Posts filtered by tags: Wall Street[x]


Dow falls after dovish Fed decision as Brexit chaos hammers pound

Wall Street stocks finished a volatile session mostly lower on Wednesday following a dovish Federal Reserve decision, while the pound dropped amid Brexit chaos as Britain tries to avoid a damaging no-deal exit.
Tags: News, Wall Street, Britain, Federal Reserve, Fed

United States: Application Rejected: Supreme Court Requires Registration To Commence Copyright Infringement Suit - BakerHostetler

In Fourth Estate Public Benefit Corp. v., the Supreme Court settled the long unresolved question of whether registration
Tags: News, Supreme Court, Wall Street, United States, Fourth Estate Public Benefit Corp

Wall Street advances ahead of Fed policy meeting

Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week's U.S. Federal Reserve meeting for affirmation of its commitment to "patient" monetary policy.
Tags: Facebook, Money, Wall Street, businessNews, Boeing, Fed, U S Federal Reserve

EXp World Holdings revenue soars 212%

Revenue at eXp World Holdings, parent company of virtual brokerage eXp Realty, rose to 212 percent year-over-year during the final months of 2018, helping lift the company’s total take for the year to a record $500.1 million. In an earnings report released Monday, eXp World Holdings announced that it brought in $150.4 million in revenue […]
Tags: Technology, Wall Street, Radio, Earnings, Virtual Reality, Industry News, Markets & Economy, Brokerage, Select, VirBELA, Glenn Sanford, Exp World Holdings, Jeff Whiteside, World Holdings

'Very, very severe headwinds’: The threat to bust up Big Tech is giving some experts painful flashbacks to the financial crisis — and one has stopped buying those stocks entirely

As calls to regulate or break up US tech giants increase, Wall Street sees a resemblance to past situations in which massive companies faced years of scrutiny and difficulty. Senator and presidential candidate Elizabeth Warren said recently that Facebook, Google, Amazon, and Apple should be split up to increase competition. Some experts now say the companies are in for an extended rough period. One money manager explained to Business Insider why he stopped buying those four stocks entirely. W...
Tags: Apple, Google, Facebook, Microsoft, North Korea, Wall Street, Elizabeth Warren, US, Trends, Warren, Department Of Justice, Stifel Nicolaus, Kim Jong, Antonelli, Competitive Enterprise Institute, Facebook Google Amazon

A tale of two companies: Domo's stock skyrocketed 21%, while Cloudera's stock dropped almost 20%. Here's why Wall Street is paying close attention to both (DOMO, CLDR)

After Cloudera and Domo reported their quarterly earnings on Wednesday, both companies saw dramatically different stock movements the next day. Domo, which makes a cloud tool for tracking business information, saw its stock rise about 21% in trading on Thursday. Shares of Cloudera, which makes software for analyzing huge amounts of information, dropped about 20%. Investors are skeptical about the Cloudera-Hortonworks merger, but they are confident about Domo's new enterprise sales strategy. ...
Tags: Amazon, Microsoft, Wall Street, Trends, CIO, Hortonworks, Wood, Amazon Web Services, Domo, Cloudera, Ives, Cowen, Wedbush Securities, Dan Ives, J Derrick Wood, Hortonworks Meanwhile Domo

I've talked to loads of hedge funds about their performance woes and there's one thing they have in common. Here's why Excel doesn't work anymore for picking stocks.

Junta Nakai has spent his career on Wall Street and in financial technology.  In this op-ed, Nakai argues that Microsoft Excel, which has been used by the investment community for years, can no longer be the only tool used for stock-picking.  The explosion of alternative data in particular has pushed stock analysis beyond what Excel is capable of.  Most investors are equipped for megabytes. Winners are equipped for terabytes. The vast majority of institutional investors today use Microsoft Ex...
Tags: Microsoft, Wall Street, Americas, America, Trends, Walmart, Bloomberg, Asia Pacific, Goldman Sachs, Financial Services, Nasdaq, Morningstar, FINRA, Mount Rushmore, Selerity, Nakai

Markets Right Now: Stocks off to mixed start on Wall Street

The latest on developments in financial markets (all times local): 9:35 a.m.
Tags: New York, Finance, Wall Street, Article, Associated Press, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/stocks, E9383d03-745f-51db-944f-e0a78d846228

Joe Biden faces tough choices on fundraising for potential 2020 run

The former vice-president has strong ties with Wall Street but the Democratic presidential field prizes small-donor supportFormer vice-president Joe Biden has said he is in the “final stages” of making a decision on whether to run for the Democratic presidential nomination. The move could even come as soon as this weekend when Biden delivers a Saturday speech to the local Democratic party in Delaware, the state he served as a US senator from 1973 to 2009.But some are already warning that Biden’s...
Tags: Wall Street, US, Joe Biden, US news, Democrats, US politics, Biden, US political financing, Delaware, US elections 2020

Brookfield-Oaktree merger would create $475 billion investment giant

By Gillian Tan and Scott Deveau, Bloomberg Brookfield Asset Management has agreed to buy a majority stake in Oaktree Capital Group, a combination that would rival Blackstone Group as the world’s largest alternative money manager. Brookfield will acquire a 62 percent stake in Oaktree in a cash and stock deal worth roughly $4.7 billion, the companies said Wednesday in a statement. The firms together will have about $475 billion of assets under management and $2.5 billion of annual fee-related reve...
Tags: Business, Real Estate, New York, Wall Street, Toronto, Los Angeles, Sport, Canada, Soccer, Brookfield, Blackstone, Flatt, GGP, Commercial Real Estate, Blackstone Group, Johnson Controls

Wall Street thinks the FDA's latest crackdown on e-cigarettes might actually be good news for Juul

On Wednesday, the Food and Drug Administration's outgoing chief announced moves that would crack down further on flavored versions of e-cigarettes, such as Juul products. Juul products represent 80% of the e-cigarette market. In advance of the FDA's announcement, the company chose to pull its fruit-flavored varieties from retail stores last fall. Wall Street analysts think the FDA's moves could positively influence Juul by "leveling the playing field" with other e-cigarette makers, who may now...
Tags: Wall Street, Trends, Food And Drug Administration, Fda, Jefferies, Juul, Blu, Altria, Stifel, Cowen, Vype, Vuse, British American Tobacco and Imperial, Vype Vuse

Wall Street thinks the FDA's latest crackdown on e-cigs might actually be good news for Juul

On Wednesday, the Food and Drug Administration's outgoing chief announced moves that would crack down further on flavored versions of e-cigarettes like the Juul. Juul products currently represent 80% of the e-cigarette market. In advance of the FDA's announcement, the company chose to pull its flavored fruit varieties from retail stores last fall. Wall Street analysts think the FDA's moves could positively impact Juul by "leveling the playing field" with other e-cig makers, who may now need to...
Tags: Wall Street, Trends, Food And Drug Administration, Fda, Jefferies, Juul, Blu, Altria, Stifel, Cowen, Juul Juul, British American Tobacco and Imperial, Vype Vuse

Wall Street snaps five-day losing streak despite Boeing's drop

U.S. stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing's shares limited the Dow's advance after a deadly airline crash in Ethiopia.
Tags: Money, Wall Street, businessNews, Boeing

Stocks surge in broad rally, Treasury yields rise

Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one of its newest jets crashed, while U.S. debt yields rose on improved risk appetite. China's main bourses clawed back almost half the 4 percent they lost on Friday as the country's central bank chief pledged billions of dollars of cuts to taxes and fees to shore up an economy growing at its slowest pace in almost three decades. ...
Tags: Europe, Science, Wall Street, China, Treasury, Boeing

Apple is now one of the biggest investors in research and development, and critics are wondering what it's getting for its money (AAPL)

Apple has been massively ramping up its spending on research and development in recent years. It now spends nearly $15 billion a year, giving it one of the biggest corporate R&D budgets in the world. Analysts and investors have begun to question that spending, because the company seems to have gotten little payoff from it so far. Apple is still heavily dependent on the iPhone and its new products haven't come close to making up for shortfalls in its phone sales. Analysts attribute the company'...
Tags: Apple, Google, Amazon, Facebook, Hollywood, Cook, Microsoft, California, Steve Jobs, Wall Street, China, Trends, Intel, Apple TV, Netflix, Xerox

Wall Street slides for fifth straight day after weak U.S. jobs report

Wall Street's main indexes fell for a fifth straight session on Friday, as a weak U.S. jobs report ignited more concerns about the global economy.
Tags: Money, Wall Street, businessNews

Google Shopping Campaigns Now Include Google Images Placements

  Getting product announcement emails from Google Ads on a Friday is usually a bad sign and the email today was no different. Here is the email in its entirety: TL;DR Google Images is being reclassified from a Search Partner to part of the core search network. For Shopping campaigns that were opted out of Search Partners, this will be a significant change. This only affects Shopping campaigns because they’re the only campaign type with images. Less Advertiser Control Google Images gets a ton...
Tags: Google, Wall Street, Sem, Shopping Campaigns, Google Images, Google Ads, Google Image Search, Search Partners, Search Partner Network, Google Shopping Campaigns Now Include Google

Target Private Brands Succeed With Differentiation

Early this week, Minneapolis based big box retailer Target held its Q4 2018 Target Corp Earnings Call and 2019 Financial Community Meeting in New York City. We had the opportunity to run the “A Bullseye View” interview with Brian Cornell, Target Corporation, Chairman & CEO yesterday, but I wanted to take a deeper dive into the meeting and really see what was said about Private Brand. With more than 1,100 words dedicated to private brand, the meeting is the perfect example of Target’s commitment ...
Tags: Featured, Minneapolis, Wall Street, New York City, Target, Cornell, Branding, Triton, Mark Tritton, Mark J Tritton, Brian Cornell Target Corporation, Private Brand Every

Jonathan Ward on Designing Without Corporate Interference, and Where Icon Could Go

In design school, we're taught that our greatest struggles will be design-based: Find the form. Improve the function. Source the best materials. Figure out the manufacturability. But spend a few years working in industrial design, and you'll often find those aren't the greatest struggles at all. Your greatest challenge is named Dennis and he's an uncooperative engineer. Or Nancy in Marketing, Greg from Accounting, Susan in Operations, The Client. A lot of times it seems like designers are t...
Tags: Design, Wall Street, Nancy, Dennis, Object Culture, Susan, Ward, Greg, McKinney, Steelcase, Horween, Voltron, Jonathan Ward, Andrew Morrison, Bruce Hannah

Steering Lyft’s IPO: What Investors Will Weigh During the Roadshow

Much has been said about Lyft’s early lead over Uber in the “horserace” to become the first ride-hailing app company to go public. But now that San Francisco-based Lyft has filed its 276-page IPO prospectus with the U.S. Securities and Exchange Commission, potential investors can focus on much more detailed considerations as they decide whether to make bets on the smaller of the two U.S. ride-hailing leaders. Lyft’s IPO roadshow, during which it will make pitches to stock market investors and a...
Tags: Google, Startups, Mobile, Facebook, Lyft, Uber, Entrepreneurship, Wall Street, Funding, San Francisco, Trends, Tech, Regulations, IPOs, Vc, Software

New Zillow CEO saw iBuying as ‘existential threat,’ envisions changes to agent ad model

Zillow dove into iBuying after seeing it as an "existential threat," the company's newly reinstalled CEO said this week, and he anticipates major changes to its current practice of charging agents for a subscription to get leads.
Tags: Technology, Wall Street, Analysis, Radio, Agent, Zillow, Industry News, Rich Barton, Opendoor, iBuyer, Zillow Offers, Buyers Tools

Abercrombie & Fitch sees 2019 sales above expectations, shares jump 11 percent

Abercrombie & Fitch forecast full-year sales growth above Wall Street expectations on Wednesday, betting on its move to rebrand its stores to suit the tastes of young shoppers, sending its shares up nearly 11 percent.
Tags: Money, Wall Street, businessNews, Abercrombie Fitch, Abercrombie, Fitch

Holiday sales boost Target forecasts, shares jump

Target Corp forecast 2019 profit above Wall Street estimates on Tuesday as strong online sales and higher footfall at stores drove better-than-expected holiday sales, sending its shares up 6 percent.
Tags: Money, Wall Street, businessNews, Target Corp

Tuesday round-up

Yesterday the court released orders from Friday’s conference, adding a patent case to its docket for next term and declining to review two related cases involving public funding of religious institutions. Amy Howe covers the order list for this blog, in a post that first appeared at Howe on the Court. At Jurist, Erin McCarthy Holliday covers the patent case, Iancu v. NantKwest, which asks whether a federal law allowing a patent applicant to seek review of a patent denial in district court but re...
Tags: Supreme Court, Law, Washington Post, Wall Street, Court, Bloomberg, Ap, Cnn, House, New York Times, New Jersey, Ruth Bader Ginsburg, Los Angeles Times, Round-up, Thomas, Copyright Office

World shares mixed as China targets 6-6.5 pct growth in 2019

BANGKOK (AP) — World shares were mixed Tuesday after an overnight sell-off on Wall Street, with European benchmarks opening higher. But markets in China gained after the government set a 6-6.5 percent growth target for this year, suggesting strong government support for the economy. Germany’s DAX gained 0.2 percent to 11,618.33 while the CAC 40 […]
Tags: Business, News, Wall Street, China, Germany, Ap, Nation, Dax, Bangkok

Opinion analysis: A copyright owner can’t sue for infringement before the Register has processed its copyright registration application

In Fourth Estate Public Benefit Corporation v., a unanimous court held today that although the copyright statute confers exclusive rights upon the author of a work as soon as the work is created, a copyright owner may not file an infringement suit until the Register of Copyrights has acted on the owner’s application to register the copyright in the work. The result turned on the meaning of the phrase “registration of the copyright claim has been made” in Section 411(a) of the sta...
Tags: Featured, Supreme Court, Law, Congress, Wall Street, United States, Ruth Bader Ginsburg, Copyright Office, Ginsburg, U S Court of Appeals, Fourth Estate, Merits Cases, Courts of Appeals, Register, Fourth Estate Public Benefit Corporation, Moreover Congress

#Saudi Aramco faces key test of demand in global debt markets | Financial Times

Saudi Aramco faces key test of demand in global debt markets | Financial Times:Saudi Arabia’s state-owned energy company is preparing to issue a debut bond — a key test of investors’ willingness to do business with the kingdom five months after the murder of journalist, Jamal Khashoggi.Plans to offer shares in Saudi Aramco, billed as the biggest initial public offering in history, were put on ice last year because of concerns over valuation and litigation risks. Now the kingdom is turning to the...
Tags: Travel, Saudi Arabia, Wall Street, ExxonMobil, Financial Times, Saudi Aramco, Rupert Neil Bumfrey, Khashoggi, Jamal Khashoggi

Tesla has slashed the prices of the Model S and Model X by as much as $18,000 (TSLA)

Tesla has slashed the prices of all its vehicles: the Model 3, Model S and Model X. The Model 3 will now start at $35,000, the company said in a blog post on Thursday.  The Model S and X also got price cuts.  All of Tesla's three models got a price cut on Thursday.  The announcement of new discounts came amid the guidance that Tesla may not be profitable in the first quarter, as well as shifting to online-only sales and closing most of its 378 retail stores. "Shifting all sales online, combi...
Tags: Facebook, Elon Musk, Wall Street, US, Trends, Tesla, TSLA