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Time of India
26-05-2025
- Business
- Time of India
Kenya's government to sell more of its stake in Safaricom, finance minister says
NAIROBI: Kenya's government plans to sell more of its shareholding in telecom operator Safaricom , Finance Minister John Mbadi was cited as saying in Kenyan newspaper Business Daily on Monday. The government aims to raise 149 billion shillings ($1.16 billion) in the 2025/26 financial year through the sale of stakes in companies it has share in, including selling more of its ownership of Safaricom, Mbadi told the Business Daily in an interview. At present, the government owns a 35% stake in the operator after it sold a 25% stake in it via an initial public offering in 2008.
Reuters
26-05-2025
- Business
- Reuters
Kenya's government to sell more of its stake in Safaricom, finance minister says
NAIROBI, May 26 (Reuters) - Kenya's government plans to sell more of its shareholding in telecom operator Safaricom ( opens new tab, Finance Minister John Mbadi was cited as saying in Kenyan newspaper Business Daily on Monday. The government aims to raise 149 billion shillings ($1.16 billion) in the 2025/26 financial year through the sale of stakes in companies it has share in, including selling more of its ownership of Safaricom, Mbadi told the Business Daily in an interview. At present, the government owns a 35% stake in the operator after it sold a 25% stake in it via an initial public offering in 2008. ($1 = 129.0000 Kenyan shillings)
Yahoo
19-03-2025
- Business
- Yahoo
Is Microsoft Stock a Good Investment for 2025? Experts Weigh In
Amid tariff threats, trade disputes and government cuts, tech stocks, including Microsoft (MSFT), have edged down this year. Microsoft's stock has dropped more than 8% since January. As of March 18, the stock is sitting at about $384, slightly over its 52-week low of $376.91. The S&P 500 and Dow Jones Industrial Average are both down over the past 30 days, indicating a market correction. In times of market downturns, as Warren Buffett famously said, it may be good 'to be greedy when others are fearful.' But does that sentiment apply to Microsoft stock right now? Read Next: Explore More: Investor's Business Daily said long-term investors shouldn't view Microsoft as a 'Buy' or a 'Sell.' It noted that the stock isn't close to new highs. However, the company has high profit margins and a five-year Earnings Stability Factor of 6 from MarketSurge, Investor's Business Daily reported. That means the company shows stable profits. So considering these mixed signals, is Microsoft a good stock to buy in 2025? Here's what experts have to say. Also see four ways to use Microsoft's artificial intelligence (AI) investment success to build your personal portfolio. Fei Chen, founder and CEO of Intellectia, said that Microsoft's future looks bright. 'Microsoft is still a good 'buy' for long-term investors based on its cloud computing, AI and enterprise software leadership.' Agreeing that Microsoft is a 'long-term play,' John Murillo, chief dealing officer at B2Broker said that while 2025 likely won't see a rally in the stock, 'Microsoft is flashing with a positive turnaround story.' Find Out: Despite some headwinds, Microsoft's revenue should still be positive. 'Revenue growth will likely slow from the torrid pace of last year, but the company should still deliver double-digit growth,' said Dave Novosel, CFA, senior investment analyst at Gimme Credit, an investment research firm. Microsoft's fundamentals continue to look solid in terms of profitability and dividends for investors. 'Looking at Microsoft from a fixed income perspective, the fundamentals are excellent, although not as impressive as they were,' Novosel said. 'Free cash flow should exceed $30 billion, providing tremendous financial flexibility.' The company outperformed its peers in terms of return on assets, return on equity and return on invested capital, according to ChartMill. AI remains a key driver in Microsoft's growth. 'Microsoft is best placed to take advantage as companies integrate AI into workflows, security and automation,' Chen said. 'Its tie-up with OpenAI is deep enough to generate a first-mover advantage in monetizing generative AI.' Even as OpenAI explores other partnerships, such as collaborations with the CoreWeave and Stargate data centers, Microsoft maintains a stronghold in the AI industry. 'Microsoft's ownership of OpenAI's computationally intensive training runs still gives it an intimidating moat in the AI cloud wars,' Chen said. 'With Copilot tools being deployed throughout Office 365, GitHub and enterprise environments … Microsoft is well-placed to sustain revenue growth as companies integrate AI into workflows, security and automation.' While Microsoft's AI focus could benefit it, the stock isn't reliant on its performance. 'OpenAI will represent a significant portion of its revenue, but [the stock] will not be heavily dependent on this source by any means,' Novosel said. More From GOBankingRates7 Things You'll Be Happy You Downgraded in Retirement This article originally appeared on Is Microsoft Stock a Good Investment for 2025? Experts Weigh In Sign in to access your portfolio
Globe and Mail
30-01-2025
- Business
- Globe and Mail
Why Palantir Stock Is a ‘Perfect' Buy for 2025
Palantir Technologies (PLTR) is a leading software company providing data analysis and decision-making solutions that leverage artificial intelligence (AI). Its products are Palantir Foundry, Palantir Gotham, Palantir Apollo, and Artificial Intelligence Platform (AIP), targeting both governments and commercial clients. With a market capitalization of $182.7 billion, Palantir shot to fame alongside the AI surge, gaining a massive 950% since 2023 and 360% over the past 52 weeks. Despite its success in recent years the stock appears to be struggling at the moment. Shares are up just 6.8% in the year to date and are trading almost 6% below their 52-week high of $84.80 set last week on Jan. 24. Palantir Is the 'Perfect' Stock Investor's Business Daily has published a list of 28 so-called 'perfect' stocks. The list features artificial intelligence heavyweights like Nvidia (NVDA), Arista Networks (ANET), Meta Platforms (META), and more. In addition to AI stocks, it also has Netflix (NFLX), Duolingo (DUOL), Olo (OLO), and Marex (MRX). A total of 7 conditions were set for inclusion on the list. Companies had to have a current share price of $12 or higher and a 50-day average trading volume of more than 400,000 shares. Additionally, they had to score above certain thresholds in categories like earnings per share and relative strength. Palantir Beats Estimates Palantir released its third-quarter results last year on Nov. 4. Its profit of $144 million translated to $0.06 per share, and its adjusted earnings per share came in at $0.10. This beat the analyst estimate of $0.09 per share. The company saw revenue rise 30% year-over-year to $725.5 million, beating the analyst estimate of $703.7 million. The AI company's EBITDA was $283.6 million, against analysts' $244.9 million estimate. Its EBITDA margin increased to 39.1% from 30.8% reported in the same quarter last year. GAAP gross margin remained unchanged at 79.8%. Its cash and cash equivalents balance dipped to $768 million from the $831 million reported at the end of 2023, but its free cash flow margin shot up to 60%. Management also hiked their outlook for 2024 with revenue now expected between $2.805 billion to $2.809 billion with adjusted income from operations to be between $1.054 billion and $1.058 billion. Free cash flow guidance is hiked to more than $1 billion. For the ongoing Q4, Palantir anticipates revenue in the range of $767 million to $771 million while adjusted income from operations is anticipated between $298 million and $302 million. Palantir is set to release its fourth-quarter results after the market closes on Feb. 3, 2025. Analysts' Take on PLTR Stock Palantir's surge in the recent past has left analysts chasing after the stock. The stock has a consensus 'Hold' rating with a mean price of $47.29, signifying downside potential of 40%. Shares are trading far above the average price target, although the Street-high price target of $90 represents 12.5% upside potential.
