Stocks begin 2021 on a strong note as investors look for the global recovery to accelerate and prepare for a busy month of news and events.
2020 was one of the most dramatic years in the history of investing as the coronavirus pandemic accelerated key trends in the stock market. 2020’s… Read More »Tesla Led the S&P 500 in One of the Most Dramatic Years in the History of the Stock Market
Take the good news first: Apple (AAPL) is starting to move beyond its reliance on smart phones and shifting into longer-lasting businesses. Revenue from services and wearables both rose more than expected, while record buybacks helped lift per-share earnings.
Alibaba has barely been
trading at the NYSE for five years. The company had its IPO on 18th September 2014, and by close of trade, Alibaba had raised US$25 billion. It’s still the world’s highest IPO valuation to date. The next morning, when Alibaba officially started its run in the NYSE, the company was valued at US$231 billion, a figure it has doubled in half a decade. It holds position 9 in the list of the Top 10 global companies by brand value.