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Chipmaker stocks will provide tech growth, says veteran investor

Last Updated: August 3, 2020

Tech stocks have rallied on the back of Amazon (AMZN) and Apple (AAPL) since Friday when the company’s beat analysts’ expectations, pushing the Nasdaq tech-heavy […]

US Jobless claims rise as reopenings stall

Author: Mohit Oberoi

Last Updated: August 3, 2020

US initial jobless claims have been above a million for 19 consecutive weeks and are expected to again top the million mark when last week’s […]

End of the dollar: Pros and cons of rivals that may replace it

Author: Alejandro Arrieche

Last Updated: August 3, 2020

The dollar has been the world’s dominant currency since the First World War, but slides in its buying power as the US central bank swells […]

Dollar’s 10% fall reflects failing US pandemic response

Author: Mohit Oberoi

Last Updated: August 3, 2020

The dollar, which hit an all-time high in March, has lost over 10% of its value since then, falling to two-year lows. Many analysts see […]

Microsoft stock rises as it pursues TikTok deal

Author: Roger Baird

Last Updated: August 3, 2020

Shares in Microsoft have lifted since it was revealed that the software giant is in talks to buy China’s TikTok in a potential mega-deal that […]

CEO Snapshot: What they said in earnings season

Author: Mohit Oberoi

Last Updated: July 31, 2020

This week is the busiest week of the second-quarter earnings season with roughly one-third of the S&P 500 companies reporting their earnings. Based on the […]

PayPal chief executive Dan Schulman on platform firms

Paypal may face correction after bullish start to year, says analyst

Author: Alejandro Arrieche

Last Updated: July 31, 2020

Digital payments giant Paypal may face a pullback, as its stock has risen too high and too fast, according to an analyst. Matt Maley, from […]

Uber and Lyft earnings preview: Struggling through the pandemic

Author: Alejandro Arrieche

Last Updated: July 31, 2020

Investors will pay close attention to how the impact of the coronavirus outbreak has hit demand of ride-hailing firms Uber and Lyft when they post […]

Western Union earnings preview: Pressure from digital rivals

Author: Mohit Oberoi

Last Updated: July 31, 2020

Money transfer company Western Union will release its earnings on Tuesday, with analysts forecasting lower earnings as digital rivals gained pace during the pandemic. Western […]

UK challenger bank Monzo launches premium and free business accounts

Monzo sees losses double, pandemic raises ‘going concern’ doubts

Author: Roger Baird

Last Updated: July 31, 2020

Monzo said its annual losses doubled and added the coronavirus pandemic raised concerns about the digital bank’s ability to continue as a “going concern”. The […]