Latest news with #Series7
Phone Arena
3 days ago
- Business
- Phone Arena
The Apple Watch Series 7 is on sale at an incredible price with 4G LTE and a stainless steel case
Would you ever consider something as old as the Apple Watch Series 7 for your next big smartwatch purchase with the Apple Watch Series 11 presumably just a few months away from a commercial debut? Before you dismiss that question with a clear and resounding no, let me ask you something else. How much would you be willing to spend on a super-premium cellular-capable Apple Watch with a robust stainless steel body? $500? $400? Well, what if I told you one such model can currently be had for a measly $219.99... in brand-new condition... with a full 1-year manufacturer warranty included? $529 off (71%) GPS + Cellular, Dual-Core S7 Processor, Always-on Retina Display, ECG, Fall Detection, Blood Oxygen Sensor, Third-gen Optical Heart Sensor, Always-on Altimeter, Compass, Emergency SOS, Sleep Tracking, WR50 Water Resistance, IPX6 Dust Resistance, Graphite Stainless Steel Case, Blue Band, New, 1-Year Manufacturer Warranty Included Buy at Woot GPS + Cellular, Dual-Core S7 Processor, Always-on Retina Display, ECG, Fall Detection, Blood Oxygen Sensor, Third-gen Optical Heart Sensor, Always-on Altimeter, Compass, Emergency SOS, Sleep Tracking, WR50 Water Resistance, IPX6 Dust Resistance, Gold Stainless Steel Case, Abyss Blue Sport Band, Renewed Buy at Amazon Oh, now I have your attention? Good, because Woot's latest killer Apple Watch Series 7 deal certainly deserves to be on a lot of bargain hunters' radars, and if you fit that description, you might want to hurry and cough up the aforementioned 220 bucks. Technically, this is a promotion scheduled to run through June 4, but given the 4G LTE connectivity, graphite stainless steel case (in a large 45mm size), and life-saving ECG technology offered by the ultra-affordable Series 7 variant on sale here for a limited time, that time could prove to be even more limited. After all, Woot can't have many brand-new, unused, unopened, and undamaged units in stock nearly four whole years after the Apple Watch Series 7's original release, so there's really no telling when this deal will actually end. The only half-decent Amazon alternative I've been able to find, mind you, has a 41mm cellular-enabled Apple Watch Series 7 model with a gold stainless steel case and abyss blue sport band listed at a few bucks under Woot... in "renewed" condition, which should tell you everything you need to know about the appeal of this amazing new offer. Keep in mind that the Apple Watch Series 7 is still supported by the latest watchOS version, and that's likely to remain true for another year or so. From a hardware perspective, you're looking at a remarkably "current" device here too, at least as far as screen quality and even processing power are concerned. Obviously, the Series 8, Series 9, and Series 10 are all better, but at a monumental $530 discount from an original list price of $750, this thing can be a very smart buy as well.
Yahoo
6 days ago
- Business
- Yahoo
First Solar vs. Enphase: Which Solar Stock Is the Better Player in 2025?
As industries across the board are accelerating their shift toward cleaner energy, solar photovoltaic (PV) deployment has experienced remarkable growth worldwide in recent years. As investor appetite for green energy intensifies, solar heavyweights like First Solar FSLR and Enphase Energy ENPH present distinct yet compelling opportunities worth exploring. While First Solar specializes in manufacturing advanced thin-film PV solar modules and focuses on deploying utility-scale solar projects, Enphase Energy is a pioneer in developing microinverters, along with offering home energy solutions, which connect energy generation, energy storage, and control and communications management on one intelligent platform. With solar PV set to become the largest renewable source by the end of 2029 (as predicted by the International Energy Agency), investor interest in solar stocks will continue to surge. Against this backdrop, choosing between two standout players in the sector can be challenging. Here's a comparative analysis to help an investor make an informed investment decision. Recent Achievements & Growth Prospects: First Solar ended the first quarter of 2025 with year-over-year sales growth of 6.4%. The company's total installed nameplate production capacity across all its facilities was approximately 21 gigawatts (GW) as of March 31, 2025. With a strong global footprint, First Solar enjoys a solid presence in the United States, India, Malaysia and Vietnam. Looking ahead, through its vigorous manufacturing capacity expansion, the company expects to have an annual manufacturing capacity of more than 25 GW by the end of 2026. Such a solid manufacturing enhancement strategy should attract more customers, thereby boosting its revenue stream. Financial Stability: First Solar's cash and cash equivalents as of March 31, 2025, were $891 million. Its long-term debt as of March 31, 2025, totaled $328 million, and the current debt level was $197 million. Therefore, the stock's cash reserve was much higher than the long-term and current debt levels. So, we may safely conclude that First Solar boasts a strong solvency position, which, in turn, should enable FSLR to meet its investment target of $1.0-$1.5 billion in building new manufacturing facilities, expanding the existing ones, as well as upgrading machinery and equipment. Such a robust capital expenditure plan can be expected to allow the company to meet its targeted manufacturing capacity enhancement. Challenges to Note: First Solar had earlier expressed its concerns over oversupply in the solar module market, especially from Chinese manufacturers that added an estimated 270 GW of capacity in 2024 alone. This surge could lead to a structural imbalance, triggering price volatility and pressuring margins if competitors slash prices below production costs. Compounding the challenge, FSLR has recently identified manufacturing issues in certain Series 7 modules produced in 2023-2024 that may cause premature power loss in the field. The company expects losses related to this issue to be between $56 million and $100 million, which could weigh on near-term operating results. These setbacks likely influenced FSLR's decision to lower its 2025 solar module sales target from 18-20 GW to 15.5-19.3 GW, as disclosed in its first-quarter 2025 earnings release. Together, these factors may affect FSLR's pricing power, profitability and near-term growth outlook. Recent Achievements & Growth Prospects: Enphase Energy ended the first quarter of 2025 with a solid 35.2% year-over-year improvement in its sales, backed by higher battery sales in Europe, where the company ramped up shipments of its IQ Battery 5P with FlexPhase. Looking ahead, to capture more shares of the expanding global solar market, Enphase has been making innovations and launching its state-of-the-art products in new nations. Notably, in the first quarter, the company started shipping its IQ8P microinverters in Vietnam and Malaysia, as well as the Latin American nations of Colombia, Panama and Costa Rica. Meanwhile, the company is making progress with its fourth-generation IQ battery, which offers 60% less wall space, owing to its integrated battery management and power conversion architecture. This battery, paired with Enphase's IQ Meter Collar and new Enhanced Combiner, can reduce installed costs by approximately $300 per kilowatt hour for a typical backup system. Financial Stability: Enphase had cash and cash equivalents (including marketable securities) of 1.53 billion as of March 31, 2025. The company's long-term debt totaled $0.57 billion, while its current debt was $0.63 billion as of the aforementioned date. This indicates that the company's long-term and current debts are both lower than the cash balance. So, we may safely conclude that it holds a solid solvency position, which should enable ENPH to meet its investment target for expanding its manufacturing capabilities. Challenges to Note: In February 2025, U.S.-imposed tariffs on key trading partners triggered retaliatory actions, particularly from China. Although the sweeping tariffs on Chinese imports are currently on hold, they could be reinstated any time. Enphase Energy, which sources lithium-ion phosphate battery cells from China and components from various Asian countries, could face increased costs if trade tensions escalate further. Notably, in the first quarter of 2025, its gross margin was partly affected by increased warranty expenses tied to tariff-related product replacements. Meanwhile, the company has been witnessing a slowdown in product demand in some parts of Europe. In particular, countries like France and the Netherlands continue to exhibit weak market conditions. Lower utility rates in Europe remain a challenge for Enphase's sell-through and revenue performance in the region. While Enphase sees long-term potential in European markets, it expects the softness, especially in France, to persist through second and third quarters of 2025, potentially affecting its near-term financial results. The Zacks Consensus Estimate for First Solar's 2025 sales and earnings per share (EPS) implies an improvement of 16.8% and 21.4%, respectively, from the year-ago quarter's reported figures. The stock's EPS estimates, however, have been trending southward over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Enphase Energy's 2025 sales implies a year-over-year improvement of 7.3%, while that for its EPS suggests an increase of 2.1%. The stock's near-term bottom-line estimates, however, have been trending southward over the past 60 days. Image Source: Zacks Investment Research FSLR (12.219.5%) has outperformed ENPH (down 35.2%) over the past three months, and it has done the same in the past year as well. While FSLR's shares have lost 42.7%, ENPH plunged 68.3%. Image Source: Zacks Investment Research First Solar is trading at a forward earnings multiple of 9.10X, below its median of 9.98X over the past year and Enphase Energy's forward earnings multiple of 14.92X. Image Source: Zacks Investment Research While both First Solar and Enphase Energy are influential players in the evolving solar landscape, FSLR appears to be presenting relatively better fundamentals at this point. Despite near-term headwinds, including manufacturing setbacks and market oversupply, First Solar offers greater financial stability, stronger revenue visibility and a more attractive valuation than Enphase. ENPH, though innovative and globally expanding, continues to grapple with softer European demand and potential cost pressures from tariff-related uncertainties. However, the fact that both stocks reflect a declining trend in their earnings estimate indicates that analysts are losing confidence in the earnings generation capacity for both these solar players. This, along with the stocks' dismal performance at the bourses, suggests that investors may want to keep a close watch on both companies and consider cutting back on their positions in FSLR and ENPH until the outlook improves FSLR and ENPH currently hold a Zacks Rank #5 (Strong Sell). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Solar, Inc. (FSLR) : Free Stock Analysis Report Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Record
21-05-2025
- Automotive
- Daily Record
This popular car loses 65% of value in just five years - see the top 10
The vehicle topped the list of cars that depreciate in value the most It's well known that when you buy a new car its price starts to depreciate pretty much as you pull away from the showroom. Research has shown that a new car can lose anywhere between 15 per cent and 35 per cent within its first 12 months on the road. And by the time it is five years old, some cars can have depreciated by around 60 per cent in value. And while not all vehicles lose value at the same rate, it is, unfortunately, the silent cost of car ownership. But there is one car that was found to have lost more than 65 per cent of its value in five years and it's a popular choice for those looking for a bit of luxury. eCarsTrade looked at which 2020 models have held their value and which have not. They compared original Manufacturer's Suggested Retail Price (MSRP) with today's average resale price to list the top ten most depreciated cars. The study ranks the vehicles with the sharpest drops in value – and eCarsTrade said it offers a clearer picture of which brands are still riding high. And the popular BMW Series 7 tops the list of the cars that depreciate in value the most, with the biggest five-year value collapse reaching 65.43 per cent. It shed €73,201 or £61,702 which is more than the cost of a new BMW 3 Series. eCarsTrade found the Series 7 fell from its sale price of £94,379 to to £32,628. While luxury buyers may be drawn to high-end features, this model shows how quickly prestige can wear off in the resale market. The Tesla Model S was in second place with a 64.22 per cent price decline. In five years it has lost £50,691 of its value. Once a leading car of electric innovation, it is now in a used market saturated with newer EVs having longer ranges and more modern tech. It seems early adopters paid a premium – resale buyers aren't. And taking third place was the Audi A6 which slid by 64.20 per cent, losing £31,433 in value. Once popular among upscale professionals, it's now worth just £17,531 , down from £48,974. The A6's drop shows the declining popularity of traditional sedans as buyers shift toward SUVs and electric options. The Nissan Leaf, another EV, was the fourth and is the lowest priced car on the list but it still lost a significant share of its value with a 60.39 per cent depreciation. Tesla Model Y came fifth, seeing a drop of over half its value. Buyers who paid £51,014 now see it worth just £21,190. That is a yearly value drop of about 11.69 per cent and it's a reminder that rapid tech turnover in EVs can outpace resale stability even in hot segments. The Chevrolet Bolt EV follows a similar path showing a 57.80 per cent drop. Built as a practical, affordable EV, the Bolt couldn't escape price erosion. It was noted that battery-related recalls may have also affected its standing with used car buyers. In seventh place, Tesla Model 3 performs slightly better than its brand siblings but still loses 50.41 per cent of its value. While its broad popularity may help, resale value has still halved in five years. Ranking eighth, Jeep Grand Cherokee is the only large SUV in this group depreciated by 48.88 per cent. That breaks down to an average annual depreciation of 9.78 per cent. With its utility and off-road capability, the Cherokee's resale resilience may come from continued interest in midsize SUVs. The Mercedes-Benz E-Class comes in ninth, losing 47.77 per cent of its value over five years showing that even with its strong engineering and brand recognition, the E-Class has steadily lost appeal as more buyers shift toward SUVs. And the Ford Escape rounds out the top ten having the mildest depreciation among the top 10 at 47.49 per cent. As a smaller SUV with a more accessible price point, it reflects how everyday models can offer more predictable returns in the used market—even if the resale value is still less than half of its original price. A spokesperson from eCarsTrade said: 'We're seeing that high sticker prices and futuristic branding don't guarantee long-term value. In fact, the models that were once status symbols or breakthrough EVs are now the ones depreciating the fastest. " Used buyers are looking for reliability, low costs, and updated features – not brand legacy or original hype.'
Malaysian Reserve
09-05-2025
- Business
- Malaysian Reserve
Mutual of America Capital Management Names Aiden Redmond as Executive Vice President, Head of Institutional
NEW YORK, May 8, 2025 /PRNewswire/ — Mutual of America Capital Management, a leading provider of investment management services, is pleased to announce that Aiden Redmond has joined as Executive Vice President, Head of Institutional. Redmond is responsible for overseeing the institutional client service experience and asset-raising initiatives. He reports to Joseph R. Gaffoglio, President and CEO of Mutual of America Capital Management LLC, and will be based in New York. 'I am excited to be part of the outstanding team of investment professionals at Mutual of America Capital Management,' said Redmond. 'The Company's disciplined, researched-backed investment approach, deep history of providing positive outcomes to investors and commitment to building upon its client initiatives were particularly appealing to me.' Gaffoglio noted: 'With more than three decades working in and leading institutional at some of the world's top financial institutions, Aiden brings a wealth of experience to Capital Management in service of our institutional accounts. We welcome him to the team and look forward to the positive impact he'll make advancing our strategies and initiatives for the benefit of our clients and the Company.' Prior to joining Capital Management, Redmond was Head of Investor Relations at QVIDTVM Inc. Previously, he served as CEO of Allianz Global Investors Distributors US, where he was also Head of North America Institutional and President of The Taiwan Fund, a closed-end vehicle. Earlier in his career, he was a managing director and Head of North America Institutional at Morgan Stanley Investment Management and served in a similar capacity at Macquarie Investment Management. He was also a managing director at BlackRock, where he led various institutional client businesses, after beginning his career in Merrill Lynch's Investment Banking program. Redmond received a BA in economics and political science from Boston College. He holds Series 7 and Series 24 licenses from FINRA. About Mutual of America Capital Management LLC Formed in 1993, Capital Management is an SEC-registered investment adviser and an indirect, wholly owned subsidiary of Mutual of America Life Insurance Company that is focused on serving the growing investment needs of institutional clients. Today, Capital Management manages approximately $29.6 billion and offers 28 funds with an array of asset classes and objectives, including equity, fixed income, international, asset allocation funds and target-date funds. For more information, visit and connect with us via LinkedIn. About Mutual of America Financial Group Mutual of America Financial Group is a leading provider of retirement products, services and investments to employers, employees and individuals. We deliver high-quality, innovative products and customized services at a competitive price, along with outstanding service and personalized financial education, to help customers build and preserve assets for a financially secure future. Our mission is built upon our values—integrity, discipline, reliability, excellence and social responsibility—which have guided us since 1945 and continue to serve us and our customers well. Mutual of America Financial Group is the trade name used by Mutual of America Life Insurance Company and its affiliates. For more information, visit and connect with us via Facebook, Twitter and LinkedIn.
Yahoo
30-04-2025
- Business
- Yahoo
First Solar Inc (FSLR) Q1 2025 Earnings Call Highlights: Navigating Tariff Challenges and ...
Revenue: $0.8 billion in Q1 2025, reflecting a $0.7 billion decrease from the previous quarter. Gross Margin: 41% in Q1 2025, up from 37% in the prior quarter. Earnings Per Diluted Share: $1.95, below the low end of guidance range. Module Sales: 2.9 gigawatts in Q1 2025. Production: 4.0 gigawatts in Q1 2025, including 2 gigawatts of Series 6 and 2 gigawatts of Series 7 modules. Contracted Backlog: 66.1 gigawatts as of March 31, 2025, with an aggregate value of $19.8 billion. Cash and Marketable Securities: $0.9 billion at the end of Q1 2025, a decrease of $0.9 billion from year-end 2024. Operating Income: $221 million in Q1 2025. SG&A, R&D, and Production Start-up Expenses: $123 million in Q1 2025. Capital Expenditures: $206 million in Q1 2025. Full-Year 2025 Guidance - Net Sales: $4.5 billion to $5.5 billion. Full-Year 2025 Guidance - Earnings Per Diluted Share: $12.50 to $17.50. Full-Year 2025 Guidance - Gross Margin: $1.96 billion to $2.47 billion, approximately 44%. Full-Year 2025 Guidance - Capital Expenditures: $1 billion to $1.5 billion. Full-Year 2025 Guidance - Net Cash Balance: $0.4 billion to $0.9 billion by year-end. Warning! GuruFocus has detected 4 Warning Sign with FSLR. Release Date: April 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. First Solar Inc (NASDAQ:FSLR) secured net bookings of 0.6 gigawatts at a base ASP of $0.305 per watt, increasing their contracted backlog to 66.3 gigawatts. The company produced 4.0 gigawatts in Q1, including 2 gigawatts of Series 6 and 2 gigawatts of Series 7 modules, meeting their production forecasts. Initial data from the CuRe technology modules indicates enhanced energy profiles and industry-leading annual degradation rates. First Solar Inc (NASDAQ:FSLR) is expanding its domestic capacity, with the Alabama factory ramping up and the Louisiana facility on track to begin commercial operations in the second half of the year. The company maintains a strong long-term outlook for solar demand, particularly in the US market, and is well-positioned due to its unique profile as a US-headquartered PV manufacturer with a vertically integrated presence. Q1 earnings per diluted share were below the low end of guidance at $1.95 per share, primarily due to a greater portion of international sales versus US product. The new tariff regime, including potential reciprocal tariffs, poses significant economic challenges for First Solar Inc (NASDAQ:FSLR), particularly affecting their manufacturing facilities in India, Malaysia, and Vietnam. There is uncertainty surrounding the potential reinstatement of reciprocal tariffs after a 90-day pause, creating challenges in quantifying precise tariff rates for module shipments. The company faces increased project costs and potential shipment delays due to the new tariffs, impacting their financial guidance for the year. First Solar Inc (NASDAQ:FSLR) may need to reduce or idle production at their Malaysia and Vietnam factories if the announced reciprocal tariffs are implemented, affecting their international production capacity. Q: What impact have the recent tariffs had on First Solar's bookings and customer conversations? A: According to CEO Mark Widmar, the tariffs have increased customer interest, particularly from those looking to mitigate tariff exposure. However, the uncertainty around tariffs and potential changes to the Inflation Reduction Act (IRA) has made it difficult to finalize agreements. First Solar is being patient, as the pricing dynamics for domestic modules remain unclear until policy details are settled. Q: Can you provide more details on the recent underperformance of modules and the third-party report on production line fixes? A: Widmar stated that a third-party report confirmed the root causes of the Series 7 module issues and validated the corrective actions taken. The company is in the final stages of settlement agreements with affected customers. Regarding Series 6, First Solar will honor warranty obligations if modules are returned and tested below warranty thresholds. Q: Why is there a significant volume downside in the guidance, and how are customer conversations influencing this? A: Widmar explained that the volume reduction is due to the economic impact of tariffs, particularly the potential 46% tariff on Vietnam-produced modules. The guidance reflects the assumption that these tariffs will make it uneconomical to ship from Malaysia and Vietnam to the US. Conversations with customers are ongoing, and the company is exploring options like idling production or reallocating volumes. Q: How does First Solar plan to manage working capital headwinds and the timing of tax credit transfers? A: CFO Alex Bradley noted that the company has not yet sold its 2025 tax credits but is open to doing so if the terms are favorable. First Solar is managing higher inventory and IRA balances, which are expected to reverse in the second half of the year. The company also has an untapped $1 billion revolver for managing jurisdictional cash. Q: What are the potential strategies for First Solar's assets in Malaysia and Vietnam if tariffs remain high? A: Widmar mentioned several options, including bringing equipment to the US for more domestic manufacturing or setting up finishing lines in the US to reduce tariff impacts. The decision will depend on the final policy environment and IRA provisions. The company is also considering semi-finished products to optimize shipping and tariff costs. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
