Sales & Marketing news

• Facebook's stock price has had a rollercoaster year driven by an ad boycott, censorship controversies, and blockbuster results. Here are its biggest moves in 2020.

  03-07-2020 17:02 via feedproxy.google.com
  Facebook shares are seeing a steady fall as more advertising brands join a boycott movement against the social-media giant.
  The tech giant was one among the big few to perform comparatively well despite the storm of the pandemic, but its stock now tells us a different story.
  Markets Insider rounded up some of Facebook's big stock moves so far this year.
  Visit Business Insider's homepage for more stories.
  As the poster child of Silicon Valley success, Facebook is very rarely a company that avoids
  
  Read more

• These 6 charts from the June jobs report show how much the economy has recovered — and how much further it has to go

  03-07-2020 15:59 via feedproxy.google.com
  
  The June jobs report released Thursday from the Bureau of Labor Statistics showed that the economy added 4.8 million payrolls during the month, and that the unemployment rate declined to 11.1%.
  It marks the second month in a row that the nonfarm payrolls report has exceeded expectations. 
  Here are six charts that show how much the US labor market has rebounded so far in the pandemic recession recovery, and how much further there is to go before reaching pre-crisis levels. 
  Visit Busine
  
  Read more

• 'Capital markets are not free': Billionaire investor Ray Dalio says the Fed is boosting asset prices, valuation metrics don't apply, and the US dollar is at risk

  03-07-2020 15:54 via feedproxy.google.com
  Billionaire hedge-fund manager Ray Dalio said the Federal Reserve is boosting markets, conventional valuation metrics don't apply anymore, and the US dollar could lose its appeal in a Bloomberg interview on Thursday.
  "The capital markets are not free markets allocating resources in the traditional ways," the Bridgewater Associates co-chief said.
  Dalio also predicted that central banks' balance sheets will "explode," but argued the Fed needed to take sweeping measures because "the whole economy i
  
  Read more

• JPMorgan volatility traders raked in $700 million through June — 3 times what they brought in for all of 2019. Here's how they outpaced Goldman Sachs and Morgan Stanley on the hottest trade of the year.

  03-07-2020 15:19 via feedproxy.google.com
  
  Markets have produced bizarre and historic results in the first half of 2020, creating stark swings and diverging fortunes for traders.
  That's especially true in the world of equity derivatives and the traders that bet on volatility, where some investment funds have flamed out spectacularly while many Wall Street banks have minted hundreds of millions in revenues.
  JPMorgan Chase's flow volatility team has racked up $700 million in the first half of the year — nearly three times what it bro
  
  Read more

• Advertisement

• GOLDMAN SACHS: Buy these 13 stocks that are poised to crush the market within the next 2 weeks as earnings season gets underway

  03-07-2020 14:05 via feedproxy.google.com
  
  Goldman Sachs says stock liquidity remains historically low, and companies that stand out from their less liquid peers have been outperforming the market.
  Strategist Vishal Vivek has created a list of the 13 most liquid S&P 500 stocks and says they're likely to outperform as earnings season gets underway. 
  Earnings season will probably reflect the most severe economic damage wrought by the coronavirus pandemic, making it far less predictable than usual.
  Click here to sign up for our wee
  
  Read more

• Amateur day traders had a field day with Hertz. Now, Morgan Stanley says Avis stock could be next and skyrocket 65%. (AVIS, HTZ)

  03-07-2020 14:05 via feedproxy.google.com
  
  After Hertz filed for bankruptcy, its stock became a playground for day traders hoping to capitalize on the volatility. 
  The company's lawyers even cited the gains as reason to sell more potentially worthless stock. 
  Now, Avis could be next. Morgan Stanley upgraded the stock Thursday with an aggressive price target of $37.
  Visit Business Insider's homepage for more stories.With its competitor Hertz in bankruptcy, Avis Budget Group is primed to scoop up market share.
  That's great news f
  
  Read more

• Chinese stocks hit their highest level in 5 years, while Europe looks for direction with US markets closed for July 4th

  03-07-2020 13:52 via feedproxy.google.com
  Global markets were mixed Friday as investors seek direction with the US markets closed in observance of of the Fourth of July public holiday. 
  Chinese stocks hit a five-year high as stronger than expected PMI data out of the world's second biggest economy boosted sentiment.
  In Europe, stocks dropped a little, although there was no immediately apparent key driver to the moves.
  Liquidity was thin with few US investors online during the day.
  Visit Business Insider's homepage for more stories.
  
  Read more

• A handful of multi-strategy hedge funds posted huge gains in the first half this year, bucking the industry's trend of underperformance

  03-07-2020 13:33 via feedproxy.google.com
  Multi-strategy hedge funds have made massive gains in the first six months of the year aided by the Federal Reserve's efforts to prop up financial markets, according to the Financial Times. 
  The big winners were: Chicago-based Citadel Advisors, Izzy Englander's Millennium Management, and Dmitry Balyasny's Balyasny Asset Management.
  Their double-digit gains indicate that the pandemic caused a massive split between more prominent hedge funds and the smaller ones.
  Visit Business Insider's home
  
  Read more

• Advertisement

• Goldman Sachs says global oil demand won't rebound to pre-coronavirus crisis levels until at least 2022

  03-07-2020 11:43 via feedproxy.google.com
  Goldman Sachs predicts global oil demand will not return to pre-coronavirus levels until 2022 after a fall of 8% in 2020 and a rebound of 6% in 2021.
  Analysts said peak demand is unlikely this decade on the assumption that electric-vehicles will replace traditional modes in Europe, and a change in consumer behaviour reflected by a level shift down in business travel and commuting.
  Gasoline demand is expected to be the fastest to recover among oil products due to a transition in consumer behaviou
  
  Read more

• Chinese PMI hits highest level in a decade in latest sign that the world's 2nd largest economy is surging back

  03-07-2020 11:27 via feedproxy.google.com
  China's Caixin Services PMI hit its highest level in a decade in June as economic activity continues to pick up in the first country hit by coronavirus.
  The services PMI came in at 58.4, up from 55 in May.
  On Wednesday, the Caixin China manufacturing purchasing managers index rose to 51.2 compared to 50.7 in May.
  The services sector accounts for almost 50% of China's GDP, so it is the latest sign the country's economy is recovering from its coronavirus slowdown. 
  Visit Business Insider's ho
  
  Read more

• Twitch smashes viewership records

  03-07-2020 01:31
  
  New figures show that the Amazon-owned streaming service, Twitch, saw a massive increase in hours watched on its platform in Q2, cementing its place as the dominant video game streaming service.
  
  Read more

• Scott Galloway’s four stats on the future of e-commerce

  03-07-2020 01:31
  
  It’s been a volatile few months for e-commerce during the pandemic – here are four stats from NYU’s Professor Scott Galloway that point to its future.
  
  Read more

• Political ideology shapes reaction to LGBTQ images in ads

  03-07-2020 01:31
  
  Consumer responses to LGBTQ imagery in ads display a “homo-gender bias” that is heavily influenced by political ideology, according to a study published in the Journal of Advertising Research (JAR).
  
  Read more

• Home working boosts Puma

  03-07-2020 01:31
  
  Lockdowns across India and Southeast Asia have had a marked impact on consumption patterns at Puma, says the sportswear brand’s regional general manager.
  
  Read more

• Brands take stock of India’s TikTok ban

  03-07-2020 01:31
  
  Brands in India are reappraising their influencer marketing strategies in the light of the government’s banning of TikTok and 58 other Chinese apps.
  
  Read more

Follow @sales_mrktinguk on Twitter!