European Markets Are Mixed, Markets Await French Elections
In European markets, participants’ risk appetite was lower due to France’s upcoming elections and geopolitical tension between North Korea and the US.
ReThink Technology Solutions estimates the current SVOD market in Europe to be ~$5.0 billion.
Netflix (NFLX) is currently working on more than 90 original shows and movies in Europe, and it expects to make its service available in 15 languages.
Markets these days are concerned about geopolitical risks more than ever, given the rapid growth in globalization and the interconnections between global markets.
Risk aversion is on the rise again as investors begin to question President Trump’s trade policies and as we’ve begun to see changes in asset allocations.
Wall Street indices fell lower on April 12. President Trump’s comments and prevailing geopolitical tensions weighed on US stock markets.
After pulling back on Wednesday, the United Kingdom’s FTSE 100 index opened the day lower and fell to weekly lows on Thursday.
Facebook (FB) says it has no place for developers who collaborate with law enforcement agencies to illegally spy on its users.
Facebook (FB) is set to appear before a powerful group of UK lawmakers to answer questions about fake news and obscene images of children on its site.
After starting the week on a stable note, the S&P 500 fell on Tuesday. The lower risk appetite increased the demand for safe-haven assets.
After rising higher on Tuesday, China’s Shanghai Composite Index pulled back on April 12. The market sentiment is weak due to geopolitical concerns.
After a volatile day on Wednesday, the S&P 500 regained some strength on April 6. It bounced back from its 50-day moving average and closed positive.
The United Kingdom’s FTSE 100 index is stable in the morning session on Friday. It opened the day lower amid the US attack on a Syrian airfield.
After gaining for four consecutive trading days, China’s Shanghai Composite Index rose and closed this week at the highest close since January 6, 2016.
Some believe Snap has created a stock structure that gives too much control to co-founders Evan Spiegel and Robert Murphy.
The upcoming meeting between President Trump and Chinese President Xi Jinping took the risk appetite out of the market and weighed on the Hang Seng Index.
Samsung is already struggling to redeem its image and regain lost share of the smartphone market.
PayPal (PYPL) recently participated in a funding round that raised $48.0 million for Viva Republic, the parent of Toss, the South Korean payment app.
In seeking to penetrate India’s digital market, Microsoft (MSFT) appears to be borrowing a page from Facebook (FB) on how to persuade Indian consumers.
Salesforce (CRM) continues to behave in ways that may be worrying for its rivals such as Microsoft (MSFT), Adobe (ADBE), Oracle (ORCL), and SAP SE (SAP).