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Broker's Calls

FAANGM sector trading at ‘attractive valuations’ despite selloff: PhillipCap

Despite a selloff that saw the FAANGM grouping drop more than the NASDAQ and S&P500, PhillipCapital still remains positive on it.

Broker's Calls

PhillipCap maintains ‘overweight’ call despite regulatory risks for FAANGM increasing

PhillipCapital is optimistic on all the FAANGM stocks, giving "buy" ratings to almost all of them.

Global review

Should investors be worried over Meta’s selldown?

Shares of Meta Platforms, previously known as Facebook, are down 38.28% year to date

Telecommunications

Reliance Jio to invest US$200 million in mobile startup Glance

The funding from Jio Platforms values the startup at about US$1.7 billion

Digital Economy

What's next for Facebook's owner Meta Platforms?

Meta still has a few years to change course, tweak its strategy and reinforce its old core businesses.

US stocks

Meta's stalled growth separates it from megacap pack

"The reaction to Facebook was pretty extreme, but it’s pretty hard to argue with it."

Digital Economy

Facebook and Google's ad addiction can't last forever

"The days of 20% growth will get harder and harder."

Company in the news

Meta's shares collapse after TikTok steals users from Facebook

Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history.

Broker's Calls

PhillipCapital recommends investors “overweight” portfolio to FAANGM companies

Despite returning less than the S&P 500, PhillipCapital has recommended an ‘overweight’ rating for FAANGM companies.
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