Business

ImagineAR Signs Two-Year Agreement with Valencia C.F. Of LaLiga To Provide Interactive Augmented Reality Experiences for Almost 7 Million Fans Around The World
Business, Latest News

ImagineAR Signs Two-Year Agreement with Valencia C.F. Of LaLiga To Provide Interactive Augmented Reality Experiences for Almost 7 Million Fans Around The World

TipRanksGoldman Sachs Predicts Over 40% Rally for These 3 StocksA new wave of optimism is splashing onto the Street. Investment firm Goldman Sachs just gave its three-month stock forecast a boost, lifting it from Neutral to Overweight, with it also projecting “high single-digital returns” for global stocks over the next year.What’s behind this updated approach? Goldman Sachs strategist Christian Mueller-Glissmann cites the impressive rebound in global earnings growth and reduced equity costs as the drivers of the estimate revision. On top of this, a “broader procyclical shift” in stocks and other assets could take place during the remainder of this year.“We have shifted more cyclical on sectors and themes tactically but still prefer growth vs. value on a strategic horizon... In the near-t...
How the NYSE is handling Palantir, Asana's direct listings
Business, Latest News

How the NYSE is handling Palantir, Asana's direct listings

TipRanksGoldman Sachs Predicts Over 40% Rally for These 3 StocksA new wave of optimism is splashing onto the Street. Investment firm Goldman Sachs just gave its three-month stock forecast a boost, lifting it from Neutral to Overweight, with it also projecting “high single-digital returns” for global stocks over the next year.What’s behind this updated approach? Goldman Sachs strategist Christian Mueller-Glissmann cites the impressive rebound in global earnings growth and reduced equity costs as the drivers of the estimate revision. On top of this, a “broader procyclical shift” in stocks and other assets could take place during the remainder of this year.“We have shifted more cyclical on sectors and themes tactically but still prefer growth vs. value on a strategic horizon... In the near-t...
SAMURAI MARCHES ON
Business

SAMURAI MARCHES ON

SAMURAI MARCHES ON In response to the Covid-19 suspension of sport and reduced demand across the whole economy, a new future has been secured for Samurai Sportswear, the Norfolk-based international sportswear company, after it restructured its debt, obtained new investment and consolidated its market positioning. The company used a brief pre-pack administration sale and purchase process to ensure customer and manufacturing operations continued to function as normal now and into the future. This includes servicing customer contracts, delivering high-quality products and maintaining operation of Samurai’s wholly owned, advanced technology, manufacturing facility. As part of the restructure, the company has pulled back from serving non-core sports, market segments & territories to co...
As Disney Retreats, AT&T and Comcast Have Options
Business, Latest News

As Disney Retreats, AT&T and Comcast Have Options

(Bloomberg Opinion) -- Covid-19 has roiled the entertainment industry in ways that threaten to leave a permanent mark. Now, corporate giants such as Comcast Corp. and AT&T Inc. that have staked their futures on the space — from television and cinema, to amusement parks and sporting events — are left facing an uncomfortable choice: retrench or stay the course against increasing investor opprobrium.Comcast, the cable giant that acquired NBCUniversal’s TV networks, film studio and theme parks in 2013, is now the target of an activist shareholder, Nelson Peltz’s Trian Fund Management. The hedge fund is known for pushing needlessly bulky companies to slim down by shedding their weakest assets. In this case, that would be NBCUniversal as well as Sky, Comca...
Business

Tesla to roll out China-made Model 3 cars with cobalt-free LFP batteries: sources

BloombergPeter Thiel Tightens His Grip on Palantir Ahead of Public Listing(Bloomberg) -- Billionaire Peter Thiel was a no-show at the investor day leading up to the direct listing for Palantir Technologies Inc., the data-mining company he founded 17 years ago. And no one from the company will ring the bell at Palantir's market debut.Thiel's absence from the Wall Street pomp belies the outsize influence he'll continue to wield long after the company goes public. Thiel will have more control over the company than any other individual or investor group, and an unconventional voting structure will award additional power to Thiel and two other co-founders in perpetuity.Palantir isn’t the first company in Silicon Valley to use super-voting shares to cemen...
Analyst who called rally off March bottom now sees this as the level to watch for stocks
Business, Latest News

Analyst who called rally off March bottom now sees this as the level to watch for stocks

TipRanks2 “Strong Buy” Space Stocks That Are Ready for TakeoffSpace, the final frontier. Throughout history, the expanse that exists beyond Earth has captivated people all over the world, with space exploration continuing to take giant leaps forward since Apollo 11 first landed on the moon.Now, outer space has peaked Wall Street’s interest. Given the high levels of private funding and advances in technology, the pros argue there could be major implications should space become more accessible and less expensive to reach. To this end, new markets such as satellite broadband, high-speed product delivery, reusable rockets and human space travel are emerging.Speaking to the potential opportunity, according to a recent KPMG report, by 2030, the global space industry could reach $600 billion, wi...
Some Analysts Just Cut Their Inovio Pharmaceuticals, Inc. (NASDAQ:INO) Estimates
Business, Latest News

Some Analysts Just Cut Their Inovio Pharmaceuticals, Inc. (NASDAQ:INO) Estimates

TipRanks2 “Strong Buy” Space Stocks That Are Ready for TakeoffSpace, the final frontier. Throughout history, the expanse that exists beyond Earth has captivated people all over the world, with space exploration continuing to take giant leaps forward since Apollo 11 first landed on the moon.Now, outer space has peaked Wall Street’s interest. Given the high levels of private funding and advances in technology, the pros argue there could be major implications should space become more accessible and less expensive to reach. To this end, new markets such as satellite broadband, high-speed product delivery, reusable rockets and human space travel are emerging.Speaking to the potential opportunity, according to a recent KPMG report, by 2030, the global space industry could reach $600 billion, wi...
Business

EIB and Fund FLAG agree €25 million loan for cities across Bulgaria

©Ungvari Attila/Shutterstock 20% of investment for energy efficiency and climate adaptation Supported projects expected to create 1 500 construction jobs Linked with advisory and technical assistance from European Investment Advisory Hub The European Investment Bank (EIB) and Fund FLAG have signed a €25 million loan to promote urban regeneration and rehabilitation in cities across Bulgaria. Fund FLAG will match the loan amount with €25 million of its own resources and channel the total €50 million to municipalities, municipal enterprises and other institutions responsible for providing public services. Fund FLAG will support investments for upgrading urban green areas and open public spaces, improving sustainable urban transport and renovating and reconstructing public building...
FAA chief Dickson to put Boeing 737 MAX to the test
Business, Latest News

FAA chief Dickson to put Boeing 737 MAX to the test

TipRanksOppenheimer: These 2 Stocks Are Poised to Surge by Over 100%When it comes to the market’s wild swings, is the glass half empty or half full? Oppenheimer’s chief investment strategist John Stoltzfus is taking the latter view.Despite the volatility that has ruled the market over the last few weeks, Stoltzfus actually likes what he’s witnessing in both the market and the economy. In particular, he points to U.S. companies that have been outperforming most other markets around the world as exciting plays, with the innovation in the U.S. reflecting a key component of his bullish thesis.“The U.S. is outperforming most of the markets around the world — whether it’s developed markets or emerging markets... We’ve taken out the froth that had come into the market in certain [mega cap] names...
U.S. Stock Futures Drop After Election Debate: Markets Wrap
Business, Latest News

U.S. Stock Futures Drop After Election Debate: Markets Wrap

TipRanks2 “Strong Buy” Space Stocks That Are Ready for TakeoffSpace, the final frontier. Throughout history, the expanse that exists beyond Earth has captivated people all over the world, with space exploration continuing to take giant leaps forward since Apollo 11 first landed on the moon.Now, outer space has peaked Wall Street’s interest. Given the high levels of private funding and advances in technology, the pros argue there could be major implications should space become more accessible and less expensive to reach. To this end, new markets such as satellite broadband, high-speed product delivery, reusable rockets and human space travel are emerging.Speaking to the potential opportunity, according to a recent KPMG report, by 2030, the global space industry could reach $600 billion, wi...