1 day ago
The Trade Desk Inc., which specializes in helping companies buy online ads across publishers’ websites, did what others failed at: eating into Google’s share of the market. While Google dominates that area of ad-buying with about 40% of the business, Trade Desk is up to nearly 8% and its share is growing faster than Google’s, according to ad-tech consulting firm Jounce Media. Source: WSJ
1 day ago
Airbnb on Tuesday announced a $2bn convertible deal, the biggest of the year so far, on the heels of Twitter, which announced a $1.25bn convertible bond issue on Monday and Spotify, which priced $1.3bn in notes last week. Beyond Meat increased the size of a convertible bond issue on Tuesday from $750m to $1bn. Source: Financial Times
2 days ago
Infarm is present in 10 countries and has deals with retailers like Kroger Co., Amazon Fresh, Metro AG and Marks & Spencer Group Plc. It provides modular units that grow food on supermarket aisles and inside restaurants. Diversifying crops will help accelerate the shift to plant-based diets, Galonska said. The fresh money, a mix of debt and equity, came from firms including Hanaco Ventures and Atomico. That brings total funding to more than $400 million, making Infarm one of the most-funded vertical farming startups in the world, according to researcher Dealroom. Source: Bloomberg
2 days ago
The biggest movers in global FX overnight based on volatility adjusted returns are the USDHKD, the EURCHF, the USDJPY, the USDCZK and the USDHUF. 26 out of 28 USD pairs had positive returns and 9 out of 13 EUR pairs had positive returns. Time to be bullish on these currencies?
Charles-Henry Monchau is CIO and CCO at Flowbank where he brings 25 years of international experience in multi-asset investing.
Jasper Lawler has accumulated over twelve years of experience in the financial industry.
Martin Boujol, recently graduated from HEC Lausanne and the University of St. Gallen, built various independent blogs and has a strong expertise in technology, arts and literature.
Yingqiu Deng is currently studying a master's in Wealth Management and has a broad knowledge in International Business and of the Chinese market.
Sirine Demdoum holds a master's degree in Economics and has a strong interest in economics and finance research.
From San Francisco, William worked for Figure Technologies' capital markets blockchain trading platform, Lending Club's ABS structuring team, SoFi's BD team and Yodlee as a Sales analyst.