Category: business

Many prominent investors, including Warren Buffett, David Tepper and Stan Druckenmiller, have been cautious regarding the current bull market and missed out as the stock market reached another high in recent weeks. On the other hand, technology hedge funds weren’t timid and registered double digit market beating gains. Financials, energy and industrial stocks initially suffered […]

Wall Street banks Goldman Sachs , JPMorgan and Morgan Stanley all cut their China growth forecasts on Monday, after export growth slowed unexpectedly and on concerns that the resurgent coronavirus could crimp economic activity. JPMorgan reduced its quarter-on-quarter growth estimate for the third three months of the year to 2.0% from 4.3%, and trimmed its full-year forecast to 8.9% from 9.1%. Morgan Stanley lowered its quarterly forecast to 1.6%, while Goldman cut its estimate to 2.3% from 5.8% and to 8.3% versus 8.6% for the full year.

Dublin, Aug. 09, 2021 (GLOBE NEWSWIRE) — The “Breakfast Cereals – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Breakfast Cereals Market to Reach $49.7 Billion by 2027Amid the COVID-19 crisis, the global market for Breakfast Cereals estimated at US$40.9 Billion in the year 2020, is projected to reach a revised size of US$49.7 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027. Cold Cereals, one of the segments analyzed

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the “Company”) announces that the Company has granted 6.9 million incentive stock options at $0.75 per share for a term of 5 years to directors, consultants and employees. “Douglas R. MacQuarrie”President and CEO About Asante Gold Corporation Asante is a pure gold explorat

Migraine – Epidemiology Forecast to 2030 Summary Migraine is a common neurological disorder characterized by intense, debilitating headaches. It is characterized by a unilateral, pulsating, or throbbing pain that is moderate to severe and is aggravated by physical activity.New York, Aug. 09, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Migraine – Epidemiology Forecast to 2030, GlobalData” – https://www.reportlinker.com/p06107072/?utm_source=GNW According to the

Dow futures fell and oil prices sold off. Apple and Square are buy range. The Tesla Cybertruck has been delayed.

Key Companies Profiled in Online Gambling Market Are Slots Heaven Casino, Sky Betting & Gaming, SPIN Casino, DraftKings Inc., Betfred, BetAmerica, LeoVegas AB, Betsson AB, StarsGroup.com, Kindred Group Plc., Mansion Casino, Evolution Gaming AB, Scientific Games Corporation, Buffalo Partners.Pune, India, Aug. 09, 2021 (GLOBE NEWSWIRE) — The global online gambling market size is projected to reach USD 158.20 billion by 2028, exhibiting a CAGR of 11.4% during the forecast period. This information

Dublin, Aug. 09, 2021 (GLOBE NEWSWIRE) — The “Global Automotive Valves Market By Vehicle Type (Passenger Cars, LCV and HCV), By Electric Vehicle Type, By Product Type (Engine, A/c, Brake, Thermostat, Fuel System and Others), By Function Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering. The Global Automotive Valves Market size is expected to grow at a CAGR of 5% until 2026 due to the growing autom

Global Chemical Warehousing and Storage Market 2021-2025 The analyst has been monitoring the chemical warehousing and storage market and it is poised to grow by $ 6. 65 bn during 2021-2025, progressing at a CAGR of 3.New York, Aug. 09, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Chemical Warehousing and Storage Market 2021-2025” – https://www.reportlinker.com/p04405183/?utm_source=GNW 71% during the forecast period. Our report on the chemical warehousing

German exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe’s biggest economy. The data, released by the Federal Statistics Office on Monday, brought some relief after manufacturing figures showed on Friday that industrial output unexpectedly fell in June due to supply bottlenecks for intermediate goods.

Private equity firms are rethinking their strategies in China as a widening regulatory crackdown on some of the country’s hottest sectors forces investors to scout for bets in other industries that they hope will be less vulnerable to sudden policy changes. Private equity (PE) and venture capital (VC) funds are pivoting away from data-heavy, consumer-facing internet companies to sectors including semiconductors and renewable energy, industry executives said. The shift comes as investors reel from a barrage of regulatory scrutiny and radical rule changes in the last few months targeting big domestic companies, mainly from the internet, private education and property sectors.

A U.S. federal judge issued a court ruling on Sunday allowing Norwegian Cruise Line Holdings Ltd. to document passengers’ COVID-19 immunity status, putting on hold Florida’s ban on “vaccine passports.” In a blow to Governor Ron DeSantis, the ruling comes as big business and some government entities are responding to the rapid spread of the Delta variant of the coronavirus with vaccination requirements, prompting legal challenges from vaccine skeptics and civil libertarians. “We are pleased that Judge (Kathleen) Williams saw the facts, the law and the science as we did and granted the Company’s motion for preliminary injunction allowing us to operate cruises from Florida with 100% vaccinated guests and crew,” the company’s executive vice president Daniel S. Farkas said in the statement.

RADNOR, Pa., Aug. 08, 2021 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against 360 DigiTech, Inc. (NASDAQ: QFIN) (“360 DigiTech”) on behalf of those who purchased or acquired 360 DigiTech securities between April 30, 2020 and July 7, 2021, inclusive (the “Class Period”). Deadline Reminder: Investors who purchased or acquired 36

Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar held near four-month highs after an upbeat U.S. jobs report lifted bond yields. However, the pace of tapering was still up in the air and would decide when an actual rate hike came, he said.

The health secretary calls on a watchdog to investigate “exploitative” firms overcharging holidaymakers.

Square is building an ecosystem around its Cash App that could eventually make the company that valuable.

Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand. Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets. Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.

Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand. Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets. Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.

The Air Line Pilots Association said the airline should have negotiated any new policy. Move comes as Frontier Airlines follows United’s footsteps.

The market rally is at highs, but tricky to navigate. Apple and Square are in buy range. Tesla pushed Cybertruck production to 2022.

NEW YORK, Aug. 07, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Full Truck Alliance Co. Ltd. (NYSE: YMM) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with FTA’s June 2021 initial public offering (the “IPO”) of the important September 10, 2021 lead plaintiff deadline in the securities class action first filed by the firm. S

Dow Joins S&P at Record Highs After Impressive Jobs Report

Etsy’s (NASDAQ: ETSY) stock price tumbled after the e-commerce company posted its second-quarter earnings on Wednesday, Aug. 4. Etsy’s revenue rose 23% year over year to $528.9 million, beating estimates by $3.2 million. Was Etsy’s slowdown that surprising?

There are good reasons for this, and NVIDIA’s (NASDAQ: NVDA) bid for chip architecture licensing leader ARM Holdings embodies the issue. At the same time, Nvidia is pouring vast resources into research and development, and coming up with an expanding suite of cloud-based software as a result. The rulebook is changing for semiconductor industry success, and Nvidia’s combo of tech hardware licensing and software makes it the best bet for the 2020s.

A spin-off is when a business unit of an existing public company is separated and becomes its own public company. Spin-offs can be an interesting place to look for investment ideas, because unlike IPOs, they don’t tend to attract a lot of attention or excitement. Last year, IAC/InterActiveCorp (NASDAQ: IAC) spun off its online dating app, Match Group, which went on to perform well in its first year as a public company.

These three REITs may just be what the doctor ordered for improving the health of your retirement account, thanks to growth and high dividends.

Exxon Mobil Corp was suspended from advocacy group Climate Leadership Council (CLC) that looks to make policies to address climate change, the CLC said on Friday. The move comes a little over a month after an Exxon lobbyist said the company supports a carbon tax publicly because the plan to curb climate change would never gain enough political support to be adopted. Exxon Chief Executive Officer Darren Woods had condemned the comments.

Low-cost carrier Frontier Airlines said on Friday all its employees will be required to be fully vaccinated against COVID-19 by Oct. 1 in view of rising coronavirus cases. Companies across the United States are increasingly reinstating masking requirements and mandating vaccination to contain the highly transmissible Delta variant. “As we continue to watch the rapid increase of new COVID-19 cases across the United States caused by the Delta variant, I am concerned for the well-being of our team members, their families and friends,” Chief Executive Officer Barry Biffle said.

TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces that it has completed a redemption of C$3.6 million (“Redemption Amount”) and has raised an additional US$2.8 million (“Investment Amount”), against the issuance of Class G Units (“Transaction”) in its Flow Priority Return Fund II LP (“LP II” or “Fund II”). Under the Transaction, a collection of institutional and high net worth investors have subscribed for Class G senior units of

AUSTIN, Texas, Aug. 06, 2021 (GLOBE NEWSWIRE) — FTC Solar, Inc. (Nasdaq: FTCI), a fast-growing global provider of solar tracker systems, software and engineering services, today announced that a large shareholder and director of the Company has received a limited waiver from the representatives of the Company’s underwriters under a Lock-Up Letter Agreement that was entered into in connection with the Company’s initial public offering. The waiver is to permit such shareholder to pledge common st