Markets
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Pegasus Tech Ventures, a VC firm connecting big Asian corporations with hot startups, just bought a boutique firm with a long Silicon Valley history
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
No CommentsPegasus Tech Ventures CEO Anis Uzzaman. Pegasus Tech Ventures
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Elizabeth Warren's proposal to cancel $50,000 in student debt would benefit low-income borrowers more, report finds
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
Senate Majority Leader Chuck Schumer (D-NY) speaks during a press conference about student debt outside the Capitol on February 4, 2021 in Washington, DC. Also pictured, L-R, Rep. Mondaire Jones (D-NY), Rep. Alma Adams (D-NC), Rep. Ilhan Omar (D-MN), Sen. Elizabeth Warren (D-MA) and Rep. Ayanna Pressley (D-MA). Drew Angerer/Getty Images
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An award-winning software analyst of nearly 20 years breaks down why these 4 beaten-down stocks are set to soar in the months ahead – including 1 with 163% upside
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
Stephen Lam/Getty Images Software stocks have pulled back in recent months as vaccinations have increased. Investors should see this as a buying opportunity for some names, analyst Pat Walraven says. Walraven shared 4 beaten-down names in the space where investors can take advantage of upside. See more stories on Insider’s business page. Software stocks were among the greatest beneficiaries of the pandemic, as firms relied on remote-work and e-commerce infrastructure to keep their businesses running smoothly in a stay-at-home environment.But over the last several months, as vaccinations have increased and the economy has gradually reopened, investors have exited much of the sector in favor of cheaper, more cyclical names. According to Pat Walravens, this has created a buying opportunity in some software stocks. Walravens is an analyst at JMP Securities who has almost 20 years of experience in the business and ranked second in the 2017 Thomson Reuters Analysts Awards for stock picking in the internet and software sub-sectors.On Monday, Walravens revealed his five favorite firms in the sector whose prices have dropped in recent months but which still have strong fundamental tailwinds.The five stocks are listed below, along with the reasons why Walravens like
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Ossia Launches Cota Real Wireless Power Trailer Tracker System that Can Save Distribution Centers Millions While Improving Safety
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
REDMOND, Wash., June 9, 2021 /PRNewswire/ — Ossia Inc. (“Ossia”), the company that created Cota® Real Wireless Power™, today announced a collaboration with Sensata-Xirgo Technologies (“Sensata-Xirgo”), a company that builds innovative wireless IoT communication devices, that has led to the creation of a Cota-powered Trailer Tracking Yard Management Solution which is enabled by Ossia’s over the air charging technology. This first-of-a-kind innovation can save distribution centers millions per year by improving on real time logistics information, efficiency, and worker safety. The companies teamed up to create a tracking solution that solves the problem of misplaced trailers at large distribution centers that serve major retailers and logistics company hubs. Distribution centers can be massive, occupying several square miles and receiving hundreds of trucks daily. Ensuring that the exact location of all dropped trailers and containers is always known is an ongoing challenge, with several potential points of failure. Finding lost trailers among hundreds of nearly identical trailers takes significant time and effort and poses a safety risk with a high level of manual human intervention to search for these trailers in the yard.Wirelessly Powered Tracker Solution Helps Keep GPS Trackers OnlineTrailer tracking devices are temporary trackers which require charging between uses. Distribution
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Wendy's and Clean Energy Fuels among new meme stocks on the rise as Redditors seek new targets
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
AP/Michael Dwyer
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10 of the most influential investors in history recommend 3 ways to build the perfect portfolio – and agree that diversification is the golden rule for investing success
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
Jeremy Siegel, known as the Wizard of Wharton, is one of the investors profiled in the new book “In Pursuit of the Perfect Portfolio.” REUTERS/Steve Marcus
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The Polaroid Go is a tiny retro instant camera for your hot vax summer – here's what it's like to use
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
The Polaroid Go is a mini version of the classic retro camera. Shona Ghosh/Insider
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Michael Saylor's MicroStrategy ramps up junk-bond borrowing to plow $500 million more into bitcoin
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
MicroStrategy boss Michael Saylor is one of the most prominent bitcoin bulls. Joe Raedle/Getty Images
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CAC 40 Marginally Higher Ahead Of US Inflation Data
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – French stocks were little changed on Wednesday as investors moved to the sidelines ahead of U.S. inflation data and the European Central Bank policy meeting. The benchmark CAC 40 was up 0.1 percent at 6,558 after closing 0.1 percent higher the previous day. Renault shares were marginally higher. The carmaker said that it has signed an agreement with the representative trade unions for the future of the Renault sites in the Hauts-de-France region. Separately, the company announced that it had been charged with ‘deceit’ by French prosecutors over a diesel emissions probe launched in 2017. Airline Air France KLM jumped 2.5 percent after the U.S. CDC said it was easing travel recommendations on 110 countries and territories. Food group Danone lost 1.6 percent after RBC downgraded the stock to “underperform”.
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Protiviti cements position as M&A advisor in GCC with major telecom sector deal
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
KUWAIT CITY, June 9, 2021 /PRNewswire/ — Kalaam Telecom, Bahrain’s leading technology solutions provider, announced the 100% acquisition of Zajil International Telecom Company, a prominent Kuwait-based Information and Communications Technology (ICT) service provider. Protiviti Member Firm for the Middle East Region (www.protiviti.com/KW-en) was the exclusive M&A advisor to Zajil on this transaction, which is estimated to be the largest ICT deal in the MENA region in the last three years. “ICT is one of the most competitive spaces globally – and Protiviti enjoys a leadership position in this space. Our experience helped us tremendously in creating the right transaction strategy for Zajil to materialize this deal,” asserted Sanjeev Agarwal, CEO, Protiviti Member Firm for the Middle East Region. “Over the last couple of years, most of the M&A deals – globally in general and MENA in particular, have been fueled not just out of a desire to expand the top line, but also to bring in digital transformation in a big way. This trend is going to accelerate. Telecom and ICT companies in GCC have to walk the tightrope between expanding into digital space, mitigating associated risks and unearthing new business value. Protiviti, as the trusted advisors to most of the