FlowBank

1070 days ago

Investors dump biotech stocks that help solve COVID-19 virus...

“If share prices of these companies implicitly assume that many, many people will be treated every year then they’re clearly overvalued,” said Adam Barker, an analyst at Shore Capital.

#Technology

1070 days ago

Swiss Re sees net income grow

Swiss Re the swiss insurer saw net profits reach $333 million during the first three months of the year compared to a $225 million loss from a year earlier which was its worst loss since the financial crisis in 2008. The company said its April contract renewal swere up 4%, offsetting low interest rates. 

#Technology

1070 days ago

Old school TV providers can do nothing vs. Amazon and Netflix

You knew it already, but this chart looked good anyways. As you can see, the number of subscribers of Amazon and Netflix in the UK is simply smashing all other TV providers, with the exception of Sky (Brits are football fans after all). That's almost 13 million and 12 million subscribers for Netflix and Amazon respectively. 

#Stocks #Technology
Old school TV providers can do nothing vs. Amazon and Netflix

1071 days ago

Should we still really be expecting a trade rotation out of tech?

Whatever the answer, the facts are in the returns. Tech remains the top sector into 2021 by a massively wide margin. IPOs and SPACs continue to make the news every single day at an alarming rate and what were meant to be covid-era beneficiaries could just have become stakeholders in the economy of the future. 

#Technology

1071 days ago

Some of Europe's oldest tech companies are still going strong

''The Swedish telecommunications pioneer, founded in 1876, was one of the first companies to manufacture and market telephones. As for the Finnish Nokia, its history is a little different: once a manufacturer of toilet paper, the company became a conglomerate in the 20th century and then turned to the electronics industry in the 1960s, before becoming a leader in mobile telephony in the late 1990s.''

#Technology
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