Two-thirds of parents say their adult Gen Z kids still rely on them financially for support—even though it's putting them under strain [Fortune]
Globant S.A. Common Shares (GLOB)
Last globant s.a. common shares earnings: 2/20 04:15 pm
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Source: Fortune
Now, it's leaving both the young generation and their parents feeling the squeeze. Recommended Video Around 64% of parents with Gen Z children, aged 18 to 28, said that their adult kids still rely on them for money, housing, or other financial support, according to a new survey from Wells Fargo And their continued support has led to a money pinch, as 56% reported that assisting their grown-up offspring is straining their own finances. But despite assumptions that Gen Zers are living outside their means , most parents aren't stepping up to finance the lavish lives of their adult children. Emily Irwin, head of private wealth planning at Wells Fargo , tells Fortune that they're actually helping cover essential living expenses rather than extravagant getaways and shopping sprees. Gen Zers are battling a sluggish entry-level job market stagnating wages , and high cost-of-living while wanting to financially prepare for the future. And parents don't want to wait until they pass dow
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News
- Globant to Hold its Annual General Meeting of Shareholders on April 28, 2026 [Yahoo! Finance]Yahoo! Finance
- Globant to Hold its Annual General Meeting of Shareholders on April 28, 2026PR Newswire
- Globant to Hold its Annual General Meeting of Shareholders on April 28, 2026PR Newswire
- Globant (GLOB) had its price target lowered by Wells Fargo & Company from $57.00 to $50.00. They now have an "equal weight" rating on the stock.MarketBeat
- PharmaMar looks to accelerate oncology research with AI through collaboration with GlobantPR Newswire
GLOB
Earnings
- 2/26/26 - Beat
GLOB
Sec Filings
- 3/27/26 - Form 6-K
- 3/18/26 - Form 3
- 3/18/26 - Form 3
- GLOB's page on the SEC website