$AAPL – NEW STREET ON APPLE: ‘WE EXPECT A 10% MISS ON SHIPMENTS’ “iPhone 16 started…
Month: September 2024
📰 $AAPL – NEW STREET ON APPLE: ‘WE EXPECT A 10% MISS ON SHIPMENTS’ “iPhone 16 started shipping on Friday. Early datapoints suggest reception is poor, with disappointing innovation, and a late rollout of Apple Intelligence. In today’s work, we provide our perspective on the upcoming iPhone cycle. We expect 215m iPhone shipments in FY25, 10% below consensus, with elongating cycles and market share headwinds in China. The stock has been less sensitive to iPhone performance in recent years. We therefore expect only a short-lived pull-back and re-iterate our Neutral rating, with a $225 Target Price (30x FY26 EPS), i.e. a 40% premium to the S&P 500, in line with the average of the last 5 years. Generative AI will still revolutionize the user experience over time, and Apple is well positioned to capture some of the attached value, but it will play on a longer time horizon.”
📰 SECRET SERVICE FAILURES BEFORE TRUMP RALLY SHOOTING WERE ‘PREVENTABLE,’ SENATE PANEL FINDS – CNBC
SECRET SERVICE FAILURES BEFORE TRUMP RALLY SHOOTING WERE ‘PREVENTABLE,’ SENATE PANEL FINDS – CNBC
📰 EURO TOUCHES 14-MONTH HIGH AGAINST DOLLAR, LAST UP 0.21% AT $1.1202
EURO TOUCHES 14-MONTH HIGH AGAINST DOLLAR, LAST UP 0.21% AT $1.1202
📰 OIL PRICES EXPECTED TO REBOUND ABOVE $80 PER BARREL AS INVENTORIES DECLINE: UBS
OIL PRICES EXPECTED TO REBOUND ABOVE $80 PER BARREL AS INVENTORIES DECLINE: UBS
📰 JUST IN – Man (57) was brutally beaten to death by a “group of several men” in Munich, Germany. Perpetrators are on the run — BILD
JUST IN – Man (57) was brutally beaten to death by a “group of several men”…
📰 ISRAELI MILITARY’S HEAD OF NORTHERN COMMAND: ‘WE HAVE ENTERED A NEW PHASE OF THE CAMPAIGN, AND WE MUST BE FULLY PREPARED FOR MANOEUVRING AND ACTION’
ISRAELI MILITARY’S HEAD OF NORTHERN COMMAND: ‘WE HAVE ENTERED A NEW PHASE OF THE CAMPAIGN, AND…
📰 MORE CHINA STIMULUS MAY FUEL BULLISH SENTIMENT IN CRYPTO AND RISK ASSETS: QCP CAPITAL “We believe more easing is coming from the People’s Bank of China (PBoC), and they have communicated as much, and combined with the U.S. Federal Reserve joining the global cutting cycle, all major central banks, except Bank of Japan, are now ready to inject more liquidity into the market. The macro space continues to look more and more bullish for risk assets, including crypto,” QCP Capital analysts said. https://t.co/JDJ523y2hJ
MORE CHINA STIMULUS MAY FUEL BULLISH SENTIMENT IN CRYPTO AND RISK ASSETS: QCP CAPITAL “We believe…
📰 $META – META PLATFORMS CEO DISTANCES HIMSELF FROM POLITICS, NY TIMES SAYS He was once a backer of liberal causes. Then everyone seemed to turn on him. Now he wants to stay away from politics — if that’s possible. https://t.co/R7gy6TR6Lt
$META – META PLATFORMS CEO DISTANCES HIMSELF FROM POLITICS, NY TIMES SAYS He was once a…
📰 RUSSIA HAS SECRET WAR DRONES PROJECT IN CHINA, REUTERS REPORTS
RUSSIA HAS SECRET WAR DRONES PROJECT IN CHINA, REUTERS REPORTS
📰 JUST IN – Entire party leadership of Germany’s Green Party is resigning after the recent election defeats — Focus
JUST IN – Entire party leadership of Germany’s Green Party is resigning after the recent election…