Posts

Cannes fans dig deep for black-market tickets - Yahoo News

Image
Many punters come to Cannes hoping for a free ticket Two thousand euros for the world premiere of the latest "Indiana Jones", or how about 20,000 for an evening in the presence of Leonardo DiCaprio? The black market for the top tickets at the Cannes Film Festival is in full swing. While industry professionals and accredited journalists get in free, there are many general punters who show up in the hope of blagging or buying entry to the hottest events on the Cannes Croisette. Many hang around -- ready to go, in full evening dress -- outside the Palais des Festivals with signs, hoping for a freebie. "I've already seen three films for free. Each time, nice people gave me a ticket," says Sienna, an Italian woman in her thirties who travelled all the way from Berlin. A 25-year-old from Finland, who asked not to be identified, said he would be happy to cough up a bit of cash for "an Almodovar or the new Scorsese". Spain's Pedro Almodovar w...

Invoice Factoring Market Size Worth $6,004.70 Billion by 2032 - Rising Fintech Solution Adoption Rate among SMEs - Yahoo Finance

Image
The Brainy Insights The global invoice factoring market is anticipated to grow at a CAGR of 8.16% from 2023 to 2032. The rise in demand for alternate forms of finance for micro, small and medium-sized businesses contribute to the market expansion. Newark, May 25, 2023 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 2,740.47 billion in 2022  invoice factoring market will reach USD 6,004.70 billion by 2032. It is anticipated that the widespread adoption of machine learning (ML), natural language processing (NLP), and artificial intelligence (AI) will lead to profitable expansion opportunities for factoring during the projected period. The COVID-19 outbreak brought a more collaborative approach, with banks and Supply Chain Finance (SCFs) working together to benefit the client ecosystems. For Right Perspective and Competitive Insights, Get Sample Report at: https://www.thebrainyinsights.com/enquiry/sample-request/13488 Key Insight of the Invoice Factoring Mar...

Debt-Limit Concerns Drive Money-Market Assets to Fresh Record - Bloomberg

[unable to retrieve full-text content] Debt-Limit Concerns Drive Money-Market Assets to Fresh Record    Bloomberg from "market" - Google News https://ift.tt/HvarTlZ via IFTTT

Nasdaq 100 futures jump after Nvidia's earnings beat: Live updates - CNBC

Image
Nasdaq 100 futures rallied Wednesday night after a strong earnings beat from Nvidia. Nasdaq 100 futures jumped 1.7%. Dow Jones Industrial Average futures were flat, while S&P 500 futures gained 0.66%. Nvidia shares surged 26% in extended trading after the artificial intelligence beneficiary gave stronger-than-expected revenue guidance for its fiscal second quarter, while also reporting beats on the top and bottom line in the previous quarter. On the other hand, Snowflake shares tumbled 11% after hours. The cloud computing company gave weaker-than-expected product revenue guidance for the fiscal second quarter. Nvidia shares 1-day Those moves follow a down day for the major averages, with the Dow Jones Industrial Average on Wednesday posting a fourth straight day of losses. The 30-stock index dropped 255.59 points , or 0.77%. The  S&P 500  ended the day lower by 0.73%, while the  Nasdaq Composite  fell 0.61%. Debt ceiling negotiations conti...

Public Credit Market Facing Headwinds, S&P's Prunty Says - Bloomberg

[unable to retrieve full-text content] Public Credit Market Facing Headwinds, S&P's Prunty Says    Bloomberg from "market" - Google News https://ift.tt/53P6DRo via IFTTT

Tom Lee highlights the top picks in his market-beating portfolio - CNBC

Image
Fundstrat Global Advisors founder Tom Lee highlighted five must-own stocks from his Granny Shots portfolio, which has beaten the market for roughly five years running. The Granny Shots portfolio is a distillation of more than 30 of Fundstrat's best stock ideas. Since its inception in 2019, the portfolio has outpaced the S & P 500, gaining 133%, while the broader index climbed 58%, according to the website. This year, Granny Shots is 8.3% higher, better than the S & P 500's 7.4% gain. The portfolio is named after a simple underhanded method of shooting in basketball that's considered to have high reward with low risk. On Tuesday, however, Lee introduced Super Grannies for investors who are wondering which stocks to buy first in his Granny Shots portfolio. These are the five stocks he ranks as the best of the best. Here are the picks. Fortinet was named a Super Granny. Fundstrat's Mark Newton said the cybersecurity stock could climb to new heights, even after ral...

Housing Market Ice Age: fewer sales, higher home prices, less inventory - Business Insider

Image
Redeem now Attempting to time the housing market is a foolish pursuit. Sure, there are heaps of data, forecasts, and market experts who can offer theories on where home prices or borrowing rates are headed. But no amount of tea-leaf reading can spare you from this harsh reality: Homebuying is ultimately a coin toss. If you're very lucky, you buy a home right before prices boom. If you're not so fortunate, you pony up the cash just in time for the bubble to burst. While these breaking points are nearly impossible to see in advance, they're often glaring in hindsight. Perhaps the most shocking "before and after" for the housing market in recent memory — the moment when the fortunes of homebuyers diverged, creating what one expert called a "housing economy of 'haves' and 'have-nots'" — came in July 2020. That's when it became clear that a wave of house-hungry millennials and space-starved remote workers were turning t...