Out of the five best selling phone brands in India, four are Chinese viz Xiaomi, Vivo, Realme, and Oppo. India recently became the second-largest smartphone market in the world after dethroning the US from the same position. In 2019, smartphone shipments in India jumped 7% on-year and the total shipments reached 158 million, according to … Read more
price forecasts. And that’s after a slew of analysts have already inched their targets higher for Apple. Of the big five tech stocks, Apple’s implied return — that is, the average difference between analysts’ target prices and the stock’s current price — is lowest. At $146 apiece, shares of Apple’s stock now have a higher … Read more
8 SHARES Patrick T. Fallon | Bloomberg | Getty Images Nelson Peltz Billionaire investor Nelson Peltz has opened a new position in a stock, and he says he has more to buy. But he’s not tipping his hand. “We’ve started buying about two weeks ago,” he said Monday on CNBC’s “Squawk on the Street.” Peltz … Read more
Source: Snapchat Snapchat has made all its money to date from digital advertising. But as investors prepare for an upcoming IPO, they have to consider what the parent company Snap will look like in a very different business. There’s not much subtlety to it “Snap Inc. is a camera company,” says the front page … Read more