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Facebook revenue jumps on blistering ad sales growth
(Reuters) - Facebook Inc's quarterly revenue jumped 59.2 percent as its hugely popular mobile app attracted new advertisers and encouraged existing ones to spend more.The net income attributable to...
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Whole Foods shares fall after sales miss (WFM)
Whole Foods on Wednesday reported quarterly sales that missed analysts expectations, as it worked to cut prices and boost traffic.The grocery-store chain reported fiscal-third-quarter sales totaling a...
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Groupon rockets up 25% after crushing expectations (GRPN)
Shares of Groupon, the local-deals shopping site, are up as high as 25% to around $4.73 in after-hours trading after reporting a quarter that blew away analyst estimates.Here are the important figures,...
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There's an important reason why you should read one of Elon Musk's favorite...
At Business Insider, we recently rounded up some the books that Tesla and SpaceX CEO Elon Musk recommends everyone should read, and why.One leapt out at me, probably because it's the only one of the...
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ROOMY KHAN: The US government is creating a culture of distrust and fear on...
On June 21, 2016, Sanjay Valvani, a hedge fund manager at Visium Asset Management, who was charged with insider trading last week, was found dead in his home Monday evening, an apparent suicide.Sanjay...
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Former Wall Street trader explains why he's happier in a $1,300-a-month...
In 2003, Turney Duff's total compensation amounted to $1.9 million.At the time, he was the head trader at Argus Partners, a multibillion-dollar fund focused on healthcare stocks.Today, his life looks...
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The new era of payment processing will change everything
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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You won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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There is no Apple Car, and there never will be (AAPL)
As the rumor mill about the Apple Car grinds on and on and on, we keep getting little clues about what "Project Titan" may or may not be all about.The two latest pieces of the puzzle: Tim Cook made...
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Leon Cooperman published an epic 48-page note to investors explaining why...
Leon Cooperman's Omega Advisors released a 48-page investment outlook last week.And for all the fiddling over post-Brexit markets and the risks of a Chinese currency devaluation, Omega doesn't think...
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America has a new lunch habit that's hurting McDonald's
Grocery stores are stealing business from McDonald's.Grocery prices have been falling, and as a result, a growing number of Americans are choosing to pack their lunches and eat dinner at home versus...
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The one note of caution in Facebook's insanely optimistic earnings (FB)
Facebook just delivered a truly bang-up earnings report, crushing Wall Street's expectations on both the top and bottom line, as well as on user growth. The company saw a colossal 59% increase in...
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The XT5 is the most important Cadillac on the market — and it has just one...
Cadillac has a bit of a crossover problem. While other luxury brands have been selling these versatile vehicles left and right, Caddy has been playing catch up, marketing its portfolio of brash,...
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Asia stocks edge up, dollar sags after Fed meeting
By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks edged up early on Thursday after the Federal Reserve provided an positive assessment of the world's largest economy and lifted risk sentiment.The...
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The stock market just did something it hasn't done in at least 45 years
The stock market has been really boring. And now we have some data to really — and I mean really— back that up. Ryan Detrick, senior market strategist at LPL Financial, noted on Twitter that Thursday...
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The BMW M2 could be the perfect sports car
This is the one.It's the one that the most hardcore BMW enthusiasts have been waiting for.Up to now, this crowd has lived a life of compromise. It had to settle for either the not-quite-M Sport-level...
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Bezos passes Buffett, becomes third-richest person: Forbes
By Jonathan Stempel(Reuters) - Jeff Bezos, the founder and chief executive of Amazon.com Inc , has become the world's third-richest person as of the market close for the first time, Forbes magazine...
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Bill Gross' co-manager to move to new Janus bond ETF
By Trevor HunnicuttNEW YORK (Reuters) - Janus Capital Group Inc on Thursday said it plans to launch its first bond exchange-traded fund this year, shifting legendary bond investor Bill Gross'...
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The new era of payment processing will change everything
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
View ArticleClik here to view.
India is having its own 'Flash Boys' moment
The Mumbai-based National Exchange of India (NSE) is having its own "Flash Boys" moment. With 40% of all stock trading volume on the exchange now coming from high frequency and algorithmic...
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