Sales & Marketing news

• Alphabet's drone delivery company just received FAA approval to start dropping packages on customer's front doorsteps in Virginia (GOOG, GOOGL)

  23-04-2019 23:12 via feedproxy.google.com
  Wing, the aerial-delivery venture spun out of Google, has become the first US drone operator to receive federal clearance as an airline. 
  That means Wing can start legally dropping packages on people's front doorsteps in the states. 
  Wing says it will begin testing services in two southwestern Virginia towns and hopes to launch there by later this year. 
  In Australia — where the company has been testing since 2014 — Wing drones deliver everything from burritos to coffe
  
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• Investors are looking for 3 things from Tesla's earnings (TSLA)

  23-04-2019 22:10 via feedproxy.google.com
  Tesla reports its earnings on Wednesday, and analysts expect the company to swing to a loss after two straight profitable quarters.
  CEO Elon Musk said earlier this year that Tesla probably wouldn't post a profitable Q1, and markets have been pricing in a loss.
  Topline revenue could also reverse an upward trend, after breaking through $7 billion for Q4 2018.
  Tesla might also have sold emissions credits to mitigate the loss.
  Visit Business Insider's homepage for more stories.
  Tesla reports first-q
  
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• Stocks surge to fresh record highs

  23-04-2019 22:01 via feedproxy.google.com
  Stocks closed at record highs on Tuesday after strong earnings reports.
  It came as investors weigh a series of strains that led the Federal Reserve to signal a pause in its three-year hiking campaign.
  Trade tensions and weakening global growth have failed to upend the longest bull market in recent history.
  Watch stocks trade live.
  Strong quarterly financial results helped propel stocks to close at record highs on Tuesday, as ongoing trade tensions and slowing global growth failed to upend the lo
  
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• Trump nailed the stock-market call he made following the biggest Christmas Eve sell-off in history

  23-04-2019 22:00 via feedproxy.google.com
  President Donald Trump told reporters on Christmas Day that it was a "great opportunity to buy" stocks.All three major averages have rallied more than 20% since Trump's call.
  Visit MarketsInsider.com for more stories
  President Donald Trump nailed his stock-market call.
  On December 25, with the stock market down 15% for the month and having just posted its worst Christmas Eve performance in its history and lowest close since April 2017, Trump boldly declared it was time to buy.
  "They have record
  
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• Apple's new 2019 iPhones are expected to get a major camera upgrade. Here's everything we know so far. (AAPL)

  23-04-2019 21:46 via feedproxy.google.com
  Apple's next iPhones are expected to get a triple-lens camera, an upgrade from the current dual-camera setup on the iPhone XS and XS Max.
  The front-facing camera will also reportedly get a boost when it comes to image quality and Face ID.Visit Business Insider's homepage for more stories. When Apple unveils its new iPhones in September, a tradition the company has kept since 2012, you can expect the device's upgraded cameras to be the stars of the show.
  Apple's trio of new smartphones are
  
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• Wirecard spikes on report SoftBank is considering an investment

  23-04-2019 21:42 via feedproxy.google.com
  Wirecard's US-listed shares had a wild trading day on Tuesday.They fell 2% after a short-sale ban expired before spiking as much as 13% on the news that SoftBank was considering an investment.
  The German payments company has been under fire from short-sellers due to financial irregularities in its Asian business.
  Watch Wirecard trade live.
  Tuesday was a volatile trading day for the German payments company Wirecard.
  US-listed shares fell by as much as 2% Tuesday morning after a controversial ban
  
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• BNY has quietly started working with a marijuana ETF — and it's about to be the first major bank to help the world's largest funds invest in the booming industry

  23-04-2019 20:53 via feedproxy.google.com
  BNY Mellon is serving as a custodian bank for a new actively managed marijuana exchange-traded fund that trades under the ticker "YOLO," the bank confirmed to Business Insider. 
  The bank's move could solve one of the biggest points for institutional investors that want to invest in cannabis but previously couldn't because of the US federal government's stance on the drug.
  Visit Business Insider's homepage for more stories.BNY Mellon is working to solve one of the biggest pain points for ins
  
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• BNY has quietly started working with a marijuana ETF — and it’s about to be the first major bank to help the world’s largest funds invest in the booming industry

  23-04-2019 20:53 via feedproxy.google.com
  BNY Mellon is serving as a custodian bank for a new, actively managed marijuana ETF that trades under the ticker 'YOLO,' the bank confirmed to Business Insider. 
  The bank's move could solve one of the biggest points for institutional investors that want to invest in cannabis but previously couldn't due to the US federal government's stance on the drug.
  Visit Business Insider's homepage for more stories.BNY Mellon is working to solve one of the biggest pain points for institutional investors
  
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• Major Wall Street analysts are all bulled up on Lyft, but investors don't seem to care (LYFT)

  23-04-2019 20:17 via feedproxy.google.com
  Lyft shares swung between gains and losses on Tuesday after 10 Wall Street analysts initiated coverage of the recently public ride-hailing company.
  Shares fell by as much as 2.5% before rallying by as much as 1.8% after the majority of the analysts' calls were bullish.
  Watch Lyft trade live.
  Lyft shares swung between gains and losses on Tuesday as the quiet period for major Wall Street analysts ended and a slew of them initiated overwhelmingly bullish coverage.
  Tuesday marked the end of the near
  
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• GOLDMAN SACHS: Tesla's 'Autonomy Day' was held to distract investors from the pressures the company is facing (TSLA)

  23-04-2019 20:00 via feedproxy.google.com
  Tesla's 'Autonomy Day' may have been a strategy to distract investors from the company's underlying demand and margin pressures, according to a Goldman Sachs research analyst.
  The company is expected to post weak first-quarter results on Wednesday after deliveries fell short of expectations.
  Watch Tesla trade live.
  Tesla held its 'Autonomy Day' on Monday, where it detailed its plans for a robo-taxi network to compete with the ride-hailing giants Lyft and Uber. The company provided details on its
  
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• Twitter soars 15% — to best level since July — after earnings beat (TWTR)

  23-04-2019 18:14 via feedproxy.google.com
  Twitter soared more than 15% after beating quarterly earnings on Tuesday morning.
  The company beat expectations for earnings and revenues despite a fall in users.
  Watch Twitter trade live.
  The social-media company Twitter beat analyst expectations on Tuesday morning, sending shares up 15% and to their best level since July.
  The company reported earnings $0.25 a share for the first quarter, easily beating the $0.18 that analysts surveyed by Bloomberg were expecting.
  Revenue jumped 18% year-over-y
  
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• A leaked email shows a Wedbush executive urged the firm to drop Netflix coverage because its analyst's call has been wrong for years (NFLX)

  23-04-2019 18:07 via feedproxy.google.com
  A Wedbush executive two years ago urged the firm's equity-research team to stop covering Netflix because he was concerned with the intent of the research analyst following the stock, according to an email obtained by Markets Insider.
  Tim Podell, the vice president of investments at Wedbush Securities, sent the email to the firm's equity-research team and Tony Lucas, a vice president and officer manager.
  Michael Pachter, the analyst who covers Netflix at Wedbush, told Markets Insider that he does
  
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• Elon Musk says Tesla will have 1 million robo-taxis on the road next year, and some people think the claim is so unrealistic that he's being compared to PT Barnum (TSLA)

  23-04-2019 17:40 via feedproxy.google.com
  Elon Musk said Monday that Tesla would have 1 million autonomous taxis on the road "next year."
  Wall Street analysts, investors, and other industry insiders were skeptical, given Musk's history with overpromising.
  Jim Cramer of CNBC's "Fast Money," once a Tesla bull, compared Musk to the great showman PT Barnum.Elon Musk unveiled grand plans for Tesla's network of robo-taxis on Monday, with his sights set on a million autonomous electric vehicles shuttling passengers within a year.
  "I feel very
  
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• Nvidia fires back at Tesla's claim that it created the world's best chip for self-driving cars (TSLA, NVDA)

  23-04-2019 17:21 via feedproxy.google.com
  Tesla CEO Elon Musk said on Monday that the electric-car maker has created the world's best fully autonomous-driving computer.
  But Nvidia, which also makes hardware designed for self-driving cars, said on Tuesday that Tesla made an inaccurate comparison between the companies' technologies.
  Tesla compared its Full Self-Driving (FSD) Computer against Nvidia's Drive Xavier computer, saying the FSD Computer has more processing power.
  But Nvidia said in a blog post that Tesla used the wrong Nvidia pr
  
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• Harley-Davidson's profit plunges as Trump's tariffs bite (HOG)

  23-04-2019 17:07 via feedproxy.google.com
  Harley-Davidson's profit plunged as President Donald Trump's tariffs hurt sales.
  The company is also contending with decreased demand as their core customer ages.
  Watch Harley-Davidson trade live.
  The motorcycle manufacturer Harley-Davidson reported quarterly operating profits plunged almost 27% from a year ago as it contended with decreasing demand for its core product as well as the impact of tariffs from both the US and Europe.
  Operating earnings fell from $173 million to $108 million while r
  
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• Elon Musk thinks it's 'financially insane' to buy a car that isn't a Tesla — but Tesla wouldn't be able to make enough cars to meet that demand (TSLA)

  23-04-2019 16:50 via feedproxy.google.com
  Tesla CEO Elon Musk thinks that fully autonomous Tesla vehicles will lead consumers to conclude that it's "financially insane" to buy a vehicle from somebody else.
  But even if Musk were right, Tesla isn't remotely capable of satisfying even US automobile demand.
  The more Tesla struggles to be a major automaker, the more Musk is working to brand the company as a Silicon Valley tech firm.
  Visit Business Insider's homepage for more stories.
  During the course of a deeply technical presentation for i
  
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• A bitcoin bet gone wrong reportedly cost SoftBank founder Masayoshi Son $130 million after he failed to heed Warren Buffett's advice

  23-04-2019 16:26 via feedproxy.google.com
  SoftBank's founder, Masayoshi Son, might have saved $130 million if he paid attention to Warren Buffett.
  The famed tech investor lost that amount on a bitcoin bet gone wrong, according to a report from The Wall Street Journal.
  Watch bitcoin trade live.
  "Be fearful when others are greedy and greedy only when others are fearful," said the legendary investor Warren Buffett in 2004. In other words, buy low and sell high — and don't follow the herd.
  If SoftBank CEO Masayoshi Son had listened to
  
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• 9 mind-blowing facts about North Korea's economy

  23-04-2019 16:08 via feedproxy.google.com
  North Korea is a secretive nation of 25 million people led by Kim Jong Un.
  Its isolationist policies have hurt the country's economy, but we don't know the depth of its struggles because North Korea doesn't release detailed data.
  Here are nine mind-blowing facts about North Korea's economy.
  Visit Markets Insider's homepage for more stories.
  North Korea is one of the most secretive nations in the world.
  The country of 25 million people has been ruled by the Kim dynasty for more than 70 years.
  Nor
  
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• 2 China start-ups challenging Starbucks and Twitch are about to IPO in the US, and they have a surprising amount in common

  23-04-2019 15:58 via feedproxy.google.com
  Luckin Coffee and DouYu, two Chinese start-ups that just filed for IPOs in the US, have a surprising amount in common for a coffee company and a video-game live-streaming platform.
  Both companies are growing fast, losing money, tapping into mushrooming markets, and taking on big US rivals.
  Luckin and DouYu are also targeting younger consumers, attracting users via social media, and using live streams, mobile apps, and customer data in novel ways.
  Their IPOs come at a tense time for US-China rela
  
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• Coca-Cola jumps after revenue impresses and water sales run laps around soda (KO)

  23-04-2019 14:47 via feedproxy.google.com
  Coca-Cola shares jumped early Tuesday after the company reported first-quarter revenue that topped Wall Street estimates.
  The beverage company's GAAP earnings fell short of analysts' expectations.
  Watch Coca-Cola trade live.
  Coca-Cola reported first-quarter sales and adjusted earnings Tuesday morning that topped expectations, helped in part by robust sales of water and sports drinks. Shares were higher by 3% ahead of the opening bell, trading near $49 apiece.
  Sales of water, enhanced water, and
  
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• Snap's New Guard: Meet the 25 new power players who help CEO Evan Spiegel run Snap Inc. (SNAP)

  23-04-2019 14:37 via feedproxy.google.com
  Snap has weathered a revolving door of executives in the past two years.
  A new guard has now been put in place.
  From Chief Business Officer Jeremi Gorman, to Chief Strategy Officer Jared Grusd, below is the who's who of Snap's new leadership team.
  Visit Business Insider's homepage for more stories.Snap has had a bumpy ride as a public company, weathering blowback from a botched redesign, increased competition, a plateauing user base, and a revolving door of executives in the past two years.
  But
  
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• Inventory, like drinking water, is best when filtered at the source

  23-04-2019 02:00 via warc.com
  Low trust in online media quality has led to an overreliance on private marketplaces, observes 33Across' Eric Wheeler. Here he explores how the industry should pursue quality at source. 
  
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• Ten things RPA knows about Gen-Z

  23-04-2019 01:11 via warc.com
  For all the time spent trying to understand stable truths about Generation Z, a new report suggests that a shifting identity is fundamental to understanding the cohort.Adaptation is core to understanding Gen-Z according to the L.A-based agency RPA...
  
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• Getting real with the value exchange

  23-04-2019 01:11 via warc.com
  Marketers need to rethink how they use data and consumer identities, shifting the focus away from targeting efforts to insights, two industry figures suggest.Sometimes it seems that hardly a week goes by without one of the tech giants becoming...
  
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• Digital video integral to cross-screen campaigns

  23-04-2019 01:11 via warc.com
  Digital video is now an integral part of European marketers’ advertising plans, according to a new report, which also highlights the widespread use of programmatic direct and real-time bidding and a continuing reliance on in-stream formats. ...
  
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• 2019's Best of the Best in the UK and Europe

  23-04-2019 01:11 via warc.com
  adam&eveDDB London and LOLA MullenLowe Madrid top the agency rankings in two new WARC Best of the Best reports which showcase the best campaigns and companies in the UK and Europe across creativity, effectiveness and media excellence.The...
  
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• 2019's Best of the Best in North America and Latin America

  23-04-2019 01:11 via warc.com
  BBDO New York and MediaCom Mexico City top the agency rankings in two new WARC Best of the Best reports which showcase the best campaigns and companies in North America and Latin America across creativity, effectiveness and media excellence.The...
  
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• 2019's Best of the Best in Asia-Pacific

  23-04-2019 01:11 via warc.com
  Mindshare Shanghai and Colenso BBDO Auckland top the agency rankings in two new WARC Best of the Best reports which showcase the best campaigns and companies in Asia and Australia/New Zealand across creativity, effectiveness and media excellence. ...
  
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