Image source: Getty Images There has been an element of doubt hanging over Alphabet (NASDAQ: GOOG) shares ever since ChatGPT was unleashed in late 2022. That might sound strange given that the stock has roughly doubled since then, handily beating the S&P 500. Yet, despite this rise, it has consistently traded at a discount compared … Read more
As the week drew to a close the price of gold took a nosedive following an initial surge to unprecedented peaks earlier in the week; meanwhile the price of silver also took a sharp fall. Following the revelations by U.S President Donald Trump with the imposition of hefty trade tariffs directed at a wide array … Read more
Chain manufacturer Renold (LON: RNO) has received two bid offers one is 77p/share in cash from Webster Industries and the other is 81p/share in cash from a consortium comprising Buckthorn Partners LLP and One Equity Partners IX, L.P. The share price jumped 40.5% to 76.7p. Telecoms testing equipment supplier Calnex Solutions (LON: CLX) returned to … Read more
At this point, maybe you’re done with 2021 – right?! But face it, we gotta look back to figure out how we arrived…in this mess today! And hopefully recall & reinforce any lessons learned. ‘Cos sure, there’s plenty of good & bad luck involved, but outcomes for both nations & investors are ultimately a result … Read more
Fast-fashion behemoth Shein has confidentially filed for an IPO in Hong Kong. This development comes after protracted efforts to debut on the London Stock Exchange (LSE) have been marred by regulatory hurdles, particularly concerning disclosures about its supply chain. Shein confidentially files for an IPO in Hong Kong The confidential filing with the Hong Kong … Read more
Unilever has been through something of a PR disaster in recent weeks. In January, Terry Smith questioned why Unilever felt that Hellmann’s mayonnaise needed to have a social purpose beyond tasting great. Shortly after that, Smith wrote a somewhat scathing post mortem of Unilever’s recent attempt to buy GSK Consumer Healthcare, calling it a “near-death” … Read more
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Image source: Getty Images There has been an element of doubt hanging over Alphabet (NASDAQ: GOOG) shares ever since ChatGPT was unleashed in late 2022. That might sound strange given that the stock has roughly doubled since then, handily beating the S&P 500. Yet, despite this rise, it has consistently traded at a discount compared … Read more
In recent months, the price of crude oil has seen a notable drop, as Brent crude fell more than 20% from mid-January, now hovering near $60 per barrel – a low not seen in four years. A mix of reasons has pushed this decline, such as OPEC+ pumping out more oil, a dip in the … Read more
Likewise (LON: LIKE) chairman Paul Bassi bought 500,000 shares in the floorcoverings distributor at 19.038p each. That is a £95,190 investment and takes his stake to 1.42%. He is the fifth largest shareholder. The company joined AIM in August 2021 when it raised £10m at 25p/share. Back in August 2021, Paul Bassi bough 2.2 million … Read more