Alfred Gray

The world's top ten stocks by market value have more influence on capital markets than ever before, and that may be a bad thing, says Ned Davis Research.

The top 10 names by market capitalization in the All Country World Index (ACWI) now account for nearly a fifth, or 19%, of the benchmark's value, a record high in terms of concentration, according to a report Monday from the...
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Shares of Intel Corp. $INTC led the Dow lower Tuesday as concerns about data center inventories overshadowed the announcement of new computer chips with artificial intelligence capabilities in time for the holidays.

Shares of Intel (INTC), which had been declining as CEO Pat Gelsinger began his keynote address at the Intel Innovation 2023 developer conference, began to fall...
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today's conference call with the management of Colt was held in the spirit of expectations of acceleration of the financial performance in the second half of this year, satisfaction with the recently completed acquisition of the Swiss ammunition manufacturer swissAA Holding or significant fulfillment of the contract with the Czech army.

This year is marked by a strengthening of...
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Apple's stock has not seen a new iPhone. This could help

Apple shares $AAPL plunged after the release of the iPhone 15 as analysts were skeptical about whether it would boost sales. But new data could change that view.

According to Daniel Ives of Wedbush, the start of iPhone 15 pre-orders brings good news for Apple (AAPL). In his research report, he wrote that based on Wedbush's...
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Instacart, an online grocery delivery company, is about to take on retail brokers. It's a test of investors' appetite for gig companies.

San Francisco-based Instacart, registered as Maplebear, will begin trading Tuesday under the name "CART" and, like most IPOs, will price the night before going public and celebrate the listing with its employees, a person close to the company...
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This week, investors' attention will be directed to the US Fed, which will decide on the further development of US monetary policy. On the old continent, the CPI index in the Eurozone or the PMI index in Germany will be reported. Among domestic indicators, the PPI index was reported on Monday morning.

Fed meeting

On Wednesday, the US Federal Reserve will meet to decide on the...
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US software firm Adobe $ADBE reports 3Q results, outlook is within analysts' expectations. However, investors were expecting a revenue increase in AI products.

Results

Subscription revenue increased 12% y-o-y to USD 4.63bn, against analyst estimates of USD 4.57bn.

Product revenue decreased 24% year-over-year to $96 million. Product sales were down USD 96 million, compared to the...
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Zara's owner, Inditex, beat expectations on Wednesday, boosting half-year net profit by 40% even as the world's biggest fast-fashion company slowed the pace of price increases.

Inditex has increased its lead over Swedish rival H&M this year thanks to faster delivery of fashion from nearby suppliers at prices that allow it to cope with inflationary pressures.

The company posted a...
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According to Morgan Stanley, there is a "recovery story" in the semiconductor market this year.

This is the memory sector, which includes DRAM, or dynamic random access memory - a type of semiconductor memory needed for data processing - and NAND, another type of memory that remains viable without a power source.

"The memory sector is going through a recovery cycle this year -...
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Apple has introduced a new generation of iPhones. The price remained the same as the last generation. Apple will also stop producing iPhones Pro Max with the lowest memory.

Here is a selection of analyst reactions:

Analysts at Morgan Stanley wrote that one-year estimates remain unchanged and China will continue to weigh on the company's stock in the short term, but there is...
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US software company Oracle $ORCL released its 1Q 2024 earnings results. Reported revenue was almost in line with expectations, but investors were not happy with cloud revenue growth. The stock is weakening by more than 10% in the pre-market.

Earnings

Revenue of $12.45 billion represented an 8.8% year-over-year increase. Excluding currency changes, this would be an 8% increase on...
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Apple $AAPL is widely expected to unveil a new iPhone at its "Wonderlust" event on Tuesday, and if history is any guide, there may be no better time to consider buying the stock.

According to Morgan Stanley analyst Erik Woodring, Apple stock tends to outperform six months after the iPhone launch, but it moves in line with the market during the one to three months following the...
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Instacart is reportedly seeking a valuation of less than $10 billion at IPO

The Wall Street Journal reported on Sunday that Instacart is looking to achieve a valuation of under $10 billion in its upcoming initial public offering, far less than the nearly $40 billion it was valued at a few years ago.

According to the newspaper, Instacart is seeking a valuation of roughly $8.6...
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US firearms maker Smith & Wesson $SWBI has released earnings results for the first quarter of fiscal year 2024.

Results

Adjusted operating profit was $8.27 million.
Adjusted EBITDA was $17.5 million and gross margin was 26.6%. The Company achieved an EBITDA profit of USD 15.7 million in the same period last year. USD.

Dividend

The Board of Directors approved a quarterly dividend...
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According to Morgan Stanley, this stock is a top pick in the clean energy market that could nearly double

According to Morgan Stanley, Bloom Energy Corp. $BE some promising opportunities.

The bank called this stock a top pick and reiterated its "overweight" recommendation on the stock. It also maintained a $29 price target, meaning the stock could jump 92% from where it closed on...
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