Image source: Getty Images After peaking in late 2021 at 10,000p the Croda (LSE: CRDA) share price has been in freefall and now trades at a 10-year low. During the peak of the pandemic, as governments and pharmaceutical companies raced to find a vaccine, the company profited handsomely from sales of high-margin lipids. By 2024, sales had completely dried up. H1 results The company reported a mix set of results today, 29 July. Sales rose 7% to £855m and adjusted operating profit was up 12%. However, free cash flow plummeted 73% to £34m. Driving a large part of this decline…
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Falling asset quality, rising provisions and continuing pressure on net interest margins took a toll on the net private sector banks in the first quarter of FY26. This was largely in line with analyst expectations. Overall, the net profit of 15 private sector banks fell 3.3% year-on year. This data includes the top five– HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank – who have announced their Q1 numbers till now. Muted growth in NII and NIMs Among the Nifty-50 banks, ICICI Bank saw highest year-on-year growth in net profit, rising 15.5% on year to Rs…
The Washington PostTrump covets rare earth riches, but Greenland plans to mine its own businessInterest in Greenland’s minerals is soaring, driven in part by Trump, who has said the U.S. must “get” the island. But the rare earths will be hard to mine..1 day ago Source link
Image source: Getty Images Palantir Technologies (NASDAQ: PLTR) stock has a habit of exploding higher after an earnings reports. This has seen it rise by a mind-boggling 780% in two years! The AI software firm reports Q2 earnings on 4 August. Should I snap up some shares before this event? Booming AI business Palantir develops software that enables organisations to analyse and act on large volumes of data. Its massive customer base includes the likes of the US Army, CIA, NHS England, Airbus, and Ferrari. Recently, it has been the company’s Artificial Intelligence Platform (AIP) that has supercharged the business…
Image source: Getty Images There has only been one winner between Sainsbury’s (LSE: SBRY) and Tesco (LSE: TSCO) shares in the past year. The former is up 11% while the latter has jumped 28%. Sainsbury’s has a higher dividend yield, but that wouldn’t have come close to making up the difference. Which one looks the most attractive moving forward? Here’s my opinion. Operational performance In Q1, total retail sales (excluding fuel) at Sainsbury’s rose 4.9%, with grocery sales up 5%. This period marked its highest market share since 2016, as its ‘Aldi Price Match’ scheme and Taste the Difference premium…
Samsung Electronics Co. (005930.KS) has secured a major multiyear deal with Tesla Inc. (NASDAQ: TSLA) to manufacture advanced AI semiconductors at its upcoming facility in Taylor, Texas. The $16.5 billion agreement runs through 2033 and marks a crucial win for Samsung’s underperforming foundry business. Elon Musk confirmed that the Texas fab will produce Tesla’s AI6 chip, a next-generation inference processor critical to powering autonomous vehicles and humanoid robots. Here’s a snapshot of his tweet: Tesla Shifts from TSMC to Samsung to Diversify Supply Chain Tesla’s decision to switch from longtime chip partner Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) to Samsung…
Image source: Getty Images Just as the internet has transformed the world over the past 30 years, artificial intelligence (AI) is set to do something similar in the decades ahead. That makes it an exciting megatrend to back in my Self-Invested Personal Pension (SIPP) and Stocks and Shares ISA. Here’s how I’m hoping my portfolio grows in value as the AI era advances. Broad-based exposure Over the past few years, I have built up a lot of different AI investments. For a start, I hold a Nasdaq 100 exchange-traded fund (ETF). This gives me broad exposure to all the leading…
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Image source: Getty Images Sometimes people wonder how much they’d need in a portfolio to generate enough passive income to live on. Even though this is an honourable goal, I think it’s often better to flip it around and look at a realistic portfolio size to see how much income it could generate. Based on an investor having built up a £50,000 portfolio over several years, here are my findings. Setting the tolerance Risk appetite is a big part of the equation that an investor needs to address. From the beginning of building a portfolio, an investor can choose a…
Image source: Getty Images With the FTSE 100 up 12% so far in 2025, we’re not seeing quite the same dividend yields from the top income stocks that we’ve had in the past. There might not be any 10%-plus ones to be had in the top index these days. But Legal & General (LSE: LGEN) still offers a fat forecast 8.4%. And we have first-half results coming on 6 August. If they’re good, might that push the share price up and lower the prospective dividend yield? Hmm, maybe we should consider buying before that can happen? The insurance and asset…