Hints and tips:
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...The move marks the first time a wholly foreign-owned enterprise will compete directly with domestic fund giants in a co-ordinated fund launch for identical products....
...The latest deal will give Argus an enterprise value of roughly $4.6bn, according to two people familiar with the matter....
...An Rmb2tn ($280bn) stock market “stabilisation fund” drawn from the offshore money of state-owned enterprises is reportedly being considered....
...“Platforms are dealing directly with enterprise clients,” he adds. “SMEs can work directly with Google and Meta.”...
...“We have never been to the frontline,” the enterprise chief says....
...Miguel Faria e Castro and Fernando Leibovici have used Google’s large language model PaLM to produce retrospective inflation forecasts for 2019-23, and compared them to the predictions of the Philly Fed’...
...Among its past investments are the Chuck E. Cheese restaurant chain....
...Both enterprises are owned by Vingroup. In March, a VinFast subsidiary entered into a 24-month agreement with GSM for the sale and delivery of up to 30,000 VinFast EV models....
...The number of $1bn-plus deals globally this year is on track to be the lowest since 2019, the S&P data shows....
...He now wants to diversify those gains “to create an enterprise equivalent to his energy interests”, according to one of his advisers....
...Some, like basic p/e’s, do look historically average, rather than expensive. But none looks cheap: Measures based on enterprise value, like EV over ebitda, look much the same....
...The billionaire’s flagship company Adani Enterprises more than doubled its profit after tax for the three months ending in March to Rs7.8bn ($95mn) from the same period last year....
...A sprawling mass of smokestacks and pipework, the Abreu e Lima project was originally launched in 2005 by then-president Luiz Inácio Lula da Silva as Brazil’s first new oil refinery in decades....
...Earlier this year, Shutterstock added text-to-image generation to its website using a version of OpenAI’s Dall-E 2 tool....
...When Emanuel’s Endeavor Group first bought into UFC in 2016, the mixed martial arts series had an enterprise value, including debt, of $4.1bn....
...That compares with the S&P 500’s similar trailing p/e of 21.2, which is down only a touch from a pre-pandemic 22, according to Bloomberg data....
...Its latest, called Designer, incorporates the Dall-E 2 image generator in a piece of software aimed at small businesses....
...s=20&t=y9CcwMAeSO94kODf-Nhtaw Some of this conviction is built upon a quasi-religious foundation that Tesla is the new Apple....
...The Faangs, in market cap terms, are numbers 1, 2, 3, 4 and 7 in the S&P 500....
...The group split off digital entertainment and fintech services into “e& life”, cyber security and artificial intelligence solutions into “e& enterprise”, while “e& capital” will focus on mergers and acquisitions...
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...S&P Global’s PMI survey showed business activity in the UK at a two-year low of 47.8, where 50 marks the line between contraction and expansion....
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