US Independence Day, 2021: the American economy still leads the world

On July 4th, the United States will celebrate its 245th Independence Day. Despite being the strongest economy in the world, the US has gone through economic slumps from time to time. However, it has remained resilient, and a manifestation of that is that the dollar remains the world’s preferred currency. From meagre beginnings to economicContinue reading “US Independence Day, 2021: the American economy still leads the world”

How to invest in Chip-tech stocks

If you are reading this, you are using a semiconductor, otherwise known as a “computer chip.” The small processing unit is one of the most widely used elements in contemporary technology and can be found in anything from your wristwatch, to your washing machine to billion-dollar space stations. With such a dominant presence in ourContinue reading “How to invest in Chip-tech stocks”

Euro 2020: from TV rights to sponsorship, meet the brands behind the tourney

After five years of waiting, the 16th European Nations Football Championship, also known as “Euro 2020,” is in full swing, as the round of top 16 continues today. This year, the tournament is making history, as for the first time ever, it is being played in eleven countries. Euro 2020 broadcasting rights UEFA, which organisesContinue reading “Euro 2020: from TV rights to sponsorship, meet the brands behind the tourney”

Wall Street rallies to new highs

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for TaskUs Inc. (TASK), Globalstar (GSAT), Smith & Wesson (SWBI), Ocugen Inc. (OCGN) and PubMatic Inc. (PUBM). TaskUs Inc. (TASK) shares soared to a new high following the data outsourcing firm’s recent IPO.  Shares of tech communications company Globalstar (GSAT) jumped followingContinue reading “Wall Street rallies to new highs”

What are meme stocks? The people-driven market phenomenon explained

From GameStop to AMC, “meme stocks” have become an overnight sensation in global stock markets. These Internet forum-driven stocks have attracted new retail investors into the market and left many hedge fund managers scratching their heads, as they try to tackle this new investment phenomenon. But what exactly are meme stocks and are they hereContinue reading “What are meme stocks? The people-driven market phenomenon explained”

US stocks hit a slump

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Anavex Life Sciences Corp. (AVXL), MicroStrategy Inc. (MSTR), Monday.com (MNDY), Sunrun Inc. (RUN) and MongoDB Inc. (MDB). Anavex Life Sciences Corp. (AVXL) shares soared when peer-reviewed research on two of the biotech company’s pipeline drugs was published.  Shares ofContinue reading “US stocks hit a slump”

S&P 500 tops previous record

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Urban One Inc. (UONE), Evofem Biosciences Inc. (EVFM), Biogen Inc. (BIIB), Monday.com (MNDY) and Marqeta Inc. (MQ). Urban One Inc. (UONE) shares continued to soar amid investor anticipation of Juneteenth, which celebrates the emancipation of slaves in the US, followingContinue reading “S&P 500 tops previous record”

Electric vehicle stocks: the competition is heating up

It is no secret that the electric vehicle (EV) industry has been booming in recent years. With climate change and sustainability becoming more of a focus, sales of EVs have soared. In 2020, global EV sales rose by 43%¹ to 3.2 million, despite the fact that overall car sales declined by 16% due to the coronavirusContinue reading “Electric vehicle stocks: the competition is heating up”

Resurgence tourism an opportunity for investors

In view of rising vaccination rates in Europe and the upcoming summer holiday period, the tourism sector offers opportunities for private investors. “The recovery in tourism is being driven by domestic travel in the countries where vaccination coverage is high,” said Ben Laidler, Global Markets Strategist at the eToro trading platform. “For domestic tourism, weContinue reading “Resurgence tourism an opportunity for investors”

How higher inflation relates to diversification

The importance of diversifying your portfolio cannot be emphasised enough. Diversification is a risk management strategy in which you invest in a variety of different financial assets, and which, in the event of significant market volatility, may reduce your chances of incurring major losses. The importance of diversification can be illustrated in the high inflation period happeningContinue reading “How higher inflation relates to diversification”

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