Broadcom slips even as company reaffirms 2024 sales outlook (NASDAQ:AVGO) – Seeking Alpha
G0d4ather Broadcom (NASDAQ:AVGO) share 2.9% drop Shares rose in after-hours trading Thursday after the semiconductor giant gave a weaker-than-expected fiscal year 2024 sales outlook. Turning to the fiscal year, Broadcom reaffirmed its previous revenue guidance of $50 billion, which was lower than the $50.2 billion that analysts had expected.Also The company reaffirmed its previous guidance […]
Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge
SATORI Fund Senior Portfolio Manager Dan Niles discusses Apple’s outlook for 2024 on The Claman Countdown. Apple’s iPhone sales in China are off to a tough start this year, with sales down 24% from a year ago in the first six weeks, according to a new report from research firm Counterpoint. Analysts said the decline […]
Apple iPhone Sales in China Crash 24% Despite Tim Cook’s Sweetheart Deal with Communists
Apple is no longer China’s best-selling smartphone maker. The tech giant has lost its top spot and now lags behind Chinese companies Vivo, Huawei, and Honor. This is especially bad for Tim Cook, who signed a secret $275 billion agreement with the Communist government to “cooperate and grow with Chinese companies to achieve mutual benefits […]
Apple iPhone sales slump 24% in China, fanning fears of a slowdown
Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024 as the company faces increasing competition from domestic rivals such as Huawei, according to research firm Counterpoint. Huawei, the tech giant’s biggest competitor for premium smartphones in China, saw unit sales increase by 64% in the same period, the report […]
UK new car sales reach highest February figure in 20 years | Automotive industry
British new car sales soared to the highest in February in 20 years, boosted by businesses buying electric vehicles for their own fleets, despite a decline in private EV adoption. According to the Society of Motor Manufacturers and Traders (SMMT), the number of new car registrations last month rose 14% from the previous year to […]
Target’s earnings surge despite holiday sales dip, sees sales recovery in 2024
Stacey Widlitz, founder of SW Retail Advisors, talks about Macy’s 150 store closures and shares her top retail picks on “The Claman Countdown.” Target on Tuesday reported an increase in holiday quarter profit despite a weaker-than-expected sales decline, forecasting that full-year comparable sales would significantly beat Wall Street expectations, and the market The company’s stock […]
Ford sales jumped in February, led by gains in hybrids and EVs
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss Ford’s decision to offer free Tesla Superchargers to EV owners through July. ford motor announced Monday that its U.S. sales rose 10.5% in February due to strong sales of electric vehicles (EVs) and hybrid vehicles. Sales of Ford’s hybrid vehicles have increased by 36.7% […]
Bud Light’s Dylan Mulvaney fiasco spurred sales hit of more than $1B last year
Bud Light’s parent company, Anheuser-Busch InBev, may have lost more than $1 billion in sales due to an ill-fated ad featuring transgender influencer Dylan Mulvaney. In North America, organic revenue, considered the best measure of business performance, plummeted to a staggering $1.4 billion in 2023 “primarily due to lower Bud Light volumes,” the company said. […]
Pennsylvania court drops injunction against Amish farmer over raw milk sales
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Conservatives rally behind Pennsylvania Amish farmer who suffered police raid over milk sales
Republican lawmakers are rallying on social media in support of an Amish farmer in Pennsylvania who was raided by police last month for selling milk in violation of government regulations. Amos Miller claims that it sells its products only to “private member associations,” not to the public, and is exempt from government regulation. But the […]