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The Swedish audio streaming and media service provider has been showing positive vibes lately. Last Wednesday, Jessica Reif Ehrlich, an analyst from Bank of America Merrill Lynch, raised the stock’s price target from $357 to $428 while factoring in Spotify’s 12.1% five-day growth. Resulting in record highs on Friday with $354.60 per share on the New York...
Dating back from 5th century BC, these pearls of wisdom from this legendary military strategist and philosopher still applies, even to the modern trading world today. 1. Be like water. Water shapes its course according to the nature of the ground over which it flows When traders defend their market assumptions...
When it comes to Electric Vehicles, the first brand that springs to mind would commonly be Tesla. However, its shares have already skyrocketed to 750% in 2020, with its market value 10 times bigger than GM’s, one can only question how much higher it could soar. Another rival manufacturer of EV, Chinese maker NIO’s shares inflated to...
As an individual exploring online trading for the first time, it can be overwhelming when considering all the available financial instruments to choose from, combined with different strategies to adopt. Stop, take a deep breath, and let’s go over this together. As a retail trader, there are many ways you can choose to trade....
This IT company was once considered a relatively slow-moving tech enterprise. However, over the past five years, its stock nearly quadrupled since CEO Satya Nadella’s “mobile first, cloud first” strategy paid off. Its acceleration in digitization trends and cloud adoption geared towards 2021 is bound to favor Microsoft Azure over its rivals. Microsoft’s corporate mantra of “intelligent...