It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Morgans AM: Monday, 8 May 2023
Manage episode 362682290 series 1086780
Contenuto fornito da Morgans Financial Limited and Morgans Financial. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Morgans Financial Limited and Morgans Financial o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
US equity markets rallied on Friday (5 May) to snap a four session losing streak, with regional bank shares rebounding from steep losses, and as investors digested the latest monthly jobs figures - Dow rallied +547-points or +1.65%, The broader S&P500 +1.85%, with Energy (up +2.75%), Information Technology (+2.71%), Financials (+2.44%) and Consumer Discretionary (+2.5%) gaining 2%+ to lead all elven primary sectors higher. The Nasdaq +2.25%. Apple Inc jumped +4.69% after posting better-than-expected first quarter numbers after the close of the previous session. Advanced Micro Devices (AMD) Inc gained +3.73% capping a two rebound of +9.84% that saw the chipmaker recoup a fall of over >9% last Wednesday (3 May) after better-than-expected first quarter headline numbers were overshadowed by an underwhelming outlook. The rebound came following a report that AMD was partnering with Microsoft Corp (+1.72%) to develop an in-house chip to handle artificial intelligence (AI) workloads. Microsoft has relied mostly on AMD’s larger rival Nvidia Corp (+4.06%) for its data-centre needs. The small capitalisation Russell 2000 rose +2.39%. Atlassian Corp fell -9.54% after the collaboration- and productivity-software company said late last Thursday (4 May) it expected business to get worse as companies keep cutting jobs. The company forecast revenue of US$900M to US$920M for the fiscal fourth quarter versus analysts’ consensus estimates for US$919.4M, stating in its letter to shareholders that cloud revenue faced “increasing macroeconomic impacts on paid seat [a paid user of Atlassian software] expansion from existing customers and new customer conversions, as well as headwinds in areas [where] we have yet to see significant impact.”
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3049 episodi
Manage episode 362682290 series 1086780
Contenuto fornito da Morgans Financial Limited and Morgans Financial. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Morgans Financial Limited and Morgans Financial o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
US equity markets rallied on Friday (5 May) to snap a four session losing streak, with regional bank shares rebounding from steep losses, and as investors digested the latest monthly jobs figures - Dow rallied +547-points or +1.65%, The broader S&P500 +1.85%, with Energy (up +2.75%), Information Technology (+2.71%), Financials (+2.44%) and Consumer Discretionary (+2.5%) gaining 2%+ to lead all elven primary sectors higher. The Nasdaq +2.25%. Apple Inc jumped +4.69% after posting better-than-expected first quarter numbers after the close of the previous session. Advanced Micro Devices (AMD) Inc gained +3.73% capping a two rebound of +9.84% that saw the chipmaker recoup a fall of over >9% last Wednesday (3 May) after better-than-expected first quarter headline numbers were overshadowed by an underwhelming outlook. The rebound came following a report that AMD was partnering with Microsoft Corp (+1.72%) to develop an in-house chip to handle artificial intelligence (AI) workloads. Microsoft has relied mostly on AMD’s larger rival Nvidia Corp (+4.06%) for its data-centre needs. The small capitalisation Russell 2000 rose +2.39%. Atlassian Corp fell -9.54% after the collaboration- and productivity-software company said late last Thursday (4 May) it expected business to get worse as companies keep cutting jobs. The company forecast revenue of US$900M to US$920M for the fiscal fourth quarter versus analysts’ consensus estimates for US$919.4M, stating in its letter to shareholders that cloud revenue faced “increasing macroeconomic impacts on paid seat [a paid user of Atlassian software] expansion from existing customers and new customer conversions, as well as headwinds in areas [where] we have yet to see significant impact.”
…
continue reading
3049 episodi
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