Apple TV+ is 'no substitute' for Netflix and its stockpile of original...
Netflix will remain a leader in the streaming wars despite Apple TV+ offering a far lower price, Bank of America analysts said Tuesday.The streaming company has more than 400 original titles and...
View ArticleJPMorgan and UBS private wealth execs explain why they're doing more private...
Adam Neumann's millions of dollars in personal loans from three banks — which have also signed up to underwrite WeWork's initial public offering — are a sign of the times.Banks are building out lending...
View ArticleUBS is upping the ante on its workplace wealth-tech tools. That comes months...
UBS' wealth management unit is rolling out changes to its equity compensation plan services and digital offerings that could compete with Morgan Stanley's Solium tool.The move highlights key themes...
View ArticleGoldman Sachs slaps Apple with the lowest price target of any major research...
Apple dropped as much as 2.7% on Friday after Goldman Sachs predicted that the company's new accounting would cut into iPhones' average selling price.Analysts with the bank lowered their target to $165...
View ArticleGoldman Sachs is offering buyouts to encourage partners to leave as CEO David...
Goldman Sachs CEO David Solomon and his second-in-command, President John Waldron, are offering some partners generous payouts, insiders said.Solomon has been pushing to refocus the partnership on...
View ArticleThe world's biggest video game retailer, GameStop, has a major problem: It...
GameStop, the world's largest video game retailer, has a major problem: It has way, way too many stores.With over 5,700 GameStop locations around the world as of September 2019, and a stock price in...
View ArticleFollowing Instagram 'finfluencers' could help you get the scoop on Wall...
There's a massively popular finance memer community, comprised of "finfluencers,"Alicia McElhaney reported for the Institutional Investor.One finfluencer told McElhaney that she heard, via finmemes,...
View ArticleFormer Twitter CEO calls out WeWork CEO Adam Neumann amid the company's IPO...
Former Twitter CEO Dick Costolo called out WeWork CEO Adam Neumann in a profile of Neumann published Wednesday by The Wall Street Journal's Eliot Brown."The degree of self-dealing," Costolo said...
View ArticleData analytics company Datadog soared 39% on its first day of public trading....
Data analytics company Datadog went public on Thursday, and its stock rose 39% in the first day of trading. DataDog was last valued privately at $7.83 billion, but should see a richer valuation than...
View ArticleRoku dives after Wall Street analyst slaps it with a rare 'sell' rating,...
Roku stock sank as much as 6% on Friday after Pivotal Research predicted increased competition in the streaming sector will drive device prices "to zero."The analyst hit Roku with only its second...
View ArticleBillionaire Oracle cofounder Larry Ellison calls embattled WeWork 'almost...
The billionaire Oracle cofounder Larry Ellison reportedly said WeWork was "almost worthless" in a recent discussion at his house in San Francisco.According to a report in Barron's, Ellison offered a...
View ArticleSmileDirectClub's IPO was such a disaster that the CEO called up JPMorgan's...
The teeth-straightening company SmileDirectClub had one of the worst market debuts for any IPO this year. Nashville, Tennessee-based SmileDirectClub priced shares at $23 last week. Shares were trading...
View ArticleBeing able to code will be as important to future traders as 'writing an...
Coding will be as important for future traders as "writing an English sentence,"Goldman Sachs' tech evangelist Marty Chavez told Bloomberg Friday.The soon-to-be-retiring trading chief added that the...
View ArticleThe future of finance, inside Peloton's IPO, and CMOs to watch
Hello!Investment firms in recent years have turned to so-called alternative data firms, which turn obscure data sets into tradable information, to try and get an edge on the competition. A cottage...
View ArticleBank of America wants to dominate middle-market investment banking. Here are...
Bank of America is chasing smaller deals and expanding its investment bank to far-flung American locations that it had previously ignored, adding San Diego, Nashville, and Salt Lake City to its roster...
View ArticleJPMorgan's Jamie Dimon met with WeWork's Adam Neumann this weekend to hash...
JPMorgan CEO Jamie Dimon and the embattled WeWork CEO Adam Neumann met over the weekend in New York to talk about how to get the coworking company's delayed IPO back on track, sources told Business...
View ArticleWells Fargo has seen 1,000 financial advisers depart since its sales scandal...
Wells Fargo's adviser arm has lost some 1,000 financial advisers since a sales scandal at the broader broke in 2016.We spoke with Diane Gabriel, head of next-gen talent at Wells Fargo Advisors, about...
View ArticleA spy hired by Credit Suisse defends his role in a physical altercation with...
A private investigator hired by Credit Suisse acted "defensively" in a physical confrontation with former banker Iqbal Khan, Bloomberg reported Tuesday, citing a report filed by the security firm.Khan...
View ArticleJPMorgan is taking aim at apps like Robinhood by rolling out options trading...
JPMorgan's You Invest, a one-year-old digital retail investing service, has started rolling out options trading for select customers and expanding to more people in the coming months. Options trading...
View ArticleCofounder Rebekah Neumann is giving up her roles at WeWork, as her husband...
WeWork is running into major roadblocks as it attempts to go public.The company's cofounder and CEO Adam Neumann is stepping down amid concerns with his management style, and incidents of apparent...
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