Sales & Marketing news

• LIVE: Here come Amazon's Q2 earnings (AMZN)

  25-07-2019 21:38 via feedproxy.google.com
  Wall Street is expecting Amazon to report another standout quarter on Thursday.
  The e-commerce giant will announce its second quarter results after the market closes. Analysts polled by Bloomberg are expecting the company to report that its revenue jumped 18% from the same period a year earlier and its earnings per share by 10%.
  Wall Street is expecting that, once again, Amazon Web Services, the company's cloud computing business, will help drive its results. On average, analysts have forecast
  
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• Millennials have made mega-cap tech stocks the kings of the market. But one expert says the party is almost over, and warns of a vicious reckoning.

  25-07-2019 20:45 via feedproxy.google.com
  Vincent Deluard, the director of global macro strategy at INTL FCStone, sees a stark resemblance between millennial-adored stocks and the "Nifty Fifty" holdings of the 1960s — a comparison that should have investors worried.
  He breaks down why he thinks the market's elite FAANG stocks — Facebook, Amazon, Apple, Netflix, and Google/Alphabet — have peaked, referring to them as "generational."
  Click here for more BI Prime stories.Millennials have a reputation for ruining everythin
  
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• Amazon requires police departments to advertise Ring home security products to residents in return for free Ring cameras (AMZN)

  25-07-2019 20:33 via feedproxy.google.com
  A secret agreement between Amazon's Ring smart home security company and a Florida police department requires officers to advertise Ring products in return for free Ring doorbell cameras, which can be handed out to local residents for free. 
  It was previously reported that some police departments would only hand out free Ring cameras to residents if they allowed police to informally request surveillance footage, which usually requires a formal warrant. 
  Visit Business Insider's ho
  
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• Democratic presidential candidate Tulsi Gabbard is suing Google for temporarily shutting down her campaign's ability to advertise (GOOG, GOOGL)

  25-07-2019 20:00 via feedproxy.google.com
  Democratic presidential candidate Tulsi Gabbard is suing Google after the company temporarily suspended her campaign from advertising on the site in late June. The New York Times reported that Gabbard has filed a federal lawsuit against Google, after the tech giant shut down her campaigns ability to run advertisements for six hours between June 27th and June 28th.
  The presidential hopeful and her campaign are seeking an injunction against Google for further interference in the election, as
  
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• Flooding in Mississippi is devastating farmers in the worst disaster since 1927. See what it looks like on the ground.

  25-07-2019 19:55 via feedproxy.google.com
  Much of the Mississippi Delta has been submerged under feet of water for months. At the flooding's peak, water spread in an area over twice the size of New York City.
  Storms, like Hurricane Barry, have exacerbated the flooding. Some farmers told us that recent storms have caused waters to rise even further.
  Farmers in the area aren't able to plant in their flooded fields, forcing them to delay planting crops in an already difficult year because of the trade war with China.
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• Trump vowed to pay off the national debt in 8 years. But he’s touting a budget deal that would raise spending by more than $300 billion.

  25-07-2019 19:49 via feedproxy.google.com
  President Donald Trump has blasted bipartisan politicians for failing to address the federal debt and repeatedly vowed to eliminate it within eight years.On his watch, it has exploded to more than $22 trillion. 
  The president has made clear his support for the federal budget deal reached Monday, which would increase spending by billions against a backdrop of lower tax receipts.
  Visit Markets Insider for more stories.
  President Donald Trump has blasted bipartisan politicians for failing to a
  
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• Southwest plans to stop flying from Newark Airport and is yanking the 737 Max from its schedule until 2020 (LUV)

  25-07-2019 19:30 via feedproxy.google.com
  Southwest announced that it would pull the Boeing 737 Max from its schedule until January 5, 2020, later than any other US airline to date.
  The airline also said it plans to stop flying to Newark Liberty International Airport from November 3 onward, consolidating its New York flights to LaGuardia.
  Southwest has more 737 Max aircraft than any other US airline at 34, and was supposed to receive 41 more in 2019.
  Visit Business Insider's homepage for more stories.Southwest Airlines announced on Thur
  
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• Over a million retail workers lost their jobs over the past decade, but Wall Street might be just as much to blame as the retail apocalypse

  25-07-2019 19:15 via feedproxy.google.com
  A study published in a Wednesday report found that more than 1 million retail workers lost their jobs in the past decade at companies owned by private equity firms and hedge funds.
  The report alleges that "Wall Street executives exploit gaps in laws and regulations, and lucrative loopholes, to amass huge profits at the expense of working people and local communities."
  The study's authors urge legislative action to protect workers they said were in danger of facing the chopping block in the near
  
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• Deutsche Bank reportedly just lost $20 billion in balances to one of its rivals (DB)

  25-07-2019 18:45 via feedproxy.google.com
  London-based Barclays has lured hedge-fund clients with $20 billion worth of balances from Deutsche Bank, according to reports from Reuters and CNBC. 
  Goldman Sachs and JPMorgan were also trying to convince Deutsche Bank's clients to jump ship, CNBC reported, citing sources with knowledge of the matter. 
  The embattled German lender announced earlier this month that it was exiting the equities-trading business and cutting 18,000 jobs as part of a major restructuring. 
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• PayPal falls after earnings as eBay phases it out 'faster than expected' (PYPL)

  25-07-2019 17:31 via feedproxy.google.com
  Shares of PayPal fell as much as 6.5% Thursday after the company lowered its yearly revenue estimate and announced delays in key product integrations.
  The company faces headwinds from an accelerated phase out of its platform on eBay. The decoupling of the two companies is coming "faster than expected" and further emphasizes PayPal's need for new partnerships, according to a digital payments analyst.
  Venmo, a subsidiary of PayPal, saw 70% growth in payment volume year-over-year. The company expec
  
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• Buzzy digital health startup Livongo surged more than 50% in its stock market debut as the 3-year digital health IPO drought comes to an end (LVGO, HCAT)

  25-07-2019 17:27 via feedproxy.google.com
  Digital health company Livongo started trading Thursday under the ticker "LVGO."
  The company surged more than 50% in its first few minutes of trading on Thursday, after pricing its shares at $28 apiece.
  The IPO valued the company at about $2.5 billion.
  Livongo's offering is part of a wave of digital health companies entering the public markets after a three-year drought. 
  Visit Business Insider's homepage for more stories.Livongo, a company that uses technology to help take care of patients
  
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• Getting WeChat mini-programmes right for marketing in China

  25-07-2019 17:10 via warc.com
  WeChat is an app on a scale that Western markets struggle to imagine - so big that a host of mini-apps has sprung up in its ecosystem. Hot Pot China's Jonathan Smith explores how brands have succeeded.
  
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• All eyes are on Starbucks' earnings as multiple fast-food restaurants smash expectations (SBUX)

  25-07-2019 17:02 via feedproxy.google.com
  Starbucks is the latest fast-food restaurant expected to post an earnings win after Chipotle and Darden Restaurants, which owns Olive Garden, beat expectations.Starbucks will report its third-quarter results after the market close on Thursday. 
  The coffee chain has focused on growth in the US and China, and boosting traffic to its stores. 
  Watch Starbucks trade live on Markets Insider. 
  Fast-food restaurants are having a moment. 
  Chipotle soared to a 52-week high after it rep
  
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• Tesla's business is a mess — but it's actually not that much different from every other car company (TSLA)

  25-07-2019 16:59 via feedproxy.google.com
  Tesla posted a bigger-than-expected second-quarter loss, even though it sold a record number of vehicles.
  Tesla is a mess, but so are most car companies — we just don't notice because they're all so old and large.
  On the positive side, attention has shifted away from Tesla's demand questions and talk of bankruptcy has died off; the focus is now rightly on paths to profits.
  However, profitability might not be Tesla's best option at this point.
  Visit Business Insider's homepage for more stor
  
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• Tesla's path to profitability looks shakier than ever. Here's what Wall Street had to say about the company's disastrous quarter. (TSLA)

  25-07-2019 16:54 via feedproxy.google.com
  Share's of Tesla plummeted as much as 15% on Thursday after the electric-car manufacturer reported second-quarter earnings that missed Wall Street expectations. 
  Tesla reported a bigger loss than analysts predicted, reigniting concerns about the company's ability to turn a profit.
  The company also announced the departure of Chief Technology Officer JB Straubel during its earnings call on Wednesday.
  Here's what Wall Street analysts are saying about Tesla's difficult road to profitability.&nb
  
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• Tesla's earnings shocker just wiped out $7 billion of market value — and 'things could unravel quickly' for Elon Musk

  25-07-2019 16:41 via feedproxy.google.com
  Tesla's shares crashed on Thursday, falling as much as 15% after its second-quarter earnings report on Wednesday.
  Earnings per share and total revenue missed analysts' expectations.
  "There's only so long that investors will tolerate it," one analyst said, adding that "investors need to be very patient or I feel things could unravel quickly for Musk."
  Watch Tesla trade live.
  Tesla had an earnings shocker on Wednesday evening, as the company missed expectations on revenue and earnings, sending its
  
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• Ford slides after a disappointing earnings report highlights its struggles in China (F)

  25-07-2019 15:50 via feedproxy.google.com
  Ford reported second quarter earnings Wednesday that fell short of analyst expectations. 
  Shares slid 7% in early trading on the news. 
  The company continues to struggle in China, seeing sales declines much larger than the broader market. 
  The company is in the midst of a massive $11 billion restructuring led by CEO Jim Hackett. The company will focus on its profitable line of pickup trucks as well as autonomous and electric vehicles in the transformation. 
  Watch Ford trade l
  
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• Samsung's wildly ambitious $2,000 folding phone that was breaking on people after days of use is finally set to arrive in September — here's the whole saga so far

  25-07-2019 15:26 via feedproxy.google.com
  Samsung is the first major smartphone maker to launch a foldable smartphone, the Samsung Galaxy Fold.The ambitious $2,000 device was first shown off as a prototype in late 2018, and detailed in early 2019. But when reviewers got the Galaxy Fold in April, several broke.Samsung pushed back the release date of the device just days before launch, and pre-orders were cancelled. Months later, it still didn't have a release date.
  The device is now expected to arrive at some point in September, Samsung
  
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• The maker of Invisalign plunges on weak earnings as fewer North American teens need teeth straightening (ALGN)

  25-07-2019 15:12 via feedproxy.google.com
  Align Technology shares plummeted roughly 20% in early trading Thursday after the company's Invisalign product didn't sell as well as anticipated in the second quarter.
  The company attributed the drop to "a more crowded competitive environment" for young adults in North America and slowed growth in China.
  Align's CEO said North American sales are already recovering in July as doctors return to Invisalign after trying competing products.
  Watch Align trade live here.
  Invisalign-maker Align Technol
  
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• Warren Buffett's lunch with crypto whiz kid Justin Sun has sparked conspiracies, public apologies, and arrests in China

  25-07-2019 14:38 via feedproxy.google.com
  Warren Buffett's annual charity lunch has sparked conspiracy theories, public apologies, and arrests on the other side of the world.
  "It has produced a lot of consequences that I completely did not expect," Justin Sun, the crypto entrepreneur who shelled out $4.6 million to dine with Berkshire Hathaway's boss only to postpone three days before the meal, said in a groveling public apology on Weibo.
  Sun's rescheduling fueled rumors that he was being held by Chinese authorities over claims of
  
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• Upday is making a profit and planning for the future

  25-07-2019 01:22 via warc.com
  Axel Springer’s news aggregator app, Upday, which comes pre-installed on Samsung devices, is now turning a profit and developing an enhanced ad offer.Upday is essentially an RSS feed with certain criteria that publishers must meet before...
  
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• Tackling the patriarchy pays off for the Times of India

  25-07-2019 01:22 via warc.com
  An inclusive campaign addressing the exclusion of many women from Kolkata’s largest festival helped change the perception of the Times of India in West Bengal.The Times of India is the country’s largest English language newspaper, but...
  
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• Netflix offers mobile-only option in India

  25-07-2019 01:22 via warc.com
  Netflix is making a big play for Indian audiences with yesterday’s launch of a cheap, mobile-only subscription plan that has also been tested in Malaysia.“Our members in India watch more on their mobiles than members anywhere else in...
  
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• K Group taps motivation-based customer segments

  25-07-2019 01:22 via warc.com
  K Group, the Finnish retailer, has created motivation-based customer segments to help it understand why consumers choose to shop in its stores over those of its rivals.Despite owning a wealth of consumer information, collected from 3.6 million...
  
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• Creativity and the evolution of the customer experience

  25-07-2019 01:22 via warc.com
  Four fifths of senior marketers around the world believe that creativity will be critical to transforming both customer experience and business overall, but a new study finds that less than half will focus investment here in the year ahead.In a...
  
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• B2B brands face 'experience revolution'

  25-07-2019 01:22 via warc.com
  Business-to-business (B2B) brands are facing an “experience revolution” that is being driven in no small part by the superior interactions delivered by consumer-focused players like Amazon and Starbucks.Jamie Cleghorn, a Chicago-based...
  
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• Alibaba deepens its North American B2B offer

  25-07-2019 01:22 via warc.com
  Alibaba has opened access to its B2B marketplace to small- and medium-sized businesses (SMBs) in North America, alongside new features to support the onboarding and marketing efforts of new suppliers, or sellers, on the site.The B2B unit is...
  
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• Using Retail Pro mobile POS to connect with customers on the sales floor

  25-07-2019 01:16 via retailpro.com
      How does going mobile help you understand your customers? It frees your sales associates from the cash wrap so they can more meaningfully engage with shoppers on your sales floor and learn about them! There is no better …
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