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Global Post Production Market 2021-2025 The analyst has been monitoring the post production market and it is poised to grow by $ 11. 52 bn during 2021-2025, progressing at a CAGR of 8% during the forecast period.New York, March 02, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Post Production Market 2021-2025" - https://www.reportlinker.com/p05873459/?utm_source=GNW Our report on post production market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the success of movies and TV shows due to high use of animation and growing online content consumption. In addition, success of movies and TV shows due to high use of animation is anticipated to boost the growth of the market as well.The post production market analysis includes application segment and geographical landscapes.The post production market is segmented as below:By Application• Movie• Television• Commercials• Online videosBy Geographical Landscapes• North America• APAC• Europe• MEA• South AmericaThis study identifies the digital transformation of post-production processes as one of the prime reasons driving the post production market growth during the next few years.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on post production market covers the following areas:• Post production market sizing• Post production market forecast• Post production market industry analysisThis robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading post production market vendors that include AT&T Inc., Comcast Corp., Eros International Plc, Lions Gate Entertainment Corp., MGM Holdings Inc., Netflix Inc., Prime Focus Ltd., Sony Corp., The Walt Disney Co., and ViacomCBS Inc. Also, the post production market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.Read the full report: https://www.reportlinker.com/p05873459/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
When Tom Cruise isn't filming Mission: Impossible 7, he's practicing his drive, doing coin magic and discussing the time he bumped into former Russian premier Mikhail Gorbachev.
Dow Jones futures were lower Tuesday following Monday's stock market surge. Tesla rebounded, while Zoom stock soared on earnings. Nio earnings miss.
The "Alcohol Ingredients - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
TORONTO, March 02, 2021 (GLOBE NEWSWIRE) -- WeedMD Inc. (“WeedMD” or the “Company”) (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally-licensed producer and distributor of medical-grade cannabis, announced today that, further to its press release dated February 11, 2021 announcing a $17.5 million bought deal financing (the “Offering”), the Company has entered into an amended and restated underwriting agreement dated March 2, 2021, with Eight Capital and Canaccord Genuity Corp., as joint bookrunners and co-lead underwriters (the “Co-Lead Underwriters”), and INFOR Financial Inc. (together with the Co-Lead Underwriters, the “Underwriters”) to amend the terms of the Offering to issue to the Underwriters 31,250,000 units of the Company (the “Units”) at a price per Unit of $0.48 (the “Issue Price”) for gross proceeds of $15,000,000. Each Unit will be comprised of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.60, for a period of 24 months following the closing of the Offering. The Company has amended the over-allotment option to allow for purchases by the Underwriters of up to an additional 4,687,500 Units at the Issue Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional approximately $2,250,000 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be approximately $17,250,000. If, after the one-year anniversary of the closing of the Offering, the daily volume weighted average trading price of the shares on the TSX Venture Exchange for any 10 consecutive days equals or exceeds $0.96, the Company may, upon providing written notice to the holders of the Warrants, accelerate the expiry date of the Warrants to the date that is 30 days following the date of such written notice. All other terms of the Offering remain unchanged. The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes. The Units will be offered by way of an amended and restated final short form prospectus to be filed in all provinces of Canada, except Quebec and Newfoundland. The closing date of the Offering is scheduled to be on or about March 12, 2021 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the applicable securities regulatory authorities. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws. About WeedMD Inc. WeedMD Inc. is the publicly traded parent company of WeedMD RX Inc. and Starseed Medicinal Inc., licence holders producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 158-acre state-of-the-art greenhouse, outdoor and processing facility located in Strathroy, ON as well as a fully-licensed 26,000 sq. ft. Aylmer, ON processing facility, specializing in cannabis extraction. With the addition of Starseed, a medical-centric operator, WeedMD has expanded its multi-channeled distribution strategy. Starseed’s industry-first, exclusive partnership with LiUNA, the largest construction union in Canada, along with employers and union groups complements WeedMD’s direct sales to medical patients. The Company maintains strategic relationships in the seniors’ market and supply agreements with Shoppers Drug Mart as well, as seven provincial distribution agencies where adult-use brands Color Cannabis and Saturday are sold. For further information, please contact: For Investor Enquiries: Valter Pinto Managing Director KCSA Strategic Communications 1-212-896-1254 weedmd@kcsa.com For Media Enquiries: Marianella delaBarrera VP, Communications & Corporate Affairs 416-897-6644 marianella@weedmd.com Forward Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation which are based upon WeedMD's current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information can be identified by the use of forward-looking terminology such as "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy. The forward-looking information in this news release is based upon the expectations, estimates, projections, assumptions and views of future events which management believes to be reasonable in the circumstances. Forward-looking information includes estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of fact. Forward-looking information in this news release include, but are not limited to, statements with respect to the closing of the Offering on or about March 16, 2021, the exercise of the over-allotment option and the use of proceeds of the Offering. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; loss of markets; future legislative and regulatory developments; the cannabis industry in Canada generally; the ability of WeedMD to implement its business strategies; the COVID-19 pandemic; competition; crop failure; and other risks. Any forward-looking information speaks only as of the date on which it is made, and, except as required by law, WeedMD does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for WeedMD to predict all such factors. When considering this forward-looking information, readers should keep in mind the risk factors and other cautionary statements in WeedMD's disclosure documents filed with the applicable Canadian securities regulatory authorities on SEDAR at www.sedar.com. The risk factors and other factors noted in the disclosure documents could cause actual events or results to differ materially from those described in any forward-looking information.
Minneapolis was planning to pay social media influencers to post "city-approved" messages.
Dublin, March 02, 2021 (GLOBE NEWSWIRE) -- The "Vegetable Oil Market & Volume By Type, Production, Import & Export, Consumption, Production, Countries, Company Analysis, & Global Forecast" report has been added to ResearchAndMarkets.com's offering. The global Vegetable Oil Market is anticipated to grow to US$ 299.18 Billion by 2027. It is expected to grow with a CAGR of 3.30% from 2020 to 2027. Vegetable oils are attained from legitimate sources like seeds, nuts, and fruits. They find extensive applications in a zone ranging from food to household and personal care zones. They are of rich nutrient origin and are used in cooking, non-dairy creamers, and ice-cream. They are being used as a substitute for animal fats. It is used to make soaps, detergents, lubricants, greases, and candles in case of non-food applications. The expanding use of vegetable oil in food applications, prominently in blooming countries, aids the global market growth. The inclination in consumption of the economy is an outcome of the booming population, transposing diets, and higher standards of living. The further thrust to the market has been calculated by rising demand for its imports. The Major Drivers of the Global Vegetable Oil Market are: Surging use of vegetable oil in the food industry business as they pave a trans-fat free substitute.Growing demand for vegetable oils in the biofuel industry.Increasing health benefits of vegetable oils. Based on types and countries, the market has been further divided. Out of the total vegetable oil consumption, the palm kernel oil largely influences the global vegetable oil market. Palm kernel oil is succeeded by Palm Oil, Soybean Oil and Olive Oil. In the year 2020, Vegetable Oil Industry was at USD 238.30 Billion, and it has grown from there year on year.The food industry uses a major part of the total vegetable oil produced. The industrial usage and the bio-fuel industry succeed in the food industry. By country, China accounts for one of the big market contributing to the total global consumption of vegetable oil. The majority of the production volume share constitutes by Indonesia and China and is anticipated to continue its domination among the producing countries in the upcoming years. The leading industry players are Cargill, Archer Daniels Midland (ADM), Wilmar International Limited, Olam International Limited and Sime Darby Plantation Berhad.COVID-19 ImpactThere has been a noteworthy decline in the demand for vegetable oil on recital of the closure of hotels, restaurants, and catering services due to breakout of the coronavirus pandemic (COVID-19) and its resultant lockdowns. It has been projected that the global vegetable oil market will exhibit moderate growth during the next seven years. Key Topics Covered: 1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamics4.1 Growth Driver4.2 Challenges5. Global Vegetable Oil Market6. Share Analysis6.1 Market Share6.1.1 By Consumption6.2 Volume Share6.2.1 By Production6.2.2 By Imports6.2.3 By Exports7. Global Vegetable Oil Market & Volume7.1 Coconut Oil7.1.1 Market7.1.2 Volume7.2 Cottonseed Oil7.2.1 Market7.2.2 Volume7.3 Olive Oil7.3.1 Market7.3.2 Volume7.4 Palm Oil7.4.1 Market7.4.2 Volume7.5 Palm Kernel Oil7.5.1 Market7.5.2 Volume7.6 Peanut Oil7.6.1 Market7.6.2 Volume7.7 Rapeseed Oil7.7.1 Market7.7.2 Volume7.8 Soybean Oil7.8.1 Market7.8.2 Volume7.9 Sunflower Seed Oil7.9.1 Market7.9.2 Volume8. Production - Volume8.1 Coconut Oil8.2 Cottonseed Oil8.3 Olive Oil8.4 Palm Oil8.5 Palm Kernel Oil8.6 Peanut Oil8.7 Rapeseed Oil8.8 Soybean Oil8.9 Sunflower Seed Oil9. Import - Volume9.1 Coconut Oil9.2 Cottonseed Oil9.3 Olive Oil9.4 Palm Oil9.5 Palm Kernel Oil9.6 Peanut Oil9.7 Rapeseed Oil9.8 Soybean Oil9.9 Sunflower Seed Oil10. Export - Volume10.1 Coconut Oil10.2 Cottonseed Oil10.3 Olive Oil10.4 Palm Oil10.5 Palm Kernel Oil10.6 Peanut Oil10.7 Rapeseed Oil10.8 Soybean Oil10.9 Sunflower Seed Oil11. Consumption by Country11.1 China11.2 European Union11.3 India11.4 Indonesia11.5 United States11.6 Brazil11.7 Malaysia11.8 Thailand11.9 Japan11.10 Others12. Production by Country12.1 Indonesia12.2 China12.3 Malaysia12.4 European Union12.5 United States12.6 Brazil12.7 Other13. Import by Country13.1 India13.2 China13.3 European Union13.4 United States13.5 Malaysia13.6 South Korea13.7 Other14. Export by Country14.1 Indonesia14.2 Malaysia14.3 Russia14.4 Canada14.5 European Union14.6 Other15. Merger & Acquisitions16. Company Analysis16.1 Cargill16.1.1 Overview16.1.2 Recent Developments16.1.3 Revenues16.2 ADM16.2.1 Overview16.2.2 Recent Developments16.2.3 Revenues16.3 Wilmar International Limited16.3.1 Overview16.3.2 Recent Developments16.3.3 Revenues16.4 Sime Darby Plantation Berhad16.4.1 Overview16.4.2 Recent Developments16.4.3 Revenues16.5 Olam International Limited16.5.1 Overview16.5.2 Recent Developments16.5.3 Revenues For more information about this report visit https://www.researchandmarkets.com/r/afbrt9 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
The "Emissions Upcycling Technology, 2020" report has been added to ResearchAndMarkets.com's offering.
Data: Caixin, IHS Markit; Chart: Axios VisualsPurchasing managers' indexes for the manufacturing sector are moving in opposite directions in the U.S. and China.Why it matters: China's economy was the first in the world to bounce back from the coronavirus pandemic and its manufacturing sector surged. Get market news worthy of your time with Axios Markets. Subscribe for free.However, since November, manufacturing has tapered off as demand from Europe and North America slowed, showing the fragility of the economic recovery even as COVID-19 cases remain low.Details: China's Caixin/Markit manufacturing PMI fell to 50.9 last month, the lowest level since last May. An official government survey on Monday showed China’s economic recovery continued in February, but at a slower-than-expected pace, with all major sectors showing their lowest growth rates since last spring.Conversely, manufacturing PMI, which tracks sentiment among major companies within the sector, rose again in the U.S. for the eighth consecutive month with rates of expansion in output and new orders up notably in February.A separate survey from the Institute for Supply Management showed the highest reading since February 2018, following the passage of the Tax Cut and Jobs Act.Between the lines: Demand is booming, U.S. businesses say, but they also noted a significant increase in prices. ISM's prices paid index recorded an 86 last month, the highest reading since 2008.According to Bespoke Research Group, the consumer price index reading when this figure is above 85 has been at an average of 3.2% since 1990.The last word: “Prices are going up, and lead times are growing longer by the day. While business and backlog remain strong, the supply chain is going to be stretched very [thin] to keep up,” a U.S.-based respondent to ISM's survey said.Like this article? Get more from Axios and subscribe to Axios Markets for free.
Stock futures edged lower Tuesday morning as the major indexes retreated slightly after rallying a day earlier.
U.S. military officials have outlined a new spending request to boost deterrence against China, including new weapons, new construction and closer military-to-military collaboration with America’s allies in the region.
The head of a group representing major U.S. passenger airlines and a senior union official will make the case Tuesday to lawmakers for a third round of government assistance, according to testimony seen by Reuters. Since March 2020, Congress has awarded passenger and cargo airlines, airports and contractors nearly $90 billion in government assistance and low-cost loans, including two prior rounds of payroll assistance for U.S. passenger airlines totaling $40 billion. The $1.9 trillion COVID-19 relief package approved by the U.S. House last week includes another $14 billion for passenger airlines to keep workers on payrolls for an additional six months.
U.S. e-commerce group eBay and Norway's Adevinta planned to sell three smaller British units in order to secure regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday. Britain's Competition and Markets Authority (CMA) said last month Adevinta and eBay would have to resolve the watchdog's concerns before proceeding with their $9.2 billion deal. In response, Adevinta and eBay said on Tuesday they had proposed to sell each company's primary classifieds operations in Britain, namely Shpock, Gumtree and Motors.co.uk.
Over the past year, Target and Walmart Inc consistently performed better than Wall Street expected as the deep-pocketed national retail chains amped up their online businesses during the health crisis and swiped market share from smaller rivals who rely more on their physical stores. Still, Target held back on providing sales and earnings forecast for fiscal 2021, citing continued uncertainty over consumer shopping patterns amid the health crisis. The company's comparable sales rose 20.5% in the fourth quarter ended Jan. 30, comfortably beating analysts' estimates for a 16.4% rise, according to IBES data from Refinitiv.
Macy's Inc. said Tuesday it is planning to issue $500 million of 8-year bonds, joining the many companies raising capital during the pandemic. The proceeds will be used together with cash on hand to fund a tender offer and for general corporate purposes, which may include repaying debt. Companies have been raising capital at record levels in recent months. On Monday, roughly a dozen companies, including beauty and fragrance giant Estée Lauder Cos. and Keurig Dr Pepper Inc. , announced bond deals, as Treasury yields took a breather from their recent sharp rise. Macy's shares were up 0.7% premarket and have gained 18% in the last 12 months, while the S&P 500 has gained 26%.
(Bloomberg) -- Jindal Steel & Power Ltd., India’s third-largest producer of the alloy by market value, and two other groups were the latest to express interest in bidding for Reliance Naval & Engineering Ltd., according to people familiar with the matter.For Jindal Steel, controlled by Naveen Jindal, Reliance Naval can be a captive client for the company’s shipbuilding plates, said Vidya Rattan Sharma, managing director at the steelmaker, who confirmed Jindal’s interest. Dubai-based shipping firm GMS and Kotak Special Situations Fund were among the others that registered to bid as of the Feb. 28 deadline, according to the people, who asked not to be identified as the matter is private.The process to find a buyer for the indebted shipyard, once controlled by former billionaire Anil Ambani, began in May with deadlines being extended four times already. A successful sale of Reliance Naval will help creditors including IDBI Bank Ltd. and State Bank of India recoup part of the company’s 108 billion rupees ($1.5 billion) of debt.GMS, one of the world’s largest buyers of ships for recycling, the Kotak fund and Sudip Bhattacharya, the insolvency resolution professional for Reliance Naval, didn’t immediately respond to emails for comment.“We are looking at it in two ways,” Jindal Steel’s Sharma said in an interview. “One is the strategic location as it is port based and the other is that it can be a good outlet to consume our own plates.”Jindal isn’t partnering with any company for the bid, Sharma said. The company’s shares fell 2.1% in Mumbai on Tuesday.The port unit of A.P. Moller-Maersk A/S, the world’s largest container carrier, and 11 other groups had bid for the asset last year. Maersk’s unit though pulled out, the Hindu Businessline reported in October.Reliance Naval is “naturally interesting” for Maersk’s APM Terminals, the company said in response to a query on Tuesday. “However, it would be too early to say whether the RNEL restructuring will result in a realistic business opportunity for us.”(Updates to add APM Terminal’s comment in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via ReutersA criminal case against Mohammed bin Salman and others in the Saudi hierarchy has been filed in a German court for the brutal 2018 murder, dismemberment and disappearance of Washington Post journalist Jamal Khashoggi despite the Kingdom’s denial of MBS’s direct involvement and the Biden administration’s flaccid response to the killing.The 500-page complaint filed by the press freedom group Reporters Without Borders (RSF) is the first time a criminal case has been lodged outside of what was largely considered a show trial in Saudi Arabia. That trial saw the conviction of eight people who were later pardoned after the Khashoggi family was said to have forgiven them.Saudi’s Crown Prince Is a Killer. So Why Is Biden Just Shrugging?On Monday, the Saudi ambassador to the United Nations disputed a four-page CIA report released last week which pointed to MBS’s involvement, tweeting, “Let us all move forward to tackle the serious business of world issues!!”Ambassador Abdallah Al-Mouallimi called the American report, which has been widely criticized as weak, as being “based on could’ve, should’ve and would’ve and does not rise to anywhere close to proving the accusation beyond reasonable doubt.”The report, which was held back by the Trump administration and released last week by Biden, does not directly accuse MBS of ordering the hit on Khashoggi but does say he had “absolute control” over all activities carried out by the Kingdom’s intelligence service. Al-Mouallimi argued in a Twitter tirade that “the Prince courageously accepted moral responsibility, presented the accused to the justice system, and pledged to reform the intelligence organizations. Case closed!”Khashoggi was ambushed at the Saudi consulate in Istanbul by a 15-member hit squad including a bone saw-wielding surgeon and seven members of MBS’s elite personal security team in October 2018. The journalist’s body has never been found.The complaint in Germany was filed on Monday with public prosecutors in in the city of Karlsruhe, according to an RSF statement. The dossier outlines the arbitrary detention of 34 journalists and the brutal murder of Khasogghi to underscore what it calls the Kingdom’s “widespread and systematic” persecution of the press.“These journalists are the victims of unlawful killing, torture, sexual violence and coercion and forced disappearance,” Christophe Deloire, RSF secretary-general said at a press conference Tuesday morning. “Those responsible for the persecution of journalists in Saudi Arabia, including the murder of Jamal Khashoggi, must be held accountable for their crimes.”The RSF statement names MBS and four other suspects; Saud Al-Qahtani, a close adviser to the Crown Prince who they allege took direct part in the planning and execution of the murder as well as in the implementation of the policy of persecution of journalists in Saudi Arabia; Ahmad Mohammed Asiri, the former deputy head of intelligence, who is suspected of personally supervising Khashoggi’s murder; Mohammad Al-Otaibi, the Consul General in Istanbul at the time of the murder; and Maher Abdulaziz Mutreb, an intelligence officer who led the team that “tortured, killed and forceably disappeared Jamal Khashoggi.”The complaint was filed in Germany because laws there can extend “universal jurisdiction” to some serious international crimes, even when the victims are not German. The case is bolstered by the recent conviction in a German court of a Syrian secret service officer for aiding and abetting crimes against humanity for the torture of protesters at one of Bashar al-Assad’s prisons, according to the Guardian.“The official opening of a criminal investigation in Germany into the crimes against humanity in Saudi Arabia would be a world first,” RSF’s Germany director Christian Mihr said. “We ask the public prosecutor general to open a situation analysis, with a view to formally launching a prosecutorial investigation and issuing arrest warrants.”RSF ranks Saudi Arabia 170th out of 180 countries in its press freedom index. “Saudi Arabia permits no independent media,” the RSF rationale states. “Despite his talk of reform, Mohammad bin Salman (MBS) has intensified the repression since his appointment as crown prince in June 2017. The number of journalists and citizen-journalists in detention has tripled since the start of 2017.”The German court has not yet accepted the claim and no court date has been set.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Mark your calendars, y'all.
U.S. stocks jumped across the board on Monday and the S&P 500 had its best day since June 5, as the bulls stepped in and bought the dips in stock prices following last week's minor selloff.Why it matters: While some have worried rising U.S. interest rates would dampen investor exuberance over the expected pickup in economic growth thanks to increasing vaccine numbers and big fiscal spending hopes, Monday showed investors still like risk assets. A lot.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeQuick take: Though markets are showing steadily increasing inflation expectations, analysts seem to see only growth on the horizon.What they're saying: “Investors ask whether the level of rates is becoming a threat to equity valuations. Our answer is an emphatic 'no,'" David Kostin, chief U.S. equity strategist at Goldman Sachs, said in a note to clients. “Our bullish US equity view has already embedded expectations of rising interest rates.”Details: All 11 S&P sectors closed higher Monday and the Dow and the Nasdaq had their best trading days since November.Fewer than 40 stocks in the S&P 500 posted losses, and the number of stocks that finished in the green outnumbered those in the red by 4-to-1.The big picture: "We expect the global cycle to move into an expansionary regime, with growth above its long-term trend and continuing to improve," Invesco senior portfolio manager Alessio de Longis said in a note to clients."Our leading economic indicators continue to improve across regions despite the meaningful increase in COVID-19 infections and more stringent restrictions on mobility in some parts of the world."Invesco reiterated its overweight position in global equities, joining a growing line of investment firms who are dialing up their exposure to stocks and other risk plays like oil.The $1.3 trillion asset manager also noted that it is shifting toward an overweight position in U.S. high yield, or junk bonds, as well as high-risk emerging markets debt while moving out of investment grade corporate credit and government bonds.The bottom line: Economists are ratcheting up their growth expectations and fund managers are ratcheting up their expectations for stock market returns, despite signs of trouble on the horizon.More from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
CRISPR Therapeutics (NASDAQ: CRSP) and Fulgent Genetics (NASDAQ: FLGT) operate at different ends of the scientific gene pool. CRISPR, named for the Nobel Prize-winning CRISPR gene-editing technique, is a clinical-stage biotech company that is looking for gene-editing therapies to treat blood disorders, cancer, diabetes, and other diseases. Fulgent Genetics, meanwhile, is a genetics testing provider that uses next-generation sequencing (NGS) to study genetic variations connected with diseases or other biological phenomena.