DDR -0.96%: the hardware & software wholesaler trended lower today on a trading update ahead of their half year results that was a mild disappointment. The company expects Profit Before Tax is expected to climb 7.1% on the half with revenue printing ~6.4% higher. The result comes despite a global chip shortage which constrained hardware supplies. There was a strong bounce back in Q2 which suggests there is momentum into the second half though the company declined to provide guidance given the uncertain outlook.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Vaneck FTSE Global Infrastructure ETF (IFRA)
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Gerrish: The correction is done, we’re positioning for what comes next
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Friday 6th June – Dow off -108pts, SPI down -13pts
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