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[ad_1] Li Auto Disappoints in Hong Kong Debut, but Moves Forward With Big Plans [ad_2] Source link

[ad_1] Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in green on weekly F&O expiry day. [ad_2] Source link

[ad_1] “We think it’s mainstream,” Opendoor CEO Eric Wu said of his company’s instant homebuying platform. “All the homeowners crave what we’re offering.” “Over the long haul,” Wu added, regarding iBuying. “We think it will be the majority of transactions.” That could be the future, but in the present iBuying is about .5% of U.S. home sales, per a Redfin report in June. Also, in the present Opendoor continues to lose money but grow as a company. The seven-year-old, San Francisco-based company reported Wednesday a $144 million net income loss for the second quarter of 2021, and $1.2 billion in revenue. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Opendoor ramps up but loses $144M appeared first on HousingWire. [ad_2] Source link

[ad_1] The post Unity Stock Jumps on Upbeat Earnings and Parsec Purchase appeared first on Millennial Money. Shares of Unity Software (NYSE: U) jumped by as much as 10% on Wednesday after the company reported strong second quarter earnings alongside a blockbuster acquisition. The game engine specialist delivered a beat-and-raise as it continues to expand into non-gaming industries. As of 11:30 a.m. EDT, the stock was up 8%. An impressive top line beat Revenue in the second quarter jumped 48% to $273.6 million, crushing the consensus estimate of $242.75 million. That resulted in an adjusted net loss per share of $0.02, which was better than the $0.12 per share in adjusted losses for which Wall Street analysts were modeling.  Both of Unity’s primary operating segments enjoyed robust growth, particularly the Operate Solutions business where Unity helps content creators manage and monetize their apps. Unity’s dollar-based net expansion rate, which measures sales to existing customers, remained strong at 142%. Segment Revenue YOY Growth Create Solutions $72.4 million 31% Operate Solutions $182.9 million 63% Strategic Partnerships and Other $18.3 million 9% Data source: SEC filings. “At Unity, our goal is to provide creators with the best tools to succeed as RT3D [real-time 3D] creators,” CEO John Riccitiello commented in a statement. “Unity is designed to enable creators to build anything digital and to instantly deploy their work across dozens of platform types and devices, which is to make participating in building the metaverse accessible to all creators.” The company is making progress in expanding outside of gaming, adding three automotive manufacturers and other consumer products companies as customers. Betting on a remote future Unity has been on a buying spree in recent months, picking up organizations such as the maker of Pixyz, which offers 3D data preparation and optimization software, and Data Visualization, which created the SpeedTree environmental creation platform.  The company is following up those deals with the purchase of Parsec, a remote desktop app that connects gamers and creative professionals and allows them to collaborate from anywhere. With the wholesale shift to remote working models catalyzed by the COVID-19 pandemic, the Parsec deal better positions Unity for a future where developers and RT3D professionals can work from anywhere. At $320 million in cash, Parsec is Unity’s largest acquisition to date. Unity notes that many juggernaut studios such as Electronic Arts (NASDAQ: EA), Ubisoft (OTC: UBSFY), and Square Enix (OTC: SQNXF) have already incorporated Parsec into their operations as part of the shift to hybrid work models. The company sees an opportunity to cross-sell and bundle offerings, creating revenue synergies. Raising guidance Guidance for the third quarter calls for revenue in the range of $260 million to $265 million, comfortably above the $254.1 million in sales that analysts are looking for. Unity is forecasting an adjusted operating margin of negative 6% to negative 8%. The company boosted its full-year forecast, with revenue in 2021 now expected to be $1.045 billion to $1.06 billion, up from its prior outlook of $1 billion to $1.015 billion. The consensus estimate for 2021 sales currently sits at $1.01 billion. Pick Like A Pro Where to invest $500 right now Lots of new investors take chances on long shots instead of buying shares of great companies. I prefer businesses like Amazon, Netflix, and Apple — they’re all on my best stocks for beginners list. There’s a company that “called” these businesses long before they hit it big. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Take a look where they are now. That company: The Motley Fool. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. They just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you should check out the full details. Click here to learn more The post Unity Stock Jumps on Upbeat Earnings and Parsec Purchase appeared first on Millennial Money. [ad_2] Source link

[ad_1] Covid… that was the last thing I expected she would test positive for when our doctor sent us to the hospital when Kierstyn was really, really sick a few weeks ago. She had come down with a fever and a really bad case of what we thought were hives all of a sudden on a Sunday night a few weeks ago. We called the after-hours nurse and she had us go in and get it checked out at the walk-in clinic that night. They thought it was just some sort of allergic reaction + a virus. They gave her Benadryl and told us what to watch for and sent us home. Her fever went up and her hives got worse Sunday night/early Monday morning. She was miserable and my mama heart felt like something wasn’t right. We called our pediatrician Monday morning and got Kierstyn in to see her. Kierstyn’s fever continued to rise and her rash/hives got a lot worse and she was inconsolable, so our pediatrician sent us to the hospital. In addition to giving her IV fluids and meds, they ran a battery of tests/bloodwork… and we were all shocked when she tested positive for rhinovirus and Covid. (We knew something was up when the lady came in in a sort of hazmat looking suit to tell us the results!!) They were able to find some meds to give her some relief and calm her down and her breathing looked good, so they sent us home with meds and what to look for and watch for (they felt she’d be more comfortable at home and they said basically what they were doing at the hospital we could also do at home, since she didn’t need any oxygen or anything). In this week’s episode, we share about our experience, Kierstyn’s recovery process, what we learned about MIS-C, surprising info that we never expected from test results, and lessons we learned from this experience. At the beginning of this episode, we start it out like we always do — giving you some life updates, talking about books, sharing about what’s saving our life, and sharing some listener feedback! Note: I know that even talking about this topic can be hot-button and controversial — something I seek to avoid in what I post here. We wanted to share our story since so many of you care and were praying when Kierstyn got so sick + we are hopeful that our story will be helpful to some of you — since there was a lot we learned in the process and wish we had known. However, we tried to tell it in a way that would not be controversial or triggering to anyone. Instead, we hope it is helpful. As always, comments that are seeking to debate or are related to hot-button issues will be deleted. There are plenty of other spaces to discuss those things on the internet. Thank you for making this a debate-free, politics-free blog!  In This Episode: [0:35] – We explain why we took the last two weeks off. [2:00] – We also went on our annual trip recently with my extended family. [2:55] – I recently finished listening to The President Is Missing — an audiobook Jesse recommended! [8:06] – What has been saving my life. [10:30] – Hear a funny story about my recent trip to the dentist. [12:57] – It’s listener feedback time! [18:16] – We start sharing our recent story involving our experience with COVID-19. [20:45] – Learn about what happened a couple weeks ago on the weekend of a baseball tournament. [23:11] – We share what our daughter was initially diagnosed with. [26:06] – Our daughter’s fever was 104, and medical personnel knew something was wrong. [28:48] – We were shocked to find out that Kierstyn tested positive for COVID. [31:26] – We had so much planned that the COVID diagnosis impacted. [34:09] – The new hospital where Kierstyn was transferred didn’t seem as concerned. [36:02] – We started thinking back over the last few weeks and things started making sense. [38:02] – What we learned from the testing we got done. [40:42] – What Kierstyn’s recovery process looked like. [41:42] – Two lessons we learned from the experience. Links and Resources: James Patterson & Bill Clinton – The President Is Missing Libby The Crystal Paine Show – Episode 133: Our Best Strategies for Raising “Twins” Love-Centered Parenting 10 Days to Be a Happier Mom Sign up for the Hot Deals Email List MoneySavingMom.com My Instagram account (I’d love for you to follow me there! I usually hop on at least a few times per day and share behind-the-scenes photos and videos, my grocery store hauls, funny stories, or just anything I’m pondering or would like your advice or feedback on!) Have feedback on the show or suggestions for future episodes or topics? Send me an email: crystal@moneysavingmom.com How to Listen to The Crystal Paine Show The podcast is available on iTunes, Android, Stitcher, and Spotify. You can listen online through the direct player here. OR, a much easier way to listen is by subscribing to the podcast through a free podcast app on your phone. (Find instructions for how to subscribe to a podcast here.) Ready to dive in and listen? Hit the player above or search for “The Crystal Paine Show” on your favorite podcast app. [ad_2] Source link

[ad_1] DoorDash held talks to buy Instacart- The Information [ad_2] Source link

[ad_1] ReNew Power has an aggregate renewable energy capacity of more than 10 GW, out of which around 5.6 GW are currently operational. By FY25, the company intends to own 18 GW of renewable energy assets. [ad_2] Source link

[ad_1] if(typeof(jQuery)==”function”){(function($){$.fn.fitVids=function(){}})(jQuery)}; jwplayer(‘jwplayer_vH68K7Cp_2RuqXW7O_div’).setup( {“playlist”:”https://content.jwplatform.com/feeds/vH68K7Cp.json”,”ph”:2} ); Insights by ICE Mortgage Technology Insights by ICE Mortgage Technology is the only analytics solution that can provide near real-time industry and peer benchmarking, out-of-the-box, with key metrics for efficiency, operational costs, rates, market penetration and numerous other key data points so you can be better informed to make smart data-driven business decisions. Product Fast Facts #1 A software as a service industry and peer benchmarking product with an intuitive interface that is quickly provisioned and can be immediately used #2 Data is de-identified and aggregated from IMT lenders showing metrics such as pricing, pull-through rates, time to close – no HMDA or industry survey reporting delays. #3 Users can view by benchmark, map count, map trends, performance at a glance, see aggregated borrow profiles, closed loan trends, and much more. Get More Info The post Mortgage Tech Demo Day: Insights by ICE Mortgage Technology appeared first on HousingWire. [ad_2] Source link

[ad_1] The post Virgin Galactic Stock Crashes to Earth on Analyst Downgrade appeared first on Millennial Money. After flying high in recent months due to investor excitement surrounding successful test flights, shares of Virgin Galactic (NYSE: SPCE) crashed back down to Earth on Wednesday after receiving an analyst downgrade. The news comes shortly after Virgin Galactic announced a massive price increase, with tickets now costing $450,000, up from the previous price of $250,000. As of 12:20 p.m. EDT, Virgin Galactic stock was down by 14%. No more positive catalysts on the horizon Morgan Stanley executive director Kristine Liwag downgraded her rating on Virgin Galactic from equal weight (equivalent to a neutral) to underweight (equivalent to a sell) while reiterating a price target of $25. The stock had climbed to nearly $58 over the summer amid enthusiasm for Virgin Galactic’s flight that sent billionaire co-founder Richard Branson to the edge of space just days before Amazon.com (NASDAQ: AMZN) founder Jeff Bezos made a similar journey aboard a New Shepard rocket made by his startup Blue Origin. With those historic flights completed, Virgin Galactic is unlikely to have much positive news to drive the stock higher, in Liwag’s view. “We expect shares to return towards long-term valuation of $25 as the company completes a catalyst rich period after Sir Richard Branson’s successful flight and transitions to a prolonged period of no flights,” the analyst wrote in a research note to investors. “After the expected flight of Unity 23 in September 2021, the company’s sole mothership, Eve, will be grounded for an 8 month enhancement period.” While Virgin Galactic conducts maintenance on the spacecraft, it will not be able to perform any additional flights until the summer of 2022. The company does not consistently generate revenue since it is still developing its vehicles, although it occasionally brings in sales through other ways.  For example, Virgin Galactic’s test flight in May carried a revenue-generating payload for scientific research, and the company recognized $571,000 in revenue in the second quarter. The upcoming flight in September will be a revenue-generating mission with the Italian Air Force. Taking a long-term view Liwag acknowledges that the upgrades to Eve are positive in the long-term as Virgin Galactic is investing in capacity, but cautions that investors will need to be patient. Once the upgrades are completed, Virgin Galactic will dramatically shorten turnaround times and be capable of flying more frequently. Meanwhile, Virgin Galactic is still working on a next-generation “Delta class” spaceship. The company recently filed to raise $500 million through an at-the-market (ATM) offering, and Liwag expects that Virgin Galactic will use the bulk of that cash to help fund the development of its Delta fleet. Those spacecraft are not expected to start commercial flights until at least 2024 or 2025, according to the analyst. Pick Like A Pro Where to invest $500 right now Before you buy Amazon, or Netflix, or Apple, consider this… The team at Motley Fool first recommended each of those stocks more than a dozen years ago! They discovered Netflix for $1.85 per share, back in the days of DVDs by mail. And recommended Amazon at $15.31 in 2002, before most people were comfortable using credit cards online. And even hit Apple at $4.97 per share, about a month before the release of the very first iPhone. Check out where those stocks are today. The bottom line: a $500 investment in all three of these stocks would be worth more than $200,000 today! And here’s why that’s important: The Motley Fool’s flagship investing service Stock Advisor just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you’ll want to get the full details! Click here to learn more The post Virgin Galactic Stock Crashes to Earth on Analyst Downgrade appeared first on Millennial Money. [ad_2] Source link

[ad_1] Running low on toilet paper? Here’s a great deal on Charmin Ultra Strong Clean Touch Toilet Paper! Amazon has Charmin Ultra Strong Clean Touch Toilet Paper, 18 Family Mega Rolls for only $15.74 each shipped when you buy two and save an extra $10 at checkout! That’s like paying only $0.17 per regularly roll, which is a great stock up price for Charmin brand! You can also get this Charmin Ultra Soft Cushiony Touch Toilet Paper, 18 Family Mega Rolls for just $15.74 shipped when you buy two and save an extra $10 at checkout! Sign up for a free trial of Amazon Prime to get guaranteed FREE two-day shipping (and possibly one-day or same-day shipping!). And don’t forget you can sign up for Swagbucks to earn free gift cards to use on deals on Amazon. [ad_2] Source link