close

Stock & Shares

Stock & Shares

Long Road Ahead For Tech Stocks Recovery?

shares

In late January a run on tech stocks pulled equity markets down after several months of uninterrupted gains. The same thing happened in March. Both times big tech, led by the FAANGs bounced back and went on to new highs. But October saw a more gruesome tech bloodbath with $200 billion wiped off the value of Apple, Amazon, Alphabet and Microsoft, the world’s 4 most valuable technology companies.

read more
Stock & Shares

GlaxoSmithKline (GSK) Share Price Drops 7% On News Of $5.1 Billion Cancer Biotech Acquisition

share-price

GlaxoSmithKline’s (GSK) share price took a dent yesterday, falling 7% on confirmation that rumours of a $5 billion+ cash buy-out of cancer-focused biotech company Tesaro were true. The huge acquisition, reported to be $5.1 billion all cash, represents the pharma giant’s first major deal under the stewardship of new CEO Emma Walmsley, who took over from Sir Andrew Witty following his retirement in March of last year.

read more
Stock & Shares

Analyst Calls Announcement An Equities Market Has Started As Premature

Equities

Global equity markets have shed 10% over the past few weeks and the big tech luminaries that comprise the FAANGs (Facebook, Apple, Amazon, Netflix and Google [Alphabet]) far more than that. It’s the second time this year after a similar correction in February and barring a strong last minute Santa Rally surge, something that currently looks doubtful, stocks appear unlikely to close out 2018 higher than where they started the year. If equity markets manage to get close to break-even that would, at this stage, be warmly welcomed by most of those investing online.

read more
Stock & Shares

What Does The Data Economy And Data as Currency Really Mean And How Can You Invest In It?

Data-Economy

A recent article in the Financial Times doesn’t at first look like it has anything to do with data. It’s about a new ‘ethical’ watch brand, Baume, spun off from Swiss watchmaker Baume & Mercier, owned by in turn by Swiss luxury goods conglomerate Richemont. The new brand is features vegan straps in place of the traditional leather, is constructed from the minimum number of parts possible, meaning that the watches can be disassembled for reuse and has a socially and environmental supply and production chain.

read more
Latest NewsStock & Shares

Whatever Happened to eBay As The FAANGs Trailblazer Struggles To Survive?

eBay-online-auction

eBay, the online marketplace whose addictive auction system made it the pioneer of the ecommerce model that is now such an existential threat to the huge bricks and moral retail sector, is in danger of becoming irrelevant. That appraisal may seem overblown in the context of eBay’s share price reaching historical highs as recently as February this year. In early 2009 eBay’s share price sat at around $5 and early this year had broken into the upper reaches of $44.

read more
Latest NewsLloyds Banking Group (LLOY)Stock & Shares

Will Lloyds’ Share Price And Profits Rise As Digital Transformation Gathers Pace?

Lloyds-Share-Price-And-Profits-Rise

Lloyds Banking Group’s share price climbed higher at the end of last month as the bank’s third quarter profits came in ahead of expectations. Statutory profit before tax for the period came in at £1.8 billion when the analyst consensus had been for £1.7 billion. However, while Lloyds’ share price saw a gain from its October 19th year-to-date low of 56.13 pence, up to 59.49 pence early this month, it is still significantly down from its January high of 71.26 pence. That’s a headache for all those investing online in the bank’s shares through ISAs and SIPPs.

read more
Stock & Shares

Apple Value to Drop Below $1 Trillion Again on iPhone Sales Disappointment

iPhone

Record quarterly earnings results published yesterday don’t look like they will prove to be sufficient to maintain the company’s valuation above the $1 trillion level when markets open on Wall Street today. The average iPhone sales price of $793 was far ahead of analyst estimates for $751. The strong margins generated by the newest iPhone models, starting at around $1000 and rising to as much as $1449 with extras such as additional memory led to fourth quarter revenue rising to $62.9 billion and profit to $14.1 billion. Over the same quarter last year those figures stood at $52.6 billion and $10.7 billion respectively.

read more
1 2 3 58
Page 1 of 58