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FTSE 100 starts lower as US tech earnings disappoint, EasyJet and Reckitt rise - Market Report
Manage episode 430487685 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The FTSE 100 has shifted lower as several stocks suffered negative read-across after updates from larger international rivals. Burberry continued its downward momentum after French luxury giant LVMH warned that a slowdown in China had led to lower sales in the second quarter. Meanwhile, tech investment group Scottish Mortgage also fell at the open as Tesla missed its profit guidance while Google owner Alphabet came in under on its YouTube ad revenue estimates. On the other end was Easyjet, which gained altitude on the back of third-quarter results. Profits rose 16% and summer bookings impressed after Ryanair's warning this week. Also rising was Reckitt Benckiser after it announced a sweeping reorganisation of its business that will see it dispose of ‘non-core’ brands. The fast-moving consumer goods conglomerate plans to get rid of Air Wick, Mortein, Calgon, Cillit Bang and other non-core products from its home care range. In mid-caps, Aston Martin Lagonda rallied after reiterating full-year guidance despite reporting lower sales and larger losses in the second quarter. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #easyjet #ryanair #alphabet #youtube #scottishmortgage #google #burberry #lvmh #reckittbeckiser #astonmartinlagonda #astinmartin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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Manage episode 430487685 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The FTSE 100 has shifted lower as several stocks suffered negative read-across after updates from larger international rivals. Burberry continued its downward momentum after French luxury giant LVMH warned that a slowdown in China had led to lower sales in the second quarter. Meanwhile, tech investment group Scottish Mortgage also fell at the open as Tesla missed its profit guidance while Google owner Alphabet came in under on its YouTube ad revenue estimates. On the other end was Easyjet, which gained altitude on the back of third-quarter results. Profits rose 16% and summer bookings impressed after Ryanair's warning this week. Also rising was Reckitt Benckiser after it announced a sweeping reorganisation of its business that will see it dispose of ‘non-core’ brands. The fast-moving consumer goods conglomerate plans to get rid of Air Wick, Mortein, Calgon, Cillit Bang and other non-core products from its home care range. In mid-caps, Aston Martin Lagonda rallied after reiterating full-year guidance despite reporting lower sales and larger losses in the second quarter. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #easyjet #ryanair #alphabet #youtube #scottishmortgage #google #burberry #lvmh #reckittbeckiser #astonmartinlagonda #astinmartin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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Similar to Proactive - Interviews for investors
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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This famously is the year of elections. So the Stephanomics feed has been taken over by our bonus series, Voternomics. It’s a weekly look at the way geopolitics - and elections - are upending the longstanding assumptions of policymakers and business people around the world. Hosted by Stephanie Flanders, head of Bloomberg Economics and former BBC economics editor, former government advisor Allegra Stratton and Opinion columnist and author Adrian Wooldridge.
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Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
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…
continue reading
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Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
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