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.
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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.
The dominance of Naspers over the South African stock market is about to be reduced – partially at least. And that’s good news for a number of fund managers.
When Naspers’s Latin America chief cold-called Alec Oxenford in 2010, he got straight to the point: he wanted to buy a majority stake of the Argentinian entrepreneur’s online classifieds business.
Apple, one of the most cash-rich companies in the world, is still looking to get a piece of the ultra-cheap money that’s up for grabs in the bond market.
Shares in JSE-listed technology company Mustek leapt higher on Wednesday after it told shareholders it expects full-year headline earnings per share to be as much as 38% higher than a year ago.