· *Nvidia is set to hold its annual investor event set at 11:30 AM ET on Tuesday.*
· *Nvidia's stock shed nearly half of its value from November to January after the chipmaker.. Business Insider - Published
· *On Tuesday, app data platform App Annie announced it crossed $100 million in annual recurring revenue.*
· *It also launched a new product called Mobile Web intelligence, which allows customers to.. Business Insider - Published
According to Newser, A member of the jury that found Mexican drug lord Joaquín "El Chapo" Guzman guilty on all counts tells Vice News at least five jurors followed news coverage of the case during the..
Experts say Joaquin "El Chapo" Guzman, who faces a mandatory life sentence after being found guilty of drug trafficking in federal court in New York, is almost certainly headed for the "Supermax" ADX..
Here is what you need to know.
1. *The ECB doesn't like the idea of Deutsche Bank merging with Commerzbank. *"I do not particularly like the idea of national champions, of European champions;.. Business Insider - Published
· Brex, a startup that issues corporate credit cards to early-stage companies, plans to launch a new offering in April with more mature accounting features.
· The new card, which has yet to be.. Business Insider - Published
· Apple is set to launch a new all-you-can-read news subscription service along with other services at a big event next week.
· Critics of the plan say while Apple is pitching itself as a savior to.. Business Insider - Published
· *US futures and European stocks are up in anticipation of the Federal Reserve cutting its forecast for interest-rate hikes this year.*
· *However, the Fed is likely to reduce its economic.. Business Insider - Published
· Bankers will compare Lyft to "marketplace" companies like food delivery service Grubhub and luxury fashion retailer Farfetch in their pitch to investors as the company gears up to go public next.. Business Insider - Published
· Fidelity National Information Services (FIS) is acquiring Worldpay for a deal valued at $43 billion the two companies announced Monday.
· The deal is similar to Fiserv's acquisition of First Data.. Business Insider - Published
· *Tilray beat on the top line but missed on the bottom line.*
· *Its annual adjusted loss per share widened. *
· *The increased net loss was primarily due to the increase in operating expenses.. Business Insider - Published
· *Facebook shares fell Monday after a handful of Wall Street analysts expressed concern over the company's recent management changes as well as regulation- and privacy-related uncertainty.*
·.. Business Insider - Published
· *The biggest Netflix bull and bear on Wall Street can find plenty to disagree on. *
· *But there's some commonality in how they view the platform's future subscriber growth.*
· *Watch Netflix.. Business Insider - Published
· *Deutsche Bank and Commerzbank have agreed to hold formal talks about merging to create Europe's fourth-largest lender.*
· *Critics have highlighted up to 20,000 job losses, the pair's bad.. Business Insider - Published
· *US energy production has reached record levels in recent years following a boom in shale production.*
· *The International Energy Agency's (IEA) latest five-year outlook sees the US overtaking.. Business Insider - Published
· *Tesla has shifted from a stock that trades like an emerging-growth company to one that's sensitive to more fundamental catalysts, said Craig Irwin, an analyst at Roth Capital Partners.*
· *Shares.. Business Insider - Published
· *Quantum computers are an extremely exciting technology, promising the raw computing power to crack previously-unsolvable problems. *
· *IBM has an early lead in quantum computing, experts say,.. Business Insider - Published
· *Women running for the Open Source Initiative board of directors have been harassed online, they told Business Insider. *
· *The Open Source Initiative is best known for approving open source.. Business Insider - Published
· **Toys R Us store closures and liquidation sales hammered Hasbro, Mattel, Spin Master and Jakks Pacific last year.**
· **Funko was hardly affected due to its large and diversified customer base,.. Business Insider - Published
· Several Wall Street strategists have identified a so-called "flowless" rally in the stock market this year.
· Even though stocks are on a tear this year, outflows from equity funds have.. Business Insider - Published
· The Chinese tech-giant Huawei confirmed it has developed its own operating system that could replace Google's Android and Microsoft's Windows should it be barred from using American-made products,.. Business Insider - Published
· *Manufacturing activity fell during the first couple months of the year.*
· *As growth slows and trade tensions drag on, the sector could be headed for a recession.*
· *Manufacturing accounts.. Business Insider - Published
NEW YORK (AP) — Newly unsealed documents from the U.S. trial of the Mexican drug lord known as El Chapo detail efforts by prosecutors to keep out evidence damaging to their witnesses. The government.. Seattle Times - Published
· *Consumer sentiment rose more than expected to 97.8 in the first half of March.*
· *Increasing optimism was concentrated among lower- and middle-class households.*
· *The gains come after.. Business Insider - Published
· *Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy. *
· The Org tracks executive changes at companies big and small.
· Here's a snapshot.. Business Insider - Published
· By one metric, value stocks have been mired in a bear market for the past two years.
· According to Chris Harvey, the head of equity strategy at Wells Fargo, the investing factor is at an.. Business Insider - Published
· *Volkswagen CEO Herbert Diess made the comment "ebit macht frei," a play on a Nazi-era slogan during an internal company event. *
· *The phrase "arbeit macht frei" or work sets you free hung.. Business Insider - Published
· *Ulta Beauty reported quarterly profits and sales that topped analysts' expectations.*
· *Shares jumped as much as 6% in after-hours trading on Thursday.*
· *Watch Ulta Beauty trade live.*
.. Business Insider - Published
· *There has been growing hope that the US and China could reach a trade deal soon.*
· *But experts say that wouldn't be enough to stave off a deceleration in growth in the largest economies.*
·.. Business Insider - Published
· Investors are closely watching the credit market for signs of strain, especially as a growing share of debt is amassed by companies with the weakest ratings.
· Higher interest rates have put.. Business Insider - Published
· *General Electric on Thursday gave its 2019 outlook.*
· *Chairman and CEO Larry Culp said the company could burn up to $2 billion of cash this year, but that it'll have a positive free cash flow.. Business Insider - Published
· *Wedbush Securities will pay a $250,000 penalty and has agreed to be censured to settle a charge related to what the Securities and Exchange Commission described as an employee's "long-running.. Business Insider - Published
· On Tuesday at the Open Source Leadership Summit, Amazon Web Services' Andi Gutmans explained why Amazon Web Services decided to make Open Distro for Elasticsearch, its version of the popular.. Business Insider - Published
· *Boeing's sell-off since the Ethiopian Airlines crash is causing the Dow Jones Industrial Average to underperform the S&P 500.*
· *The indexes had tracked each other closely all year, but the Dow.. Business Insider - Published
· *The hedge fund Deerfield Management is investing $100 million in a partnership with Harvard University. *
· *The research and development alliance will create Lab1636 to support Harvard's.. Business Insider - Published
· *After upgrading Apple to "buy" from "neutral" earlier this week, Bank of America Merrill Lynch spoke with clients about the tech giant. *
· *The bank says investors are "grappling with when to.. Business Insider - Published
· *The billionaire Nelson Peltz is joining Aurora Cannabis as a strategic adviser.*
· *Peltz is the CEO and a founding partner of Trian Fund Management. *
· *He has served as the CEO and chairman.. Business Insider - Published
· *A Goldman Sachs analysis out last week suggests there are misconceptions around the impact of President Donald Trump's tax cuts.*
· *Many on Wall Street and Capitol Hill have said the tax cuts.. Business Insider - Published
Good morning! This is the tech news you need to know this Wednesday.
1. *Google told dozens of employees in its laptop and tablet division to find new jobs at the company, raising questions about.. Business Insider - Published
· Private equity firm TPG has placed William 'Bill' McGlashan on leave after he was among dozens of people indicted by the FBI Tuesday in an alleged scheme to get students into elite colleges.
·.. Business Insider - Published
· Citi CFO Mark Mason is expecting a decline in first-quarter trading as the markets continue to recover.
· But investment banking revenues have been strong at Citigroup, Mason said.
The.. Business Insider - Published
· *Flooring retailer Lumber Liquidators announced settlements with the Securities and Exchange Commission and Department of Justice, paying a total of $33 million.*
· *The company admitted to filing.. Business Insider - Published
· Geopolitical risks, recession fears, and Federal Reserve policy were the dominant themes that several chief investment officers and strategists interviewed by Business Insider identified as the most.. Business Insider - Published
· *Boeing shares trade down more than 3% early Tuesday after a slew of countries grounded the 737 Max 8 aircraft.*
· *On Sunday, Boeing's 737 Max 8 was involved in its second disaster in five.. Business Insider - Published
· *Libertarian financial commentary site Zero Hedge says its posts have been banned from Facebook for contravening "community standards."*
· *Zero Hedge users said they were unable to post articles.. Business Insider - Published
· Google's former senior VP of search operations Amit Singhal was awarded a $45 million exit package upon his departure, amid accusations that the executive sexually harassed a subordinate.
· The.. Business Insider - Published
· *Instagram co-founders Kevin Systrom and Mike Krieger responded to presidential candidate Elizabeth Warren's proposal to break up large tech companies like Google and Facebook at SXSW on.. Business Insider - Published
· *Nginx, one of the most important software companies you've never heard of, is getting bought by its rival, the $9.6 billion F5 Networks, in a deal valued at about $670 million.*
· *Nginx powers.. Business Insider - Published
· *Facebook on Monday got an upgrade from Nomura Instinet, rising to its highest level since August.*
· *Last year, worries over the social-media giant's privacy issues put its stock value and user.. Business Insider - Published
· Chip maker Nvidia announced the largest acquisition in its history on Monday when it said it planned to buy Mellanox for $6.9 billion cash.
· It's a big win for Nvidia which reportedly jumped into.. Business Insider - Published
· *Aurora Cannabis said it has commenced sales of cannabis oils to German pharmacies.*
· *The company's Pedanios 5/1 drops have become the first extract-derived oil product compliant with the German.. Business Insider - Published