Latest news with #JPMorgan
Time of India
42 minutes ago
- Business
- Time of India
Apple may debut foldable iPhone in 2026, offering design similar to Samsung Galaxy Z Fold
Apple may launch its first foldable iPhone in the second half of next year, according to JP Morgan. In a note to clients (via CNBC), JP Morgan analyst Samik Chatterjee said 'With the upgrades to the iPhone 17 series to be released this fall expected to be fairly limited, investor focus has already turned to the 2026 fall launches with Apple expected to launch its first foldable iPhone as part of the iPhone 18 lineup in September 2026', The note further stated that Apple foldable iPhone may feature a book-style fold similar to Samsung's Galaxy Z Fold series. Apple foldable iPhone: Expected features According to the JP Morgan analyst, the new foldable iPhone may come with a 7.8-inch inner display and a 5.5-inch outer display. To compare, the Galaxy Z Fold 7 has an 8-inch inner screen and a 6.5-inch outer screen. The note further adds that the foldable iPhone, being referred to as foldable iPhone 18 by the analyst, is likely to have a crease-free inner display. Notably, Samsung is also rumoured to introduce similar technology with its Galaxy Z Fold scheduled to launch in 2026. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mini House for 60 sqm for Seniors with Toilet and Bath (Price May Surprise You) Pre Fabricated Homes | Search Ads Search Now Undo The analyst further predicts that the foldable iPhone could cost $1, also predicts that Apple will sell around 10 to 15 million foldable iPhones in fiscal year 2027, with sales expected to grow to around 40 to 45 million units by fiscal year 2029. It 'could create a $65 billion revenue opportunity for Apple, leading to a high-single-digit earnings accretion in the medium term'. What other analysts say Similar to JP Morgan, other market experts believe Apple is getting ready to launch a foldable iPhone as early as next year. TF International Securities analyst Ming-Chi Kuo is among them. He expects the device to come with a 'premium pricing.' With Apple's possible entry into the foldable phone market, JPMorgan analyst Samik Chatterjee said certain suppliers could benefit. He named Amphenol, which makes electronic connectors, and Corning, known for its specialty glass. According to Chatterjee, their growth would be 'primarily driven by high content in foldable phones rather than the volume associated with it.' Both companies have performed well so far this year. Amphenol's stock has risen more than 50%, and Corning has gained over 30%, outpacing the S&P 500's 8% increase during the same period. In contrast, Apple's shares have dropped more than 15% year to date. iQOO Z10R 5G goes on Sale: BEST Budget Phone for Content Creators? AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
2 hours ago
- Business
- Time of India
Buy or sell: Stock recommendation by brokers for July 30, 2025
Representative AI-image JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and order wins remained strong. They said they were not unduly concerned about BEL's revenue growth. The PSU major's order wins were well ahead of the run rate required to achieve the FY26 guidance of Rs 27,000 crore. Morgan Stanley maintained its underweight rating on IndusInd Bank with the target price at Rs 750. Analysts said that the lender's net interest income during the previous quarter was ahead of estimates while fee income was lower. Its core PPoP (pre-provision operating profit), excluding income tax refund and others, was 11% below estimates, while slippages remained high at 3% of loans, as did credit costs. Analysts have reduced earnings by 15-20% in FY26-FY28 period. Citigroup maintained its buy rating on Torrent Pharma with an increased target price of Rs 4,380 from Rs 4,000 earlier. Analysts said that for the pharma major, the April-June quarter was a healthy and in-line quarter with solid traction across the markets. They expect the margin expansion trend will continue. They also expect operating leverage benefits in the branded segments and potential recovery in the US market. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Legendary Cars from the Past Undo by Taboola by Taboola Macquarie maintained its outperform rating on Adani Green Energy with the target price at Rs 1,200. Analysts said the company showed strong capacity adds during the April-June quarter, healthy utilization. The company targets 50GW of renewable-energy capacity by FY30. They said that with capacity additions trending above expectations, this poses upside risk to forecast 25% EBITDA (earnings before interest, taxes, depreciation and amortisation) CAGR (compounded annual growth rate) over the next five years. CLSA initiated its coverage of Radico Khaitan with an outperform rating and a target price of Rs 3,098. Analysts said that given recent investments in building capacity for premium spirits, they believe that the company is well positioned to deliver 265 basis points EBITDA margin expansion in FY25-FY28 to 16.5%. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Yahoo
5 hours ago
- Business
- Yahoo
Why Nike Stock Just Popped
Key Points JPMorgan analyst Matthew Boss just upgraded Nike stock to buy. Nike's capable of growing earnings 20% a year over the next five years, says this banker. That's nearly twice the rate of growth most analysts forecast for Nike. 10 stocks we like better than Nike › Nike (NYSE: NKE) ran up 3% through 10:05 a.m. ET Monday morning after JPMorgan analyst Matthew Boss upgraded the stock to overweight and raised his price target on the shoes and sportswear star to $93 a share. Why JPMorgan likes Nike Citing its own "fieldwork" on the stock, as well as conversations with management and SEC filings, Boss is raising his earnings forecasts for Nike in 2026 and 2027. He's predicting the company will grow earnings in the "high-teens to 20%" over the next five years, reports Management, says the analyst, is seeing "accelerating momentum within global wholesale orderbooks" and is aligning its inventory levels to support sales-growth trends. This should be completed by halfway through 2026. Boss also cited multiple trends that should result in stronger average selling prices in the running, global footwear, basketball, and training markets, leading to potentially a doubling of operating profit margins (to 10%) by 2028. Longer term, Boss sees a path to Nike regaining pre-pandemic profit margins of 12% and even 13%. Is Nike stock a buy? Nike's not a bad business. To the contrary, it's a steady performer, and most analysts predict Nike is capable of growing earnings at least 11% annually over the next five years. The problem is that, at its current valuation of 35 times earnings, 11% growth might not be enough to justify such a high valuation. JPMorgan's analyst holds out the hope, though, that Nike might grow nearly twice as fast as that -- 20%. Problem is, even 20% growth on a 35x-earnings stock works out to a price-to-earnings ratio of 1.75. That's still too high a price to pay for Nike. Even if this analyst is right about Nike's growth prospects, I think the stock is still a sell. Should you invest $1,000 in Nike right now? Before you buy stock in Nike, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nike wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 28, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy. Why Nike Stock Just Popped was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Phone Arena
5 hours ago
- Business
- Phone Arena
JPMorgan sees foldable iPhone quickly taking control of the sector
Multinational financial services company JPMorgan believes that the iPhone Fold will be a success. An internal research note that the company sent to its clients was viewed by MacRumors. The note says that the iPhone Fold will be introduced in September 2026 during the event that unveils the iPhone 18 line. The investment house says that despite the debut of the first ultra-thin iPhone (dubbed the iPhone 17 Air), the upcoming iPhone 17 series will not excite the phone-buying public. As a result, consumers' attention will quickly turn to the 2026 iPhone line, which JPMorgan says will include the first foldable iPhone dubbed the iPhone Fold . The report to JPMorgan's clients says that the book-style foldable will be priced at $1,999 and sales will be in the teens of millions by 2027. The foldable iPhone isn't expected to really take off until 2028, according to JPMorgan's analysts. That's when 45 million iPhone Folds are expected to be sold. Considering that the Bill of Materials for the device is rumored to be $759, Apple could be in a good position to coin some nice profits if the foldable iPhone is a success. JPMorgan sees Apple releasing a $1,999 foldable iPhone in 2026. | Image credit-Unknown Apple's entry into the foldable market will give that niche segment of the smartphone industry a shot in the arm, as many expected. This year, 19.8 million foldables are expected to be sold globally. The introduction of the foldable iPhone will not only take foldable devices into the mainstream, but having a foldable iPhone in the marketplace will result in a huge jump in foldable units sold, and the amount of revenue generated by the sector should soar. Yes, the iPhone name still means a lot in the smartphone industry. But beyond that, Apple is looking to improve the appeal of foldable phones by removing some of the major issues that keep consumers away from buying such a device. The number one reason why consumers don't buy foldables is the pricing, and this is one issue that I don't think Apple is so quick to fix. The second problem is the tendency of foldable displays to have a crease show up on the internal display. This is a problem that foldable manufacturers have been struggling to eliminate for a long time. Apple reportedly will ship a foldable with a crease-free display, or at the least, a crease that will not be so easily noticeable. The inner screen is expected to weigh in at 7.8 inches and will feature a sturdy, long-lasting hinge using "Liquid Metal." The external display is expected to weigh in at 5.5 inches. The iPhone Fold will sport a thin chassis and a titanium frame. Touch ID is expected to make its long-awaited return, replacing Face ID on the foldable iPhone . Apple has studied the foldable market for a long time. This is how the company operates. The late Steve Jobs didn't wake up one morning with the iPhone, its specs, design, and features all done. It was a multi-year project that started in 2004, three years before that glorious day when Jobs held aloft the device that would change the world. With the foldable iPhone , Apple did the same thing. It studied the competition, examined their weaknesses, and figured out where Apple could do things better. The crease is supposedly an example of how this works. Earlier in the process, Apple was said to have held back on developing a foldable iPhone because it was concerned that such a device could not be durable. Then, while testing a prototype foldable iPhone in 2024, the device, using a display sourced from Samsung, fell apart. Obviously, Apple is well past this point. It reverse-engineered competitors' models and figured out how to make a better mousetrap. It's the Apple way. And if JPMorgan is correct, sooner than you'd expect, Apple will be the leader in foldables worldwide, which JPMorgan calls a $65 billion opportunity for the company. When you switch to Total Wireless, keep your number & grab 3 mo. of 5G We may earn a commission if you make a purchase Check Out The Offer
Times
6 hours ago
- Business
- Times
HSBC tells managing directors to return to office four days a week
HSBC has asked its managing directors to come into the office for at least four days a week from October. According to a memo, seen by Bloomberg News, the London-listed bank told its senior managers to 'set the tone from the top'. Approached on Tuesday, HSBC said that in-person interactions were 'essential to how we lead and deliver for our customers'. It is the latest example of a big UK company pushing for higher office attendance amid concerns over productivity since pandemic-era lockdowns caused a surge in remote working. The likes of JP Morgan, Tesco, John Lewis and Uber have all introduced policies to compel employees to show up more. HSBC's memo defines in-office work as work in the bank's offices or with customers, Bloomberg reported. It includes visiting stakeholders and attending conferences, offsite meetings or the equivalent. The bank has acted after shifts of policy at other lenders in the past six months. Jamie Dimon, chief executive of JP Morgan, enforced an end to remote work for the investment bank's employees from March, while Lloyds Banking Group, the owner of Halifax, has told senior staff that office attendance will be taken into account when divvying up bonuses. It was reported in May that HSBC had threatened to cut staff bonuses for those not in the office at least three days per week. • Working from home is here to stay — if workers get their way In January, the advertising agency WPP suffered a backlash after telling its 111,000-strong workforce to return to the office for at least four days a week from April. Staff working from home are being put under renewed pressure as the government pushes through changes to workers' rights under the Employment Rights Bill. The reforms include measures to enhance flexible working rights for employees by making it more difficult for employers to refuse requests. In the US, Jones Lang LaSalle, the real estate and investment group, found this month that more than half of the Fortune 100, the largest companies by earnings and revenue, had demanded workers come in to the office five days a week. HSBC is set to report its interim results on Wednesday. Analysts are forecasting first-half pre-tax profit to fall to about $16.5 billion, down from $21.6 billion a year ago.
