Reiterates buy with a target price

Share to Twitter Share to Linkedin Brothers Wesley and George IV, count over 200 thousand subscribers on their Bryan Bros Golf YouTube channel which has been churning out trick shot hijinks, match videos and other golf centric shenanigans for nearly a decade. The Columbia, South Carolina based siblings learned the game from their PGA professional father George III and have both experienced high-level success in golf. Wesley has a PGA Tour win under his belt and currently competes on the Korn Ferry KFY Tour, while his older brother is a 3 time All-American who played on various mini-tours before finding social media stardom. The Bryan Bros have added golf course developers to their CV’s after purchasing Indian River Golf Club in South Congaree, just a five-mile drive from Columbia Metropolitan Airport. They plan to revitalize and rebrand the 30-year-old public course that has fallen into disrepair, turn it into a private club and open up a … [Read more...] about YouTuber Takeover: Bryan Bros Buy South Carolina Golf Course In Need Of TLC

Share to Twitter Share to Linkedin The cost of living crisis continues to challenge UK shoppers, as prices for food essentials like bread, milk and cheese continue to rise. The stark reality of the impact of food price inflation can be seen in the latest figures from the Department for Work and Pensions (DWP) which tell us that 3 percent of families across the United Kingdom (2.1 million people) used a food bank in the year ending March 2022. In a true north/south divide reality, families in the north of England and Scotland were most likely to interact with a food bank service in the last year. As the appetite for non-essential shopping continues to be suppressed, more consumers are turning to second hand sales platforms and discount retailers as a way to save. UK sales volumes saw a 1.2 percent in February 2023 according to figures from the Office for National Statistics (ONS); the most significant increase since October 2022 but nonetheless subdued. … [Read more...] about Reviving Retail: The Recommerce Revolution Is Helping Cash-Strapped Consumers

Share to Twitter Share to Linkedin The doomsayers who predicted the literal demise of the U.S. restaurant industry after Covid—especially at the fine dining level—proved myopic in the extreme. A new study called the “Agency Forward Restaurant Survey” compiled by Nationwide Insurance, which both insures and advises restaurants on coping with inflation to supply chain issues shows that every segment of the industry has not just survived but in many cases is thriving well past pre-pandemic levels of business. To explain the findings I spoke with Peter McMurtrie, President of Commercial Lines at Nationwide: You say reservations have returned to pre-pandemic levels. Does this apply as much to fast food and chain restaurants (which are mainly walk-in) as with higher end and fine dining? While this research study only focused on fine dining, fast casual and family-style restaurants, recent research as well as our interactions with customers have shown fast food … [Read more...] about The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining

Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th

Share to Twitter Share to Linkedin Key News Asian equity markets were mixed overnight on light volumes as investors worried about financial contagion. Hong Kong had a volatile day as Jack Ma’s visit to China lifted Alibaba and the market, a rally that ran out of out of steam in the afternoon. Baidu fell -3.17% due to rumors of a delay in its ERNIE chat bot launch. Meituan fell -6.28% and was today’s most heavily traded in Hong Kong by value after the company’s Q4 financial results, which were announced after the close on Friday, beat estimates. The stock’s drop is likely driven by Tencent’s decision to deliver a cash spinoff of Meituan, rather than shares, which obviously requires selling Meituan shares in the open market. Healthcare was the only positive sector in both Hong Kong and Mainland China after CSPC Pharma’s mRNA Covid-19 vaccine was approved. Mainland markets were off though “outperformed,” i.e. they fell less than Hong Kong as CNY and the … [Read more...] about Tencent’s Cash Dividend Weighs On Meituan

Share to Twitter Share to Linkedin Business leaders across the globe are regularly asking themselves some form of the following four questions: How do I navigate today’s environment of extraordinary uncertainty? How likely are inflation and recession in major markets? What scenarios should I therefore be planning for? Amid all this uncertainty, what are long-term themes and opportunities I should invest in? As the prepandemic world fades, executives are left to navigate what some are calling a “polycrisis”—a set of smaller crises, both geopolitical and macroeconomic, that together add up to more than the sum of their parts. Covid. Supply chain insecurity. War in Europe. Energy transition. Low consumer and business confidence. Trying to isolate the impact of any one of them is like attempting to pull ingredients out of a baked cake. Karen Harris, managing director of Bain & Company’s Macro Trends Group, argues that in an era of such … [Read more...] about Leaders Navigating An Uncertain World

Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job

Share to Twitter Share to Linkedin What Happened It has been a rough 2022 for cryptocurrency holders who had to face the collapse of luna and its associated stablecoin terraUSD, the meltdown of several digital-asset exchanges, and a brutal financial winter that cut the market value of all coins and tokens to $800 million from the January high of $2.4 trillion. With the year coming to an end, U.S. investors–most of whom are likely to be sitting on losses – have some room to optimize their tax situations and get ready for the upcoming filing season. Anyone following crypto knows how volatile the market can be. Forbes CryptoAsset & Blockchain Advisor looks at the universe of viable crypto assets with proprietary analysis and insider crypto knowledge to guide you to the best choices. Key Concepts Below are some strategies and best practices you can follow before the end of the year to save on taxes and have a smoother filing experience in … [Read more...] about Year-End Tax Tips After Crypto’s Dismal 2022

Share to Twitter Share to Linkedin MicroStrategy MSTR , the business-software company that has a thing for bitcoin still loves the cryptocurrency even though it sold some for tax purposes last month, employing a tactic that could help other long-term fans ease the pain from the asset’s months-long slide. As part of a flurry of late-year transactions, MicroStrategy sold about 704 bitcoins at an average price of $16,776 on December 22, the first time the company had divested any holdings of the leading cryptocurrency. But that followed purchases of about 2,395 tokens for about $17,871 each from November 1-December 21. The company said in an SEC filing that it planned to use losses generated by the sale to diminish previous capital gains, which could result in tax benefits. It also said it turned around and bought 810 bitcoins on December 22 at about $16,485 each, meaning MicroStrategy had a net increase of about 2,501 in its bitcoin hoard since the … [Read more...] about MicroStrategy Sticks With Long-Term Bitcoin Strategy But Uses Short-Term Sale For Tax Benefit

Share to Twitter Share to Linkedin By Satta Sarmah Hightower Identity theft can upend someone’s life, both financially and emotionally. It’s a reality facing customers daily. Someone becomes a victim of identity theft every four seconds , reports the National Council on Identity Theft Protection. With increasingly sophisticated cybersecurity threats on the rise, companies have a responsibility to protect their consumers—and a big opportunity to deepen trust and loyalty if they get it right. To help businesses navigate this, we talked to Erik Nienaber, CTO and head of product at Iris Powered by Generali , a leading provider of identity and personal cyber protection solutions for businesses to offer to their customers. Below, he shares five tips to help companies bolster identity protection efforts and ultimately enrich the customer experience, build trust and boost business outcomes. 1. Assess Your Plan What’s your company’s approach to … [Read more...] about This Cybersecurity CTO Shares 5 Tips To Better Protect Your Customers