Investors betting huge amounts on Brexit

Investors in British companies are taking a stand against cheap takeovers. Shares in UK-listed groups like Spire Healthcare (SPI.L) and Vectura (VEC.L) are trading above the price of recently agreed offers. Big shareholders including Allianz Global Investors complain that some deals are too cheap, while merger arbitrageurs are betting on higher bids. But buyers have good reasons to hold … Continue reading Investors betting huge amounts on Brexit

U.S. stocks rise as Trump exits the White House

U.S. stocks rose on Tuesday, the last day of Donald Trump's presidency. It was a fitting farewell as numerous records were set during the Trump era, many of them since the devastating pandemic which has taken hundreds of thousands of lives, and smashed the economy. Halliburton shares, technology stock were in demand, as were leading … Continue reading U.S. stocks rise as Trump exits the White House

Bill Gates reclaims ‘world’s richest person’ title from Amazon CEO Jeff Bezos

Jeff Bezos is taking a fall from his perch as the world's richest person, mostly because Amazon's stock price has fallen. That cut into Bezos' wealth, Bloomberg reports, though not so you'd notice. Bezos is at $107.1 billion at the moment, about $300 million less than Gates, according to the Bloomberg Billionaires Index. It's the first time Microsoft's … Continue reading Bill Gates reclaims ‘world’s richest person’ title from Amazon CEO Jeff Bezos

How to think and grow rich like Warren Buffet

  Warren Buffet is great with numbers, and I love math, too. But being good with numbers doesn’t necessarily correlate with being a good investor. Warren doesn’t outperform other investors because he computes odds better. That’s not it at all. Warren never makes an investment where the difference between doing it and not doing it … Continue reading How to think and grow rich like Warren Buffet

Why Facebook earnings report caused massive drop in stock value

Facebook on Thursday published its earnings report with forecast of decline in revenue. The market development triggered a significant fall of company’s stocks value and investors are reportedly scared of a slow-down in the social network giant’s revenue growth. Facebook shares dropped over 19% in trading on Thursday, a market trend which has been the … Continue reading Why Facebook earnings report caused massive drop in stock value