The trading environment is decidedly less exciting than it was during last year’s post-election rally, as JPMorgan Chase‘s chief financial officer points out. Revenue from sales and trading at the bank is running 15 percent lower so far in the fourth quarter compared to this point in the same period last year, Marianne Lake told […]
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When I travel, I want to be as comfortable as possible, whether it’s in the hotel, on a plane or in the car. I carry a lot of gadgets — my friends have even remarked that my hotel room is like stepping into a toy store — and many of these will help you travel […]
Read moreSnap CEO Evan Spiegel is painting a clearer picture of how the newly redesigned Snapchat plans to improve on the social feed algorithm, and it apparently has something to do with your work schedule. The new version of Snapchat will reorder a user’s friends list according to the time of day, ranking higher the friends […]
Read moreApple CEO Tim Cook‘s recent remarks at a conference in China are drawing criticism from U.S. senators, including one who worries that Apple is not fulfilling its “obligation to promote free expression and other basic human rights.” The comments have fanned the flames of a relationship that’s already facing scrutiny in Congress. Vermont Senator Patrick […]
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Investors need to be careful on small-cap names heading into 2018 despite better-than-expected performance this year, according to Jefferies. Though strategist Steven DeSanctis admits he was “way too conservative” with his 1410 Russell 2000 target, he isn’t necessarily changing his wary views. “We see another year of low returns for small with the Russell 2000 […]
Read moreThe continuing rapid ascent of global equities combined with rising interest rates has some financial analysts predicting inevitable recession in the near future. “We think the (Federal Reserve) will continue to tighten pretty steadily over the course of the next couple of years or so, but we’re starting to think that the end of the […]
Read moreSoon you won’t need to worry about running out of space on your new smartphone so quickly. Samsung said on Tuesday that it’s now mass-producing 512GB flash storage chips that will enable smartphone makers to launch new smartphones that provide users with extra space for movies, music and apps. By comparison, most smartphones today — […]
Read moreShares of the Snapchat’s parent company jumped more than 8 percent Tuesday, and CNBC’s Jim Cramer said it may finally be at a good level to buy. Cramer cited a note on Snap stock by investment bank Barclays, which upgraded the stock to overweight from equal weight and raised its price target to $18 a […]
Read moreSpotify released its annual list of the year’s top tracks, artists, and genres this morning, and, in the words of chief content officer Stefan Blom, “There is no doubt that 2017 was The Year of Ed Sheeran.” Oh, wow. Sheeran’s “Shape of You,” which is nominated for a Grammy for best solo pop performance, became […]
Read moreA start-up called Pilotworks wants to make it easier for food entrepreneurs to start a business, whether they seek to open a new restaurant, launch a catering empire, or formulate irresistible packaged snacks. Acre Venture Partners, the investing arm of Campbell’s Soup, has led a $13 million investment in Pilotworks with Techstars and others, hoping […]
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