Tag Archives: Investment

Wall Street has come out with a highly caffeinated outlook for newly minted public company Dutch Bros.  Shares of the upstart coffee retailer exploded nearly 13% to $48 on Monday — making the stock a top trending ticker on Yahoo Finance before midday — after investment banks initiated mostly coverage on the company after its successful late September IPO.  Five analysts initiated coverage with ratings equivalent to Buys, despite shares being up more than 85% since the Dutch Bros’s Sept…. Source link

The developing world represents the best chance of growth for large internet companies, and today one of the very biggest set out its strategy for how it plans to tackle that. Google said that it would be investing $1 billion to support “digital transformation” across Africa. This will include landing a subsea cable into the continent to enable faster internet speeds, low-interest loans for small businesses, equity investments into African startups, skills… Source link

SoftBank-backed Indian hotel chain Oyo Hotels on Friday filed for a public offering, just two days after trendy eyeglass unicorn Warby Parker (WRBY) went public on the New York Stock Exchange. The flurry of activity has become commonplace during a record-breaking surge of IPOs this year that’s seen buzzy offerings from the likes of Robinhood (HOOD), Coinbase (COIN), and 23andMe (ME). In a new interview, Suzanne Shank — president and CEO of investment bank Siebert Williams Shank — said the… Source link

As the proposed $3.5 trillion infrastructure bill continues to receive pushback in the Senate—even from within party lines—looming tax hikes in 2022 have become an ever-increasing concern. According to Kevin Simpson, Capital Wealth Planning founder and chief investment officer, tax increases next year is the most likely scenario. “I’m pretty certain we’re going to get tax hikes next year in 2022,” Simpson told Yahoo Finance Live. “None of us like that but we’ve got to pay for a… Source link

(Bloomberg) — George Soros criticized BlackRock Inc.’s China push as a risk to clients’ money and U.S. security interests, in the billionaire financier and philanthropist’s latest broadside against investment in the world’s second-largest economy. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in an op-ed in the Wall Street Journal. “It is likely to lose money for BlackRock’s clients and, more important, will damage the national security… Source link

Flower Boutique Taras Zaluzhnyi via Unsplash SEO, or Search Engine Optimization, has become increasingly popular over the past few years among e-commerce businesses exploring new marketing efforts – primarily due to the inconsistency and unprofitability of modern-day paid advertising. This strategy seeks to help businesses rank higher in search engines (like Google) to increase both the quality and quantity of traffic to their website. The problem with most advertising strategies… Source link

Class Technologies creates learning tools directly for Zoom (ZM) and is ramping up its business after a $105 million investment from SoftBank.  CEO Michael Chasen tells Yahoo Finance that Zoom is a great platform, but that it didn’t necessarily have the virtual tools teachers and younger students needed for learning at home. “So, whereas in higher ed, online learning is a little bit more established than in K-12. This really, I think, gave them the push. They needed to start exploring online… Source link

BEIJING, Aug 16 (Reuters) – Real estate investment in China rose 12.7% in January-July from a year earlier, cooling from a 15% gain seen in the first six months, official data showed on Monday. Property sales by floor area grew 21.5%, according to data from the National Bureau of Statistics, down from an on-year growth of a 27.7% in the first six months. New construction starts measured by floor area declined 0.9%from a year earlier, versus 3.8% growth in the first six months of the year. Funds… Source link

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. By Alexander Marrow MOSCOW (Reuters) -Russian internet giant Yandex said on Wednesday it intends to spend around $650 million on e-commerce initiatives this year, more than previously planned, after reporting strong second-quarter results and upgrading its 2021 revenue forecast. Group revenue this year should now be between 330 and 340 billion roubles ($4.49-$4.63 billion),… Source link

MOSCOW, July 28 (Reuters) – Russian internet firm Yandex plans to invest around $650 million in e-commerce projects this year, Chief Financial Officer Svetlana Demyashkevich said on Wednesday, higher than the previous plan of $400-500 million. Demyashkevich said Yandex, which reported strong second-quarter results earlier on Wednesday, was committed to allocating substantial capital in its e-commerce initiatives, but said providing a specific figure for next year and beyond was hard…. Source link