1144 days ago
Investors keep going long on equities
January and February 2021 have seen some of the biggest inflows of the decade.
1144 days ago
January and February 2021 have seen some of the biggest inflows of the decade.
1144 days ago
Goes a long way to explain the inflows into the region - and why Europe not enjoying the same
1144 days ago
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?
1144 days ago
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?
1147 days ago
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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