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Millennials will advance in their careers, achieve peak income, accumulate stronger purchasing power, which will increase their influence in the consumer marketplace. Companies that can adapt to millennials' spending preferences will be able to thrive and profit.
AvalonBay Communities, Inc.
Essex Property Trust, Inc.
Expedia Group, Inc.
Mid-America Apartment Communities, Inc.
Camden Property Trust
Apartment Investment and Management Company
ANGI Homeservices Inc.
Independence Realty Trust, Inc.
Pandora Media, Inc.
When this year's Academy Award nominations were announced on Monday, Netflix received 24 nominations — the most of any Hollywood studio. As a result, Darrell finally watched Martin Scorsese's three-and-a-half hour gangster epic — and he wasn't impressed by the results.
Amazon CEO Jeff Bezos rubbing shoulders with Bollywood's best and brightest stars on his tour of India, but his plans to expand influence in the country haven't been met with enthusiasm by all. Indian Trade Minister Piyush Goyal has been unimpressed with Amazon's announcement of a $1 billion dollar investment, saying the online delivery service hasn't done India any big favors. (SOUNDBITE) (English) INDIAN TRADE MINISTER, PIYUSH GOYAL, SAYING: "They may have put in a billion dollars, but then if they make a loss of a billion dollars every year then they jolly well have to finance that billion dollars. So it's not as if they're doing a great favor to India when they invest a billion dollars." Bezos announced the investment on Wednesday (January 15) saying it would bring small businesses online in the country, and would be adding to the $5.5 billion the company had committed since 2014. That was followed on Friday by a proposal to create 1 million jobs in India by 2025. But despite repeatedly reaching out for a meeting, three Reuters sources suggest Bezos is unlikely to have talks with Indian Prime Minister Narendra Modi during his visit, as he looks to allay antitrust concerns. On Friday (January 17) Modi's ruling party took a swipe at the Bezos-owned Washington Post, saying there were problems with the paper's coverage of India. Amazon did not respond to a request for comment. Amazon and Walmart owned Flipkart are facing mounting criticism from India's brick-and-mortar retailers, which accuse the U.S. giants of violating Indian law by racking up billions of dollars of losses, to fund deep discounts and discriminating against small sellers. The companies deny the allegations.
Now, Amazon is beginning to embrace them. Amazon said on Saturday it has partnered with thousands of neighborhood stores -- locally known as kirana stores -- across India to use them to store and deliver goods. “It’s good for customers, and it helps the shop owners earn additional income,” tweeted Amazon founder and chief executive Jeff Bezos .
Facebook has been forced to apologise after a “technical issue” caused Chinese president Xi Jinping’s name to be rendered as an obscenity in Burmese-to-English translations. On Saturday the Chinese president’s name appeared as “Mr Shithole” in translations from Myanmar’s main language into English, including on the Facebook pages of news website The Irrawaddy and Ms Aung San Suu Kyi’s office. “Mr Shithole, President of China arrives at 4pm,” one of the posts read when translated into English.
Facebook apologised Saturday for a distasteful mistranslation of Chinese President Xi Jinping's name from Burmese language posts during his much-touted visit to Myanmar. The error most notably appeared on the official Facebook page of Myanmar's civilian leader Aung San Suu Kyi.
When Lulu Wang turned down a streaming platform’s eight-digit bid last year for her Sundance hit The Farewell , agreeing instead to an offer half the size from prestigious independent studio A24, her backers ...
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fuelled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.
Shares of Google parent Alphabet Inc. (GOOGL) have jumped 9% in 2020 to help it ascend into the $1 trillion market cap club. Is it time to buy?
U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday. Launched in 2014 in France - where it employs 40 people, and has existing operations in Paris - Netflix has developed 24 French titles, including six films, nine series and three documentaries. Netflix has seen its customer base grow quickly in recent years thanks to a rich catalog of movies and series, allowing it to grab market share from long-established local pay TV operator Canal+ - a unit of media conglomerate Vivendi - which had 16.2 million subscribers at the end of 2018, including 8.3 million in mainland France.
A sturdy labor market, rising income and improving confidence certainly encouraged consumers to spend more. While bargain hunters did hit the streets, enthusiasm for online shopping was palpable.
Amazon boss Jeff Bezos on Friday promised to create a million new jobs in India in a farewell love letter to the country, after ending a tough visit that reportedly included a snub by Prime Minister Narendra Modi. A government minister dismissed Bezos's announcement that Amazon would invest $1 billion, and a leading ruling party member hit out at his ownership of the critical Washington Post.
Geopolitics overshadowed monetary policy for the first time in many months in early January. Japan, Canada, Norway and the European Central Bank (ECB) are not expected to make any changes, while it is unlikely China will act again so soon after its early-January reserve ratio cut for banks. The ECB, however, will launch its first strategy review since 2003 to rethink an inflation goal that has not been met for seven years.
The 2019 holiday season mirrors gains from increased investments and opportunities in the retail sector. The online channel continues to be the preferred shopping medium for customers.