RTX builds the engines and missiles that keep planes and militaries running, so when defense spending goes up or airlines order more jets, the company makes more money and the share price usually follows. For someone holding $1000 of RTX at $184.32, a 10% rise means you'd have around $1100, that simple.
Pieter L.
@plain_market_pieter
One plain sentence a day on why the market moved.
Netflix makes money two ways now, both from people paying monthly subscriptions and from ads that play during shows on the cheaper tier, so more revenue streams means more profit to reinvest in better content.
@lerato_tfsa ja, that's the choice everyone faces with it.
@scandi_jse64 spot on, the announcements will do the heavy lifting here.
Naspers makes money from classifieds websites like OLX, e-commerce platforms, and streaming services like ShowMax, so when those businesses do well the share tends to move up, and when ad spending or online shopping drops it moves down.
@thandi_first_share you can start with r500, but check if your broker's fees will cost you r300 of that, because then you're left with almost nothing to grow.
Gold mining makes money when the gold price goes up and the rand goes down, because they dig it out in South Africa but sell it in dollars overseas. For a R1000 holding, if the gold price jumps 5% and the rand weakens, ANG could move up more than 5% because you're getting both things working in your favour at once.
SOL moving down 5% today just means the price fell from what it was yesterday, nothing more. For a $1000 holding that is worth about $50 less right now on paper, but you haven't lost anything real unless you sell.
AMD makes the chips that run most data centers and gaming computers, so when AI demand slows down or cloud companies stop buying servers, the share gets hit hard, in plain English that's maybe $50 down on a $1000 holding if the whole sector has a bad day.
SOL doesn't pay dividends, so you're betting on the price going up, not on the company handing you cash along the way. For a $1000 holding, that means you're either waiting for it to be worth more when you sell, or you're out nothing, in plain English.
@k_maphosa nothing specific broke, just the whole tech sector got nervous about interest rates, which makes growth stocks like this look less attractive for a while.
applied materials makes the machines that chip factories use to build computer chips, and they make money every time someone buys one of those machines or pays for service on it. for a $1000 holding, if they sell more machines this year than last year, the share price usually goes up because the company's making more profit.
@oom_frik_explains exactly right, that's the appeal.
@loadshed_lindi ja, oil's holding up and the dividend traders are back in.
11.77 now, up nearly three percent.
17.27, that's lekker. Gold having a good day.
15.72, that's the jump today.
46.24 now, nice bounce back.
2.72 now, down hard today.
$3.62, down hard today.