Just when investors think they have got the measure of Tesla (TSLA:NASDAQ), Elon Musk drops a bomb. Having feared the worst, Tesla?s first quarter (Q1) 2024 report (25 April) gave investors the clarity they were seeking on mass-market vehicles, and while detail remains thin, Musk said production would likely begin ?in early 2025, if not later this year? and would include ?more affordable models.?T

London?s blue-chips remained in demand, pushing to new highs, with investors hoping US inflation data later does not derail the optimistic mood.In the FTSE 100, ConvaTec was an outlier, after Peel Hunt downgraded the firm?s investment rating. On the other side of the index was NatWest, with a set of well received results.The FTSE 100 index was up 35.73 points, 0.4%, at 8,114.59. The FTSE 250 was u

Interest rates are expected to stay higher for longer to combat the sticky inflation which remains a threat to investors? hard-earned wealth and purchasing power. During periods of high inflation, it is crucial to invest in companies that possess pricing power, because these firms can pass on increased costs to customers, enabling them to maintain profit margins and generate the robust cash flows

A classic example of a superb business with staying power, The Coca-Cola Company (KO:NYSE) is blessed with iconic brands spearheaded by Coca-Cola or ?Coke?, the world?s most recognised soft drink synonymous with its red cans.Coca-Cola?s brands resonate with consumers around the world, making the New York-listed group?s products the beverage of choice for billions when at home or on the move.Powerf

Mitie (MTO) 105pMarket cap: £1.4 billionFounded in 1987, Mitie Group (MTO) is the UK?s largest facilities management company looking after two and a half million assets for more than 3,000 customers.The firm takes care of buildings from banks to retailers, schools, hospitals and critical government sites, as well as the people who work in them, helping make them safer, more efficient and greener.

This year, Apple (AAPL:NASDAQ) shares have fallen nearly 9%. If that doesn?t sound like a big deal, consider that for the world?s second most valuable company it means the loss of something like $230 billion. That?s the equivalent of an entire PepsiCo (PEP:NASDAQ), or Shell (SHEL) ? the UK?s current largest company ? plus a British American Tobacco (BATS) thrown in.On a one-year view, the stock ha

The cruise industry is enjoying an unprecedented boom with around 35.7 million passengers expected to book a trip this year, up from 31.5 million in 2023 and 6% more than the number of passengers who set sail in 2019 according to the CLIA (Cruise Lines International Association).Going on a cruise holiday is slowly become a more popular alternative then jumping on a plane or a high-speed train to E

Apollo looking to break up businessLeaderless status leaves firm vulnerableActivist Eminence Capital has board seatShares in bookmaker Entain (ENT) topped the FTSE 100, climbing 5% to 826p on rumours private equity groups including Apollo are eying a potential break-up of the Ladbrokes and Coral owner after it initiated a formal review of the group?s structure amid activist pressure.The Times news

In retrospect, it seems clear the tipping point for AI (artificial intelligence) was the release in November 2022 of OpenAI?s free-to use ChatGPT system.Until that point, most AI products were being developed privately and weren?t widely available to the public, added to which most were fairly clunky whereas ChatGPT was able to interact in a conversational way, answering questions, challenging inc

Full-year sales forecast confirmedSale of RollerCoaster rights for $7mTrading in line and improved cash positionShares in beleaguered fantasy video game maker Frontier Developments (FDEV:AIM) jumped 14% to 159.4p after the firm reaffirmed its full-year revenue guidance and reported an ?improving? cash position.The relief rally comes after the company cut its revenue target last November sending th

The world of fantasy is clearly having a moment. The rise of ?romantasy? authors like Sarah J Maas, who has been a big part of UK publishing outfit Bloomsbury?s (BMY) recent success, have taken the genre out of its previous male-dominated realm to a whole new audience.Bloomsbury?s surging sales and the ongoing phenomenon that is Games Workshop (GAW) are two examples on the UK market which show the

My mother wants to pass some money over to invest in my daughter?s future. She was considering whether she could set up a Junior ISA and then how much she could pay into it. My daughter turns 16 in a couple of months? time.AndrewRachel Vahey, AJ Bell Head of Public Policy, says:A Junior ISA can be a fantastic way to save tax-efficiently for a child?s future. Up to £9,000 can be invested each yea

The FTSE 100 came off session lows but still struggled to find its groove heading into Tuesday afternoon, with share price falls for miners meaning it underperformed continental peers.The FTSE 100 index was up just 3.00 points at 7,920.57. The FTSE 250 was up a more convincing 90.13 points, 0.5%, at 19,703.66, while the AIM All-Share was down just 0.02 of a point at 737.24.The Cboe UK 100 was marg

New guidance sees strong US profit growthRevenue forecast to be up 17.5% and EBITDA up 30%US primary listing shareholder vote on 1 May 2024Online sports betting group Flutter Entertainment (FLTR) topped the FTSE gainers, notching-up a new all-time high of £179.75 after forecasting strong growth in 2024 at its market leading US fantasy sports betting brand FanDuel.The shares are up 24% over the la

Q3 trading in line with expectationsDividend of 105p declaredRecord first halfFantasy miniatures maker Games Workshop (GAW) gave its customary brief trading update and declared a dividend of 105p per share, equating to total dividends in the current financial year to 420p.The shares traded up 2% to £102.50 on the news, taking gains over the past year to 17.3% compared with a 5% rise in the mid-ca

?At least? £1 billion earmarked for buy-insPortfolio delivering strong resultsSignals confidence in portfolio valuationsFallen growth star Scottish Mortgage (SMT) has set aside at least £1 billion for share buybacks over the next two years as the FTSE 100 trust seeks to narrow its wide share price discount to NAV (net asset value), news which sent the shares up 2.1% to 797.2p on Friday morning.F

Shares in publishing outfit Bloomsbury Publishing (BMY) hit a record level on 14 February after the firm raised its guidance for the year ending 29 February 2024.Over the past year, Bloomsbury shares have gained 22% and over five years 137% to sit at 536p. The publisher has clearly benefited from the revival of reading which started during the pandemic and the ability to tap into popular genres li

EV fantasy Project Titan ditched after more than a decade of rumourInvestors have been critical over Apple?s slow AI embraceCould this be a trigger for share price performance revival?An Apple (AAPL:NASDAQ) electric car always sounded terribly exciting, capturing the imagination of futurists, but rationality seems to have finally dawned at Cupertino. You can argue that Apple is a device maker, and

For years now, European equities have struggled to keep pace with their US counterparts, but the historically low valuations on the ?old continent? mean we could be at an inflection point with investors beginning to take notice at long last.European equities have attracted increased attention from investors in recent weeks as the US market has charged ever higher, leaving the valuations of global

The world?s biggest stock market by market capitalisation, America, is making headlines as it sets new all-time highs and the second largest arena, China, is making them for the wrong ones, as the Shanghai Composite index is no higher now than it was in 2007, thanks to a soggy economy and a spectacular property bust. But perhaps the biggest surprise to many investors will be the renaissance of the