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Walmart's massive surge just added billions to the Walton family's wealth - here's how much you'd have made if you invested $1,000 back in the day
Walmart is surging after crushing earnings estimates Thursday morning, adding about $12 billion to the wealth of the Walton family. An investment of $1,000 at the start of 1980...
2 minutes ago - Business Insider - 4 articles
Home Depot Delivers An Impressive Beat In The Second Quarter, Driven By Recovery In Seasonal Sales
Home Depot knocked one out of the park in its second quarter, posting a beat of $450 million on revenues and $0.21 per share for earnings. The home improvement retailer...
2 minutes ago - Forbes
The Best Way to Staff Your Business
Dialing in your staffing levels is critical to your company's success. Not having enough employees can seriously hinder your team's production, while having too many staff...
6 minutes ago - Business
MoviePass is limiting selection to ‘up to six films' a day
One gets the distinct impression that nothing is ever permanent with MoviePass - including, of course, MoviePass itself. The troubled film subscription service has been through...
12 minutes ago - Tech Crunch - 2 articles
Morning News: August 16, 2018
China and U.S. to Resume Low-Level Talks in Bid to Resolve Trade War ‘Getting the Dollar Wrong is Deadly': A Rapid Rise in the Dollar Could Cause a Domino Effect Across...
22 minutes ago - Crossing Wall Street - 2 articles
Booming Walmart, Cisco results show US economy's strength is real and broad-based
Major U.S. companies are confirming the positive macro data by reporting their best financial results in many years.
32 minutes ago - CNBC - 3 articles
Walmart's surge just added $12 billion to the Walton family's wealth
The Walton family still controls about 48% of Walmart , meaning their exorbitant wealth is innately tied to the company's stock price. Walmart's earnings surge on Tuesday...
34 minutes ago - Business Insider - 4 articles
The future of artificial intelligence in retail
Hype around artificial intelligence has never been higher - and one industry where it has a chance to make a major impact on profits is retail. Business Insider Intelligence...
34 minutes ago - Business Insider
MoviePass investors tell horror stories of watching their stakes drop over 99%, with some losing more than $100,000
Many investors in the parent company of MoviePass, Helios and Matheson Analytics , have seen their stakes dwindle over 99% in recent months, with some losing over $100,000. To...
44 minutes ago - Business Insider - 2 articles
The VCs who defected from ex-Facebook exec Chamath Palihapitiya's firm have made their first investment as Tribe Capital
Tribe Capital, the new venture firm founded by partners who quit Social Capital en masse, is co-leading a $22.7 million investment into a hot cryptocurrency startup. The firm...
44 minutes ago - Business Insider - 2 articles
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Core ML: Machine Learning for iOS
You have probably heard phrases like “Machine Learning” or “Artificial Intelligence” without knowing exactly what they mean. In this article, I will shed some light on “What...
Interviews with startup founders: Lerni app
Lerni is a web platform and mobile application for Android to learn languages in a fast and easy way. We spoke with the app’s co-founder: Bartłomiej Postek, who told us a very...
3 steps to choose a software development company
Do you have a new business idea for a profitable web or mobile application only needing a qualified team to make it happen? If that is the case, this checklist is for you! Keep...
Nvidia is slipping ahead of earnings
Shares of Nvidia dropped as much as 1.2% to $256 in trading Thursday ahead of earnings. Wall Street expects earnings per share of $1.85 f0r the chip maker's second quarter. UBS...
Walmart is surging after earnings crush Wall Street expectations
Walmart beat Wall Street's earnings expectations on Thursday, nearly doubling the forecasted same-store sales growth rate. E-commerce grew 40% over the same period a year...
JCPenney is tumbling after slashing its full-year guidance
Shares of JCPenney dropped 25% in early trading Wednesday after missing Wall Street's estimates. The reatiler also slashed its full-year guidance. "Inventory receipts continued...
Musicians, Politicians, and Business Leaders Memorialize Aretha Franklin
The world is mourning the loss of the Queen of Soul Thursday, as news broke that Aretha Franklin, 76, died in her Detroit home. Her death follows reports that the legendary...
Nike's new, high-tech store takes a page out of Walmart's and Target's playbook
Nike has launched a curbside pickup service alongside its newest store in Los Angeles . Nike by Melrose, the first Nike Live concept store, has limited parking in the rear...
These are the countries most at risk if Turkey's lira crash spirals into a...
The collapse of the Turkish lira and the strong dollar have hit emerging market currencies globally. If the trend continues, countries may start to have trouble paying back...
A new study found CEOs at America's biggest companies raked in $19 million...
A new report from the Economic Policy Institute showed the average CEO compensation at the US's 350 largest public companies grew to just under $19 million in 2017, up 17.6%...
Elon Musk's tunneling company just announced a plan to transport people in...
Elon Musk has been under fire lately as many have questioned the overall health of Tesla, which has been recently scrutinized over its finances, workplace conditions, and...
Credit Karma acquires mortgage platform Approved
Credit Karma , the service best known for providing free credit score monitoring and other financial advice , is getting into the mortgage business. The company today announced...
Celebrities express their grief and gratitude for music legend Aretha Franklin
Aretha Franklin died Thursday morning from advanced pancreatic cancer. The "Queen of Soul" was 76. Celebrities mourned her loss on social media. Celebrities, including actor...