FlowBank

1000 days ago

Richard Branson's space travel and its impact on Virgin's share price

Virgin Galactic's founder, Richard Branson, is travelling to space this weekend. This flight represents a great marketing campaign as it launches the company's space tourism business. In the past, Virgin's share price was strongly correlated with events such as delays in its test schedule. We'll have to wait in order to know how the share price is going to react if the flight is successful.

#Technology

1001 days ago

BoA boosts DoorDash's PO from $160 to $190 on growth tailwind indicators

Tailwinds include; delivery demand is not dropping despite reopening and vaccination progress, market share gains are likely to continue post-pandemic, and new non-restaurant partnerships support order growth post-pandemic.

#Stocks #Commodities #Technology

1001 days ago

Clearco raised a $215m funding

The fintech company that offers capital to startups raised $215 million in an equity funding round led by SoftBank Group. 

#Technology

1001 days ago

Apple shares to new record high

Apple shares rallied to close at record high on Wednesday, thanks to optimism regarding the company's growth outlook for the rest of the year. The stock gained 1.8%, closing at $144.57, neatly above the February peak. The company now has a market value of $2.4 trillion.

#Stocks #Technology
Apple shares to new record high

1001 days ago

Key Chinese tech index dropping towards bearish territory

A key indicator on the health of Chinese tech stocks is nearing the bear market as Beijing's latest crackdown pushed investors to let go of many of the country's tech giants. The Hang Seng China Enterprises Index lost 3% on Thursday, with a cumulated loss of 19% since February.

#Stocks #Technology
Key Chinese tech index dropping towards bearish territory
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