Published in DataDrivenInvestor·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 in DataDrivenInvestor·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 in DataDrivenInvestor·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
Published in DataDrivenInvestor·Feb 75 stocks you should add to your watchlist nowStock markets have largely fallen in 2022 while the stocks started this year on a positive note in hopes that cooling inflation may allow the Fed to take it easier on rates. However, markets still face a lot of headwinds like rising interest rates and an impending recession, especially after…Stocks4 min readStocks4 min read
Nov 29, 2022Manchester is RED: MANU stock soars 60% last weekShares of the iconic Premier League club Manchester United (NYSE: MANU) rises more than 60% in the last week following the news that the club has been put up for sale and most importantly, different buyers are already running up their interests in acquiring it. …Manchester United3 min readManchester United3 min read
Oct 25, 2022US airlines recovery continues, boosted by robust air-travel demandIn recent weeks, the airline giants reported strong earnings for the last quarter as the global travel market continues to show positive signs of recovery from losses incurred because of the Coronavirus pandemic. …Airlines3 min readAirlines3 min read
Oct 11, 2022Reasons WHY the global economy is slowing downGlobal markets remained shaky due to growing concerns about a global economic slowdown. The economic activity continues to slow across advanced economies including the major economies like the USA and Europe is likely on the brink of a recession due to the war-induced energy crisis. Recently United Nations (UN) projected…Recession4 min readRecession4 min read
Published in DataDrivenInvestor·Aug 24, 2022EURUSD: Is the bottom nearby?The euro slumped to a fresh two-decade low of 0.9900 against the US dollar on Tuesday as the latest surge in European gas prices added to worries about a recession. …Eurusd3 min readEurusd3 min read