Sales & Marketing news

• As Trump's trade war escalates to 'new heights,' Wall Street warns investors are in for more whiplash

  24-08-2019 17:08 via feedproxy.google.com
  Market strategists across asset classes are warning investors the turbulence that's proliferated in recent weeks will rage on as President Donald Trump's trade war with China enters new territory.
  Referring to the US dollar's strength, one foreign-exchange strategist told clients: "More losses are likely in the coming week as investors and central banks grow more concerned about recessions."
  The escalation comes as stock investors are dealing with the fallout from an inverted yield curve, a sign
  
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• Uber and Lyft drivers reveal the hardest parts of their jobs (UBER, LYFT)

  24-08-2019 16:03 via feedproxy.google.com
  We asked Uber and Lyft drivers the hardest parts about working for the ride-hailing platforms. 
  As you might expect, sitting for long hours, and not having any coworkers for juicy office gossip can get old. 
  Drivers also have a unique vantage point to the city that other workers might miss. Here's what they said. 
  Visit Business Insider's homepage for more stories.On the surface, driving for Uber and Lyft is relatively simple: just pick someone up and take them to their destinatio
  
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• KKR hiring college seniors; Deutsche Bank's new power structure

  24-08-2019 14:45 via feedproxy.google.com
   
  Hi, readers.
  I'll keep things short this week, since we're reaching peak vacation season and finance news is probably not top of mind right now.
  This week we had a really fun wealth-management story, in which we asked a handful of top wealth advisers about the most out-there requests they've gotten from their rich clients. Answers ranged from assisting in a personal-butler search to difficult situations like figuring out how to manage risks after an accident.
  Why does this matter? The poo
  
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• Here's how WeWork answered the 5 biggest questions about its business — and why analysts are still worried about its upcoming IPO

  24-08-2019 14:45 via feedproxy.google.com
  Analysts and potential investors have had some big questions about WeWork. They now have some answers.
  In its public offering paperwork that it released last week, WeWork addressed many of those questions.
  One of the sections in the document was entitled "Expected Resilience in a Downturn."
  But the company's answers didn't necessarily provide a lot of reassurance to its skeptics; many analysts instead found reasons in WeWork's IPO paperwork to be even more skeptical of the company than before.
  "
  
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• A steadfast VMware bear says that the $4.8 billion it's spending on big acquisitions doesn't change its stagnating growth: 'We still have concerns' (VMW, DELL)

  24-08-2019 14:20 via feedproxy.google.com
  VMware confirmed the speculation that it was buying its sister company Pivotal — and surprised Wall Street street by announcing a second multi-billion acquisition of Carbon Black, as well. 
  The Pivotal deal is valued at $2.7 billion, and the Carbon Black deal is valued at $2.1 billion.
  Often when a billionaire has total control over multiple companies and one of his companies buys another when it hits a rough patch, it's not a good sign. In this case, there are some good reasons for V
  
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• Here are the 5 biggest winners and losers of corporate earnings season

  24-08-2019 14:05 via feedproxy.google.com
  Earnings season is coming to a close, and Markets Insider took a look at some of the biggest winners and losers from the most recent reporting cycle. 
  Corporate earnings have been in focus over the last few weeks as investors have been presented with mounting signs of slowing global growth. 
  Analysts were also looking to measure the impact of the US-China trade war on sales, corporate investment, and margins. 
  Here are the 5 of the biggest winners and losers from second-quarter ea
  
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• Investors have been plowing money into bitcoin since the start of the US-China trade war

  24-08-2019 12:47 via feedproxy.google.com
  Many investors have bought gold, a conventional haven asset, as the US-China trade war continues to weigh on global growth and market sentiment.
  People also plowed money into bitcoin during key moments in the trade war, according to eToro data.
  Trading of bitcoin surged 140% during these key moments.
  However, the cryptocurrency remains much more volatile than gold. 
  View Markets Insider's homepage for more stories. 
  Investors appear to be treating bitcoin as a haven asset similar to go
  
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• One market expert says flashing recession signals mean 3 years of negative returns for stocks — but he has a strategy that could still make investors a killing

  24-08-2019 12:05 via feedproxy.google.com
  Cam Harvey — partner and senior advisor at Research Affiliates — ran an analysis averaging stock-market returns for the three years preceding the past seven yield curve inversions. He also did the same for the three-year periods afterwards.
  An inversion of the two- and 10-year yield curve has preceded every recession since 1950.
  Harvey advocates for an allocation to value stocks after such an inversion, and backs up his call with hard data.
  Click here for more BI Prime stories.It's
  
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• 'It was joking. We were all smiling': Trump said he was being sarcastic when he looked up to the sky and said 'I am the chosen one'

  24-08-2019 06:30 via feedproxy.google.com
  President Donald Trump said he was joshing when he abruptly looked at the sky and uttered the phrase "I am the chosen one" earlier this week.
  "It was sarcasm," Trump told reporters and he headed to Joint Base Andrews for his trip to the G-7 summit in France.
  Earlier on Wednesday, Trump discussed the tenuous trade war with China and bemoaned to reporters that it wasn't "my trade war."
  Visit Business Insider's homepage for more stories.President Donald Trump on Friday evening said he was joshing w
  
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• 4 ways Hasbro, Mattel, and other toy companies were whacked by Toys R Us' bankruptcy

  24-08-2019 03:23 via feedproxy.google.com
  The bankruptcy of Toys R Us and closure of hundreds of its stores dealt a heavy blow to the nation's biggest toymakers.
  Losing one of their biggest customers weighed on sales and profits, shrunk their distribution, and saddled them with unpaid orders.
  Watch Hasbro, Mattel, Spin Master, and Jakks Pacific trade live.The bankruptcy of Toys R Us in September 2017 and closure of hundreds of the toy retailer's stores dealt a heavy blow to the nation's biggest toymakers.
  Hasbro, Mattel, Spin Master, an
  
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• Tech's elite gathered in San Francisco for 2 days of startup pitches, and it revealed the strange way Silicon Valley is grappling with its misgivings over Saudi money

  24-08-2019 02:07 via feedproxy.google.com
  At Y Combinator's annual pitch competition Demo Day, hundreds of investors come to San Francisco to hear from the accelerator's latest group of founders.
  Three teams from Northern Africa or the Middle East presented to investors, pitching localized services like food delivery for underserved markets like Iraq and Egypt.
  Many investors, however, expressed concern investing in companies from another country in the region, Saudi Arabia, as concern mounts over the government's human rights abuses.
  T
  
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• Wall Street wasn't expecting much from Salesforce earnings, but its results and its $15.7 billion Tableau acquisition proved them wrong (CRM)

  24-08-2019 01:32 via feedproxy.google.com
  Analysts say Salesforce's stock had been slowing down, but Salesforce brought good news when it announced earnings.
  Analysts are optimistic about Salesforce's $15.7 billion acquisition of Tableau.
  They say that although Salesforce's organic growth is slowing down, its acquisitions will diversify it product base. 
  Click here for more BI Prime stories.Before Salesforce announced earnings this week, analysts tell Business Insider that Wall Street was getting nervous about its core business.&nb
  
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