Stock broker morgan stanley

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley is "increasingly bullish" about the iPhone 12 cycle and has hiked the target Apple stock price, because of better-than-expected sales performance in China, stable build numbers, and other positive data. In a note to investor seen by AppleInsider , lead analyst Katy Huberty writes that the iPhone 12 is "surprising to the upside in China." The trend comes after months of supposed smartphone weakness in China. The analyst estimates that iPhone shipments are up around 40% year-over-year in China in the quarter to date. That's based on smartphone shipment information released by the Chinese government. Since it doesn't break out Android versus non-Android devices, the percentage of smartphones sold in China that are iPhones is an estimate. Total … [Read more...] about Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio. In a note to investors seen by AppleInsider , analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter. "Our recent conversations suggest investors expect Apple to release solid, but not great, December quarter results," Huberty writes. "We disagree and believe that Apple is likely to report all-time record quarterly revenue and earnings." The analyst expects Apple to report double digit year-over-year growth across all five of its revenue segments, with some … [Read more...] about Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

Morgan Stanley has raised its AAPL price target to $164 on blockbuster Apple December quarter results, and said that products like the iPhone could see continued strength in the second quarter. In a note to investors seen by AppleInsider , Morgan Stanley analyst Katy Huberty said that some of the highlights of Apple's Q1 2021 earnings report were "faster iPhone share gains, installed base growth, and services monetization." Those factors, along with a refreshed product lineup and a continued remote education and learning environment, hint at strong double-digit growth over the next several quarters, Huberty said. Other key metrics support an overall faster growth outlook in the long term. They include an acceleration in Apple's installed base growth — from 7% to 10% — and services monetization, as well as a recovery in China. The analyst adds that Apple's gross margin of 39.8% was 160 basis points higher than she modeled. Guidance suggesting upcoming March … [Read more...] about Morgan Stanley raises AAPL to $164 on Q1 2021 results, says Q2 outlook is strong

Blue-chip stocks send VN-Index up By Thanh Ha Investors monitor stock prices at Maybank Kim Eng Securities Company. The VN-Index increased 1.32 points, or 0.14%, at 965.93 today, August 7 - PHOTO: THANH HOA HCMC – The VN-Index of the Hochiminh Stock Exchange plunged to its intraday low at the beginning of the session today, August 7, before going up by 1.32 points, or 0.14%, versus the previous day, at 965.93, thanks to the strong growth of some blue-chip stocks, especially lender VCB. On the southern bourse, 219 million shares worth more than VND5.2 trillion changed hands, up 3.9% in volume but down 12.7% in value. Of the total, block deals accounted for 85.29 million shares worth some VND2.4 trillion. VCB picked up 2.75% to its highest level of the day, at VND78,400, helping significantly to keep the main index from the fourth straight losing session. Other blue-chip stocks, such as steelmaker HPG, fuel distributor PLX and realty firm NVL, also made gains, up … [Read more...] about Blue-chip stocks send VN-Index up

Local stocks approach 980 points By Phuong Thao A male staff monitors share prices on the computer screen at HCMC Securities Corporation. The VN-Index rose to near 980 points on July 11 - PHOTO: THANH HOA HCMC – Domestic stocks approached the strong psychological level of 980 points in the third straight rising session today, June 11, but the main stock index still failed to beat the threshold due to low investor demand. The Hochiminh Stock Exchange saw 169 stocks rising versus 130 ending lower, prompting the VN-Index to gain 4.98 points, or 0.51%, against Wednesday at 978.63. Trading volume on the market rose 4.6% at 161.6 million shares while value slid 13.6% at VND3.3 trillion. Construction firm ROS reported over 4.1 million shares traded in block deals with total value of over VND127 billion, closing at the reference price of VND29,200. It ranked second on the market in terms of matching volume with nearly 7.8 million shares, behind its associated firm FLC with … [Read more...] about Local stocks approach 980 points

For long-term investors, it is a good time to buy By Ngoc Tran Le Hong Lien, head of Institutional Research at Maybank Kim Eng Securities HCMC - The Vietnamese stock markets is in a roller-coaster rideas volatility is back, but for Le Hong Lien, head of Institutional Research at Maybank Kim Eng Securities, it is still a good time to buy, especially for long-term investors. The Saigon Times spoke with Lien. The Saigon Times: A few days ago, the Fed raised the U.S. interest rates again, and now we are feeling its impact. Most local stocks are down. Will this impact continue into 2019 or is it merely short-lived? - Le Hong Lien: Fairly speaking, the VN-Index (of the Hochiminh Stock Exchange) had edged up over the past few days. I attribute that more to some expectation that there would be some positive movement of the VN-Index itself towards the end of the year, especially when the Government continues to provide quite a positive guidance to next year of … [Read more...] about For long-term investors, it is a good time to buy

Investment bank Morgan Stanley calls recent reports of weaker iPhone demand "supply chain noise," and sees the AAPL pullback as a buying opportunity for investors. In a note to investors seen by AppleInsider , analyst Katy Huberty says she agrees with reports of iPhone 12 mini weakness, but adds that the overall demand environment remains positive for the iPhone 12 and iPhone 12 Pro lineup. For one, she cites reports that Apple is cutting iPhone production to 75 million units in the first half of 2021. Although Huberty admits this has contributed to recent AAPL underperformance, she says the news is "noise rather than anything that impacts the fundamental outlook." A recent Morgan Stanley check indicated that there's between three million and five million units of total iPhone build upside risk for the first half of 2021. That's because the bank's research indicates that build orders for specific iPhone 12 and iPhone 11 models are being revised up, not … [Read more...] about iPhone demand weakness just ‘noise,’ outlook remains strong, analyst says

Selloff sends blue chips tumbling By Phuong Thao Investors at a local securities firm. The local stock market decreased on high selling pressure on July 18 - PHOTO: THANH HOA HCMC – The local stock market corrected today, July 18, as investors flocked to take profits out of blue chips that had made significant rallies in previous sessions. The VN-Index of the Hochiminh Stock Exchange lost 6.25 points, or 0.66%, to close at 976.05, with losers outnumbering gainers by 180 to 115. Market turnover tumbled as volume and value shed 18% and 12% against the previous day at 139.8 million shares worth VND3.6 trillion. Up to 24 of stocks in the VN30 basket ended the session with a negative note, including Coteccons Construction (CTD), food and beverage firm Masan (MSN), DHG Pharmaceuticals (DHG), real estate firms Vinhomes (VHM) and Novaland (NVL), and VPBank (VPB). The stocks had made strong increases in recent weeks on expectations for good quarterly earnings reports. … [Read more...] about Selloff sends blue chips tumbling

VN-Index struggles amid low trade The Saigon Times Daily Investors are watching stock prices at Military Bank Securities Company. The VN-Index closed sideways again on August 29 - PHOTO: VNA HCMC – Domestic stocks continued sluggish moves amid gloomy transaction today, August 29, as skepticism about a global economic recession and trade tensions still weighed on market sentiment. The VN-Index of the Hochiminh Stock Exchange moved sideways for the second straight session, adding a mere 1.33 points, or 0.14%, against Wednesday at 978.59. There were 138.4 million shares worth VND3.3 trillion changing hands, down 6% and 4%, respectively. Construction firm ROS again led the market for liquidity with 13.9 million shares transacted, rising 1.8% at VND28,000. Steel firm HPG came next with matching volume of 4.9 million shares, but it fell 0.5% at VND22,150. After a blaze at one of its warehouses on Wednesday night, shares of Rang Dong Light Source and Vacuum Flask … [Read more...] about VN-Index struggles amid low trade

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini , while Apple has charged Foxconn with making more of the iPhone 12 Pro series. Despite recently expanding its manufacturing capacity, Pegatron was already facing a slowdown in orders from Apple over its alleged student labor violations. Now it has also seen a reduction in orders, with Apple reportedly requiring fewer of the iPhone 12 mini. According to Digitimes , Pegatron has seen a slowdown in orders for the smallest iPhone, blamed on the coronavirus affecting demand in the US and Europe. Citing unnamed market observers, Digitimes separately reports that Foxconn has received an increase in orders for its production of the iPhone 12 Pro and iPhone 12 Pro Max . … [Read more...] about Apple shifts more production from iPhone 12 mini, to iPhone 12 Pro