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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Manufacturing & engineering

FIVE at FIVE: Tesla’s new low; Argo Blockchain to sell US facility; 2023 stock picks; Tech giants battle for metaverse

1. Tesla heads for new low as headwinds, worries grow

In pre-market trading on Wednesday, Tesla shares were heading for a 3% fall to below US$106 for the first time since mid-August 2020. Yesterday's lurch lower followed reports that an extended production shutdown in China for January could be on the cards.

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2. Argo Blockchain focuses on Canada after agreeing sale of Helios facility to Galaxy Digital (TSX-V:GLXY)

As part of the deal, which is being made by an Argo subsidiary and is expected to close today, Galaxy has agreed to host Argo's 23,619 Bitmain S19J Pro mining machines at Helios, which were also used as part of the collateral package for the loan.

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3. FTSE 100 closes higher

Britain's blue-chip benchmark finished the day on a high note, rising 24 points, or 0.3%, to 7,497.

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4. 17 stock picks for 2023 – the Proactive Xmas tips contest

Whose stock or investment trust or fund will rise the most in 2023? (Or fall the least as the competition almost was last year.)

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5. From Apple to Zuckerberg's Meta, an epic metaverse battle is brewing

No, it has not been a good year for the metaverse industry, but who’s to say 2023 can’t prove the sceptics wrong? Is there hope on the horizon? If so, who are the industry players standing to make good on the metaverse’s promises?

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK