Southeast Asia's largest ride-sharing, food delivery, and online payments company Grab saw sales rise 39% to $507M in its first quarter and EBITDA loss of $111M compared to a loss of $344M in the comparable quarter last year. Grab has been able to prosper despite Southeast Asian country lockdowns due to a surge in demand for food delivery and online payment services. "We exceeded our internal targets for adjusted net sales and adjusted EBITDA for Q1 2021, and continued the strong growth momentum of our deliveries business," said CEO Peter Oey. Grab is Southeast Asia's most valuable startup and is pushing into the insurance business as its next step. The company is set to undergo a merger with SPAC Altimeter Growth Corp (AGC+2.3%) at a valuation of $40B in the fourth quarter.
U.S. marijuana sales should double by 2023 - Cantor Nice buy stick at 11:00 for ELMS (not me) lets se if any news comes from this gathering of Fed Ex vendors and subcontractors... if they could announce a 50 truck order it would certainly help this bottoming process. Love the Thermo King truck! But man that must use up alot of juice (battery)
WATCHING- Confluent, Inc. (CFLT)-- $40.39+1.20 (+3.07%) As of 11:51AM EDT. Description Confluent, Inc. engages in developing cloud-native platform for data-in-motion that helps companies to connect their applications around real-time streams in the United States and internationally. The company offers Apache Kafka, a community distributed event streaming platform. Its products also include Confluent Cloud, a managed cloud-native service for Apache Kafka to connect and process data of user companies; Confluent platform, a self-managed platform to connect, process, and react to data in real-time for streaming data from across the organization for customer experiences and data-driven operations; ksqlDB that enables users to build real-time applications; and Confluent hub. The company's solutions also include insurance, automotive, technology, fraud detection, customer 360, messaging modernization, streaming ETL, event-driven microservices, mainframe offload, SIEM optimization, bridge to cloud, and internet of things. It also provides professional services and tools for Confluent customers to help in streaming platform adoption; and training and certification programs for Confluent education. The company serves financial services, gaming, government, manufacturing, media and entertainment, and retail and eCommerce industries. It has a strategic alliance with Microsoft. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
Confluent Is Named Google Cloud Technology Partner of the Year for the Third Year in a Row July 20, 2021 Confluent's strong partnership with Google Cloud delivers a fast path for Google Cloud customers to set data in motion MOUNTAIN VIEW, Calif., July 20, 2021--(BUSINESS WIRE)--Confluent, Inc.(NASDAQ: CFLT), the platform to set data in motion, was awarded the 2020 Google Cloud Technology Partner of the Year Award for Smart Analytics. As a three-time winner of Google Cloud’s Technology Partner of the Year, the award underscores Confluent’s strong partnership with Google Cloud in helping customers succeed in tackling their data analytics priorities—whether that means bridging on-premises and multi-cloud data architectures, modernizing legacy data applications and platforms, or deploying real-time analytics across their businesses.
2ND SOFTWARE STK WATCHING-- SailPoint Technologies Holdings, Inc. (SAIL)- WE OWNED THIS A FEW MONTHS AGO BUT SOLD-- DEC 11TH LAST YEAR IT WAS AT THIS PRICE. $50.93+0.94 (+1.88%) Description SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. The company offers software and software as a service (SaaS) solutions, which help organizations to govern the digital identities of employees, contractors, business partners, software bots, and other human and non-human users, as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments, spanning on-premises, cloud and mobile applications, and file storage platforms. Its solutions include IdentityNow, a cloud-based multi-tenant identity security platform; IdentityIQ, an on-premises identity security solution; and SailPoint Identity Services, a multi-tenant SaaS subscription service. The company sells its products and solutions to commercial enterprises, financial institutions, and governments directly, as well as through system integrators, technology partners, and value-added resellers. SailPoint Technologies Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.
Coca-Cola Europacific Partners Indonesia Taps 8x8 CPaaS to Enhance Mobile Experience for Business-to-Business (B2B) Customers in Indonesia Mon, August 2, 2021, 8:55 AM Deploys 8x8 SMS API to Ensure Mobile App Security with One-Time Password (OTP) Multi-Factor Authentication CAMPBELL, Calif., August 02, 2021--(BUSINESS WIRE)--8x8, Inc.(NYSE: EGHT), a leading integrated cloud communications platform, today announced thatCoca-Cola Europacific Partners (CCEP) Indonesiais using the8x8 CPaaSSMS APIto provide distributors and retailers with a secure mobile experience for managing orders and deliveries. Coca-Cola Europacific Partners or CCEP Indonesia, as one of the leading consumer goods companies in the world, operates eight manufacturing facilities in Indonesia, selling and distributing seven categories of non-alcoholic beverage brands to serve more than 450,000 large and small retail outlets in the world’s fourth most populous country. As part of CCEP Indonesia’s digital transformation journey to expand its efforts to the front end of the business, the company launched the Klik Toko app as an integrated digital solution for all Business-to-Business (B2B) customers in Indonesia. "Our customers, including general trade outlets, are the most important and vital part of our business, and we are committed to create the opportunity to provide a fast and a superior service for them, including investing in digital technology. Klik Toko is one of the central elements of our transformation efforts as we invest in making it easier for our partners to do business with us," said Lakshman Peiris, Marketing Director of Coca-Cola Europacific Partners Indonesia. "The partnership with 8x8 enhances Klik Toko’s security while accelerating and automating user verification. In addition, this delivers a great onboarding experience, allowing users to securely use the app and gain the benefits offered through Klik Toko."
Stoney!!!! Aside from that 2 day spike in June, since March Corsair has a smoothed weighted average of about $32. Talk about a long base. Earnings are tomorrow before the bell. This is an important report for them, it'll be their 4rth since the ipo. I'm sure they'll blow out both the top and bottom lines, and I bet they even up the guidance, so why is it languishing down here at $29? Chip shortage? The options are pricing a 13% straddle, so $4 basically; hmmmm. Buy it now or wait for the $25's? What say you Stoney?
So Very Tempted Van.... I hear LOGI bummed out and so you could deduct that CRSR gained. I'm feeling that way about Turtle Beach. CRSR is here to stay. I think margins are at risk because freight cost are through the roof and this parts shortages etc... But I would BUY Now. Confluent, Inc. (CFLT) $40.85+1.66 (+4.24%)<--------- As of