Markets have lowered their bar for what kind of U.S.-China trade headlines they’d cheer, a J.P. Morgan Asset Management global market strategist, Hannah Anderson, said Friday. Markets have been on edge for months about trade tensions between the world’s two largest economies. An American delegation led by Treasury Secretary Steven Mnuchin and U.S. Trade Representative […] Read more
A full-floor penthouse overlooking the Bay has come to market in The Avery building—and if it were to sell for the ask of $41 million, it would be the priciest condo on record for the Bay Area. But it appears to be $7 million shy of the most expensive condo ever listed in the area, […] Read more
Raymond James is telling investors to scale back their positions in payments company Square. The firm downgraded the stock to “underperform” from “market perform,” citing a lack of growth opportunities on the horizon and its move into banking as a negative catalyst for the stock. The shares fell nearly 4 percent in premarket trading following […] Read more
Morgan Stanley: Buy Apple now before earnings next week because the bad news is already in the stock
The bar is set low for Apple’s earnings next Tuesday so Morgan Stanley says it’s a good time to buy the stock. “We believe the recent pullback is an attractive entry point given upcoming services launches and shares already pricing in extremely cautious iPhone replacement cycle and average selling price headwinds,” the bank’s analyst Katy […] Read more
China has offered to make up the trade imbalance with the United States, telling U.S. trade negotiators that China will ramp its purchases of U.S. goods, Bloomberg News reported on Friday, citing officials familiar with the talks. Chinese officials made the offer during negotiations in Beijing earlier in January, the report said. Michael Sheetz Banking […] Read more
After a sell-off cuts its value by a third, Netflix represents one of the most compelling investments available in the internet space, according to Goldman Sachs. The brokerage reiterated its buy rating on Netflix shares as well as its $400, 12-month price target, representing nearly 50 percent upside from the stock’s close on Jan. 3. […] Read more
Facebook bug exposed photos from up to 6.8 million users using third-party apps, the company disclosed Friday. The exposed photos include those that users never finished sharing to the site, Facebook said. The disclosure is one of several privacy breaches the company has shared over the past year. In March, reports from the New York […] Read more
A decade ago they were defined as ‘niche’, but today health and wellness brands have been catapulted into the mainstream thanks to the popularity of nutrient-rich diets and ‘clean eating’. From meat substitute Quorn to organic tea purveyor Pukka, brands in the wellness space are benefiting from a growing consumer desire to live healthier lives. […] Read more
Somewhere, right now, an idea that could change the world is being born. There are hundreds of thousands of them floating around; some will hatch, others will fall from the nest and land with a thud. Some have already spread their wings. But each begins with one common goal: to disrupt their market and become […] Read more
Social media has revolutionized marketing strategies. Snapchat, Instagram and Facebook use AR marketing to keep users engaged. For example, platforms like Snapchat use AR through filters. People of all ages think it’s cool and fun to doctor their images with dog ears, cat whiskers and floral headbands. The trend is so popular that Instagram now […] Read more
