Friday, April 16, 2021

So far in earnings season, companies are reporting numbers way above what Wall Street expected

So far in earnings season, companies are reporting numbers way above what Wall Street expected
A trader works on the floor of the New York Stock Exchange. NYSE Everyone knew earnings were going to be good, but this is really good. "There's evidence every day that growth is clearly improving around the world, today from the US to Australia," Ed Hyman, chairman...

M1xchange raises $10 million led by Amazon

M1xchange has raised $10 million in its current funding round, which was led by Amazon, and had participation from BEENEXT and existing investor Mayfield. M1xchange is amongst the holders of the three Trade Receivables Discounting System (TReDS) licenses issued by RBI, in terms of...

The economy is running on a stimulus-fueled caffeine high. What will happen when it wears off?

The economy is running on a stimulus-fueled caffeine high. What will happen when it wears off?
Construction worker make infrastructure repairs on the intersection of Church Avenue and Coney Island Avenue in the Flatbush neighborhood of Brooklyn borough on April 06, 2021 in New York City. Michael M. Santiago | Getty Images The setting for 2021 seems clear: A powerful growth trajectory...

ClearTax | ClearOne: ClearTax launches e-invoicing product to help SMEs

BENGALURU: To help Indian businesses digitize and streamline their billing and e-invoicing needs, ClearTax has launched a GST compliant billing and e-invoicing product called ClearOne. ClearOne is an easy to set up and use product which enables SMEs to generate invoices for their business. SMEs...

Stock futures inch higher after S&P 500 retreats from record

Stock futures inch higher after S&P 500 retreats from record
Futures contracts tied to the major U.S. stock indexes ticked higher in the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session. Contracts tied to the Dow added 53 points, while those pegged to the S&P 500 rose...

Amazon gears up for annual Smbhav summit for SMEs, but a section of retailers plan counter event

NEW DELHI: On Thursday, Amazon kicks off the second edition of its annual summit for small and medium enterprises called Smbhav, with a galaxy of speakers including Indra Nooyi, Sunil Mittal, Sanjiv Mehta and Nandan Nilekani at the online event. At about the same time,...

Senate bill would expand unemployment benefits and pay $250 a week to gig workers

Senate bill would expand unemployment benefits and pay $250 a week to gig workers
Senate Finance Committee Chairman Ron Wyden, D-Ore., speaks at a Senate Finance Committee hearing at the U.S. Capitol on Feb. 25, 2021. Tasos Katopodis | Getty Images News | Getty Images A Senate bill introduced Wednesday would broadly reform the U.S. unemployment system, seeking to plug...

Stocks making the biggest moves after the bell: Dell, Coinbase, American Eagle & more

Stocks making the biggest moves after the bell: Dell, Coinbase, American Eagle & more
Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: American Eagle — The teen apparel retailer's stock...

Did Patanjali get 60,000 hectare Ruchi Soya land overseas for nothing? A Lucknow firm can answer.

Did Patanjali get 60,000 hectare Ruchi Soya land overseas for nothing? A Lucknow firm can answer.
Yoga guru Baba Ramdev speaks during a press conference on January 24, 2020 in New Delhi, India. He said that Patanjali group, which has acquired debt-ridden Ruchi Soya, is expecting 25,000 crore turnover this fiscal, and aims to become the country's largest FMCG company...