In an interview with Yahoo Finance’s Editor-in-Chief Andy Serwer, Microsoft co-founder Bill Gates discusses how misinformation of the coronavirus pandemic is spreading rapidly on social media, and what steps the tech giants are taking to curb it. …read more […]
CRISPR Therapeutics AG (NASDAQ:CRSP) shareholders will have a reason to smile today, with the analysts making… …read more […]
Sebastian was flattered when Michael, his former protégé, asked him to critique the promotion he’d written. After all, Sebastian hadn’t written much copy in the 10 years that had passed since they worked together. And during that time, Michael had written a score of blockbusters. He was the man.
Nevertheless, Sebastian agreed to do it.
“It’s generally very good,” he wrote in his critique. “But I have one idea that you might want to consider…”
After sending it off, Sebastian worried. His suggestion would require Michael to spend hours reworking the lead. And he wasn’t sure that his idea was any better than …read more […]
Spotify’s user and subscriber growth came in at the top end of expectations, but the company’s bottom line was hit by a 48% increase in operating costs from stock-related compensation charges. In addition, ad revenue fell 21% — which Spotify blamed on the coronavirus pandemic — but the drop wasn’t quite as bad as forecast. […] …read more […]
Top news and what to watch in the markets on Wednesday, July 29, 2020. …read more […]
(Bloomberg) — Two decades ago, a burst in the dot-com bubble meant that shares of Ballard Power Systems Inc. may have been dead in the water. Now, it’s rebounding with a vengeance.After a meteoric rise that saw the hydrogen fuel-cell company’s stock surge more than 400% between late 1999 and March 2000, it crashed almost immediately after, falling 88% over the next 18 months.Fast-forward 20 years and the Burnaby, British Columbia-based company is one of the best-performing stocks in Canada this year with a gain of 117%. That’s not far off the 154% jump in shares of Shopify Inc., a …read more […]
(Bloomberg) — The picture emerging at the height of earnings season is patchy at best, with German chemicals maker BASF SE –- a bellwether of global industrial demand –- reporting a loss and forecasting no significant improvement in earnings in the third quarter, while some retail companies beat low expectations.European companies’ second-quarter reports so far have been good enough to justify the stock market’s rally from the lows in March, though it’s not clear they’re providing fuel for further gains.“Global stock markets appear to be starting to get a little wobbly as the latest earnings numbers start to paint a …read more […]
(Bloomberg) — Stocks struggled for direction in most markets and Treasuries held steady in the run-up to Wednesday’s decision from the Federal Reserve’s policy meeting.The Stoxx Europe 600 Index opened modestly lower as earnings rolled in, with Barclays Plc shares slipping after U.K. bank’s provisions for bad loan losses exceeded market estimates. U.S. index futures swung from losses to gains, while the dollar fell against a basket of its major peers. Gold was little changed at about $1,960 an ounce.Shares slid in Japan, where Fitch Ratings lowered its outlook on the country’s debt and earnings at Canon Inc. disappointed. Stocks …read more […]
Carmaker Aston Martin, which has changed its boss and brought in a billionaire investor this year after a weak performance, posted on Wednesday a deeper first-half loss of 227 million pounds ($293 million) amid a slump in sales. Its main factory, which closed during the lockdown, is not due to reopen until the end of August as the firm focussed on resuming production at a new site in Wales, where its first sport utility vehicle, the DBX, rolled off the line this month. Popular for being James Bond’s carmaker of choice, the firm has had a difficult time …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
