SAN FRANCISCO — Last October, AngelList, a company that helps tech start-ups raise money and hire employees, held an office retreat. In the Hollywood Hills, far from Silicon Valley, the firm’s mostly male staff mingled poolside with bikini-clad women who had been invited to the event. Before the afternoon was over, Babak Nivi, a founder […]
Read moreAmazon is testing its own meal kit on a limited basis in Seattle, and we got our hands on one. So we decided to unbox, cook and eat it alongside a similar kit from Blue Apron, which is available in 48 states. We tried catfish tacos from Amazon and catfish fillets from Blue Apron. Disclaimer: […]
Read moreWhen Jim Cramer first started out in trading, he didn’t like rules. He believed that either they couldn’t really help, or they would cut his upside and prevent him from making more money. After getting burned too many times, he learned the value of discipline. “The rules protect you against your own bad judgment about […]
Read moreSAN FRANCISCO — Female start-up founders who have come forward with stories of unwanted physical contact and repeated propositions for sex by venture capitalists have received a wave of support from Silicon Valley. But not from everyone. There’s talk of witch hunts and fake news as the resignations of Justin Caldbeck and Dave McClure have […]
Read moreAhead of Google parent company Alphabet‘s quarterly earnings report next week, one trader says he’s watching for the company’s report as a bellwether for technology stocks. “So much of their revenue is based on advertising, and that is so important for the tech industry. So we know that, if ad dollars are flowing to Google, […]
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Traders are betting on even calmer stock markets as the S&P 500 persistently climbs higher. The CBOE Volatility Index (.VIX), known as the best gauge of fear in the market, fell Friday to 9.3, its lowest since December 27, 1993, when the VIX hit a low of 8.89. Market analysts noted the decline in the […]
Read moreThe Federal Reserve’s midweek meeting — coupled with a marquee list of corporate earnings reports — could make the week ahead among the most important of the summer. There are also several key economic reports, with the biggest being second-quarter GDP Friday, now expected at 2.5 percent. The Fed is not expected to take any […]
Read moreBy some measures, technology stocks are doing better now than any time since the dotcom boom. Alphabet and Facebook are no exception. Both stocks hit all-time highs this summer, and both have risen more than 30 percent over the past year. It’s no surprise, then, that 86 percent of analysts listed by FactSet have a […]
Read moreAfter the first of the “FANG” quartet surged this week on a strong quarterly earnings report, some strategists are forecasting further upside for another member of the FANG gang reporting next week: Amazon. Netflix handily beat its earnings expectations and membership forecasts when it reported earnings Monday, pushing the stock to all-time highs. Amazon is […]
Read moreMorgan Stanley’s chief U.S. equities strategist, Mike Wilson, said Friday he was feeling “very good” ahead of the upcoming earnings week, noting that strong fundamentals have been carrying the markets throughout the year. “This is what we’ve been waiting for,” Wilson said on CNBC’s “Halftime Report.” “These are the best fundamentals we’ve seen since the […]
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