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Millennials will advance in their careers, achieve peak income, accumulate stronger purchasing power, which will increase their influence in the consumer marketplace. Companies that can adapt to millennials' spending preferences will be able to thrive and profit.
AvalonBay Communities, Inc.
Essex Property Trust, Inc.
Expedia Group, Inc.
Mid-America Apartment Communities, Inc.
Camden Property Trust
Apartment Investment and Management Company
ANGI Homeservices Inc.
Independence Realty Trust, Inc.
Pandora Media, Inc.
A slide in markets Friday, after a low-level Chinese delegation abandoned plans to visit the Montana farmland. That was enough to spark fear among investors that trade talks between the U.S. and China aren't going well, despite reassurances from President Trump, who said negotiations were ongoing. The Dow slid 159 points, while the S&P 500 and Nasdaq moved lower. It was a busy day for Facebook. CEO Mark Zuckerberg wrapped up his three-day trip to Washington, but there were few indications he won over anyone on Capitol Hill. Lawmakers are mulling over the idea of tightening the regulatory screws. Mercadien Asset Management President Ken Kamen. SOUNDBITE (ENGLISH): MERCADIEN ASSET MANAGEMENT PRESIDENT KEN KAMEN, SAYING: "Zuckerberg is on capitol hill to almost beg for the industry's benefit to start getting some regulations so they can get guardrails to know what they can and cannot do. Because now there are so many things that social media is changing in our society, in the world, in our economics, how we live or lives, and you can throw a dart and hit anything that they are doing wrong. So I think that the industry in general is looking to get some guidelines." Facebook is grappling with federal and state investigations over numerous issues ranging from anti-competitve behavior to privacy concerns. On that issue, Facebook announced it has suspended tens of thousand of apps as a result of the probe it's been conducting since the Cambridge Analytica scandal revealed it handed over users' data without permission. Walmart has decided to stop selling e-cigarettes and vaping products at its stores, according to an internal email seen by Reuters. Vaping products have come under scrutiny after reports of vaping-related illnesses and some deaths.
There is only one way to respond to a PowerPoint firing, Netflix's first CEO says: "There is no way I’m sitting here while you pitch me on why I suck."
The online streaming landscape was once owned by a few companies, largely Netflix and Hulu, but each of which offered a different type of content.
Netflix (NFLX) used to dominate the SVOD streaming services market. It was a leader with few competitors and a subscriber base of over 150 million.
According to Reuters, Netflix CEO Reed Hastings (NFLX) said companies like Disney (DIS) and Apple (AAPL) will boost already rising production costs.
On September 19, at Delivering Alpha Conference, Jim Chanos said Grubhub (GRUB) is a very good short. He said that Guruhub is almost not making any money.
Jeff Bezos has just placed the largest ever electric vehicle purchase order with a statup called Rivian Automotive, a company looking to rival Tesla
General Joe Dunford, chairman of the joint chiefs, and Mark Esper, defence secretary, said Donald Trump ordered the deployments after requests from Saudi Arabia and the United Arab Emirates. Mr Esper said they would be “defensive in nature, and primarily focused on air and missile defence”. One official said the troops would only be sent to Saudi Arabia.
The city of Flint, Michigan, has been on an economic roller-coaster ride for more than a century as the birthplace of General Motors. Workers have surrounded the massive GM complex for days, marching and toting signs and U.S. flags at plant entrances. WASHINGTON (AP) — President Donald Trump says he doesn't need to secure a trade deal with China before next year's election.
Nike (NKE) is set to report its first-quarter fiscal 2020 financial results after the closing bell on Tuesday, September 24. So let's see what investors should expect from the sportswear powerhouse...
Facebook said Friday it suspended "tens of thousands" of apps on its platform as a result of a privacy practices review launched following a scandal involving Cambridge Analytica. The review started in 2018 after revelations that the political consultancy hijacked personal data on millions of Facebook users, and it included attorneys, external investigators, data scientists, engineers, policy specialists and others, according to a Facebook statement. The suspensions are "not necessarily an indication that these apps were posing a threat to people," said vice president of partnerships Ime Archibong, adding that some developers "did not respond to our request for information." Archibong said the investigation "has addressed millions of apps.
We searched for strong tech companies that also pay a dividend, utilizing our Zacks Stock Screener. These three tech stocks should remain attractive to investors even during a potential market downturn...
The head of the House Intelligence Committee said Friday he has been assured by the CEO of Facebook that the company is working on ways to prevent foreign actors from disrupting next year's elections. Rep. Adam Schiff of California met with Mark Zuckerberg and said the Facebook CEO showed a deep awareness of the threat to the elections from so-called "deep fake" videos and other technically advanced tools. Schiff told reporters Facebook is "in the process of developing what I hope will be very strong policies on this.
Some prominent market personalities, such as Leon Cooperman, chair and CEO of Omega Advisors, feel that the Fed's rate cut decision was unnecessary.