1141 days ago
Long tech is once again one of the most crowded trades
Are tech stocks and Bitcoin in a bubble zone? It is a question worth asking, as they are once again one of the most crowded trades on markets.
1141 days ago
Are tech stocks and Bitcoin in a bubble zone? It is a question worth asking, as they are once again one of the most crowded trades on markets.
1142 days ago
The shares rose 4.2% to finish at 10,420 yen, surpassing its previous record of 10,111.09 yen marked on Feb. 18, 2000. SoftBank’s share price increases have been backed by a surging stock market which lifted the value of its portfolio companies.
1143 days ago
While we've seen a surge in e-commerce this year and the previous years, online spending as a share of food retail remains in the single digits. It seems that the coronavirus boost is mainly visible in Asia, where online share of food spending have increased from under 3% to over 4%. Europe and North America remain a little behind, with the online food budget representing only 1% of spending.
1144 days ago
The growing interest in dating apps is leading to more downloads and more time spent on them. In all, downloads of the eight major apps increased 7.4% year-over-year in the fourth quarter; in comparison, downloads in the fourth quarter of 2019 decreased 8.5% year-over-year. Meanwhile, time spent on the apps rose 13.4% in the fourth quarter, up from 4.1% in the prior year. Source: WSJ
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?
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