The robots are coming, and they’re bringing pizza.
New York (CNN) – This week, Domino’s is rolling out a robot car delivery service to select customers in Houston. For those who opt in, their pies will arrive in a fully autonomous vehicle made by Nuro. Here’s how it works: Customers in the Woodland...
Rabo: When It Comes To Inflation, What One Does And Doesn’t See Is All Political
CPI Basket Case On Sunday on ‘60 Minutes’, Fed Chair Powell said “We can wait to see actual inflation before we raise interest rates.” Well, today is the US inflation report. The market consensus is headline prices will rise 0.5% m/m, which would be around 6% y/y...
Earnings Growth Not As Strong As Advertised
As markets surge to record highs, analysts are rushing to ratchet up earnings estimates as optimism explodes. “The first quarter of 2021 marked the largest increase in the bottom-up EPS estimate during a quarter since FactSet began tracking the quarterly bottom-up EPS...
Tiger Global, the $65B fund on a wild tech spending spree
Founded as a hedge fund in 2003, Tiger Global has turned into one of the investment industry’s largest tech players. Earlier this month, investment firm Tiger Global announced that it raised one of the largest pots of VC money ever: $6.7B. As detailed by TechCrunch,...
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