Gap Inc. is calling for a bounce back to sales growth in 2021, hopeful that customers will soon return to its stores and spend more money on apparel.
Kategorie-Archiv: CNBC Financial News
‚Buzz‘ ETF tracking social media sentiment launches Thursday amid Reddit manias in stocks
The Van Eck Vectors Social Sentiment ETF (BUZZ) selects 75 stocks with the most bullish social media sentiment and packages them into an ETF.
Amazon-backed food delivery firm Deliveroo picks London for its blockbuster debut
The food delivery start-up’s IPO plans will allow founder and CEO Will Shu to maintain control of the firm.
Tech ‚rollover‘ is a major buying opportunity: Oppenheimer’s top strategist
Oppenheimer Asset Management’s John Stoltzfus believes tech plays a key role in the reopening trade.
ESG investments surged in Asia-Pacific in 2020 as sustainable investing takes off, MSCI survey finds
With climate change cited as one of the major challenges, Asia-Pacific countries are among those leading the way on the issue.
Snowflake eliminates dual-class share structure, hits estimates on guidance
Snowflake’s product revenue guidance for the full fiscal year came in right in line with analysts‘ estimates, and the company converted all shares to one vote.
People are paying millions for clips that can be viewed for free. Welcome to the world of ‘NFTs’
A video clip created by digital artist Beeple was flipped for a record $6.6 million last week.
New York attorney general warns cryptocurrency industry: ‚Play by the rules or we will shut you down‘
The Empire State’s attorney general warned individual investors and crypto industry players of the perils of digital assets.
Investor Michael Farr: Inflation worries are rising, but there may be a happily ever after for markets in sight
Inflation fears are keeping stock investors up at night. Here’s what could be ahead, according to Michael Farr, CEO of Farr, Miller and Washington.
Rocket Lab CEO says SPAC deal is ‚a supercharger‘ for growth and adds ability to launch astronauts
Rocket Lab is going public in the next few months and CEO Peter Beck spoke to CNBC to break down the space company’s opportunities from the new cash pile.