Apple announces October 30 event where it’s expected to announce new iPads and Macs

Apple announced Thursday that it will hold a press event on Oct. 30 at the Brooklyn Academy of Music in Brooklyn, NY. It’s where Apple is expected to unveil its latest iPads and Macs. Apple refreshed its standard iPad back in March, when it also added support for the Apple Pencil stylus. Apple’s current iPad Pros are available in two sizes: 10.5-inches and 12.9-inches, which means Apple will likely replace the 10.5-inch iPad Pro model. In August, Bloomberg said Apple will release a new Mac Mini


Apple announced Thursday that it will hold a press event on Oct. 30 at the Brooklyn Academy of Music in Brooklyn, NY. It’s where Apple is expected to unveil its latest iPads and Macs. Apple refreshed its standard iPad back in March, when it also added support for the Apple Pencil stylus. Apple’s current iPad Pros are available in two sizes: 10.5-inches and 12.9-inches, which means Apple will likely replace the 10.5-inch iPad Pro model. In August, Bloomberg said Apple will release a new Mac Mini
Apple announces October 30 event where it’s expected to announce new iPads and Macs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: todd haselton, cnbc, magdalena petrova
Keywords: news, cnbc, companies, current, apple, announces, release, macs, macbook, expected, support, event, invite, latest, announce, pro, ipad, ipads, 30


Apple announces October 30 event where it's expected to announce new iPads and Macs

Apple announced Thursday that it will hold a press event on Oct. 30 at the Brooklyn Academy of Music in Brooklyn, NY. It’s where Apple is expected to unveil its latest iPads and Macs.

In July, top Apple analyst Ming-Chi Kuo said Apple will release a new 11-inch iPad Pro with support for Face ID, the same facial-recognition technology used in Apple’s newest iPhones that can unlock the device when you look at it.

Apple refreshed its standard iPad back in March, when it also added support for the Apple Pencil stylus. Apple’s current iPad Pros are available in two sizes: 10.5-inches and 12.9-inches, which means Apple will likely replace the 10.5-inch iPad Pro model.

In August, Bloomberg said Apple will release a new Mac Mini Pro and a new lower-cost MacBook with a Retina display. It’s possible Apple refreshes the current MacBook Air with the new screen, since that computer has mostly only received bumps to the latest Intel processors over the last several years.

The invite says “There’s more in the making,” which might imply the new products will focus on tools and features for users who use Macs and iPads for work and creativity.

For the first time, Apple gave unique invites to various publications. CNBC’s invite is above.

Here’s the WSJ invite:

Here’s what The Verge received:

This is TechCrunch’s invite:

This is from CNET:

And here’s one from Axios:


Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: todd haselton, cnbc, magdalena petrova
Keywords: news, cnbc, companies, current, apple, announces, release, macs, macbook, expected, support, event, invite, latest, announce, pro, ipad, ipads, 30


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These are the tech start-ups worth billions that are expected to go public next year

2019 is shaping up to be a potentially big year for massive tech IPOs, with valuations that could reach as high as $100 billion or more. Ride-hailing companies Uber and Lyft have been open about their ambitions to go public, but several other tech companies have begun to hint at upcoming initial public offerings as well. Here are the companies to watch in 2019.


2019 is shaping up to be a potentially big year for massive tech IPOs, with valuations that could reach as high as $100 billion or more. Ride-hailing companies Uber and Lyft have been open about their ambitions to go public, but several other tech companies have begun to hint at upcoming initial public offerings as well. Here are the companies to watch in 2019.
These are the tech start-ups worth billions that are expected to go public next year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: lauren feiner, drew angerer, getty images
Keywords: news, cnbc, companies, public, 2019, billions, companies, startups, watch, uber, worth, upcoming, expected, wellhere, shaping, valuations, tech


These are the tech start-ups worth billions that are expected to go public next year

2019 is shaping up to be a potentially big year for massive tech IPOs, with valuations that could reach as high as $100 billion or more.

Ride-hailing companies Uber and Lyft have been open about their ambitions to go public, but several other tech companies have begun to hint at upcoming initial public offerings as well.

Here are the companies to watch in 2019.


Company: cnbc, Activity: cnbc, Date: 2018-10-18  Authors: lauren feiner, drew angerer, getty images
Keywords: news, cnbc, companies, public, 2019, billions, companies, startups, watch, uber, worth, upcoming, expected, wellhere, shaping, valuations, tech


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UK inflation drops more than expected in Sept, pulled down by food prices

Consumer price inflation rose at an annual rate of 2.4 percent in September, compared with August’s unexpected six-month high of 2.7 percent, the Office for National Statistics said. That was well below the consensus of a Reuters poll of economists for a fall to 2.6 percent. “Food was the main downward pull on inflation as last year’s September price rises failed to reappear, while ferry prices dropped after their surprisingly high summer peak,” ONS statistician Mike Hardie said. Consumer price


Consumer price inflation rose at an annual rate of 2.4 percent in September, compared with August’s unexpected six-month high of 2.7 percent, the Office for National Statistics said. That was well below the consensus of a Reuters poll of economists for a fall to 2.6 percent. “Food was the main downward pull on inflation as last year’s September price rises failed to reappear, while ferry prices dropped after their surprisingly high summer peak,” ONS statistician Mike Hardie said. Consumer price
UK inflation drops more than expected in Sept, pulled down by food prices Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: oli scarff, getty images
Keywords: news, cnbc, companies, compared, 31, uk, pulled, food, inflation, expected, sept, price, high, rise, poll, rose, ons, drops, prices


UK inflation drops more than expected in Sept, pulled down by food prices

British inflation cooled more than expected in September to a three-month low, offering some relief for consumers who have been squeezed financially since the Brexit vote, data showed on Wednesday.

Consumer price inflation rose at an annual rate of 2.4 percent in September, compared with August’s unexpected six-month high of 2.7 percent, the Office for National Statistics said.

That was well below the consensus of a Reuters poll of economists for a fall to 2.6 percent.

“Food was the main downward pull on inflation as last year’s September price rises failed to reappear, while ferry prices dropped after their surprisingly high summer peak,” ONS statistician Mike Hardie said.

On Tuesday, the ONS said the basic wages of workers rose at their fastest pace in nearly a decade over the summer months.

That backed up the Bank of England’s view that a long period of weak pay increases is ending, and that it should raise interest rates in response. Still, the wage growth of 3.1 percent remained meagre by historical standards when adjusted for inflation.

The BoE expects inflation will drift down but will remain just above its 2 percent target in two years’ time as it gradually raises borrowing costs.

Consumer price inflation hit a five-year high of 3.1 percent in November, when the inflationary effect of the pound’s tumble after Brexit vote in June 2016 reached its peak.

While that has started to subside, Wednesday’s ONS figures suggested there could be more short-term pressure in the pipeline for consumer prices.

Among manufacturers, the cost of raw materials – many of them imported – was 10.3 percent higher than in September 2017, up from a revised 9.4 percent in August.

That was a bigger rise than any economist had forecast in the Reuters poll that had pointed to a rise of 9.2 percent.

Manufacturers increased the prices they charged by 3.1 percent compared with 2.9 percent in August, again stronger than all forecasts in the poll that had pointed to a 2.9 percent increase.

The ONS also said house prices in August rose by an annual 3.2 percent across the United Kingdom as a whole, the smallest rise since August 2013 and compared with a 3.4 percent increase in July. Prices in London alone slipped 0.2 percent.


Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: oli scarff, getty images
Keywords: news, cnbc, companies, compared, 31, uk, pulled, food, inflation, expected, sept, price, high, rise, poll, rose, ons, drops, prices


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Sealed Air falls 6% after previewing disappointing earnings, slashing profit outlook

Sealed Air shares fell after the bubble wrap manufacturer previewed disappointing third-quarter earnings and slashed its full-year profit outlook on Wednesday. The company said it expects third-quarter earnings per share between 60 cents and 61 cents. For the full year, Sealed Air said it now expects earnings between $2.40 and $2.45 per share, compared to the $2.45 to $2.55 range it had expected earlier. Shares of Sealed Air slipped 6 percent in after-hours trading. Sealed Air will release its o


Sealed Air shares fell after the bubble wrap manufacturer previewed disappointing third-quarter earnings and slashed its full-year profit outlook on Wednesday. The company said it expects third-quarter earnings per share between 60 cents and 61 cents. For the full year, Sealed Air said it now expects earnings between $2.40 and $2.45 per share, compared to the $2.45 to $2.55 range it had expected earlier. Shares of Sealed Air slipped 6 percent in after-hours trading. Sealed Air will release its o
Sealed Air falls 6% after previewing disappointing earnings, slashing profit outlook Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: carmin chappell, source, sealed air
Keywords: news, cnbc, companies, sealed, fullyear, outlook, thirdquarter, expects, falls, refinitiv, expected, disappointing, earnings, air, slashing, share, cents, profit, previewing


Sealed Air falls 6% after previewing disappointing earnings, slashing profit outlook

Sealed Air shares fell after the bubble wrap manufacturer previewed disappointing third-quarter earnings and slashed its full-year profit outlook on Wednesday.

The company said it expects third-quarter earnings per share between 60 cents and 61 cents. Analysts had expected earnings of 66 cents per share, according to a Refinitiv consensus estimate.

CEO Ted Doheny said in a statement that higher raw material and freight costs, along with foreign exchange pressures, impacted profitability.

For the full year, Sealed Air said it now expects earnings between $2.40 and $2.45 per share, compared to the $2.45 to $2.55 range it had expected earlier. Analysts had forecast full-year earnings of $2.53 per share, according to a Refinitiv consensus estimate.

Shares of Sealed Air slipped 6 percent in after-hours trading. As of the Wednesday close, the stock had already fallen 20 percent in the past 12 months.

Sealed Air will release its official third-quarter earnings results before the bell on Nov. 1.


Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: carmin chappell, source, sealed air
Keywords: news, cnbc, companies, sealed, fullyear, outlook, thirdquarter, expects, falls, refinitiv, expected, disappointing, earnings, air, slashing, share, cents, profit, previewing


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History says the market sell-off isn’t over and this drop will be ‘sharper than the first’

Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains. Sam Stovall, chief investment officer at CFRA, said he would not be surprised to see a test of last week’s lows, and he is not alone. Nuveen Asset Mangement chief U.S. equities strategist Bob Doll said the market could test its lows before heading to new highs later in the year. In the year after, if there was no majority change, the market was up even more, an average of about 20 percent. “Al


Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains. Sam Stovall, chief investment officer at CFRA, said he would not be surprised to see a test of last week’s lows, and he is not alone. Nuveen Asset Mangement chief U.S. equities strategist Bob Doll said the market could test its lows before heading to new highs later in the year. In the year after, if there was no majority change, the market was up even more, an average of about 20 percent. “Al
History says the market sell-off isn’t over and this drop will be ‘sharper than the first’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: patti domm, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, history, stovall, chief, lows, market, sharper, drop, test, decline, expected, sp, average, selloff, weeks, isnt


History says the market sell-off isn't over and this drop will be 'sharper than the first'

Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains.

Stocks surged on Tuesday with positive earnings news, regaining a chunk of October’s decline.

Sam Stovall, chief investment officer at CFRA, said he would not be surprised to see a test of last week’s lows, and he is not alone. Nuveen Asset Mangement chief U.S. equities strategist Bob Doll said the market could test its lows before heading to new highs later in the year.

“This is the second decline of this year of 5 percent or more and two out of every time we had more than one decline in a year, the second decline was sharper than the first,” Stovall said. The S&P 500 dipped to 2,710 last week, a 7.8 percent decline from its all-time high in late September. In February, the S&P was down nearly 12 percent at its low.

“There could be a test of the lows. I’m not surprised that tech, consumer discretionary are leading the way [higher] because they led the way downward,” said Stovall. He said if there is another flush out to lows, it could come before the Nov. 6 election.

Dow futures Wednesday morning pointed to a decline of about 100 points at the open.

Yet, strategists say the odds are high that stocks will be strong into the end of the year and next year, as is historically the case after midterm elections. This year, Republicans are expected to retain control of the Senate, but Democrats are expected to reclaim the House, creating the potential for gridlock.

“Since World War II, even if we had a majority change in Congress, the market has risen in price and the average gain was between 12 and 13 percent,” said Stovall. In the year after, if there was no majority change, the market was up even more, an average of about 20 percent.

Source: CFRA

The S&P gained 2.1 percent Tuesday and was 3.7 percent above its recent low at Tuesday’s close. “All the usual suspects that had us concerned have kind of abated,” said Art Hogan, chief market strategist at B. Riley FBR. He said oil is not rising, the dollar is not pushing higher and Treasury yields are lower. The 10-year note yield was at 3.16 percent Tuesday, well below the 3.26 percent level that spooked the market just a week ago.

“At the same time, Morgan Stanley, Goldman Sachs and Adobe — companies are giving us real news, not just things we’re afraid of,” Hogan said.

Earnings news is expected to be extremely strong this quarter, with an average gain of about 21 percent but strategists have also been waiting to hear the comments from industrial, tech companies and others that could feel the pinch from tariffs.

Earnings Wednesday are expected from Abbott Labs, Northern Trust, US Bancorp, Alcoa, Kinder Morgan, Crown Holdings, Kaiser Aluminum, M&T Bank, and Winnebago, among others.

Minutes from the Fed’s last meeting are also expected at 2 p.m. ET, and markets are watching to see if the Fed reveals any plans on its rate hiking plans or comments on it policy of reducing its balance sheet.


Company: cnbc, Activity: cnbc, Date: 2018-10-17  Authors: patti domm, spencer platt, getty images news, getty images
Keywords: news, cnbc, companies, history, stovall, chief, lows, market, sharper, drop, test, decline, expected, sp, average, selloff, weeks, isnt


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US housing starts fall more than expected in September

Housing starts fell 5.3 percent to a seasonally adjusted annual rate of 1.201 million units last month, the Commerce Department said on Wednesday. Data for August was revised down to show starts rising to a rate of 1.268 million units instead of the previously reported pace of 1.282 million units. Economists polled by Reuters had forecast housing starts declining to a pace of 1.220 million units last month. They, however, remain below the level of single-family starts, suggesting limited scope f


Housing starts fell 5.3 percent to a seasonally adjusted annual rate of 1.201 million units last month, the Commerce Department said on Wednesday. Data for August was revised down to show starts rising to a rate of 1.268 million units instead of the previously reported pace of 1.282 million units. Economists polled by Reuters had forecast housing starts declining to a pace of 1.220 million units last month. They, however, remain below the level of single-family starts, suggesting limited scope f
US housing starts fall more than expected in September Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-17
Keywords: news, cnbc, companies, mortgage, homebuilding, starts, units, expected, singlefamily, fell, housing, million, fall, pace, rate


US housing starts fall more than expected in September

U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence.

Housing starts fell 5.3 percent to a seasonally adjusted annual rate of 1.201 million units last month, the Commerce Department said on Wednesday. Data for August was revised down to show starts rising to a rate of 1.268 million units instead of the previously reported pace of 1.282 million units.

Starts in the South, which accounts for the bulk of homebuilding, tumbled 13.7 percent last month. That was the biggest decline since October 2015. Hurricane Florence slammed North and South Carolina in mid-September and flooding from the storm probably depressed homebuilding last month.

Building permits fell 0.6 percent to a rate of 1.241 million units in September. That was the second straight monthly decline in permits and suggested homebuilding is likely to remain tepid.

Economists polled by Reuters had forecast housing starts declining to a pace of 1.220 million units last month. Starts surged 29 percent in the Northeast and rose 6.6 percent in the West. They fell 14.0 percent in the Midwest.

The housing market has been a weak spot in a robust economy. Economists blame the sluggishness on rising mortgage rates, which have combined with higher house prices to make home purchasing unaffordable for some first-time buyers.

The 30-year fixed mortgage rate jumped 19 basis points to 4.90 percent last week, the highest level since mid-April 2011, according to data from mortgage finance agency Freddie Mac. The mortgage rate has risen about 91 basis points this year.

Single-family homebuilding, which accounts for the largest share of the housing market, decreased 0.9 percent to a rate of 871,000 units in September. Single-family homebuilding has lost momentum since hitting a pace of 948,000 units last November, which was the strongest in more than 10 years.

A survey on Tuesday showed confidence among single-family homebuilders rose in October, but builders said “housing affordability has become a challenge due to ongoing price and interest rate increases.”

Permits to build single-family homes rose 2.9 percent in September to a pace of 851,00 units. They, however, remain below the level of single-family starts, suggesting limited scope for a strong rebound in homebuilding.

Starts for the volatile multi-family housing segment plunged 15.2 percent to a rate of 330,000 units in September. Permits for the construction of multi-family homes declined 7.6 percent to a pace of 390,000 units.


Company: cnbc, Activity: cnbc, Date: 2018-10-17
Keywords: news, cnbc, companies, mortgage, homebuilding, starts, units, expected, singlefamily, fell, housing, million, fall, pace, rate


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IBM falls after revenue misses

Here’s how the company performed:Earnings : $3.42 per share, excluding certain items, vs. $3.40 per share as expected by analysts, according to Refinitiv. Revenue: $18.76 billion, vs. $19.10 billion as expected by analysts, according to Refinitiv. The company sustained five years of revenue declines before reversing the trend by showing revenue growth for three consecutive quarters. The Cognitive Solutions business segment produced $4.1 billion in revenue, down 6 percent and below the $4.3 billi


Here’s how the company performed:Earnings : $3.42 per share, excluding certain items, vs. $3.40 per share as expected by analysts, according to Refinitiv. Revenue: $18.76 billion, vs. $19.10 billion as expected by analysts, according to Refinitiv. The company sustained five years of revenue declines before reversing the trend by showing revenue growth for three consecutive quarters. The Cognitive Solutions business segment produced $4.1 billion in revenue, down 6 percent and below the $4.3 billi
IBM falls after revenue misses Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: jordan novet, jodi gralnick
Keywords: news, cnbc, companies, vs, billion, misses, business, analysts, ibm, services, share, according, falls, company, revenue, expected


IBM falls after revenue misses

IBM stock fell as much as 5 percent on Tuesday after the company reported mixed earnings for its fiscal third quarter.

Here’s how the company performed:

Earnings : $3.42 per share, excluding certain items, vs. $3.40 per share as expected by analysts, according to Refinitiv.

: $3.42 per share, excluding certain items, vs. $3.40 per share as expected by analysts, according to Refinitiv. Revenue: $18.76 billion, vs. $19.10 billion as expected by analysts, according to Refinitiv.

The company’s overall revenue came in 2 percent lower year over year, according to a statement.

Analysts were expecting IBM’s revenue to drop for the quarter, which ended on Sept. 30. The company sustained five years of revenue declines before reversing the trend by showing revenue growth for three consecutive quarters.

IBM’s biggest business segment, Technology Services and Cloud Platforms, hit $8.3 billion in revenue, which was down 2 percent year over year. Analysts had expected $8.43 billion in revenue from the group, according to FactSet.

The Cognitive Solutions business segment produced $4.1 billion in revenue, down 6 percent and below the $4.3 billion estimate, while Global Business Services delivered revenue of $4.1 billion, up 1 percent and above the $4.06 billion FactSet estimate.

IBM’s Systems business had $1.7 billion in revenue, up 1 percent and below the $1.79 billion estimate.


Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: jordan novet, jodi gralnick
Keywords: news, cnbc, companies, vs, billion, misses, business, analysts, ibm, services, share, according, falls, company, revenue, expected


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US industrial production rose 0.3% in Sept, vs 0.2% increase expected

The Federal Reserve said on Tuesday industrial production rose 0.3 percent last month after an unrevised 0.4 percent increase in August. Industrial output grew at a 3.3 percent annualized rate in the third quarter after accelerating at a 5.3 percent pace in the second quarter. The Fed said industrial output in September had been held down “slightly” by Hurricane Florence, which drenched South and North Carolina in mid-September. The U.S. central bank estimated the impact of the storm on industri


The Federal Reserve said on Tuesday industrial production rose 0.3 percent last month after an unrevised 0.4 percent increase in August. Industrial output grew at a 3.3 percent annualized rate in the third quarter after accelerating at a 5.3 percent pace in the second quarter. The Fed said industrial output in September had been held down “slightly” by Hurricane Florence, which drenched South and North Carolina in mid-September. The U.S. central bank estimated the impact of the storm on industri
US industrial production rose 0.3% in Sept, vs 0.2% increase expected Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-16
Keywords: news, cnbc, companies, increase, 03, vs, straight, sept, rose, month, economy, 02, unchanged, vehicle, strong, production, output, industrial, increased, expected


US industrial production rose 0.3% in Sept, vs 0.2% increase expected

U.S. industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output, but momentum slowed sharply in the third quarter.

The Federal Reserve said on Tuesday industrial production rose 0.3 percent last month after an unrevised 0.4 percent increase in August. Industrial output grew at a 3.3 percent annualized rate in the third quarter after accelerating at a 5.3 percent pace in the second quarter.

The Fed said industrial output in September had been held down “slightly” by Hurricane Florence, which drenched South and North Carolina in mid-September. The U.S. central bank estimated the impact of the storm on industrial production as “less than 0.1 percentage point.”

Manufacturing output increased 0.2 percent in September after rising 0.3 percent in August.

A 1.7 percent increase in motor vehicle production helped to lift manufacturing output last month. Motor vehicle production surged 4.3 percent in August.

There were also strong increases in the production of primary metals, machinery and wood products.

Manufacturing, which accounts for about 12 percent of the economy, is being supported by a strong domestic economy. Momentum is, however, slowing against the backdrop of a strong dollar and cooling global growth, which is restraining exports.

Manufacturing output increased at a 2.8 percent rate in the third quarter after growing at a 2.3 percent pace in the April-June period. Mining production increased 0.5 percent, adding to the 0.4 percent rise in August. Oil and gas well drilling, however, fell for a third straight month in September.

Utilities output was unchanged in September after surging 1.1 percent in the prior month.

Capacity utilization for the industrial sector, a measure of how fully firms are using their resources, was unchanged at 78.1 percent. It is 1.7 percentage points below its 1972-to-2017 average.

Officials at the Fed tend to look at capacity use measures for signals of how much “slack” remains in the economy how far growth has room to run before it becomes inflationary.


Company: cnbc, Activity: cnbc, Date: 2018-10-16
Keywords: news, cnbc, companies, increase, 03, vs, straight, sept, rose, month, economy, 02, unchanged, vehicle, strong, production, output, industrial, increased, expected


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Money is flooding into these 10 industries that are adding jobs and thriving

Which industries are expected to thrive and grow the most over the next decade? Small-business financial solutions company Fundera analyzed data from the Bureau of Labor Statistics, market research firms and investment firms to find out. Tech companies outperformed other industries “across the board” in Fundera’s analysis. “A decade ago, tech investors mainly invested money in communication tools, social networks, and software as a service,” the report says. “Now, the universe of companies that


Which industries are expected to thrive and grow the most over the next decade? Small-business financial solutions company Fundera analyzed data from the Bureau of Labor Statistics, market research firms and investment firms to find out. Tech companies outperformed other industries “across the board” in Fundera’s analysis. “A decade ago, tech investors mainly invested money in communication tools, social networks, and software as a service,” the report says. “Now, the universe of companies that
Money is flooding into these 10 industries that are adding jobs and thriving Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: emmie martin, seongjoon cho, bloomberg, getty images
Keywords: news, cnbc, companies, jobs, technology, companies, nearly, expected, grow, flooding, adding, firms, decade, thriving, money, tech, industries, fundera


Money is flooding into these 10 industries that are adding jobs and thriving

Which industries are expected to thrive and grow the most over the next decade? Small-business financial solutions company Fundera analyzed data from the Bureau of Labor Statistics, market research firms and investment firms to find out.

Technology, unsurprisingly, comes out on top. “Technology is at the heart of nearly everything we do and experience these days,” Fundera reports. Tech companies outperformed other industries “across the board” in Fundera’s analysis.

“A decade ago, tech investors mainly invested money in communication tools, social networks, and software as a service,” the report says. “Now, the universe of companies that call themselves technology companies has grown tremendously.”

Health and energy place second and third in the ranking, respectively. The health industry secures nearly a quarter of total venture capital investments, and the energy sector is poised to see revenues grow more than 8 percent over the next decade, according to the report.

If you’re planning to start a new business, or to join one that’s expected to flourish, here are the top 10 booming industries.


Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: emmie martin, seongjoon cho, bloomberg, getty images
Keywords: news, cnbc, companies, jobs, technology, companies, nearly, expected, grow, flooding, adding, firms, decade, thriving, money, tech, industries, fundera


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Gold rises as falling markets burnish appeal

Gold prices rose on Monday as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates. When stock markets are not stable, there is some safe haven buying,” said Ronald Leung, chief dealer, Lee Cheong Gold Dealers, Hong Kong. Gold remains down by more than 10 percent from its April peak, pressured by a strong dollar as the U.S.-China trade war unfolds and higher U.S. interest rates. Gold speculators extended their ne


Gold prices rose on Monday as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates. When stock markets are not stable, there is some safe haven buying,” said Ronald Leung, chief dealer, Lee Cheong Gold Dealers, Hong Kong. Gold remains down by more than 10 percent from its April peak, pressured by a strong dollar as the U.S.-China trade war unfolds and higher U.S. interest rates. Gold speculators extended their ne
Gold rises as falling markets burnish appeal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-15
Keywords: news, cnbc, companies, stock, appeal, expected, falling, war, interest, contracts, gold, shares, rose, rises, trade, burnish, markets


Gold rises as falling markets burnish appeal

Gold prices rose on Monday as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates.

Spot gold was up 0.4 percent at $1,222.0 an ounce at 0417 GMT, and not far off last week’s two-month high of $1,226.70.

U.S. gold futures were up 0.2 percent at $1,225.60 an ounce.

“Gold is closely following the stock market. When stock markets are not stable, there is some safe haven buying,” said Ronald Leung, chief dealer, Lee Cheong Gold Dealers, Hong Kong.

“There are many uncertainties ahead for equities including the ongoing trade war, upcoming mid-term elections in the U.S., along with an expected interest rate hike in December … We will have to see how gold reacts to these.”

Asian shares slipped on Monday, with MSCI’s broadest index of Asia-Pacific shares outside Japan down 1 percent.

“Gold is more appealing after the stock market crash. It has regained some of its safe haven lure,” said Brian Lan, managing director at Singapore dealer GoldSilver Central.

A sell-off in equities last week, helped gold break above the narrow trading range of the past 1-1/2 months, with the metal jumping as much as 2.5 percent on Thursday, its biggest one-day percentage gain in more than two years.

“Gold remains supported by escalating geopolitical tensions… Adding to the mix is the thought the FOMC may consider pausing their widely expected rate hike in December if global equity markets continue to falter,” said Stephen Innes, APAC trading head at OANDA in Singapore.

“An abrupt shift in Fed policy will likely lead to a lack of confidence in the world’s most important central bank and could destabilize markets further.”

The Fed hiked rates last month for the third time this year and is expected to raise them again in December.

Gold remains down by more than 10 percent from its April peak, pressured by a strong dollar as the U.S.-China trade war unfolds and higher U.S. interest rates.

China faced “tremendous uncertainties” due to the impact of tariffs and trade frictions, China central bank governor Yi Gang said on Sunday.

Gold speculators extended their net short position on Comex gold contracts by 29,881 contracts to 103,009 contracts in the week to Oct. 9, data showed.

Spot gold may edge up to $1,235 per ounce, as suggested by a Fibonacci ratio analysis, according to Reuters technical analyst Wang Tao.

Meanwhile, holdings in SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.76 percent to 744.64 tonnes on Friday.

In other precious metals, palladium rose 0.5 percent to $1,071.10. Silver was up 0.6 percent at $14.63 and platinum gained 0.5 percent to $840.50.


Company: cnbc, Activity: cnbc, Date: 2018-10-15
Keywords: news, cnbc, companies, stock, appeal, expected, falling, war, interest, contracts, gold, shares, rose, rises, trade, burnish, markets


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