Sales & Marketing news

• Microsoft's cloud transformation has it on track to be the next $1 trillion company (MSFT)

  28-10-2018 20:06 via feedproxy.google.com
  Microsoft's embrace of cloud-based software and services is transforming its business.
  Revenue from the company's Azure cloud computing service and the cloud-based version of its Office suite is growing rapidly.
  Analysts expect the company's earnings report, which comes out Wednesday, to confirm that this boom is continuing.Microsoft is shedding the pelt of its aging PC software business and trying to turn heads with its new look as a cloud superstar.
  If it pulls off the makeover, the company co
  
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• Many companies are stumbling as they rush to adopt artificial intelligence — here's what's tripping them up

  28-10-2018 16:30 via feedproxy.google.com
  Companies that are rushing to embrace artificial intelligence technologies are running into big problems with their data.
  Some companies don't have enough data, others have it in disparate places, and still others don't have it in a usable format.
  Because of such challenges, some early adopters have abandoned AI projects.If there's one big thing that might thwart companies' headlong rush to adopt artificial intelligence for their businesses, it's data.
  AI generally requires lots of data. But it
  
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• BANK OF AMERICA: These 16 stocks are primed to smash investor expectations and beat the market as we enter the most crucial stretch of earnings season

  28-10-2018 16:23 via feedproxy.google.com
  A third of all S&P 500 companies are set to report third-quarter earnings during the weeks of Oct. 22 and Oct. 29.
  These two busy weeks are the most important for stock pickers looking for opportunities to beat their benchmarks, according to Bank of America Merrill Lynch. 
  The firm's analysts compiled a list of buy-rated stocks reporting during these two crucial weeks, which they expect to outperform the market's expectations. We're officially in the most important two weeks of ear
  
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• 'Halloween' easily wins the box office for a second-straight weekend, and has already brought in over $100 million domestically (CMCSA)

  28-10-2018 16:20 via feedproxy.google.com
  "Halloween" won the box office for a second consecutive weekend, earning $32 million.
  That puts the movie's domestic total to an incredible $126.7 million (it was made for only $10 million).
  This marks the first time a "Halloween" movie has hit the $100 million milestone."Halloween" looks like it's going to have major staying power as we get closer to its namesake holiday.
  In its second weekend in theaters, the new direct sequel to the 1978 original won the box office with an estimated $32.05 mi
  
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• Trump's bewildering new tax cut proposal is 'the height of cynicism' and an admission the GOP tax law failed politically

  28-10-2018 15:03 via feedproxy.google.com
  The GOP was counting on the GOP tax law passed in December to be a cornerstone of their midterm election strategy.
  But the bill is wildly unpopular, and most Americans believe it benefits the wealthy and corporations.
  Many analysts believe President Donald Trump's unexpected promise that another tax cut is on the way is an admission that the first tax bill "has failed politically."As the GOP tax law was set to pass in December 2017, Senate Majority Leader Mitch McConnell declared that the Tax Cu
  
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• The housing market is cooling off — and uncertainty isn't helping

  28-10-2018 14:00 via feedproxy.google.com
  The housing market has been losing momentum, with inventories rising to 2011 highs. 
  A mismatch between residential-real-estate activity and the rest of the economy may be worsening the slowdown. 
  Wage growth could help bridge the disconnect.From rising prices to the new tax law, economists say there are a number of conditions contributing to a slowdown in the US housing market. But there may also be a less tangible factor at play: uncertainty. 
  The economy is humming, with unempl
  
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• Panic has yet to peak in this stock market meltdown — here's why Wall Street thinks the crash has only just begun

  28-10-2018 11:05 via feedproxy.google.com
  The stock market has gotten crushed over the past couple weeks, with the benchmark S&P 500 falling into correction territory and erasing its gains for the year.
  Despite the damage that's already spread throughout equities, experts across Wall Street warn that the sell-off has further to run.When it comes to severe stock market pullbacks, investor fear usually has to be stretched to its absolute limit before the bleeding can stop.
  And while it may seem like traders have been scared to death b
  
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• The 'zombie' problem: Low interest rates and 'leveraged loans' sustain a vast number of lousy companies which should have gone to the wall years ago

  28-10-2018 09:46 via feedproxy.google.com
  12% of all companies globally are now "zombie firms," meaning that they can barely pay the interest on their debts, according to the Bank of International Settlements. 16% of US companies are zombies.
  In the early 1990s, the zombie rate was just 2%.
  But low interest rates and investor demand for "leveraged loans" have created a huge market keeping afloat lousy companies that should have gone to the wall years ago.
  Leveraged loans are a $1.6 trillion risk to global financial stability, according
  
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• The suspected Pittsburgh shooter allegedly had a following on a social network that many call the far-right's alternative to Twitter — here's everything we know about Gab

  28-10-2018 02:35 via feedproxy.google.com
  The man who allegedly opened fire in a Pittsburgh synagogue Saturday morning, killing 11 people and injuring six, was reportedly a frequent poster on Gab, a relatively new social network that has attracted many from the far-right fringe.
  Robert Bowers, the suspected shooter, reportedly joined Gab at the beginning of this year, using it to post a series of anti-Semitic messages and redistribute many more from other users. Immediately before he allegedly attacked the synagogue, Bowers took aim at
  
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• Elon Musk criticized federal regulators on Twitter and said the $20 million fine he paid over his 'funding secured' tweet was 'worth it' (TSLA)

  28-10-2018 01:58 via feedproxy.google.com
  Tesla CEO Elon Musk took veiled shots at the Securities and Exchange Commission and federal prosecutors in a tweetstorm on Friday.
  The US Justice Department's investigation into whether he and Tesla misled investors about production of its Model 3 vehicle is "total bs," he said.
  The $20 million fine he had to pay over his "funding secured" tweet was "worth it," he added.
  The tweets come after Tesla agreed to set guidelines for and oversee his use of Twitter.Elon Musk may have settled a suit file
  
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