Xiaomi’s profit drops 43% Xiaomi Corp.’s adjusted net profit fell 43.1% in the first quarter, missing analysts’ expectations as surging memory-chip costs, weaker smartphone shipments and slower electric-vehicle deliveries weighed on the Hong Kong-listed company. Revenue fell 10.9% from a year earlier to 99.14 billion yuan ($14.6 billion), below the LSEG consensus estimate of 103.4 billion yuan. Ad...
Xiaomi’s profit drops 43% Xiaomi Corp.’s adjusted net profit fell 43.1% in the first quarter, missing analysts’ expectations as surging memory-chip costs, weaker smartphone shipments and slower electric-vehicle deliveries weighed on the Hong Kong-listed company. Revenue fell 10.9% from a year earlier to 99.14 billion yuan ($14.6 billion), below the LSEG consensus estimate of 103.4 billion yuan. Adjusted net profit came in at 6.07 billion yuan, short of the 6.4 billion yuan forecast. Smartphone revenue, which accounts for nearly half of total sales, fell 12.5% to 44.3 billion yuan. President Lu Weibing said Xiaomi had deliberately reduced inventory of low- and mid-end devices in distribution channels. Auto revenue totaled 19 billion yuan in the quarter. The average selling price fell to 235,000 yuan from 250,000 yuan in the fourth quarter, reflecting purchase-tax subsidies and lower-priced inventory clearance.
Amazon.com (NasdaqGS:AMZN) faces a class action lawsuit over how it handled tariff related price increases tied to now invalid IEEPA tariffs. Consumers claim Amazon collected higher prices linked to those tariffs but did not pursue available refunds, raising consumer protection and unjust enrichment allegations. The case could involve hundreds of millions of US dollars in potential consumer recove...
Amazon.com (NasdaqGS:AMZN) faces a class action lawsuit over how it handled tariff related price increases tied to now invalid IEEPA tariffs. Consumers claim Amazon collected higher prices linked to those tariffs but did not pursue available refunds, raising consumer protection and unjust enrichment allegations. The case could involve hundreds of millions of US dollars in potential consumer recoveries and focuses directly on Amazon's core retail operations and customer relationships. For a company built around e commerce scale and convenience, any legal challenge tied to pricing and refunds cuts close to the core of the business model. Amazon.com (NasdaqGS:AMZN) spans online retail, third party marketplace services, subscriptions and logistics, so questions about how tariff costs were handled resonate across a broad shopper base. This lawsuit also sits against a backdrop of continued regulatory and consumer attention on how large platforms treat end customers. If you follow AMZN, this case adds another layer of legal and operational risk to monitor alongside more familiar topics such as fulfillment costs, competition and cloud computing. Investors and regular Amazon shoppers may watch for court filings and any potential changes to refund practices or disclosures, since these could affect both brand perception and future legal exposure. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Amazon.com. NasdaqGS:AMZN 1-Year Stock Price Chart Advertisement Quick Assessment ✅ Price vs Analyst Target : At US$265.29, the stock trades about 15% below the US$312.63 analyst target. : At US$265.29, the stock trades about 15% below the US$312.63 analyst target. ✅ Simply Wall St Valuation : Shares are described as trading about 33.4% below estimated fair value. : Shares are described as trading about 33.4% below estimated fair value. ✅ Recent Momentum: The 30 day return is a modest gain of 0.5%. T...
The post Top Performing Pet Insurance Stocks by Goran Radanovic appeared first on Benzinga . Visit Benzinga to get more great content like this. Stay up to date on all pet insurance stocks with Benzinga Pro , your go-to stock market research platform with real-time news and actionable insights. Loving your pet means providing the best medical care for them. The last thing you want to experience is...
The post Top Performing Pet Insurance Stocks by Goran Radanovic appeared first on Benzinga . Visit Benzinga to get more great content like this. Stay up to date on all pet insurance stocks with Benzinga Pro , your go-to stock market research platform with real-time news and actionable insights. Loving your pet means providing the best medical care for them. The last thing you want to experience is a dire situation of not being able to nurture them back to health. The good news for animal owners is that pet insurance provides medical coverage. Several insurance companies have recognized the increasing demand for pet insurance and have offered it as a product. Symbol Company % Change Price Dividend Yield Invest LMND Lemonade + 0.45 % $57.62 N/A Buy stock TRUP Trupanion + 0 % $21.86 N/A Buy stock ALL Allstate + 0 % $212.82 4.32 / 0.02% Buy stock SYF Synchrony Financial + 0 % $71.90 1.2 / 0.02% Buy stock Table of contents [ Show ] Deep Dive 1. Lemonade Inc. (NYSE: LMND) Coverage Price 2. Trupanion Inc. (NASDAQ: TRUP) Coverage Price 3. Allstate Corp. (NYSE: ALL) Coverage Price 4. Synchrony Financial (NYSE: SYF) (Offered Through Pets Best) Coverage Price How Does Pet Insurance Work? How Much is the Pet Insurance Industry Growing? Are Insurance Stocks a Safe Investment? Frequently Asked Questions Pet Insurance Stocks Methodology Deep Dive Let’s take a closer look at the insurance stocks that provide pet insurance coverage. Symbol Company % Change Price Dividend Yield Invest LMND Lemonade + 0.45 % $57.62 N/A Buy stock TRUP Trupanion + 0 % $21.86 N/A Buy stock ALL Allstate + 0 % $212.82 4.32 / 0.02% Buy stock SYF Synchrony Financial + 0 % $71.90 1.2 / 0.02% Buy stock 1. Lemonade Inc. (NYSE: LMND) Lemonade (NYSE:LMND) 57.620 0.26 [0.45%] Buy Sell Trade Now Compare Brokers Day’s Range – 52 Week Range 29.5001 – 99.9 Open Shares 76.82M Vol / Avg. 1.39K/1.85M Mkt Cap 4.43B Outstanding 76.82M Div / Yield /0% Payout Ratio 0.000 Total Float 70.19M Lemonade Inc. specializes in renter...
As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern wil...
As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern will only add to pressures into 2027. The hit to US household finances from higher grocery bills is set to intensify just ahead of the November midterm elections, amplifying affordability as a defining issue . And to a greater extent than the surge in gas prices, the slower-moving food shock will be difficult to reverse quickly because the size of autumn harvests is determined by planting decisions made in the spring. “It’s going to be a challenging year,” said Ricky Volpe , an agribusiness professor at California Polytechnic State University who previously worked at the US Department of Agriculture’s Economic Research Service. “Food is going to become less affordable, and consumers should be prepared for it.” The latest USDA food price outlook , published Friday, projected a 3.2% advance in grocery prices this year, while Volpe said he expects inflation more on the order of 4% to 4.5%. James Giese of Madison, Wisconsin said he lives on his own but is making adjustments with rising grocery prices like cutting back on prepared foods and meat. Giese, 62, is even trying to grow potatoes in his backyard to supplement his food budget. “I’m very concerned,” he said. “I’m probably considered middle-income, but it’s starting to pinch.” Outsize price increases so far in 2026 have reflected a mix of bad luck, trade policy and slower-moving pressures linked to climate change. The weather in particular has not been kind to American farmers, who have endured outbursts of record-breaking heat, historic cold, ping-pong size hail and wildfires. The US saw its warmest-ever start to the year, w...
Key Points Although worrisome while they’re happening, such setbacks are actually pretty common. They’re also typically not devastating. Professional and amateur investors alike feel that any correction right now won’t be the beginning of a recession-driven, full-blown bear market. These 10 stocks could mint the next wave of millionaires › The market is setting new record highs right now. It's up ...
Key Points Although worrisome while they’re happening, such setbacks are actually pretty common. They’re also typically not devastating. Professional and amateur investors alike feel that any correction right now won’t be the beginning of a recession-driven, full-blown bear market. These 10 stocks could mint the next wave of millionaires › The market is setting new record highs right now. It's up 18% from its late-March low and 47% above last April's bottom. For some, it's creating a feeling like the market is overdue for a correction (even if only minor). That's especially true given many stocks' steep valuations at this time. What should investors do here? Well, doing nothing is a perfectly viable option. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Past corrections by the numbers OK, most investors will want to do the obvious things like taking profits on their more ... "adventurous" trades that they never actually saw as long-term positions. For any stocks you bought as true "forever" holdings, however, your best course of action is arguably just riding out any potential storm. Researchers with brokerage firm Edward Jones crunched the numbers. Since 1970, the S&P 500 (SNPINDEX: ^GSPC) has suffered 19 corrections of 10% or more without surpassing the bear market threshold of a 20% setback. The average decline lasted 4.3 months, and from peak to trough, the index fell 14.7%. In other words, assuming any correction made in the immediate future doesn't evolve into a full-blown, recession-driven bear market (and the market's saying there's less than a 30% chance of that right now), this relatively common market action will be over pretty quickly with a minimal amount of misery. It's what happens once it's over, however, that will likely inspire you to simply sit tight. Edward Jones goes on to sa...
The market is setting new record highs right now. It's up 18% from its late-March low and 47% above last April's bottom. For some, it's creating a feeling like the market is overdue for a correction (even if only minor). That's especially true given many stocks' steep valuations at this time. What should investors do here? Well, doing nothing is a perfectly viable option. Past corrections by the n...
The market is setting new record highs right now. It's up 18% from its late-March low and 47% above last April's bottom. For some, it's creating a feeling like the market is overdue for a correction (even if only minor). That's especially true given many stocks' steep valuations at this time. What should investors do here? Well, doing nothing is a perfectly viable option. Past corrections by the numbers OK, most investors will want to do the obvious things like taking profits on their more ... "adventurous" trades that they never actually saw as long-term positions. For any stocks you bought as true "forever" holdings, however, your best course of action is arguably just riding out any potential storm. Researchers with brokerage firm Edward Jones crunched the numbers. Since 1970, the S&P 500 (^GSPC +0.61%) has suffered 19 corrections of 10% or more without surpassing the bear market threshold of a 20% setback. The average decline lasted 4.3 months, and from peak to trough, the index fell 14.7%. In other words, assuming any correction made in the immediate future doesn't evolve into a full-blown, recession-driven bear market (and the market's saying there's less than a 30% chance of that right now), this relatively common market action will be over pretty quickly with a minimal amount of misery. It's what happens once it's over, however, that will likely inspire you to simply sit tight. Edward Jones goes on to say it only takes an average of less than four months to reclaim what was lost during the correction. And the broker's data points out that the average market gain six months after the correction's bottom is an impressive 18.4%. For most investors, it's best to keep it simple As tempting as it may be to attempt to sidestep the setback and jump in near the bottom, that's probably the wrong strategy for most investors. The fact is, the market's peaks and troughs are impossible to pick with any real precision. Trying to do so often does more harm than good.
Stocks might have finished the first quarter (Q1) on a low note thanks to the military conflict with Iran. Anyone counting on that weakness to persist into Q2, however, was sorely mistaken. Down 5% for the year as of the end of March, the S&P 500 (^GSPC +0.61%) is now up more than 9% since the end of 2025. Earnings did a great deal of the work, of course. Numbers from FactSet indicate 84% of the S...
Stocks might have finished the first quarter (Q1) on a low note thanks to the military conflict with Iran. Anyone counting on that weakness to persist into Q2, however, was sorely mistaken. Down 5% for the year as of the end of March, the S&P 500 (^GSPC +0.61%) is now up more than 9% since the end of 2025. Earnings did a great deal of the work, of course. Numbers from FactSet indicate 84% of the S&P 500's constituents topped Q1 analyst earnings estimates. In fact, Q1's earnings growth of more than 28% is the fastest year-over-year growth since the final quarter of 2021 when comparisons were made to the worst part of the COVID-19 pandemic. Thank technology companies like Meta and Alphabet (GOOG +1.44%) (GOOGL +1.52%), which made the biggest contribution to the improvement. That said, energy companies and their stocks have benefited from oil's soaring prices as well. The question is, can this bullishness last? For that matter, does it deserve to? Maybe. However, investors would be wise to exercise a bit of caution here. Not the best way of doing things Don't misread the message. The stock market isn't doomed. There's more risk than there seems to be on the surface though. But first things first. Although Q2 and the year's overall market gains so far are impressive, they're also poorly balanced. Although energy stocks have technically outperformed everything else (technology names like Nvidia (NVDA 0.38%), Apple, Alphabet, and Microsoft (MSFT 0.61%) collectively account for roughly a third of the S&P 500's total value), their 20% year-to-date gain is responsible for most of the overall market's strength since the end of last year. For perspective, the tech-heavy "Magnificent Seven's" average Q1 profit growth was an incredible 63% versus an average of only 17% for the S&P 500's other 493 stocks. It's not necessarily a recipe for disaster. As poorly balanced as the broad market's performance may be, the overall numbers are still... the overall numbers. Largely driven by ...
Amdocs press release ( DOX ): Q2 GAAP EPS of $1.28 misses by $0.17 . Revenue of $1.17B (+3.5% Y/Y) in-line. Cash and Cash Equivalents. Cash, cash equivalents, totaled $214.5 million as of March 31, 2026, compared to $325.0 million as of September 30, 2025. Free cash flow for the six months ended March 31, 2026 was $268.3 million and is calculated as net cash provided by operating activities of $32...
Amdocs press release ( DOX ): Q2 GAAP EPS of $1.28 misses by $0.17 . Revenue of $1.17B (+3.5% Y/Y) in-line. Cash and Cash Equivalents. Cash, cash equivalents, totaled $214.5 million as of March 31, 2026, compared to $325.0 million as of September 30, 2025. Free cash flow for the six months ended March 31, 2026 was $268.3 million and is calculated as net cash provided by operating activities of $321.8 million for the period less $53.5 million for capital expenditures, net, and is after restructuring payments of approximately $66 million. More on Amdocs Amdocs Limited 2026 Q2 - Results - Earnings Call Presentation Amdocs Limited (DOX) Q2 2026 Earnings Call Transcript Amdocs Shows Strong Cash Flow At A Cheap Price Amdocs Q2 2026 Earnings Preview Seeking Alpha’s Quant Rating on Amdocs
The Magnificent 7 tech cohort is fracturing, with Wall Street increasingly separating the companies monetizing artificial intelligence (AI) from those riding pure market hype. The Cash Flow Litmus Test In a conversation with Phil Ronsen, the chief market strategist at HB Wealth, Gina Martin Adams stated that the uniform dominance of mega-cap tech is fading as investors aggressively scrutinize corp...
The Magnificent 7 tech cohort is fracturing, with Wall Street increasingly separating the companies monetizing artificial intelligence (AI) from those riding pure market hype. The Cash Flow Litmus Test In a conversation with Phil Ronsen, the chief market strategist at HB Wealth, Gina Martin Adams stated that the uniform dominance of mega-cap tech is fading as investors aggressively scrutinize corporate balance sheets. Free cash flow yields for the majority of the group have been steadily sliding for two years, forcing a critical reassessment of stock multiples. Investors are demanding proof that massive capital investments will translate directly to bottom-line growth. “Now the market is starting to rationalize and say, well, how much are you spending? And are you actually going to get a return on that investment that is worth the expenditure up front?” Healthy Market Breakdown Although a divided market often causes panic, Martin Adams argues that this shift safely spreads out risk. “I think that’s actually healthy. If all of these stocks were falling at once, it would be incredibly difficult for the market to overcome that,” she explained. Instead of a blanket tech crash, capital is organically migrating toward sustainable earners. Adams concluded, “Not everybody wins. This is not a situation where every company gets a trophy for participation.” Here’s how the Magnificent 7 stocks have performed. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock
Nvidia (NVDA) AI server provider Baseten is in discussions with investors to secure $1 billion at an Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Nvidia (NVDA) AI server provider Baseten is in discussions with investors to secure $1 billion at an Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
McGinn Penninger Investment Management Inc. reduced its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 51.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,806 shares of the chip maker's stock after selling 49,720 shares during the quarter. Intel accounts for about 1.0% of McGinn Penn...
McGinn Penninger Investment Management Inc. reduced its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 51.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,806 shares of the chip maker's stock after selling 49,720 shares during the quarter. Intel accounts for about 1.0% of McGinn Penninger Investment Management Inc.'s investment portfolio, making the stock its 25th largest holding. McGinn Penninger Investment Management Inc.'s holdings in Intel were worth $1,764,000 as of its most recent filing with the Securities and Exchange Commission. Get Intel alerts: Sign Up Several other institutional investors and hedge funds also recently made changes to their positions in INTC. Legacy Bridge LLC purchased a new position in shares of Intel during the 4th quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel during the 4th quarter valued at approximately $29,000. Provenance Wealth Advisors LLC boosted its stake in shares of Intel by 89.2% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock valued at $32,000 after buying an additional 446 shares during the last quarter. Strengthening Families & Communities LLC purchased a new position in shares of Intel during the 3rd quarter valued at approximately $33,000. Finally, HighMark Wealth Management LLC boosted its stake in shares of Intel by 177.7% during the 4th quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker's stock valued at $33,000 after buying an additional 567 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors. Intel Stock Performance Shares of INTC opened at $123.52 on Wednesday. The business's fifty day moving average price is $77.49 and its 200 day moving average price is $54.73. Intel Corporation has ...