Alset EHome International Inc. Price & Performance (AEI)

Alset Inc. has announced its entry into the robotics sector by establishing Alset Robot Inc. The new subsidiary will focus on service, humanoid, and companion robots targeting industries like healthcare, retail, and domestic use. The company plans to collaborate with robotics manufacturers to expand its global presence and market reach.1

Retail sales in the U.S. recorded a significant increase last month, driven by strong consumer confidence and an uptick in discretionary spending. Categories such as electronics and apparel saw the highest growth. Analysts attribute this trend to robust job markets and declining inflation, which have bolstered household purchasing power.

The electric vehicle (EV) market is grappling with supply chain disruptions, particularly in the procurement of critical minerals like lithium and cobalt. These shortages have slowed production and increased costs for EV manufacturers. Industry leaders are urging governments to invest in domestic mining to ensure long-term sustainability.