The Redbubble Ltd (ASX: RBL) share price just hit a 52-week low of $2.99. Is the e-commerce ASX share now a buy? Redbubble is an online retailer of a large number of different products (such as clothes, stationery, phone cases and so on) that have cool designs on them which have been created by artists. What’s going…
Iron ore is back. An unexpected recovery in the iron ore price has the industry punching the air in delight as its turnaround wasn’t expected for quite some time. It’s hard to believe such a recovery is taking place after iron ore’s recent crash. Late last year, Chinese demand for iron ore surged on the…
The Crown Resorts Ltd (ASX: CWN) share price has leapt 8% in morning trade after receiving a revised takeover bid of $13.10 per share from private equity outfit Blackstone. Currently, the Crown share price is at $12.55 per share, 4.2% below the indicative offer price. CWN share price Fourth time lucky In November, Blackstone proposed $12.50 per share for Crown, which was…
Microsoft (NASDAQ:MSFT) is back. The 46-year old, $2.3 trillion-dollar company has had its status raised back to FANG rank, taking the place of Twitter (NYSE:TWTR) in the Intercontinental Exchange NYSE FANG+ index. ETF Securities FANG+ ETF (ASX:FANG) was quick to make the change, replacing Twitter in the first reconstitution of the fund since it was…
As the calendar turns over to another year the bubble talk picks up once again. Listening to a popular US podcast called Animal Spirits during the week they referred to the acronym ‘FUD’ referring to Fear, Uncertainty and Doubt. Specifically, the hosts were referring to the power of negative headlines, talking about bubbles, busts valuations,…
