&w=3840&q=100)
Nvidia hits $4 trn market cap; first company ever to reach the milestone
Equity traders brushed off tariff angst to send the S&P 500 closer to its all-time highs. A measure of megacaps climbed about 1.5 per cent, with the giant chipmaker extending this year's surge to more than 20 per cent. Microsoft Corp. advanced on an analyst upgrade. Apple Inc. underperformed as White House trade counselor Peter Navarro told Fox Business the iPhone maker thinks it is 'too big to tariff.
'We believe the setup for equity markets looks bullish, even in light of renewed trade-war jitters,' said Craig Johnson at Piper Sandler. 'While equities may come under some near-term pressure, investors are increasingly becoming numb to the tariff headlines and instead focusing on the trendlines.'
Just a day after President Donald Trump escalated his trade rhetoric, investors awaited tariff announcements for a number of countries. He foreshadowed an update to the trade status of at least seven nations to be released Wednesday morning, Washington time, with more to come in the afternoon.
Treasury 10-year yields were little changed before Wednesday's sale of the maturity, the second in a trio of auctions that will culminate in an offer of longer-term debt. The dollar wavered.
'Our sense is, although investors are likely increasingly fatigued over tariff news flow, as markets hover around overbought levels any whiff of bad news could place downward pressure on stocks over the very near-term,' said Chris Senyek at Wolfe Research. 'To that end, we continue to remain defensively positioned while favoring particular cyclicals/secular growth groups.'
Senyek says that even though we've yet to see the full impact of the Trump Administration's tariff policy work its way into prices, leading price indicators have risen sharply on the goods and services side of the economy.
'As a reminder, we see stickier inflation as the biggest risk for stocks in the back half of 2025,' he said. 'Our sense is a rise in price pressures could keep the Fed holding rates steady over the remainder of the year as the labor market continues to remain in a solid balance.' (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Time of India
35 minutes ago
- Time of India
Apple's foldable iPhone could send this stock soaring — analysts say watch closely
Apple is gearing up to disrupt the smartphone world yet again—this time with a foldable iPhone that could change everything. But the real excitement isn't just about the phone itself. Analysts are sounding the alarm on one under-the-radar stock that could absolutely explode if Apple makes its move. They're calling it a must-watch—because when Apple shifts, this company could be the one riding the biggest wave. Lens Technology (HKEX: 300433) could become the biggest winner if Apple's foldable iPhone hits the market in 2026. The ultra-thin glass manufacturer is being closely watched by analysts who believe this could be a game-changing moment—not just for Apple, but also for its key suppliers. Lens recently raised HK$610 million through its Hong Kong IPO to strengthen its foldable-screen tech, betting big on Apple's future moves. If things go as projected, foldable iPhones could make up 12% of Lens's total revenue by 2027. Why is Apple betting on a foldable iPhone by 2026? Apple is reportedly preparing to enter the foldable smartphone space by late 2026, according to top Apple analyst Ming-Chi Kuo. The device is expected to feature a book-style design, crease-free OLED panels from Samsung Display, and ultra-thin glass supplied by Lens Technology. If the rumors prove accurate, this could mark a major shift in Apple's product strategy, making foldables a mainstream option for iPhone users. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experts Warn If You See This Bug In Your Yard, Do This Quickly Undo Price estimates for Apple's foldable phone range between $1,800 and $2,400, which would make it the most expensive iPhone to date, according to UBS and Kuo. The anticipated launch is already pushing excitement in Apple's supply chain, with suppliers like Lens preparing for a potential boom. How does Lens Technology fit into Apple's foldable vision? Lens Technology is a long-time Apple supplier, known for producing ultra-thin glass (UTG) used in display covers. Analysts believe the company's role in Apple's foldable lineup could be massive. As per reports from 36Kr and Gulf Business, Lens will likely be a primary supplier of the glass cover for Apple's first foldable device. Live Events Lens is clearly gearing up. The company raised HK$610 million in its Hong Kong listing, specifically targeting R&D and production in foldable glass. Its projections show that foldable-related revenue could grow from 5% in 2026 to 12% by 2027—a major shift for its earnings profile. Is Lens Technology stock a smart buy right now? At a current price of around ¥23.64 CNY (as of July 21, 2025), Lens Technology is trading below its 52-week high of ¥32.05, giving it room to climb if the foldable iPhone gains traction. The stock is up +7.9% year-to-date and +24% over the past year, showing steady investor interest. The company has a market cap of approximately ¥122 billion CNY (~US$17 billion), with a P/E ratio of ~31× TTM and forward P/E of ~23.6×. Its next earnings report is expected on August 20, 2025, and that could be a catalyst depending on any foldable-related updates. If you're eyeing Lens Technology as a potential breakout stock tied to Apple's foldable iPhone, here are the key numbers and dates that matter: Current stock price : Around ¥23.64 CNY as of July 21, 2025 52-week range : Between ¥14.92 and ¥32.05 CNY — still below its recent peak Market cap : Roughly ¥122 billion CNY (≈ $17 billion USD ) P/E ratio : Trading at about 31× trailing earnings , with a forward P/E near 23.6× Year-to-date performance : Up ~7.9% so far in 2025 One-year gain : Stock has climbed 24% over the past 12 months Next big catalyst : Q2 earnings report expected on August 20, 2025 These numbers show that Lens Technology has already been gaining momentum—but the real upside could hit if Apple formally confirms a 2026 launch for the foldable iPhone and Lens is locked in as a key supplier. What are the key risks for investors betting on Lens? Lens Technology presents a high-risk, high-reward opportunity. 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With analysts projecting up to 12% revenue from foldables by 2027, Lens's earnings could look very different in just two years. Pairing Lens with broader Apple suppliers like Luxshare or Foxconn may offer more balanced exposure. But if you're targeting maximum upside from the foldable iPhone theme, Lens deserves a serious look. Apple's foldable iPhone might still be over a year away, but the time to watch Lens Technology ( is now. With a clear path to becoming a key player in Apple's foldable plans, and an already growing stock profile, Lens could become one of the biggest breakout stories in the global tech supply chain. FAQs: Q1: What is Lens Technology's role in Apple's foldable iPhone? Lens Technology is likely to supply the ultra-thin cover glass for Apple's 2026 foldable iPhone. Q2: Could Lens Technology stock grow with Apple's foldable iPhone launch? Yes, analysts expect up to 12% of Lens's revenue to come from foldables by 2027.
Time of India
2 hours ago
- Time of India
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Time of India
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