Image source: Getty Images The Nasdaq Composite remains in correction territory — more than 10% below a recent high. So I’ve been searching for US growth stocks to consider for my portfolio in April. While I found a handful of candidates, these two didn’t make the cut. AppLovin The first is AppLovin (NASDAQ: APP), whose shares soared over 700% last year. However, they’ve crashed 46% since Valentine’s Day. That was a heart-wrenching plunge for shareholders, although the stock is still nearly 300% higher than this time last year! AppLovin develops adtech software for mobile app developers, helping them monetise their applications.…
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The Huawei booth at the Mobile World Congress in Barcelona, 2025.Arjun Kharpal | CNBCHuawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise.It is the company’s second-highest revenue figure ever, according to CNBC calculations, just shy of the record 891.4 billion yuan reported for 2020.Net profit fell, however, to 62.6 billion yuan, a decline of 28% versus 2023. Huawei said this was a result of increasing investments.It comes as the Chinese technology giant tries to adapt its…
It was early designated as a holiday in the bank holiday calendar for 2025. However, the central bank has all agency bank locations that handle government business to stay open on Monday. Bank Holiday 2025, Is Today A Bank Holiday: Eid-ul-Fitr is being celebrated today as the crescent moon was sighted on Sunday evening. As per the bank holiday calendar of the Reserve Bank of India (RBI), which regulates all banks, it was a holiday for all public and private banks in most states. However, today is the yearly bank account closing day. So, take a look at whether banks…
Image source: Getty Images With this year’s Stocks and Shares ISA deadline days away, many investors will be out hunting for cheap shares to add to their portfolio. Cheap shares happen to be my favourite type. I love buying top quality companies after their stock has dipped, in the hope of picking up a bargain. Yet this isn’t a foolproof strategy. Sometimes shares are cheap for a reason. Instead of recovering, their plight might just get worse. As ever with investing – no guarantees! With that in mind, I decided to call in a bit of outside help, from ChatGPT.…
Image source: Getty Images UK stocks have traded at a discount to their US counterparts for a long time and to some extent this has been justified. But there are signs things are starting to change. Investors have been moving away from US shares and into other assets – including cash and UK stocks. And I’ve been looking for opportunities ahead of a potential FTSE 100 bull market. Fund flows The results of Bank of America’s monthly fund manager survey for March generated some interesting data. The headline is that US stocks have been declining in popularity. Participants reported moving…
Image source: Getty Images Over the last 10 years, Diploma (LSE:DPLM) stock has outperformed the FTSE 100 by a long way. But a 13% fall in the last month could be my opportunity to start buying the shares. While growth has slowed recently, investing is about looking past near-term challenges at long-term prospects. And from this perspective, I think the company looks very strong. Industrial distribution Diploma is a collection of businesses focused on distributing industrial components and life sciences equipment. Importantly, it focuses on areas where it can add value for customers. This happens in several ways. It can…
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesLONDON — After 20 years in the role as Klarna’s CEO, Sebastian Siemiatkowski is about to face his toughest test yet as the financial technology firm prepares for its blockbuster debut in New York.Siemiatkowski, 43, co-founded Klarna in 2005 with fellow Swedish entrepreneurs Niklas Adalberth and Victor Jacobsson with the aim of taking on traditional banks and credit card firms with a more user-friendly online payments experience.Today, Klarna is synonymous with “buy now, pay later” — a method…
The tech giant Meta, owner of Facebook and WhatsApp, has purchased 676,000 carbon credits as part of a project that will transform the management of 68,000 acres of previously commercial forest on Washington State’s Olympic Peninsula. The deal is the first time EFM, the forest investment company that acquired the land, has used credit sales to help fund a forest purchase. It also represents a significant uptick in credit use by Meta, which will receive the credits over a 10-year period. The company has retired an average 65,000 credits annually since 2021, according to Allied Offsets, a provider of carbon…
Image source: Getty Images All hail Aviva (LSE: AV) shares! They’ve been a standout performer in the FTSE 100 in recent past, delivering impressive growth and robust dividends. While some stocks give investors high income, and others deliver heaps of growth, Aviva has done both. In spades. Over the past year, Aviva’s share price has risen a modest 13%. Over five years though, it’s up a mighty 125%. That’s roughly double the FTSE 100’s 58% gain over the same period. Can it continue to beat the FTSE 100? Better still, Aviva has consistently offered an attractive dividend yield, typically ranging between 6%…
Shares of China’s major state-owned banks rose on Monday morning following the announcement of a massive recapitalization effort aimed at strengthening their core Tier-1 capital. China Construction Bank climbed 3.5% in Shanghai, while Bank of China gained 2.4%. Bank of Communications and Postal Savings Bank of China also saw gains of 1.9% and 1.4%, respectively. The rally comes after four of the country’s biggest banks unveiled plans on Sunday to raise a combined 520 billion yuan ($71.7 billion) through private share placements. The initiative, backed by China’s finance ministry—a key shareholder in the banks—aims to enhance capital buffers, expand credit…