Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]
The stocks to watch in London in 2024: Defence, housebuilders and clean energy January 4, 2024 Several firms roared ahead of the market in 2023 - but which could be the stocks to watch in London this year?
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]
The FTSE 100 stocks that have turned £100 into £30k over the past 40 years January 3, 2024 As the FTSE 100 celebrates its fortieth birthday, City A.M. looks back at what invested should have invested in when the index first launched in 1984.
Wizz Air reports jump in passenger numbers as new routes pay off January 3, 2024 Low-cost airline Wizz Air has today reported a near 20 per cent increase in passenger numbers for December
Moving Markets today: FTSE 100 in red to begin the year but oil rises January 3, 2024 Moving Markets Today: Asia Stocks Mirror Wall Street Decline, Apple at Seven-Week Low, Oil Prices Rise; Focus Shifts to Fed Minutes, U.S. Jobs Report, and Eurozone Inflation
As the FTSE 100 turns 40, what does the future hold for London’s leading blue-chip index? January 2, 2024 After posting an annualised return of 15.9 per cent in the 1980s and 11.1 in the 1990s, the FTSE 100 has recorded growth of only 0.4 per cent since 2000.
What’s on the Horizon for EMEA M&A in 2024? December 29, 2023 | City Talk Follow Datasite on LinkedIn One of the pressing questions for dealmakers is, will M&A bounce back in 2024? While few expected to see the heady highs of 2021 in EMEA in 2023, there was a persistent optimism that the year would produce some good numbers. Unfortunately, that hasn’t happened: at Q3, the region saw [...]
FTSE 100 lags behind international peers with lacklustre year of growth December 29, 2023 The FTSE 100 is set to end the year lagging its international peers after eking out a minor gain through 2023.
Sterling could climb to $1.35 despite Bank of England interest rate cuts December 28, 2023 Lower rate expectations tend to hit currencies as it suggests investors will receive a lower rate of return on their investments, but this morning the pound climbed above $1.28 - its highest level since early August.