FlowBank

1144 days ago

Investors keep going long on equities

January and February 2021 have seen some of the biggest inflows of the decade. 

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Investors keep going long on equities

1144 days ago

Emerging market profit estimates return to pre-pandemic levels

Goes a long way to explain the inflows into the region - and why Europe not enjoying the same

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1144 days ago

Disney goes over 90M subscribers, three years in advance

When Disney launched its streaming business Disney+, they had a target of 90 million subscribers by 2024. Well, they just reached the 95 million mark, as announced in their latest earnings report. For comparison, it took Netflix 9 years to reach their 204 million subscribers. Will Disney+ manage to take Netflix's number 1 spot in the coming years? 

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Disney goes over 90M subscribers, three years in advance

1144 days ago

Need a little push for dating?

With Valentine's day yesterday, we hope that Tinder's servers made it, as million of people were looking for a last minute date. The parent company Match Group is now valued at $45 billion, mainly thanks to the success of the cash cow that is Tinder. In 2020, the app generated $1.4 billion in revenue, which is more than half of the group's total revenue of $2.4 billion. Paid subscribers count has also grown, adding 800,000 new paying subscribers to reach an average of 6.7 million people in Q4 2020. Do you only need a phone a $10 a month to live happily ever after?

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Need a little push for dating?

1147 days ago

Western Digital sees a 9% rise

Western Digital guided for third-quarter revenue of $3.85 billion to $4.05 billion, with adjusted EPS of 55 cents to 75 cents. "Overall, Western Digital remains well-positioned across key growth segments within storage such as cloud and gaming," J.P. Morgan said in an analyst note. J.P. Morgan boosted its price target to $68 from $50 and rates the stock at Neutral. Wedbush reiterated its Outperform rating and boosted its target price to $68 from $60. - WSJ

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