FlowBank

1332 days ago

App spending could pass $100 billion in 2020

2/3 of this global consumer spending goes into Apple (AAPL) store

#Stocks
Appl spending Apple and Google

1332 days ago

Goldman is raising its target price on Tencent

On Tencent's US exposure: "we estimate WeChat has <5mn users in the US vs. its combined MAU of 1.2bn, and its portfolio holdings in the US assets listed totaled c.US$26bn, i.e. 3.6% of its NAV". On the fundamental story; "Looking ahead, Tencent's game tech, IP and portfolio, and the launch of major titles, mDnF, CODm and WildRift should drive the company's market share gains and therefore earnings. Meanwhile, the portfolio of 800 companies, worth US$165bn (see Exhibit 18), continues to create shareholder value. Based on Tencent's investment track record, the gaming giant is also one of the world's most successful tech investors that adds significant value to 100s of its investees via providing capital/strategic/operational resources" (source: The Market Ear)

#Stocks
Goldman raises Tencent Target price

1332 days ago

Half of the Nasdaq's gain off the March lows has come on Mondays

The Nasdaq was actually down yesterday - source: Bespoke

#Stocks

1332 days ago

The Alligator gap: S&P 500 and US 10 year bond yield

The gap keeps widening - source: JP Morgan 

#Stocks #Bonds
S&P 500 vs. 10 year yield

1332 days ago

Tech valuation is just above median

MSCI World Tech 12m Fwd. P/E relative (source: IBES, The Market Ear)

#Stocks
Tech valuation just above median
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