Technology stocks in the USA have not been in the good graces of market participants in recent weeks. Take, for instance, the NASDAQ index, which has a heavy weighting (nearly half) toward companies in the technology sector. The index closed at a high of 14,095...
When there is a crisis, there is opportunity. This time is no different. Many companies have successfully responded to the crisis caused by the COVID-19 pandemic and have emerged better. These companies are either latching on to new trends resulting from the crisis or adapting their business model...
As the global economy recovers, many companies should start to see growth tick up once again. But for some companies, the pandemic only served to accelerate demand for their products and services. If you are an investor seeking growth, it makes sense to look at such businesses...
In February 2021, Elon Musk, CEO of Tesla (NASDAQ: TSLA), said the company had bought US$1.5 billion worth of bitcoins. It also announced that Tesla would start accepting bitcoins as a form of payment for its products soon. Tesla has done nothing wrong buying bitcoins. Unconventional, perhaps. But not...
This week, The Information reported that Chinese tech conglomerate, Tencent Holdings Ltd (HKG: 0700), has made a killing from its investment portfolio. In 2020 alone, the tech giant made US$120 billion in unrealised gains from its minority stakes in about 100 publicly listed companies. That’s around six times as much as Tencent’s own...
As the world prepares for a slow recovery from the pandemic, here are three sectors that could witness a strong rebound....
The pandemic has brought about a sea change in our habits and routines. But change should not always be perceived as a bad thing. In many ways, the alterations to human practices were the result of the acceleration of trends that were already present. The crisis has either magnified them...
The corporate world can be harsh and unforgiving. Businesses constantly vie with one another in a tussle for dominance and market share. It’s a kind of financial Darwinism where only the fittest are deemed worthy of survival. As old industry stalwarts fall by the wayside, new companies are...
A company’s earnings conference call can be extremely informative. Not only does it provide information on how a company has done in the last quarter, but management also gives investors a glimpse into the early trends shaping the company’s future. With many companies having reported their...
If there was one obvious aspect of the impact of the pandemic on companies, it’s that digital businesses have either seen limited impact or have even thrived because of the crisis. Unsurprisingly, lockdowns and movement restrictions have prevented people from interacting and entering physical locations such...