Top Stories
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Should you invest in Lloyds Bank?
Lloyds Bank’s share price has dropped by around 13% last month, at the lowest level the bank has seen in six months. This followed a ruling by the Court of Appeal which stated that paying commissions to car dealers for loans was unlawful. As a result, the bank might have to face up to £3.9bn…
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Why did Microsoft stocks tumble today?
The Microsoft Earnings report released today exceeded Wall Street’s expectations. The company’s revenues increased to $65.59 billion (16% increase), led by strong growth in its Azure cloud computing platform. Despite the good news, share prices tumbled by more than 5%. In the Earnings report, Microsoft warned that they would be stepping up investment on AI…
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What are the effects of the Autumn Statement?
Today, Chancellor Rachel Reeves delivered Labour’s first budget in more than a decade. The speech features £40bn in tax hikes, an increase in employer National Insurance contributions, and the confirmation of VAT on Private Schools. What does the £40bn in Tax Hike mean for your finances? The Chancellor has raised the basic Capital Gains rate…
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Apple’s Next Big Move?
Investors of Apple are going through a quiet period as they await the earnings announcement that will be released on October 31st. Despite being the top seller of smartphones in 2023, analysts are starting to get concerned. Apple shares have been downgraded to “Sell” by Brandon Nispel from KeyBanc Capital Markets, citing that “Apple has…
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Should I still buy Tesla shares?
Tesla has had a rough time over the past year. This is a result of the challenging economic backdrop, caused by weakening demand from China and supply chain issues. Tesla shares hit a peak of $415 in November 2021, sliding down to $106 in 2022. Tesla delivered good news to investors on October 23. Its…
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