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Equity valuation

  • Thursday, 17 April, 2025
    US equities
    Few US CEOs bought the dip as tariffs rattled markets

    Some insiders unloaded stock before Trump’s ‘liberation day’ announcement but many more were restricted from doing so

    Person inside a GameStop store.
  • Thursday, 17 April, 2025
    European banks
    Santander deposes UBS as continental Europe’s most valuable bank

    Swiss lender’s market capitalisation has been hit harder by US tariffs than Spanish rival

    A sign in the window of a UBS Group AG bank branch in Geneva
  • Tuesday, 15 April, 2025
    LexUS economy
    Wall Street isn’t pricing in recession risk Premium content

    There can be a large lag between the economy weakening and confirmation of an R-word event catching up

    A US flag flying near the New York Stock Exchange
  • Friday, 11 April, 2025
    LexUS trade
    How chaotic markets could help Trump balance trade Premium content

    Mayhem threatens to erode the appeal of US investments — which could, perversely, help Trump get what he wants.

    Traders work on the floor of the New York Stock Exchange
  • Wednesday, 9 April, 2025
    European equities
    Europe’s stock market optimism wilts after tariff shock

    Investors shift focus from fiscal stimulus to prospect of recession as indices give up gains

    stock exchange in Frankfurt
  • Tuesday, 8 April, 2025
    UnhedgedRobert Armstrong
    When to buy the dip

    Risky assets are cheaper — but not cheap enough

    A stock trader
  • Saturday, 5 April, 2025
    Investments
    How investors can respond to Trump’s tariffs turmoil

    Should you ‘buy the dip’ or cut and run? Risk indicators are still flashing red

    Illustration of people clinging to red and blue zigzag lines around the White House
  • Friday, 4 April, 2025
    Skin in the GameStuart Kirk
    Sir Keir will love me, I’m doubling down on UK equities

    It’s finally time to add small-caps to my FTSE 100 exposure   

  • Tuesday, 1 April, 2025
    US equities
    US stocks post worst quarter since 2022

    S&P 500 sinks almost 5% in first three months of 2025 on rising concerns over economy

    Traders work intently at their stations on the floor of the New York Stock Exchange
  • Monday, 31 March, 2025
    LexElon Musk
    Musk’s merger suffers from serious grade inflation Premium content

    The huge valuations ascribed to X and xAI have raised eyebrows

    Elon Musk
  • Saturday, 29 March, 2025
    The Long ViewKatie Martin
    The great European disentanglement from US stocks has only just started

    A long rebalancing of investor portfolios is likely to be under way that could be painful for America

    The Euronext stock exchange in Paris
  • Friday, 28 March, 2025
    Skin in the GameStuart Kirk
    Why I want US shares to leap like Nureyev once more

    Other stock markets are outperforming, but I’m eyeing a chance to sell

  • Monday, 24 March, 2025
    SAP SE
    SAP leapfrogs Novo Nordisk to become Europe’s most valuable company

    Milestone caps a 40% rally in past year for German software group

    A logo on office windows at the SAP campus in Walldorf, Germany
  • Monday, 24 March, 2025
    Ruchir Sharma
    The end of American exceptionalism goes way beyond Trump

    It has been building, and is likely to be unravelling, for a long time

    A trader works on the floor of the New York Stock Exchange
  • Thursday, 20 March, 2025
    Retail trading
    Retail investors take on hedge funds in Europe’s answer to ‘meme stock’ mania

    Small traders have piled in to defence companies targeted by short sellers, in an echo of 2021’s GameStop trade

    A stand host demonstrates the use of a Hensoldt virtual reality trainer for Stinger anti-aircraft missiles on display at the 2024 ILA Berlin Air Show A satellite dish in a ground network of satellites at the headquarters of Eutelsat Madeira Unipessoal Lda in Canial, Madeira, Portugal Employee Tobias Kasan works at a gear in a assembly hall of the German gear manufacturing company Renk in Augsburg, southern Germany
  • Wednesday, 19 March, 2025
    Elon Musk’s X is a lesson in ebitda and ebit-don’ts Premium content

    The number can be tailored to suit the occasion

    A phone screen displays a photo of Elon Musk with the Twitter logo shown in the background
  • Tuesday, 18 March, 2025
    X Corp
    Musk’s X obtains $44bn valuation in sharp turnaround

    Social media site was valued at less than $10bn in September

    Elon Musk
  • Tuesday, 18 March, 2025
    US equities
    Wall Street stocks slide as sell-off in tech shares picks up pace

    Tesla sinks as investors shift away from riskier holdings

    The Wall Street entrance to the New York Stock Exchange
  • Tuesday, 18 March, 2025
    Tesla Inc
    Short sellers make $16bn profit from Tesla’s share price plunge

    Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car maker

    Montage of Tesla logo and photo of Elon Musk
  • Friday, 14 March, 2025
    Skin in the GameStuart Kirk
    What we need to see to go all in on European stocks

    It’s been a valuation game so far. Time for companies to invest big

  • Friday, 14 March, 2025
    UnhedgedJennifer Hughes
    What are retail traders telling us? Premium content

    A look at how mom-and-pop investors are trading in the current market

    The New York Stock Exchange building
  • Wednesday, 12 March, 2025
    ExplainerUS equities
    Winners and losers from the Wall Street sell-off

    ‘Ignored stocks’ outperform as Big Tech and banks slide

    A montage showing Nvidia chief Jensen Huang holding up a semiconductor, next to the logos of IBM, Tesla, Kroger, US Steel and a Delta Air Lines plane
  • Wednesday, 12 March, 2025
    US equities
    Introducing the ‘Maleficent 7’

    One stands out in terms of badness . . .  guess which?

  • Wednesday, 12 March, 2025
    Markets InsightRichard Bernstein
    Certainty is now a scarcity in markets

    Capricious policies from Washington have created a very unpredictable economic environment

    A trader works on the floor of the New York Stock Exchange
  • Tuesday, 11 March, 2025
    Equities
    Wall Street slide pulls S&P 500 into correction territory

    Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile session

    A trader works on the floor of the New York Stock Exchange on Tuesday, March 11 2025
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