Markets > Industry

Spotify sinks 7% after Apple announces plans for podcasting subscription service

15 hours ago   |   Business Insider   |   2 articles

Reuters Spotify shares dropped as much as 7% on Friday after Apple announced it's in talks to start a new podcasting subscription service. The stock was already trading lower...
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A look at nonbank loans and the alternative lending industry business model in 2021

A look at nonbank loans and the alternative lending industry business model in 2021

18 hours ago   |   Business Insider

Summary List Placement Alt lenders' ability to leverage technology and provide more efficient lending services to the underserved is allowing them to penetrate the market and...
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Morning News: January 15, 2021

19 hours ago   |   Crossing Wall Street   |   2 articles

The UK Economy Is on the Brink of a Double-Dip Recession After It Shrank 2.6% in November Amid Surging COVID-19 Cases Unemployment Claims Rise Sharply, Showing New Economic...
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Diodes Incorporated Stock To Return To Early 2020 Levels?

1 day ago   |   Forbes   |   3 articles

Up a strong 137% since March, we believe Diodes Incorporated stock could see significant downside. Diodes, a semiconductor manufacturer catering to the consumer electronics...
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Friday: Retail Sales, Industrial Production, NY Fed Mfg, PPI

1 day ago   |   Calculated Risk

Friday: • At 8:30 AM ET, Retail sales for December is scheduled to be released. The consensus is for a 0.2% decrease in retail sales. • Also at 8:30 AM, The Producer Price...
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How major US stock indexes fared Thursday

1 day ago   |   Chron   |   3 articles

A late slide in several Big Tech stocks left major U.S. indexes lower Thursday, even as small-company stocks marched to another record high. The S&P 500 was weighed down by...
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Late drop in Big Tech stocks pulls indexes mostly lower

1 day ago   |   Chron   |   3 articles

Wall Street capped a day of listless trading Thursday with a late-afternoon pullback led by technology companies that left the major stock indexes in the red. The S&P 500 fell...
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At $6 billion Schonfeld Strategic Advisors, humans outperformed the machines in 2020 as the firm raised money for its stock-pickers

At $6 billion Schonfeld Strategic Advisors, humans outperformed the machines in 2020 as the firm raised money for its stock-pickers

1 day ago   |   Business Insider   |   3 articles

Summary List Placement In a reflection of the overall industry's 2020, the humans at $6 billion Schonfeld Strategic Advisors outperformed the machines. Schonfeld's $2.3 billion...
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5 consumer hardware VCs share their 2021 investment strategies

1 day ago   |   Tech Crunch

Consumer hardware has always been a tough market to crack, but the COVID-19 crisis made it even harder. TechCrunch surveyed five key investors who touch different aspects of...
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Here's what investors should focus on when JPMorgan and Citigroup kick off bank earnings Friday

1 day ago   |   CNBC

Analysts have turned bullish on the industry, hiking price targets on the anticipation that vaccines will allow for the reopening of the U.S. economy,
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Dow drops 200 points as traders mull Biden's stimulus plan and soft...

Dow drops 200 points as traders mull Biden's stimulus plan and soft retail-sales data

Summary List Placement US stocks sank on Friday as investors digested President-elect Joe Biden's stimulus plan and a December slump in retail sales. Biden rolled out a $1.9... Read more ...

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Summary List Placement Citigroup reported mixed fourth-quarter earnings on Friday that were hurt by weaker-than-expected fixed-income trading revenues. The bank reported... Read more ...

Playtika skyrockets 34% after raising $1.88 billion in IPO

Playtika skyrockets 34% after raising $1.88 billion in IPO

Summary List Placement Shares of Playtika soared as much as 34% on Friday, giving the mobile game-developer a valuation of almost $15 billion in its first day of trading on the... Read more ...

Bumble files to go public

Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder , plans to list its share on the Nasdaq... Read more ...

Bitcoin slides back below $35,000 as volatile trading week comes to a close

Bitcoin slides back below $35,000 as volatile trading week comes to a close

Summary List Placement Bitcoin slid on Friday as investors took profits from the volatile trading week. The cryptocurrency fell as much as 11%, to $34,409.04, at intraday... Read more ...

COO and cofounder of Southeast Asia's most valuable startup, Grab, shares...

COO and cofounder of Southeast Asia's most valuable startup, Grab, shares how the company grew from a ride-hailing service to a 'super app'

Chief Operating Officer and cofounder of Grab Grab Tan Hooi Ling is the cofounder of Grab, an 8-year old company now considered to be Southeast Asia's most valuable... Read more ...

These are the 4 big stock market implications of Joe Biden's upcoming...

These are the 4 big stock market implications of Joe Biden's upcoming agenda, NDR says

Summary List Placement Democrats' imminent control of Congress and the Presidency later this month will have big implications for the stock market, Ned Davis Research outlined... Read more ...

Monetary stimulus will remain in place well into economic recovery, Fed...

Monetary stimulus will remain in place well into economic recovery, Fed Chair Powell says

Summary List Placement Those worrying the Federal Reserve will prematurely rein in monetary stimulus have little to fear, Fed Chairman Jerome Powell said Thursday. As COVID-19... Read more ...

Petco just went public for the third time in company history. Here's the...

Petco just went public for the third time in company history. Here's the strategy its CEO claims separates it from PetSmart and Chewy

Summary List Placement Petco is going public for the third time in its history. And this time, the company swears things are different. The pet retailer started trading on the... Read more ...

Poshmark's shares soar in debut to public markets

Poshmark's shares soar in debut to public markets

NEW YORK - Shares of Poshmark Inc. more than doubled in their stock market debut Thursday, a testament to investor enthusiasm for the online marketplace for second-hand goods. Read more ...