Taking Stock on Monday 20th November 2023
Taking Stock: Is a look at today's top business news & investment views plus we cover the winners, losers, the most read company news & the most followed. Today this includes:
Do you have a favourite stock?
If so, what is it?
Is having a favourite stock detrimental to achieving a good return?
Confirmation bias?
Companies discussed on “Taking Stock” today:
01:00 Ashtead #AHT
01:35 Unilever #ULVR
01:40 Legal & General #LGEN
01:45 National Grid #NG.
01:50 Time Finance #TIME
02:18 Ocado #OCDO
02:28 & 09:22 Agronomics #ANIC
04:48 Ilika #IKA
07:20 Thruvision #THRU
10:25 Helium One #HE1
13:15 Ocado #OCDO
13:30 Ondo InsurTech #ONDO
15:15 Velocys #VLS
16:10 & 19:00 Bushveld Minerals #BMN
16:29 Legal & General #LGEN
16:50 Time Finance #TIME
17:25 musicMagpie #MMAG
20:50 Hot Chocolat #HOTC
21:30 Technology Minerals #TM1
24:05 Oriole Resources #ORR
24:30 RUA Life Sciences #RUA
25:25 Mercia Asset Management #MERC
29:40 Good Energy #GOOD
30:40 Tui Plc #TUI
TOP BUSINESS STORIES
Britain's finance minister says he won't implement tax cuts that fuel inflation
British finance minister Jeremy Hunt said on Sunday he would not implement tax cuts that would push up inflation, days before he announces a major budget update that is widely expected to contain reductions in some taxes.
Hunt is due to present an Autumn Statement on Wednesday which he hopes will revive the fortunes of both a stagnant British economy and the governing Conservatives ahead of an election expected next year.
"I do think the British economy has turned a corner this week," Hunt said in a separate interview with Times Radio, adding that his priority was growth. "I will be doing everything that I can possibly think of to boost growth."
Sacked OpenAI boss Sam Altman to join Microsoft
Sam Altman is joining Microsoft, the tech-giant has announced, ending speculation he might return to OpenAI just 48 hours after his chaotic ousting.
Microsoft chief executive Satya Nadella wrote on X, formerly Twitter, that Mr Altman would be joining Microsoft to lead "a new advanced AI research team".
Meanwhile, ex-Twitch CEO Emmett Shear will become OpenAI's new boss.