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Offbeat tech numbers make Europe's investors braver

14:36  31 july  2020
14:36  31 july  2020 Source:   de.reuters.com

iShares Edge MSCI Europe Momentum Factor ETF: Selectively and widely spread on course drivers

 iShares Edge MSCI Europe Momentum Factor ETF: Selectively and widely spread on course drivers © WrightStudio / stock.adobe.com E European values ​​have recovered quite well from the corona shock. The MSCI Europe has still recorded a drop of eleven percent since the beginning of the year, but it has grown by around twelve percent in the past three months. Now, however, the industrialized countries organization OECD recently warned that the economic downturn will be even more serious this year than it initially feared. So is it better to reduce positions? © BÖRSE ONLINE Not mandatory.

Technology is poised to disrupt Europe ' s real estate market, and startups are reaping the benefits. We've created a list of the most active VC investors in the This year, VC investors have participated in 52 deals worth a combined €335 million in European proptech startups, per the PitchBook Platform

Kara Swisher: When this crisis is over, we should fear Big Tech more than ever. Trump Sees 100,000 U. S . Deaths; Europe Fatalities Slow. Investors Should Be Prepared for More Volatility: Caravel Concepts. Bill Gates says US system produces 'bogus' testing numbers .

A plastic bull figurine, symbol of the Frankfurt stock exchange is pictured in front of the share price index DAX board at the stock exchange in Frankfurt © Reuters / KAI PFAFFENBACH A plastic bull figurine, symbol of the Frankfurt stock exchange is pictured in front of the share price index DAX board at the stock exchange in Frankfurt

Frankfurt (Reuters) - Surprisingly strong numbers from the large US tech groups have given European investors confidence at the end of the week.

Dax and EuroStoxХ- $ both gained about 0.9 percent on Friday mornings to 12,498 and 3233 points, respectively. Stock marketers see signs of good results from Amazon, Facebook, the Google parent alphabet and Apple showing that the US economy is picking up steam again. "However, bargain hunters shouldn't rub their hands too early either," said Timo Emden from the analytical company of the same name. "The smoldering corona pandemic should continue to cause troubled nights for investors."

Ping An Insurance share: No transparency - investors should keep their distance

 Ping An Insurance share: No transparency - investors should keep their distance

The top 10,000 investors headquartered in Europe , by Crunchbase rank. Organizations in this hub have their headquarters located in Europe ; notable This list of investors headquartered in Europe provides data on their investment activities, fund raising history, portfolio companies, and recent news.

Investors Europe , Ebène, Plaines Wilhems, Mauritius. ⠀ 📍U. S . stocks closed lower Friday driven by the tech -heavy Nasdaq Composite which recorded its first back-to-back decline since mid-May, as tech stocks struggled . ⠀ 📍 European and Asian stocks also finished lower as investors worried

The number of new infections is increasing more strongly in many countries. In the US, more than 4.4 million have now been shown to be infected with the pathogen. The number of cases is also increasing in several European countries. In the second quarter, the pandemic caused the economy on both sides of the Atlantic to collapse, with the euro zone falling by 12.1 percent. "There is growing concern among investors that the economic recovery from the Corona shock could drag on," said Milan Cutkovic, market analyst at brokerage firm AxiTrader. "It doesn't take a complete lockdown to put the economy at risk again. Further restrictions and local closings would significantly damage consumer confidence and the business climate and slow the recovery."

Qualcomm results suggests the 5G iPhone will be slightly delayed

  Qualcomm results suggests the 5G iPhone will be slightly delayed Qualcomm reported its Q3 2020 earnings on Wednesday (PDF), and of course the company informed investors about how the transition to 5G may boost its business. Also, it’s signed a global patent licensing deal with Huawei that apparently isn’t affected the US government’s ban on sales to the company, but the part that jumped out is how it aligns with rumors of the iPhone 12 / 5G iPhone launch. In its upcoming Q4 results, Qualcomm is expecting “a partial impact from the delay of a global 5G flagship phone launch,” it didn’t name the phone but it didn’t really have to.

Rutte’s resistance will harm Europe ’ s recovery. With such negative sentiment towards the UK, a growing number of contrarian investors are scouring the London stock market for bargains, believing that the lack of clarity over the path Brexit takes is now more than discounted in the valuations of

Banks across Europe braced for further heavy loan-loss charges. Special Report European companies. With Brexit approaching, London again heads the list of cities playing host to these companies, with 74 of Europe ’ s fastest-growing businesses, beating Paris with 62 and Milan’s 25.

Gold remained in demand, which is considered a safe haven in the crisis. One troy ounce at $ 1979.90 was one percent more than the previous day, and the price was only just below the record high. "Traders and fund managers use gold to hedge against stock market turmoil and against a further fall in the dollar," said Carlo Alberto De Casa, chief analyst at ActivTrades brokerage.

The greenback has been under pressure for a while and recently intensified its fall. At times, one euro rose above the $ 1.19 mark, which is the highest level since May 2018. "The strong euro is becoming an increasing test for companies in the euro zone," said Thomas Altmann, portfolio manager at QC Partners.

PROSIEBEN UNDER PRUCK

ProSiebenSat.1 caused a sensation in the individual stocks: the shares fell 11.3 percent and were by far the biggest losers in the MDax. The television group feels the collapse of the advertising market in the Corona crisis, in the second quarter there were deep red numbers. A trader pointed out that there were no reliable estimates for the numbers. "The operating profit was as wide as a barn door, and the price was distorted anyway by Mediaset's purchases." The course should therefore not be given too much importance.

With an increase of up to 6.3 percent, the shares of the French BNP Paribas were temporarily at the top of the leading French index. The largest bank in the euro zone exceeded the analysts' expectations with its business figures. Things went particularly well in the investment business.

A planned billion capital increase was not well received by the shareholders of British Airways parent IAG. The papers slipped up to eight percent, making them the biggest loser on the London Stock Exchange. The airline wants to collect 2.75 billion euros on the market and thus increase its liquidity in the corona crisis.

The coronavirus has only made Big Tech more dominant .
One day after the CEOs of Amazon, Facebook, Apple and Google were grilled by Congress about whether their companies are too dominant, the businesses posted earnings results that showed they are only getting more dominant amid the pandemic. © Shutterstock Facebook said Thursday that it had more than 3 billion monthly active users in the June quarter across its apps, including Instagram and WhatsApp. The company said that number reflected "increased engagement as people around the world sheltered in place." Amazon posted quarterly revenue of $88.

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