Posts filtered by tags: Jpmorgan[x]


 

A Warner Bros. exec explains the data behind licensing shows like 'Friends' to Netflix

Warner Bros. is considering pulling popular TV shows like "Seinfeld" and "Friends" from other streaming services like Netflix and Hulu as it readies its own rival streaming platform for later this year. Netflix is still introducing the 1990s sitcom, "Friends," to new, young viewers, data from Nielsen found. The media company will have to weigh the value of building the "Friends" brand through platforms like Netflix with the show's potential to attract people to its coming service. Visit Busine...
Tags: New York, Disney, US, Trends, Netflix, Comcast, Cbs, Tbs, Jurassic World, Nielsen, Warner Bros, Hulu, Seinfeld, Paramount, Jpmorgan, AT T


JPMorgan to acquire healthcare payments company InstaMed

JPMorgan Chase & Co said Friday it is acquiring InstaMed, a U.S. healthcare payments technology company.
Tags: Money, businessNews, Jpmorgan, JPMorgan Chase Co, InstaMed a U S healthcare


Bessemer and Accel-backed freelance marketplace startup Fiverr has filed to go public

Fiverr, an Israel startup backed by Bessemer and Accel, has filed to go public on the New York Stock Exchange. Fiverr is a marketplace for freelancers to connect with employers. It makes most of its revenue on transaction and service fees. Bloomberg previously reported that Fiverr would seek an $800 million valuation in its IPO, though its last funding round in 2015 valued the company att $262 million. Visit Business Insider's homepage for more stories. Fiverr, an Israeli startup backed by Be...
Tags: New York, London, Ipo, Israel, US, Tel Aviv, Trends, Bloomberg, Service, Nvidia, New York Stock Exchange, Accel, Bessemer Venture Partners, Fiverr, Bessemer, Jpmorgan


Everything we know going on at Goldman Sachs

Goldman Sachs has a new CEO and the storied investment bank is in the midst of a transformation. The Wall Street bank is moving away from high risk businesses like trading that were once lucrative but have since slowed, and towards more stable areas like consumer lending.  Business Insider reports regularly on the latest developments at Goldman. You can read our stories by subscribing to BI Prime. Here's what we know about what's going on inside of Goldman right now, from its growing digital ...
Tags: Apple, Google, Utah, New York, Microsoft, US, Trends, Tesla, Netflix, Goldman Sachs, Morgan Stanley, Goldman, Blackstone, Lloyd Blankfein, Marcus, Jpmorgan


Goldman Sachs execs are opening up about their plans for Marcus, and they think it can do to banking what iTunes did to the music industry

Goldman Sachs' global head of consumer, Harit Talwar, recently said the banks' consumer finance business, Marcus, is inspired by how Amazon and iTunes disrupted their respective industries.  David Haber, Goldman Sachs' vice president of strategy and corporate development, spoke last month about how Marcus has a unique opportunity to serve as a distribution platform or back end for companies outside of financial services.   Both comments suggest executives view Marcus as eventually serving as a...
Tags: Apple, Amazon, US, Trends, David, Customer, Citigroup, Goldman Sachs, Seattle, Goldman, Intuit, Marcus, Jpmorgan, Yahoo Finance, Scott Young, Ayco


A Warner Bros. exec breaks down the decision to keep 'Friends' on Netflix and the data behind it

Warner Bros. is considering pulling popular TV shows like "Seinfeld" and "Friends" from other streaming services like Netflix and Hulu, as it readies its own rival streaming platform for later this year. Netflix is still introducing the 1990s sitcom, "Friends," to new, young viewers, data from Nielsen shows.  The media company will have to weigh the value of building the "Friends" brand through platforms like Netflix, versus the show's potential to attract people to its upcoming service.  Visi...
Tags: New York, Disney, US, Trends, Netflix, Comcast, Cbs, Tbs, Nielsen, Warner Bros, Hulu, Seinfeld, Paramount, Jpmorgan, AT T, Winterfell


PM Price Manipulation

From Chuck Butler's "Daily Pfennig": "Well, I mentioned this a couple of weeks ago, that Bart Chilton, the former CFTC regulator had died, but before he did, he gave an interview in which he said that the CFTC had told JPMorgan to cease their short silver operations, but that JPMorgan had ignored them. Well, the GATA folks sent me a link to an interview with Ed Steer where he talks about this new found information regarding price manipulation… here’s what the GATA folks said: “GATA Board of Dir...
Tags: Cftc, Weapon, Financial Forum, James Anderson, Jpmorgan, U S Commodity Futures Trading Commission, GATA, Bart Chilton, Ed Steer, GATA Board, Gold Silver Digest


'We want everybody to win': A Warner Bros. exec breaks down the decision to keep 'Friends' on Netflix

Warner Bros. is considering pulling popular TV shows like "Seinfeld" and "Friends" from other streaming services like Netflix and Hulu as it readies its own rival streaming platform for later this year. Netflix is still introducing the 1990s sitcom, "Friends," to new, young viewers, data from Nielsen found. The media company will have to weigh the value of building the "Friends" brand through platforms like Netflix with the show's potential to attract people to its coming service. Visit Busine...
Tags: New York, Disney, US, Trends, Netflix, Comcast, Cbs, Tbs, Nielsen, Warner Bros, Hulu, Seinfeld, Paramount, Jpmorgan, AT T, Randall Stephenson


PIMCO's CEO explains how the asset manager is using machine learning and Ben Bernanke to predict how the Federal Reserve will change interest rates

Manny Roman, CEO of $1.7 trillion PIMCO, doesn't expect every technology project to go well – in fact, some of them will "miserably fail," he said at a recent financial conference.  PIMCO is experimenting with machine learning, among other technology initiatives. The firm's found some things that work – mortgage models based on machine learning, for example – and some that don't, such as predicting metrics like the Consumer Price Index that aren't money makers.  "You've got to be able to do th...
Tags: China, US, Trends, Chicago, Pimco, Janet Yellen, Federal Reserve, Blackrock, Business Insider, Fed, Jpmorgan, Ben Bernanke, Roman, Morningstar Investment Conference, Pagaya, Silicon Valley BlackRock


PIMCO's CEO explains how the asset manager is using both machine learning and Bernanke himself when trying to predict how the Federal Reserve will change interest rates

Manny Roman, CEO of $1.7 trillion PIMCO, doesn't expect every technology project to go well – in fact, some of them will "miserably fail," he said at a recent financial conference.  PIMCO is experimenting with machine learning, among other technology initiatives. The firm's found some things that work – mortgage models based on machine learning, for example – and some that don't, such as predicting metrics like the Consumer Price Index that aren't money makers.  "You've got to be able to do th...
Tags: China, US, Trends, Chicago, Pimco, Janet Yellen, Federal Reserve, Blackrock, Business Insider, Fed, Bernanke, Jpmorgan, Ben Bernanke, Roman, Morningstar Investment Conference, Pagaya


Deere, Apple, Retail in Focus as U.S. Releases Fresh Tariff List

Cell phones, toys, game consoles and printers were included in a fresh tariffs list released on Monday, and the likes of Apple Inc., Hasbro Inc. and Western Digital Corp. may be hurt. Deere is down 1.2% in pre-market trading -- but Apple is rising 1.2%, and U.S. equity futures are gaining alongside European stocks as investors assess the prospects for global trade and sift for potential winners. AGCO Corp. may be among those poised to advance, JPMorgan said in a note upgrading its recommendati...
Tags: Apple, Science, Jpmorgan, Western Digital Corp, Deere, AGCO Corp, Apple Inc Hasbro Inc


JPMorgan says UK PM May unlikely to survive beyond the end of June

U.S. investment bank JPMorgan said on Tuesday it was difficult to see British Prime Minister Theresa May surviving beyond the end of June.
Tags: UK, Money, businessNews, Theresa May, Jpmorgan


JPMorgan has tapped buzzy startup Snowflake to help it solve one of the biggest issues firms face when moving to the cloud

JPMorgan is working with buzzy data storage company Snowflake as part of its public cloud strategy, according to a source familiar with the matter. Snowflake, which is valued at $3.5 billion, gives the bank flexibility to work between multiple public cloud providers.  On May 1, former Microsoft executive Bob Muglia stepped down as Snowflake's CEO.  JPMorgan is turning to one of Silicon Valley's hottest startups for help with its cloud strategy.  The bank has started working with cloud-based d...
Tags: Google, Amazon, Microsoft, US, Trends, Steve Ballmer, Silicon Valley, Snowflake, Bob Muglia, Jpmorgan, Capital One Growth Ventures, Amazon Web Services Microsoft, Frank Slootman, Muglia, Sequoia Red Point Sutter Hill


PIMCO's CEO highlights 4 tech areas he's boosting and what keeps him up at night

PIMCO CEO Manny Roman said he's investing significantly in four technology areas: pre-trade analytics, cybersecurity, cloud migration, and disaster recovery. Even though he said the $1.7 trillion asset manager is doing well compared with its peers in tech, he said he can't invest enough, since new entrants could be a step ahead.  Visit Business Insider's homepage for more stories. The CEO of one of the biggest asset managers spends a lot of time and money on technology – but he admitted his e...
Tags: Microsoft, US, Trends, Chicago, Pimco, Las Vegas, Amazon Web Services, Blackrock, Jpmorgan, Morningstar, Roman, Google Amazon, Newport Beach California, Pagaya, Silicon Valley BlackRock, Manny Roman


JPMorgan cuts emerging markets risk after U.S.-China trade setback

JPMorgan said it had reduced its emerging markets risk for the second time in as many months on Monday following the set-back in U.S-China trade talks.
Tags: Money, China, businessNews, Jpmorgan


The tech head at $1.7 trillion investment firm Pimco told us how a new tool is turning every employee into a data scientist

PIMCO, the $1.7 trillion asset manager, is trying to turn every employee into a "citizen data scientist," chief technology officer Dirk Manelski told Business Insider in a recent interview.  The firm is building an internal data platform that's already used by hundreds of employees. Instead of asking a business intelligence group for a report, employees can get data on their own.  Visit Business Insider's homepage for more stories. PIMCO has plenty of data scientists – but now, the $1.7 t...
Tags: Trends, Pimco, Blackstone, Cto, Blackrock, Business Insider, Jpmorgan, State Street, Franklin Templeton, Pagaya, Boerio, Joe Boerio, Silicon Valley BlackRock, Dirk Manelski, Manelski, Python Manelski


Chinese AI start-up Megvii raises $750 million ahead of planned HK IPO: Reuters

Chinese artificial intelligence (AI) provider Megvii Inc, commonly known as Face++, said on Wednesday it raised $750 million in its latest funding round. The funding raises start-up Megvii’s valuation to slightly over $4 billion as it prepares for an initial public offering (IPO) in Hong Kong planned for later this year, said two sources with knowledge of the matter. Bank of China Group Investment (BOCGI) Ltd, the state bank’s private equity arm, led the fundraising with $200 million, they said....
Tags: Hong Kong, China, Ipo, Softbank, Trends, Beijing, Alibaba, Cctv, Ai, Alibaba Group, Reuters, Jpmorgan, Tsinghua University, Citigroup Goldman Sachs, Huawei Technologies, VC Deals


'Funding secured at $240-ish': Tesla analyst slashes his price target for the 5th time this year (TSLA)

RBC Capital Markets analyst Joseph Spak cut his Tesla price target for the fifth time this year. Tesla's gross margins were worse than previously thought, Spak said in a report on Monday. The electric-car maker's capital raise announced last week was needed, but "could have been done earlier from a greater position of strength," the analyst said. Watch Tesla trade live. Tesla's $2.4 billion recent capital raise has been well-received by Wall Street analysts covering the stock, but it's not s...
Tags: Elon Musk, Wall Street, Trends, Tesla, Bloomberg, Securities And Exchange Commission, Rbc, Jpmorgan, RBC Capital Markets, Joseph Spak, Spak, Ryan Brinkman


JPMorgan cuts its Tesla expectations after the company announced a $2.4 billion funding round — but says there's one big plus to the offering (TSLA)

Tesla announced — and then expanded — plans for a fresh capital infusion last week totalling near $2.4 billion.  JPMorgan, still a Tesla bear, is applauding the move, and told clients Monday the offering should help put a floor on the stock's price.  Shares of Elon Musk's electric automaker have been slowly crawling their way out of multi-year lows after a disappointing first quarter earnings report in April.  Tesla is raising more than $2 billion in new funding, the company disclosed last we...
Tags: Apple, Elon Musk, Trends, Tesla, Bloomberg, Canada, TSLA, SEC, Jpmorgan, Ryan Brinkman


15 cities where Uber and Lyft drivers make the most money

San Francisco drivers earn the most monthly income, according to a new JPMorgan Chase report.  While more people have joined ride-sharing services since 2013, the monthly revenue that drivers earn was cut in half. Here are the 15 cities where Uber and Lyft drivers earn the most income. Visit Business Insider's homepage for more stories. Three of the country's most expensive cities — San Francisco, New York City, and San Jose — pay Uber and Lyft drivers the most, according to a new report. JPM...
Tags: Uber, Obama, San Francisco, Trends, Austin, Chase, Dallas, San Jose, Trump, Fed, Jpmorgan, Austin Texas, NOLA, Dallas Texas, JPMorgan Chase, San Francisco New York City


Cognizant Nears Dubious Milestone With Flurry of Downgrades

Wall Street bulls were quick to throw in the towel as eight buy-rated analysts trimmed their ratings to neutral, including Deutsche Bank, which wrote that it was “still confused on what happened during the qtr so suddenly.” JPMorgan cut its rating to underweight from neutral, saying “execution likely played a role” in the company’s first-quarter revenue miss as new Chief Executive Brian Humphries took the reins after the period ended. With at least 33 analysts covering the stock on Wall Street,...
Tags: Science, Deutsche Bank, Jpmorgan, Brian Humphries


Microsoft is partnering with JPMorgan Chase on its blockchain product (MSFT)

Microsoft said it has formed a blockchain partnership with JPMorgan Chase. Microsoft Azure will make a JPMorgan platform available on its blockchain service. The partnership would make it easier for JPMorgan customers to create new blockchain applications. Visit Business Insider's homepage for more stories Microsoft is teaming up with JPMorgan Chase to help boost the financial services giant's blockchain platform, the companies said Thursday. Microsoft's cloud computing platform, Azure, ...
Tags: Microsoft, Trends, Jp Morgan, Starbucks, Blockchain, Idc, Louis Vuitton, Jpmorgan, JPMorgan Chase, Mark Russinovich, Scott Guthrie, Matt Weinberger, Russinovich, Crawford Del Prete, JPMorgan Chase Microsoft, Business Insider JPMorgan


Top Wall Street CEOs keep saying their No. 1 fear is a cyberattack that'll take down the financial system

Financial-company CEOs are increasingly concerned about cyberattacks on the financial system. David Hunt, head of investment management at Prudential, highlighted the risk at the Milken Institute Global Conference. Other CEOs, including JPMorgan's Jamie Dimon, have suggested cyber attacks are a top risk. The CEOs of some of the top financial institutions in America are increasingly worried about the risk of a cybersecurity attack on the nation's financial system. Speaking at the Milken Glo...
Tags: Congress, US, America, Trends, Bank Of America, Prudential, Jamie Dimon, Hunt, Jpmorgan, Goldman Sachs Morgan Stanley, David Hunt, Dimon, Ponemon Institute, Milken Global Institute David Hunt, Prudential Global Investment Management


JPMorgan joins Brunei-owned hotels boycott

JPMorgan Chase has joined a boycott of hotels owned by the Sultan of Brunei after the Asian country introduced laws that punish gay sex with death.
Tags: News, Stories, Brunei, Jpmorgan, JPMorgan Chase


JPMorgan tells staff to boycott Brunei-owned hotels over gay sex death penalty

JPMorgan Chase has joined a boycott of hotels owned by the Sultan of Brunei after the Asian country introduced laws that punish gay sex with death.
Tags: Cnn, Brunei, Jpmorgan, JPMorgan Chase


JPMorgan joins boycott of hotels over anti-gay law

JPMorgan Chase has joined a boycott of hotels owned by the Sultan of Brunei after the Asian country introduced laws that punish gay sex with death.
Tags: News, Stories, Brunei, Jpmorgan, JPMorgan Chase


Here are the executive power moves that help explain everything that's going on in finance, tech and retail

Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy.  The Org tracks executive changes at companies big and small.  Here's a snapshot of the most important executive moves of the week across finance, tech and retail. Every week we bring you an overview of the most important executive changes from the past week. Last week, JPMorgan named a new CFO and moved finance chief Marianne Lake to a new role. Read more about this and other notable exe...
Tags: Trends, SEC, Barry, Robinhood, Jamie Dimon, Sap, Lake, Flexport, Jpmorgan, JPMorgan Chase, JPMorgan Chase Co, Friedman, Executive Board, Marianne Lake, Google Cloud, Scott Friedman


The head of Credit Suisse's blockchain efforts said culture is the biggest thing holding back Wall Street from using the tech

Emmanuel Aidoo, Credit Suisse's head of digital market assets, told Business Insider that culture within banks is the biggest thing holding them back from adopting blockchain technologies. Aidoo said none of the banks Credit Suisse is working with on blockchain projects having pulled funding, demonstrating the industry's commitment to the cutting-edge technology. Aidoo was named one of Business Insider's 10 people transforming finance. See the full list of the 100 people transforming business ...
Tags: Wall Street, US, Trends, Credit Suisse, Jpmorgan, Digital Asset, Aidoo, Emmanuel Aidoo Credit Suisse


JPMorgan names CFO Marianne Lake to lead consumer lending business

JPMorgan CFO Marianne Lake is leaving her post to take the reins of the bank's consumer lending business, the company said Wednesday. She will oversee JPMorgan's card services, home lending and auto finance divisions.
Tags: Cnn, Jpmorgan, Marianne Lake


JPMorgan shuffles CFO and card services executives

JPMorgan Chase & Co switched roles for two women executives on Wednesday, putting Chief Financial Officer Marianne Lake in charge of consumer lending and naming card services chief Jenn Piepszak to take Lake's place.
Tags: Money, businessNews, Lake, Jpmorgan, JPMorgan Chase Co, Marianne Lake, Jenn Piepszak