Core Viewpoint - Rolls-Royce's share price has significantly declined, making it one of the worst performers in the FTSE 100 index, dropping from a high of 488p to 456p [1] Group 1: Stock Performance - Rolls-Royce's stock has experienced a pullback after Airbus provided a mixed financial estimate, indicating it will deliver about 770 new aircraft this year, which is lower than previous guidance [4] - The stock price has fallen by more than 25% from its highest point this year, reaching 133 euros, the lowest level since December last year [4] - Despite the recent decline, Rolls-Royce's stock has surged by over 1,300% from its lowest point in 2020 and has increased by more than 50% this year, outperforming most industrial companies [4] Group 2: Operational Challenges - Rolls-Royce is facing operational challenges, particularly with its engines for the A320neo planes being behind schedule, which could impact deliveries and financial performance [4] - The company has been affected by major supply chain issues post-Covid-19 pandemic, but it is making strong progress in improving onerous contracts [4] Group 3: Financial Outlook - Under the leadership of Tufan Erginbilgiç, Rolls-Royce aims to grow its operating profit from £1.6 billion last year to between £2.5 billion and £2.8 billion, with an expected operating margin of 13% to 15% in the mid-term [4] - Rolls-Royce primarily generates revenue from long-term contracts with airlines such as Etihad, Lufthansa, and Emirates, which may mitigate the impact of current challenges [4]

Core Insights - Amazon.com Inc is developing a new AI chatbot named "Metis" to compete with ChatGPT, overseen by CEO Andy Jassy [2] - The stock has seen a 25% increase from its year-to-date low, although it is currently down about 1% as investors assess the implications of the AI developments [1][3] - Analysts at Bank of America Securities have reiterated a "buy" rating on Amazon stock, anticipating a revenue boost from a paid version of Alexa [4] Group 1: AI Development - The "Metis" chatbot is expected to be more powerful than Amazon's existing Titan model, featuring advanced capabilities such as follow-up suggestions and image-based responses [2] - Metis is in an advanced stage of development and may launch as early as September [2] - The introduction of Metis aligns with Amazon's strategy to leverage AI as a significant growth driver [3] Group 2: Financial Implications - The planned paid version of Alexa could generate up to $600 million in additional revenue for Amazon [4] - This move is part of Amazon's long-term strategy to make Alexa profitable [4] - The company has committed to investing €10 billion and creating approximately 4,000 jobs in Germany, indicating a broader growth strategy [4]

Core Viewpoint - Meta Platforms is experiencing a nuanced year, facing criticism for lagging in the AI race but potentially changing its fortunes through discussions with Apple to integrate its generative AI model [2][4]. Group 1: Stock Performance - Meta's stock price is currently around $501.60, reflecting an increase of over 44% year-to-date, which is a gain exceeding all other Magnificent 7 stocks except Nvidia by more than 10% [5]. - The stock has appreciated by $305, close to 160%, which translates to a compound annual growth rate (CAGR) of approximately 21% over the past five years [7]. Group 2: Financial Metrics - Meta reported a significant increase in cash flow, nearly doubling to $12.53 billion, which positions the company favorably for future investments and growth opportunities [6]. - The company is projected to pay out $5.26 billion in dividends throughout 2024, indicating strong financial health [6]. Group 3: Future Projections - Analysts predict that Meta's stock price could reach between $900 and $1,000 by 2030, with some forecasts suggesting it could rise as high as $1,530, representing an increase of over 210% from its current price [4][7]. - The expected CAGR for Meta over the next 5 to 7 years is estimated to be between 10% and 15% [7]. Group 4: Historical Context - Meta has experienced significant volatility, with its stock price dropping from above $380 to under $100 between 2021 and 2022, followed by a robust rally in 2023, reaching an all-time high of over $525 in April [8]. - The stock has shown strong upward momentum, bouncing back after dips, indicating resilience in the face of market skepticism [8]. Group 5: Leadership Impact - The performance of founder-led companies, including Meta, is highlighted as a key factor in their success, with passionate leadership playing a crucial role in driving remarkable achievements [9].

Core Viewpoint - Riot Platforms withdrew its $2.30 per share offer to acquire Bitfarms, which was valued at approximately $950 million, but remains committed to pursuing a transaction contingent on changes to Bitfarms' board [1][2][3]. Group 1: Acquisition Dynamics - Bitfarms rejected Riot Platforms' acquisition proposal, prompting Riot to seek board changes as a prerequisite for further negotiations [2][3]. - Riot Platforms nominated three candidates for Bitfarms' board, indicating a strategy to gain influence within Bitfarms' governance structure [3]. - Riot holds a nearly 15% stake in Bitfarms, which it is leveraging to push for boardroom changes essential for advancing acquisition plans [3]. Group 2: Financial Performance - Bitfarms reported $50 million in revenue for Q1, reflecting a year-over-year increase of about 9.0%, with a gross mining margin of 59% [4]. - The Canadian tax authorities confirmed a $24 million VAT refund for Bitfarms, enhancing its financial flexibility for future growth initiatives [5].

The Target stock price is up almost 2%, or $2.75, following a couple of significant news announcements from the company today and on last Friday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The TGT share price closed at $143.38 on Friday June 21, and was up to $146.69 in pre-market trading today on June 24 at the time of this article going to press. New Shopify partnershipCopy link to sectionToday, the retail super-chain announced that it would be ...

Accenture Plc (NYSE: ACN) is in focus this morning after announcing plans of buying Fibermind – a network services company based out of Palermo, Italy. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The Irish professional services giant completed its acquisition of Parsionate as well on June 6th. Details of Accenture-Fibermind agreementCopy link to sectionAccenture Plc did not disclose what it’s willing to pay for Fibermind on Wednesday. Accenture di ...

Nasdaq Stockholm, Nasdaq Inc’s stock exchange in Sweden, has been fined 100 million Swedish kronor ($9.6 million) by the country’s financial watchdog, the Financial Supervisory Authority (Finansinspektionen), over deficiencies in monitoring insider trading violations.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The regulatory body found flaws in how Nasdaq Stockholm conducted its trade monitoring during significant company events in 2021 and 2022. ...

Accenture (NYSE: ACN) stock price has nosedived since March as investors focus on the upcoming earnings. It has dived by more than 26% from its highest point this year, meaning that it has moved into a deep bear market. Other IT consulting companies like Infosys and Wipro have also dived.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Accenture earnings aheadCopy link to sectionAccenture, one of the biggest consulting companies in the world, will be i ...

Core Viewpoint - Semiconductor stocks are currently at the forefront of financial discussions, particularly due to the focus on artificial intelligence, with several companies showing strong performance and growth potential in this sector [1]. Group 1: Nvidia Corp (NASDAQ: NVDA) - Nvidia is highlighted as a leading semiconductor stock, with shares nearly doubling since the start of 2024, and expectations for further growth [2]. - The company reported a revenue increase of over 300% to $22 billion in Q4, with projections of $24 billion for the current quarter, driven by AI demand [2]. - Analyst Blayne Curtis from Jefferies maintains a "buy" rating, predicting the stock could reach $1,200 per share [2]. Group 2: Qualcomm Inc (NASDAQ: QCOM) - Qualcomm's net income rose by 37% in the second quarter, making it a strong candidate for quick returns [3]. - The company provided guidance for the current quarter that exceeded market expectations and offers a dividend yield of 1.75% [4]. - Qualcomm ended its last fiscal year with over $11 billion in cash equivalents, ensuring the sustainability of its dividend payments [4]. - The stock has increased by more than 40% since the beginning of 2024 [4]. Group 3: Arm Holding PLC (NASDAQ: ARM) - Arm is recognized for its technology that powers nearly all smartphones globally, making it a valuable semiconductor stock [5]. - Shares are currently down approximately 25% from their year-to-date high in February, presenting a potential buying opportunity [5]. - The company reported a 47% annualized growth in Q4 revenue and anticipates launching its own AI chips in 2025 [5]. Group 4: Taiwan Semiconductor (NYSE: TSM) - Taiwan Semiconductor is noted for its critical role in the AI sector, with analysts stating that "all AI roads must go through" TSM [6]. - The company expects a revenue rebound of about 23% and a 19% increase in EPS for the year following a weaker 2023 [6]. - TSM reported a 60% year-over-year increase in sales for April, amounting to NT$236 billion [6]. - The stock also offers a dividend yield of 1.60% [6].

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This initiative marks a significant step forward in exploring the potential of blockchain in revolutionising banking transactions a ...