Wed, Feb 10, 2021 8:28 PM
BEML Ltd Q3 PAT increases 6-fold at Rs 28.07 crore on lower inventory costs
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The rapid growth rates Shopify (NYSE: SHOP) has displayed since 2020 could continue through 2030, at least according to Morgan Stanley analyst Keith Weiss. Since mid-2020, the leading e-commerce platform has reported annual revenue gains above 20% quarter after quarter. Weiss is confident enough about future growth at a similar pace to upgrade the stock to overweight from hold.
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Netflix has been one of the stock market's brightest shining stars. Over the past 20 years, its business has morphed from delivering movie DVDs to subscribers through the mail into the world's largest digital media streaming company. Along the way, it has enjoyed incredible success, serving hundreds of millions of households and generating billions of dollars in revenue and profit.
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The great market rally of 2024 looks dangerously close to unraveling as Wall Street’s once-invincible bull brigade begins to withdraw its winnings. With Treasury yields breaking out, Federal Reserve hawks ascendant and Middle East strife flaring, money has just been pulled out of equities and junk bonds at the fastest rate in more than a year. Dip-buyers have been muzzled.
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