stocktrader

Fast fashion giants H&M and Inditex invest in sustainable lab-grown cotton with Galy

Boston-based startup Galy, founded in 2019, is making waves in the textile industry with its innovative lab-grown cotton. Using a proprietary process that significantly reduces water, land, and fertiliser use, Galy offers a sustainable alternative to traditional cotton farming. The company recently secured a $50 million supply deal with Suzuran Medical Inc. and raised $33… Continue reading Fast fashion giants H&M and Inditex invest in sustainable lab-grown cotton with Galy

Interview: Indian startups have bagged $7-B funding in H1 of 2024, says IVY Growth’s Toshniwal

Even with peaks and troughs, India’s startup ecosystem has largely been growing rapidly in recent years and as of June 2024, the country had 67 unicorns valued at over $1 billion. Over the last one and a half years, funding in Indian startups experienced a slowdown as investors became more cautious and selective, and some… Continue reading Interview: Indian startups have bagged $7-B funding in H1 of 2024, says IVY Growth’s Toshniwal

Interview: ‘Global’ families prefer trusts over wills for succession, says Gavankar of Kotak Mahindra

It was American business magnate John D Rockefeller who, in the 19th century, established one of the first family offices the world has known, to manage his vast wealth and family affairs. Over time, the family office model expanded globally, adapting to different legal and economic environments, and became a cornerstone for wealth preservation and… Continue reading Interview: ‘Global’ families prefer trusts over wills for succession, says Gavankar of Kotak Mahindra

US stock ownership disparity: 62% of Americans invested, unequal distribution raises questions

According to a recent Gallup poll, 62 per cent of adults in the Unites States currently own stocks, which represents the highest percentage since 2008. While stock ownership is frequently regarded as an important component of economic participation and progress, the distribution of stock holdings tells a different tale, indicating growing wealth gaps among Americans.… Continue reading US stock ownership disparity: 62% of Americans invested, unequal distribution raises questions

Wells Fargo reduces price target on Dell to $150: Time to hold or sell?

Dell Technologies Inc. (NYSE: DELL) is in the spotlight today following Wells Fargo’s decision to reduce its price target on the company from $175 to $150, still reflecting a potential upside of 50% from its current price. This adjustment comes amidst ongoing discussions about Dell’s AI server monetization versus margin concerns. According to Wells Fargo,… Continue reading Wells Fargo reduces price target on Dell to $150: Time to hold or sell?

DnF mobile drives gaming recovery as Tencent’s revenue surges

Tencent holdings second quarter revenue rose 8% YoY, mainly due to strength in its gaming segment driven by the success of its game Dungeon Fighters Online(DnF). The game was released in May and became the most downloaded game in China after its release. Tencent is the operator of the WeChat messaging service in China, but… Continue reading DnF mobile drives gaming recovery as Tencent’s revenue surges

3 things Brian Niccol will do to turn around Starbucks

Brian Niccol will likely opt for a massive increase in capital expenditures to position Starbucks Corp (NASDAQ: SBUX) well for the long term, says Jon Tower – a Citi analyst. A better part of these investments is expected to be focused on technology, especially around siren station remodelling that could help improve throughput as well… Continue reading 3 things Brian Niccol will do to turn around Starbucks