Bill Gates, who knows a thing or two about antitrust investigations, doesn’t think it’s a good idea to break up the biggest US technology companies as some politicians have suggested.
Browsing: Investment
Shares in Alviva Holdings rose almost 5% on Monday after the technology group reported full-year revenue up 17% to R15.9-billion. Headline earnings per share climbed 9% to R2.97.
As WeWork continues its stumble to the public markets, some prognosticators see this moment as something more significant: that a WeWork belly-flop portends the end of the unicorn era in Silicon Valley.
Prosus, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock.
Goldman Sachs is growing concerned about Apple, and it is not alone. While shares of the iPhone maker have been stronger of late, the advance comes in contrast to a darker view toward the stock from analysts.
The astonishing things is that shareholders were asked to approve the new scheme – and did – without knowing what the performance condition was.
At current levels, Apple has a valuation of about $1.02 trillion, putting it slightly under Microsoft, the largest publicly traded US stock, with a valuation of $1.05-trillion.
Investors piled into Naspers’s newly listed Dutch unit, holding assets including a lucrative stake in Tencent Holdings, sending its shares soaring on their trading debut in Amsterdam.
WeWork fails on nearly all the criteria which determine whether a tech start-up is likely to be successful in the long term.
Jack Ma is giving up the reins of Alibaba Group after presiding over one of the most spectacular creations of wealth the world has ever seen.