What to watch Intuit: Finance and accounting software firm Intuit has gained 35% in 2020, including a 14% increase over the past three months. The firm sells popular products TurboTax and QuickBooks, and owns a huge portion of the online tax preparation market in the US. Intuit delivers its latest set of quarterly earnings today,…
Read more
What to watch Nvidia: GPU (graphics processing unit) maker Nvidia’s stock has been a high flyer in 2020, adding 128% year-to-date, as it has benefited from companies needing to spend on data centers and consumers stuck at home turning to video games. Today after the market close, the company will deliver its Q3 results, where…
Read more
What to watch Walmart: Supermarket giant Walmart has gained 28% in 2020 so far, as its status as a seller of essential goods meant it was able to keep stores open during Covid-19. The business has also had substantial success with its online efforts and has launched Amazon Prime rival Walmart+ this year. The firm…
Read more
What to watch Palo Alto Networks: Cybersecurity has been an industry in the spotlight this year, as mass working from home and companies shifting to the cloud has necessitated an overhaul of security systems. Palo Alto Networks has gained 12% this year, taking its market cap close to the $25bn mark. The company delivers its…
Read more
What to watch Draftkings: Fantasy sport and betting firm Draftkings has more than doubled its share since it went public through a merger in April. Despite the interruption of many sporting seasons the closure of physical casinos due to the pandemic gave demand for online gambling a huge boost. The company delivers its latest set…
Read more
Eventus Systems, Inc., global provider of multi-asset class trade surveillance and market risk solutions, announced today that 100x Group, the holding structure for BitMEX, has chosen Eventus to support BitMEX’s trade surveillance and Anti-Money Laundering (AML) transaction monitoring. Cryptocurrency products trading platform BitMEX will deploy the cloud-based version of the Eventus Validus platform within the…
Read more
What to watch The Walt Disney Co: Theme park and entertainment giant Disney has been one firm buoyed by Pfizer’s 90% effective vaccine trial results, which potentially open up a route to a return to normal operations. The firm has faced disruptions both to its parks and to its movie/television production and distribution efforts. Over…
Read more
What to watch Air Products and Chemicals: Gas and chemicals company Air Products & Chemicals has added 31.9% to its share price in 2020 so far, as the necessity of its products has offered it protection against the Covid-19 pandemic. This week, the firm said that it plans to launch a new liquid hydrogen production…
Read more
What to watch Tencent Music Entertainment Group: TME is a joint venture between Chinese tech firm Tencent and Spotify to develop music streaming for the Chinese market, where its apps have more than 100 million paying subscribers. The firm, which has a US listing, has gained 28.8% in 2020 so far, behind the 63% and…
Read more
AstraZeneca pauses Covid-19 vaccine trial The pound continued to slump yesterday, falling below $1.30 after reports that the UK is stepping up preparations for a possible no-deal Brexit. The tumbling pound buffered UK stocks from the broader Tuesday sell-off globally (as large UK firms make a significant proportion of their money overseas in other currencies)…
Read more