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In 2016, the hit mobile game Pokemon Go was released and saw millions of people download the game and head outdoors to attempt to “Catch ‘Em All.” The game has continued to be a hit and even passed $1 billion in revenue in 2020, its best year since launching. Pokemon Go celebrated its fifth anniversary recently and continues to be one of the top played and grossing mobile games each month. Shares of Nintendo Co (OTC: NTDOY) climbed higher on the release of the game. The company was seen… Source link

The July jobs report and another packed schedule of second-quarter corporate earnings results await investors this week, offering a host of potentially market-moving events.  The U.S. Labor Department’s July payrolls report will be one of the most closely watched economic prints this week. Consensus economists are looking for non-farm payrolls to have increased by 900,000 in July, according to Bloomberg data, marking the biggest monthly job gain since August 2020. In June, payrolls rose by… Source link

Amazon is having a rough ride this week. Alongside second-quarter results that fell short of expectations and triggered a plunge in shares, the company disclosed that Europe just levied a gobsmacking 746 million euro fine, or roughly $887 million, in its earnings filings with the Securities and Exchange Commission. More from WWD The record-breaking penalty, first unearthed by Bloomberg on Friday, was imposed by the Luxembourg National Commission for Data Protection, the top privacy regulator… Source link

A new startup is aiming to turn TikTok and YouTube stars into feature-length filmmakers, the latest in a broad push by platforms to invest in Internet-based content — and those who generate it.  Creator+ offers a new economic model that features a vertically integrated studio that manages the entire filmmaking process for creators — from financing and production to marketing and distribution. The startup recently raised $12 million in a funding round, and plans help content creators… Source link

Suze Orman says this is how to protect your finances from the delta variant The raging delta variant of COVID-19 has caused infections and hospitalizations to surge, and has led the Centers for Disease Control to go back to recommending that all Americans wear masks indoors, even if they’ve been vaccinated. Lockdowns have returned in other countries, though not in the U.S. — at least not yet. But experts at Bank of America warn that the economy faces the risk of consumers hunkering down… Source link

BeInCrypto – The fear and greed index has been updated to “greed” as bitcoin hits $42,600.  Bitcoin has seen a resurgence in price following twelve consecutive days of bullish momentum. Bitcoin has seen twelve days of green for the first time since February as it headed towards its previous all-time high.  However, following a dramatic decline to $29,000 in July, bitcoin has managed to climb nearly 45% in less than two weeks. Currently priced at $41,600 on Sunday, the fear and greed… Source link

A woman enjoys a view while hiking. Getty Images In the five years preceding retirement, a person will make more important decisions about how to maximize their retirement than at any other time. Why? Because these decisions are not easily altered, and the impact will affect important income and expenses for the rest of their lives. Making the right decisions can provide substantially more income over a longer period of time – which is the ultimate goal. Millions of people must make these… Source link

(Bloomberg) — Bitcoin hit its highest level since mid-May and continues to build momentum. The largest cryptocurrency gained Sunday for an 11th day in the past 12 and traded up to $42,606, its highest since May 18. Market watchers have pointed to $40,000 as an important inflection point. It was up about 0.5% at $41,739 as of 6:13 a.m. New York time on Sunday. “A run like this certainly suggests some flow backing,” said Jonathan Cheesman, head of over-the-counter and institutional sales at… Source link

BEIJING, China, Aug. 01, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 8,589 Li ONEs in July 2021, crossing the 8,000-vehicle milestone for the first time while hitting a new record. The deliveries were up 11.4% month over month and 251.3% year over year, a remarkable rate of growth. As of July 31, 2021, total deliveries in 2021 reached 38,743, bringing… Source link

BEIJING (Reuters) – China’s securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings, after U.S. regulators tightened disclosure for Chinese companies and voiced concern about Beijing’s regulatory actions. The China Securities Regulatory Commission (CSRC) said in a statement that it had taken note of the U.S. Securities and Exchange Commission’s (SEC) new requirements for disclosure regarding Chinese companies’ listings… Source link