MAGGIE PAGANO: Enjoy The Ride At M C Saatchi After Vin Murria apos;s Bid

electric-car maker signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, according to a CNBC report. Megacap growth and technology stocks rose in early trading, with Tesla up 5.2%. The U.S. Euro zone numbers on Friday, meanwhile, beat expectations, yet recession fears are mounting as energy inflation continues to bite in the face of Russia's invasion of Ukraine. After Thursday data showed the U.S. economy contracted in the second quarter, stocks rose as traders bet rates would rise more slowly. Can tech queen seal deal to buy iconic ad agency? Vin Murria... M&C Saatchi rejects Vin Murria's latest 'hostile' takeover... Ad and marketing agency Next Fifteen gatecrashes Vin... MAGGIE PAGANO: Gloves off at M&C Saatchi as tech tycoon... Aug 5 (Reuters) - Amazon.com Inc will acquire the maker of robot vacuum cleaner iRobot Corp in an all-cash deal for about $1.7 billion, in the latest push by the world's largest online retailer to add to its cart of smart home devices. "Our view is that earnings for all equity classes likely will peak in 2022 and move lower as the economy weakens, revenue growth stalls and input costs remain elevated," strategists with the Wells Fargo Investment Institute wrote in a note on Thursday. "While it's clear the Fed needs to continue tightening policy, there are still about six weeks until the next meeting and we remind investors that economic data can change very quickly," said Robert Schein, chief investment officer, Blanke Schein Wealth Management. The logic is that by bringing together new data-driven marketing with the sexier, creative work of M&C Saatchi, their offer for a one-size-fits-all approach will prove irresistible to global clients. 'And given that it has taken the same penal action against a number of prominent non-profit advocacy, campaigning and journalistic groups in the UK it gives the distinct impression that this was a politically motivated coup against campaigning groups who had taken a particular view on controversial topics,' she said. However, iRobot's second-quarter revenue fell 30% due to weak demand and cancellations from retailers in North America and Europe, Middle East and Africa as consumers rethink how they spend their money during rising inflation. 'I don't think there's anywhere else in the country where you could holiday in an oil rig escape capsule or a recovered trawler, especially if you saw the condition they were in before Stuart worked his magic on them. It is not the win that Vin Murria wanted but the tech tycoon can't complain. On Tuesday she launched a hostile bid for M&C Saatchi - and ended the week around £40million richer following a rival bid from Next Fifteen. "Strong hiring and falling GDP mean an unsustainable collapse in productivity. The labor market should slow quickly, soon," Bank of America economists Ethan Harris and Aditya Bhave wrote in a note Friday. Aug 8 (Reuters) - The Nasdaq led U.S. stock indexes higher on Monday as a pullback in Treasury yields boosted megacap growth stocks after last week's blockbuster jobs data sparked a tech selloff on expectations of sharp rate hikes by the Federal Reserve. Meanwhile Molly Kingsley, co-founder of UsForThem, has responded to the closure of their account, saying the group - who are campaigning for children to be be placed front and centre in all decisions impacting them  - were 'taken aback' by PayPal's latest move. At Business Questions, Conservative MP for Devizes Danny Kruger asked: 'Does she share my deep concern about the decision of PayPal, the online payments company, to cancel the accounts of certain organisations including Us for Them, who campaigned against the Covid lockdowns, and perhaps most ironically the Free Speech Union, who appear to have been targeted because of their views on sex and gender. ET, the Dow Jones Industrial Average was up 256.40 points, or 0.78%, at 33,059.87, the S&P 500 was up 35.81 points, or 0.86%, at 4,181.00, and the Nasdaq Composite was up 163.05 points, or 1.29%, at 12,820.61. Equities are pricing in a 'soft landing,' yet the risk of a deeper 'slump' in economic activity is elevated." Despite the positive end to the month for stocks, Mark Haefele, chief investment officer at UBS Global Wealth Management, said investors should proceed with caution, noting: "In the near term, we think the risk-reward for broad equity indexes will be muted. 'We are, however, heartened to see MPs rallying to the cause, and we hope that this brings to the fore the question of whether there is an urgent need to bring in heightened safeguards to protect against economic sanctions against companies operating perfectly lawfully,' she added. The U.S. dollar rebounded from a three-week low in choppy trading on Friday, as the round of U.S. economic data suggested more inflation and higher interest rates. The dollar was last down about 0.2% against a basket of its major peers - still on course for a second month of gains.