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Hi Sarah, here's what you need to know for
<strong>
May 1st
</strong>
in
<strong>
3:14 minutes
</strong>
.
</p>
</div>
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<span class="font-normal" style="font-weight: 400;">
Investors may have lost faith in Big Tech recently, but Microsoft and Meta restored some of it by revealing better-than-expected results on Wednesday
</span>
</li>
<li class="text-body leading-normal" style="margin-bottom: 8px; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; font-size: 16px; line-height: 1.5;">
<span class="font-normal" style="font-weight: 400;">
You don’t have to have wealthy parents to profit from the Great Wealth Transfer –
<a class="text-primary underline font-medium" style="font-weight: 500; color: #204CE9; text-decoration: underline;">
Read Now
</a>
</span>
</li>
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<span class="font-normal" style="font-weight: 400;">
US and European firms swiped their outlooks out of investors’ reach, as tariffs made the future even harder to plan for
</span>
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🟩 Get your servers and hack-finding friends ready: tickets are live for the biggest event of the year. No, not Glastonbury.
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, not Coachella, either. Ugh, fine: it's
<a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
our Modern Investor Summit
</a>
. You might not see Charli XCX, but you'll leave with a brain brimming full of expert insights and strategies. Now that's Brat.
<a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
Grab your free ticket
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Levie-Tating
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<img alt="Levie-Tating" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-300425-Meta-Microsoft.original.png%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253Daf5669990e6ef68ef78d1b55bddfc4f0/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NDYwNTQyMTUuNDg5MzU0MX0:1uAGSl:2Wa5VsedL7tKXPesWIuA8-KkBKMNQVta1rIKgcQR9TM" style="border:0;border-radius:4px;display:block;outline:none;text-decoration:none;height:auto;width:100%;font-size:13px;" width="568"/>
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<h4 class="text-body" style="font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; font-weight: 700; line-height: 1.25; margin-bottom: 16px; color: #171E27; font-size: 16px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
</h4>
<p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
</p>
<p data-block-key="ivr0n" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="aj3lt" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Microsoft and Facebook-parent Meta revealed better-than-expected results on Wednesday despite tariffs threatening the tech industry’s prospects, so investors had little choice but to float the stocks a little higher.
</p>
<p data-block-key="3lt04" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
What does this mean?
</b>
</p>
<p data-block-key="5g28b" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Big Tech is up against it: tariffs are rising while investors’ expectations are still ceiling-height. But Microsoft and Meta held their own under pressure. Microsoft’s revenue was 13% higher than the same time last year, with its cloud division bringing sales up by a third. The firm’s other two core divisions – productivity and personal computing – beat forecasts, too. Investors initially sent the shares up 6%, bringing them back to their New Year’s price.
</p>
<p data-block-key="ffe65" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Meta, meanwhile, reported sales that were 16% beefier than this time last year. The advertising business held up well – with the average ad price up by 10% – despite many fearing that clients would pull back in the face of tariffs. Investors approved, sending the stock 5% higher.
</p>
<p data-block-key="20ton" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
But the pair didn’t save their cash. Microsoft spent 53% more last quarter than the year before – while Meta expects to splash $7 billion more this year than previously expected, meaning a total of $72 billion.
</p>
<p data-block-key="f60eo" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Why should I care?
</b>
</p>
<p data-block-key="ebei6" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
Zooming out:
</i>
</b>
<i>
What happens abroad doesn’t stay abroad.
</i>
</p>
<p data-block-key="57d6c" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Tariffs aren’t Big Tech’s only worry: regulatory crackdowns in Europe and rising tensions with China could soon weigh on revenue, too. Case in point: Meta’s apps are banned in China, but the Chinese companies still turn up on feeds outside of the country. In fact, Chinese firms like Shein and Temu made up over 11% of Meta’s revenue last year by advertising to US shoppers. But with new tariffs making international shipping prohibitively pricey, that $7 billion cash flow could dry up fast. And as Europe becomes increasingly strict on targeted ads, Meta’s ad business could be dealt another blow as soon as this quarter. So sure, the last quarter’s takings might seem reassuring – but it’s the next few reveals that could act as a real stress test.
</p>
<p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
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<b>
You might also like:
</b>
<a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
How to value Tesla after a disastrous first quarter
</a>
.
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<strong>
Copy to share story:
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<span style="font-family: Helvetica, Arial, sans-serif; font-size: 12px; font-weight: bold; color: #E6F14A; display: inline-block;">
FROM OUR RESEARCH DESK
</span>
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<h2 style="font-weight: 700; line-height: 1.25; margin-bottom: 16px; font-size: 24px; color: #FFFFFF; margin: 0 0 4px; font-family: 'Poppins', Helvetica, arial, -apple-system, sans-serif; margin-top: 0;">
The Great Wealth Transfer Is Coming – Here’s How To Profit From It
</h2>
<p style="line-height: 1.5; margin-top: 0; margin-bottom: 16px; font-family: Helvetica, Arial, sans-serif; font-size: 14px; color: #FFFFFF; margin: 0;">
Theodora Lee Joseph, CFA
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<td style="padding: 8px 32px 0 0;">
<a style="color: #204CE9; text-decoration: underline; font-weight: 500;">
<img alt="The Great Wealth Transfer Is Coming – Here’s How To Profit From It" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FRDrop-Cover-Landscape-WealthTransfer.original.jpg%253Ffit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D768%2526s%253D99149327560e9e715fa814afcd4d2027/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3NDYwNTQyMTUuNDg5NDg5M30:1uAGSl:ytv7A0G81iQ5T_eiq3omI-PrHa0aCvEEDAp1YzQgPRQ" style="max-width: 300px; border-radius: 4px;" width="300"/>
</a>
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<td class="premium-story-text" style="padding-top: 24px;">
<p data-block-key="xjbe2" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
Inheritance is tricky – it’s personal, sensitive, and almost
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
never discussed
</a>
openly.
</p>
<p data-block-key="gkkr" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
But the
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
Great Wealth Transfer
</a>
is coming, and it’s too important for investors like you and me to ignore.
</p>
<p data-block-key="9snus" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
Over the next decade,
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
tens of trillions of dollars
</a>
will flow from older generations into younger hands, reshaping markets and rewriting the rules of investing.
</p>
<p data-block-key="1dq3t" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
And whether you’re a fortunate heir or not, you’ll want to
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
read this
</a>
. After all, you don’t have to inherit wealth to profit from where all that money is going.
</p>
<p data-block-key="ap2h0" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; color: #fff;">
That’s the latest from our Research desk:
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
how to profit from the Great Wealth Transfer
</a>
.
</p>
<p data-block-key="dhe13" style="font-size: 16px; line-height: 1.5; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0; color: #fff;">
<a style="color: inherit; text-decoration: underline; font-weight: inherit;">
<b>
Read or listen to the Research here
</b>
</a>
</p>
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London’s calling
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Stateside stocks have broadly outperformed the rest of the world’s for a decade.
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But that’s changing: wary of putting all their eggs in one increasingly volatile and tariff-loving basket, investors have been
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diversifying with global stocks
</a>
.
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A popular destination: the UK. Blighty’s shares are cheap compared to America’s after a decade of being overshadowed, and the country depends more on old-school industries than flashy tech.
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Now, we’re not saying you can’t keep your favorite American firms – but by casting your net wider, you could potentially
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offset issues in one market with stable periods in another
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You could do that with
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Saxo’s flexible ISA
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. You’d get access to over 16,000 global stocks, your earnings would be tax-free,
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<b>
What’s going on here?
</b>
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<p data-block-key="fmr30" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Major US and European companies invoked the takesie-backsies rule on their annual forecasts, wary of giving investors the wrong idea.
</p>
<p data-block-key="amvc" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
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What does this mean?
</b>
</p>
<p data-block-key="c25gq" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Tariffs aren’t just making imports more expensive: they’re holding up entire supply chains as producers sit tight or change shipping routes. That’s making it practically impossible for companies to predict their costs, plan for deliveries, and forecast demand from cost-conscious consumers. So now, both American and European companies – including hefty ones like General Motors, JetBlue, Volvo, Snap, and UPS – are taking back their outlooks for the year.
</p>
<p data-block-key="9qc98" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
Why should I care?
</b>
</p>
<p data-block-key="7qfki" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
For markets:
</i>
</b>
<i>
Who turned the lights off?
</i>
</p>
<p data-block-key="anu2g" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
Wall Street analysts use companies’ forecasts to predict their future share prices. Without them, they have to guesstimate even more. That means stocks may be more volatile, with analysts adjusting rougher expectations as more data comes out. That could be especially risky for companies heavily reliant on global trade, like carmakers, airlines, and shipping firms. UPS has already decided to lay off 20,000 workers and JetBlue has started reviewing how many planes it needs in the air. That indicates serious concern about the months ahead – and if earnings for the next few quarters are worse than expected, analysts will likely downgrade stocks over and over.
</p>
<p data-block-key="cu9ej" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
<b>
<i>
Zooming out:
</i>
</b>
<i>
America’s down bad.
</i>
</p>
<p data-block-key="6prs9" style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px;">
The US’s trade deficit (the gap between how much it imports and exports) hit a record high in March. That’s partly because stateside businesses rushed to ship in stock before tariffs kicked in. And as international imports push economic growth down, so JPMorgan and Goldman Sachs say the US economy shrunk last quarter. And it might keep getting smaller: retailers including Walmart and Amazon have paused shipments – that likely means higher prices for the few goods they
<i>
can
</i>
sell, which could keep cash-strapped Americans away from the registers.
</p>
<p style="font-size: 16px; line-height: 1.5; color: #283444; font-family: 'Helvetica Neue', Helvetica, arial, -apple-system, sans-serif; margin-top: 0; margin-bottom: 16px; margin: 0;">
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You might also like:
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Tariffs are spooking investors into panic-selling – here’s what to do instead
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QUOTE OF THE DAY
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"The boisterous sea of liberty is never without a wave."
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– Thomas Jefferson (an American Founding Father)
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<b>
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.
</b>
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<b>
Take 2 mins to learn more.
</b>
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The future of finance... Now open for investors
</h4>
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If Al can transform the world at large, imagine what it could do for the globe's portfolios.
</p>
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Level E - run by a team of Al pioneers from the University of Edinburgh - is on a mission to
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bring the power of AI to the world of asset management
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.
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Their Agentic Al solutions help fund managers
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cut costs, make smarter decisions, and unlock real-time value
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. No wonder Level E is already working with institutional asset managers such as M&G and Aberdeen.
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And now,
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Level E's crowdfund is open for investors
</a>
. This tech aims to transform the roughly $400 billion asset management industry:
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this is your chance to get in early
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.
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When you support our sponsors, you support us. Thanks for that.
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🎯 On Our Radar
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1.
<b>
Move over, 420.
</b>
Weed is legal for one day a year – but you have to
<a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
head here
</a>
.
</p>
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2.
<b>
OpenAI’s door is ajar.
</b>
Our analyst can show you
<a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
how you could gain exposure to coveted private companies
</a>
.
</p>
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3.
<b>
Microsoft’s mega invasion.
</b>
The Big Tech firm is
<a style="color: #204CE9; font-weight: 500; text-decoration: underline;">
copying your messages
</a>
.
</p>
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🌍 Finimize Live
</p>
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🤩 Grab your tickets...
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🚀
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Modern Investor Summit 2025
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: December 2nd and 3rd
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You stay classy, Sarah 😉
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Image credits: Midjourney | Midjourney
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