Sales & Marketing news

• Trump warns of a 'market crash the likes of which has not been seen before' if he loses 2020 election — but economists are worried he's causing a recession on his own

  15-06-2019 17:52 via feedproxy.google.com
  US President Donald Trump warned Saturday of a massive market crash if he's not re-elected in 2020. 
  The President has previously warned that the economy could tank if he's removed from office. 
  Economists, investors, business owners, and consumers, meanwhile, worry about an economic downturn from Trump's ongoing trade wars with China and Mexico. 
  Visit Business Insider's homepage for more stories.United States President Donald Trump on Saturday warned without evidence of a massiv
  
  Read more

• The coming antitrust fights are an existential battle over how to protect capitalism (GOOGL, FB, AMZN)

  15-06-2019 15:17 via feedproxy.google.com
  For the first time in a generation, Washington is questioning what it means to protect American Capitalism.
  Big tech companies like Google and Facebook, with their seemingly free products, are forcing lawmakers to consider whether monopoly power manifests itself in more than just higher prices for consumers. 
  This is creating a bipartisan consensus that anti-trust regulation isn't just about protecting consumers, it's about protecting competition in general.There was a rare glimpse of produ
  
  Read more

• A growing chorus of Wall Street heavyweights is sounding the alarm on regulatory pressures surrounding America's biggest tech juggernauts

  15-06-2019 15:03 via feedproxy.google.com
  Big tech stocks like Alphabet, Apple, and Facebook have come under pressure amid reports of federal probes around antritrust issues and data privacy concerns.
  It's unclear whether the companies' stock prices will suffer in the long run as uncertainty surrounds the scope of the probes.
  But market strategists and legal experts are warning big-tech investors face major risks.
  Visit Market Insider's homepage for more stories.
  Federal regulators are knocking at Big Tech's door.
  The US Federal Trade C
  
  Read more

• Hedge funds and private-equity firms face tug-of-war over talent; 'Alexa, what ETF should I buy?'

  15-06-2019 14:23 via feedproxy.google.com
   
  Dear readers,
  Welcome to this week's edition of Wall Street Insider. It was great to meet so many of our readers on Monday at our IGNITION: Transforming Finance event at the New York Stock Exchange. We had top tech leaders from firms such as Goldman Sachs, JPMorgan, Morgan Stanley, Citi, BNY Mellon, and Barclays chat about a wide variety of topics, including the threat posed by Silicon Valley to big banks, how to deal with evolving customer expectations around digital, and the cultural c
  
  Read more

• Advertisement

• Oracle revoked job offers for some people in the UK, blaming a hiring freeze. Yet it says it's both hiring and still restructuring. (ORCL)

  15-06-2019 14:00 via feedproxy.google.com
  Oracle's massive reorganization is still in progress, according to three employees Business Insider has talked to.
  The company revoked at least some job offers in the UK at the last minute, blaming a hiring freeze, two of them told us.
  This reorg began in the spring, and has involved thousands of layoffs between March and this month. The company acknowledged the layoffs but hasn't given a total tally.
  We expect an update on how much money Oracle has spent so far on its 2019 restructuring plan on
  
  Read more

• The US economy is resisting a slowdown plaguing the rest of the world. Here's why one Wall Street expert worries its fortunes are about to change.

  15-06-2019 12:05 via feedproxy.google.com
  The US economy has been resilient amid struggles in other developed countries. 
  However, there are looming threats to this unique position, according to Alain Bokobza, the head of global asset allocation and equity strategy at Societe Generale. 
  He advised using commodities as a hedge against the global slowdown he expects to have taken hold by 2020. 
  Click here for more BI Prime stories. The US economy is about one month away from recording its longest expansion ever, even a
  
  Read more

• Here's why this Amazon executive says shopping with Alexa is 'going to be even more exciting than the launch of the iPhone'

  15-06-2019 11:00 via feedproxy.google.com
  Amazon is betting its knowledge of its customers, combined with the booming adoption of smart speakers and voice assistants, is the future of transactions.
  "Trust takes decades to build and an instant to lose, and we're paranoid about that," says Amazon Pay's Patrick Gauthier.Visit Business Insider Prime for more stories.
  "Alexa, are you the future?" Amazon certainly seems to think so.
  As the future of financial services becomes increasingly democratized, Amazon is betting its knowledge of its c
  
  Read more

• Hundreds of Google employees and shareholders are expected to converge at the shareholder meeting to demand reforms on sex misconduct and diversity policies (GOOG, GOOGL)

  15-06-2019 05:29 via feedproxy.google.com
  Google employees and shareholders are planning to stage a demonstration outside of the company's annual shareholder meeting on Wednesday.
  The protests are to show support for proposals shareholders will vote on regarding sexual harassment and diversity policies at Google and parent-company Alphabet.
  The demonstrations would follow similar high profile protests at Amazon and Facebook's annual meetings.
  Visit Business Insider's homepage for more stories.Several hundred activists and Google employe
  
  Read more

• Advertisement

• The automotive industry has not reached 'peak car' as some Wall Street analysts suggest. Here's what's really going on. (F, GM, FCAU)

  15-06-2019 00:55 via feedproxy.google.com
  Auto sales, particularly in the US, have been booming for years. Automakers have been positing healthy profits, but now concern has developed about "peak car," the idea that worldwide auto sales growth has topped out.
  The auto industry isn't meaningfully threatened by ride-hailing or new companies making electric vehicles. And although sales could decline in the future, historically high transaction prices should offset a slowdown.
  A solid economy has led analysts to scour the globe for sources
  
  Read more

• A California-based chip company just took a $2 billion hit following Trump's Huawei ban

  15-06-2019 00:40 via feedproxy.google.com
  Chipmaker Broadcom slashed its annual revenue outlook by $2 billion, marking one of the first instances in which the financial impact of Huawei's blacklisting on a US company have been partly quantified.
  In its earnings report, Broadcom CEO Hock Tan attributed the slowdown to "geopolitical uncertainties" and "the effects of export restrictions on one of our largest customers."
  "With respect to semiconductors it is clear that the U.S.-China trade conflict, including the Huawei export ban, is crea
  
  Read more

• Uber and Lyft are trying to make an end-run around unionization (UBER, LYFT)

  15-06-2019 00:35 via feedproxy.google.com
  Uber CEO Dara Khosrowshahi and Lyft cofounders Logan Green and John Zimmer have written an op-ed in which they maintain that flexible employment is essential for their drivers.
  The argument follows the passage of a bill in California's state Assembly that could, if passed by the state Senate and signed into law, reclassify ride-hailing drivers as employees rather than independent contractors.
  Uber and Lyft can't afford a unionized workforce and argue that employment law should be changed, and th
  
  Read more

Follow @sales_mrktinguk on Twitter!