Arthur Sants

2 weeks ago | investorschronicle.co.uk | Arthur Sants

For most of their existence, Alphabet (US:GOOGL), Microsoft (US:MSFT) and Meta (US:META) could provide their services to hundreds of millions of users with relatively little capital investment, and that resulted in them being some of the most cash generative companies in history. However, the emergence of artificial intelligence (AI) has upended this business model. All these companies are now rushing to get their hands on computer chips in order to train and run AI models.

3 weeks ago | investorschronicle.co.uk | Arthur Sants

The payments business has a healthy free cash flow yield and impressive profit margins Published on June 5, 2025Guiding to maintain mid-teens margins Interest income boosts profitability It seems Wise (WISE) doesn’t think its recent strong operational performance is being reflected in its valuation. The fast growing cross border payments company has decided to move its main listing from London to New York in order to expand its “pool of investors”.

3 weeks ago | investorschronicle.co.uk | Arthur Sants

When a new type of business emerges, it is difficult for investors and accountants to wrap their heads around it. In the case of gaming platform Roblox (US:RBLX), there are few companies with such a large discrepancy between profitability and cash flow. Roblox is a unique business. It has created a digital world where users create characters and can then build their own games. The developers of these games charge other users to play, and within this world the currency is known as Robux.

3 weeks ago | investorschronicle.co.uk | Arthur Sants

In 1777, British General John Burgoyne surrendered to the Americans at the Battle of Saratoga. The battle was a decisive victory for the Americans, gave the French confidence to join the war against the British and ultimately proved a turning point in the revolution. For British member of parliament Sir John Sinclair, the loss of the war was an existential threat to Britain. Following Saratoga, he told economist Adam Smith that “the nation was ruined”. However, Smith was more sanguine.

4 weeks ago | investorschronicle.co.uk | Arthur Sants

Rising interest rates will also make it hard for any emerging businesses to competePublished on May 30, 2025The emergence of the internet has changed the way investors evaluate companies. Investors used to judge stocks on profit, but for internet businesses, it has been much more important to grow quickly and worry about profits later. In his book Zero to One, venture capitalist and early Facebook investor Peter Thiel lays out his model for building a successful business in the internet era.