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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...year, ByteDance moved Qing Lan from Douyin, its Chinese version of the short video app, to head up TikTok’s small and medium-sized business advertising arm in the US, an appointment first reported by the Wall...
April 25, 2024
Citigroup Inc
Citi starts tracking how often private bankers call clients
...Sieg has told employees that part of his strategy is to sell clients more investment products and get paid a management fee on their assets, according to people familiar with the matter....
February 15, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Fund management
Wall Street watchdog floats plan to let brokers promise future results
...Brokers must recommend products that are in a client’s best interest, but they do not have ongoing responsibilities....
November 19, 2023
LexUS banks
Net interest income may have peaked for Wall Street banks Premium content
...As high rates persist, more customers are moving their money out of low-interest rate checking and savings accounts and into higher-yielding products like certificates of deposit, Treasuries and money market...
April 12, 2024
LexIntuit Inc
AI boom can even work on your taxes Premium content
...But it is Intuit’s talk of AI that is bringing out the Wall Street bulls....
April 22, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...We’ve also had reports that deliveries of Cybertruck, its last-but-one halo product, have been paused and that its accelerator has a tendency to jam....
April 17, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Due Diligence
Man or Machine: Wall Street banks prefer scale Premium content
...The writing may have been on the wall for Raghavan at JPMorgan....
February 27, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...You use and like a product. Does that make it a good candidate for investment? Legendary investor Peter Lynch thought so....
April 19, 2024
Alphabet Inc
Alphabet’s advertising growth falls short of Wall Street expectations
...But investors are watching for signs that Google can narrow the gap with Microsoft to develop commercial generative AI models and integrate the technology into its Cloud services and search products, which...
January 30, 2024
Apple Inc
Apple’s revenue growth clouded by worries about China slowdown
...The results come the day before Apple’s new Vision Pro mixed reality headset goes on sale in the US, its biggest product launch in almost a decade....
February 2, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...The standalone unit, which voluntarily walls off American data, is up and running but has failed to persuade US lawmakers that the app is safe....
April 24, 2024
Disrupted Times
Brussels blasts Big Tech
...Judging by the record share prices enjoyed by some of these companies in recent months, Wall Street doesn’t believe it either....
March 25, 2024
Due Diligence
Wall Street’s activist battle against the Ivy League Premium content
...Wall Street titans target their former universities For decades, Ivy League universities have courted the deep-pocketed financiers that once roamed their halls to feed their multibillion-dollar endowments...
December 12, 2023
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...He says, though, that news this week that China’s gross domestic product growth performed better than expected in the first quarter of the year could improve the mood ahead of sales at Christie’s and Phillips...
April 18, 2024
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...To overcome competition from cheap generic opioids, Vertex has hired a salesforce of several hundred people — much larger than its team focused on CF — to work on the product’s launch....
April 26, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Due Diligence
The coming wave of private capital consolidation Premium content
...Celebrity investors While fame doesn’t guarantee fortune, leveraging a famous name with an attractive product can pave the way for lucrative tie-ups and investments, reports Bloomberg Businessweek....
January 16, 2024
Alice Ross
Active managers’ attacks on sustainable passives miss their mark
...“We’ve seen more product launches and product conversions in the passive space,” says Hortense Bioy, global head of sustainability research at Morningstar. “Passive is doing a killing.”...
February 16, 2024
Apple Inc
Apple approaches Goldman to wind down card partnership
...The two product launches marked a push by Apple to shake up the financial services space, in a direct challenge to the biggest Wall Street banks....
November 29, 2023
Due Diligence
Private equity takes over golf Premium content
...This year, the big golf prize on Wall Street won’t be won on the 18th green at Pebble Beach....
February 1, 2024
Markets
Charlie McElligott, meat-powered market mystic
...Or, perhaps, he’s the Woolf of Wall Street — if the Mrs Dalloway author had a Bloomberg Terminal and a penchant for highlighting....
November 21, 2023
United Parcel Service Inc
UPS to cut 12,000 jobs as outlook falls short on weak parcel demand
...In a sign of the patchy conditions UPS may encounter this year, Newman said customers in its biggest market, the US, sought more economical products and moved to ground deliveries instead of air....
January 30, 2024
UnhedgedRobert Armstrong
The cooling labour market is still warm enough Premium content
...But I don’t think Wall Street or anyone else — even people inside Apple — can predict how the product cycle is going to look more than a few quarters in advance. But growth is not the only issue here....
January 8, 2024
Nike Inc
Nike shares sink after announcing $2bn cost savings plan
...Net income for the past quarter of $1.6bn beat Wall Street forecasts, while revenue of $13.4bn was in line with market expectations....
December 22, 2023
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...There is no new product, and he won’t take further price action.”...
April 5, 2024
Tesla Inc
Tesla shares drop 12% after sales growth warning
...Musk had demanded a bigger stake in Tesla in a post on social media platform X earlier this month, in exchange for developing AI products at the electric car manufacturer....
January 25, 2024

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