logo
Birmingham City FC Boss Sees Opportunity for US Investors in UK

Birmingham City FC Boss Sees Opportunity for US Investors in UK

Bloomberg7 days ago
Tom Wagner, the owner of Birmingham City FC who is behind a major development of the UK's second biggest city, believes the exit of investors from the UK is an advantage for US backers.
'I think we have seen as a result of some policy changes, some capital has left the UK,' the hedge fund manager said in an interview with Bloomberg TV. 'I hope that American investors will fill that void. We are beginning to see that with inbound investment into housing in London specifically.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The White House just got another useless gold ornament.
The White House just got another useless gold ornament.

Yahoo

time42 minutes ago

  • Yahoo

The White House just got another useless gold ornament.

Billionaire Apple CEO Tim Cook presented Donald Trump with a gaudy personalized gift boasting a 24-karat gold base as the tech giant woo'ed the president at the White House on Wednesday. Cook dropped in to the White House bearing his golden gift to announce the tech company's extra $100 billion investment in American manufacturing as the president still waves the threat of tariffs. The president started the press conference by calling Cook, 'One of the great and most esteemed business leaders and geniuses and innovators anywhere in the world.'

If You Invested $10K In Meta Platforms Stock 10 Years Ago, How Much Would You Have Now?
If You Invested $10K In Meta Platforms Stock 10 Years Ago, How Much Would You Have Now?

Yahoo

timean hour ago

  • Yahoo

If You Invested $10K In Meta Platforms Stock 10 Years Ago, How Much Would You Have Now?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Meta Platforms Inc. (NASDAQ:META) owns and operates several prominent social media platforms and communication services, including Facebook, Instagram, and WhatsApp. It is set to report its Q3 2025 earnings on Oct. 29. Wall Street analysts expect the company to post EPS of $5.95, down from $6.03 in the prior-year period. According to Benzinga Pro, quarterly revenue is expected to reach $45.87 billion, up from $40.59 billion a year earlier. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. If You Bought Meta Platforms Stock 10 Years Ago The company's stock traded at approximately $94.06 per share 10 years ago. If you had invested $10,000, you could have bought roughly 106 shares. Currently, shares trade at $761.15, meaning your investment's value could have grown to $80,922 from stock price appreciation alone. However, Meta Platforms also paid dividends during these 10 years. Meta Platforms' dividend yield is currently 0.28%. Over the last 10 years, it has paid about $3.05 in dividends per share, which means you could have made $324 from dividends alone. Summing up $80,922 and $324, we end up with the final value of your investment, which is $81,246. This is how much you could have made if you had invested $10,000 in Meta Platforms stock 10 years ago. This means a total return of 712.46%. In comparison, the S&P 500 total return for the same period is 262.27%. Trending: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— What Could The Next 10 Years Bring? Meta Platforms has a consensus rating of "Buy" and a price target of $819.38 based on the ratings of 41 analysts. The price target implies more than 7% potential upside from the current stock price. The company on July 30 announced its Q2 2025 earnings, posting revenues of $47.52 billion, beating the consensus estimate of $44.58 billion. The company reported EPS of $7.14, above the consensus of $5.79 per share. Total revenue was up 22% on a year-over-year basis. Family daily active people climbed 6% year-over-year to 3.48 billion. Ad impressions jumped 11% year-over-year and average price per ad increased by 9% expects Q3 revenue to be in the range of $47.50 billion to $50.50 billion, better than the consensus estimate of $45.87 billion. Given the historical stock price appreciation and expected upside potential, growth-focused investors may find Meta Platforms stock attractive. Furthermore, they can benefit from the company's modest dividend yield of 0.28%. Read Next: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's , starting today. Image: Shutterstock This article If You Invested $10K In Meta Platforms Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Sign in to access your portfolio

Bank of England set to cut rate as UK economy weakens
Bank of England set to cut rate as UK economy weakens

Yahoo

time2 hours ago

  • Yahoo

Bank of England set to cut rate as UK economy weakens

The Bank of England is widely expected to cut its key interest rate Thursday, with policymakers mindful of US tariffs and their potential risks to an already-struggling UK economy. With the BoE likely to trim borrowing costs by a quarter point to 4.0 percent, focus will be on potential changes to the central bank's economic growth and inflation outlooks. "There are clear signs of (UK) economic deterioration, particularly stemming from the labour market," Victoria Scholar, head of investment at Interactive Investor, noted ahead of the latest rate call. "Yet policymakers must weigh this up against the risk of inflationary pressures particularly with rising food prices and international uncertainty around (US President Donald) Trump's tariffs and volatility in energy markets." Against this backdrop, analysts expect splits within the Bank's Monetary Policy Committee. Some argue that while the majority of the nine policymakers, including governor Andrew Bailey, will vote for a quarter-point cut, some are likely to demand an even larger reduction and others no change. A quarter-point cut Thursday would be the BoE's fifth such reduction since starting a trimming cycle in August 2024, emphasising its "gradual" approach to reducing rates. The BoE's main task is to keep Britain's annual inflation rate at 2.0 percent but the latest official data showed it had jumped unexpectedly to an 18-month high in June. The Consumer Prices Index increased to 3.6 percent as motor fuel and food prices stayed high. - Weak economy - Latest official figures also show that Britain's economy unexpectedly contracted for a second month running in May and UK unemployment is at a near four-year high of 4.7 percent. This is largely down to Prime Minister Keir Starmer's Labour government increasing a UK business tax from April, the same month that the country became subject to Trump's 10-percent baseline tariff on most goods. London and Washington reached an agreement in May to cut levies of more than 10 percent imposed by Trump on certain UK-made items imported by the United States, notably vehicles. Last month, the BoE warned in a report that tariff unpredictability and Middle East conflicts pose risks to UK financial stability. The US Federal Reserve last week kept interest rates unchanged, defying strong political pressure from Trump to slash borrowing costs in a bid to boost the world's biggest economy. Asked about US tariffs following the decision, Fed Chair Jerome Powell told a press conference: "We're still a ways away from seeing where things settle down." The European Central Bank is meanwhile widely expected to keep rates unchanged at its next meeting, with eurozone inflation around the ECB's two-percent target. But that could change, according to some economists, based on how Trump's tariffs affect the single-currency bloc. bcp/ajb/rl/tc Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store