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1177 days ago

Fitness equipment imports from China are soaring

ICON Fitness Corp saw growth of 175.9% YoY with an expansion in December of 142%. ICON is the largest importer of Chinese fitness equipment before competitors Nautilus and Dick's Sporting Goods. 

#Technology

1178 days ago

Ants Yu'E Bao fund past peak days

Financial Times

#Stocks #Technology
ANT FUND PAST BEST DAYS

1178 days ago

Ant financial saw increasing delinquency rates caused by pandemic

The pandemic caused delinquency rates spike. Ant is not on the hook for defaults but keeping the delinquency rates as low as possible is important for their business relationships with banks. Source: FT

#Stocks #Technology
ANT DELINQUENCY RATES

1178 days ago

Battery-powered vehicles are to surpass ICE vehicles by 2040

Electric vehicles will slowly win against Internal Combustion Engines (ICE) vehicles. According to Bloomberg, global sales of traditional fuel-powered cars may have already peaked.

#Macro #Technology
EVs surpassing fuel-powered cars

1178 days ago

The great purge: Twitter bans over 70k accounts

What started with the ban of president Trump has escalated into the ban of tens of thousands of conservative voices. Twitter claims to take "steps taken to protect the conversation on our service from attempts to incite violence, organize attacks, and share deliberately misleading information about the election outcome." This is by far the biggest censorship purge in Twitter's history. The stock is down almost 7% since the ban of Trump.

#Technology
Twitter is banning thousands of accounts
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