Latest news with #Terranova
Yahoo
23-05-2025
- Business
- Yahoo
Prominent Investor 'Wouldn't Be Surprised' to See Nvidia (NVDA) 'Move Towards' All-Time High
Appearing on CNBC recently, prominent investor Joe Terranova said that the momentum of Nvidia Corporation (NASDAQ:NVDA) stock is "clearly positive." Asserting that NVDA CEO Jensen Huang "exudes confidence," Terranova said he "wouldn't be surprised to see the stock make a move towards" its "all-time high" of just over $153. A frequent guest on CNBC, Terranova is a senior managing director of Virtus Investment Partners. Nvidia Corporation (NASDAQ:NVDA) appears to be benefiting from "very strong, consistent demand," Terranova said, noting that Abu Dhabi intends to purchase 18,000 chips from the tech giant. Huang's confidence indicates that Nvidia Corporation (NASDAQ:NVDA) will not have trouble meeting the demand for its chips, Terrranova suggested. The owners of NVDA stock should be pleased by the CEO's self-assurance, added the investor. In the last month, the shares have climbed 28%, while they have lost 5% in the last three months. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
22-05-2025
- Business
- Yahoo
Well-Known Investor Is Likely to Sell Nvidia (NVDA) Ahead of Its Earnings
Prominent investor Steve Weiss said on May 19 that he would probably sell all of his Nvidia Corporation (NASDAQ:NVDA) stock ahead of the company's first-quarter earnings report. The giant chip maker is slated to report its Q1 results on May 28. A frequent guest on CNBC, Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners. Meanwhile, on the same segment, another frequent CNBC guest, Joe Terranova, sounded significantly more bullish on the near-term outlook of NVDA stock. Terranova is the Senior Managing Director of Virtus Investment. Noting that he would be "uncomfortable" holding Nvidia Corporation (NASDAQ:NVDA) if its reaches its old high of around $150, Weiss suggested that a higher price would not be justified by the chip maker's current fundamentals. Calling his holdings of NVDA "a decent trading position," the investor said he would "most likely" unload all of his shares before the company reports its Q1 results. "I've got enough tech exposure. Why take the risk of holding something I'm not committed to (into its earnings report)?" Weiss said. The veteran investor pointed out that Abu Dhabi had recently agreed to buy 18,000 of Nvidia's chips for its data center, and he said that "demand (for NVDA's semiconductor) is coming from other places around the world." And according to Terranova, Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang has been "speaking with a lot of confidence in the last several days." Finally, Terranova reported that large investors have been buying meaningful amounts of the shares of NVDA and other chip makers recently. "I wouldn't be surprised if after next week (NVDA stock) is higher than it is now," he concluded. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
15-05-2025
- Business
- Yahoo
Well-Known Investor Says Apple Inc (AAPL) Should Raise iPhone Prices
After The Wall Street Journal reported that Apple Inc (AAPL) was considering raising prices on its new iPhones this fall, Joe Terranova said on CNBC yesterday that he thinks the tech giant should pull the trigger on the move. Terranova, the Senior Managing Director for Virtus Investment Partners, frequently appears on CNBC. A wide view of an Apple store, showing the range of products the company offers. Why Terranova Thinks That Apple Inc (AAPL) Should Hike iPhone Prices Apple Inc (AAPL) has "pricing power," and the company should follow in the footsteps of Netflix (NFLX) and Chipotle (CMG) which frequently hike their prices, Terranova said. "I don't think (consumers) are going to flinch at all if they the prices, in particular on the high end (iPhones)," the well-known investor added. Calling iPhones " a consumer staple," Terranova suggested that consumers would continue to buy the devices even if their prices rose by 20%. CNBC Scott Wapner, however, pushed back against Terranova's theory, suggesting that the company may not have that much pricing power because its "AI offerings (have been) subpar." The Recent Price Action of Apple Inc (AAPL) Stock In the last month, the shares have gained 4.3%, while they have fallen 9.5% in the last three months. While we acknowledge the potential of AAPL, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
14-05-2025
- Business
- Yahoo
Teddy Group Selects Centric Market Intelligence to Power Market Expansion with Competitor Benchmarking and Data-Driven Decision-Making
Italian fashion retail leader boosts localization of retail and e-commerce strategy with AI-powered competitive pricing and trend insights CAMPBELL, Calif., May 14, 2025 /PRNewswire-PRWeb/ -- Centric Software® is pleased to announce that Teddy Group has selected Centric Market Intelligence™ to underpin data-driven decisions across product planning and competitive pricing to boost its market positioning for flagship brand, Terranova. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, buy, make, price, allocate, sell and replenish products such as fashion, luxury, footwear, outdoor, home and related goods like cosmetics & personal care as well as multi-category retail to achieve strategic and operational digital transformation goals. Founded in 1961, Teddy S.p.A Group has grown from a small local store in Rimini, Italy, into a global fashion retail powerhouse. Terranova, launched in 1988, represents one of the group's flagship brands with over 500 stores in 37 markets, offering contemporary fashion for men, women and children. Today, the brand operates through multiple channels, including retail stores, 13 direct e-commerce markets and a growing marketplace presence. The integration of Centric Market Intelligence to Terranova's pricing and planning processes, will empower the brand to define more precise starting prices and markdown strategies per market and per channel. "One of the most valuable insights we expect from Centric is understanding product velocity—what sells out first and why. This will guide our pricing, assortment and replenishment strategies, making our e-commerce and marketplace approach more efficient and competitive." The implementation of Centric Market Intelligence comes at a pivotal time for the Teddy Group's digital transformation and marketplace expansion. With aims to consolidate its presence in local markets with a structured marketplace and logistics expansion plan, the Teddy Group sought a solution to the lack of real-time market insights and manual approach taken to forecasting and analysis across the product development, pricing and marketing processes. "We needed a better understanding of how to approach each different market with a different strategy," says Filippo Cisterni, eCommerce Manager at the Teddy Group. "At Teddy Group, we are driven by data in every single team - it is key for us in every aspect of our strategy. With Centric Market Intelligence, we will now have real-time insights on competitors and market trends." To maximize their market impact, Terranova requires in-depth, real-time insights to benchmark competitor assortments and pricing strategies across each marketplace to optimize the brand's relevancy and market penetration. This visibility will guide Terranova's decisions about how to localize their product offering with competitive initial price points and markdown strategies for each market. Prior to Centric Market Intelligence, competitor analysis was done manually via spreadsheets or through one-time reports from third-party vendors, which lacked live updates and historical trend visibility. "[Previously], our marketplace manager would spend up to 8 hours per channel manually selecting product listings for each marketplace, cross-referencing data in spreadsheets to determine the best assortment and pricing strategy every season," explains Cisterni, "With Centric Market Intelligence, we will be able to quickly compare seasonal trends and pricing strategies, helping us make smarter buying and pricing decisions." While initial implementation focuses on the Terranova brand, successful adoption will lead to expansion across other Teddy Group brands in the near future. "One of the key points in evaluating Centric over other solutions was the ease of comparison. It will give us clear, actionable insights into how the market is evolving season by season and how our competitors apply their strategies. Other tools we used in the past provided trend insights, but they lacked the depth of analysis we needed—Centric will allow us to make data-driven decisions with a level of precision we didn't have before," concludes Cisterni. "Retailers today need rapid access to market intelligence to make strategic decisions and stay competitive. Teddy Group's data-driven partnership with Centric Market Intelligence delivers a competitive advantage that is necessary for retail expansion. Manual processes are being transformed into actionable insights across pricing optimization, merchandising decisions and marketplace growth across multiple regions," says Chris Groves, CEO of Centric Software. Learn more about Centric Software Request a demo Teddy S.p.A. Group ( Teddy Group is an Italian fashion company with a big dream: to offer more than just clothes, sharing a world to belong to. Through the brands Terranova, Rinascimento, Calliope and QB24, it wants to dress the world with beauty, welcome, promoting personal fulfillment, serving customers in 79 markets, thanks to an omnichannel distribution that includes online, directly managed or franchised single-brand stores and wholesale distribution. In 2023, the Group achieved a turnover of 672.5 million euros and retail revenues of 1.115 billion euros, with 841 stores and 3,464 employees. Media Contact Celia Newhouse, Centric Software, +14385015498, cnewhouse@ View original content to download multimedia: SOURCE Centric Software
Fashion United
13-05-2025
- Business
- Fashion United
New concept for Terranova brand: First Riviera 2.0 store in Milan
Terranova, a young and contemporary clothing brand that is part of the Teddy Group, created the new Riviera 2.0 concept store. After recently debuting at the 'Il Centro' shopping centre in Arese, Milan, the new format will arrive in over 20 stores in 10 countries by the end of 2025. In April, two affiliated stores with this concept will open: one in Tricase, in the province of Lecce, and another in Casablanca, Morocco. The first direct stores with the new format, after the one in Arese, will be in Bari and Monfalcone. 'This concept stems from the desire to evolve Terranova's historical identity, starting from the roots of the Rimini Riviera and its original pop spirit, reinterpreting it in a current and vibrant way,' the management highlighted in a note. In detail, Riviera 2.0 is distinguished by the creation of an environment that is inspired by the Romagna Riviera and its free and positive spirit. The stores with this format offer the complete Terranova collections, which include womenswear, menswear and kidswear lines, as well as lingerie and accessories. The aesthetic recalls the warmth and spontaneity of the territory with natural materials, warm light and installations that evoke lightness and movement. The storefront is emphasised by the luminous 'Ciao' installation at the entrance. A central element of the format is the catwalk, which guides the shopping experience with the same freedom as a walk on the seafront. The natural wood recalls the seaside structures and the warmth of the beach. The changing rooms are also designed to offer a practical and welcoming experience. Simple, functional and with a relaxed atmosphere, they are characterised by striped curtains that recall those of the Romagna seaside resorts, for a touch of authenticity and lightness. Omnichannel integrates physical and digital: spaces stimulate creation of social content 'To support our growth and be attractive and innovative in the eyes of our customers, it is necessary to be up to date with market developments. Our origins and our values are distinctive elements that we want to promote throughout the world with this new format, also demonstrating attention to all the most modern instruments of contact with customers,' said the development director of Teddy, Luca Binci. 'The relationship with customers is fundamental for us and this evolution is intended to be a way to provide them with a further dimension of the relationship with the brand. We also intend to strengthen an omnichannel strategy that allows us to maintain customer trust and relevance to them at every moment of purchase,' added the creative director of Terranova, Roberto Fantoni. In the Riviera 2.0 stores, omnichannel integrates physical and digital: the spaces are designed to stimulate the spontaneous creation of social content. The Teddy Group recorded consolidated turnover of more than 672 million euros in 2023 (2023 figures). The group markets the Terranova, Calliope, Rinascimento brands. The new Arese store Credits: Gruppo Teddy This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
