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Estee Lauder stock price has staged a strong comeback in the past few months, moving from a low of $48 in April last year to the current $116. It is now hovering near the highest level since June 10, 2024 as investors bet that the ongoing turnaround strategy will work out.

Estee Lauder is implementing a turnaround strategy 

Estee Lauder, a top player in the skin care, cosmetics, haircare, and fragrances, has been under pressure in the past few years as its revenue growth has slowed. 

Data compiled by Seeking Alpha shows that its annual revenue has dropped in the past few years, moving from over $18 billion in 2021 to $14.3 billion in the last financial year.

Estee Lauder’s weakness has happened as competition has jumped across all its brands and as its Chinese business continued weakening. It also blamed its weakness to Donald Trump’s tariffs since it manufactures its products abroad.

READ MORE: Estee Lauder surge 7% after Goldman Sachs upgrade to “Buy”

Most importantly, analysts expect that its profits will rise, with the annual earnings-per-share rising to $2.17 from $1.51. It will then rise to $2.94 in the next financial year.

Therefore, the management is working on a turnaround strategy that will boost its revenue growth in the coming years. It has changed management, announced huge layoffs, and hired consultants to review its brands. The review will likely see it sell some of its brands and possibly acquire some others.

The management will provide more information about its business when it releases its financial results on Thursday this week.

Wall Street analysts believe that the company’s revenue rose by 5.5% in the fourth quarter to over $4.22 billion. Analysts also expect that its annual revenue will be $15 billion, up by 4.74% YoY. They expect its revenue to hit $15.6 billion in the next financial year.

The upcoming results will provide more color on whether the new sales and marketing strategy is working. It has invested in key platforms like TikTok and Amazon as it shifted away from department stores. In line with this, it hired its first digital chief last year.

Estee Lauder stock price technical analysis 

EL stock chart | Source: TradingView

The three-day timeframe chart shows that the EL stock price has rebounded in the past few months, moving from a low of $48 in 2025 to the current $116.

It has moved to the 23.6% Fibonacci Retracement level. Also, the 100-day and 50-day Exponential Moving Averages (EMA) have formed a bullish crossover, which is a highly bullish sign.

The stock’s Percentage Price Oscillator (PPO) and the Relative Strength Index (RSI) have continued rising.

Therefore, the most likely scenario is where it continues rising in the near term, with the next key level to watch being at $200, which is along the 50% Fibonacci Retracement level. This target is about 77% above the current level.

However, there is a likelihood that the stock will also retreat after its earnings, especially if the numbers show that the Chinese business is still weakening. If this happens, it will retreat to the 50-day moving average at $97.

The post Estee Lauder stock price sits and waits for earnings: will it pop or drop? appeared first on Invezz

The Nikkei 225 Index held steady near its all-time high in the third week, continuing the strong bull run that has been going on for years. It was trading at ¥53,770, up sharply from the 2022 low of ¥24,200. 

Japan stocks continued their rally as traders reacted to earnings by some of the biggest companies in the country, including Mitsubishi UFJ, Mitsubishi Heavy, Marubeni, Nintendo, and Mitsui.

Japan stocks jump ahead of election 

The next important catalyst for the Nikkei 225 Index will be the upcoming election, which will solidify Sanae Takaichi’s reign. Polls and experts believe that she will win by a landslide, a move that will usher in a period of more government spending and tax cuts in the country.

Takaichi has already announced a big $175 billion stimulus meant to ease the cost of living as inflation remains elevated in Japan. She has promised to deliver more tax cuts once she becomes elected as the Prime Minister.

The Nikkei 225 and Topix indices will likely continue rising when the election ends on February 8.

However, a victory could lead to some challenges, including the Japanese yen crash. Data shows that the USD/JPY exchange rate has risen in the last four consecutive days and is slowly nearing the year-to-date high of 159.40. It has jumped by over 12% from its lowest level in 2025, raising odds that the Trump administration will intervene.

More Nikkei 225 Index companies will release the earnings in the coming days. Mitsubishi, Nippon Telegraph, Suzuki, Fujifilm, Tokyo Electron, Itochu, and Subaru will release their numbers on Thursday and Friday.

Other companies to watch next week will be Honda Motor, Recruit Holdings, Fujikora, Japan Tobacco, Softbank,, and Tokio Marine will publish their earnings.

The Nikkei 225 Index has done well as foreigners continue to accumulate. Data compiled by TradingEconomics shows that foreigners bought Japan stocks worth over ¥494 billion and bonds worth over ¥713 billion last week.

Sony stock jumped by 6% on Thursday, making it one of the best-performing companies in Nikkei 225 Index. It reported a 22% improvement in profit and boosted its forward guidance. It now expects to make an operating profit of $9.8 billion in the quarter to March.

Nikkei 225 Index technical analysis 

Nikkei 225 Index chart | Source: TradingView

The daily timeframe chart shows that the Nikkei 225 Index has been in an uptrend in the past few years, mirroring the performance of the global stock market.

The bull run has faded recently as investors waited for the upcoming elections. It has remained above all moving averages, a sign that the bull run is continuing.

However, it has formed a rising wedge pattern, which is made up of two ascending and converging trendlines, which are nearing their peak.

The Relative Strength Index (RSI) and the MACD indicators have formed a bearish divergence pattern. Therefore, the index will likely retreat in the coming days, potentially to the key support level at ¥52,000. A move above the all-time high of ¥55,070 will point to more gains.

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BT Group share price rose by over 3% on Thursday after the company published its financial results. It rose to 210p, its highest level since September last year, and ~180% above its lowest level during the pandemic.

BT Group’s earnings download

The main catalyst for the ongoing BT Group share price is that its business continued to make some modest improvements. Its FTTP premises jumped to over 21.4 million, with the management hoping that the number will jump to 25 million by the end of the year.

Openreach business continued growing, with the connected premises jumping to 8.2 million. At the same time, its Openreach broadband lines lost 210k during the quarter, with the full year losses rising to 850k, better than the previous guidance.

READ MORE: Vodafone share price eyes 20% pop to 2018 highs as turnaround pays off

The company continued to control its costs well, by reducing its energy consumption. It also reduced the number of workers by 7% to 108k. At the same time, Openreach’s repair volumes dropped by 18%%.

The results showed that its adjusted revenue dropped by 4% in the third quarter to £4.9 billion. This retreat was because of it asset disposals and lower equipment sales. Its adjusted EBITDA fell by 1% to £2.1 billion. Allison Kirby, the CEO, said:

“BT continues to deliver on its strategy – building and connecting the UK to the best next-generation networks at record pace, while accelerating our transformation. Our network leadership strengthened further in the quarter, with full fibre broadband now reaching more than 21 million homes.”

BT Group’s business division continued its weakness, with its adjusted revenue falling by 6% to £1.29 billion. Its international revenue slumped by 14% to £522 million as the company continued selling its businesses in a bid to focus on the local market.

BT Group share price technical analysis

BT stock chart | Source: TradingView

The weekly timeframe chart show that the BT Group stock price has rebounded after bottoming at 70p during the pandemic. It peaked at 216p last year, its highest level since March 2017.

The stock then pulled back to the dynamic support of the 50-week Exponential Moving Average (EMA). It has now rebounded and is attempting to cross the key resistance level at 216p. 

Moving above that resistance level is important as it will invalidate the forming double-top pattern whose neckline is at 172p. The stock has also moved above the 50% Fibonacci Retracement level at 194p and flipped the Supertrend indicator red.

At the same time, the Relative Strength Index (RSI) and the MACD indicators have continued rising this year. Therefore, more gains will only be confirmed if it moves above the double-top level at 216p, a move that will invalidate the double-top level.

A move above that level will point to more gains, potentially to the 23.6% Fibonacci Retracement level at 257p. This target price is about 23% above the current level.

Flipping that resistance level into a support will point to more gains to 313p, its highest level in 2015. On the other hand, a drop below the key support level at 179p will invalidate the bullish outlook.

The post Here’s why the BT Group share price popped after earnings today appeared first on Invezz

Vodafone share price remains in a bull market as Margherita Della Valle’s turnaround strategy starts to pay off. VOD jumped to a high of 116p this week, up by over 110% from its lowest level in 2024. This rally means that it has done better than other telecom companies in the region.

Vodafone launches buyback as the German business grows

In a report today, Feb. 5, Vodafone said that its German service revenue continued growing in the last quarter. It rose by 2% to €2.72 billion, continuing a trajectory that started earlier last year. This growth was offset by the weakness in its other revenue, which moved to €366 million from the previous €384 million. 

The UK business also continued doing well, with the service revenue rising to €1.9 billion. This growth was largely because of its Three merger, which made it a top carrier in the industry. 

Other regions, like Africa and the rest of Europe, continued the recovery. As a result, its total revenue from €9.8 billion to over €10.4 billion. 

There were other bright spots in its business, including its Kenyan business, where its M-Pesa revenue jumped by 24.6% to over €133 million. This growth will likely continue once Vodacom completes the acquisition of 20% stake in Safaricom from the Kenyan government. 

Vodafone, through Vodacom, will own 55% of Safaricom, giving it more access to M-Pesa, one of the biggest fintech players in Africa. Safaricom has also become the biggest data company in Kenya and has no major competitor. 

Vodafone’s profitability also did well, with the EBITDAaL rising by 2.3% to €2.8 billion. It has now completed its €3.5 billion share repurchase program and is starting a new €500 million.

Vodafone has been implementing its turnaround strategy in the past few years. As part of this approach, it exited some key countries like Spain and Italy. It sold its Spanish business to Zegona and its Italian business to Swisscom in a €8 billion deal. 

It did that to modernize its operations and focus on the most profitable markets. At the same time, it acquired Three, in a deal aimed at boosting its market share in the UK.

Vodafone share price technical analysis 

VOD stock chart | Source: TradingView

The weekly chart shows that the VOD stock price has rebounded in the past few years. It has crossed the important resistance level at 105p, the upper side of the cup-and-handle pattern. It was also along the 61.8% Fibonacci Retracement level.

The stock’s Relative Strength Index (RSI) has jumped to the overbought level at 85. Also, the Average Directional Index (ADX) has continued rising, a sign that the uptrend is strengthening.

Therefore, the most likely Vodafone stock price forecast is bullish, with the next key level being at 120p, the 78.6% retracement level. A move above that price will point to more gains, potentially to 138p, its highest level in January 2018, which is 20% above the current level.

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Palantir stock price rebounded by over 6% in the extended hours after the software company published strong results that beat analysts’ estimates. PLTR jumped to $158, up substantially from the year-to-date low of $146. So, will it continue rising as a major risky pattern forms?

Palantir published strong financial results 

Palantir, the company that Alex Karp leads, published strong financial results, which showed that demand for its solutions from the government and corporates continued rising.

The results revealed that its revenue jumped by 70% YoY, making it one of the fastest-growing companies in the United States. This growth was driven by the US division, whose growth was 93% to $1.08 billion.

The commercial segment rose by 137% in the last quarter to $507 million as more companies entered the industry. The Trump administration continues to use Palantir’s solutions, with the government revenue rising by 66% to over $570 million.

These numbers are important because they show that the company’s commercial business is about to flip the government arm. Palantir added 180 customers spending at least $1 million a year. It also added 84 and 61 customers spending at least $5 million and $10 million annually.

The company’s international business is also booming as more companies and governments seek access to its tools. Its Artificial Intelligence Platforms (AIP) business is seeing more demand as companies and governments seek for ways to deploy AI models at scale.

Palantir has become a more profitable company, with its operating income jumping to $798 million from $373 million in the same period in 2024. Its operating margin has jumped to 57% from 45% in the same period in 2024.

Most importantly, the company boosted its forward guidance. It now expects that the first quarter revenue will be between $1.532 billion and $1.536 billion, while its adjusted income will be between $870 million and $874 million.

READ MORE: Palantir stock receives Wall Street love ahead of Q4 earnings

For the year, the company sees its revenue soaring to between $7.18 billion and $7.19 billion. These numbers were higher than what analysts were expecting. Most importantly, the company is often highly conservative, meaning that its real numbers will be much better than its guidance.

The company has continued making the case that it is not highly overvalued by focusing on the rule-of-40, which looks at its revenue and profitability growth. Data shows that it has one of the highest metric in the United States with a multiple of 127%.

Palantir stock price technical analysis 

PLTR stock | Source: TradingView

The main risk that Palantir stock faces is that it has formed a highly bearish pattern known as the head and shoulders. In this case, the head is at the all-time high of $210, while the shoulders are around the $200 level  

The neckline is at $146, its lowest level in August and November last year. It also remains below the 50-day and 100-day Exponential Moving Averages and the Supertrend indicator.

Therefore, there is a likelihood that the post-earnings dip will be short-lived. A drop below the neckline at $146 will confirm the bearish outlook and point to more downside, potentially to the psychological level at $100.

The bearish Palantir stock price forecast will become invalid if it moves above the right shoulder at $200.

The post Palantir stock jumped after earnings, but a risky pattern points to a crash appeared first on Invezz

Nio stock price continued its recent downward trend even after the company announced a big increase in its January deliveries. It crashed to a low of $4.52, its lowest level since August last year and 43% below its highest point in September last year. This article explores whether it is safe to buy the dip.

Nio deliveries continued soaring in January 

A report released on Sunday showed that Nio’s business is booming as deliveries soared. The company delivered 27,182 vehicles in January, up by 96% from the same period last year. This growth helped it to cross the important milestone of 1.02 million vehicle deliveries.

The company’s deliveries were made up of 20,894 vehicles in its premium NIO brand, while its ONVO brand sold 3,481. Its FIREFLY beans sold 2,802 vehicles.

This increase happened as demand for its ES8 continued soaring, with its cumulative sales hitting 60,000. The 60k milestone happened two weeks after the vehicle crossed the 50,000 milestone.

This growth has been driven by the rising demand for electric vehicles in China, which has become the biggest market in the industry.

At the same time, the company will likely benefit as more countries start pivoting to the United States because of Donald Trump’s erratic behavior. For example, China has inked a deal to send about 49,000 EVs to Canada while paying a 6% tariff, down from 100%.

Similarly, the European Union has moved to reduce the bottlenecks that Chinese companies faced when selling their vehicles in the region. Additionally, Chinese EV brands have become more popular in Mexico and other countries like Brazil.

At the same time, China is taking more measures to prevent price wars across key industries, a move that should, in theory, improve its margins.

Nio earnings ahead 

The next important catalyst for the Nio stock price will be its earnings, which will come out in March this year.

The average estimate among analysts is that its revenue growth continued in the fourth quarter as its deliveries rose. Nio’s deliveries rose by 66% to CNY 66 billion, while its loss per share improved from CNY 3.17 to CNY 0.05.

If this estimate is correct, the annual revenue will be CNY 87 billion, up by 32.5%. Analysts expect the growth will accelerate this year, reaching CNY 126 billion, up by 44.7% YoY. Its loss per share is expected to continue improving as the company works to move towards profitability.

Nio stock price technical analysis 

Nio stock chart | Source: TradingView 

The daily timeframe chart shows that the Nio share price has been in a strong downward trend in the past few months, moving from a high of $8 in October last year to the current $4.52. It has now moved below the 61.8% Fibonacci Retracement level.

The stock has remained below the Supertrend indicator, a sign that bears remain in control. It has also moved below the Ultimate Support of the Murrey Math Lines tool at $4.70.

Nio has remained below all moving averages, while the Relative Strength Index (RSI) and the Stochastic Oscillator have continued falling this year.

Therefore, the stock will likely continue falling as sellers target the extreme oversold level of $3.9. It will then bounce back later this year and move to the Strong, Pivot, Reverse level of the Murrey Math Lines tool at $5.47.

The post Nio stock price crash gains steam as vehicle deliveries surge: is it a buy? appeared first on Invezz

Tilray Brands stock price continued its strong downward trend, reaching its lowest level since December 9 last year. It has crashed by over 68% from its highest level in October last year. 

Why Tilray Brands stock price has crashed 

Tilray Brands and other cannabis stocks have plunged in the past few months. The closely-watched AdvisorShares Pure US Cannabis (MSOS) ETF stock has retreated from a high of $7.25 in December to the current $4.10.

Tilray Brands and these cannabis stocks have plunged in the past few months as investors sold the cannabis rescheduling news that broke last year, when Donald Trump asked Attorney General Pam Bondi to reschedule it from a Schedule 1 to a Schedule 3 drug.

Therefore, Tilray Brands stock price has crashed because Bondi has not made any step towards rescheduling. Also, the whole rescheduling process will take more months or years to complete.

Additionally, rescheduling itself will not be enough to incentivize companies like Tilray Brands, which face some major challenges, including in the banking sector.

Tilray Brands business is facing major challenges 

The most recent results showed that the Tilray Brands business is struggling. Data shows that its revenue rose by 3% in the second quarter to $217 million.

However, the company’s gross profit dropped to $57.5 million from the previous $61.2 million. A closer look at its business shows that its cannabis revenue rose to $65.7 million from the previous $65.7 million, helped by its international business.

The revenue growth was also driven by its distribution revenue rose to $85.3 million from the previous $67.6 million. This growth has made it the biggest segment in its business.

However, the company’s beverage business, which the company has spent years boosting, continues to deteriorate. Its revenue dropped to $50 million from the previous $63 million, while its wellness segment was flat at $14.6 million.

The results also showed that Tilray Brands improved its bottomline, with the net loss moving to $41.8 million from $43.5 million.

Analysts are optimistic that Tilray Brands’ business will continue experiencing single-digit revenue growth. The average estimate is that its revenue for the current quarter will be $201 million, up by 8.4% from the same period a year earlier.

Its annual revenue is expected to move to $865 million, up by 5.38% YoY, followed by $906 million in the coming financial year.

Tilray stock price technical analysis

TLRY stock chart | Source: TradingView 

The daily timeframe chart shows that the TLRY stock price has crashed in the past few months, moving from a high of $15.75 in December to the current $7.45. This crash was in line with our last Tilray forecast.

It has now moved below the 78.6% Fibonacci Retracement level at $7.73. Also, the stock has moved below the Weak, Stop, & Reverse level of the Murrey Math Lines tool at $7.8.

The stock has moved below the 50-day and 100-day Exponential Moving Averages (EMA), while the Relative Strength Index (RSI$ has moved close to the oversold level.

There are signs that the stock is slowly forming a double-bottom pattern at $7, its lowest level in December last year and a neckline at $15.

Therefore, the stock will likely rebound in the coming weeks. If this happens, the next key resistance level to watch will be the Major S&R Pivot Point at $12.5.

Historically, the stock is usually highly volatile, meaning that such a rebound will lead to a pullback.

The post Tilray Brands stock has crashed—but a bullish pattern is emerging appeared first on Invezz

AMD stock price continued its strong rally this year as demand for semiconductor chips gained steam. It was trading at $246 on Monday, up by 220%5 from its lowest level in 2025, with its market capitalization soaring to over $400 billion. So, will the stock rally or crash after releasing its earnings on Tuesday?

AMD’s business is facing major headwinds

Advanced Micro Devices, which Lisa Su runs, has become a major player in the artificial intelligence (AI) industry, where it provides quality chips that are used widely in data centers around the world. Its chips are the second most popular ones after NVIDIA.

The stock has been in a strong bull run in the past few months after its last financial results showed that its business growth trajectory continued. It also accelerated after reaching a multi-billion-dollar deal with OpenAI, the creator of ChatGPT.

AMD is facing some major challenges. For example, the ongoing geopolitical tensions between the US and China have disrupted its Chinese business, which is the biggest in the world.

At the same time, companies like Microsoft, Alphabet, and Amazon are building their ASIC chips. Some of these companies have hinted that they will start selling their chips to third parties, which may affect their future sales. 

Chinese companies like Huawei and Moore Threads are also closing the gap with Western chips. At the same time, NVIDIA has hinted that it was entering the CPU industry, a move that will affect its business.

AMD to publish strong results

Additionally, there are concerns on whether the AI business will continue booming in the future. For example, the recent Microsoft results showed that its cloud computing business was slowing despite the rising investments. 

Wall Street analysts are highly optimistic that its business continued doing well last quarter. The average estimate is that its revenue jumped by 26% to $9.6 billion, while its earnings per share (EPS) soared by 25% to $1.32.

This growth will be driven by the AI data center segment and the ongoing PC refresh cycle. AMD has a long record of beating analysts’ estimates, meaning that its financial results will be higher than expected. 

The company’s annual revenue growth for 2025 is expected to be $34 billion, up by 32% YoY. It will then grow by 32% this year. 

These numbers mean that the company’s business is not overvalued. For example, its forward price-to-earnings (P/E) ratio of 37 is lower than that of other AI companies.

Additionally, its forward revenue growth is about 32% while its net income margin is 10%. This means that its rule-of-40 metric is 42%, which is a sign that it is balancing between revenue and profitability growth.

AMD stock price technical analysis 

AMD share price chart | Source: TradingView

The three-day chart shows that the AMD share price rebounded and peaked at $266. It has formed a double-top pattern at that level and a neckline at $194. 

The stock has also formed an island reversal pattern, which often leads to a retreat. Therefore, there is a risk that it will drop after releasing its financial results. 

The bearish outlook will be invalidated if it moves above the key resistance level at $266.75. Such a move will point to more gains towards $300.

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The crypto crash accelerated this week, with Bitcoin price tumbling to a 15-month low. Other top altcoins like Solana, Hyperliquid, Canton, and Zcash also retreated sharply. Altogether, this week’s crypto market crash has wiped out close to $500 billion in value. 

Crypto crash may continue as the US prepares to attack Iran

In theory, the geopolitical tensions between the US and Iran have eased in the past few days as the two sides prepare for talks in Turkey this week. 

In reality, however, these talks will likely not work because of Donald Trump’s demands to Iran. He wants Iran to abandon its nuclear weapons program, which Iran has agreed to for years. This is notable as Trump said that he had obliterated its program in June last year.

Trump wants Iran to limit the size of its ballistic missiles, which managed to penetrate Israel’s defenses last year. Additionally, he wants Iran to stop providing support to regional groups like Houthis, Hezbollah, and Hamas. 

Most analysts believe that Iran will not agree to these demands. For example, ending its ballistic missiles program would leave Iran without any defensive capabilities.

At the same time, Trump is under substantial pressure from Fox News hosts and guests who are cheerleading the war. Some of the loudest people on this are Senator Lindsey Graham, General Jack Keane, Mike Pompeo, Sean Hannity, and Mark Levin. Trump has always listened to these people.

Iran has warned that any attack, even a limited one, will lead to a regional war. The country may attack US bases in the region, use the experience of the 12-day war to attack Israel, and close the Strait of Hormuz.

A war in the Middle East would lead to higher crude oil prices and more volatility. At the same time, Bitcoin and the crypto market would crash as they are no longer safe havens. Bitcoin has always crashed whenever new geopolitical risks emerged.

For example, the coin crashed on October 10 when Trump warned of tariffs on China. It also dropped when Trump launched his reciprocal tariffs in April last year.

Falling Crypto Fear and Greed Index Points to a Bottom

On the positive side, a US attack on Iran may mark a bottom for the crypto market. One sign for this is that the Crypto Fear and Greed Index has slumped to the extreme fear zone of 12.

Crypto Fear and Greed Index chart | Source: TradingView

Historically, cryptocurrency prices always rebound when the index moves to the extreme fear zone. For example, the recent crypto bull run that pushed Bitcoin close to $100,000 happened after the Fear and Index tumbled to 10. In a statement, Michael Novogratz said:

“I do think we are at the lower end of the range. Anyone who has been in crypto for more than five years realizes that part of the ethos of this whole industry is pain. Often when things feel worse, it is time to be very focused and potentially accumulating, at least getting prepared to, because when the tide turns, it turns quick.”

The other potential catalyst is that the crypto market is getting closer to the oversold level of 30. That could be a sign that the shakeout is nearing its end. 

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The LSEG share price is in a steep freefall as concerns about its business continue. London Stock Exchange stock tumbled to a low of 7,180p, its lowest level since March 2023. It has dropped by over 40% from its highest point in February 2025. 

Why the LSEG share price has crashed 

The London Stock Exchange stock price has crashed in the past few months, moving from a high of 12,025p to a low of 7,200p.

There are two primary reasons why the stock has been in a strong downward trend this year. First, there are concerns that a major part of its business will be disrupted by the fast-growing artificial intelligence tools, especially those made by companies like Anthropic and OpenAI.

The main concern is that these AI companies have come up with tools that may disrupt some of its businesses. That’s because, while the London Stock Exchange is known for running the biggest exchange in London, its most important business is in the data industry.

Anthropic, the creator of Claude, unveiled a new tool allowing customers to simplify the legal industry. The plugin can help companies speed up the legal process by automating NDA triage, contract review, and compliance workflows.

While Anthropic’s plugin may disrupt the industry, we believe that it will be a companion to LSEG’s solutions. This means that clients will likely not end their contracts with LSEG.

LSEG share price has also crashed because of the ongoing IPO drought in London. There have been no major IPOs in the past few months. Still, on the positive side, some companies like Monzo, Revolut, and  Starling Bank may opt to go public this year. Some, however, may opt to list in the United States.

London Stock Exchange Group’s business is doing well 

The most recent results showed that the company’s business is doing well. Its data and analytics business made over $982 billion in revenue in the third quarter, up by 2.9% YoY. 

The company’s FTSE Russell business made £241 million, up by 7.1% YoY, while the risk intelligence grew by 9.9% to £144 million. 

Additionally, the management maintained its strong forward guidance. Its guidance is for its organic income growth of between 6.5% and 7.5%. It also expects that the adjusted EBITDA will increase by between 75 and 100 basis points.

LSEG has also announced a strategy to accelerate its shareholder returns. It deployed over £3.5 billion to these returns and strategic acquisitions.

LSEG share price technical analysis 

London Stock Exchange stock chart | Source: TradingView

The weekly timeframe chart shows that the LSEG stock price has crashed in the past few months. It has dropped from a high of 12,025p in February last year to the current 7,180p. 

The stock has moved below the key support level at 8,125, its lowest level in September last year. It is about to form a death cross pattern, which happens when the 50-week and 200-week moving averages cross each other. 

Therefore, the most likely scenario is where the stock will continue falling as sellers target the key support at 5,918p, its lowest level in February 2022. The stock will then bounce back later this year or in 2027 as the AI fears ease.

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