Day: November 21, 2021
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MND7VVTKU5NIJDGGSHXCEYMNXQ.jpg "Alibaba slashes sales outlook as competition bites, demand slows")
Alibaba slashes sales outlook as competition bites, demand slows
Nov 19 (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK), slashed its forecast for annual revenue growth on increased competition and a regulatory crackdown, sending its stock tumbling 11%. Alibaba now expects revenue for the year ending in March to rise between 20% and 23%, the slowest pace since its 2014 stock market
Startup fever is gripping the world’s last big untapped nation: Pakistan
The startup scene in the world’s fifth-largest nation is having a breakout year. More money has flowed into Pakistan’s nascent technology sector during 2021 than in the previous six years combined, with investors from the U.S., Singapore and the United Arab Emirates joining the rush. And one former Microsoft Corp.
Main Street Capital, Bain Capital Specialty Finance and Newtek Business Services
For Immediate Release Chicago, IL – November 18, 2021 – Today, Zacks Equity Research discusses SBIC and Commercial Finance, including Main Street Capital Corporation MAIN, Bain Capital Specialty Finance, Inc. BCSF and Newtek Business Services Corp. NEWT. Link: https://www.zacks.com/commentary/1828697/3-sbic-commercial-finance-stocks-to-buy-despite-low-rates The Zacks SBIC & Commercial Finance industry is bearing the brunt of a low interest rate environment and