What’s going on? The global supply of publicly listed stocks (meaning the size of new shares issued, minus that of shares bought back) is shrinking at its fastest pace in at least 25 years (JPMorgan) What does this mean? Why should I care? The bigger picture: The situation is quite adverse Zooming out: Maybe staying private isn’t…
Tag: stock
Ep 180: Alibaba’s 2Q joy and misery
What’s going on? Alibaba reported surprisingly good Q2 results. What does this mean? One special thing about Alibaba is that it’s so big that at least one of its businesses is destined to thrive in any market scenario. This time, those businesses are: Taocaicai’s (fresh food platform), whose transactions value boomed by more than 200%…
Ep 170: Record-breaking year of M&A and what’s behind
What’s going on? 2021 is on track to become a record-breaking year for M&A, with plenty of companies reporting double or triple-digit % increases in the # of deals they’re striking vs last year. What does this mean? $4 trillion worth of deals have taken place since the start of 2021, more than twice this time…
Ep 168: China’s slower manufacturing activity and growth forecast, and the Eurozone’s CO2 emission price boom
What’s going on? In August, China’s manufacturing activity shrank for the first time since April 2020. What does this mean? China’s economy seems to be finally slowing down after having outperformed its rivals’ during the pandemic: a widely followed manufacturing activity survey (asking factory managers how busy they’ve been compared to the month before) showed activity in…
Ep 165: Wake the US stock market up when September ends
What’s going on? The US stock market hit another record high, but there are signs that this hype is fading soon. What does this mean? The S&P 500 has delivered a positive September-return in less than half the time since World War 2 (reported by research firm CFRA). For this year’s September, The key US…
Ep 153: Foxconn’s positive quarterly result and the electronics industry
What’s going on? Foxconn (Taiwanese electronics giant) released a surprising pleasant quarterly yoy growth of 30% yoy, while reducing future sales forcast. What does this mean? Foxconn is the world’s largest manufacturer of electronic equipment for other companies, including iPhones for Apple. Strong demand for smartphones and other consumer gadgets helped its profit surge beyond…
Ep 152: SoftBank’s sad quarter and the Chinese startup investment landscape
What’s going on? SoftBank (Japanese tech conglomerate) updated disappointing quarterly results, which was 40% lower yoy. What does this mean? This shrink is partially due to the large stakes of Chinese companies that Softbank owns. The Chinese government has taken severe measures against local firms with US-listed shares E.g: Didi’s share price have decreased by the same amount…
Ep 151: The return of Saudi Aramco and the oil industry
What’s going on? After a tough time, oil producer performance is rising again. The world’s largest, Saudi Aramco, is the latest to report much-improved profit. What does this mean? As major economies reopen, commodity prices have surged: oil is up more than 30% so far in 2021, which is much more optimistic than the deep…
Ep 150: Fintech M&A with Square and Afterpay
What’s going on? Square (US payments giant) announced their plan to buy Afterpay (Australian fintech) for $29bn. What does this mean? Afterpay Afterpay is a buy-now-pay-later company that lets customers spread the cost of an online purchase over a period of time. If customers make payments on time, they don’t have to pay interests on…
Ep 134: SoftBank’s flourishing result
What’s going on? SoftBank – a Japanese conglomerate, reported better-than-expected earnings after its investment in DoorDash really delivered. What does that mean? Both the global rally in tech stocks and the booming demand for IPOs has led to SoftBank’s doing well in private investments, leading to a record profit for its Vision Fund – the…
with HT 