Netflix soars on new agreement and Samsung prepares to release new high-tech smartphone.
Commentary & Analysis
By Lauren Young, Wealth Editor, Thomson Reuters
Even as stocks soared to new highs in 2013, memories of the 2008 financial crisis and lingering distrust have kept many investors from jumping back into the stock market with the vigor they had before the crash, the world’s leading bankers, brokerage chiefs and advisers to the rich said during the Reuters Global Wealth Management Summit. The event ran from June 3-6 in Geneva, New York and Singapore. (more…)
Each year, Mary Meeker from Kleiner Perkins Caufield & Byers issues her State of the Internet report. It’s a must read for everyone in the space, and without doubt, you’ll probably read stories which analyze, debate, and dissect her report. The stats that she presents are just insane.
For example, on slide 41 (of 117!), she notes that there are 1.5 billion smartphones out there with 3-4x growth still to come!
Or maybe you’ll like slide 17 where she points out that nearly zero video was being uploaded to YouTube six years ago; today, 100 hours PER MINUTE is being uploaded! (more…)
Small chains such as Stumptown Coffee Roasters and Blue Bottle Coffee are pulling in more than customers searching for high-end beans. They’re also drawing in investors such as Jack Dorsey and Tony Hawk. Reuters correspondent Lisa Baertlein explains why.
by Pablo Garibian, Chief Correspondent Spanish Language Service, and Krista Hughes, Chief Economics Correspondent
Latin America may well be an emerging markets darling, but worries are increasing about an abrupt reversal in foreign capital inflows and declining commodity prices hurting export revenues, according to officials, executives, investors and central bankers who spoke during the 2013 Reuters Latin American Investment Summit, an event that boasted more than 50 interviews from New York to Buenos Aires.
Mexico’s Finance minister Luis Videgaray told Reuters the country was preparing to withstand an exit of speculative capital which he said would come “eventually”, once the United States decided to slow its quantitative easing program. (more…)
In a recent issue of the Westlaw Journal Securities Litigation & Regulation, Peter Vinella, a director with global expert services firm Berkeley Research Group, discusses the hurdles plaintiffs suing over alleged rigging of Libor will have to overcome to prove their case at trial.
Find out why investors are ‘drowning’ in central banking and how Apple is the new Microsoft according to Jeffrey Gundlach, CEO of DoubleLine Capital and the new so-called ‘bond king.’