In today’s briefing:
- Last Week in Event SPACE: Fast Retailing, Sigma, Takeda Pharmaceutical, WH Group
- Tesla’s Growth Story Facing Challenges Amidst Optimism for AI and Autonomy?
Last Week in Event SPACE: Fast Retailing, Sigma, Takeda Pharmaceutical, WH Group
- It was confirmed on Friday afternoon Fast Retailing (9983 JP) was a single cap move, NOT a double-capping in a single Review. That limits the sell down.
- Chemist Warehouse’s reverse buyout of pharmacy wholesaler Sigma Healthcare (SIG AU) is now all-but complete.
- Takeda Pharmaceutical (4502 JP) announced decent results, decently upgraded guidance in both IFRS/GAAP terms and in Core/Adjusted terms (less impressive uplift in Adjusted/Analysed terms). They also announced a ¥100bn buyback.
Tesla’s Growth Story Facing Challenges Amidst Optimism for AI and Autonomy?
- Tesla’s fourth-quarter earnings highlighted a company at the crossroads of transformation and challenge.
- Despite achieving a record market valuation of $1.5 trillion in December, the company’s core automotive business struggled, with an 8% year-over-year revenue decline.
- Demand softened, particularly for the Cybertruck, forcing Tesla to rely on aggressive promotional strategies to sustain sales.
Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
Unlock all research summaries