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...S&P 500 hit an all-time high on Friday but, as my colleagues Nicholas Megaw and Kate Duguid have pointed out, stocks limped to the summit....
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...While four of the seven have continued to outperform the wider stock market, Alphabet has lagged behind the S&P 500, and Tesla and Apple have been the two largest drags on the index....
...Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes from peers, adding up to a total of $658bn, according to data from S&P Global....
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...“It’s a bit more wholesome and friendly and optimistic,” he explains. “It’s a prodigal son story.”...
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...Farrell, perhaps best known for his cathartic, hilarious memoir of a Labour activist, 1998’s Things Can Only Get Better, is at his best mocking the absurdities of his own political tribe....
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