Market News
The New York Times stock soars on earnings beat as digital subscriptions surge
CNBC - 8 Feb 2018 16:57
The media company's stock skyrocketed during 2017, even as President Trump labeled the New York Times as "failing."
Most Crypto Coins Are Going to Zero, Says Barry Silbert, Crypto Magnate And Rich List Member
Forbes - 8 Feb 2018 02:47
Barry Silbert, CEO of crypto holding company Digital Currency Group (DCG), surprised an audience full of crypto fans at Yahoo Finance's "All Markets Summit: Crypto" event in New York.
Tesla Can't Defy Gravity Forever
Wall Street Journal - 8 Feb 2018 01:12
Tesla doesn't seem to be getting closer to profitability, even after record fourth-quarter deliveries.
A Closer Look At The Impact Of The Fed's Decision To Curtail Wells Fargo's Growth
Forbes - 8 Feb 2018 22:49
Late last week the Federal Reserve passed an enforcement order against Wells Fargo prohibiting the banking giant from growing any larger until it has satisfactorily resolved all its internal governance issues
News Corp. beats, but CEO says growth held back by 'sometimes dystopian' digital environment
CNBC - 8 Feb 2018 22:34
Rupert Murdoch's media empire owns Dow Jones, HarperCollins and the New York Post, among other properties.
Activision Blizzard jumps after earnings beat
CNBC - 8 Feb 2018 22:33
Activision also said that King, the maker of "Candy Crush," saw year-over-year growth in revenue, beating analyst expectations.
Key Takeaways From IntercontinentalExchange's Q4 Earnings
Forbes - 8 Feb 2018 22:32
After a fairly strong performance through Q3, IntercontinentalExchange reported somewhat mixed results for Q4. Revenue, which grew 4% year-over-year in the first three quarters, saw a 3% decline in Q4.
Reviewing Tesla's Q4 Results, 2018 Outlook
Forbes - 8 Feb 2018 22:15
Tesla published its fourth quarter results on Wednesday, February 7, posting a smaller than expected loss while indicating that the production of its mass-market sedan, the Model 3, remained on track.
Local Ads Continue To Boost Yelp's Results
Forbes - 8 Feb 2018 21:55
Yelp announced its earnings for Q4 and revenues grew by 12% year over year $218 million. Additionally, Adjusted EBITDA was $42 million compared to $45 million in 2016. For the year, net income grew to $142 million, prima...
The ongoing global equity market correction was long overdue: Sanjay Guglani
livemint.com - 8 Feb 2018 21:41
Sanjay Guglani, chief investment officer, Silverdale India Equity Fund, and CEO, Silverdale Capital in Singapore, says the current equity sell-off does not change the global economic outlook
Bitcoin Cash Surges Close To 40% As Market Rebounds
Forbes - 8 Feb 2018 21:25
What caused Bitcoin Cash's sharp rally?
Markets snap 7-day losing streak, but risks remain
livemint.com - 8 Feb 2018 21:04Crypto Watch: Bitcoin Cash (BCH) Price Surges 28% In 8 Hours, With 22% Bull Run In 2 Hours
Forbes - 8 Feb 2018 19:57
Bitcoin Cash (BCH) jumps to $21.8B market cap amid general crypto market consolidation.
Here's How Much More The S&P 500 Has To Fall Before We're In A Bear Market
Forbes - 8 Feb 2018 19:19
The bears can probably hit snooze on their alarm clock. Go back to hibernation. The stock market has a long way to fall before we are in an official bear market.
Investors Are Overpaying for Teva's Turnaround
Wall Street Journal - 8 Feb 2018 18:50
It is possible to imagine a bright future at Teva Pharmaceutical Industries for the first time in quite a while. There is no great need to rush into the stock, however.
What Tech Giant SoftBank Wants With Boring Old Reinsurer
Wall Street Journal - 8 Feb 2018 18:41
The idea of a Japanese tech company spending $10 billion on a stake in a reinsurer sounds crazy, but when you think about Softbank's pursuit of Swiss Re, it starts to make frighteningly good sense.
BlackRock's New Ambition Is a Sign of Froth
Wall Street Journal - 8 Feb 2018 18:38
BlackRock sees an opening in the massive amount of money looking for a home, but that should worry investors.
Twitter Makes Money---Beautiful!
Wall Street Journal - 8 Feb 2018 18:08
Twitter finally solved the Twitter problem. The home of presidential tweet storms and chatty journalists has never been able to turn those rants into profits. On Thursday, it did just that.
Wall Street falls as investors remain on edge
livemint.com - 8 Feb 2018 18:06
The market's main gauge of volatility, the CBOE Volatility Index, fell to 26.18 on Thursday, still more than twice the level it held over the past few months
Teva Pharmaceutical warns on 2018 profits citing US market, Copaxone
CNBC - 8 Feb 2018 17:28
Teva Pharmaceuticals reported a drop in fourth-quarter net profit on Thursday and a weak forecast for 2018 due to the poor state of the US generics market.
Advertising Firms Finally Have Good News to Sell
Wall Street Journal - 8 Feb 2018 17:00
The embattled advertising industry has found some much-needed cheer. Expectations are low enough that even slight improvements can give shareholders a nice boost.
KFC owner beats on earnings, will partner with GrubHub on delivery
CNBC - 8 Feb 2018 16:18
Yum Brands posted a fourth-quarter profit that beat estimates on the back of higher demand for fried chicken at KFC.