Tech dealmakers haven't earned this much money since the dot-com bust
Good news for tech bankers.Revenues from tech mergers and acquisitions, or M&A, have hit their highest point since the height of the dot-com bubble.Global tech M&A revenue totals $1.9 billion...
View ArticleThe last stand against the march of computerized trading
Electronic trading dominates market volume these days.It is thought that more than 50% of all stock trading volume and more than 80% of CME Group volume comes from trades completed on the screen.But...
View ArticleSomething just happened in the stock market that was a precursor to the 1987...
After breaking all-time highs, the stock market has been on a bit of a losing streak lately.The Dow Jones Industrial Average has declined in eight of the past nine days, including the past seven days...
View Article'A perfect storm' is making gold one of the hottest assets on the planet...
"A perfect storm" in markets has left investors scrambling to add gold to their portfolios for protection, according to the World Gold Council.Investors have another prime and relatively safe choice in...
View ArticleOne of the world's largest high-speed traders has 'opened up the kimono,' and...
One of the top high-speed trading firms is joining forces with the biggest investment bank in the world.Virtu announced Wednesday it has entered in a strategic partnership with JPMorgan in the US...
View ArticleVantiv launches new business support service
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.US-based processor Vantiv announced the launch of PaymentsEdge Advisory...
View ArticleTHE ROBO-ADVISING REPORT: Market forecasts, key growth drivers, and how...
Robo-advisors are platforms that use algorithms to manage users' investment platforms. And they are threatening to upend the enormous global wealth management industry. Globally, wealth managers were...
View ArticleSeaWorld got destroyed after reporting a disastrous attendance drop (SEAS)
SeaWorld Entertainment reported dismal attendance numbers for the first half of 2016, and the stock took a nosedive.SeaWorld reported earnings right in line with analyst expectations at $0.21 per...
View ArticleWeight Watchers is cratering (WTW)
Weight Watchers shares fell by as much as 10% in after-hours trading on Thursday after the company reported second-quarter revenue that was short of analysts' estimates. The weight-loss-assistance...
View ArticleApple has completely changed its plan to conquer TV (AAPL)
Last year, Apple CEO Tim Cook declared that the "future of television is apps," a refrain that has been repeated by Apple execs over and over since then.But navigating separate apps is a horrible way...
View ArticleSome of Goldman Sachs' most senior staff played wiffle ball, and it got real...
The sun was shining on Battery Park Ballfields on Wednesday.It was a beautiful New York day, the kind of day that makes you want to leave the desk and play some ball. In the shadow of Goldman Sachs'...
View ArticleShares of Hortonworks crashed over 25% after a huge miss on earnings and an...
Shares of Hortonworks, which provides software to help companies analyze huge amounts of information, sunk over 25% to around $9.40 after-hours immediately following a big miss on its Q2 2016 earnings...
View ArticleThe 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 ArticleNew York regulator wants meeting with Goldman about Malaysian fund: source
(Reuters) - New York state's financial regulator wants a meeting with Goldman Sachs Group Inc about investigations involving billions of dollars it raised through a bond issue for a troubled Malaysian...
View ArticleUnderstand fintech - Amazon's next possible frontier - with this report (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
View ArticleToyota's hydrogen-powered car wants to be the alternative to plug-ins, but...
Right now, if you want an alternative-fuel vehicle, you have to pick from offerings that either require gasoline or an electrical outlet. The gas-electric hybrid and the battery-powered car — your...
View ArticleJet.com's potential $3 billion sale to Walmart shows a new trend shaking up...
The e-commerce store Jet.com is reported to be in talks to be sold to Walmart for $3 billion.The deal shows Jet.com may have struggled to reach its lofty goal of becoming a $40 billion company within 5...
View ArticleIndia just took a big step towards transforming into ‘a single common market’
In a historic move on Wednesday evening, India’s upper house of parliament passed a constitutional amendment that clears a path for the most significant tax reform for India since independence. That...
View ArticleThe number of people who are trying to buy guns keeps breaking records
One of the biggest measures of gun sales is setting record after record.July marked the highest number of firearm background checks ever for a July since the FBI began to handle the permit...
View ArticleJeff Bezos just sold a boatload of Amazon stock (AMZN)
Jeff Bezos just got a nice payday.In his most valuable stock sale ever, the Amazon founder and CEO sold about 1 million shares of his company this week. That's more than $755 million worth of stock.The...
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