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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

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FIVE at FIVE: Elon quit quip, Heathrow passengers slump, mind the Bitcoin gap (oh, and the FTSE)

Here’s Proactive’s round-up of the day’s news with helpful links taking you director to our latest news and analysis

1 - Is Elon Musk quitting?

Not for the first time Elon Musk’s Twitter account has caused a stir, though this time he’s not talking up cryptos nor announcing divestment plans – today, the rocketman may or may not be considering a career break.

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2 - Heathrow passengers fall 60% amid Omicron

Heathrow Airport said passenger traffic is now 60% below pre-pandemic levels as the new travel restrictions are impacting demand, despite the recent reopening of the transatlantic routes to the US.

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3 - FTSE

London's blue chips fell early doors, fought back above the flat line, but could not finish the week on a positive note, giving up almost 24 points on the day. However, over the week the index was up more than 196 points to 7,297.62.

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4 - Mind the gap – Deutsche Bank picks apart generational POVs for Bitcoin

You think Bitcoin is going double in price OR you think Bitcoin is going halve in price – depending upon how old you are …

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5 - Ubisoft NFT scheme slammed by gamers

Ubisoft Entertainment has provoked the ire of the gaming community, with some accusing the game publisher of ‘milking’ fans, following its announcement of its new non-fungible token (NFT) project Quartz.

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...and one more

It was an announcement late in the day, but it was a screamer from Bidstack Group PLC, with a deal with "one of the most successful game franchises on the planet" that sent its shares screaming 125% higher by the close.

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What's happening next week?

It's Friday, so the attention turns to the week ahead, where we're got a central bank bonanza, with the Fed, Bank of England, ECB and others, along with company updates affecting Ocado Group PLC (LSE:OCDO), Marks and Spencer Group PLC (LSE:MKS), Purplebricks (AIM:PURP) and Avon Protection, and many more.

Get the week ahead preview here

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