A Word of Caution to Tech Stock Enthusiasts

“Money coming out the Wazoo” was the tagline of E-trade’s 2000 Super Bowl XXXIV ad. It was fitting for the time. In the five preceding years, the NASDAQ had risen almost sixfold. However, it was to plummet by 80% in the following months. Of the 11 tech startups that also splurged $2.2 million for aContinue reading “A Word of Caution to Tech Stock Enthusiasts”

AT&T: Low Enough Yet?

In the midst of the carnage induced by the arrival of coronavirus to the U.S, which precipitated the March stock market crash, AT&T (NYSE: T) was amongst the losers. However, while the overall market recovered, with the S&P 500 up almost 10% YTD, the U.S telecommunications giant did not and remains down by over 25%Continue reading “AT&T: Low Enough Yet?”

The Weekly Rundown

Market Data At Friday’s Close Weekly Change Dow Jones 29,263 -1.4% S&P 500 3,558 -1.2% Nasdaq Composite 11,855 +0.1% FTSE 100 6,351 +0.6% Euro Stoxx 600 390 +0.7% Gold $1,872/Troy oz -0.8% WTI Crude $42.2/Barrel +4.9% Headlines (Politics, General News) Immunisation against coronavirus could begin in the UK from next month, said Matt Hancock. TheContinue reading “The Weekly Rundown”

Siemens: an overview and what’s next for the industry giant

What is Siemens? Siemens AG (FWB: SIE), founded in 1847  by inventor Werner von Siemens, is a multinational conglomerate company which is headquartered in Munich, Germany. It is the largest manufacturing company in Europe, employing around 385,000 in over 200 countries worldwide. Its primary business sectors consist of Industry, Energy, Healthcare, and Infrastructure & Cities,Continue reading “Siemens: an overview and what’s next for the industry giant”