Hey there! My name is Uneesa, and if I had to give myself a Forbes 2-page spread, the headline would read “I love God, women and money.”

Why? Well, other than loving God, women, and money. I want to help as many women as possible take financial control.

Join me as I’ll be holding your hand through the bold, new world of finance, and helping to demystify finance by asking 'WTF is this?'

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🗞️💁🏻‍♀️ WTF HAPPENED to the stock market THIS WEEK?

The war, I’m sure has kept us all preoccupied - whether it’s spending our weekends protesting or volunteering, speaking up in the face of injustice on and offline, or supporting Palestine in any way we can. I personally, decided to come up with some content related to economic boycotts - more specifically how useful they are and why divesting your makeup bag can help a startup’s bag (forgive my punnery).
This week, I side-eyed a post on IG asking whether I’d invest in arms-related stocks (Gurl???!)

Now let me cut to the chase - I wouldn’t and neither should you. Profiting from war isn’t only against Islamic beliefs (shocking, I know), but the very notion you’re able to profit from the murder and killing of innocent civilians reeks of "capitalism by any means”. Is it going to make you a tidy sum? Yes - the BAE Systems stock has gone up 6.15% in the last month alone, but you’ll also have to go to sleep at night knowing your money funds missiles that kill kids. So there’s always that.

Now we’ve got that out of the way, here’s the stock market tea:

INVESTORS ARE SHOOKETH.

Last week, the S&P 500, NASDAQ, and Dow experienced a challenging period, with the S&P 500 dropping by over 2% after a few weeks of modest gains. Investor focus was on company earnings and bond market fluctuations. The Fear & Greed index remains in the "Fear" zone, reflecting rising investor concerns and expectations of a market downturn. Many are shifting assets to safer options, but there's also a noticeable interest in high-risk junk bonds, indicating some investors are seeking lucrative opportunities despite the uncertainty. In summary, the market is divided, with a cautious majority and a bold segment pursuing higher returns amidst the volatility.

To put this into context, when the Russo-Ukrainian war began in 2021, there was a rush to invest in precious metals, bonds and the commodities market more generally. We’re definitely seeing a return to investors moving towards safe-haven investments once again, as Israel prepares for a boots on the ground op. For example, gold stocks have risen by 9% in the last month alone. Generally, when investor confidence drops, there is a return to investing in typically “safer” assets.

WHAT TO 👀 THIS WEEK

• Big Tech report earnings - Definitely one to look out for in financial tea (or for the full spillage, read the actual report available online under investor relations).

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🧋FINANCIAL TEA

Breaking down the news, one sip at a time…🍵

If you’re a META, Microsoft, ALAPHABET (that’s Google’s parent co.) investor, this week’s been a big week on earnings results and potentially your investment portfolio - let’s dive in… 🏊🏾‍♀️

• Microsoft stock jumps after revenue, earnings beats - Gains in the shares are set to add $100b to its market capitalisation, thanks to MS’s focus on AI

• META does better than expected with revenue increasing by 23% - its fastest growth rate since 2021. I’ll be interested to see how they perform over the coming quarter considering aLledGed censorship bans

• Alphabet on the other hand had it's worst day since the start of the pandemic (down by 9.5%), as MS outperformed them by a country mile. The cloud isn’t clouding like that!

• Barbie movie reverses Mattel's toy sales slump - If you invested about 3 months before the blockbuster hit the cinema - you’re laughing to the bank, son! Mattel sales rose 9% in like for like comparisons, hitting $1.9bn. What was I made for? Turns out money - and a lot of it.

FINANCIAL WORD OF THE WEEK

This week we’re talking about market capitalisation. Market cap 🧢, as the tech bros call it, is the value of the company that is traded on the stock market. It’s calculated by:

Total no. shares x share price today

So, por ejemplo, if there are 1000 shares available on the market and each costs £100, then the market cap would be £100,000