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Premium Smartphone Sales Hit Record as Apple and Samsung Dominate
Premium phones priced above $600 reached a record 29% of global unit sales in H1 2026, with Apple and Samsung controlling 84% of the segment, according to Counterpoint.
Fidelity Bitcoin Fund Inflows Hit $116.5M, But BlackRock Dominates
Fidelity's FBTC attracted $116.5M in weekly inflows, yet BlackRock's IBIT dominated with 80% of category flows. Unverified ether transfers cloud demand signals.
Student Loan Forgiveness: Servicing Fees in Focus as $11B Relief Advances
The $11 billion student loan forgiveness plan raises questions about servicing fees. Nelnet (NNI) and Maximus (MMS) face margin pressure as they handle the discharges.
SpaceX Stock Rebounds 23% Post-Lockup, Testing Cramer's Century Prediction
SpaceX shares recovered 23% last week after a turbulent lockup period, closing near its IPO price. Q2 revenue surged 92%, but capital spending remains a concern.
Citi Preferred Stock Premium and Redemption Risks Analyzed
Citigroup Capital XIII (C-N) trades at $26.42, above its $25 redemption value. Investors face a 6.5-month payback period, but the preferred's floating rate and upcoming redemption add risk.
Ahold Delhaize Faces Market Test After Hannaford Salmonella Recall
Ahold Delhaize (ADRNY) faces its first market reaction Monday after Hannaford recalled six deli and produce items tied to a salmonella outbreak that has sickened 345 people across 27 states.
Fraser and Neave's Q3 2026: Revenue Dips, Margins Improve
Fraser and Neave (SGX:F99) saw Q3 2026 revenue fall to SGD528.7m, yet net income climbed to SGD48.8m, boosting profit margins to 6.9%.
Amphenol's $1.9B Order Backlog Bolsters Case for Stock Split
Amphenol's 2-for-1 stock split takes effect next month, supported by a $1.9B order backlog and robust Q2 growth. The stock trades at 42x earnings, leaving little room for error.
Palo Alto Networks Shares Surge 10% on Strong Organic Growth Metrics
Palo Alto Networks (PANW) shares rallied 9.65% this week to $363.86, buoyed by strong organic growth metrics and upbeat Q4 guidance, even as China launched a cybersecurity review.
Bradesco Shares Slip Below Rights Price as Credit Costs Weigh
Banco Bradesco's preferred shares closed below its capital raise subscription price, as rising credit provisions overshadowed strong profit growth. Rights may be exercised until Sept 4.