THE FRY UP - INVESTMENT NEWS
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Belinda Nash
March 26, 2024
Reddit IPO pops 48% then drops, then pops 31%
From meme stock to market debut, Reddit’s IPO bolted out of the gates after landing on the NYSE. Reddit stock has jumped 31% since listing, ending the first days of going public reaching nearly US$10 billion market cap. But how does Reddit make money, and why are some Redditors unhappy about proposed AI licensing?
Belinda Nash
March 19, 2024
Pilots on ‘high alert’; Boeing stock nosedives nearly 30%
Not even Boeing’s defence operations can stop the aircraft maker from facing a wave of scrutiny. Legal issues are costing billions, their stock keeps dropping and now pilots don’t feel safe. But Boeing is the world’s fifth largest defence company. So what happened to ‘If it’s not Boeing, I’m not going?'
Belinda Nash
March 12, 2024
Abercrombie & Fitch soars 355% eclipsing Nvidia
While all eyes pivots towards AI, iconic US fashion brand Abercrombie & Fitch has surged ahead of even Nvidia. Steady cotton pricing and low transportation costs have contributed, but surprise behaviour by Gen Z has put them head and shoulders above the rest. In 2024, what could the combination of the youth consumer and AI bring?
Belinda Nash
March 5, 2024
AI virtual assistants are here - is business keeping up?
Big Tech is driving the US share markets but competition is fast and furious. Virtual assistants, text-to-image, video and now music are challenging employers, workers and productivity. Now humanoid robots might be coming for our jobs. What’s the latest in the fast-moving world of AI and robotic tech?
Belinda Nash
February 27, 2024
Camping and fishing stocks’ post-pandemic resurgence
Global lockdowns and border closures sent us packing into the great outdoors. The result? Boom time for outdoor camping and fishing companies. We swapped flights for RVs and tourist maps for fishing rods, and Gen Z and millennials discovered fresh love for nature, sending outdoor and marine stocks soaring. But have the stocks maintained the momentum?
Belinda Nash
February 20, 2024
How to invest in property without paying big bucks: REITs
Ever wondered how to invest in real estate without the hassle of open homes, tenants or saving for a new roof? Getting into the property market can be done through share markets, and the NYSE and the Nasdaq list some of the highest dividend-paying shares in the world. How? Meet REITs.
Belinda Nash
February 13, 2024
Roblox shares jump 10% following optimistic reporting
Roblox has 71.5 million users, and around 42% of their daily active users are under 13 years old, making it one of the world’s most popular gaming platforms. But Roblox doesn’t actually make games at all. So how does their community keep growing and how does it make money?
Belinda Nash
January 31, 2024
Does our green future depend on uranium?
While Aotearoa New Zealand has been nuclear-free since the 1980s, some countries are backing nuclear-powered electricity to reduce global emissions. As nations like the US, China and India build to meet growing energy needs, uranium demand is facing supply constraints, sending uranium stocks soaring. So what’s the deal with uranium?
Belinda Nash
January 23, 2024
Bitcoin ETFs US$16.7 billion market debut: What you need to know
The world’s largest cryptocurrency by market cap, bitcoin, and US share markets the NYSE, the Nasdaq and Cboe (the Chicago Board Options Exchange) combined are the largest market cap share markets in the world. So is their union by way of 11 new SEC approved bitcoin ETFs a match made in heaven?
Belinda Nash
December 20, 2023
Hatch investors' 2023 Year in Review
It’s (nearly) a wrap on investing in 2023 and despite turbulence and a tough economy, it seems many Hatch investors saw plenty of wins in their portfolio this year. Year-to-date the average returns for Hatch investors’ top 10 company stocks grew more than 110%. So, what else set new benchmarks in the US share markets?
Belinda Nash
December 12, 2023
S&P 500 soars nearly 20% this year with one S&P growth fund up nearly 27%
The S&P 500 is popular with fund managers and investors because it tracks the performance of the 500 largest companies in the US share markets. But not all S&P funds are created equal with some out-performing others by leaps and bounds.
Belinda Nash
December 5, 2023
Spotify Wrapped: Big data-mining in the subscription economy - stock soars 143% in one year
LAB and Six60 topped Aotearoa listening charts in Spotify Wrapped but how much were Kiwi artists paid by the Swedish music streaming giant? And are cracks beginning to show in the subscription economy that may limit consumer choice but can help company profits soar?
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