Investing.com — Evercore ISI analysts issued a Tactical Outperform call for Apple Inc (NASDAQ:) on Sunday, expecting the iPhone maker to report earnings results in line with current estimates, which could lead to a positive performance for the stock. Despite the recent bearish sentiment around Apple, particularly concerning its position in the Chinese smartphone market, Evercore analysts suggest that the perceived risks may be “overstated.” They believe this can be “offset by growth in developing markets and a strong upgrade cycle in the US where our survey work points to strong upgrade demand, driven in part by AI.” Apple shares…
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Credit: Unsplash/CC0 Public Domain Biodiversity is in crisis. Human activities are driving species extinctions at unprecedented rates, but funding for conservation remains woefully inadequate. To address this gap, the concept of a Biodiversity Credit Market (BCM) has emerged, inspired by carbon credit systems that incentivize conservation and restoration efforts. However, while the BCM holds promise, it risks falling into the same pitfalls as its carbon counterpart—especially if it fails to implement rigorous science-backed baselines, monitoring and validation processes. In a publication in npj Biodiversity, T. Mitchell Aide, a research associate at the Smithsonian’s National Zoo and Conservation Biology Institute (NZCBI),…
Wells Fargo has initiated coverage on Shoals Technologies Group (NASDAQ: SHLS) with an Equal Weight rating and set a price target of $6.00 per share. The firm’s analysis is based on a discounted cash flow (DCF) model and considers the company’s potential for growth through expansion into new markets. Shoals Technologies, which currently derives the majority of its revenue from utility solar projects, is looking to diversify its business by entering new markets over the coming years. These new ventures include international markets, community, commercial, and industrial (CC&I) projects, battery energy storage, and data center wiring. The company aims to…
TUSCALOOSA, Ala. (WBRC) – Parks in the City of Tuscaloosa are in overdrive when it comes to renovations as the city has invested millions of dollars in upgrades.If it seems like there’s been one ribbon cutting after another at Tuscaloosa-area parks that’s because several parks have reopened after being closed.Kaulton Park on the city’s west side and Snow Hinton Park on McFarland Boulevard just reopened.That’s after being closed for several months in Kaulton’s case, and nearly a year when it comes to Snow Hinton.The city spent almost $2.5 million upgrading Kaulton Park. “It’s just completely different from when I lived…
Although the market is still hitting record highs, many stocks are still good buys. The key isn’t to look at where the market is now; it’s to look at where some stocks may be heading if they can keep up their growth trajectory.If these four can maintain their general direction, they’ll continue rising faster than the market, which makes them excellent buys now.1. Taiwan Semiconductor ManufacturingRegardless of where you look in the tech sector, you’ll find that highly sophisticated chips are within every device. It doesn’t matter if a GPU is being used for training artificial intelligence (AI) models or…
Taipei, Taiwan, Oct. 14, 2024 (GLOBE NEWSWIRE) — Committed to building a “green energy-driven, AI-native decentralized infrastructure,” the innovative platform Zen42.ai has officially joined Mobii Green Energy’s New Zealand Green HI-City project. Led by Mobii… Source link
Image source: Getty Images Greggs‘ (LSE: GRG) shares have fallen 13% in the past month. This flaky run comes after the FTSE 250 bakery chain reported a slowdown in sales in the third quarter. Despite this pullback, the stock’s still returned 78% over five years, including dividends. That market-beating gain’s been driven by a 75% increase in the firm’s revenue and a more than doubling of profits. But what about the future? Here are the latest growth forecasts for the next few years. City estimates If forecasts prove correct, Greggs’ revenue and earnings will keep chugging higher. This could lay…
On Monday, Morgan Stanley adjusted its stance on Caterpillar Inc. (NYSE:), shifting its rating from Equal-weight to Underweight and revising its price target to $332 from the previous $349. The firm highlighted growing evidence of a potential downturn in the de-stocking of U.S. construction equipment as a key reason for the downgrade. The downgrade comes amid concerns about U.S. Non-Residential construction activity, which Morgan Stanley has been cautious about throughout the year. The firm anticipates that several factors, including optimistic expectations of growth driven by near-shoring, normalizing supply chains leading to better product availability, an increasingly competitive market, and deteriorating…
Editor’s Note: This is the first in a series of articles that challenge the conventional wisdom that stocks always outperform bonds over the long term and that a negative correlation between bonds and stocks leads to effective diversification. In it, Edward McQuarrie draws from his research analyzing US stock and bond records dating back to 1792. CFA Institute Research and Policy Center recently hosted a panel discussion comprising McQuarrie, Rob Arnott, Elroy Dimson, Roger Ibbotson, and Jeremy Siegel. Laurence B. Siegel moderated. The webinar unveils divergent views on the equity risk premium and McQuarrie’s thesis. Subscribe to Research and Policy…
CEO and CIO of Astoria Advisors, John Davi, launched his firm’s third ETF, Astoria US Quality Growth Kings ETF (GQQQ), this October. Source link