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...His buyout of Sotheby’s was funded with billions of dollars in loans that were initially also secured on shares in key companies in his Altice telecoms empire (he then re-negotiated the terms to have this...
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...But one analyst has 130 times p/e. Robert ArmstrongOh. For their target. Anna MutohSo expectations are very high. Target, yeah. Ethan WuYeah. That’s nuts. So Amazon is the dominant ecommerce player....
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...And so we’re going to have to manage the impacts.”...
...Additional reporting by Robert Wright...
...“We just wanna have some fun before we’re sunk,” Smith announces in “We Make Hits”, a satirically catchy number about selling out....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com Apple the formerly magnificent Only five of the Magnificent 7 tech stocks are performing magnificently in 2024....
...You’re looking at like a 4 per cent dividend yield on the FTSE 100 nearly versus, you know, 1 per cent on the S&P 500....
...I am unconvinced that Reform UK are actually interested in . . . Robert ShrimsleyAre you implying they’re not serious, Miranda? Miranda GreenI am....
...(Robert laughs) So the S&P is up about 10 per cent this year. Some of the Mag Seven are up even more. Nvidia up almost 100 per cent, Microsoft chugging along, Alphabet....
...We’re also reading . . . Public debt: Jamaica halved its government debt-to-gross domestic product ratio in a decade, writes Soumaya Keynes. What can we learn from its example?...
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...We’re gonna talk about how that’s going on in the US but also in Europe and Japan. What’s pushed this over the line is that you weren’t here. (Laughter) Robert ArmstrongBenign neglect....
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...But as it continues to scale, monetise and prepare for a potential market debut, possibly in the US, Telegram will face increasing pressure to tame its dark underbelly. We’re also reading . . ....
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