Category: Capital

July 17, 2019

Bill Gates has never ranked lower than No. 2 in the seven-year history of the Bloomberg Billionaires Index. That run ended Tuesday when the Microsoft Corp. co-founder dropped to No. 3 behind France’s Bernard Arnault. LVMH, Arnault’s luxury-goods maker, advanced […]

June 28, 2019

Snap Inc.’s recent rally has burned short sellers, who have been rushing to cover their bearish positions as shares of the social-media company climbed. A Snap SNAP, -0.88% short squeeze began in February, said S3 Partners analyst Ihor Dusaniwsky, and […]

June 17, 2019

Huawei has confirmed that it is anticipating a giant drop in smartphone sales this year after it was blacklisted by US President Donald Trump’s administration. Speaking at a livestreamed event at Huawei’s headquarters in Shenzhen on Monday, the company’s founder […]

June 4, 2019

Netflix shares were upgraded to buy from hold by Loop Capital Markets on Monday, saying the digital media company stock is set to climb more than 25%. “We continue to think that NFLX has built an unstoppable lead in subscription […]

May 31, 2019

Uber Technologies Inc. shares shot higher in after-hours trading Thursday after executives indicated a price war with Lyft Inc. that was keeping ride-hailing fares low was settling down. Uber UBER, +0.25% reported first-quarter losses of $1.01 billion, or $2.26 a […]

May 30, 2019

New York City has retaken the top spot among the world’s financial centers, according to a new survey from Duff & Phelps. In its Global Regulatory Outlook report, the financial-services consultancy released the results of a survey of 183 respondents […]

May 28, 2019

Technology firms from Silicon Valley’s Stripe to U.K.-based GoCardless are all trying to grab a slice of the same $1.9 trillion industry. Payments, a sector long dominated by cash, has gone digital as a number of start-ups enter the fray […]

April 30, 2019

Samsung is confident of a turnaround in the second half of 2019 after, as expected, it posted a 60 per cent drop in operating profit for the first quarter. The company had warned investors earlier in the month that results […]

April 22, 2019

Chinese technology firm Huawei released its quarterly financials for the first time ever, stating its first quarter revenue rose 39 percent to 179.7 billion yuan ($26.81 billion). Huawei is based in Shenzen, China, and is the world’s biggest telecoms equipment […]

April 17, 2019

Spring earnings season is in full swing, and investors are getting a clearer look at their favorite stock’s true market position. So far, we’ve seen Goldman Sachs (GS – Get Report) shares take a beating after missing revenue expectations by […]