An attendee uses his smartphone to record a facial-recognition demonstration on himself at the Beijing Megvii booth at the MWC Shanghai exhibition in Shanghai, China, on June 27, 2019. Qilai Shen | Bloomberg | Getty Images President Donald Trump’s move to blacklist Chinese tech companies is threatening to derail what could be the first Chinese
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Tanya Baker is the Global Head of GS Accelerate. Source: Goldman Sachs Goldman Sachs, famed adviser to Silicon Valley for decades, is turning to what it considers fertile ground for the next billion dollar business: its own employees. Earlier this year, 500 teams of workers pitched the bank on potential start-ups, according to Tanya Baker,
A trader works on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images It might be time to buy into small-cap stocks even though they are lagging their large-cap counterparts, some strategists say. The Russell 2000 — which tracks small-cap stocks — has dropped more
Traders work on the floor of the New York Stock Exchange (NYSE) on July 17, 2014 in New York City. Spencer Platt | Getty Images News | Getty Images With massive spending on the new streaming platform and the costly integration of Fox, Disney is putting its stock at a vulnerable place in the near-term,
Getty Images Investors, business owners and consumers should be heeding the message that the inverted yield curve is sending, according to the researcher who pioneered the economic forecasting model. Duke University professor Campbell Harvey said people shouldn’t wait for the economic downturn he anticipates before taking preventive measures. “This is the time where you need
There’s a correlation between recent weakness in the stock market — led by certain sectors — and Elizabeth Warren’s surge in the polls, according to some analysts and strategists on Wall Street. One banking analyst, Oppenheimer’s Chris Kotowski, went so far as to title his latest research note “The Warren Correction,” where he pointed out
People carry retail shopping bags during Black Friday events on November 25, 2016 in New York City. Getty Images One major cluster of data shows the U.S. economy is doing well despite concerns of a potential recession. The hard data, which refers to actual numbers about the economy such as unemployment and retail sales, continue
A worker looks at the 9HA Gas Turbine, at the General Electric plant in Belfort, France. Frederick Florin | AFP | Getty Images General Electric‘s announcement that it is freezing pension plans for about 20,000 U.S. employees is part of the company’s “next steps in the balance sheet unwind,” J.P. Morgan analyst Stephen Tusa wrote
Charles Schwab, chairman of Charles Schwab Corp., speaks in Chicago, Illinois, on Wednesday, Nov. 20, 2013. Daniel Acker | Bloomberg | Getty Images This is a breaking news story. Please check back for updates. Charles Schwab said the broker’s latest move to zero commissions was a long-time goal to deliver to investors. “It was sort
The Wendy’s Co. logo is seen on a cup displayed for a photograph at a restaurant location in Daly City, California. David Paul Morris | Bloomberg | Getty Images Many investors may be concentrating on some of Wall Street’s biggest companies but analysts told clients this week not to overlook these other compelling stocks. CNBC
Google CEO Sundar Pichai testifies before U.S. House of Representatives Judiciary Committee during a hearing “Transparency & Accountability: Examining Google and its Data Collection, Use and Filtering Practices” on Capitol Hill in Washington D.C., the United States, on Dec. 11, 2018. Liu Jie | Xinhua News Agency | Getty Images FANG became FANG out of
For months now, we’ve been repeating the refrain “the consumer is strong, the consumer represents two thirds of GDP, the consumer will keep the economy growing” until it is the last thing we utter at night and the first words out of our mouth in the morning. The stock market has been a believer. As
A person smokes a Juul Labs e-cigarette in this arranged photograph taken in the Brooklyn, New York. Gabby Jones | Bloomberg | Getty Images A hedge fund that owns equity in Juul Labs reportedly slashed the value of its stake by more than a third to a price that values the e-cigarette maker at $24
Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan. Tomohiro Ohsumi/Getty Images Wall Street isn’t expecting blowout earnings for Apple, which could be the best thing for the stock, according to Citi. The firm said
The inside of one of Five Below’s existing locations. Five Below Here are the biggest calls on Wall Street on Friday: William Blair initiated Five Below as ‘outperform’ William Blair initiated Five Below and said it thinks the discount retailer offers a “fun, differentiated” shopping experience for kids, teens, and their parents. “The stores feature
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE) on August 6, 2019. Drew Angerer | Getty Images As volatility erupted everywhere amid fears of a recession, Goldman Sachs is advising clients to stick with stocks with stable earnings growth. The bank added a new
Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images The market is in a slow melt-up mode on Friday. There was a volume spike at 11:30 a.m. as European markets closed and as the S&P 500 passed the earlier highs of the day at 10:00 a.m. ET, a
Employees use hand tools to assemble components of a LEAP jet engine at the General Electric Aviation plant in Lafayette, Indiana, July 19, 2019. Luke Sharrett | Bloomberg | Getty Images The top analyst on General Electric sounded the alarm on Friday, in a warning to shareholders that one of the struggling conglomerate’s key businesses
Brand new Tesla motors electric cars, including the Tesla Model 3 on a car carrier truck awaiting delivery near the company’s headquarters and factory in the Silicon Valley, Fremont, California, July 28, 2018. Smith Collection/Gado | Archive Photos | Getty Images Tesla’s third-quarter deliveries miss may reveal a more worrying trend, according to JMP Securities. “The delivery data
I came across this in my Instagram feed yesterday and I had two thoughts… The first thing is, awww man, I love Shark Tank. My kids do too. Why does this dude have to be doing this? And then I thought about how if a regulated investment company or advisor had posted this ad, it