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08/08/2025
Snap opened quickly and rapidly dropped, falling over 20%.
Latest
2 m ago
MSCI Global Small Cap Index adjustments are imminent, Emcure Pharmaceutical-B (09606.HK) and others will be included.
2 m ago
Goldman Sachs: Rates Apple as "Buy" with a target price of $266. Import tariff exemptions may bring cost advantages.
2 m ago
Goldman Sachs released a report stating that Apple has committed to investing $600 billion in the United States over the next four years, up from the previous commitment of $500 billion. In addition, the tariff exemptions obtained by Apple should help alleviate concerns about tariff resistance before the implementation of the latest 100% semiconductor tariffs. Furthermore, the exemption may give Apple a potential cost advantage over its competitors in smartphones, personal computers, and tablet computers that have not received exemptions. The report also notes that Apple's new commitment to invest in building advanced Apple server facilities to support Apple Intelligence and private cloud computing indicates that Apple is accelerating its investment in AI. The bank believes this increases the likelihood of success for Apple's AI software efforts and reduces the probability of AI-related acquisitions. Goldman Sachs has given Apple a "buy" rating with a target price of $266, citing the attractiveness of Apple's current valuation compared to its historical valuation multiples and major tech peers. The bank points out that most of the gross profit growth in the next five years should be driven by the services business, which will mark a turning point in the services investment story and support Apple's premium valuation.
3 m ago
Morgan Stanley: Lowered Maersk target price from 11700 Danish kroner to 11600 Danish kroner.
4 m ago
CICC: Upgraded Asia Times Medicine (06855.HK) target price to HKD 93, rating as "Buy".
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