Streetbeat News

XIACY

Xiaomi Corporation

http://www.mi.com/

CEO

Jun Lei

Open

20.00

Mkt cap

160B

Volume

112K

High

20.00

P/E Ratio

33.96

52-wk high

20.93

Low

19.36

Div yield

N/A

52-wk low

10.70

Xiaomi is strengthening its position in the tech industry by expanding its smartphone market share with the Xiaomi 15 and entering the EV market with the SU7. The company is also collaborating with Goertek to develop AI glasses, competing with Ray-Ban Meta Smart Glasses.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

Xiaomi Corporation (XIACF) held its Q3 2024 earnings call, discussing financial results and future outlook. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

November 18, 2024 | 4:15 pm

Xiaomi Corp has reported better-than-expected third-quarter results, driven by strong sales of its electric vehicles. The company delivered 39,790 Xiaomi SU7 Series vehicles in the quarter, with a year-to-date total of 67,157, and aims for 130,000 sales in 2024.

Portfolio Pulse from

November 18, 2024 | 1:00 pm

Xiaomi's CEO announced that the deliveries of their flagship electric vehicle series, SU7, have surpassed 100,000 units, with a target of reaching 130,000 by the end of the year.

Portfolio Pulse from

November 18, 2024 | 9:00 am

Xiaomi is gaining attention from investors not for its smartphones, but for its electric vehicle (EV) offerings. This shift in focus is drawing interest in Xiaomi's stock.

Portfolio Pulse from

November 07, 2024 | 10:15 am

Apple's Q3 smartphone sales declined slightly by 0.3% year over year, despite strong demand for the iPhone 16. Apple regained its No. 2 position in China's smartphone market with a 15.6% share. Promotions and discounts were offered in China to boost sales. Apple stock has gained 35% over the past year.

Portfolio Pulse from Anusuya Lahiri

October 25, 2024 | 4:33 pm

Apple's iPhone 16 sees a 20% sales surge in China, driven by demand for luxury smartphones, despite early price cuts due to lack of AI features. The sales boost is supported by China's stimulus plans and the holiday season. However, competition from domestic brands and postponed purchases for discounts pose challenges. Apple stock has gained 39% in the last six months.

Portfolio Pulse from Anusuya Lahiri

October 18, 2024 | 11:21 am

Alibaba and Baidu are investing in Horizon Robotics' $700M IPO, highlighting their confidence in the autonomous driving market. The funds will primarily support R&D. Alibaba's cloud unit is collaborating with Nvidia to enhance autonomous driving tech.

Portfolio Pulse from Anusuya Lahiri

October 16, 2024 | 3:27 pm

Apple plans to launch a budget iPhone by 2025 to regain market share lost to Huawei and Xiaomi. The new iPhone SE will feature an edge-to-edge screen and support Apple Intelligence. Analysts highlight the importance of iPhone sales to Apple's revenue. Apple is also planning updates for iPads and Macs. Despite a potential cut in iPhone production, Apple stock has risen over 30% in the past year.

Portfolio Pulse from Anusuya Lahiri

October 02, 2024 | 2:40 pm

Alibaba is investing $5.7 billion to support merchants on Taobao and Tmall during the Singles' Day shopping festival. This move follows similar strategies by Amazon and Walmart. Alibaba's stock has risen due to China's economic measures, including a rate cut.

Portfolio Pulse from Anusuya Lahiri

September 26, 2024 | 12:26 pm

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