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Ecuador-friendly alternative to real avocado
... thing at first glance. The skin of Ecovado mimics avocado peel, and is made with beeswax and natural food coloring containing spinach and charcoal powder. The meat of the alternative fruit is made with four simple ingredients: broad beans as the base, apple for freshness, cold-pressed rapeseed oil for creaminess and a sprinkle of hazelnut. A whole chestnut or hazelnut is used for the pit. The Ecovado was developed as part of Shokouhi 's Material Futures master's degree at Central Saint Martins art ...
Updated: 08/12/2022
S&P 500, Nasdaq set for fourth week of gains on rate hike bets
... points as it struggles to cool demand without a rise in layoffs. Ten of the 11 major S&P 500 sectors advanced in early trading, with communication services and information technology stocks leading the gains. High-growth and technology stocks such as Apple and Alphabet went up 0.8% each as investors returned to riskier assets and Treasury yields fell after a volatile week. Growth stocks have underperformed their value counterparts so far this year due to concerns that rising Treasury yields due to ...
Updated: 08/12/2022
Rivian's CEO Scaringe to say about 2022 production forecast
In the second half of this year, Lucid, and even GM and Ford before it, investors are watching what Rivian's CEO RJ Scraringe and team say about the company's annual production forecast, currently sitting at 25,000 vehicles for the year. Like Tesla , Lucid, and even GM and Ford before it, investors are watching what Rivian's CEO RJ Scraringe and team say about the company's annual production forecast, currently sitting at 25,000 vehicles for the year. In Q 1 of this year, Rivian produced 2,553...
Updated: 08/11/2022
With grocery prices rising, experts say shoppers should look out for products smaller
With grocery prices rising, experts say consumers should look out for products that are smaller. Carbuncle In July, the cost of groceries went up 13.1% compared to last year, according to the Bureau of Labor Statistics' July Consumer Price Index CPI. With grocery prices rising, experts say consumers should look out for products that are smaller. In July, the cost of groceries went up 13.1% compared to last year, according to the Bureau of Labor Statistics' July Consumer Price Index CPI. In addition...
Updated: 08/11/2022
Cloud computing is the pervasive computing theme of the 21st century
Tech giants Amazon AMZN Microsoft MSFT and Google GOOG reported strong growth in their cloud businesses during their recent earnings reports despite fears of a looming recession. Tech giants Amazon AMZN Microsoft MSFT and Google GOOG reported strong growth in their cloud businesses during their recent earnings reports despite fears of a looming recession. One Silicon Valley executive probably wasn't surprised. Bill McDermott , who is now CEO of Influencers with Andy Serwer ServiceNow NOW, called...
Updated: 08/11/2022
Coinbase’s balance sheet well positioned to survive Winter of cryptocurrencies
The COIN second quarter results missed Wall Street estimates earlier this week, but analysts believe that the company's balance sheet will be well positioned to survive a prolonged Winter of Cryptocurrencies. The COIN second quarter results missed Wall Street estimates earlier this week, but analysts believe that the company's balance sheet will be well positioned to survive a prolonged Winter of Cryptocurrencies. In addition to posting $1.1 billion net loss, the company missed Wall Street's expectations...
Updated: 08/11/2022
Sonos stock falls 18% after quarterly earnings miss estimates
... categories in which we play, Chief Executive Patrick Spence said in a release. Sonos executives anticipate revenue of $1.73 billion to $1.76 billion for the full fiscal year, less than the previous outlook, which was for $1.95 billion to $2.00 billion. Apple is the safest player in consumer hardware but it isn't immune to this growing risk. Executives expect to be able to make $215 million to $230 million in adjusted earnings before interest, taxes, depreciation and amortization Ebitda for the full ...
Updated: 08/11/2022
Stock futures up as traders await earnings report
Early on Thursday, stock futures were higher as investors looked to extend a rally from Wednesday, which saw the tech-heavy Nasdaq gain nearly 3 yuan3%, while S&P 500 futures were up 0.5%, while M&P500 futures wereup 0.4%, and Nasdaq fall nearly 3792. Early on Thursday, stock futures were higher as investors looked to extend a rally from Wednesday, which saw the tech-heavy Nasdaq gain nearly 3%. Dow futures were up 0.5%, while S&P 500 futures were up 0.3%, and Nasdaq futures were higher by 0...
Updated: 08/11/2022
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