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BlackRock US global investment giant BlackRock has appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, as the $ 6.4 trillion manager continues its Asia-Pacific pivot. Buckingham, global head of corporate strategy at BlackRock, will succeed Ryan Stork from February 2019. The shift comes as BlackRock continues to consider Asia-Pacific as one of its […]
AP Apple is in danger of losing its $ 1 trillion market cap. Shares in Apple slid as much as 7% or more in after-hours trading, following its quarterly earnings report. Investors may have been spooked by a big miss on iPhone sales, as well as a soft revenue forecast for the next quarter. Still, […]
Amazon accounts for a smaller share of retail sales than you might think, so it has plenty of room to grow—unless governments rise up. https://media.wired.com/photos/5b8f1425828b792d4e4b50c3/master/pass/Amazon-Money-684122564.jpg
Mike Hutchings/Reuters A new report argues that quicker action on climate change could add more than $ 2 trillion a year to the global economy over the next decade. The report, from the Global Commission on the Economy and Climate (GCEC), argues that increasing investments in sustainable technologies would increase economic output globally by $ […]
Jim Anderson/AP Photos The retail sales market will grow to $ 4.3 trillion by 2021, Morgan Stanley analysts estimate. Walmart‘s opportunity for upscaling its customer base, which includes low income earners, is greater than Amazon’s opportunity for downscaling, they said. But competition with Amazon may weigh on Walmart’s margins. Watch Walmart trade in real-time here. […]
Chip Somodevilla/Getty Images Amazon could follow Apple in hitting a $ 1 trillion valuation. Shares hit an all-time high on Thursday and many on Wall Street say it’s poised to hit the milestone. Follow Amazon’s stock price in real-time here. Shares of Amazon climbed 0.8% on Thursday, hitting an all-time high of $ 1,899.96, as […]
The trillion-dollar ceiling has been broken. So who’s going to pay for it? (credit: Ars Technica) Apple, the company Steve Jobs and Steve Wozniak founded in 1976 in possibly not a garage, became the most valuable company in the world in 2012, passing Microsoft as iPhone sales pushed the company into the stratosphere. Today, Apple’s […]
Bullish Boeing Predicts $ 6.3 Trillion in Plane Sales Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not […]
Thomson Reuters US Treasurys are heating up and now Nasdaq is launching a new futures product tied to the market to capitalize on a big shift. The new derivative will pin it against its rival, CME Group. US Treasurys are heating up, and now Nasdaq is launching a new product to capitalize on what could […]
Rob Kim/Getty Images BlackRock, the $ 6 trillion asset manager which is relying more on robots to make investment decisions, recently hired a physical robot to meander around its New York City headquarters. The robot, dubbed BLK Bot, left New York earlier this month and will be moved to the firm’s San Francisco offices soon. […]
