On BalanceOver the past few months we’ve followed the LVMH (share price) story through the eyes of Apollo. We picked the story up originally following the relentless downturn. It was when we noticed that the drivers of value had transitioned to Cash flow and Book Value that we saw the stock bottom. The market was looking […]
The rally in NASDAQ since March 30 has been impressive. The rally in AI, Space and Semi conductor stocks has been ‘extraordinary.’ MAG7 stocks have struggled by comparison and are being re-assessed from being asset light / cash generators to being quite the opposite. Then there are the issues of SpaceX valuation and I say […]
The rally in NASDAQ since March 30 has been impressive. The rally in AI, Space and Semi conductor stocks has been ‘extraordinary.’ MAG7 stocks have struggled by comparison and are being re-assessed from being asset light / cash generators to being quite the opposite. Then there are the issues of SpaceX valuation and I say […]
As we take forward the momentum of May towards the summer months, the forthcoming SpaceX IPO may have bigger implications for markets than we realise…