Blackwells Capital sees Berkshire Hathaway and Adidas among potential buyers of Peloton. In a 65-page presentation, Blackwells named 19 potential acquirers for the fitness company. Blackwells, which has a 5% stake in Peloton, published the presentation on February 7. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The activist investment… Continue reading Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO’s resignation
US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
US stocks closed higher Tuesday as investors digested the continued strength of corporate earnings. Fourth-quarter consensus EPS is tracking 6% above where it stood on January 1, higher than the historical average beat of 2.5%. Ahead, investors are anticipating the January CPI data Thursday. Economists are expecting a 7.3% surge in prices. Sign up here… Continue reading US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
Celebrities are buying into emoji-identifiers called Yats — and the creator has raked in $20 million
The crypto world is buying up new emoji-identifiers called Yats. Creator Yat Labs has raked in $20 million since launching last year, the Wall Street Journal said. The most expensive Yats are single and double emojis, with the priciest one — a golden key — selling for $425,000. Sign up here for our daily newsletter,… Continue reading Celebrities are buying into emoji-identifiers called Yats — and the creator has raked in $20 million
Valentine’s Day Deals: Grab These Last-Minute Sales
It’s coming down to the final days to order your loved one a gift and still have it arrive on time for Valentine’s Day. Unless you’re settling for supermarket flowers and a box of chocolates (both perfectly serviceable gifts on short notice), we’ve pulled together a few unique deals that may add a little spice… Continue reading Valentine’s Day Deals: Grab These Last-Minute Sales
Immerse Yourself In The Metaverse With These Products
You’ve probably seen the headlines: global tech company Microsoft agreed to purchase the American video game company Activision Blizzard in a $68 billion deal. What’s more, Activision CEO, Bobby Kotick, is leaving the company, but not before he receives a nice paycheck. According to Kotick, the deal is related to the inevitable rise of the… Continue reading Immerse Yourself In The Metaverse With These Products
Now Is The Worst Time to Buy a Home, Fannie Mae Poll Finds
The pandemic forced a lot of people to vow not to put off the things they want to do for another day. The housing market was one of those top line items. But after a bruising two years of sky high prices and dwindling inventory, it seems a lot of younger buyers have decided they… Continue reading Now Is The Worst Time to Buy a Home, Fannie Mae Poll Finds
Investors need to act defensively and figure out where the market is going, not where it’s been
Perhaps it’s not about scoring goals in today’s environment, but acting defensively and protecting one’s lead The Bank of Canada building in Ottawa. Photo by David Kawai/Bloomberg files Wayne Gretzky once famously said, “I skate to where the puck is going, not where it has been.” Advertisement This advertisement has not loaded yet, but your… Continue reading Investors need to act defensively and figure out where the market is going, not where it’s been
Meta shares plunge as Facebook owner misses on earnings, forecast
Shares plunged 20 per cent late on Wednesday Author of the article: Reuters Elizabeth Culliford and Nivedita Balu Meta Platforms Inc forecast first-quarter revenue in the range of US$27 billion to US$29 billion. Photo by CHRIS DELMAS/AFP via Getty Images files Facebook owner Meta Platforms Inc shares plunged 20 per cent late on Wednesday as… Continue reading Meta shares plunge as Facebook owner misses on earnings, forecast
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