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Google-parent Alphabet will post its second-quarter earnings on Thursday, with investors aware that the group has been the worst performing stock in the FAANG (Facebook, Amazon, Apple Netflix, Google) pack this year. Analysts expect Alphabet, led by chief executive Sundar Pichai (pictured), to report revenues of $37.37bn in the second quarter, down 4% from $38.9bn…
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Revolut has launched a silver trading operation as part of the digital bank’s plans to broaden its fee-paying services to its large customer base. The London-based lender said on Tuesday it will sell silver to account holders in the commodities tab in the wealth section of its app. The feature has an auto-exchange option, which…
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Emerging market currencies surged in May as investors looked for alternative assets while waiting for a recovery in mature economies, yet analysts warn that rise is set to end. In a note released by Barclays on Saturday, the UK-based investment bank warned investors that currencies and sovereign bonds from emerging-market countries were still fairly expensive…
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The coronavirus pandemic has led to unprecedented US job losses, which look they may have peaked, but will remain at historic highs this week, according to analysts. Over the last four weeks, 22 million people have filed for unemployment benefits, erasing all of the job gains since the 2008 financial crisis. This four-week…
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United Airlines (NASDAQ:UAL) saw its stock slide by around 18% on Wednesday as investors continue to weigh up the carrier’s warning of more job cuts to come despite the industry’s earmarked $50bn bailout. The Chicago-based airline saw its shares fall to just under $26 in afternoon trading, amid a fall that has seen the company…
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Buying strong but underrated stocks amid a market selloff, and ahead of a potential recession, could be the best way to beat the market trends. It is a trusim that buying undervalued stock during the bear market is a great way to boost returns. This is because panic selling lowers valuations of several high growth…
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Revolut formally launches in the US today, undeterred by the biggest meltdown across global markets since the financial crisis more than a decade ago. The UK-based digital bank officially debuts its financial super app and debit card in America, allowing customers to transfer money internationally at interbank exchange rates and get their salaries paid two…
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The release of Nokia’s (NOK) latest smartphone may have been overshadowed by the coronavirus pandemic, but the firm stuck to its guns by not postponing the launch of the Nokia 8.3 5G, aimed at early-adopters with smaller budgets. It seems that after losing a hard-fought battle to become a major player in global smartphones –…
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Dividend stocks that have outperformed broader markets over the years present attractive buying opportunities as the panic selling amid coronavirus outbreak across the world has pared US markets to a three-year low. But the trick is to find the bottom of a selloff to maximize returns because analysts do not know how markets will behave…
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The US stock market crash that is provoked by the outspread of coronavirus has made a swathe of blue-chip stocks available at a discount because Dow Jones Industrial Average and S&P 500 are down almost 25% in the last month alone while NASDAQ has plunged 17% over the same period. But buying on the dip…
