Articles by tag: Wall Street
In the ever-evolving landscape of Wall Street, where does the line between survival and downfall lie for companies facing financial turmoil; is restructuring financial distress possible? If so, who are the saviors of Wall Street’s financial messes, the cleanup crews that tidy things up? These questions form the crux of the discussion on this…
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Oil Production Flat in the U.S. Despite Increased Global Investments. Wall Street, Tough Regulations, and a Dry Workforce Are Behind the Stall.
OPEC’s longstanding warnings about global underinvestment in oil and gas production are now juxtaposed with an uptick in the energy industry’s spending. In fact, Goldman Sachs reports there has been a 25% increase in major oil and gas production projects since 2020, amounting to 70 projects. The U.S. stands in stark contrast to this…
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NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine,…
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Is Wall Street Overreacting to Netflix Subscriber Losses?
Wall Street did a little cord-cutting of its own this week when it pulled the plug on Netflix’s stock value April 20, sending the company’s share price plummeting from nearly $350 a share the day before to under $220 by market close April 21. As of today, it’s settling in around $210 a share. Netflix’s…
Software & Technology
Robinhood CEO Responds to Accusations of “Gamifying” Wall Street
Robinhood CEO, Vlad Tenev, has faced criticism from both the public and private sector over the last weeks. The Robinhood trading app has been accused of gamifying a heavily regulated stock trading industry and is now subject to potential government scrutiny in the coming months. Watch below to see how Tenev responds to these accusations….
Business Services
Data is Dominating Wall Street
Host TC Riley kicks off this installment of Diving Into Data, with a deep-dive into the recent data-centric boom on Wall Street. “There’s a data dominance going on. There’s a lot more data related things going on in the stock market than I think we’ve traditionally seen, especially as it relates to the companies…
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How Trading Focused Businesses Can Thrive Online
The Great Web Migration of Trading Services The world of online trading is a competitive one with a huge number of businesses vying for dominance of the market. So the ones with the most ambitious plans to innovate in the online investments world need to have a water-tight and very effective marketing strategy in place…