Rio Tinto (RIO) slashed payout to shareholders Rio Tinto (RIO), the world’s second largest miner with a market value of £100 billion, has recently slashed its dividend as revenue and cash from its mining operations dropped. Before we proceed, a short summary of Rio Tinto’s activities is in order. The company is a major seller …
Rolls Royce announced revenue and profit growth of 14% and 48% respectively Shares rocketed 20% on better-than-expected results Engineering company completes a long-term base pattern and set for a turnaround Is Rolls Royce a good investment in the long term (LON:RR)? Rolls Royce is an illustrious name in the UK industry. Once famous for making …
Lloyds bank sailed through the turbulent economy delivering a pre-tax profit of £6.9 billion for 2022. Flushed with profits, Lloyds is set to reward shareholders with a multi-billion share buyback. While the market is continuing to be rocked by macro concerns, should you buy Lloyds shares? Is Lloyds (LON:LLOY) a good investment in the long …
Lloyds rewards shareholders with £2bn buyback after robust results Read More »
Copper miner Antofagasta’s (LON:ANTO) revenue shrank by a fifth in 2022 on weak copper prices. But given the long-term bullish outlook for the base metal should we buy the stock on weakness? Antofagasta’s earnings were eroded by volatile copper prices Last year was a particularly volatile year due to the protracted war in Ukraine, surging inflation …
Antofagasta’s profits hit by weak copper prices; outlook still bullish Read More »
Investors are busily marking down UK bank stocks last week following their annual results. Barclays (BARC) suffered a 7 percent fall while Natwest Group (NWG) plunged 6%. What’s going on? Here we assess Natwest’s results and see if its fall is warranted. Rate outlook is key Bank stocks are deeply cyclical. The rise and fall …
Natwest’s stock plunged despite reporting decade-high profits Read More »
ChatGPT is a revolutionary AI-based chat engine that is threatening Google. So powerful is this program that some investors are anticipating it will topple the current search leader, Google. But what is ChatGPT and will Google survive the onslaught? Google playing catchup to ChatGPT This week was a dismal one for Google (NAS:GOOG). In just just …
Google shares plummet as investors see turbulence ahead in its search business Read More »
The Pound to Euro forecast is an indication of where technical and fundamental analysts think the GBPEUR price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy Euros, or if you should wait until the price improves. GBP weakened in …
Pound to Euro forecast – is now the best time to buy Euros from Pounds? Read More »
The Pound to US Dollar forecast is an indication of where technical and fundamental analysts think the GBPUSD price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy Dollars, or if you should wait until the price improves. The Dollar …
Pound to USD forecast: Is now a good time to buy US Dollars with Pounds? Read More »
Amazon (AMZN) is the third-largest company in the world by revenue Annual loss reported; AWS operating income excess $20 billion Stock remains bearish despite a bullish Wall Street Amazon Inc was conceived in 1994 when Jeff Bezos had a ‘calling’ in selling books over the internet. Like most Silicon Valley legends, Amazon grew from a …
Amazon (AMZN) struggles to reverse slide despite bullish Wall Street Read More »
New price highs are an important signal that alert traders and investors that demand outweighs supply (upside momentum is strong) Before new price highs are set, watch for 52-week breakouts Buy early to ride the breakout; stoplosses are recommended In February of 2023, the UK FTSE 100 rose to new highs. But how should you …
Should you buy stocks & stockmarkets at record highs? Read More »
