Hints and tips:
...We est. that Citi’s market value implies an ROTCE of only about 5-6%, or about half Citi’s target of 11-12% in 2025E-2026E. (c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Being confectionery does not have advantages....
...Apple’s stock fell less than 1 per cent after the headset was unveiled with its high price tag that was likely to make it unaffordable to many people....
...But today the average selling price of an iPhone is close to $1,000, and Apple’s top-end models go for $1,500....
...Amazon has no real presence in the region and Microsoft’s share of revenues from hardware is roughly 6 per cent....
...He notched up a remarkable $6,129 in personal pizza spending....
...The headline CPI number fell 0.1 per cent over the same period....
...Patrick McGee...
...Sales fell 1.6 per cent between May and June. France is mobilising businesses, households and government agencies to make radical cuts in energy use ahead of the potential loss of gas from Russia....
...Still, consensus estimates among analysts suggest Apple’s revenues are set to rise 6.5 per cent to $119bn in the last three months of 2021, a typically bumper time that covers the holiday period, with iPhone...
...In the same period that Apple’s market value has risen some $2.7tn, Microsoft has gained $2.1tn, Alphabet is up $1.6tn and Amazon has added $1.5tn....
...“The signals from Australia are not promising,” said Ed Collins, director at UK think-tank InfluenceMap....
...Gonzalez Rogers’ remedy would change this — a notable win even if it does not fully satisfy Epic....
...Such brokers were able to piece together which individuals stormed the US Capitol after hearing former president Donald Trump speak at the National Mall on January 6....
...The world’s most egalitarian continent does this best. Nowadays it even gives girls a chance. And so the EU, with 6 per cent of the planet’s population, has become football’s lone superpower....
...Renewable energy use in the EU generated 38 per cent of the bloc’s electricity in 2020, up from 34.6 per cent last year....
...Trading was volatile after-hours on Thursday, with the stock swinging down 6 per cent, mostly erasing a 6.8 per cent gain before the close....
...The new iPhone line-up is rounded out with two Pro models, one with a 6.1-inch display and a Pro Max model at 6.7 inches — the largest display yet for an iPhone....
...“How does Google, as a search engine, get better? It’s because everyone is programming it by asking it questions all the time ......
...Amazon does not break out details on the segment’s expenses. But the high-margin ads business contributed to the company’s strong bottom line in the quarter....
...“We believe $1.1 billion would be a fair price for the company, representing a 65.6% haircut from its previous post-money valuation of $3.2 billion,” he said in a note....
...Delhi's average annual concentration of PM2.5 was 84.1 micrograms per cubic metre of air, compared to 37.5 for Beijing, 20.9 for Seoul, 12.2 for Paris and 9.6 for London....
...Look out for the next instalments on Monday May 25 and Monday June 1....
...One caveat: over the past 12 months, retail sales were still down 6.1 per cent in May....
...The iPhone 11 Pro Max, the new flagship triple-lens camera device with a 6.5-inch screen, will start at $1,099, the same entry price as the company’s most expensive iPhone....
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