Apple Inc.
AAPL
$175.49
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Key Market Developments to Monitor in the Coming Week

Published by MEXEM EUROPE

July 26, 2024
(GMT+2)
As the landscape of the global economy continues to evolve, understanding the latest financial updates is more important than ever. Navigating the complex world of finance can be overwhelming, but keeping up-to-date with the significant market movements can empower investors and businesses to make informed decisions. In the following article, we delve into the top 5 vital financial trends and events that have the potential to shape the markets in the upcoming week. From stock market performances to executive moves, we've covered you with the essential news you need to know.


1. Arm Holdings: A Grand Debut and Stellar Performance

Arm Holdings {{ m-tag option="price" ticker="ARM" currency="USD" }} made a grand entrance into the NASDAQ (IPO 14/09/23), sparking speculation about its inclusion in major indices. The stock surged 25% on its first trading day, reaching a market valuation of $65 billion.

The company's stock closed at $60.75 with a pre-market value of $58.22, indicating a 4.16% decrease. With a revenue of $675 million and a net profit margin of 15.56%, Arm is well-positioned to capitalize on the growing demand for AI and IoT devices.



2. Apple: The iPhone 15 Phenomenon and Stock Resilience

Apple's stock {{ m-tag option="price" ticker="AAPL" currency="USD" }} has been on an upward trend, largely due to the overwhelming demand for its iPhone 15. The stock recently closed at $175.01, showing robust performance. Analysts predict that the demand is outpacing supply, signaling a strong quarter ahead.

The launch of iOS 17 further strengthens Apple's market position, making it a compelling option for investors looking for both stability and growth.

3. Qualcomm: The AI Powerhouse with Undervalued Stock

Qualcomm {{ m-tag option="price" ticker="QCOM" currency="USD" }} is emerging as a force in the AI sector. The company recently unveiled its new mid-range mobile processor, the Snapdragon 7s Gen 2. Qualcomm's stock was highlighted as one of the most undervalued AI stocks to buy in September 2023.

With a focus on innovation and a promising product pipeline, Qualcomm offers a compelling investment opportunity, especially given its recent stock performance showing significant upside potential.


4. Netflix: Monetizing Sharing for Exponential Growth and Stock Boost

Netflix's {{ m-tag option="price" ticker="NFLX" currency="USD" }} new paid sharing strategy is boosting its subscriber base and revenue, contributing to a stock price of $396.94. The feature has been expanded to over 100 countries, covering more than 80% of Netflix's revenue base.

With plans to roll out this feature globally, Netflix is poised for exponential growth, making its stock an attractive investment.

Learn more about Netflix's stock here

5. Societe Generale: A Strategic Pivot and Stock Resilience

Societe Generale {{ m-tag option="price" ticker="GLE.PA" currency="EUR" }} is undergoing a transformative phase, aiming for a return on tangible equity (ROTE) between 9% and 10% by 2026. Despite a recent dip in share prices, the long-term outlook for the bank remains positive.

The focus on sustainable growth and value creation makes Societe Generale a stock worth watching, especially for investors interested in long-term gains.

Conclusion:

This week offers a golden opportunity for investors to diversify their portfolios with stocks that offer growth, innovation, and stability. Each of these five companies—Arm Holdings, Apple, Qualcomm, Netflix, and Societe Generale—brings something unique to the table, making them must-watches for the discerning investor.


The information on mexem.com is for general informational purposes only. It should not be regarded as investment advice. Investing in stocks involves risk. A stock's past performance is not a reliable indicator of its future performance. Always consult a financial advisor or trusted sources before making any investment decisions.


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