Shares of Netflix fell as much as 20 per cent to US$406.12 in after-hours trading, erasing about $45 billion in market value Author of the article: Bloomberg News Lucas Shaw Netflix’s global subscriber total reached 221.8 million. Photo by OLIVIER DOULIERY/AFP via Getty Images files Netflix Inc. expects to add just 2.5 million subscribers this… Continue reading Netflix plunges after disappointing with forecast for new users
Barry Choi: Still plan on travelling? Get ready to pay, in money and time
Despite the fact that the federal government has issued an advisory to avoid all non-essential travel outside of Canada, strictly speaking, there’s nothing stopping you from taking a trip abroad. In fact, some people see an opportunity to travel right now, as there are fewer crowds. The decision to travel is up to you, but… Continue reading Barry Choi: Still plan on travelling? Get ready to pay, in money and time
Sustainable funds face threat from tech sector turmoil
The current fall in tech shares may turn out to be a blip, but a sustained shift in the market could be painful for ESG funds that have bet heavily on them Author of the article: Financial Times Adrienne Klasa ESG fund managers argue that sustainability has now become so baked into investment strategies across… Continue reading Sustainable funds face threat from tech sector turmoil
Investors pull US$352 million from Cathie Wood’s ARK Innovation ETF
The withdrawals come as ARKK languishes at the lowest in about 18 months Author of the article: Bloomberg News Sam Potter Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks in New York City on Sept. 13, 2021. Photo by REUTERS/Brendan McDermid/File Photo The loyalty of Cathie Wood’s legion of fans may be… Continue reading Investors pull US$352 million from Cathie Wood’s ARK Innovation ETF
Bausch + Lomb files to go public in U.S. and Canada, discloses revenue jump
The company said its revenue rose to US$2.76 billion in the nine months ended Sept. 30 last year Author of the article: Reuters Mehnaz Yasmin and Ananya Mariam Rajesh Boxes of Bausch + Lomb Inc. Sensitive Eyes contact lens solution at a pharmacy in the Brooklyn borough of New York. Photo by Jonathan Fickies/Bloomberg News… Continue reading Bausch + Lomb files to go public in U.S. and Canada, discloses revenue jump
Mayonnaise with ‘purpose’ rebuke shows Unilever facing investor discontent
‘A company which feels it has to define the purpose of Hellmann’s mayonnaise has in our view clearly lost the plot’ Author of the article: Financial Times Judith Evans and Harriet Agnew in London Jars of Hellmann’s mayonnaise, produced by Unilever Plc., stand on display at a supermarket in London, U.K. Photo by Chris Ratcliffe/Bloomberg… Continue reading Mayonnaise with ‘purpose’ rebuke shows Unilever facing investor discontent
David Rosenberg: Junior mining and exploration boom needed to push EVs over the top
The transition to electric vehicles will require huge investments into mining for the key resources that go into batteries Petro Canada’s electric vehicle charging station is shown on display at the Canadian International Auto Show in Toronto. Photo by THE CANADIAN PRESS/Christopher Katsarov files By David Rosenberg and Ellen Cooper Advertisement This advertisement has not… Continue reading David Rosenberg: Junior mining and exploration boom needed to push EVs over the top
Five market musings as the year gets off to a worrisome start
Peter Hodson: If markets are said to climb a wall of worry, then we must be in for an incredible market rally based on the number of worries out there There is always something to worry about in the market. Right now, there’s plenty. Photo by Brendan McDermid/Reuters It’s mid-January and my brain is still… Continue reading Five market musings as the year gets off to a worrisome start
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