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Macroeconomic AnalysisThe Aging World Means a Graying Workforce
We’re in a rapidly aging world. According to the United Nations World Population Prospects report, the median age of the world is estimated to grow from 29 years in 2010 to 36 years by 2050. Company & Industry OverviewsLow-entry barriers intensify competition in airline industry
Short-term outlook above expectations The IATA (International Air Transport Association) has revised its forecast upwards on global airline profitability after the free fall of crude oil prices in the second half of 2014. Global net profit for 2014 is now estimated at $19.9 billion, higher than $18 billion projected in June. Profitability is expected to […] ConsumerJapan’s GDP back to peak levels: Auto sales and Toyota benefit
This article considers the prospects for further real GDP growth acceleration and the implications for Japanese exporters like Toyota. FinancialsChina’s manufacturing wages: Why 2012 was a banner year for Baidu
The sharp rise in wages in China prompted some fairly aggressive forward-looking estimates regarding China’s wages in manufacturing and its ability to compete as a low-cost manufacturer in the future. FinancialsChina’s manufacturing wages rise to $7,000 per year: Baidu benefits
This article considers the growing wage level in China and its effect on Baidu and other Asian equities. ConsumerWhat Led to Under Armour’s Massive International Growth in 1Q16?
Under Armour’s (UA) international sales grew 55.6% to almost $150 million in 1Q16. Sales growth in overseas markets came in at 64.6% in currency-neutral terms. Company & Industry OverviewsA Look at Expected Growth for the Apple Watch in 2018
Analysts expect Apple Watch Series 3 shipments to rise 20.0% year-over-year in 2018 to 23 million–25 million units. Company & Industry OverviewsChina’s Auto Market Slowdown Deepens—Ford, GM Reel
China, the world’s largest auto market, is faltering like never before. September was the 15th month of annual car sales decline for the company. ConsumerThree Tech Stocks to Buy for 2020
Tech stocks have been massive wealth creators over the years. For 2020, you should look to Amazon, Alibaba, and Autodesk. Here’s why. Earnings ReportEricsson and Huawei Still Lead Evolved Packet Core Market
According to research firm Dell’Oro Group, Ericsson (ERIC) is the leader in the global evolved packet core (or EPC) market. ConsumerUS Economy: Is It as ‘Great’ as Trump’s Touting?
On multiple occasions, Trump has said the US economy is doing phenomenally well, calling it “the greatest economy in the HISTORY of America.” Macroeconomic AnalysisIs the Chinese Economy Crumbling? Trump’s Advisor Says So
President Trump’s economic advisor, Larry Kudlow, said in an interview with CNBC today that the Chinese economy is “crumbling.” Company & Industry OverviewsA Look at Fitbit’s Estimated Revenue and Earnings Growth in 2019
The entry of Apple, Xiaomi, Huawei, and Samsung into the wearables space has drastically reduced Fitbit’s market share. Company & Industry OverviewsWho’s Eating Up the iPhone’s Market Share in China?
According to the IDC report, Apple’s smartphone market share fell to 11.5% in the quarter that ended in December 2018. Company & Industry OverviewsReduced Cloud Spending Slows Intel’s Data Center Revenue Growth
PC continues to be Intel’s biggest business, but its most important business is its DCG (Data Center Group), which has been driving its revenue growth. Company & Industry OverviewsEricsson Is Banking on 5G for Revenue Growth
Ericsson (ERIC) claims that the global 5G market is experiencing strong momentum. Company & Industry OverviewsWhat Factors Influenced Qualcomm’s 2018 Revenue?
In the fourth quarter of fiscal 2018, Qualcomm’s revenue fell 3.3% YoY (year-over-year) but rose 3.6% sequentially to $5.8 billion. Company & Industry OverviewsAlibaba Foresees Tempered Revenue Growth amid US-China Worries
Alibaba reported soft revenues in the second quarter of fiscal 2019, as the e-commerce giant is struggling to gain momentum amid the growing tensions between the US and China. Company & Industry OverviewsA Look at Qualcomm’s Strategy to Grow Its Non-Apple Business
On Qualcomm’s fiscal 2018 fourth-quarter earnings call, CFO George Davis stated that the handset market has weakened over the last year. Earnings ReportWhat Are Activision Blizzard’s Key Revenue Growth Drivers?
Activision Blizzard’s (ATVI) Call of Duty, World of Warcraft, and Candy Crush continue to be major drivers of its revenue growth. Macroeconomic AnalysisIs China the Land of the Setting Sun?
China’s major indices are still down 25-30% this year alone. Macroeconomic AnalysisCold War 2.0: Why It Looks Like a Real Possibility
The trade war is expected to be a long-term affair, according to several observers including Alibaba’s (BABA) Jack Ma. Energy & UtilitiesChina’s June Data Impact the Crude Tanker Industry
China (FXI) released its key economic data for June—import and export data, auto sales data, and the manufacturing index. Earnings ReportBlackBerry’s Performance Highlights in Fiscal 2018
Due to BlackBerry’s business transition, its revenue fell from $2.2 billion in fiscal 2016 to $1.4 billion in fiscal 2017 and $967 million in fiscal 2018. Company & Industry OverviewsWhy Activision Blizzard Aims to Target the Battle Royale Gaming Segment
In March, the stock prices of gaming companies Activision Blizzard (ATVI), Take-Two Interactive (TTWO), and Electronic Arts (EA) fell, driven by concerns over the tremendous success of Epic Games’ Fortnite. Energy & UtilitiesChina’s April Trade Data and the Crude Oil Tanker Industry
China, which has the second-largest economy in the world, has a significant impact on the crude tanker industry. Macroeconomic AnalysisWhat Are the Implications of Iran Nuclear Deal Exit?
In this series, we’ll analyze how the US exit from the Iran deal has affected markets and how recent developments could affect oil prices and volatility. Company & Industry OverviewsWhat Are Ericsson’s Target Segments to Drive Future Revenue?
Ericsson (ERIC) believes the global telecommunications industry is a key driver of economic growth and innovation. Company & Industry OverviewsA Look at Electronic Arts’ Huge Player Base across Verticals
EA’s FIFA franchise remains one of the leading games worldwide. It has approximately 42 million players on console platforms PlayStation (SNE) and Xbox (MSFT). Company & Industry OverviewsWhat Is Ericsson’s View on 5G Subscriptions?
Telecom gear maker Ericsson (ERIC) predicts that ~1.0 billion subscribers could have access to 5G mobile networks by 2023. ConsumerKimberly-Clark: Segment Performances in 4Q17
Kimberly-Clark’s (KMB) Personal Care segment returned to growth in 4Q17. The segment’s top line increased 1.2% to $2.3 billion. Real InsightsThings to Know Before You Buy Bitcoin
The sharp rise and fall in the price of bitcoin are mainly because ownership of the currency is heavily concentrated in just a few hands. Macroeconomic AnalysisChina’s Services PMI Rose: Is the Economy Back on Track?
China’s final Markit services PMI stood at 53.9 in December compared to 51.9 in November 2017. It beat the preliminary market estimation of 51.8. Energy & UtilitiesChina’s December Trade Data Impact the Crude Tanker Industry
China (FXI) released key economic data for December 2017—import and export data, auto sales data, and the manufacturing index. Company & Industry OverviewsWhy Did Micron Sue Chinese Companies over DRAM Technology?
The DRAM market is dominated by three suppliers—Samsung (SSNLF), SK Hynix, and Micron Technologies—commanding more than 90% of the market share. FinancialsWhy Is US Debt So High?
Most countries tend to issue debt to fund their deficits and keep paying interest on these borrowings. These revenues are generated through taxes from companies and individuals. Macroeconomic AnalysisHow Japan’s Services PMI Trended in December 2017
According to a report provided by Markit Economics, Japan’s services PMI (EWJ) (DXJ) remained weaker in December 2017. Macroeconomic AnalysisWhat Could Happen If China Wants Its Money Back?
If the Chinese government decides to sell its US debt (GOVT) holdings, it could lead to another possible global financial crisis. Macroeconomic AnalysisThe US Bond Market and the Big Scare from China
On January 10, 2018, Bloomberg News broke a story that the Chinese government could be planning to slow down its purchases of US government debt (GOVT). Macroeconomic AnalysisGermany’s Manufacturing Activity Reaches a Multidecade High
Germany’s manufacturing activity in December According to Markit Economics, Germany’s manufacturing PMI (purchasing managers’ index) showed a strong rise in December 2017, rising to 63.3 from 62.5 in November 2017. The index met the market estimate of 63.3, and marked the strongest expansion in German manufacturing activity since 1995. Germany’s strong manufacturing performance in December 2017 was […] Macroeconomic AnalysisWhy Japan’s Manufacturing Activity Improved in December 2017
Japan’s manufacturing activity in December Japan’s manufacturing PMI (purchasing managers’ index) improved in December 2017, rising to 54 from 53.6 in November 2017. Whereas the index was slightly below the preliminary market estimate of 54.2, it marked the strongest expansion in manufacturing activity since February 2014. The solid rise in Japan’s manufacturing PMI in December 2017 was mainly due […] Company & Industry OverviewsMattel’s Year-to-Date Sales by Brand
As you can see in the graph below, Mattel’s (MAT) sales declined across all its brands for the nine-month period that ended on September 30, 2017. Company & Industry OverviewsWhy Mattel’s Sales Could Keep Falling in the Near Term
Toy makers in the United States (SPY) are facing near-term disruptions affecting their top-line performance. Toys “R” US, one of the leading distribution partners for US toy companies, filed for bankruptcy. Macroeconomic AnalysisWhy Asian Markets Grabbed Investors’ Attention in 2017
Stock markets around the world rallied in 2017. Asian equities, in particular, grabbed investors’ attention in 2017, as they have been outperforming other markets. Macroeconomic AnalysisWhy China’s Retail Sales Strengthened in November 2017
On a year-over-year basis, China’s retail sales strengthened in November 2017, according to a report by the National Bureau of Statistics of China. Macroeconomic AnalysisKey Economic Indicators Released in the Past Week
In this series, we’ll analyze inflation for three key economies and look at retail sales in the United States and China. We’ll also look at some key economic sentiment indexes. Macroeconomic AnalysisWhy China’s Service Sector Activity Rose in November
China’s service sector in November According to data provided by Markit Economics, China’s service PMI (purchasing managers’ index) stood at 51.9 in November, compared with 51.2 in October 2017. It beat the preliminary market estimate of 51.5. China’s November service PMI updates are as follows: production output and volume improved new business orders improved employment in […] Macroeconomic AnalysisKey Economic Indicator Data Released Last Week
In this series, we’ll analyze major emerging nations’ manufacturing and service PMIs (purchasing managers’ indexes). Company & Industry OverviewsWestern Digital’s Brand Named in Gartner’s Magic Quadrant
In September 2017, Western Digital’s (WDC) brand HGST was named in Gartner’s Magic Quadrant for Distributed File Systems and Object Storage as a niche player. Real InsightsNew China Is All about Technology
One of the biggest trends in the global economy over the past two years is the reduction in manufacturing capacity in China (FXI) (MCHI).