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Showing Tag: " era" (Show all posts)

Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era

Posted by Anusuya Lahiri on Sunday, March 10, 2024, In : #WATCHLiST 
Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era

Alibaba Group Holding Limited’s (NYSE:BABA) gaming division, Lingxi Games, announced a significant leadership change, with the current team stepping down to usher in younger management. 

This decision aligns with Alibaba’s strategy in 2023 to infuse its leadership teams with individuals born after 1985, aiming to preserve a dynamic startup culture and avoid stagnation. 

The move is part of Alibaba’s broader restructuring to a holding company model and its operations division into six prim...


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Food brands are trying to adapt to the Ozempic era by following past playbooks

Posted by Shermwood on Thursday, December 14, 2023, In : Technical Analysis 

Ghosting the snack aisle (Jeff Greenberg/Getty Images)

 
Yesterday’s Market Moves
 
Dow Jones
36,117 (+0.17%)		S&P 500
4,586 (+0.80%)		Nasdaq
14,340 (+1.37%)		Bitcoin
$43,248 (-1.09%)

Hey Snackers,

Emily in Paris < Krispy in Paris? 500 Parisians waited in line (some camping out overnight) for a taste of Krispy Kreme doughnuts this week, after the glazed icon opened its first location in France. Croissants are shaking.

The Dow and S&P 500 rallied yesterday to break a three-day losing streak a...


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Day Trader Army Loses All the Money It Made in Meme-Stock Era

Posted by Lu Wang on Tuesday, May 10, 2022,
                                                           
  • ‘Diamond hands’ mentality fuels dip buying and now faces test
  • Capitulation from the crowd may help signal a market bottom

It’s ending as fast as it began for retail day traders, whose crowd-sourced daring was the pre-eminent story of pandemic equities.

Nursing losses in 2022 that are worse than the rest of the market’s, amateur investors who jumped in when the lockdown began have now given back all of their once-prodigious ga...


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Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors

Posted by Tory Newmyer, Jeff Stein, Nitasha Tiku on Sunday, January 30, 2022, In : Technical Analysis 


By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in game development.

But over the past two months, the value of cryptocurrencies has plummeted, taking with it much of Carter’s digital nest egg, a mix of Ethereum, the second-most popular cryptocurrency, and a number of more obscure coins.

“It’s gotten out of ha...


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