Weekly outlook: Quarterly results from Amazon and Alphabet as US updates on unemployment
The key events for UK wealth managers for the week starting 20 July
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Bitcoin interest beats gold in Google first
Google searches for ‘buy bitcoin’ overtook searches to ‘buy gold’ for the first time in October according to precious metals trader BullionVault.
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Investors scorn Samsung over suspended Note 7 sales
Shares in the South Korean electronics company fell considerably (7.5%) after the company suspended production of its Galaxy Note 7 smartphone due to persistent safety problems.
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Monks’ NAV drops while Plowden hails growth stocks
Monks Investment Trust saw its NAV total return drop 3.5% during the six months to end October, while a drop in earnings per share (EPS) was blamed on this year’s management restructure.
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US bull market could be the longest in history – Artemis
There is nothing to suggest that the US equity bull market is over, says Artemis’ Simon Edelsten, and it has the potential to be the longest in history.
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Google results hit tech sector
Poor results from the likes of Google and IBM could point towards another tech bubble.
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Passing the break point five stocks besides Apple
Bolko Hohaus, portfolio manager of Lombard Odier Technology Fund, picks the following five technology stocks.
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google plunges after earnings mistake
Internet giant Google – a top holding of managers such as Fidelity’s Jeremy Podger – saw almost $20bn (£12.5bn) wiped off its value after the group’s third-quarter results were released early.
