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...But Thomas Monteiro, an analyst at Investing.com, said Uber was “too dependent on user growth” that was naturally limited, and that he would be watching for how the company planned to innovate for efficiency...
...It was the first to strip bondholders of the long-held one bond, one vote tradition in a deal for Ancestry.com in 2020....
...Letter from the editor How will democracy fare in 2024?...
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...and (hopefully) better service On Twitter, follow Claire Bushey (@Claire_Bushey) and Michela Tindera (@mtindera07) Read a transcript of this episode on FT.com...
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...MAGA Inc, a fundraising vehicle supporting Trump, released an ad this week showing Biden stumbling, looking confused and struggling to find his words. “We can all see Joe Biden’s weakness....
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...Companies that provide cloud storage with add-ons (so-called infrastructure-as-a-service) like Amazon and Microsoft should fare better than those focusing on software-as-a-service....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Retail week, part I: Home Depot (and the retail sales report) The first leg of this week’s Home Depot/Target/Walmart results trifecta is in....
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...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The midterms will be bad news for investors The Republicans are very likely to take control of the House next week....
...But this could stand UK investors in good stead in the current environment, he added, given that sectors like oil and mining tend to fare better than high growth stocks during periods of inflation....
...Email me your thoughts at laurence.fletcher@ft.com. Baillie Gifford’s $14bn hit Also feeling the effects of the bear market is £228bn-in-assets fund firm Baillie Gifford....
...That is the lowest in at least a decade. But the ETF keeps gobbling up market share....
...Sustainalytics, a sustainable rating agency owned by research house Morningstar, gives Amazon an ESG risk rating of “high risk”, ranking it 450 out of 457 companies in its retailing industry group — where 1 is the lowest...
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