Archive for October, 2008
Volkswagen and the free market
Here’s something interesting. At an intraday high of 1,005€ (it was trading around 200 just a few days ago), Volkswagen has been for a few minutes the biggest company in the world for market capitalization. A whopping 380bn$. For a car-maker!!! Why this?
Pretty simple. The whole hedge fund world was short VW because it was [...]
Windows in the cloud
Microsoft unveiled yesterday Windows Azure, which is Microsoft’ OS for the cloud. Not only, it also announced web-based versions of its existing tools to run atop Azure. This is a historical shift for Microsoft that is trying to position itslef properly for the rush to cloud computing.
Read more on the FT.
Sphere: Related Content
Time to buy?
The FT is a great newspaper, I think the best, and publishes extremely interesting and thought-through articles. I’d like to share one with you, quite provoking on potential future scenarios.
A funny snippet here:
“…the wealth of the average 50-year-old is $900,000, of which only a quarter has anything to do with financial assets. Worryingly, however, almost [...]
Should I buy equity now?
Hopefully, the acute phase of the crisis is over. With the EU governments investing around 2trn€in different ways to sustain the credit markets (either through shares purchase, account guarantees etc), it seems that the risk of a systemic collapse of the financial world is now smaller than a few weeks ago. For this reason, markets [...]
TV Ad rates to 15 year low in UK
Not really surprising, but interesting on the FT. TV Ad rates are now back to 1992 levels. We know advertising is a cyclical business, and no surprise is turning downward so quickly in such challenging (to say the least) economic environment. Also, the FT says that 35% of companies cut ad budgets for the 4th [...]