Dollars, Disruptors & Doc Martens

Playing FTSE

► Get a free share! This show is sponsored by Trading 212! If you'd like to sign up for an account and get a free share you can do so on the link below! And full disclosure we get one too! ⁠⁠http://www.trading212.com/promocodes/FTSE⁠ ► Episode Notes: Who’s been watching episodes of Bluey this week? Find out on this week’s PlayingFTSE Show! Steve and Steve are back to talk about things that have been happening this week. They’ve been looking at stocks from the UK, the EU, and the US – not many have been doing well. Steve D has been listening to Patrick Boyle this week. There’s a huge straight line city being built in Saudi Arabia – is that a good idea? Steve W has been reading The Wolf of Harcourt Street’s write-up of MercadoLibre. Having talked about the stock a couple of weeks ago, did he learn anything interesting? It’s earnings season in the US and – as usual – things have been kicking off with the banks. Steve W has the general overview. With investment banking up, loans flat, and charge-offs almost doubling, the outlook for the US is interesting. But which banks would the Steves buy at today’s prices. Since it emerged on the public markets, Dr. Martens has been flinging profit warnings around like they’re sponsored. And they’ve launched another one lately. The stock is down 30% as a result, following a boost on takeover optimism. But do Steve and Steve think things are actually going wrong for the company, or is this an overreaction? Shares in UK payment processor Wise have been falling lately as well. That’s despite higher revenues, profits and solid customer growth over the last few months. Is Steve D concerned? Not really. Should he be? That’s another question… ASML shares have also subsided as demand starts to normalise for its fancy semiconductor machines. The company still has a huge order backlog, though, for the next few years. Is this a buying opportunity in a company with a monopoly on an important growing industry? Or is there something else going on here? Only on this week’s PlayingFTSE Podcast! ► What We Consumed This Week: Line: https://www.youtube.com/watch?v=Ak4on5uTaTg Wolf: https://www.thewolfofharcourtstreet.com/p/mercadolibre-2024-financial-model ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?) ► Timestamps: 0:00 Introduction & Our Weeks! 6:32 Consumption 13:05 US Banks 28:38 ASML Report 42:00 Doc Martens 53:03 Wise Trading Update ► Show Notes: What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com