Page 12 - Mark Brayan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investors caught out as tech darlings plummet Investors in one-time tech darlings Adore Beauty, Nuix and Appen got ahead of themselves and have been caught out by changes in post-pandemic buying patterns.   May 6, 2021 – 4.43pm Save Share Investors in online-only retailer Adore Beauty looking for someone to blame for the stock’s plunge on Thursday and its 46 per cent fall from its IPO issue price just eight months ago should start with themselves. But no one ever forces an investor to buy into an IPO, and the vendors certainly didn’t hide what should have stood out at the...

Reality sinks in on dim day for shares Save Share A bruising trading day for Adore Beauty, Nearmap, Appen and Afterpay has put the sharemarket’s assault on its record high back on hold for now, and led the Australian benchmark to a 0.5 per cent drop on Thursday. The S&P/ASX 200 Index closed 34 points lower to 7061.7 and the All Ords fell 0.5 per cent to 7306. Adore Beauty co-founder Kate Morris. The beauty retailer’s float crumbled further on Thursday.  Josh Robenstone In another session dominated by trading updates and the final day of the Macquarie Australia Conference, Afterpa...

At the time of writing, the artificial intelligence (AI) data services company’s shares are down 21% to $11.67. This means the Appen share price has now lost over half of its value since the start of the year. Why is the Appen share price crashing 21% lower? Investors have been heading to the exits in their droves on Thursday after Appen released a presentation ahead of its appearance at the While there were many positives in the presentation, judging by the Appen share price performance, investors have chosen to focus entirely on the negatives. What were the negatives? Comments by Appen�...

Why so many Rich Women are media-shy Mar 11, 2021 – 12.00am Share At least seven of the business founders on 2021’s Financial Review Rich Women List have rarely or never appeared in the media, leaving it to their male partners to maintain a public profile. In a symptom of what RMIT economics professor Leonora Risse called “a society still coming to grips with embracing successful females”, there is even one self-made billionaire – 64-year-old TPG Telecom co-founder Vicky Teoh – who has never seen fit to share her story. Jamuna Gurung co-founded Melbourne Institute Of Technology, b...

4.43PM – Feb 24, 2021 Harmoney, MoneyMe lift personal loan originations in bank tech battle Loan originations are on the rise at two new, tech-driven personal lending brands, Harmoney and MoneyMe, which presented plans to beat the major banks at finding customers and assessing their risk but failed to convince the market. Harmoney and MoneyMe have both developed machine learning tools using broad data sets to assess customers; Harmoney said a new model using data from 53,000 Australian loan applicants had resulted in its ‘Libra’ system doubling originations in the middle two we...