Share to Twitter Share to Linkedin The global pandemic has continued to turbocharge and accelerate the adoption of several emerging technologies. By Mergermarket’s Technology, Media and Telecommunications staff From electric vehicles to the technology that is sending billionaires into space, Mergermarket has identified five trends likely to drive M&A for the technology sector in 2022. #1 Creaky supply chain to drive dealmaking Logistics and supply-chain-management technology should see healthy deal activity in 2022 following a year when stimulus-fueled consumer demand strained the global flow of goods . “Retailers, manufacturers [and] food, they’re seeing the risk” of insufficient supply chain capacity, said Jonathan Savoir, CEO and co-founder of supply chain platform Quincus. “Delays cripple retail operations and your bottom line. It will accelerate investment and acquisitions.” Large logistics companies like Penske … [Read more...] about Five Tech Trends To Watch In 2022
Since the benchmark S&P 500 ( SNPINDEX:^GSPC ) bottomed out in March 2020, investors have been treated to historic gains. It took less than 17 months for the widely followed index to double from its closing low during the pandemic. Further, the S&P 500 gained 27% last year, which is well over double its average annual total return of 11%, including dividends, since 1980. But if history has demonstrated anything, it's that volatility, crashes, and corrections are a normal part of the investing cycle, and the price of admission to what's arguably the greatest wealth creator on the planet. In 2022, we may well witness a stock market crash , and one of the following 10 factors could be the catalyst that causes it. Image source: Getty Images. 1. The spread of new COVID-19 variants Arguably the most glaring concern for Wall Street continues to be the coronavirus and its numerous variants. The unpredictability of the spread and virulence of new COVID-19 strains … [Read more...] about 10 Reasons the Stock Market Could Crash in 2022
Many stocks generated explosive gains in 2020, even as businesses closed down and unemployment rates climbed throughout the pandemic. Tech stocks in particular attracted lots of bulls, as they were well-insulated from those headwinds and benefited from stay-at-home trends. As a new year starts, investors are probably looking for a new batch of breakout stocks that could generate comparable returns this year. Today I'll highlight three of those potential winners: Baidu ( NASDAQ:BIDU ) , Intel ( NASDAQ:INTC ) , and Sea Limited ( NYSE:SE ) . Image source: Getty Images. 1. Baidu Baidu's stock tread water throughout most of 2020 as the Chinese search giant's ad revenue declined year over year for six straight quarters. It blamed that slowdown on macro headwinds, including the sluggish growth of the Chinese economy and the pandemic, and competition from other platforms. It previously offset those declines with the growth of its video platform iQiyi , but even … [Read more...] about 3 Breakout Stocks to Watch in 2021
Share to Twitter Share to Linkedin Our theme of Apple Component Supplier Stocks – which includes a diverse set of companies that supply components for Apple’s iPhones and other iDevices, has remained roughly flat year-to-date in 2022, compared to the broader S&P 500 which remains down by about -4%. Over 2021, the theme gained about 17%, underperforming the broader market which gained about 27% over the same period. So what does 2022 hold for Apple supplier stocks? While high-growth technology stocks, in general, have seen some weakness, due to rising bond yields and the Federal Reserves’ hawkish stance, Apple supplier stocks could benefit from the fact that they trade at relatively lower multiples versus other tech stocks (P/S of about 4.7x). Moreover, the semiconductor shortage, which hurt the broader consumer electronics industry, could also ease a bit this year, potentially helping these stocks. That being said, demand for these companies is heavily … [Read more...] about Will Lower Multiple Tech Stocks Do Better In 2022?
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. In 2022, Champagne wishes and caviar dreams are coming true. Sales of expensive goods including diamonds, designer handbags, and watches soared over the holiday season, lifting profits for luxury brands, sales stats released Wednesday revealed. Famous for its iconic plaid-lined trench coats, Burberry upgraded its profit forecast by about 25%, while at rival Richemont — owner of upmarket brands Cartier and Montblanc — revenue jumped 32%. Prada also turned in full-year receipts that were 3% ahead of expectations. The Richemont Get Richer Demand for high end goods is rebounding as vaccination rates lead to more mobility and socializing, but the companies benefiting from the upswing in sales can also thank the earlier stages of the pandemic. Consumers are now able to binge on things they otherwise could … [Read more...] about Luxury Market Goods Beating Forecasts
What happened Today's been a relatively flat day in the crypto market. Over the past 24 hours, the entire crypto market is up only 0.1%, as of 4 p.m. ET, paring some of the day's earlier gains. For cryptocurrency exchanges such as Coinbase Global ( NASDAQ:COIN ) , this has led to a similarly flat day, with Coinbase stock closing down 1.1%, as of market close. However, there's a key catalyst Coinbase investors are keeping on their radar today. Yesterday, it was announced that Coinbase is teaming up with Mastercard ( NYSE:MA ) to provide payment services for the company's non-fungible token (NFT) marketplace, which is currently under construction. The idea is that Mastercard credit or debit cards can be used to allow users to pay for NFTs in fiat currency, simplifying the purchasing process for less tech-savvy crypto aficionados. Image source: Getty Images. So what The ability of crypto to go mainstream often requires centralized entities to come in and … [Read more...] about The Mastercard News Coinbase Investors Are Watching Today
Looking at the growth of the NFT market overall, Fool.com contributor Chris MacDonald and The Motley Fool's Eric Bleeker tackle the discussion of whether the NFT market could surpass Bitcoin ( CRYPTO:BTC ) in terms of market capitalization soon. This discussion took place on the Jan. 5 episode of "The Crypto Show" on Backstage Pass. Eric Bleeker: A crypto prediction from Kevin O'Leary who we have had on Backstage Pass before talking about his crypto initiatives such as WonderFi ( OTC:WOND.F ) Kevin O'Leary made the prediction that he believes NFTs will become bigger than Bitcoin. You see the headline there? What does he have in his prediction? He says, NFTs can prove ownership of real-world assets such as designer watches or cars, which once again takes us back to this real-world digital worlds synthesis that we're increasingly seeing more of in crypto ideas. I put an example down here because I figured people say, how does that work? I myself say, … [Read more...] about Could the NFT Market Become Bigger Than Bitcoin?
Amazon ( NASDAQ:AMZN ) is slated to report its fourth-quarter and full-year 2021 results after the market close on Thursday, Feb. 3. An analyst conference call is scheduled for the same day at 5:30 p.m. ET. The period to be reported on is the second quarter that Andy Jassy has been CEO of the e-commerce and technology giant. Investors will probably be approaching Amazon's report with some apprehension. Last quarter, the company missed Wall Street's expectations for both revenue and earnings, with the bottom-line miss a sizable one. That was the second consecutive quarter that revenue fell short of the analyst consensus estimate. In 2022, Amazon stock has declined 9.1% through Jan. 20. Naturally, this isn't the kind of absolute performance investors want to see, but shares are performing roughly in line with the market. The S&P 500 and the tech-heavy Nasdaq Composite (which is arguably the better comparable for Amazon) are down 5.9% and 9.5%, respectively, over the … [Read more...] about Amazon Earnings: What to Watch on Feb. 3
Share to Twitter Share to Linkedin Topline The stock market fell on Friday as the sell-off in tech stocks intensified after Netflix posted lackluster earnings—with the Nasdaq Composite falling deeper into correction territory and posting its worst week since 2020. Key Facts The Dow Jones Industrial Average fell 1.3%, around 450 points, while the S&P 500 lost 1.9% and the tech-heavy Nasdaq Composite 2.7%. The Nasdaq fell further into correction territory—over 10% from its record highs last November—and has plunged over 7% this week alone, its worst since October 2020. Shares of streaming giant Netflix dragged down the index, plunging 22% on Friday after the company’s fourth-quarter earnings report showed a slowdown in subscriber growth. Streaming rival Disney fell nearly 7%, while other big tech names like Tesla and Amazon lost over 5% and 6%, respectively. Tech stocks have been getting hammered recently, largely thanks to a continuing … [Read more...] about Netflix Stock Crashes As Nasdaq Has Worst Week Since October 2020
Share to Twitter Share to Linkedin Topline It’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warning that there is limited upside ahead. Key Facts Shares of Ford fell 0.5% to nearly $22 per share on Thursday despite a downgrade from Jefferies analysts, who warn the stock may have gotten ahead of itself. Analyst Phillipe Houchois downgraded Ford from a “buy” to a “hold” rating noting that shares have limited upside left after a hot streak that sent the stock skyrocketing more than 130% in 2021. Though the company is making solid progress on its electric vehicle ambitions, it’s too early for investors to be trading Ford stock like an EV company, he argues. The Jefferies analyst is subsequently hesitant to assign a higher valuation multiple to Ford’s stock, pointing out that the company is still susceptible … [Read more...] about Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says