News

Key Points

• Bowlero is the world’s largest 10-pin bowling center operation, with 329 locations.
• Bowlero owns the Professional Bowlers Association (PBA), the top governing league for bowling.

Key Points

• Chegg is one of the biggest consensus “AI losers,” or companies that will be negatively affected by AI developments.
• The stock declined nearly 50% after its most recent earnings

Key Points

• Enovix has experienced an impressive turnaround, with its stock up over 100% since the January low.
• The company is strategically expanding its capabilities and presence in Asia.

Sacking the CEO and at least 100 others may be viewed as last ditch effort to turnaround underperforming TRUE stock

Shares of online vehicle listing platform TrueCar (NASDAQ:TRUE) are surging in

In a world that constantly bombards people with images of wealth and success, it’s no wonder to feel the pressure of presenting a facade of wealth. Many people believe that the appearance of

• Search interest in ‘AI’ has more than doubled since the beginning of 2023, jumping from 17 million searches in January to 42 million in May
• Google Trends data reveals ‘AI’ interest is now at an

During the darkest hours of the global coronavirus pandemic, the US government spent $3 trillion to help rescue the country’s — and, to some extent, the world’s — economy. The major surge in

• New findings reveal that food plans created by the U.S. Department of Agriculture expect Americans to spend 71% more on groceries than last year
• A single ‘thrify’ person should be spending $325

In terms of challenges, there were few as unexpected and damaging as COVID was for businesses. Industry was booming and many risks were made with the expectation of that continuing. COVID-19 and

My wife and I took a birthday trip to Tuscany over Memorial Day weekend.

There was love, laughter, and lots of wine.

I’m always on the lookout for investing ideas on my trips. You often find

• SpaceX founder, Elon Musk, is the CEO the world is ‘most curious’ about, according to a new study that measures the average monthly search volume for terms related to entrepreneurship.
• American

Stockholm, Sweden, June 15th, 2023, Chainwire

BLK DNM bridging the Physical and Virtual Worlds of Fashion through Blockchain Innovation

Swedish-American fashion brand BLK DNM today unveils the

In a game-changing turn of events, yesterday’s FOMC meeting shattered hopes of a quick, dovish U-turn as the Fed announced the possibility of raising rates twice this year.

Yesterday’s FOMC and

The landscape of commerce has experienced a radical shift, with e-commerce firmly cementing its dominance. Traditional brick-and-mortar stores have always thrived on building personalized

• China cuts medium-term rates on back of weak economic outlook.
• FTSE 100 ticks down 14 points.
• US Stocks broadly flat following mixed messaging from Federal Reserve.
• Brent crude ticks up

No hike FOMC news was sold, yet S&P 500 managed to recover around two thirds of the initial decline – driven chiefly by tech. The downside though continues in the premarket session, making it

Some residents in North Carolina will soon get a tax rebate, but for that, they need to hurry up as the last date to apply is just days away. Specifically, this tax rebate from North Carolina is a

Logica Capital commentary for the month ended May 31, 2023.

Summary

The story of May continues the story of 2023: thin breadth and extreme dispersion among stocks/indices (the Nasdaq 100