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Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...
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$Vanguard S&P 500 ETF (VOO.US)$ time to buy?
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Value or Growth Stocks? Lots of investors have long argued the dilemma.
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
The so-called growth stocks have been through their hard time in recent days. High-flying growth stocks are bordering on correction territory.
Familiar names like $Palantir (PLTR.US)$, $CrowdStrike (CRWD.US)$, $Snowflake (SNOW.US)$ $Salesforce (CRM.US)$ etc.
When talking about disruptive innovation, the name that comes up to investors' mind must be "ARK". And it's been a dismal week for Cathie Wood's flagship fund, $ARK Innovation ETF (ARKK.US)$ , that's left nearly all of her holdings in bear market.
ARKK fell 12.6% this week for its worst week since February. It dropped 5.5% on Friday.
Is this the sign that people are not in favor of growth stocks and disruptive innovation companies? Or maybe it's just because investors need something more solid fundamentally under the risk of Omicron? Would you comment down below and tell mooers about your thoughts?
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Wait times for $Tesla (TSLA.US)$ iPhone 13, particularly the high-end models, are getting better in some of the tech giant's key markets, including the U.S. and China, UBS writes in a research note.
Apple shares up 1.65% to $168.03 in early Wednesday trading.
Analyst David Vogt notes that wait times - while still "elevated" - for the iPhone 13 Pro and iPhone 13 Pro Max have declined by two days since last week to 16 and 14 days, respectively. Wait times in the U.K., Germany and France also declined to 14 days, while the wait dropped to 16 days in Japan.
The wait time for the Apple iPhone 13 Pro and iPhone 13 Pro Max is 18 days in China, with the wait time for the 13 Pro "in line with last year's model," while the wait times for the 13 Pro Max "have yet to drop to the degree we saw last year despite the high price point suggesting stronger demand," Vogt adds.
The analyst expects December quarter iPhone units to come in at 80 million units and fiscal 2022 iPhone units to be 230 million, compared to 82 million and 235 million, respectively.
Vogt has a $175 price target on Apple shares, which includes $14 a share on Apple's auto opportunity.
On Tuesday, Taiwanese research firm TrendForce said Apple will unveil the third-generation of its iPhone SE in the first quarter of 2022.
Apple shares up 1.65% to $168.03 in early Wednesday trading.
Analyst David Vogt notes that wait times - while still "elevated" - for the iPhone 13 Pro and iPhone 13 Pro Max have declined by two days since last week to 16 and 14 days, respectively. Wait times in the U.K., Germany and France also declined to 14 days, while the wait dropped to 16 days in Japan.
The wait time for the Apple iPhone 13 Pro and iPhone 13 Pro Max is 18 days in China, with the wait time for the 13 Pro "in line with last year's model," while the wait times for the 13 Pro Max "have yet to drop to the degree we saw last year despite the high price point suggesting stronger demand," Vogt adds.
The analyst expects December quarter iPhone units to come in at 80 million units and fiscal 2022 iPhone units to be 230 million, compared to 82 million and 235 million, respectively.
Vogt has a $175 price target on Apple shares, which includes $14 a share on Apple's auto opportunity.
On Tuesday, Taiwanese research firm TrendForce said Apple will unveil the third-generation of its iPhone SE in the first quarter of 2022.
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