Apple Inc (NASDAQ:AAPL, ETR:APC)'s robust iPhone sales in China are just the beginning of an AI-driven super cycle for the tech company, analysts at Wedbush believe.
New data supports their China iPhone rebound thesis, with the latest report from Counterpoint showing that Apple’s iPhone 16 sales rose 20% year-over-year in their first three weeks of sales,
Clients “continue to put their trust” in St James’s Place plc, broker Panmure Liberum said in a glowing assessment of Britain’s largest fund manager’s third-quarter results.
SJP delivered record funds under management (FUM) in the quarter, while chief executive Mark Fitzpatrick downplayed potential pension headwinds emerging from the upcoming Autumn Budget.
Shore Capital Markets has reiterated its buy rating on WPP PLC (LSE:WPP) ahead of the advertising giant's upcoming third-quarter trading update on 23 October.
Analysts suggested that investors will be looking for reassurance following WPP’s interim results, which saw the company reduce its full-year revenue guidance from flat to slightly less than flat.
It is hardly a surprise that broker Peel Hunt has opted to downgrade Boohoo Group PLC (AIM:BOO)’s share price target considering the barrage of bothersome news emerging from the online fashion retailer today.
Alongside a strategic review of its operations that could culminate with a break up of the group, boohoo announced that its chief executive John Lyttle will be jumping ship after five years.