{"id":1589,"date":"2021-07-23T09:47:44","date_gmt":"2021-07-23T12:47:44","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1589"},"modified":"2021-07-23T18:44:37","modified_gmt":"2021-07-23T21:44:37","slug":"social-media-giants-soar-money-managers-in-demand-and-more-danger-of-delta","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/07\/23\/social-media-giants-soar-money-managers-in-demand-and-more-danger-of-delta\/","title":{"rendered":"Social media giants soar, money managers in demand and more danger of delta"},"content":{"rendered":"\n<p><em>Wyllian Capucci<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Ad spreeT<\/strong><\/p>\n\n\n\n<p>witter Inc. and Snap Inc. beat analysts&#8217; estimates for the results ofQ2 as companies continue to pour money intodigital advertising.&nbsp;Snap&#8217;s second quarter sales more than doubled to$982.1 million, while Twitter predicted revenue of $1.22 billion to $1.3billion, above expectations.&nbsp;Blockbuster results are an emphatic responseto questions about whether advertising spending levels would return to previous levelsto the pandemic.&nbsp;Both companies are on the rise in the pre-market, with the results alsoincreasing shares of rivals Facebook Inc. and Alphabet Inc., which report in the weekthat comes amid threats of widespread crackdown on Big Tech<\/p>\n\n\n\n<p><strong>Rude health<\/strong><\/p>\n\n\n\n<p>The investment management industry is in dire health as thecompanies compete for customers eager to increase their wealth amid downturnsincome.&nbsp;Private-equity giant Carlyle Group Inc. is looking to raise up$27 billion for a new fund, surpassing the record $26 billion for theBlackstone Group Inc. of 2019. Meanwhile, the industry&#8217;s JPMorgan Chase &amp; Co.Plans to Hire 500 New Consultants for Your Boutique Wealth Businessas the competition to serve the rich heats up.&nbsp;Job vacancies in the sectorare growing on the rise in London as well: vacancies in servicesfinancial, consulting and law have once again surpassed pre-pandemic levels.<\/p>\n\n\n\n<p><strong>Delta hazard<\/strong><\/p>\n\n\n\n<p>Pfizer Inc.&#8217;s vaccine was only 39% effective in preventing people from beinginfected with the delta variant in Israel in recent weeks, according to the ministrythe country&#8217;s health, although it strongly protected against hospitalization and serious illness.Los Angeles County&#8217;s top health official said that people totallyvaccinated were responsible for one in five Covid-19 infections in June andwarned that the number could increase in July with a higher level of transmission in thecommunity.&nbsp;Meanwhile, just hours before the opening ceremony, theJapan&#8217;s Olympic organizers reported a record number of new infectionsper day by Games-related coronaviruses, including three athletes, bringing the totalto 110.<\/p>\n\n\n\n<p><strong>Mixed markets<\/strong><\/p>\n\n\n\n<p>Investors are weighing optimism about corporate earnings incomparison with mixed economic data and concerns about the spread ofCoronavirus variants.&nbsp;Overnight, the MSCI Asia Pacific ex-Japan index fell 0.8%,with Tokyo closed for a holiday.&nbsp;In Europe, the Stoxx 600 Index rose 0.8% at 6:46 am,Bras\u00edlia time, towards a fourth day of earnings.&nbsp;The S&amp;P 500 Futurespointed to green at the opening, the 10-year Treasury yield was at 1.291%and oil held most of a three-day advance.<\/p>\n\n\n\n<p><strong>Coming<\/strong><\/p>\n\n\n\n<p>Service and manufacturing PMIs are due at 10:45 am, with rig countBaker Hughes following at 2pm.&nbsp;It&#8217;s a relatively quiet day for earnings, with American Express Co. Inc., Regions Financial Corp.&nbsp;and Honeywell International Inc. among thefew notable names reporting<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/wintrademarkets.com\/\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wyllian Capucci Ad spreeT witter Inc. and Snap Inc. beat analysts&#8217; estimates for the results ofQ2 as companies continue to pour money intodigital advertising.&nbsp;Snap&#8217;s second quarter sales more than doubled to$982.1 million, while Twitter predicted revenue of $1.22 billion to $1.3billion, above expectations.&nbsp;Blockbuster results are an emphatic responseto questions about whether advertising spending levels would [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1208,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1589","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1589"}],"version-history":[{"count":2,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1589\/revisions"}],"predecessor-version":[{"id":1591,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1589\/revisions\/1591"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1208"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}