Questor share tip: Verisign has the exclusive wholesale rights to sell dotcom addresses – a must‑have for countless businesses A monopoly over a vital part of the infrastructure of the internet sounds like too priceless an asset to be true, yet it is exactly what this week’s stock can boast. Not surprisingly, the company concerned is, in the words of one professional investor, “extremely profitable”. Verisign has the exclusive rights, at the “wholesale” level, to sell internet addresses that end in .com or .net. The former suffix in particular is seen as essential to the online presence of vast numbers of American and international businesses. Such businesses are free to buy .com and .net addresses... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium … [Read more...] about Questor: this firm’s monopoly over a vital part of the internet is simply extraordinary
The price of Bitcoin has surged by a fifth overnight, giving fresh hope to crypto investors the digital currency may be bouncing back. However, experts have urged caution, especially for younger investors who could be more easily taken in by a new "Bitcoin craze". Yesterday, April 1, one Bitcoin was worth roughly £3,000. Around 24 hours later its value has spiked to a more than £3,800. This follows on from what has been a torrid time for cryptocurrencies – digital currencies that operate independently from central banks – since the 2017-18 "Bitcoin craze". A flood of interest in Bitcoin led to the value of the crypto market to soar from around $18bn (£13.5bn) at the beginning of 2017, to more... Register for free to read this article, or log in to your Telegraph account Register Log in … [Read more...] about Bitcoin surges by 20pc overnight – is it time to invest again?
Next week, insurgent ridesharing provider Lyft will commence its long-awaited initial public offering (IPO). An IPO marks the point when a company makes its shares available on a public stock exchange, and Lyft is releasing 32.5 million shares costing $72 apiece. That values the company at a cool $24.3 billion. Lyft plans to list on the NASDAQ stock exchange. As you’d expect, it will likely use the LYFT ticker. Check out the lineup so far for TNW2019 Google, Reddit, and Slack will be there. Join them The ridesharing market is notoriously competitive, and there’s no shortage of historical bad blood between Lyft and its bigger rival, Uber. It’s therefore likely a huge point of pride for Lyft that it’s beaten Uber to the coveted IPO punch. It joins a swathe of tech companies that have become publicly listed over the past few years, including Square and Snap. For what it’s worth, CNBC reckons Uber will file its S-1 and ultimately go public next month. … [Read more...] about Lyft will IPO on Friday with an insane $24.3 billion valuation
Investors have been flocking to technology behemoths such as Apple and Amazon as their valuations have fluctuated around the trillion-dollar mark, driving growth in the American stock market. But are old fashioned companies now a safer bet? Buying the Faangs – Facebook, Apple, Amazon, Netflix and Google (Alphabet) – has been one of the most “crowded” trades among professional investors, according to the Bank of America Merrill Lynch. They are also some of the most bet-against shares on the market, according to data provider S3 Analytics, as some believe the firms’ shares are overvalued and that the threat of stricter regulation could cause them to slide. Google was this week fined £1.3bn by the... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per … [Read more...] about Forget the FAANGs – buy these ‘analogue’ stocks instead
Adam Williams Follow 26 March 2019 • 12:08pm The announcement of the Apple credit card has generated much excitement, but the company is offering few perks that cannot be found in the UK market already. Apple chief executive Tim Cook said the launch would be the most significant change to the credit card market “in 50 years”. The card will be available in America this summer, with a UK launch expected to follow. But will it really be so revolutionary? A closer look at its features suggests that Apple may find it difficult to convince customers to switch away from well-established rivals. Whether it is the concierge-like service offered by American Express, earning Avios rewards with British Airways-branded cards or collecting Nectar and... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only … [Read more...] about Apple credit card? It will need more than titanium to lure customers away from rivals