Global stock market report – UK interest rates hiked
Global stock markets reversed yesterday’s gains after the Bank of England somewhat unexpectedly became the first G7 nation to hike interest rates.
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Adobe Inc (NASDAQ: ADBE) is the world leader in software for digital imaging, video animation and information software. Its brands include Photoshop, Adobe Acrobat, Creative Cloud and much more. These pieces of software are cloud-based and typically sold on subscription.
Global stock markets reversed yesterday’s gains after the Bank of England somewhat unexpectedly became the first G7 nation to hike interest rates.
Big tech stocks like Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) pushed higher overnight, driving the Nasdaq up 0.9%.
Imagine you have $10,000 to invest in ASX shares, Australian ETFs or US stocks right now… where on earth can you go to get some ideas? Then imagine if you get 3 analysts and one experienced podcast host to get some of their best ideas…
With the Appen (ASX:APX) share price yo-yoying, we review what it does, why it’s misunderstood by the market and how investors can get a better idea of its value.
The Nine Entertainment Co. Holdings Ltd (ASX: NEC) share price is racing higher after the company released a better than expected trading update today.
On the ASX and globally, shares in the software industry are my favourite stomping ground. Nitro Software Ltd (ASX: NTO), Whispir Ltd (ASX: WSP), Hansen Technologies Ltd (ASX: HSN) and ELMO Software Ltd (ASX:ELO). There’s a lot to choose from.
Here’s why I’ve got Microsoft Corp (NASDAQ: MSFT), Adobe Inc (NASDAQ: ADBE) and Morningstar Inc (NASDAQ: MORN) on my COVID-19 watchlist.