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Wall Street
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1.1KEarningsTwitter 1Q Delivers 69 Pct Growth In Ad Engagements
Twitter’s revenue growth continued in the first quarter of 2018, with its investments in personalized content and video advertising helping the social...
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1.0KMarketsMicrosoft Catches Up To Amazon In Market Value
Apple remains the largest company in the world, but the battle is on for No. 2, as Microsoft has rallied to be...
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1.8KEarningsBank Of America Beats 1Q Estimates, Mobile Makes Double-Digit Gains
Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift...
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2.3KEarningsCitigroup Sees 1Q Surge In Mobile Banking, Beating Expectations
Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced...
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4.4KBankingGoldman Sachs Gearing Up To Enter Commercial Banking Market
Goldman Sachs has hired a senior engineer at JPMorgan to develop cash management tools as it eyes an entrance into the commercial...
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2.1KAmazonJPMorgan Chase Clients Can Now Get Stock Info From Alexa
JPMorgan Chase & Co. has announced a partnership with Amazon that allows its institutional clients to get stock information from Alexa. According...
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3.3KSizzle/FizzleMeal Kits Sizzle, iTunes Cards Fizzle, Tariffs Just Confuse
Who fizzled most this week from the news that a trade war looms, courtesy of the Donald Trump administration? There was the...
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3.7KEarningsEquifax Clears Q4 Earnings Bar Despite More Bad News
Equifax released earnings late Thursday, the same day that it said 2.4 million more individuals in the US fell victim to the...
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4.1KMobile ApplicationsContrary To Kylie Jenner, Snapchat Is Doing Just Fine After Redesign
Wall Street doesn’t seem to care what Kylie Jenner thinks. Despite Jenner’s – and many users’ –criticism of its redesign, Snap shares...
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2.4KRetailWalmart Disappoints Investors With eCommerce Growth Slowdown
Walmart stock is taking its roughest hits in two years after turning in an earnings performance investors found disappointing, according to Bloomberg....
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3.2KRetailHow Home Depot’s Hedging Against A Downturn With Digital
While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly...
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2.0KRetailSears’ Sales Slide, But It Predicts A Profit
Sears offered another rather depressing earnings report but says recent restructuring of the U.S. tax code will help it post a profit...
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4.3KEarningsFirst Data Sees Green In Clover And ISVs
First Data reported results on Monday (Feb. 12) that met Street expectations on the continued turnaround in its ISV business, and traction...
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2.4KEarningsWeak Sales Depress Dunkin’ Earnings
Dunkin’ Donuts’ stock was down more than 3 percent after earnings were announced, despite better-than-expected Q4 results, according to news on Tuesday...
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3.5KBitcoinBitcoin Slides Again As Banks Curb Buying
And the hits keep coming … to bitcoin’s price. The cryptocurrency’s value was down more than 7 percent on Monday (Feb. 5)...
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2.5KBank RegulationWells Shares Nosedive As Profit Forecasts Fall
Shares of Wells Fargo skidded Monday (Feb. 5) in the wake of news that the Federal Reserve is taking action against the...
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4.4KEarningsMastercard Tops 20174Q Views on Robust Cross-Border Transactions
Absent the same impact U.S. tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. 1) that...
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3.9KEarningsMemory And Mining Chips Send Samsung Soaring
It was a solid earnings report for Samsung in the fourth quarter of 2017, as earnings surged due to strong sales of...
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3.1KBlockchainIBM’s Revenue Is Up For The First Time In Five Years
IBM has broken the streak: After 22 consecutive quarters of falling annual sales growth, IBM is finally showing some signs of bouncing back....
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3.0KEarningsChase Beats, Wells Fargo Doesn’t Meet (Earnings)
The kickoff to earnings season usually has two firms reporting on the same day — JPMorgan and Wells Fargo — and the stories diverge...
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2.9KRetailDomino’s To Grab Bigger Slice Of Retail Food Pie?
Is Domino’s among the stocks on Wall Street worth sinking one’s teeth into? Credit Suisse thinks so. The sell-side firm upgraded its rating...
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11.1KBitcoinHappy Ninth, Bitcoin, And Now What?
Traditional ninth anniversary gifts are pottery and willow. But what do you get the cryptocurrency that seemingly has everything? Perhaps the two...
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2.4KRetailDepartment Stores Start 2018 With A Bang On Wall Street
So far, so good for department stores in 2017: Early holiday sales results have spurred enthusiasm on Wall Street, which has turned...
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3.1KBitcoinBitcoin Recoups Losses In Tuesday Trading
After suffering from a steep sell-off in trading late last week, cryptocurrency bitcoin was able to recoup some of its losses, trading...
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6.5KBitcoinBitcoin Tanks, Capping Volatile Trading Week
Bitcoin’s value plunged at the end of a volatile cryptocurrency trading week, with the price falling under $11,000 for a brief time,...
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3.2KIPOStitch Fix Investors Fear The “Blue Apron Flu”
Stitch Fix had a tough day, with its first earnings report after its IPO sending its shares went into a tailspin. According...
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3.1KBlockchainBlockchain Boosts Longfin Shares From $5 To $126 In A Week
Longfin, a small startup focused on financial tech, has seen its stock price skyrocket since it started trading last week. According to...
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3.5KIPOChinese FinTech IPOs Don’t Dazzle Wall Street
Newly listed Chinese FinTech companies in the U.S. are struggling on Wall Street, leaving investors with unexpected losses and posing as a...
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6.3KBitcoinBitcoin Reaches ‘Mania’ Phase As People Take Out Loans To Fund Token Purchases
Joseph Borg, president of the North American Securities Administrators Association warned on Tuesday (Dec. 12) that bitcoin has entered the “mania” phase,...
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6.4KNewsCoinFi Aims To Smooth Crypto Swings With New Tools
If it’s Friday, it must be the end of a wild week in the Wild West, where winded traders’ wondrous winnings are...
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2.4KInvestmentsAmid The Good (Stock Market) Cheer, Clouds Gather?
Nine years is a long time for anything to run — a TV show, your car, a bowling league — especially so the...
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3.1KRetailSteam Just Says No To Bitcoin
Bitcoin (as of the time this article was written) was valued at more than $16,000 per unit, so perhaps there is no...
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5.1KBitcoinAs Bitcoin Bubbles, Cassandra’s Chorus
What do you get when a group of esteemed observers and participants in the financial system — among them Nobel laureates and billionaires...
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3.4KInvestmentsFroth Flecks Tech And Beyond In Markets
Froth. Not just on your cappuccino. In your portfolio. At the very moment the period is being put on the end of...
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2.1KEarningsKroger Beats The Street On Strong Discounting
Kroger is forecasting some good news for the final quarter of the year — on top of announcing a better-than-expected earnings report for Q3...
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3.1KFintech InvestmentsStock Market Takes To Banks, Retreats From Tech
Merely a rotation – or something more? The tech-heavy NASDAQ slipped in its biggest single-day drop in more than three months on...
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6.0KBitcoinNew York Fed President Not Feeling The Bitcoin Giddiness
Bitcoin may be trading close to $10,000 after starting the year around $1,000, but Federal Reserve Bank of New York President William...
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2.0KSizzle/FizzleWalmart’s Nimble Footed Sizzle, Digital Watches And Wall Street’s Watch Big Retail Fizzle
A 40 percent stock gain might be enough to garner a sizzle in any week, but Walmart has been firing on cylinders...
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3.0KInvestmentsWalmart CEO Says Turnaround Giving Them (Wall) Street Cred
Walmart CEO Doug McMillon said the company’s turnaround, which was aimed at pushing back against Amazon’s dominance, is finally starting to resonate...
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2.1KRetailDollar Tree Snags An Earnings Beat
The largest dollar store chain operator in the U.S., Dollar Tree, has reported solid 3Q earnings that came in ahead of analyst...
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4.6KRetailInvestors Short Big Retail
Among the many headwinds U.S. department stores are facing that make the possibility of a Merry Christmas seem unlikely, a new one...
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3.5KEarningsGap’s Turnaround Effort Shows Some Signs Of Success
It’s probably a bit premature to say that the Gap is back, but its latest earnings results give at least some indication...
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2.5KEarningsBest Buy Blames Earnings Miss On The iPhone X
Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below...
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2.6KRetailDeal Or No Deal? Mattel Snubs Hasbro Offer
If you thought Jim and Pam on “The Office” took forever to get together, you’ve clearly never followed the decades-long mating dance...
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5.3KEarningsDigital Posts Double Digits in Target’s 3Q, But Holiday Forecast Hits Shares
Target's results showed same store sales growth, top and bottom lines that edged analyst estimates and growth in digital sales that showed...
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2.5KIPOBlue Apron’s Market Cap Cut By Two-Thirds
In Wall Street parlance, a busted initial public offering (IPO) is one that trades below the initial price afforded right out of...
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2.8KBlockchainAnalyst Says Overstock Should Ditch Retail To Focus On Blockchain
Overstock got its price target lifted last week after the company indicated that it could sell the home eCommerce unit to focus...
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3.8KRegulationChina Moves To Expand Financial Center Access
Call it the “opening of China,” redux. China has taken, what The Wall Street Journal termed, “a major step” in boosting global access...
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3.4KEarningsNordstrom Beats, But Rack Disappoints
It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on...
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3.0KEarningsA Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s
Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took...
