In southern India, devoted fans worship film and TV stars like gods, erecting huge statues of actors which are bathed in milk as part of prayer rituals for a movie's success. This is the market Netflix Inc, a streaming laggard in India, is now eager to tap.
Shares of U.S. retailers and consumer-oriented stocks took a beating last week, but may not yet be low enough to tempt long-term investors who remain worried about whether surging inflation will continue to hurt corporate bottom-lines and cause shoppers to cut back.
Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion rupees ($4.89 billion).
After a 31% decline in the last five days, at the current price of around $153 per share, we believe Target (NYSE: TGT), the second-largest discount chain in the U.S. – could see only modest gains in the long term. TGT stock has declined from around $213 to near $153 in the
A small group of Activision Blizzard workers voted for unionizing at a studio that works on the popular "Call of Duty" franchise, the second victory in a push to organize the video gaming industry.
Earnings season isn’t quite over just yet, although most companies have already unveiled their highly sought-after Q1 results. It’s been an interesting earnings season so far, to say the least.
Shares of U.S. retailers and consumer-oriented stocks took a beating last week, but may not yet be low enough to tempt long-term investors who remain worried about whether surging inflation will continue to hurt corporate bottom-lines and cause shoppers to cut back.
U.S. stock indexes climbed on Monday as investors bought beaten-down banks and Apple shares after a turbulent last week that saw the benchmark S&P 500 coming close to confirming a grim market milestone on worries about economic growth and inflation.
The S&P 500 and the Dow rose on Monday, led by gains in banks and Apple after a sharp selloff last week, while a slide in Tesla and chipmakers weighed on the tech-heavy Nasdaq.
Best Buy (NYSE: BBY), a specialty retailer of consumer electronics, is scheduled to report its fiscal first-quarter results on Tuesday, May 24. We expect the retailer’s stock to likely see little to no movement post fiscal Q1 with revenues beating estimates slightly but e
The S&P 500 and the Dow rose on Monday, led by gains in banks and Apple after a sharp selloff last week, while a slide in Tesla and chipmakers weighed on the tech-heavy Nasdaq.
Amazon (NASDAQ: AMZN) has had a volatile few years since the pandemic's onset. It did an excellent job fulfilling the surge in demand for customer orders when folks were avoiding shopping in person. As economies reopen, sales growth is slowing down but remaining at high levels. B
Wall Street's main indexes were set for a higher open on Monday, helped by a bounce back in growth and bank stocks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week.
Lawmakers in Denmark have agreed global TV streaming services such as Netflix, Amazon and Disney must pay a levy of 6% of their revenue in the country to support local TV production.
Investcorp will deploy $400 million into Indian school infrastructure and warehousing, as it seeks to expand investments in the South Asian nation, its Co-Chief Executive told Reuters on Monday.
The stock market has been under an immense amount of stress recently, and it's not hard to see why. Inflation has surged to 40-year highs, the Fed has begun boosting interest rates in response, and a host of macroeconomic issues have been exacerbated by Russia's invasion of Ukrai
Wall Street futures rose on Monday, helped by a bounce in growth stocks and banks, after the benchmark S&P 500 hovered near a grim market milestone at the end of last week.
When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon.com Inc-backed electric vehicle startup that at the time promised to tap in to a niche not served by other automakers.
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