Beyonce wants you having fierce workouts.
Thanks to the covid induced stress and continued lockdowns more people are binge eating and looking for avenues to let out pent up energy. Peloton (NASDAQ PTON) and Beyonce have partnered so people can keep fit and look their best. People can now exercise while jamming to their favourite Beyonce’s hits. Peloton stocks were up 8% after news of the partnership. Click here to read more
Alphabet (NASDAQ: GOOGL) now owns 1.6% of Indonesia e-commerce company Tokopedia, joining other investors like the Singapore government investment company, Temasek with 3.3% stake and Alibaba with a 28.3% stake. Microsoft also announced plans to strike a $100 million deal with Tokopedia’s rival, Bukalapak. Click here to read more
Sony (NYSE: SNE) and Microsoft (NASDAQ MSFT) are battling to catch gamers’ attention with their newest consoles. The PlayStation does not offer as much content as the Xbox and does provide a mobile option like the Microsoft Xbox which is also available on Android mobile phones. Microsoft shares closed 0.5% higher at $216.50 on Friday and Sony closed 3% higher at $89.72 on the same day. Click here to read more
The competition in Japan is high, and Walmart (NYSE: WMT) cannot take the heat. Walmart is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion after struggling to make profits. Click here to read more
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