Investors have flocked to those sectors which they believe will benefit from lasting post-pandemic trends, and avoided those that have proven less resilient – with Information Technology up 29% at one extreme, and Energy down 41% at the other.
Chart of the Week
All the indicators point toward a sweet and sour year for start-ups. While UK tech startups raised €5.3 billion in venture capital funding between January and May 2020, similar to in 2019, the optimism appears to be subsiding in the second half of the year.
Top Ten Companies by Market Cap over 20 Years
There have been tech booms and oil crashes, bull and bear markets, and periods of retail dominance. However, two companies which have been models of consistency (at least in regard to market cap) are Microsoft and…
Responding to Tech Giants
Despite the rapid development of tech giants since the turn of the millenium, there has also been interesting discussion of their ability to sustain such impressive growth. This year, Apple iPhone sales declined for ….