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Snapchat offers brands chance to advertise around moments
Snapchat is to allow brands to advertise around moments, not just locations, as introduces snapcodes to its sponsored geofilters
New Look is the first brand to buy a geofilter and snapcode. Snapcodes usually unlock a friend’s account but they can now be used to unlock a brand’s geofilter.The fashion brand will promote the snapcode in all its UK stores with physical displays. Customers can access it by pointing their Snapchat camera at the snapcode, then tapping the screen -
Snapchat lets brands advertise around moments
Snapchat is to allow brands to advertise around moments, not just locations, as it introduces snapcodes to its sponsored geofilters.
New Look is the first brand to buy a geofilter and snapcode, something it will push in its AngelsxRobots campaign.
Snapcodes usually unlock a friend’s account but they can now be used to unlock a brand’s geofilter.
The fashion brand will promote the snapcode in all its UK stores with physical displays. Customers can access it by pointing thei -
California just legalized marijuana, and it's going to have a huge impact on the economy
California is the world's sixth largest economy, only outpaced by the US (as a whole), China, Japan, Germany, and the UK. The Golden State's economic output for 2015 came in at $2.46 trillion.
Let's be clear: We're talking about a single US state economy compared with those of entire countries. California, on that scale, is number six.
And that's why it's such a tremendously big deal that California just fully legalized marijuana, just like Colorado, Washington, Oregon, and Alaska be -
It's Goldman Sachs partner day — here's what it means to make the cut (GS)
Life is about to change for a whole bunch of Goldman Sachs employees.
The firm on Wednesday will announce its new class of partners, one of the most highly coveted titles on Wall Street.
The list will likely be short, with just 78 individuals making the grade last time around in 2014. And the make-up of the list will likely hint at the future direction of Goldman Sachs' business.
Those who get called up are given a comfortable raise and a solid chunk of the bonus pool. -
Gun stocks are plummeting after Trump's victory (SWHC, RGR)
Gun stocks plunged in early trading on Wednesday after Donald Trump won the US presidential election.
Smith & Wesson fell 16%, while Sturm Ruger shares plunged by as much as 12%, the largest drop since February 2014.
Gun control was one of the hot-button topics of the election campaign after several violent shootings brought the issue to the forefront.
Gun stocks gained after recent mass shootings raised concern that firearms may be harder to get if tougher controls are put in pla -
Treasurys stage a massive reversal (TLT, TBT)
Treasurys have seen a massive reversal following the news that Donald Trump has been elected President of the United States.
Aggressive buying pushed yields down as much as 17 bps in the belly of the curve after Trump won the key battleground state of Florida, North Carolina, and Ohio.
However, once it was clear that Trump was indeed victorious, vicious selling took hold in longer maturities, running yields back up into positive territory.
Here's a look at the scoreboard as of 9:4 -
Private prison stocks are soaring after Donald Trump's election (CXW, GEO)
Stocks of private prison companies are soaring the morning after the election of Donald Trump as the next US president.
Corrections Corporations of America was up close to 40% as of 9:49 a.m. ET.
GEO Group, another prison provider, was up around 20%.
President Barack Obama and the Department of Justice announced in August that the federal government would stop using private facilities.
Hillary Clinton, Trump's Democratic opponent, supported those measures as well.
"The for-pr -
Gold is cooling off after the election of Donald Trump
Gold is giving back some of its largest gains after the presidential election seems to have come out with a victory for Republican Donald Trump.
The precious metal is up just over $31 an ounce as of 8:30 a.m. ET at $1,305 an ounce. This is well off the high of roughly $1,334 an ounce at roughly 12:00 a.m. ET, but is still the highest level for gold since early October.
Gold is generally seen as a safe haven for investors during uncertain market events, so while the price has -
Drug company stocks are soaring (MRK, PFE, AMGN, JNJ, AGN, ABBV, SNY, NVS, AZN, GSK, IBB)
Drug stocks are soaring Wednesday, after Democratic presidential candidate Hillary Clinton, who had outlined plans to to curb drug price increases was defeated by Republican Donald Trump.
Biotech investors had been skittish about what a Clinton presidency would mean, and she often sent drugmakers' stocks falling with her comments. Trump has been less focused on the issue of drug pricing, though he has suggested the US import cheaper drugs and called for Medicare to be able to -
The US Election: Is this Brexit mark 2?
The UK woke up to the news this morning that Republican candidate Donald Trump had beaten Hillary Clinton to become the 45th President of the US.
The result was met with surprise in many quarters. Polls had suggested Clinton held a significant lead and that Trump would have to pull off a huge surprise to get in. In reality he easily got to the 270 electoral college votes required to move to the White House, despite losing to Clinton in the popular vote.
The markets dropped in response to t -
Tesla is slumping (TSLA)
On Wednesday, Tesla shares opened down 4%, falling to $186 in early trading then morning after Donald Trump won the 2016 presidential election.
Automaker stocks were all down on Wednesday, but Tesla was getting the worst of it.
Join the conversation about this story »NOW WATCH: This $5 billion factory is the key to Tesla’s future — and it’s in the middle of the desert -
Deliveroo to double data scientists in growth push
On-demand food delivery app Deliveroo is looking to expand the number of data scientists working at its London headquarters from 150 to 300 as it scales for international growth.Speaking at Web Summit in Lisbon today (9 November), CEO and co-founder William Shu explained he is searching for individuals with skills in building algorithms as he looks to expand beyond 100 cities and 16,000 restaurants globally.“One thing about Deliveroo is every time I wake up the market is much bigger than -
Deliveroo to double data scientists in global growth push
On-demand food delivery app Deliveroo is looking to expand the number of data scientists working at its London headquarters from 150 to 300 as it scales for international growth.Speaking at Web Summit in Lisbon today (9 November), CEO and co-founder William Shu explained he is searching for individuals with skills in building algorithms as he looks to expand beyond 100 cities and 16,000 restaurants globally.“One thing about Deliveroo is every time I wake up the market is much bigger than -
Secret Marketer: Our biases cause us to be bad marketers
Whenever we try to figure out a future outcome – like ‘will this new product work when I launch it in the market?’ – marketers enter a minefield. If it’s a success, do we readily convince ourselves that we understood this was going to happen, that our sheer greatness as a marketer was the reason and that we were in control? If it fails, do we comfort ourselves with the reality that the marketplace is filled with random and interrelated variables, external factors a -
'I expect to make money today — though it will be one of the most bittersweet up days in my memory'
Donald Trump's election win has shocked some hedge funders – even those who are set to make major money off the news.
"I expect to make money today – though it will be one of the most bittersweet up days in my memory," said Josh Packwood of New York-based Lucus Advisors.
Many hedge funders that Business Insider spoke with prior to the Tuesday vote expected Hillary Clinton to take the presidency. Many had priced that victory into their models.
In the early morning as a Trump -
Wall Street's biggest bull slashes his year-end target for stocks after Trump's win (SPY, SPX)
Fundstrat Co-founder and Strategist Tom Lee cut his year-end target for the S&P 500 after Donald Trump's surprising election win.
In a note on Wednesday, Lee, an enduring equity bull, said he lowered his target to 2,225 from 2,325. His prior target was the most bullish among equity strategists at major firms.
"We are reducing our S&P 500 YE target by 100 points to 2225 from 2325, reflecting the outcome of the election," Lee wrote to clients. "The change in YE target is a reduction to 0.7 -
Obamacare stocks are getting slammed as the future of the law is in question (THC, HCA, UHS, AET, LPT, UNH)
Health services providers that have benefitted from the Affordable Care Act (ACA) are getting rocked in pre-market trading after the presumed election of Donald Trump as the next president of the the US.
The ACA has benefitted health care services and hospital companies as more than 20 million American have gained health insurance.
The thinking is that higher use of health care facilities and fewer losses from uninsured patients would be beneficial to these firms.
Now, with Trump elected an -
Stocks open flat for trading after Trump win (SPY, SPX, DJI, IXIC)
The Dow Jones Industrial Average opened slightly higher on Wednesday following a chaotic night in markets that ended with a surprise victory for Donald Trump in the US presidential election.
Here are some of the sectors making notable moves:
Drug stocks are soaring. Democratic presidential candidate Hillary Clinton had outlined plans to to curb drug price increases. The iShares Nasdaq Biotech Exchange Traded Fund (ETF), which tracks biotech stocks, jumped 7%.
Private-prison stocks soar -
One word is on the lips of just about every Wall Streeter right now
And then there was (relative) calm.
Donald Trump won the US election in a dramatic upset that confounded the polls and sent markets reeling. Volumes in the futures market surged.
Markets then bounced back, as the world digested the news and Trump's conciliatory victory speech. VIX futures, or bets on the so-called Fear Index, subsided after jumping as the election results turned toward Trump.
"I was hoping the market would be some kind of chaotic arena but it's li -
Donald Trump's election has Wall Street questioning the future of the Federal Reserve
As Wall Street grapples with the election of Donald Trump as the next US president, it appears the order of the day is uncertainty.
Among the myriad uncertain consequences of Trump's election is the real possibility of a major shake-up at the Federal Reserve.
Jefferies economist Sean Darby said that in terms of possible problems for the economy going forward the "main risk is monetary policy uncertainty."
The most striking uncertainty for some analysts is the political independence of the Fed &m -
'Volumes are monstrous:' Here's a quick guide to what traders are talking about right now
Dave Lutz, head of Exchange Traded Funds at JonesTrading, has a quick overview of what traders are talking about on Wednesday.
Obviously, it's one thing: Donald Trump's shocking election win.
However, investors are shifting focus to how President Trump's infrastructure spending and tax-cut plans would be friendly to Wall Street. That's slowing the panic buying into Treasuries. Stock futures are also above their worst levels of the night.
Here's Lutz:
Good Morning! Not only did Trump Win, bu -
The Mexican peso is still getting slammed
The Mexican peso has recovered some of its losses, but remains significantly weaker.
The currency is down by 8.4% at 19.8609 per dollar as of 7:11 a.m. ET. Earlier on Tuesday night, it dropped by over 13% as president-elect Donald Trump took control of key battle states.
The Bank of Mexico announced early Wednesday that it will hold a news conference later in the day. Some economists think the bank may hike rates by 75-150 basis points amid the peso's turmoil.
The p -
Russell Parsons: Loyalty requires an impeccable experience year after year
History is a powerful thing for brands. For those reaching for distinction, heritage and provenance can create stand-out in commoditised markets. For many, however, the past is not a friend. Ryanair is one of those that is hampered by its history. The carrier’s move in 2014 to be a warmer, friendlier proposition – as opposed to the operationally supreme but unloved upstart it had been – has shifted brand perception but it hasn’t wiped all memories of its past.
Despite ha -
No one knows anything
The United States was not supposed to elect Donald Trump president.
For weeks, despite volatile poll numbers, the conventional wisdom held that once Americans went into polling places they would choose the perceived rational option: play it safe and vote for Hillary Clinton.
On Tuesday, US voters handed conventional wisdom a dose of reality about the global order.
If those words sound familiar, it's because they're a near-carbon copy of what I wrote after the United Kingdom's stu -
The Great & The Good: Sales development representative
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Graduate Sales role - Global Technology Company - London - £24,000 + bonus
London -
10 things you need to know today (SPY, SPX, QQQ, DIA, GLD, TLT, TBT)
Here is what you need to know.
Donald Trump wins. Trump overcame substantial odds to pull off what may be the greatest political upset in history. Trump leads the Electoral College by 289 to 218 (270 needed to win) with three states still undeclared. At the moment, Democratic nominee Hillary Clinton holds a razor-thin lead in the popular vote.
HSBC says a US recession is coming. Kevin Logan, the bank's chief US economist, says that Trump's tax cuts might help in the short run but that "the combi -
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, GLD, TLT, TBT)
Here is what you need to know.
Donald Trump wins. Trump overcame substantial odds to pull off what may be the greatest political upset in history. Trump leads the Electoral College by 289 to 218 (270 needed to win) with three states still undeclared. At the moment, Democratic nominee Hillary Clinton holds a razor-thin lead in the popular vote.
HSBC says a US recession is coming. Kevin Logan, the bank's chief US economist, says that Trump's tax cuts might help in the short run but that "the combi -
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Mars Chocolate UK: UK Market Planner
£44-55,000 + excellent benefits package :Mars Chocolate UK:
A mission-critical planning role with this global leader. Make it all Mean More at Mars!
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Treasurys stage a massive reversal
The US Treasury has seen a massive reversal following the news that Donald Trump has been elected President of the United States.
Aggressive buying pushed yields down as much as 17 bps in the belly of the curve after Trump won the key battleground state of Florida, North Carolina, and Ohio.
However, once it was clear that Trump was indeed victorious, viscous selling took hold in longer dated yields, running them back up into positive territory. The 10-year yield topped out at 1.96 -
Reader's Digest: Head of Digital Advertising Sales
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Reader’s Digest seeks an innovative and energetic Head of Digital Advertising Sales with proven experience of generating digital revenues.
Central London/ Regent Street -
Markets are cratering as Trump closes in on the presidency (SPY, SPX, DJI, IXIC, GLD, GLX, MXN, USD)
Financial markets cratered Tuesday as Donald Trump moved toward a massive upset victory in the US presidential election, one he eventually secured earlier Wednesday morning.US and European stock futures and benchmarks in Asia are sliding, and the Mexican peso has crashed. Safe havens including US Treasurys are rallying, meanwhile.
The way investors see it, Trump and his economic positions are less predictable than Hillary Clinton's and do not always follow Republican par -
IAN BREMMER: A Trump win makes the US a big loser internationally
We spoke to Eurasia Group president Ian Bremmer as the election results were coming in. We asked him who the big winners and losers are if Trump wins the election.Join the conversation about this story » -
Gold is skyrocketing as Donald Trump closes in on the US presidency
Gold is taking off as the results from the presidential election show the strong possibility that Donald Trump will be the next president of the US.
The precious metal is up just over $52 an ounce as of 12:42 a.m. ET at $1,326 an ounce. This is the highest price for the safe haven since late September.
A falling gold price would indicate that investors are pricing in a probable victory for Democratic nominee Hillary Clinton. The thinking going that investors would head t -
'A TERRIFYING NIGHT': Paul Krugman goes on epic tweetstorm
Nobel Memorial Prize-winning economist and New York Times columnist Paul Krugman went on an epic tweetstorm of dismay as election results came in on Tuesday night and it became more likely that Republican nominee Donald Trump would be the next president of the US.
"I don't know about other people, but I'm not wailing or turning to drink; I just feel numb," Krugman tweeted. "You know that life as we know it may soon be changed beyond recognition, but it's hard to grasp, and right now there doesn' -
Stock futures are plunging (SPY, SPX, DJI, IXIC)
US stock futures plunged as election results gave Donald Trump an unexpected edge.
Both Nasdaq and S&P 500 futures hit a limit-down, or the maximum amount by which they're permitted to fall before trading restraints kick in. They will be halted until the market opens on Wednesday.
At 12:07 a.m. ET, Dow futures are down 813 points, or 4.48%. If this plunge holds, it sets the market up for an ugly start to trading on Wednesday.
Craig Erlam, senior market analyst -
Mexican peso crashes to record low
The Mexican peso is crashing on Tuesday as polling data from the US presidential election crosses the wires.
The currency was down by about 13.0% at 20.6879 per dollar around 11:50 p.m. ET, around lows for the day.
Earlier, before election results started rolling out, the currency closed the day up by about 1.3% against the dollar.
Alabama, Kentucky, Indiana, Texas, North Dakota, South Dakota, Wyoming, Kansas, South Carolina, Oklahoma, Ohio, Tennessee, Mississippi, -
Canada's immigration website just crashed
The Government of Canada's immigration website crashed on Tuesday night as the US election results were rolling in.
The site went down about 10:30 p.m. ET on Tuesday, and there was intermittent accessibility after that.
About 9 ET on Tuesday evening, CNN announced that a number of key states in the election — including Michigan, Ohio, Virginia, and Florida — could all swing in Republican nominee Donald Trump's favor. (Virginia has since been won by Clinton and Florida by Trump.)
The -
DONALD TRUMP IS NOW THE BETTING FAVORITE TO BE THE NEXT US PRESIDENT
Republican nominee Donald Trump is now the betting favorite to win the US presidency, according to the betting market aggregator Election Betting Odds.
Trump is an 95.3% favorite in betting markets, according to Election Betting Odds. This is a huge reversal, with Trump gaining more than 77 percentage points on the day.
The site's estimated electoral map has Trump leading Hillary Clinton in electoral votes by 285 to 253.Additionally, The New York Times' Upshot live updating projection now g -
GoPro is recalling 2,500 of its new Karma drones and the stock is tanking (GPRO)
GoPro announced Tuesday that it would recall about 2,500 units of its recently launched Karma drone.
" We have recalled Karma until we resolve a performance issue related to a loss of power during operation," the company said in a statement released after the market close."We plan to resume shipment of Karma once the issue is addressed."
GoPro shares fell by as much as 7% in extended trading.
The company launched the Karma drone in September amid weak demand for its popular -
Targeting Millennials in Indonesia
JAKARTA: Vice Media, the North American digital media business, is launching a full-scale operation in Indonesia as it seeks to tap into the country's huge population of younger consumers. Half of Indonesia's 249m-strong population is aged between... -
Singles' Day loses some of its gloss
BEIJING: This year's Singles' Day is predicted to break new sales records as it goes global, but Chinese e-shoppers are less interested than before, new research suggests, with younger shoppers in particular less likely to take part.Marketing tech... -
Middle East marketers look to mobile
DUBAI: Marketers across the Middle East have developed mobile marketing strategies and find it easy to buy mobile advertising, but a new study suggests that more work needs to be done on creating mobile-friendly sites and integrating mobile with... -
MasterCard mixes marketing skillsets
ORLANDO, FL: MasterCard, the financial services group, is aiming to draw on the skillsets of both "classical" and "contemporary" marketers as it seeks to engage consumers.Raja Rajamannar, MasterCard's Chief Marketing and Communications Officer,... -
GE invests in audio
BOSTON: Following its successful experiment with podcasting this time last year, industrial conglomerate GE is revisiting the medium with a second season of GE Podcast Theater.The first season – a weekly eight-episode science fiction podcast... -
Ditch the traditional family structure
LONDON: Marketers need to urgently reassess their views of the family unit, which has become more complex and diverse as marriage declines, divorce rates rise, people become parents later and have fewer children. In a Warc Best Practice paper, -
Direct Recruitment: Account Executive
£23-26,000:Direct Recruitment:
Looking for a job where you can really make a difference and in a fun and creative environment, then this is the job for YOU! Apply NOW as this won...
London (Central), London (Greater) -
Amazon private label gains share
SEATTLE, WA: Amazon's move into private label products appears to be paying off as a new analysis finds these competing with category leaders or even becoming the online category leader.Using consumer spending data representing millions of... -
WORLD'S BIGGEST HEDGE FUND: Stock markets around the world will tank if Trump wins
The world's biggest hedge fund thinks stock markets around the world will tank if Donald Trump wins the US presidential election.
Bridgewater Associates expects a 10.4% drop in the US equities market should Trump win the presidency, according to an investor note sent Tuesday obtained by Business Insider.
A Clinton win would boost the market 2.3%, according to the note.
The numbers represent the hedge fund's "updated rough estimates of the likely market action depending on the election
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