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Markets

Analysts react to Salesforce earnings: Q1 2020

Analysts say Salesforce is relatively safe from the impact of a tech cold war with China. Here's why they see strong growth opportunity for Salesforce

2019-06-06

Pivotal stock tanks 41% and Wall Street isn't sure it can recover

Pivotal reported guidance well below Wall Street's expectations. Here's why analysts called it a "disappointing start" and a "nightmare."

2019-06-06

Global stocks are rallying as traders see Fed comments as 'central banks to the rescue'

Asian and European stocks and US futures climbed on Wednesday after Fed Chairman Jerome Powell hinted a rate cut could be coming.

2019-06-05

Goldman Sachs says Uber's business model is one of its biggest risks

Goldman Sachs analysts are bullish on Uber — but they think the ride-hailing company's business model is a key risk in and of itself.

2019-06-05

The UK's best-known fund manager is blocking investors from withdrawing their money after catastrophic losses

Neil Woodford's flagship fund has shrunk by about 45% in the past year after 23 consecutive months of net withdrawals.

2019-06-04

Prices in Venezuela rocketed 130,000% last year

Venezuela's central bank released its first inflation data since 2015, showing the dismal state of the economy. GDP fell at least 10% for 11 quarters.

2019-06-03

Okta rises after Q1 FY2020 earnings and Wall Street is excited

A day after Okta reported earnings, its stock rose as high as 12%. Wall Street says its new products and acquisitions of ScaleFT and Azuqua will help.

2019-06-01

Facebook and Winklevoss twins in talks for cryptocurrency project

The social network discussed its planned digital coin with the bitcoin billionaires.

2019-05-24

Tesla stock price: Stats put stock plunge into perspective

Tesla just snapped its longest losing streak in nine months. These five statistics place its plunge into perspective.

2019-05-24

Urban Outfitters drops on flat sales after Trump tax cut 'sugar high'

Sales rose 1% last quarter after surging 12% over the same period last year. The CEO said shoppers last year were euphoric on tax cuts.

2019-05-22

Stocks are dipping as Trump's 'meddling' fuels market anxiety

European equities and US futures dipped on Thursday as anxious traders reacted to Trump's "haphazard" approach and disappointing economic data.

2019-05-16

Uber CEO sends reassuring email to employees after disastrous IPO

CEO Dara Khosrowshahi sent a letter to employees after Uber's messy IPO last Friday, comparing the road ahead to what Amazon and Uber faced post-IPO.

2019-05-14

Uber IPO: $40,000 driver reward is almost unattainable

Uber pledged to pay $40,000 to drivers who completed 40,000 trips, a target the average Uber driver would need 25 years to reach.

2019-05-10

LIVE: Uber is set to begin trading in one of the largest US IPOs on record

Uber, the ride-hailing giant, is set to begin trading on Friday in one of the largest US initial public offerings on record.

2019-05-10

Siemens stock is jumping after the industrials giant laid out plans to create a billion-dollar energy company

Siemens' stock rose 4.5% on its plans to combine its gas-and-power and renewable-energy businesses to create a separate, billion-dollar energy company.

2019-05-08

Ferrari beats on first-quarter earnings, stock surges

Ferrari confirmed its full-year targets after core earnings rose 14 in the first quarter, driven by a strong performance of its Portofino model.

2019-05-07

Charlie Munger is Warren Buffett's right-hand man — here are 18 of his most brilliant quotes

Billionaire investor Charlie Munger is vice chairman of Berkshire Hathaway. He's often shared his opinions on business, politics, and success.

2019-05-03

Warren Buffett recently invested in Amazon. It made him nearly $250 million before.

The legendary investor earned $246 million, a return of 84%, on a previous Amazon investment.

2019-05-03

Facebook is working on a secret plan — code-named 'Project Libra' — to build a cryptocurrency network

The social network reportedly plans to launch a digital coin that users can spend on and off its platform.

2019-05-03

Shake Shack shares just hit a 7-month high ahead of earnings

Shake Shack is scheduled to report first-quarter earnings results after the bell on Thursday.

2019-05-03
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