Sales & Marketing news

• Electronic Arts slides as 'Apex Legends' season 2 fails to convince investors that it can replicate Fortnite’s massive success (EA)

  05-07-2019 20:58 via feedproxy.google.com
  Shares of Electronic Arts, the creator of "Apex Legends," dropped by as much as 5.6% on Friday after the release of the second season of the Battle Royale game.
  Investors, gamers, and analysts were all looking forward to the update to see whether Apex Legends could legitimately compete with Fortnite, a cross-platform Battle Royale game with about 250 million players. 
  The season-two update included new weapons, skins, a character named Wattson, and changes to the map. 
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• Dynatrace, a Cisco and Broadcom rival, is going public in an IPO that could raise as much as $300 million

  05-07-2019 20:49 via feedproxy.google.com
  Dynatrace filed papers for an IPO on Friday. The company aims to raise $300 million with Goldman Sachs, JP Morgan and Citigroup as lead underwriters.
  Dynatrace helps businesses monitor the performance of software applications. It competes with Cisco and Broadcom in that market.
  Visit Business Insider's homepage for more storiesDynatrace, which helps businesses track the performance of their software applications, filed to go public on Friday.
  Dynatrace is looking to raise $300 million in an init
  
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• Trump attacks Fed again, saying they don't know what they're doing and calling for rate cuts

  05-07-2019 20:31 via feedproxy.google.com
  President Donald Trump criticized the Federal Reserve again on Friday, saying the central bank does not know what it is doing. 
  If the Fed were to lower interest rates, the US "would be like a rocket ship," Trump told reporters. 
  Trump has long argued that the Fed should lower borrowing costs to help the US economy grow. 
  Read more on Markets Insider.
  President Donald Trump's criticism of the Federal Reserve continues. 
  After the Labor Department reported the US economy added
  
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• Uber has a new competitor in one of its most competitive overseas markets that's backed by Softbank, Hyundai and other big names (UBER)

  05-07-2019 20:17 via feedproxy.google.com
  Ola, an Indian ride-hailing service, says its planning to launch in London this fall after receiving permission to operate. 
  The company has investments from SoftBank, which also backed Uber, as well as automakers including Hyundai and Kia.
  London has been a tricky market for Uber, where it was forced to stop giving rides for about a year by a court. 
  Visit Business Insider's homepage for more stories.Ola, a ride-hailing firm based in India, said Thursday that's its received a lic
  
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• Amazon's stock price on its 25th anniversary shows the potential of investing early in game-changing companies that become consumer favorites (AMZN)

  05-07-2019 20:04 via feedproxy.google.com
  Amazon was founded 25 years ago today, on July 5, 1994. The company was the second in the US to hit a market capitalization of $1 trillion in 2018, but it had a long road to that success. 
  Early investors would've seen disappointing returns for the first decade of Amazon's performance as a public company.
  The company is a cautionary tale for investors looking to cash in on banner initial public offerings coming to market this year. Industry watchers say it's better to invest in companies yo
  
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• An Uber glitch sent drivers to riders' final destinations — before picking anyone up (UBER)

  05-07-2019 18:46 via feedproxy.google.com
  An issue with Uber's dispatching software is sending drivers to a rider's final destination before picking up the rider.
  Both riders and drivers have reported the recurring issue over the past week.
  The company did not respond to a request for comment from Business Insider, but it's official support account said on Twitter that it was aware of the issue.
  Visit Business Insider's homepage for more stories.Many Uber drivers and riders are reporting a peculiar problem: drivers were being sent to th
  
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• After a strong jobs report, Wall Street expects a smaller rate cut from the Fed in July

  05-07-2019 17:10 via feedproxy.google.com
  The US economy added 224,000 jobs in June, more than economists expected. 
  The Friday jobs report was a positive economic data point showing that the longest economic expansion is still running.The stock market slid after the report, and traders lowered their expectations for a half-percentage-point cut in interest rates from the Federal Reserve this month.Read more on Markets Insider. 
  The US economy added more jobs in June than economists expected, reversing what looked to be a slowi
  
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• Stocks are diving after an excellent jobs report threatens to 'stop the rally in its tracks'

  05-07-2019 16:58 via feedproxy.google.com
  Stocks dove on Friday after an impressive jobs report dashed investors' hopes of the Federal Reserve cutting interest rates this month.
  The US economy added 224,000 non-farm payroll jobs in June, exceeding economists' expectations of 160,000.
  "Today's print increases the likelihood of a hold from the Fed this month, and raises questions about the supposedly severe slowdown the US economy is about to undergo," one analyst says.
  View Markets Insider's homepage for more stories.Stocks dove on Frida
  
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• Analysts say Canopy Growth, the world’s largest cannabis company, will still dominate its industry after abruptly firing its CEO

  05-07-2019 16:31 via feedproxy.google.com
  Shares of Canopy Growth Corp sank after the company announced co-CEO Bruce Linton was stepping down Wednesday. 
  The leadership change came as a surprise, but many analysts say its ultimately a good thing. 
  Canopy is still positioned to lead growth in the $200 billion global cannabis industry, wrote Andrew Carter of Stifel.Watch Canopy Growth trade live on Markets Insider. 
  The world's most valuable weed company still looks good to analysts, even after it canned its CEO. 
  Shar
  
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• US chipmakers slide after Samsung announces its profit tanked 56% last quarter (QCOM, MU, AMD)

  05-07-2019 15:37 via feedproxy.google.com
  Smartphone maker Samsung reported a 56% drop in profit in the second quarter of 2019 from the same period last year. 
  The news sent shares of US chipmakers such as Qualcomm, Micron Technology , and AMD lower on Friday. 
  Demand in Samsung's memory-chip business has been dampened by the trade war between China and the United States. 
  Visit the Markets Insider homepage for more stories.The world's largest smartphone maker is pulling down US semiconductor stocks. 
  Samsu
  
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• The US labor market rebounds in June, adding far more jobs than expected

  05-07-2019 15:07 via feedproxy.google.com
  The US jobs report showed the economy added 224,000 nonfarm payrolls in June, more than economists had expected.
  The unemployment rate ticked higher to 3.7%, and wages accelerated at a slightly slower pace than expected.
  The report eased concerns about a slowdown following surprisingly disappointing results in May, and it dampened expectations for the Federal Reserve to cut interest rates this month.
  Visit Markets Insider for more stories.
  In the latest snapshot of the US economy, government dat
  
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• A British supermarket is blaming wet weather for 'pretty dire' sales of barbecues and paddling pools

  05-07-2019 13:07 via feedproxy.google.com
  A British supermarket is blaming bad weather for disappointing sales of summer products.
  Sainsbury's suffered a 3.1% drop in sales of general merchandise and a 4.5% drop in clothing sales in the 16 weeks t0 June 29.
  "The weather was very unhelpful" and resulted in "pretty dire" sales of paddling pools and barbecues, management said.
  Sainsbury's was barred by regulators from merging with Walmart-owned rival ASDA earlier this year.
  Watch Sainsbury's trade live.A British supermarket is blaming bad
  
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• Bond traders are flocking to Greece to bask in the highest yields in the eurozone

  05-07-2019 12:10 via feedproxy.google.com
  Bond investors in Greece are reaping the rewards of investing in junk-rated and illiquid debt.
  Greek bonds have returned 20% this year, the best performance in the eurozone.
  This weekend's elections may also help bear fruit in bringing a more market-friendly government to power in Athens.
  View Markets Insider's homepage for more stories
  For bond investors, Greece has been the eurozone's best country to invest in as the country's bonds have returned 20% this year, Bloomberg reported.
  This also lo
  
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• 5 ways to thrive: The rest of 2019 is set to be rockier than the first half, and Wells Fargo says these strategies will help investors withstand the turmoil ahead

  05-07-2019 12:05 via feedproxy.google.com
  Investors should consider five strategies to deal with a potentially turbulent second half of the year, says Wells Fargo Investment Institute Chief Global Asset Allocation Strategist Chris Haverland.
  He writes that the rest of the year may be difficult as earnings slip and economic growth slows. Several of his tactics are themed around diversifying and preparing for increased volatility. 
  Haverland says investors should diversify with the benchmark S&P 500 at all-time highs just as corp
  
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• Billionaire investor Howard Marks sounds the alarm on an area of the market that is 'in vogue' — and explains why it resembles the tech bubble

  05-07-2019 12:02 via feedproxy.google.com
  Howard Marks, the cofounder and cochairman of the $119 billion Oaktree Capital Management, has shared a stark warning for investors who may have forgotten one of the most important lessons the tech bubble had to offer.
  Marks sees the prevalence of sentiment behind profitless companies toward the "positive end of the pendulum's arc."
  Click here for more BI Prime stories.Investors have an uncanny ability to repeat mistakes.
  Time after time, foibles are replicated in search of alpha — a truis
  
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• The 'Dr. Doom' economist and the CEO of a crypto exchange are in a massive spat — here's what both sides told us

  05-07-2019 10:25 via feedproxy.google.com
  An economist nicknamed "Dr. Doom" for his pessimistic predictions traded insults with the CEO of a cryptocurrency exchange in an unaired debate at the Asia Blockchain Summit this week.
  Cryptocurrency critic Nouriel Roubini and crypto proponent Arthur Hayes held a discussion marketed as the "Tangle in Taipei" on Wednesday, but the conversation wasn't broadcast.
  Hayes called Roubini a "one-trick pony," while Roubini called Hayes a "total arrogant jerk" in emails to Markets Insider.
  View Markets In
  
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• UK watchdog launches inquiry into digital ad market

  05-07-2019 02:00
  Major online platforms that currently dominate the UK digital advertising market will come under intense scrutiny after the country’s competition watchdog launched an official investigation into their practices, including how they use...
  
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• Podcasts become part of Empire's content flow

  05-07-2019 02:00
  From an inauspicious beginning, podcasts have become a central part of the content flow at Empire, the world’s biggest film magazine, and attracted some unexpected partners.Editor Terri White explained, at a recent IAB Event in...
  
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• Please stay tuned: Lessons from rolling out a new brand identity for Brazil’s biggest broadcaster

  05-07-2019 02:00
  Sergio Valente, director of communications at Globo and former president of DDB Brazil, on why the media owner launched a digital ‘brand book’ to announce its new visual identity.
  
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• More Americans mark July 4th with a seltzer

  05-07-2019 02:00
  Burgers, hotdogs and beer remain classic American staples during Fourth of July celebrations, yet there is growing evidence that many US consumers are opting for plant-based food, low alcohol drinks and other alternatives.According
  
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• Manchester Utd builds experiences for Chinese fans

  05-07-2019 02:00
  Manchester United, the English Premier League football club, is seeking to engage its 100 million fans in China with new experience centres and the launch of a dedicated Chinese-language app.The club previewed a new experience centre in Beijing...
  
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• iflix rolls out contextual targeting

  05-07-2019 02:00
  As the battle in Southeast Asia’s OTT heats up, Malaysia-based iflix has unveiled a suite of advanced targeting solutions aimed at delivering more effective brand messages to audiences.While iflix is a significant player in this market,...
  
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• How to grow via premiumisation

  05-07-2019 02:00
  This month’s Admap looks at how brands can grow via premiumisation. Having a premium offer within the portfolio is an important way for brands to drive sales growth...
  
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• Confidence remains high in the US and China

  05-07-2019 02:00
  Consumers in the US and China are among the most optimistic in the world, despite ongoing trade tensions between the two countries, a new global survey has revealed.According to the latest
  
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