Razer CEO on Growth in Asia, Smartphone, Outlook
Nov.12 — Min-Liang Tan, co-founder and chief executive officer at Razer, discusses growth prospects in Asia, listing in Hong Kong, their new smartphone, going into the public markets and his outlook for the company. He speaks on “Bloomberg Daybreak: Asia.”
Wall Street mega-deals are back
Hock Tan Donald Trump Martin H. Simon/Bloomberg via Getty Images Mega-deal M&A transactions worth over $10 billion are surging back after a largely dormant first half off the year. Wall Street bankers say an improving global economy and confidence in the regulatory environment are playing a role. The looming threat of super-corporations like Amazon has many […]
Roku, Snap, Sogou: 3 Different IPOs, One Investing Strategy
Roku (ROKU), Snapchat parent Snap (SNAP) and Sogou (SOGO) are all 2017 IPOs, but with different chart action. Roku skyrocketed 70% last week on its first-ever quarterly report since coming public. Snap crashed on yet another disappointing quarter as it struggles vs. much-larger Facebook (FB). Sogou, a Chinese search engine from Sohu (SOHU), had a solid first two days after pricing at the high […]
Nvidia, Goldman Among 5 Bitcoin Stocks To Watch As Cryptocurrency Soars
Nvidia, Goldman Among 5 Bitcoin Stocks To Watch As Cryptocurrency Soars Depending on who you ask, Bitcoin is a bubble, a fraud, a money-laundering vehicle, a volatile mess or a crucial, necessary phase in monetary evolution. XAutoplay: On | OffStill, the currency, while down 9% on Friday, is up more than 600% this year. Until […]
These Bank Executives Say They’ll Be Hiring When Doomsday Comes
SEB CEO says productivity is key to ensuring banks grow Nordea CEO predicts half of bank jobs to vanish in 10 years Nordea Bank in Helsinki. Photographer: Vesa Moilanen/AFP via Getty Images Will every second banker lose his or her job in the next decade? The answer to that question is probably “yes,” according to the […]
Uber board strikes agreement to pave way for SoftBank investment
FILE PHOTO: The Uber logo is seen on mobile telephone in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo By Heather Somerville and Greg Roumeliotis SAN FRANCISCO/NEW YORK (Reuters) – Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp to proceed, and which would […]
How the Stock Market Has Done Under Trump Is Surprising: Michael Lewis
Well-known author Michael Lewis offers up some sharp words on how Trump has performed one year into the presidency. Lewis tells TheStreet that Trump did do something good in selecting Jerome Powell to lead the Federal Reserve. How the stock market has performed during Trump’s first year in office has borderline shocked Michael Lewis. “If […]
Apple issues $7 billion of debt in latest fund raising for $300 billion shareholder program
iPhone maker completed a six-part, fixed-rate deal to raise the funds needed to pay dividends and buy back shares Apple Inc. issued $7 billion of debt on Monday, in its latest fundraising to finance a $300 billion shareholder rewards program. Apple AAPL, -0.33% issued 2-year, 3-year, 5-year, 7-year, 10-year and 30-year fixed-rate notes with the 10-year tranche […]
Qualcomm draws up plans to rebuff Broadcom’s $103 billion offer: sources
By Greg Roumeliotis and Liana B. Baker (Reuters) – U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles. Qualcomm’s board of directors could meet as […]