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Deutsche Bank has issued a Buy rating for Tesla, Inc., which specializes in designing, building, and selling electric vehicles. The company's net sales are primarily derived from automotive vehicle sales (74.2%), with additional revenue from services (10.8%), energy systems (10.3%), automotive credits (2.8%), and leasing (1.9%). By the end of 2024, Tesla operates eight manufacturing sites across the U.S., China, and Germany, with net sales distributed as follows: 48.9% in the U.S., 21.4% in China, and 29.7% in other regions.
Huawei is set to report 2024 earnings of $118 billion, marking its highest revenue since 2020, driven by increased smartphone and AI server sales. Despite ongoing Western sanctions and efforts to remove its technology from communication networks, the company has successfully tapped into alternative markets, particularly in China. Meanwhile, an EU corruption scandal involving lobbying efforts to ease restrictions on Huawei's access to 5G networks is under investigation.
Barclays has revised its growth forecast for Danone, lowering its organic sales growth prediction from 4.4% to 3.7% for Q1 2025 due to weak US coffee creamer sales. However, the company is expected to see a 10% rise in earnings per share, driven by strong infant formula sales in China and improved operational efficiencies. Danone's global diversification strategy is positioned to mitigate regional challenges, highlighting its resilience and potential for attractive returns.
Ant Group has divested its stakes in Orbbec and Youon, generating over $106 million from the sales while retaining a 10% stake in Orbbec. The funds will be redirected towards emerging technologies, particularly AI and semiconductor startups, as the company seeks to enhance its strategic investments.
Hermès International, a leader in luxury goods, reports that leather goods and saddlery account for 41.3% of sales, followed by clothing and accessories at 28.9%. The company operates 294 stores globally, with significant sales in Asia-Pacific (46.7%) and the Americas (18.6%).
UBS remains bullish on equities, asserting that while a speculative bubble is not dead, conditions for it are present. They predict no long-term recession, citing historical bear markets and targeting modest upside potential for major indices by year-end. Key conditions for a bubble include high P/E ratios and bond yields, which are not currently met.
Japan's GDP per capita is projected to plummet from 29th to 45th globally by 2075, with real GDP expected to grow to $4.4 trillion but drop its global ranking from fourth to 11th. Contributing factors include a declining population, low fertility rates, and limited benefits from AI advancements, necessitating urgent labor reforms to boost productivity. Meanwhile, emerging markets like India are set to rise significantly, with BRICS nations projected to surpass the US in total GDP by 2075.
Huawei is set to report a record revenue of 860 billion yuan ($118 billion) for 2024, nearing its 2020 peak, after selling 45 million smartphones, a 25% increase from the previous year. The company has successfully navigated US sanctions by diversifying into new industries, developing its own technology, and expanding in the automotive sector, particularly in autonomous driving. With its proprietary HarmonyOS now on over a billion devices, Huawei is positioning itself as a leader in both consumer electronics and electric vehicle technology.
Novo Nordisk A/S focuses on the design, manufacture, and marketing of pharmaceutical products, with 93.6% of sales from diabetes and obesity treatments and 6.4% from rare disease therapies. Geographically, 57.6% of sales come from the United States, followed by Europe-Middle East-Africa at 20.8%, and other regions contributing the remainder.
Huawei is poised to announce a revenue of 860 billion yuan ($118 billion) for 2024, signaling a potential victory over US sanctions as its smartphone sales surged by 25% year-on-year, reaching 45 million units. The company has also made strides in smart driving solutions and chip development, collaborating with global automakers like Nissan and BMW. Despite ongoing restrictions, Huawei's self-developed products and operating system, HarmonyOS, are gaining traction, positioning the firm for growth in the competitive tech landscape.
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Deutsche Bank issues Buy rating for Tesla amid strong sales growth
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17:03 28.03.2025
huawei reports strong earnings recovery amid ongoing western sanctions
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Danone faces US coffee challenges but thrives in China's infant formula market
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Ant Group divests stakes in Orbbec and Youon to invest in AI technology
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Hermès International reports strong luxury goods sales and global store expansion
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ubs maintains bullish outlook despite bubble concerns and bear market history
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japan's economic decline projected by 2075 amid population challenges and reforms
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10:32 28.03.2025
huawei reports record revenue after significant smartphone sales growth in 2024
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novo nordisk reports strong sales in diabetes and obesity treatments
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Huawei reports revenue growth amid US sanctions and smartphone success
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