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E.l.f. Beauty Stock Climbs Following Q4 Results: Analysts React

Several analysts have updated coverage on E.l.f. Beauty, Inc. (NYSE:ELF) on Thursday after the company reported better-than-expected financial results for the fourth quarter. Piper Sandler named the stock as a "top pick" and highlighted the company's international growth opportunities and continued strength in the U.S. market after E.l.f. Beauty reported quarterly revenue growth of 71% year-over-year and $321.14 million in sales. 

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Xiaomi’s Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals

Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform surged 27.2% to 786.1 million. Despite a 1% net income decline, signs of recovery in the mobile market are evident. Xiaomi aims to deliver 120,000 SU7 electric vehicles this year.

AAPL