News > Financial Services

Beyond the Sugar Rush: Strategic Stimulus for Chinese Stocks
Whenever the Chinese economy slows and its stocks take a serious hit, investors have come to expect the government to unleash large-scale fiscal and monetary stimulus. Another heaping spoonful of sugar may do more harm than good this time around, however. It’s time for the ailing market to take some medicine. The MSCI China A Index has tumbled by more
Google Employees Pen Open Letter Demanding Company Drop Plans For Censored China Search Engine
Google employees have ramped up their protest over the company's once-secret plan to build a censored search engine in China, with dozens of employees signing their name to an open letter published on Medium demanding the company drop the plan, known as Project Dragonfly. The open letter appears to be a joint effort between the employees and Amnesty International to
Amazon Could Contribute More Than Half of Retail Sector's Earnings Growth This Holiday Season
The holiday shopping season kicked off with Black Friday, which raked in record online sales of $6.22 billion, up 23.6 percent year-over-year, according to Adobe Analytics data. This should bode well for Amazon.com, Inc. (NASDAQ: AMZN), which has bulldozed its way to e-commerce dominance and arguably edged some brick-and-mortar retailers out of business. Leading The Retail Pack The company's influence
Keepin’ It Bearish: Hedge Fund Managers See More Room to Fall
On Monday U.S. stocks took a major plunge, especially tech stocks, but it didn’t last as many of them rallied on Tuesday. However, as the day went gone on, many U.S. stocks started to slump back toward where they were at opening bell, so it would seem volatility is here to stay. Now on Wednesday, it looks like stocks are
It Turns Out China's Most Successful Capitalist is Actually a Communist
Jack Ma is the richest man in China, the 14th richest man in the world and the co-founder of Alibaba Group, the $420-billion e-commerce behemoth. Suffice to say, capitalism has been very, very good to Ma. But, alas, China's most successful - and high-profile - capitalist happens to actually be a communist, as the Wall Street Journal reports. According to
A Perspective on the Recent Meltdown in FAANG Stocks
Tech stocks, which led the rally for much of the current stock market bull run, are also leading the market sell-off that's occurred since the start of October. The crème-la-crème of the tech space — Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix, Inc. (NASDAQ: NFLX) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) — are
Brexit Drama Reaches A Fever Pitch
  Brexit Drama Reaches A Fever Pitch The Debate Over U.S. Drug Prices   This year’s Veteran’s Day/Remembrance Day observance was especially poignant, as it marked the 100th anniversary of the armistice that ended World War I. The occasion prompted a number of historical remembrances, one of the best of which can be found here. While the 1918 armistice ended
Into the Red Zone
Highlights from last month Volatility returned and pulled markets across the globe into the red. The sell-off in risk assets appeared to have several culprits: hawkish Fed comments, rising interest rates, signs of peak earnings growth and political fragility in Europe. Credit spreads widened and emerging market assets also faced challenges with a strengthening U.S. dollar. But the risk aversion
Billionaire David Tepper Habits for Success and Advice on Making It in Finance 2018
In this interview with Carnegie Mellon University, billionaire David Tepper discusses his habits for success and advice on making it in finance. Billionaire David Tepper Habits For Success And Advice On Making It In Finance 2018 Q3 hedge fund letters, conference, scoops etc David by any definition you had a very successful career. What were some of the things that
Value Emerges in Asia's Markets as Panic Sets In
The first signs of panic? I have been waiting for the first signs of real panic in Asia's bear market. First, there was the question of why India had been so defensive, with its current account deficit, high structural inflation, strained banking system, difficult government finances and high valuations. India's market has started to drop. And then we had weakness