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iPhone 16 tops global smartphone sales as iPhone 15 outperforms Android rivals
Apple's iPhone 16 became the world's best-selling smartphone in Q1 2025, with the iPhone 15 also outperforming many new Android models. Strong sales were noted in Japan and the Middle East, while the iPhone 16e debuted at sixth place. Samsung's Galaxy S25 Ultra and budget models like the Galaxy A16 5G performed well, but local brands like Huawei gained ground in China.
SSR Mining Inc Reports Strong Earnings Growth Amid Analyst Upgrades
SSR Mining Inc. is expected to report an EPS of 0.73 for the current year, with operations in the U.S., Türkiye, Canada, and Argentina, focusing on precious metals. The company has a market cap of $2.32 billion and a current stock price of $11.42, reflecting a 1.7% increase. Analysts maintain a "Hold" rating, with an average price target of $10.03, while institutional investors hold 68.30% of the stock.
PACCAR Inc announced a quarterly dividend of $0.33 per share, with an ex-dividend date of May 14th. The company has received mixed ratings from analysts, with a consensus "Hold" rating and a price target of $105.23, while institutional investors own 64.90% of the stock. Recently, PACCAR reported a quarterly EPS of $1.46, missing estimates, and a revenue decline of 16% year-over-year.
hsbc's strategic shift raises questions about its commitment to europe
HSBC is undergoing a significant restructuring under Georges Elhedery, focusing on a strategic pivot towards Asia while reducing its European presence. Recent actions include cutting 348 jobs in France and selling its retail banking business there, alongside a broader withdrawal from markets like Canada and Argentina. Despite these moves, HSBC maintains that Europe remains a vital part of its strategy, emphasizing support for international clients and operational efficiency.
Bunge appointed ambassador for Argentina after leaving Credit Suisse Spain
Ex-Credit Suisse Spain chief Bunge has been appointed as Argentina's ambassador. This move marks a significant transition for Bunge, who will now represent Argentina in diplomatic matters. The appointment highlights Argentina's ongoing efforts to strengthen its international relations.
ex credit suisse spain chief bunge appointed ambassador for argentina
Ex-Credit Suisse Spain chief Bunge has been appointed as Argentina's ambassador. This new role marks a significant transition for Bunge, who will now represent Argentina in diplomatic matters.
inmode announces management changes and international expansion plans for growth
InMode's leadership discussed the impact of ongoing conflict in Israel on operations, noting that while some staff are on reserve duty, manufacturing capacity remains stable. The company anticipates a 2-3% impact on gross margins due to fluctuating tariffs, with a focus on potential acquisitions in the aesthetic market. Recent management changes aim to enhance operations in the U.S., where significant stock buybacks have occurred, totaling $508 million over two years.
analysts raise price targets for mondelez international amid mixed ratings
Barclays raised its price target for Mondelez International from $71 to $74, maintaining an "overweight" rating, while Evercore ISI increased its target from $67 to $70 with an "outperform" rating. Currently, the stock has a consensus rating of "Moderate Buy" and an average target price of $70.55, with 13 buy ratings, eight holds, and one sell. Mondelez reported a quarterly EPS of $0.74, exceeding estimates, with revenues of $9.31 billion, reflecting a slight year-over-year increase.
Chevron poised for growth amid arbitration with Exxon over Hess stake
Chevron is set to face Exxon in arbitration over Hess' stake in the Stabroek oilfield, while the company recently acquired nearly 5% of Hess' shares, bolstering its growth outlook. With a strong dividend yield and a resilient business model, Chevron is positioned for continued cash flow growth and investment in lower-carbon energy solutions.
kellanova reports earnings miss and announces quarterly dividend payment
Kellanova reported a quarterly EPS of $0.90, missing estimates of $1.01, with revenues of $3.08 billion, down 3.7% year-over-year. The company announced a quarterly dividend of $0.57, yielding 2.78%, and has a payout ratio of 57.58%. Analysts maintain a "Hold" rating, with a consensus target price of $79.41.
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