Published inDataDrivenInvestor·PinnedJeff Bezos to Elon Musk: Big Tech’s rule the list of BillionairesInvestors in technologies start to dominate the rankings of the world’s billionaires. A comparison of this year’s data with figures from five years ago (2016) shows a clear shift from traditional industries and diversified portfolios towards a bet on new technologies. While five years ago, the top five richest people…Elon Musk3 min readElon Musk3 min read
Published inDataDrivenInvestor·PinnedWill the Wall Street rally continue in Q2?The global stock market recorded a solid gain in the first quarter of 2021. The markets are finished in 2020 with a big bang having delivered one of the fastest recoveries in the history of the markets after the sell-off in March 2020. The US stock indices, Dow Jones and…Wall Street4 min readWall Street4 min read
Published inDataDrivenInvestor·PinnedPfizer the next game-changerAs per the recent report, Pfizer (NYSE: PFE) will likely be the first vaccine to reach the market. This one is the most heavily anticipated candidate by far is BNT162b2, the COVID-19 vaccine developed in partnership with German biotech BioNTech. On Wednesday, the regulators in the United Kingdom have approved…Pfizer4 min readPfizer4 min read
PinnedIPO market picked up after the big drop in Q1An initial public offering (IPO) is the first time a company offers its shares for sale to general investors. Once the IPO is done, the shares of the firm are listed and can be traded freely in the open market. …IPO3 min readIPO3 min read
PinnedWhat’s the next stop for Gold?Gold price surged more than 28% so far this year and hit a new all-time high of $2,074 in August. This year the gold price rally has been driven by a combination of rising coronavirus cases, weakness in the USD, lower interest rates, major geopolitical events such as the tensions…Gold3 min readGold3 min read
2 days agoGold price hovers close to major triple-top: Will it break this time?Gold price remains bullish after reclaiming the 2,000 psychological level. As of this writing, the metal trades above $2030 but upward momentum has not been strong in the last 24 hours as investors are locking in profits from its recent rally. On Wednesday, the metal bounced to a fresh six-month…Gold3 min readGold3 min read
Published inDataDrivenInvestor·Sep 12Apple stock bears hold the edge ahead of Apple’s “Wonderlust” eventShares of Apple (NASDAQ: AAPL), which is also the world’s most valuable listed company, sharply reversed from the monthly highs. The stock dropped back to below $180 ahead of Apple’s annual event on September 12. As of writing this article, the stock trades at $176. The stock fell more than…Apple3 min readApple3 min read
Aug 18Walt Disney (DIS) stock can retest 100$ soonShares of the streaming and entertainment giant Walt Disney (NYSE: DIS) hit a fresh 6-week high of $92.60 on Thursday after the company reported its third quarter fiscal year 2023 earnings. However, the stock failed to extend the bullish momentum later as the Q3 results were not that positive, and…Walt Disney3 min readWalt Disney3 min read
Published inDataDrivenInvestor·Jul 23YouTube: Alphabet’s Powerful Social Media PresenceYouTube is part of Alphabet, a tech giant with a $1.7 trillion market cap. In October 2006, Google bought YouTube (which later became Alphabet) for $1.65 billion. YouTube is Alphabet’s answer to Facebook which now commands the attention of 2.291 billion active users. This is not too far off from…Social Media2 min readSocial Media2 min read
Published inInsiderFinance Wire·Jul 19The threat of an economic recession hangs over the world oil marketThe global oil market has been looking for direction in recent months. Even at the beginning of the year, it seemed that the disinflation policy of the biggest players would represent a smooth landing for the world economy, but now the risk of recession is growing. In particular, there are…Oil4 min readOil4 min read