Sales & Marketing news

• 'They should be scared, they should feel insecure, they should be unhappy with their government'

  19-11-2016 21:04 via feedproxy.google.com
  
  Many Americans are hurting. They feel left behind by globalization and automation. They feel "scared" and "insecure."
  These have all been recurring themes over the past few weeks, in the run-up to and in the aftermath of the shock election of Donald Trump as president. And in the postelection analysis, it has becoming increasingly clear that the US is more divided than many people had realized.
  With that in mind, we set out to examine the state of the US consumer using recent research from the F
  
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• Why it doesn't make sense for politics to turn against Elon Musk and Tesla (TSLA, SCTY)

  19-11-2016 19:59 via feedproxy.google.com
  
  The Teslarati are worried.
  After a decade of the company and its CEO, Elon Musk, riding a wave of enthusiasm about electric vehicles and the remaking of transportation, the election of Donald Trump as President and complete Republican takeover of Congress, the worry is that EV-friendly policies are on the way out and that Tesla will lose federal support for its business.
  That business will now include solar products and services, after Tesla shareholders voted last week to merge with SolarC
  
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• Tesla is starting to act like a real car company (TSLA)

  19-11-2016 17:10 via feedproxy.google.com
  
  For most of its history, Tesla has been a car company that didn't act like a car company.
  Instead, it acted like a Silicon Valley startup with a futuristic outlook. This was necessary to set it apart, more so than simply designing, engineering, and selling all-electric vehicles could on their own.
  But by 2018, Tesla CEO Elon Musk wants the company to be selling 500,000 cars a year.
  To pull that off, Tesla is going to have to get better at manufacturing — a process that's already underway,
  
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• America's newest stock exchange has made a big Wall Street hire

  19-11-2016 16:58 via feedproxy.google.com
  
  IEX, America's newest stock exchange, calls itself The Investors Exchange. 
  Now, it wants to become the exchange for some of America's biggest companies, too. 
  The exchange group has hired former Merrill Lynch and Morgan Stanley executive Sara Furber as head of listings, and hopes to be ready to host corporate listings by next year. 
  “It’s rare to have a clear, logical opportunity to grow a business and add value for clients by simplifying all of this complexity,&
  
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• Salesforce CEO Marc Benioff brilliantly turns dry earnings calls into funny sales pitches (CRM)

  19-11-2016 16:30 via feedproxy.google.com
  
  Most earnings calls tend to be very dry, with CEOs and CFOs often responding in long, jargon-filled answers.
  But Salesforce CEO Marc Benioff, a master salesman who's capable of turning any conversation into a selling opportunity, seems to have perfected the art of going into sales pitch mode even while talking about stodgy financial results.
  Benioff put this on full display again during Salesforce's third quarter earnings call Thursday when he got into an almost comical, impr
  
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• 'New businesses will be born' — 5 top Silicon Valley dealmakers told us about the biggest trends in the internet business

  19-11-2016 15:32 via feedproxy.google.com
  For many investment bankers, Silicon Valley — not New York City — is the place to be.
  Some of the most exciting deals of the year are coming out of the tech world, like Microsoft's megadeal for LinkedIn and Snapchat's highly anticipated initial public offering.
  Business Insider spoke with five top internet bankers based in the West Coast about where to expect more innovation — and more deal activity — in the coming months and into next year.
  They told us that after a lull
  
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• RAY DALIO: 'We are at one of those major reversals that last a decade'

  19-11-2016 15:04 via feedproxy.google.com
  
  Donald Trump's election marks a long-term turning point for markets, according to Ray Dalio, founder of Bridgewater Associates, the world's biggest hedge fund firm.
  "There is a good chance that we are at one of those major reversals that last a decade," Dalio wrote in a LinkedIn post on Tuesday.
  Here are some excerpts from Dalio's note (emphasis added):
  On similarities with Reaganomics:
  "We believe that we will have a profound president-led ideological shift that is of a magnitude, and in more w
  
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• Nasdaq has crowned one of the most senior women on Wall Street (NDAQ)

  19-11-2016 14:59 via feedproxy.google.com
  
  Nasdaq has a new CEO.
  The exchange group has named Adena Friedman as chief executive, replacing Bob Greifeld, who will become chairman of the board.
  Friedman has long been considered the heir apparent at Nasdaq. Greifeld had the CEO role for 14 years, turning the company in to what he has called a cutting edge technology company. 
  The appointment of Friedman as CEO cements her position as one of the most senior women on Wall Street. It also arrives as Nasdaq and establishment riva
  
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• A $19 billion hedge fund is trying to recruit tech talent with a coding contest

  19-11-2016 14:51 via feedproxy.google.com
  
  A $19 billion UK-based hedge fund just launched a coding contest with cash prizes for young Europeans.
  Man AHL, a quantitative fund within Man Group, launched a contest for EU and Swiss residents who are between ages 16 and 25.
  Here's more info from Man:
  "Entrants will be tasked with writing code using Python, the programming language which Man AHL utilizes for its systematic models, to control a player for Man AHL’s homemade game HiveMinder. The seven coders that perform the bes
  
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• A French startup is betting on a $5.8 billion Chicago fund

  19-11-2016 14:50 via feedproxy.google.com
  
  A French startup just took a stake in a $5.8 billion Chicago investment firm. 
  iM Square, which invests in asset management firms, has taken a minority stake in Chicago-based Dolan McEniry, according to a statement.
  Philippe Couvrecelle and Jean Maunoury, both of Edmond de Rothschild Asset Management, launched iM Square last year.The firm backs asset management firms with between $1 and $20 billion under management and helps them sell their funds in Europe.
  The firm took a 20% sta
  
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• A massive hedge fund that shut itself to outsiders is crushing it

  19-11-2016 14:48 via feedproxy.google.com
  
  Billionaire Michael Platt decided to close his hedge fund firm, BlueCrest Capital Management, to outside money last year as investors pulled out.
  BlueCrest now focuses on managing Platt's and employees' money — and has had a huge year, returning 40%, according to a Bloomberg News report.
  The firm decided to trade with high levels of leverage, or borrowed money, Bloomberg reported.
  Last year, the then $9 billion firm received a wave of redemptions from big investors, like pensions and endow
  
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• One brutal chart from the biggest hedge fund in the world explains everything

  19-11-2016 14:46 via feedproxy.google.com
  
  Working class people from the Rust Belt played a large part in getting Donald Trump elected earlier this week. These same types of people also played a role in voting the UK out of the European Union earlier this year.
  Trump's campaign targeted people in once-booming manufacturing towns who felt the punch of globalization as jobs moved overseas. The Brexit campaign had similar success on the areas of Britain that hadn't shared in the prosperity of the UK capital, London. 
  
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• Goodbye, globalization

  19-11-2016 14:44 via feedproxy.google.com
  
  "The development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets."
  That's the Merriam-Webster definition of globalization, the trend that has dominated economics and trade for decades.
  And now, it might be about to go into reverse.From the financial crisis to Brexit to the election of Donald Trump, globalization has flatlined, and has taken one blow after another. Now, it likely t
  
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• DAN LOEB: We used to pick stocks in a 'virtual bubble,' but now the investing game has changed

  19-11-2016 14:43 via feedproxy.google.com
  
  The stock-pickers are (kind of) back.
  That's according to Third Point, the hedge fund led by Dan Loeb. The fund said in in its third quarter letter sent Tuesday that the hedge fund business "is rapidly evolving."
  Here’s the relevant excerpt from the $14.9 billion firm (emphasis added):
  “We have seen a return to a “stock-pickers” market this year. However, that term does not mean what it did fifteen or twenty years ago when we were in our infancy. Then, picking stocks coul
  
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• $3.7 BILLION HEDGE FUND: 'Perhaps we need to put our phones down and get back to work'

  19-11-2016 14:41 via feedproxy.google.com
  
  Cellphone addiction, particularly among millennials, may be hurting the labor force and the economy at large.
  That's according to a $3.7 billion New York hedge fund, Tourbillon Capital Partners.
  "Perhaps we aren't in secular stagnation. Perhaps we need to put our phones down and get back to work," founder Jason Karp wrote in the firm's third-quarter investor letter, a copy of which was obtained by Business Insider."At the risk of sounding like an old-man curmudgeon and a Luddite, I bel
  
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• Hedge funds fled healthcare stocks before the election — and may have missed out on big money

  19-11-2016 14:31 via feedproxy.google.com
  
  Hedge funds hopped out of healthcare ahead of the US presidential election – and may have missed on a big rebound in that sector in the wake of Donald Trump's win. 
  S&P Global Market Intelligence tracked hedge funds' stock holdings for the third quarter, which ended September 30, more than a week before the November 8 election.
  The takeaway? Hedge funds "may have been just as surprised by the election as pollsters and psephologists," S&P says. The general t
  
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