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Apple Inc's new iPhones got off to a strong start in China, with their sales rising 20% in their first three weeks since their launch compared with its 2023 model, according to data from research firm Counterpoint. Both Apple and Huawei's latest smartphones went on sale in China on Sept. 20, underscoring intensifying competition in the world's biggest smartphone market where the U.S. firm has been losing market share in recent quarters to domestic rivals. "We're seeing strong iPhone 16 series unit sales in China," Counterpoint said, adding the iPhone 16 Pro and Pro Max models were doing particularly well, with their combined sales rising 44% compared with their equivalent 2023 versions...
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Both VIG and SCHD offer defensive, high-quality dividend growth with low expense ratios, ideal for uncertain times. Click here for a detailed analysis...
Continue ReadingTidefall Capital returned 2.4% for Q2 2024 vs. the S&P's 4.3% return. Click here to read the full fund letter...
Continue ReadingJPMorgan Chase CEO Jamie Dimon emphasized tremendous geopolitical risks facing the economy and market. Find out what strategies to consider for your portfolio...
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Continue Reading(Bloomberg) -- Sales of Apple Inc.’s newest iPhones in China are up 20% in their first three weeks compared with 2023’s model, a positive sign for a device that struggled this year to gain traction in the world’s largest smartphone market.Most Read from BloombergInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedChicago Should Consider Furloughs, Higher Booze Tax, Watchdog SaysCities Look to AI to Flag Residents’ Trash and Recycling MistakesHow...
Continue ReadingJOHANNESBURG (Reuters) -South African click-and-collect company Pargo is exploring an expansion into the rest of Africa, its CEO said in an interview, betting on e-commerce growth on the continent. Africa is forecast to surpass half a billion e-commerce users by 2025, having shown a steady 17% compound annual growth rate of online consumers in the market, according to the International Trade Administration, a U.S. government agency. The firm has more than 4,000 pick-up points located at retail stores across South Africa, including informal township "spaza" corner shops...
Continue ReadingRead more on the historical trends in equity markets and bonds during election months, post-Fed rate cuts, and cutting cycles without a recession...
Continue ReadingAlphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo’s co-founder Anthony Levandowski is more optimistic about Tesla Inc.’s (NASDAQ:TSLA) self-driving vision over Waymo’s given the EV giant’s wealth of data. What Happened: “There’s millions of Teslas out there that are constantly alerting, feeding back their data to Tesla to make the product better, and that’s ultimately what’s really going to be the differentiator here — that you have the richest, most consistent data to continuously imp...
Continue ReadingAgainst an inauspicious backdrop, Cinemark has demonstrated resilient financial performance. Click here for our investment thesis on CNK stock...
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