Market News
3 Well-Financed Startups Aspire To Displace Splunk
Forbes - 15 Aug 2018 22:07
Splunk's market capitalization of $15 billion values it at nearly 12 times sales. It targets a $4.5 billion market and is growing at over 30%. But three well-financed startups say they're eating Splunk's lunch. Will that...
Trade War Update: China May Have Shot Self In Foot
Forbes - 15 Aug 2018 15:47Good Isn't Good Enough at Macy's
Wall Street Journal - 15 Aug 2018 22:45
The department store has solid earnings and raises guidance, but that isn't enough for investors after a big stock run.
Warren Buffett Buys Airlines, Goldman Sachs In 2nd Quarter
Forbes - 15 Aug 2018 21:18
Oracle releases portfolio update that shows more Apple was purchased as well
Uber's revenue and bookings growth slowed slightly in the second quarter of 2018, company reports
CNBC - 15 Aug 2018 21:00
Uber told CNBC it had gross bookings of $12 billion in Q2, up 41 percent since the same quarter last year, and net revenue of $2.7 billion, up 51 percent year-over-year. Those growth rates are slower than they were in Q1...
Turkey's President Erdogan Playing Chicken With Investors
Forbes - 15 Aug 2018 20:50
Turkey's Erdogan has refused to tackle the root causes of the current crises which suggests Turkish assets including the currency will continue to sell of.
Tech, not Turkey, proves catalyst behind global sell-off
livemint.com - 15 Aug 2018 20:32
US tech heavyweights have remained relatively isolated from the woes of their Chinese counterparts
Firms log sharpest profit growth in 9 quarters in Q1
livemint.com - 15 Aug 2018 19:54
Earnings still fail to meet Street expectations on costlier raw materials, weaker rupee
Acquisition Ascensions For CVS Health
Forbes - 15 Aug 2018 18:35
Company keeps sight on Aetna for continued evolution
Who Can Save Brazil's Lousy Economy?
Forbes - 15 Aug 2018 18:00Investors pump ₹10,585 crore into equity mutual funds in July
livemint.com - 15 Aug 2018 17:50What To Expect As China Telecom Publishes Its First-Half Earnings
Forbes - 15 Aug 2018 17:41Is Pot Stock Tilray Inc. Overvalued?
Forbes - 15 Aug 2018 17:21Goldman's Equity Trading Revenue Fell Behind JPMorgan In Q2, And It May Not Be A One-Off Event
Forbes - 15 Aug 2018 16:58Earnings Preview: What To Expect From Walmart On Thursday
Forbes - 15 Aug 2018 16:52
Walmart is expected to report earnings of $1.21/share on $125.72 billion in revenue. Meanwhile, the so-called Whisper number is $1.23. The Whisper number is the Street's unofficial view on earnings.
Earnings Preview: What To Expect From Nvidia On Thursday
Forbes - 15 Aug 2018 16:47
Nvidia is expected to earn $1.64/share on $3.11 billion in revenue. Meanwhile, the so-called Whisper number is $1.80.
Tuesday Rally Short-Lived as Trade Tensions and Weakness in Turkey Re-Emerge
Forbes - 15 Aug 2018 16:32
Keep an eye on volatility, which jumped again early Wednesday after declining Tuesday. This could make for some choppy trading, so investors might want to consider being extra careful.
Finding The Awe In Awesome: Building Our Capacity For Renewal
Forbes - 15 Aug 2018 16:27
A growing body of research finds that experiences of awe are self-renewing, enabling us to tap into hidden resources and live more fulfilling lives.
Here's The Best Time To Buy A Car
Forbes - 15 Aug 2018 14:32Chinese Sportswear Billionaire Reports First-Half Profit Jump
Forbes - 15 Aug 2018 13:30
China's largest supplier of sportswear beat analysts' expectations with a strong earnings performance in the first half of the year.
Bitmain, world's biggest cryptocurrency mining chips producer, plans $3 billion IPO
livemint.com - 15 Aug 2018 13:18Macy's shares tumble as department store struggles to grow sales
CNBC - 15 Aug 2018 13:12
Macy's is still struggling to grow sales as foot traffic dwindles at traditional shopping malls and retailers must compete with Amazon's burgeoning e-commerce platform.