Today's good news: Shares of Tesla hit a new low for 2025. TSLA closed Tuesday at $221.86 – a fall of 41.50% for this year.
Today's good news: Shares of Tesla hit a new low for 2025. TSLA closed Tuesday at $221.86 – a fall of 41.50% for this year.
Windfall for European arms makers.
Weapons manufacturers across Europe are rushing to secure contracts after EU countries announced plans to dramatically increase defence spending.
Share prices of European arms companies had already risen sharply following the US decision to suspend military aid to Ukraine.
Well that didn't take long! #DejaVu!
Barely a month into his new #MAGA worm term and #DJT has tanked the markets again!
Rising global tensions = rising interest rates.#Trumptarded #tradewar threats wipe silly smiles off sinking S&P 500 #StockIndex. Grotesque gains since the election are gone, and in summary: #shitshow #SharePrices down today across globe on anxiety over the impact of #TrumpTariffs.
Latest On Expected #EconomicMeltdown At #FT : https://on.ft.com/4byvJlq #FollowTheMoney
While taking #shareprices as the only indicator of #economic success is a major problem (not least in #business media reporting), this comparison does tell us something about sentiment around UK listed firms (itself an imperfect analogue for UK-based firms).
Compared with World & World minus USA pricing, UK equities carry a larger discount against projected future earnings... suggesting #investors expect further upheavals in the UK's economy.
Its not the whole story but striking nonetheless
Some things to bear in mind when you see a news article about #SharePrices rising or falling.
Share price is, nominally, a function of how well rich people expect a company to do.
#GoodhartsLaw states that "When a measure becomes a target, it ceases to be a good measure". High share prices long ago became a target, and so have nothing to do with how well a company is doing; at most, they are now a function of how rich people expect them to change. #SelfFulfillingProphecy
Infographic – Biotech Index Shows Life, Ends Flat This Year
The Nasdaq Biotechnology Index, an indicator of #investor sentiment in science-based businesses, bounced back from its 2023 low point, but still ended down slightly for the year on 30 June.