Author: Press Room
Here’s a look at some of the stocks making the biggest moves on Wednesday.MongoDB — Shares jumped 6.9% after Morgan Stanley upgraded MongoDB to overweight from equal weight, citing the software company’s leadership in cloud optimization initiatives. The firm raised its price target to $270, which suggests shares could gain about 27% from Tuesday’s closing price.Shopify — Shares of the Canadian e-commerce startup gained 1.2% after JMP upgraded the stock to market outperform from market perform. The Wall Street firm is bullish on Shopify’s ability to gain market share with larger enterprise businesses. JMP’s price target of $65 per share…
Uber is funding a new program that aims to get electric bikes with dangerous non-certified lithium-ion batteries off New York City streets. The company said on Wednesday it will soon allow the thousands of New York City delivery workers who use e-bikes the ability to trade-in their bikes for newer, safer models. The news follows a string of fires caused by lithium-ion batteries, which have been known to overheat when charging and cause massive explosions. Earlier this week, the New York City police department said an e-bike’s lithium-ion battery was behind a fatal two-alarm fire in Queens. The FDNY’s Chief…
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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Stay tuned for updates on land sales availability and get ready to bring your ideas to life!What is Byepix and how does it work?Byepix is a Super-Metaverse platform that offers an all-in-one solution to revolutionize the crypto world. It features an Exclusive AI-powered Super Metaverse built on Web-3 and developing Layer 2 Metaverse Blockchain, which is backed by seven powerful platforms and over twenty utilities. Byepix offers endless possibilities to explore a virtual life, buy and sell in the marketplace, engage in missions, finance, gaming, fun, info,…
Wall Street firms have a secret weapon for hiring decisions: the leadership advisory firm ghSmart. Its founder, Geoff Smart, detailed its vetting process, used by firms like Blackstone and Citadel. Hourslong interviews inquire about candidates’ early childhood, ambitions, and past jobs. There’s an unassuming group of talent whisperers who have the ears of top titans in finance.A small company called ghSmart, composed of about 100 psychologists and business strategists, has established a hiring system that firms like Citadel and Blackstone use to make some of their most consequential talent decisions.The bread and butter of that system is an hourslong interview…
Tech is disrupting all parts of media and entertainment, and investors are rushing to cash in. Startups are attracting millions in investments to change how content is made, distributed, and more. These pitch decks show how their founders sold their vision to raise outside capital from VCs. Technology is upending all facets of media and entertainment. New startups are raising capital to jump on audiences’ shift to streaming, change hidebound production practices, and more.Insider talked with founders about the pitches they used to raise millions and innovate in content creation and distribution. There’s Canela Media, which raised $32 million to build…
G7 member states have pushed back on the viability of a central part of Japan’s climate strategy, according to an environment ministers’ draft communiqué seen by the Financial Times, in a challenge to Tokyo’s efforts to shape Asia’s transition to cleaner energy.The scrutiny of Japan’s climate plans comes ahead of a meeting of G7 environment ministers in Sapporo this weekend, where representatives will attempt to align the world’s most advanced economies in the fight against global warming. Japan has sought to play a central role in financing the shift towards cleaner forms of energy in Asia, which accounts for roughly…
Watch Florida republican react to question about ‘right to live’ amid mass shootings Following multiple mass shootings and ongoing calls for gun reform, CNN’s Jake Tapper presses Rep. Byron Donalds (R-FL) on his stance on gun ownership. Read the full article here
Britain announced sanctions Wednesday against those it says helped sanctioned Russian oligarchs to hide their assets. Leading the list was a Cyprus provider of shell corporations that disguised the investments of billionaire Roman Abramovich in the U.S. cannabis industry and other sectors, as Barron’s reported in January. The U.K.’s Foreign Office imposed asset freezes, travel bans, and trust service sanctions against Demetris Ioannides and his Cyprus trust provider Meritservus HC Limited., saying Ioannides was “responsible for crafting the murky offshore structures which Abramovich used to hide over £760 million assets ahead of being sanctioned following Putin’s illegal invasion of Ukraine.” The…
Chewy stock was climbing Tuesday after an analyst said the importance people put on their pets should provide a tailwind for the company moving forward. Chewy (ticker: CHWY) is an online retailer for pet supplies including food, toys, and medicine. JMP analyst Nicholas Jones initiated coverage of the company with a Market Outperform rating on Tuesday, which happened to be National Pet Day. Jones wrote in a research note that his bullishness is due to people’s love of their pets. “Chewy, Inc.’s dominant position within pet-related retail and services positions it well to capture a highly impassioned audience that is…
