Airbnb Announces Huge Service Update
Airbnb's place to find and list a rental property (Nasdaq: ABNB) Analyzed, how consumer habits have changed over the past year, and redesigned own service.
Investor news
Ozon will enter the MSCI Russia index
12 May, MSCI, an analytical company, announced the inclusion of Ozon retailer depositary receipts (MOEX: OZONE) to the MSCI Russia index. This index now includes 24 issuer. The actual rebalancing of MSCI Russia will take place 27 May. Is considered, that the company's shares after being included in the index should rise.
BlackRock Investment Company Launches Another ESG Fund
Ethical investments according to the principles of ESG (environmental, social, governance) become more and more popular. ESG funds raised $21 billion in Q1 2021. It's a lot, since for the whole of 2020 the funds raised 51 billion. In 2019 and 2018, the inflow of funds amounted to 21.4 and 5.4 billion.
Virgin Galactic successfully completes test flight
On Saturday, 22 May, aerospace company Virgin Galactic (NYSE: SPCE) conducted the first flight tests in two years. The aircraft carrier VMS Eve climbed to a height of 13.5 km, where released the VSS Unity spaceship.
Sales of Chinese Tesla electric cars fell by 27%
According to the China Passenger Car Association, car maker Tesla (NASDAQ: TSLA) sold in April 25 845 Chinese-made electric cars 27% less, than in March. Of them 14 174 have been exported to other countries. Association informs, that sales of electric vehicles in the country as a whole decreased by 12%.
Alibaba report: revenue is growing, but investors are not happy
Chinese holding Alibaba Group (NYSE: BABA) 13 May reported for the fourth quarter and fiscal year 2021. The company's annual revenue increased by 41% — up to 717.3 billion yuan. Excluding Consolidation Sun Art, Chinese hypermarket chain, sales have increased 32%.
Citi Analysts Recommend Health Sector
One of the leaders of Citi Private Bank David Beilin advised to pay attention to the healthcare sector, and also highlighted promising industries and companies within the sector. Healthcare is undervalued One of the most protective and recession-resistant sectors is healthcare.
Bundle of investment news: Disney doubles profits, Apple smothers Facebook
Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier. Since all issuers are from the USA, then all results are in dollars - and if they are not in dollars, then we'll talk about it. References were used in the creation of the material, which are not available to users from the Russian Federation.