Tech giant Facebook is at the center of the Cambridge Analytica scandal. Christopher Wylie, a co-founder of Cambridge Analytica, revealed to The Washington Post last week that the data of around 50 million Facebook users had been harvested by British company Cambridge Analytica and suggested that it had been used to help Donald Trump accessing […]
Associating Facebook with universal success and promptly applauding its impressive growth numbers (that have never failed to thrill investors) has been the norm in the past few years that we have been invested in the tech giant. But what happens one day when the positive quarterly surprise looks slightly less affirmative and shows qualms only […]
David Older, senior fund manager specialized in Media, Communication and IT at Carmignac, comments on the latest tech earnings. This week’s results continued the trend of large cap tech outperformance, with Apple, Facebook, Google and Amazon all exceeding expectations and trading higher. AAPL rallied on slightly better than consensus numbers after significant cuts over the […]
Mark Hawtin (pictured), fund manager of the GAM Star Technology fund comments on the latest Facebook results. “Last night’s results demonstrate that Facebook is the fastest growing company of its size in the world. The biggest news was the company’s continued strong growth in mobile advertising. Prices for ads rose 335% year over year and […]
Thor Udenaes, manager of the SEB Globalfond in Sweden, believes it is time for investors to recognise that social media companies are not part of a short term bubble, but any investment consideration should beware the risks involved.
Jan Ehrhardt, manager of the Gamax Junior fund, discusses why the consumer buying trends of young people give an insight into tomorrow’s fund returns.