Sales & Marketing news

• A hedge fund manager who dominated the last financial crisis posted a 26% loss during March's violent sell-offs, new report says

  21-04-2020 21:45 via feedproxy.google.com
  East Lodge Capital founder Ali Lumsden was among the few to post huge gains during the financial crisis, but his main fund slipped 26% in March amid the coronavirus pandemic, Bloomberg reported Tuesday.
  The hedge fund focuses on securitized credit positions, a corner of the market particularly battered by the virus and related business closures. As revenue streams dry up, risk of companies defaulting on credit soars.
  Lumsden posted a 73% gain during the last recession by betting against the
  
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• LIVE: Netflix reports Q1 earnings as streaming TV viewership surges (NFLX)

  21-04-2020 21:22 via feedproxy.google.com
  
  Netflix will kick off media-earnings season today, when it reports after the bell its financial results for the first quarter of 2020.
  The streaming giant has been a bright spot in the media sector in recent weeks, as social-distancing practices threaten other media operations like theme parks, theatrical releases, and TV and film productions.
  Third-party data suggests Netflix's viewership was strong during the first quarter, as people spent more time at home. 
  Netflix's report will show wh
  
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• Gold prices will nearly double to a record $3,000 as central banks fuel 'financial repression,' Bank of America says

  21-04-2020 20:49 via feedproxy.google.com
  Gold will rally 80% over the next 18 months as central bank stimulus and economic turmoil drives record interest, Bank of America forecast in a Monday note.
  Monetary authorities are spending trillions of dollars to keep economies above water. The widespread spending will place incredible pressure on currencies, the bank's analysts said, in turn pushing investors to gold and its scarcity.
  There's still plenty of room for investors to pile into the metal, the bank added. Positioning "has been surp
  
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• Here's what 4 analysts are saying ahead of Netflix's quarterly earnings — the first to show the impact of coronavirus (NFLX)

  21-04-2020 20:47 via feedproxy.google.com
  Netflix reports first quarter earnings on Tuesday. 
  It is one of the first earnings releases that will show the impact of the coronavirus pandemic and US lockdowns on the streaming platform. 
  Here's what four analysts have to say about Netflix ahead of the earnings report. 
  Watch Netflix trade live on Markets Insider.
  Netflix is set to report its first quarter earnings Tuesday, one of the first releases to show the impact of the coronavirus pandemic on the streaming platform. 
  
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• Oil's record-setting plunge spreads as June contracts fall 47%

  21-04-2020 19:46 via feedproxy.google.com
  Crude oil for May delivery emerged from negative territory on Tuesday, a day after hitting its lowest-ever level. 
  WTI crude oil futures expiring in May traded as low as -$16.74 a barrel on Tuesday before flipping positive. The contract climbed to $8.10 a barrel at its intraday peak.
  Overall selling pressure seeped into WTI crude contracts for June, which fell as much as 47%, to $10.92 a barrel. Brent crude slid 29%, to $18.10 at intrasession lows.
  Oil demand has evaporated in recent weeks,
  
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• From Microsoft to Home Depot, Stifel says these stocks are poised to surge in the coronavirus aftermath

  21-04-2020 19:25 via feedproxy.google.com
  
  The coronavirus pandemic has sent a jolt through the global economy, essentially shutting down businesses both large and small.
  While uncertainty remains high during this time of crisis, analysts at Stifel tried to assess which companies are best positioned to thrive in a post-coronavirus world.
  From Home Depot to Microsoft, here are the stocks that are best positioned to thrive once the coronavirus is past, according to Stifel.
  Visit Business Insider's homepage for more stories.With the coronav
  
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• The Trump administration is seizing on the coronavirus pandemic to roll back business regulations as it pushes to reopen the economy

  21-04-2020 19:20 via feedproxy.google.com
  
  The Trump administration is gearing up to slash business regulations in a bid to restart the economy, The Post reported.
  It's seizing on the coronavirus pandemic to achieve some of its longstanding deregulatory goals in labor and environmental policy, as well as healthcare.
  The effort could be launched in late April or early May, but it's likely to trigger criticism from Democrats and many economic experts.
  Visit Business Insider's homepage for more stories.The Trump administration is gearing up
  
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• A Stanford economist says we're headed for a crisis worse than the Great Depression. Here's his plan for getting people back to work and spending on businesses.

  21-04-2020 19:15 via feedproxy.google.com
  
  The Federal Reserve Bank of St. Louis estimates that the unemployment rate could reach 32%, the highest level ever recorded this summer. 
  Stanford economist Matthew Jackson told Business Insider that if that happens, the US will need significant government action in the form of a "New New Deal," or a series of programs to help combat unemployment and lack of consumer spending. 
  Jackson's proposal references President Franklin D. Roosevelt's New Deal, which was a series of government pr
  
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• The battered $700 billion US energy industry is now worth roughly half of Microsoft amid oil's record plunge

  21-04-2020 19:11 via feedproxy.google.com
  The S&P 1500 energy sector is now worth about $700 billion, roughly half of Microsoft's $1.4 trillion market value, a development first reported by Bespoke Group on Monday.
  The US energy sector has shed hundreds of billions in market value as the price of oil has plummeted this year.
  On Monday, oil contracts expiring in May fell into negative territory for the first time ever, dragged down as the coronavirus pandemic tanks global demand.
  Technology companies, on the other hand, have outperfo
  
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• An expert at Boyar Research lays out the Warren Buffett-inspired investing approach that's helped the firm crush the market for 7 years — and offers 4 stock picks for a coronavirus-battered market

  21-04-2020 18:58 via feedproxy.google.com
  
  Jon Boyar, the president of Boyar Research, employs a methodology to his stock-selection process that borrows heavily from Warren Buffett's strategy.
  Stocks profiled by Boyar Research have outperformed the broader market by 6.9% on an annual basis over the past seven years.
  Today, Boyar sees plenty of opportunities in stocks that have been battered by an indiscriminate coronavirus-induced sell-off.
  Click here for more BI Prime stories.When Jon Boyar, the president of Boyar Research, looks to buy
  
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• Goldman Sachs talked to more than 100 investors about the historic oil market meltdown. Here are their top 5 questions — and what the firm thinks about each one, from dividends to the prospects for oil stocks.

  21-04-2020 18:41 via feedproxy.google.com
  
  US crude oil traded in the negative double-digits on Monday for the first time in history, as contracts for oil to be delivered in May neared their expiration date. 
  A collapse in global demand for oil wrought by the coronavirus pandemic has been forcing prices into the ground since March. 
  Since oil started tanking, Goldman Sachs analysts have talked with more than 100 investors and answered five of their most pressing questions. 
  The questions range from what happens to dividend
  
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• The US faces a double-dip coronavirus recession, according to veteran emerging markets investor Mark Mobius

  21-04-2020 18:35 via feedproxy.google.com
  
  Mark Mobius, founding partner of Mobius Capital Partners, thinks the economy will recover from the coronavirus toll but sees the potential for another round of pain.
  In an interview with MarketWatch on Monday, Mobius said he suspects the stock market will witness a W-shaped recovery.
  Mobius is "very optimistic" that the markets will bounce back in the long-term after creating "incredible bargains."
  He believes that ESG standards will come "roaring back" as a result of the coronavirus crisis.
  Vis
  
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• Dow tumbles 600 points as oil's historic plunge worsens

  21-04-2020 18:32 via feedproxy.google.com
  US stocks slid further on Tuesday as oil continued to trade below $5 a barrel.
  West Texas Intermediate crude contracts expiring in May traded as low as -$16.74 a barrel on Tuesday before trading at $4.25 around midday. June contracts slipped as much as 42%, to $11.89, amid the turbulence.
  Stock futures erased premarket gains after reports said the North Korean leader Kim Jong Un was in critical condition following surgery.
  Watch major indexes update live here.
  US stocks plummeted on Tuesday amid
  
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• Why the price of oil is continuing to free-fall after a historic supply cut — and when experts think it may finally reach rock bottom

  21-04-2020 18:29 via feedproxy.google.com
  
  A coalition of oil-producing countries known as OPEC Plus reached a historic deal to cut production by nearly 10 million barrels per day earlier this month. Other countries have also agreed to curb supply.
  But as the market has shown, even steep cuts to supply won't prevent the price from free-falling. On Monday, near-term contracts for US crude oil went negative for the first time in history. 
  In recent reports, several Wall Street analysts explain that supply cuts won't prevent storage ta
  
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• A popular $3.7 billion oil ETF plunges 20% as crude prices hit historic lows

  21-04-2020 18:27 via feedproxy.google.com
  United States Oil Fund shares slipped as much as 20% on Tuesday after a trading halt and continued pressure on the oil market.
  The ETF's manager, USCF, said in a regulatory filing it issued the last of USO's registered shares and required SEC approval to create 4 billion more.
  The vehicle's connection to oil prices is now in jeopardy, as shares will exclusively trade on the secondary market and can't be created to water down prices.
  Watch USO trade live here.
  United States Oil Fund, a popul
  
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• A top strategist for JPMorgan's $2 trillion asset-management arm shares his 4-part strategy for a coronavirus recovery — and breaks down a surprising bond-market bet

  21-04-2020 18:12 via feedproxy.google.com
  
  John Bilton, the head of global multi-asset strategy for JPMorgan's $2 trillion asset-management business, broke down how investors should build their portfolios for an eventual economic recovery.
  Bilton and his firm think it's going to take a little more than a year for the global economy to get back to where it was a couple of months ago and are taking a careful approach for that reason. 
  He explained how investors could tweak his recommendations if they're more bullish or bearish than he
  
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• Trump wants to provide emergency aid for energy companies as a historic sell-off sends prices to record lows

  21-04-2020 18:09 via feedproxy.google.com
  
  Trump pledged federal aid for the oil and gas industry a day after a historic sell-off that threw oil prices into negative territory.
  "We will never let the great US oil and gas industry down," he wrote in a tweet.
  Details of the plan were not immediately clear, though the president previously promised the federal government would help revive the embattled sector.Visit Business Insider's homepage for more stories.President Trump ordered his administration on Tuesday to provide an emergency lifel
  
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• Global oil prices could 'chase' US crude below $0 if demand for fuel doesn't pick up, analysts fear

  21-04-2020 17:57 via feedproxy.google.com
  
  Brent crude slid below $20 a barrel to $16.59 on Tuesday morning, after US oil caused immense confusion around the world as to how and why prices could go negative.
  "If global storage worsens more quickly, Brent could chase WTI down to the bottom," Citi analysts told the Financial Times.
  In theory, a $0 oil price would imply that producers discontinue production but in practicality, it is more economic to pay someone to take the crude instead of shutting the well, a crude oil market analyst said
  
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• The price of US crude oil just went negative for the first time. Here's what that really means and why it's not free to fill up your car.

  21-04-2020 17:48 via feedproxy.google.com
  
  For the first time, near-term contracts for US crude oil traded negative on Monday, settling at about minus $38 a barrel.
  The coronavirus pandemic has cratered demand for fuels like gasoline, dragging demand for oil down with it. Storage tanks around the world are quickly filling up as a result.
  With nowhere for oil to go, the price is tanking into the red. That means traders and even producers may actually pay people to take their oil.
  Visit Markets Insider to view the latest on oil prices
  
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• US existing home sales slumped the most since 2015 last month as coronavirus eroded demand

  21-04-2020 17:16 via feedproxy.google.com
  
  US existing home sales fell 8.5% in March to a seasonally adjusted annual rate of 5.27 million following a strong February, the National Association of Realtors said Tuesday.
  The month-over-month decline is the largest since November 2015. 
  "More temporary interruptions to home sales should be expected in the next couple of months, though home prices will still likely rise,"said Lawrence Yun, NAR's chief economist.
  Visit Business Insider's homepage for more stories. 
  Americans are hold
  
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• What COVID-19 means for the fledgling cannabis industry

  21-04-2020 01:06
  
  OrganiGram, a player in Canada’s fledgling cannabis industry, is optimistic that demand will stay robust during COVID-19, partly because consumers could be looking for affordable types of enjoyment and entertainment at home.
  
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• Pizza Hut's tips on getting CX right

  21-04-2020 01:06
  
  Customer experience can be a powerful differentiator for brands and is likely to become increasingly important in Asia Pacific where companies are finding it harder to compete on products and price alone, according to a senior Asia Pacific Pizza...
  
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• Four trends in media strategies

  21-04-2020 01:06
  
  The changing roles of influencers and artificial intelligence are among the trends identified in the WARC Media Strategy Report 2020, which highlights key themes for an effective media strategy.
  
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• Brits bored by low-quality social media content, says study

  21-04-2020 01:06
  
  UK consumers have had enough of rubbish social media content and want to spend less time scrolling through it, a new study claims.
  
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• Brands turn to influencers as lockdown continues in India

  21-04-2020 01:06
  
  As India enters its fifth week of a nationwide COVID-19 lockdown, social media use has rocketed, according to a new study, and with many marketing campaigns and product launches on hold, brands are looking to influencers to stay in touch with...
  
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