Yeah its pretty crazy. It cost them millions recalling all of the phones to fix them, and cost them even more when that didn't work either! It may have hurt them in the short term as a few people I know were put of buying the the Samsung S7 (which has no reports I know of of catching fire) just encase! But I'm sure once the new one comes out those profit will come flying back in.
Been looking at the bigger companies this week and noticed a few risers;
MicrosoftLooks like Microsoft have been having a good month:
Microsoft jumped more than 5% in one day after an increase in profits, due to their cloud company, and also the launch of their new laptop, the Surface pro. This brings Microsoft to the highest they've ever been. There is a good article on
fortune.com which goes through their recent rise, and how it compares to other companies, and the Microsoft from 15 years ago.
NetflixI thought I'd give them a mention also as they had a nice rise this month due to them adding 3 million new subscribers in the last quarter. Netflix shares had been falling since recent heights due to the number of subscribers slowing down
Netflix shares have went up a mere 8000% since they started trading in 2002. Even if you had invested in Netflix in 2012 at 9.5p, you would have returned over 12x your investment.
BitcoinI follow a chart technical analyst on twitter who is really good at reading charts and predicting price movements. He thinks Bitcoin will reach $900 by the end of the year.
But my chart reading is minimal so I'll just watch this one from the sidelines
I'll give weekly updates on the markets if anything big happens. Someone else may read this thread one day and find it useful