Author: Admin
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Stock Futures Flat With A Big Earnings Week Ahead
Major U.S. stock indexes linked futures contracts ruled flat early Monday as investors looked ahead to one of the busiest weeks of the Q1 earnings season, CNBC reported. Stock Futures Flat With A Big Earnings Week Ahead Contracts tied to the S&P 500 and the Dow moved close to the flatline, while futures related to…
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Demand For Rented Swimming Pools Surges In Pandemic
Backyard swimming pools may not be on the list of need to pick up items in the pandemic, but their demand had been surging since the pandemic erupted, CNBC reported. Demand For Rented Swimming Pools Surges In Pandemic Across the US, hot tub and swimming pool suppliers had been struggling to meet the increased demand,…
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Samsung To Run A Series On Hulu For Its New S21 Ultra Phone Ad
The usual new products promotion format of most tech companies comprised hosting flashing events followed by digital and TV ads, CNN reported. Samsung To Run A Series On Hulu For Its New S21 Ultra Phone Ad But Samsung is taking a different route with the co-creation of a six-part series for Hulu which would see…
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PE Firms’ Acquisition Of Insurance Companies Raises Concerns
Insurance companies were being snapped up by private equity firms at frenetic pace along with the policies they held, CNBC reported. PE Firms’ Acquisition Of Insurance Companies Raises Concerns Some groups voiced concerns about the development working to the disadvantage of consumers who owned life insurance and annuity contracts. Critics were concerned buyers would squeeze…
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Clean Energy On Roll Again But Will It Be Different This Time Around
Optimism is what drives investors to bet their bucks on companies with a disruptive approach but clean energy, despite all the promised support from governments and institutions makes them see red, CNN reported. Clean Energy On Roll Again But Will It Be Different This Time Around According to Craig Lawrence, who led clean tech and…
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China’s Fintech Companies Facing domestic Listing Roadblocks
Months following the Ant Group’s sudden suspension of its highly anticipated dual listing, China’s financial technology companies were facing difficulties trying to go public in the mainland, according to analysts who spoke to CNBC. China’s Fintech Companies Facing domestic Listing Roadblocks EY’s Asia-Pacific IPO leader, Ringo Choi said few fintech sector firms had managed to…
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Study Highlights Climate Change Impact On Global Economy
Rising temperatures would likely significantly reduce global wealth by 2050, amid falling crop yields, spreading diseases, and as rising sea levels submerged coastal cities, a major insurance company warned Thursday, highlighting the disastrous consequences of the world failing to drastically cut the use of fossil fuels, The New York Times reported. Study Highlights Climate Change…
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Credit Suisse Reports Net Q1 Loss Of 252 Million Swiss Francs ($275 Million)
Credit Suisse reported a net Q1 loss at 252 million Swiss francs ($275 million), at a time when the bank came under increased pressure. Shares retreated 5% in early trading hours Thursday. Credit Suisse Reports Net Q1 Loss Of 252 Million Swiss Francs ($275 Million) Credit Suisse said the loss mirrored the deep impact due…
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Netflix Subscriber Numbers Down As Vaccination Gathers Pace
Last year’s first quarter was great for Netflix as people locked themselves in their homes in the raging pandemic and binged on its offerings. But with vaccinations increasing, Netflix started 2021 with sharply reduced subscriber numbers, CNN reported. Netflix Subscriber Numbers Down As Vaccination Gathers Pace The streaming service said Tuesday that it now counted…
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Luxury Home Sales Boom As Affluent Americans Look For More Space In The Pandemic
With affluent Americans leveraging cheap mortgage rates, rising savings, and working from home in the pandemic, sales of bigger homes and demand of million-dollar listings outstripped home sales across all other price ranges, USA Today reported. Luxury Home Sales Boom As Affluent Americans Look For More Space In The Pandemic The number of homes with…