Sales & Marketing news

• Silicon Valley is stalling out as the pace of innovation slows down — and it could be a good thing for humanity (AAPL, MSFT, GOOGL, FB)

  10-06-2018 18:23 via feedproxy.google.com
  It is a time of great tech stagnation, in part due to the scandals that have rocked Silicon Valley over the last year. 
  Part of the stagnation, too, is that current technology is stalling out, and the next wave just isn't ready yet.
  After a decade-plus of the tech industry causing near-constant disruption and turmoil, the lull is offering the world a much-needed break to consider how technology is affecting society and to try to figure out what to do about it.
  Apple's WWDC developer confere
  
  Read more

• 'Ocean's 8' scores a franchise best to win the weekend box office (TWX)

  10-06-2018 17:17 via feedproxy.google.com
  "Ocean's 8" wins the weekend box office, taking in an estimated $41.5 million.
  That's the best opening ever for the "Ocean's Eleven" franchise.
  This weekend Warner Bros./Village Roadshow dusted off the "Ocean's Eleven" franchise — which worked so well for them in the early 2000s with the help of stars George Clooney, Brad Pitt, and Matt Damon — and set a new high for the movies thanks to an all-female cast.
  Starring Sandra Bullock, Cate Blanchett, Anne Hathaway, Sarah Paulson, Mindy
  
  Read more

• 'It's laughable:' We spoke to 2 experts about a new bitcoin ETF's 19-page list of risks, and it's like nothing they've ever seen

  10-06-2018 16:30 via feedproxy.google.com
  Investment manager VanEck is trying its hand at launching a bitcoin-linked investment product for the third time. 
  But one market structure expert says its 19-page risk-disclosure section is "laughable."
  The risk disclosures for VanEck's product are about double the normal length of typical ETFs, market structure experts told Business Insider.  
  The filing notes manipulation as a risk factor: "The price of bitcoin may be influenced by fraud and manipulation for a number of reasons
  
  Read more

• A former Navy SEAL built this $1.8 billion company to help book hair and yoga appointments — and Wall Street thinks it’s about to get big (MB)

  10-06-2018 15:52 via feedproxy.google.com
  MindBody, a public Software-as-a-Service (SaaS) company, may seem innocuous, but some on Wall Street anticipate big gains from the company if its strategy plays out as planned.
  That strategy is customer acquisition through a push into salons and spas — aided in part by two big acquisitions in the first half of 2018.
  Those acquisitions lowered MindBody's guidance and sent its stock down 19% in the day after first quarter earnings.
  But some on Wall Street have high hopes that MindBody could
  
  Read more

• Advertisement

• BANK OF AMERICA: These 17 companies are best positioned to benefit from the millennial boom, which offers investors a $62 trillion opportunity

  10-06-2018 14:58 via feedproxy.google.com
  Millennials and centennials (ages 18 and under) are "the world's most important demographics," according to analysts at Bank of America Merrill Lynch.
  They compiled a list of global buy-rated public companies viewed as best positioned to benefit from the demographic boom.
  The combined income of the two groups should grow to $62 trillion by 2030, BAML estimates.
  "The world's most important demographics" are about to take over, according to Bank of America Merrill Lynch.
  Millennials, ages 19 to 35
  
  Read more

• The next stock market crash will simply be a warm-up for an even bigger issue facing Main Street

  10-06-2018 14:49 via feedproxy.google.com
  When the next market crash occurs, Americans on Main Street will have much bigger problems on the horizon than stock losses.
  Multiple experts agree that one particularly troublesome development could destabilize the economic environment if a bear market unfolds.
  When the next bear market hits stocks, Wall Street will feel the pain, as it always does.
  Hedge funds will take deep losses, trading desks will flail, and the volatile environment will make it more difficult for companies to tap capital
  
  Read more

• Redfin's CEO explains why competitors should fear him (RDFN)

  10-06-2018 14:30 via feedproxy.google.com
  Online real-estate brokerage Redfin faces growing competition from venture-backed rivals.
  But CEO Glenn Kelman says those companies shouldn't underestimate him or his team, saying they are "wild, freaking animals."
  Kelman's bravado aside, the growing competition comes as the company's losses are already growing as its tries to diversify its business.Glenn Kelman may look like a nice, even ordinary guy. But he'll have you and everyone else know that when it comes to business, he's an animal.
  Kelm
  
  Read more

• Wall Street is sounding the alarm on a troubling market trend that's threatening to tank stocks over the summer

  10-06-2018 12:04 via feedproxy.google.com
  Wall Street says cracks are forming in the current market environment, which has made US stocks look downright unstoppable.
  Goldman Sachs and Bank of America Merrill Lynch outline why they think US equities could be headed for a rough summer.
  The stock market looks like a runaway train right now compared to other asset classes. And while investors with dollar signs in their eyes may view the situation as a positive, Wall Street doesn't like what it sees.
  At the root of the concern felt by Goldma
  
  Read more

• Advertisement

• The fundamental flaw at the heart of Switzerland's revolutionary referendum on banking

  10-06-2018 09:11 via feedproxy.google.com
  Martin Brown, a professor of banking at the University of St. Gallen, and former economist at the Swiss National Bank, explains the fatal flaw in the logic of Switzerland's banking reform referendum.
  "Most academic economists are very sceptical, not just about this vote, but about the whole campaign for monetary reform which goes in the direction of sovereign money," Brown told Business Insider.
  Swiss citizens will this weekend vote on an initiative called Vollgeld.
  The initiative essentially bo
  
  Read more

Follow @sales_mrktinguk on Twitter!