S&P Gains 5% in April, Despite Losses Friday

The major averages slipped on Friday as investors took profits amid a flurry of earnings results and a robust profit beat from e-commerce giant Amazon.

The Dow Jones Industrials tumbled 185.51 points to close Friday and the week at 33,874.85. The weekly loss for the 30-stock index was 168 points, or nearly 0.5%.

The S&P 500 lost 30.3 points from Thursday’s all-time high at 4,181.17. The broader index took on one point on the week.

The NASDAQ Composite dropped 119.86 points to 13,962.68. The tech-heavy NASDAQ lost 54 points, or 0.39% on the week.

Despite Friday’s weakness in equities, the S&P 500 notched its third straight month of gains in April, adding more than 5% to the index as investors bet on a big economic and profit recovery from the pandemic.

The S&P 500 is now up 11% for the year. The benchmark closed at record levels on Thursday on … Read more

Queen helps sex toy brand Lovehoney hit new heights with award

Britain’s biggest sex toy brand has been given royal approval with an award from the Queen.

Lovehoney will be able to use Her Majesty’s emblem in advertising, marketing and on packaging for the next five years.

Since 2015 the online retailer’s overseas sales have grown from £12 million to £56 million, offering a wide range of products from lingerie to bondage toys.

The growth has been recognised with the Queen’s Award for Enterprise, which is described as “the highest accolade for business success”.

Debbie Bond, chief commercial officer of Lovehoney, said: “We are thrilled to have received official recognition from the Queen.

“Her Majesty has been a wonderful supporter of Lovehoney as we have grown into being the world’s leading sexual wellness brand.

“Royal patronage will help us to create more jobs at our Bath headquarters and in our international offices and spread the sexual happiness message globally.

“The Queen … Read more

Venus Concept Inc.: Setting Undisputed Benchmarks in the Medical Aesthetics Market

Humans in the 21st century have discovered ways to leverage technology to our benefit and comfort. From automated critical business processes to automated smart home devices and cleaning robots, we have made almost everything available to us, just a button-click away.

Delivering this ease of access and convenience to every consumer became a unique selling point for companies with capabilities and potential to innovate products and solutions that carved a niche for themselves. The following article brings into spotlight one such company that has set benchmarks of excellence across the world.

Venus Concept Inc. is a leader in the global medical aesthetic market, specifically with their revolutionary robotic hair restoration technology. The company’s goal is to help customers build a strong and sustainable business. In addition to offering cutting-edge technology and treatment solutions, it also provides creative and comprehensive services that address the important challenges customers face and enables … Read more