Tag: Machinery

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 […]

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‘The industry has been in denial’: As hotels recover from the pandemic, they’re planning how to compete with another threat — Airbnb

With the number of COVID-19 cases receding as vaccination drives continue and the Delta variants ebbs, the travel industry could be poised for a resurgence. Whether hotels from that boom could depend on what happens to Airbnb. During an interview with Axios, Airbnb ABNB, +1.86% CEO Brian Chesky forecast a “new golden age of travel” […]

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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 […]

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A major crypto hedge-fund manager expects bitcoin to tumble once the SEC greenlights a bitcoin-backed ETF — here’s why

Hi, there: Welcome to an update of the most important moves and news in cryptocurrencies and what’s on the near-term horizon in digital assets. I’m Frances Yue, crypto reporter at MarketWatch, and for the next three weeks, from Oct. 10-24, we’ll be publishing Need to Know Crypto Edition as a prelude to a new weekly […]

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