Tag: Internet Search Engines

Holiday earnings forecasts have been lumps of coal so far, and here come the biggest ones

Holiday earnings forecasts are disappointing investors so far, and the biggest boxes under Wall Street’s tree are coming this week. So far in earnings season, a dozen S&P 500 SPX, -0.11% companies have issued earnings guidance, and eight of them have come in lighter than expected. Investors have punished those companies — such as Intel […]

Read More

A California investment firm went from near ruin to managing over $100 billion: Its turnaround may offer solutions to the ‘Great Resignation’

An earlier version of this article included the incorrect year of death of one of WCM’s key partners. The error has been fixed. The story also clarifies details related to the company’s late-1990s buyout when it had $200 million in assets under management. Portfolio managers Peter Hunkel, Paul Black, Mike Trigg, and Sanjay Ayer of […]

Read More

In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

AMC on Wednesday expanded the range of cryptocurrencies it soon plans to accept for movie-ticket and concession purchases. In its second-quarter earnings report in August, AMC Entertainment Holdings Inc. AMC, -0.97%, the nation’s largest movie-theater chain, announced it would accept bitcoin BTCUSD, +0.79% for online ticket and concession purchases before the end of this year. […]

Read More

Stock-market investors scour alternative data for delta variant clues — here’s what they found

Investors looking for signs that the spread of the coronavirus delta variant is crimping economic activity, despite the lack of new widespread lockdowns, are so far finding little evidence in the types of high-frequency economic data that exploded in popularity during the early days of the pandemic. A recent market narrative held that even without […]

Read More