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Funds management

What is the future for social media stocks?

It is “anyone’s guess” what Elon Musk will do as the new owner of Twitter but Meta stocks still show promise after a 70% share price drop, according to Platinum....

Funds management

Forager seeks answers in Musk/Twitter deal

Twitter’s actions in holding Elon Musk to account “cannot be faulted”, according to Forager, which holds exposure to the stock in its International Shares fund....

Funds management

Tech firms have had it ‘too good for too long’: Forager

There is a “huge adjustment” coming for Silicon Valley as share price falls mean staff are unlikely to receive the same volume of remuneration and companies will attract ...

Funds management

Twitter undervalued by Musk

Forager is disappointed by the sale of Twitter to Tesla founder Elon Musk as it believes the company is more valuable than Musk’s purchase price and has not reached its f...

Funds management

Forager examines social media stocks

Changes to privacy permissions has forced Forager Funds Management to look closely at its social media holdings, particularly with Twitter which has struggled to reach it...

Funds management

Which funds will benefit from Afterpay acquisition?

Several funds will benefit from holding onto the buy now/pay later firm as it is set to be part of the largest corporate acquisition in Australian history. ...

Policy & Regulation

ASIC suggests formal IDR complaint recognition of Twitter comments

Financial firms which receive adverse comments on social media such as Twitter will be required to recognise them as legitimate complaints under the Australian Securities...