Better earnings spark stocks rally

Corporate earnings picked up after a shaky start to the quarterly reporting season, sparking a rebound in stocks. The blue-chip S&P 500 and technology focussed Nasdaq indices gained 3.6% and 3.7% respectively.

Netflix shares jumped more than 7% the day after it revealed it had only lost 970,000 subscribers during the second quarter. Netflix, the worst performing stock (-71%) in the S&P 500 during the first half of the year, had previously warned it could lose 2 million accounts during the period.

The video streaming company is battling fierce competition from lower priced rivals such as Disney+, HBO and Amazon Prime at a time when consumers are also cutting spending on non-essential items due to the soaring cost of living.

TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.

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Challenges ahead for Europe’s economy

“The triple shock facing Europe’s economy” I will summarise and it aligns with my recent and past articles. TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on

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First quarter ends strong for S&P 500 and FTSE 100

The first quarter of the year ended with a shortened trading week for investors before the long weekend for Easter, but that didn’t stop the major indices advancing on the week. The S&P 500 Index gained

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TEAM plc raises £1.11 million in fundraise

TEAM plc, the wealth, asset management and complementary financial services group, has confirmed that, further to its announcement on 28 March 2024, it has raised the full £400,000 pursuant to the Subscription. Including the Placing, the Fundraise

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US stock market: Bulls charging, but for how long?

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The impact of ‘Carbon Cowboys’ on global climate inequities

In the vast expanse of the climate change frontier, there roam “Carbon Cowboys.” These aren’t the traditional Wild West cowboys, but modern entities, often corporations, quangos, assemblies and governments, who wield immense power over carbon emissions.

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NEBA Private Clients UAE names Bart Kendall CEO

NEBA Private Clients UAE, a division of TEAM plc, has named Bart Kendall as its chief executive officer. With over two decades of service in the financial sector, his appointment marked a “significant milestone in the