Trending tickers: Apple, Reddit, JD Wetherspoon, Toyota and ARM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2024
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Source: Yahoo Finance
- Apple Unveils New AI-Focused iPad Pro: Apple introduced a new iPad Pro with the M4 chip, showcasing its commitment to integrating artificial intelligence into its devices.
- Reddit Reports Strong Earnings: Reddit's first-quarter earnings showed a 48% revenue increase, with ad revenue up by 39% and daily active users rising by 37%.
- Wetherspoon Sees Sales Growth: Pub chain JD Wetherspoon reported a 5.2% increase in like-for-like sales, driven by demand for Guinness and recovering ale sales.
- Toyota's Record Profit: Toyota achieved a record annual net profit of over £25.5bn but anticipates a drop in income due to production adjustments following a safety scandal.
- ARM Holdings Earnings Announcement: ARM Holdings is set to reveal its Q4 fiscal 2024 results, with its stock performance being closely watched for insights into the semiconductor industry.
Analyst Views on TM
About TM
Toyota Motor Corp is a Japan-based company mainly engaged in the automotive business, as well as financial services and other businesses. It operates through three business segments. The Automotive segment designs, manufactures, and sells automobiles, including sedans, minivans, compact cars, sport utility vehicles (SUVs), and trucks, as well as related parts and accessories. The Financial Services segment provides financing and vehicle leasing services to complement the sales of automobiles and other products manufactured by itself and its affiliates. The Other segment engages in information and communications services. It also oversees manufacturing and sales companies, conducts public relations and research activities, oversees financial companies, and develops various mobility products, primarily software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
