Tobias Lutke Gains New Voting Rights on Shareholder Ballot – Shopify
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Investors in Shopify Inc. have agreed to give Chief Executive Officer Tobi Lutke special voting rights, ensuring his influence at the e-commerce software business he established. Despite the recommendations of two famous advisory companies, shareholders approved a plan to create a “founder share” for Lutke. Under certain conditions, including his continued employment with the corporation, […]
Hedge funds dump tech, buy oil in search of Returns
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Stocks and bonds are out and oil is in. It’s the playbook for hedge funds looking to juggle persistent inflation, rising interest rates, and a steeply declining tech-heavy stock market. Hedge funds are the most bullish on oil since mid-November based on combined net long positions in Brent Crude and West Texas Intermediate futures. Positions […]
Here’s Why Lemonade’s Stock Is Sliding Today
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2021-10-04 10:01:31 What happened Shares of Lemonade (NYSE:LMND) were tumbling today on seemingly no company-specific news. Many technology stocks were losing ground in response to rising Treasury yields, which is likely the same reason Lemonade’s stock was falling. Its shares were down by 4.9% as of 12:18 p.m. EDT on Monday. So what The 10-year Treasury yield […]
Canadian Tech Startup Makes Mental Health Accessible to Young Professionals
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2021-10-04 07:22:00 The Journal That Talks Back™ is an entirely new approach to coaching — built from the ground up. TORONTO, Oct. 4, 2021 /CNW/ – Most of us think we know what coaching, counselling and therapy are like: expensive, weekly sessions that last an hour or less and may or may not feel productive. Live […]
Middle East & Africa Data Center Market Outlook & Investment Analysis Report 2021-2026 – ResearchAndMarkets.com
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2021-10-04 06:50:00 DUBLIN–(BUSINESS WIRE)–The “Middle East & Africa Data Center Market – Industry Outlook & Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The Middle East & Africa data center market by investment is expected to grow at a CAGR of 10.38% during the period 2021-2026. In the Middle East & Africa, growing internet […]