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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
April 23, 2024
LexIntuit Inc
AI boom can even work on your taxes Premium content
...The stock has gained nearly 40 per cent over the past 12 months, outpacing the S&P 500’s 20 per cent rise....
April 22, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Lex PopuliMarks & Spencer Group PLC
M&S ‘superapp’ will need a long shelf life
...Brand and marketing spending is on the up: from 13 per cent of sales in 2022 to 14.3 per cent last year. The cost cuts will create space for more. The snag is that investors have been here before....
March 21, 2024
US & Canadian companies
S&P Global close to acquisition of research platform Visible Alpha
...For the investment banks, the sale would represent a successful exit for a business they had founded nine years ago to better monetise their research and data....
February 19, 2024
Scoreboard
F1’s new Red Bull problem Premium content
...Those benefits, known as name, image and likeness (NIL) compensation, allow companies to sponsor athletes for product marketing, and indeed some stars have made millions....
March 9, 2024
News updates from January 22: US and UK launch new strikes at Houthis, Arnault to tap sons to LVMH board
S4’s Martin Sorrell warns of tough 2024 as advertising clients stay cautious
...S4 Capital boss Martin Sorrell has warned that the global economy is unlikely to show improvement this year, with clients expected to remain cautious over spending on new advertising and marketing projects...
January 22, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News in-depthTechnology regulation
Blind internet users struggle with error-prone AI aids
...Its founder and chief executive Timothy Springer has addressed some of the criticisms of UserWay’s technology and has promised accuracy and transparency in Level Access marketing....
April 7, 2024
Unhedged
What’s wrong with Apple? Premium content
...Sales growth is set to stay soft because of both the smartphone replacement cycle and weak sales in China....
April 2, 2024
UK retail results
Tesco and M&S emerge as winners from Christmas trading
...The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
January 11, 2024
South Africa
S Africa proposes ‘innovative’ medical tourism plan allowing use of rhino horn
...strategy document includes allowing initiatives such as “health clinics to administer traditional remedies using rhino horn for health tourists from the Far East, or ivory carving being done locally for local sale...
April 6, 2024
UnhedgedRobert Armstrong
Higher earnings, please Premium content
...The S&P 500 is much more heavily weighted to information technology and communications, due to the impact of the very large technology companies, and is correspondingly lighter on most everything else:...
April 8, 2024
News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Fifth straight S&P 500 record in play as US stocks waver
...The S&P 500 rose as much as 0.6 per cent in early trading, but gave up most of the gains and was up just 0.1 per cent by mid-afternoon....
January 25, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...S&P said companies had reported slightly higher increases in their selling prices than the previous month, driven by rising labour costs as well as increased energy and fuel prices, which “hint at stubborn...
April 23, 2024
Eurozone economy
Eurozone downturn eases despite German factory decline, survey finds
...But it added that “the disinflationary process remained fragile and letting up too early could undo some of the progress made”....
February 22, 2024
LexArtificial intelligence
How ‘open’ is generative AI really? Not very Premium content
...That highlights the importance of a pre-packaged product and a sales team which can explain its use cases. The distance between the two sides in this debate risks being overstated....
April 17, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Equities
Small stocks, big problems
...S&P 500 stock....
April 17, 2024
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...By contrast clothing and home sales in M&S’s most recent quarter grew 4.8 per cent, ahead of the market....
March 16, 2024
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
US stocks turn lower as retail sales data signals strong consumer
...Treasury yields rose in the morning and accelerated after the retail sales report, climbing 0.13 percentage points to 4.63 per cent on the 10-year bond, a five-month high....
April 15, 2024
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
Markets update: US stocks rally on stronger than expected retail sales
...Monday’s equity moves came after US retail sales proved stronger than expected, in the latest sign of economic resilience....
April 15, 2024
888 Holdings PLC
888 warns of profit hit from AI and marketing costs
...The profit warning — 888’s second since September last year — is driven by rising investment in automation, AI-powered data and research, and marketing, offsetting a hoped-for £30mn boost from a cost-saving...
January 17, 2024
Ocado Group PLC
Ocado threatens M&S with legal action over joint venture payment
...Tim Steiner, Ocado’s chief executive and co-founder, insisted the relationship with M&S was strong, but added: “We believe that we have a very solid case to get full payment, we know that M&S may not entirely...
February 29, 2024
US equities
Magnificent Seven’s grip on markets slips as investors look past AI hype
...In contrast, Apple investors have been spooked by weaker sales in China and Tesla was hit by a warning about slowing growth....
February 4, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
April 2, 2024
Unhedged
It’s much more than just a tech rally Premium content
...Small caps and value stocks have not done as well as big caps and growth, but they have done darn well: More than 1,300 of the S&P 1,500 stocks have positive returns over the period....
February 27, 2024
Investing in funds
Index providers are massively dull — and massively profitable
...The “Big Three” of financial benchmarks are MSCI, S&P Dow Jones Indices and FTSE Russell....
March 19, 2024

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