Rihanna reveals a golden rule for her luxury fashion line

Pop star Rihanna claims her golden rule for her luxury fashion line, Fenty, is that buyers must believe she would wear all the clothing. “I don’t want anyone to pull up my website and think, Rihanna would never wear that.” Rihanna is also the first black woman to head up a brand for the fashion group. The singer, who’s full name is Robyn Rihanna Fenty, had already teamed up with LVMH in 2017 for the make-up line, Fenty Beauty, which raked in close to $600 million in its first year. Hardcore fans


Pop star Rihanna claims her golden rule for her luxury fashion line, Fenty, is that buyers must believe she would wear all the clothing. “I don’t want anyone to pull up my website and think, Rihanna would never wear that.” Rihanna is also the first black woman to head up a brand for the fashion group. The singer, who’s full name is Robyn Rihanna Fenty, had already teamed up with LVMH in 2017 for the make-up line, Fenty Beauty, which raked in close to $600 million in its first year. Hardcore fans
Rihanna reveals a golden rule for her luxury fashion line Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: vicky mckeever
Keywords: news, cnbc, companies, wear, rule, woman, golden, million, luxury, rihanna, fenty, reveals, line, fashion, pop, lvmh, partnership


Rihanna reveals a golden rule for her luxury fashion line

Pop star Rihanna claims her golden rule for her luxury fashion line, Fenty, is that buyers must believe she would wear all the clothing.

“I’m not the face of my brand, but I am the muse, and my DNA has to run all the way through it,” she said in an interview for the November issue of US Vogue.

“I don’t want anyone to pull up my website and think, Rihanna would never wear that.”

She launched the Paris-based line earlier this year, in partnership with LVMH Moët Hennessy Louis Vuitton, becoming the first woman ever to create a label for the luxury house. Rihanna is also the first black woman to head up a brand for the fashion group.

The singer, who’s full name is Robyn Rihanna Fenty, had already teamed up with LVMH in 2017 for the make-up line, Fenty Beauty, which raked in close to $600 million in its first year. The original 40-shade foundation collection has been credited with making this range a standard in the beauty industry, dubbed as “the Fenty effect”.

Rihanna’s partnership with LVMH made her America’s richest female musician and one of the wealthiest self-made women under 40, with a net worth of $600 million, according to Forbes’ 2019 list.

Other projects from the Barbadian pop icon include an intimates line, Savage X Fenty, along with a coffee table book, Rihanna, due to be published on October 24.

Rihanna’s focus on business ventures outside music has not gone unnoticed by her loyal fanbase, known as the “Navy”, who have shared their eager, and sometimes impatient, anticipation for the singer’s ninth album on social media. A week after the interview she reportedly registered a new song called “Private Loving”, having said a 10th album is in the “discovery stage”.

Hardcore fans had also deduced she had applied to register Fenty Skin, suggesting the entertainment mogul has a skincare line in her sights.


Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: vicky mckeever
Keywords: news, cnbc, companies, wear, rule, woman, golden, million, luxury, rihanna, fenty, reveals, line, fashion, pop, lvmh, partnership


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3 ways to help your kids make the most of their allowance

If you want your kids to save part or all of their allowance, make it easy for them. But only 3% of parents report that their kids primarily save their allowance, a figure that the AICPA finds “concerning.” “It’s still parents who have the most influence [on kids’ money habits]. Graphic preview What kids earn The top-paying chores for kids in the U.S. kiersten schmidt/grow Rooster MoneyHere are three ways you can use an allowance to teach your kids about money management and help them to make th


If you want your kids to save part or all of their allowance, make it easy for them. But only 3% of parents report that their kids primarily save their allowance, a figure that the AICPA finds “concerning.” “It’s still parents who have the most influence [on kids’ money habits]. Graphic preview What kids earn The top-paying chores for kids in the U.S. kiersten schmidt/grow Rooster MoneyHere are three ways you can use an allowance to teach your kids about money management and help them to make th
3 ways to help your kids make the most of their allowance Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: alizah salario, ivana pino, sam becker, lisa ferber
Keywords: news, cnbc, companies, youre, allowance, golden, save, child, financial, ways, parents, help, money, kids


3 ways to help your kids make the most of their allowance

If you want your kids to save part or all of their allowance, make it easy for them. Consider getting them a savings jar or even opening them a bank account. Two in three parents give their child an allowance. They dole out an average of $30 per week, according to a recent survey of 1,002 adults conducted by The Harris Poll on behalf of the American Institute of Certified Public Accountants, and in many cases the money is linked to the completion of household chores. But only 3% of parents report that their kids primarily save their allowance, a figure that the AICPA finds “concerning.” Nearly all, or 92%, of parents say it’s important for their child to learn how to manage money, and helping your kids become savers early on is a great way to make that happen. By saving a third of a $30 weekly allowance, your child would be able to sock away over $500 every year. “It’s a missed opportunity, generally, if you’re not taking to your kids about money,” says Paul Golden, managing director at the National Endowment for Financial Education. “It’s still parents who have the most influence [on kids’ money habits]. They’re the front line of defense.”

Graphic preview What kids earn The top-paying chores for kids in the U.S. kiersten schmidt/grow Rooster Money

Here are three ways you can use an allowance to teach your kids about money management and help them to make the most of it over time.

1. Set kids up to be savers

Encouraging your kid to save even part of their allowance can help them establish healthy financial habits. Start by conditioning your kids to automatically save a certain amount each month because “then they don’t miss it,” says Golden. With younger children, Golden suggests using a savings jar so they can see the money building up. Then, once your child starts asking about how banks work, consider opening a savings account. Pay attention to their cues and take advantage of their interest, he says. “Once you’ve started with the habit of saving when you’re young, you start seeing what saving [money] actually does for you,” Clark D. Randall, a certified financial planner and the founder of Financial Enlightenment in Dallas, Texas, told Grow earlier this year. Parents are usually the No. 1 money influence on their kids. In a recent survey of “supersavers,” or people who put an impressive share of their income away for retirement, 80% gave credit to their parents for positively influencing their savings habits.

It’s a missed opportunity, generally, if you’re not taking to your kids about money. Paul Golden Managing director, National Endowment for Financial Education

2. Teach them to budget

Instead of saving, kids, like many adults, put money toward the things they want in the moment. In the AICPA’s survey, parents reported that kids spend most of their allowance money on outings with friends (47%) followed by digital devices and downloads (37%) and toys (33%). Learning to budget, though, will allow your child to think about all what they want to prioritize in the coming week, month, or year. If there’s something expensive your child really wants, you can drive home the connection between spending and earning by explaining how budgeting can help them meet their goals. Let’s say they want a $200 tablet but they end up blowing their allowance each week going out with friends. By setting aside, say, $20 of their $30 allowance, they can count on getting what they want in only 10 weeks. If they want it sooner, they can sock away the full $30 each week. And if they continue to splurge instead of save, don’t get mad. “It’s OK to make mistakes,” says Golden. “That starts to condition us as adults. There’s not some fairy that will come down and get you through till the next paycheck” when you’re an adult, either. So the best time for kids to trip up is when parents are there to guide and counsel them, and help them figure out what to do better going forward.

3. Help them differentiate between wants and needs

By helping them learn to budget for short- and long-term goals at a young age, you’re setting your kids up to tell the difference between wants and needs, explains Golden. Older kids may have to cover bills for the first time. “Once you have teens, they have to start prioritizing things they’ve never done [before], like putting gas in the car or paying for auto insurance,” he says. Condition kids to put money aside by encouraging them to save and budget starting at a young age, and they’ll be prepared to put their needs first. That, in turn, can help them avoid certain pitfalls of overspending, like winding up without money for gas.

Bonus advice: How much to give and how to set an example


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: alizah salario, ivana pino, sam becker, lisa ferber
Keywords: news, cnbc, companies, youre, allowance, golden, save, child, financial, ways, parents, help, money, kids


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Chinese tourism growth slows as overseas travel loses its luster

BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate. “Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.” Tourism growth slowed during another go


BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate. “Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.” Tourism growth slowed during another go
Chinese tourism growth slows as overseas travel loses its luster Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: evelyn cheng
Keywords: news, cnbc, companies, tourism, chinese, travel, golden, loses, data, consumption, slows, day, days, growth, oct, overseas, week, holiday, million, luster


Chinese tourism growth slows as overseas travel loses its luster

XIAOSHAN AIRPORT, HANGZHOU, ZHEJIANG PROVINCE, CHINA: An outbound tourist group is waiting for check-in in front of the counter of China Customs. Chinese nationals have become the largest number of foreign tourists visiting other countries in 2015 as the number of outbound visitors crossed 120 million, registering an 11 million increase from last year.

BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate.

The seven-day vacation from Oct. 1 to Oct. 7 is dubbed “Golden Week” and is one of the few major government-mandated holidays in a country where personal vacation days are few. This year’s National Day was particularly significant domestically since it revolved around massive celebrations on Oct. 1 for the 70th anniversary of the Communist Party’s rule.

Chinese tourist sites received 782 million visits during the holiday, up well over 7% from last year’s 726 million, according to the Ministry of Culture and Tourism. But, that’s slower than reported growth of more than 9% in 2018, and down from a 10% increase in 2017.

Retail and food and beverage sales from Oct. 1 to Oct. 7 grew 8.5% to 1.52 trillion yuan ($212.7 billion), according to the Ministry of Commerce. While a solid figure, that’s a slower pace than the Commerce Ministry’s claims of nearly 10% or higher growth for previous years.

“Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.”

Chinese authorities are trying to boost domestic consumption in an effort to support economic growth. Shortly after a major government meeting in March, authorities announced the May 1 Labor Day holiday would be extended by two days by swapping those working days with weekends, as is typical in China.

Tourism growth slowed during another golden week this year, the Lunar New Year holiday in February. Official numbers for overseas travel during that period were not clear about the actual rate of change.


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: evelyn cheng
Keywords: news, cnbc, companies, tourism, chinese, travel, golden, loses, data, consumption, slows, day, days, growth, oct, overseas, week, holiday, million, luster


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Toronto Raptors beat Golden State Warriors to win first NBA title

Toronto Raptors guard Kyle Lowry (7) kisses the trophy after the Toronto Raptors beat the Golden State Warriors in the NBA Finals, Game 6 at Oracle Arena. The Toronto Raptors delivered Canada its first NBA title with a 114-110 victory over the two-time defending champion Golden State Warriors on Thursday that set off a country-wide celebration. Toronto forward Kawhi Leonard, who arrived in a blockbuster trade with the San Antonio Spurs last July, was named the NBA Finals Most Valuable Player. Bu


Toronto Raptors guard Kyle Lowry (7) kisses the trophy after the Toronto Raptors beat the Golden State Warriors in the NBA Finals, Game 6 at Oracle Arena. The Toronto Raptors delivered Canada its first NBA title with a 114-110 victory over the two-time defending champion Golden State Warriors on Thursday that set off a country-wide celebration. Toronto forward Kawhi Leonard, who arrived in a blockbuster trade with the San Antonio Spurs last July, was named the NBA Finals Most Valuable Player. Bu
Toronto Raptors beat Golden State Warriors to win first NBA title Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-14
Keywords: news, cnbc, companies, toronto, win, hard, state, title, raptors, set, nba, golden, warriors, beat, game, thompson, series, lowry


Toronto Raptors beat Golden State Warriors to win first NBA title

Toronto Raptors guard Kyle Lowry (7) kisses the trophy after the Toronto Raptors beat the Golden State Warriors in the NBA Finals, Game 6 at Oracle Arena.

The Toronto Raptors delivered Canada its first NBA title with a 114-110 victory over the two-time defending champion Golden State Warriors on Thursday that set off a country-wide celebration.

With a nation hanging on their every shot, Canada’s only NBA team put the finishing touches to a remarkable 4-2 series upset that denied the Warriors a fourth championship in five years.

“I can’t really think right now, this is crazy. This is awesome man,” said Toronto guard Kyle Lowry. “Toronto! Canada! We brought it home baby! We brought it home!”

When the final buzzer sounded, jubilant Raptors fans flooded the streets of downtown Toronto for a night of celebration not seen in the city since Major League Baseball’s Toronto Blue Jays last won a World Series title in 1993.

Toronto forward Kawhi Leonard, who arrived in a blockbuster trade with the San Antonio Spurs last July, was named the NBA Finals Most Valuable Player.

“Last summer I was going through a lot. I had a great support system, I just kept working hard, working hard and had my mind set on this goal right here,” said Leonard, who last season was limited to nine games due to a quadriceps injury.

“I came to a team, a new coach, and that mindset was the same as mine. This is what I play basketball for, this is what I work out for all summer, during the season and I’m happy that my hard work paid off.”

Kyle Lowry and Pascal Siakam each had 26 points for Toronto while sharp-shooting Warriors guard Klay Thompson, who left the game with an injury in the third quarter, had 30 points.

Despite playing against a more playoff-seasoned opponent, the Raptors proved unflappable throughout the series and whenever the Warriors looked set to seize momentum Toronto would use some smart passes and precise shooting to maintain control.

The Warriors, who lost Kevin Durant to a ruptured Achilles in Game Five, were dealt another crushing blow late in the third quarter of a tight game when Thompson came down awkwardly after a shot attempt.

Thompson, who was fouled on the play, was in obvious pain and headed toward the locker room but suddenly reappeared to shoot his free throws, which if he did not shoot would have made him ineligible to come back later in the game.

But after making both free throws Thompson went to the Warriors locker room and was later seen walking on crutches.

The loss sends the Warriors into an offseason of uncertainty given some of their top players, including Durant and Thompson, are eligible to become free agents.


Company: cnbc, Activity: cnbc, Date: 2019-06-14
Keywords: news, cnbc, companies, toronto, win, hard, state, title, raptors, set, nba, golden, warriors, beat, game, thompson, series, lowry


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Kevin Durant’s injury is not only changing the potential makeup of the NBA, it’s moving stocks

Kevin Durant #35 of the Golden State Warriors reacts after sustaining an injury during the second quarter against the Toronto Raptors during Game Five of the 2019 NBA Finals at Scotiabank Arena on June 10, 2019 in Toronto, Canada. Basketball superstar Kevin Durant’s injury may have reshaped the outlook of the NBA’s upcoming free agency period, but it also sent ripples through Wall Street. Shares of MSG Networks tumbled nearly 5% on Tuesday after Durant reportedly tore his Achilles tendon in Game


Kevin Durant #35 of the Golden State Warriors reacts after sustaining an injury during the second quarter against the Toronto Raptors during Game Five of the 2019 NBA Finals at Scotiabank Arena on June 10, 2019 in Toronto, Canada. Basketball superstar Kevin Durant’s injury may have reshaped the outlook of the NBA’s upcoming free agency period, but it also sent ripples through Wall Street. Shares of MSG Networks tumbled nearly 5% on Tuesday after Durant reportedly tore his Achilles tendon in Game
Kevin Durant’s injury is not only changing the potential makeup of the NBA, it’s moving stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-12  Authors: fred imbert
Keywords: news, cnbc, companies, potential, knicks, warriors, raptors, changing, free, makeup, durants, state, kevin, stocks, durant, golden, nba, toronto, injury, moving


Kevin Durant's injury is not only changing the potential makeup of the NBA, it's moving stocks

Kevin Durant #35 of the Golden State Warriors reacts after sustaining an injury during the second quarter against the Toronto Raptors during Game Five of the 2019 NBA Finals at Scotiabank Arena on June 10, 2019 in Toronto, Canada.

Basketball superstar Kevin Durant’s injury may have reshaped the outlook of the NBA’s upcoming free agency period, but it also sent ripples through Wall Street.

Shares of MSG Networks tumbled nearly 5% on Tuesday after Durant reportedly tore his Achilles tendon in Game 5 of the NBA Finals between the Golden State Warriors and the Toronto Raptors on Monday evening. Durant was expected to opt out of his current contract with Golden State at the end of the season, making the 10-time All-Star the marquee free agent of 2019.

Several teams, including the New York Knicks, were expected to vie for Durant’s services in free agency. Signing Durant, a two-time NBA champion and one of the best players in the league, could have helped the Knicks become a playoff contender. The Knicks have missed the NBA playoffs for six straight years.


Company: cnbc, Activity: cnbc, Date: 2019-06-12  Authors: fred imbert
Keywords: news, cnbc, companies, potential, knicks, warriors, raptors, changing, free, makeup, durants, state, kevin, stocks, durant, golden, nba, toronto, injury, moving


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The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou


“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou
The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


The last time the Netflix chart formed a 'golden cross,' it rallied 95 percent

Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform.

Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name could still have more room to run.

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.”

The bullish golden cross forms when a shorter-term moving average crosses above a longer term. It signals the reversal of a downtrend. A golden cross formed March 11 on Netflix’s charts.

“The last two times in 2015 and 2016, it saw a rally of 120 and 95 percent after they saw the golden crosses,” said Maley. “I’m not calling for that kind of a huge rally but history says it’s been a positive sign,” he said.

Maley said the charts have a different story for Apple’s stock.

“It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “It’s also bumping up against its 200-day moving average so with it being overbought and bumping up against that key moving average I think it’s going to have a tough time breaking above it on its first try.”

Apple is a 2 percent rally from its 200-day moving average. It has not traded above that trend line since November.

“It will probably have to pull back, consolidate its gains, work off that overbought condition before it can rally further,” said Maley.

Netflix may have difficulty continuing to grow as increased competition muscles its way into the space, said Gina Sanchez, CEO of Chantico Global.

“Netflix is obviously the one with the most to lose,” Sanchez said Tuesday on “Trading Nation.” “My concern is actually that Netflix may actually paint itself into a corner. Everybody is gunning for territory that Netflix has already created. Netflix has a massive spending budget in order to continue to move a needle that quite frankly is getting harder and harder to move in terms of revenue.”

Netflix sales are expected to slow from 35 percent growth in 2018 to 24 percent by 2020.

“You look at the average number of subscriptions that cord cutters have. You’re talking about three-plus subscriptions. Quite frankly, viewers are getting subscription fatigue. At some point you’re going to have to see some consolidation,” Sanchez said.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


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The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou


“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.” The bullish golden cross forms when a shorter-term moving average crosses above a longer term. “It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “Netflix is obviou
The last time the Netflix chart formed a ‘golden cross,’ it rallied 95 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


The last time the Netflix chart formed a 'golden cross,' it rallied 95 percent

Netflix is set to gain a new competitor next week when Apple will reportedly unveil its streaming platform.

Netflix shares have risen slightly in the past week and are up 35 percent this year. They are the best performers of the FANG stocks. Miller Tabak equity strategist Matt Maley said the name could still have more room to run.

“This stock already took a little bit of a breather last month and now it’s starting to rally again,” Maley said Tuesday on CNBC’s “Trading Nation.” “The key that’s really going on right now is the stock is seeing a golden cross with its 50-day moving average moving above its 200-day moving average.”

The bullish golden cross forms when a shorter-term moving average crosses above a longer term. It signals the reversal of a downtrend. A golden cross formed March 11 on Netflix’s charts.

“The last two times in 2015 and 2016, it saw a rally of 120 and 95 percent after they saw the golden crosses,” said Maley. “I’m not calling for that kind of a huge rally but history says it’s been a positive sign,” he said.

Maley said the charts have a different story for Apple’s stock.

“It’s getting overbought on a near-term basis,” he said Tuesday on “Trading Nation.” “It’s also bumping up against its 200-day moving average so with it being overbought and bumping up against that key moving average I think it’s going to have a tough time breaking above it on its first try.”

Apple is a 2 percent rally from its 200-day moving average. It has not traded above that trend line since November.

“It will probably have to pull back, consolidate its gains, work off that overbought condition before it can rally further,” said Maley.

Netflix may have difficulty continuing to grow as increased competition muscles its way into the space, said Gina Sanchez, CEO of Chantico Global.

“Netflix is obviously the one with the most to lose,” Sanchez said Tuesday on “Trading Nation.” “My concern is actually that Netflix may actually paint itself into a corner. Everybody is gunning for territory that Netflix has already created. Netflix has a massive spending budget in order to continue to move a needle that quite frankly is getting harder and harder to move in terms of revenue.”

Netflix sales are expected to slow from 35 percent growth in 2018 to 24 percent by 2020.

“You look at the average number of subscriptions that cord cutters have. You’re talking about three-plus subscriptions. Quite frankly, viewers are getting subscription fatigue. At some point you’re going to have to see some consolidation,” Sanchez said.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: keris lahiff, andrew harrer, bloomberg, getty images, arjun kharpal, christophe morin, getty images news, kcna, thomas barwick getty images, source
Keywords: news, cnbc, companies, netflix, average, maley, moving, 95, nation, formed, golden, overbought, chart, rally, trading, sanchez, rallied, cross


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Golden Gate Ventures and South Korea’s Hanwha planning a Southeast Asia investment fund

Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far. Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an e


Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far. Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an e
Golden Gate Ventures and South Korea’s Hanwha planning a Southeast Asia investment fund Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: saheli roy choudhury, bryan van der beek, bloomberg, getty images
Keywords: news, cnbc, companies, gap, investment, southeast, planning, koreas, ventures, golden, gate, asset, south, startups, fund, funds, series, hanwha


Golden Gate Ventures and South Korea's Hanwha planning a Southeast Asia investment fund

Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia.

The firms are looking to raise around $200 million in funds and already have about $80 million worth of commitments from investors, according to a source familiar with the matter.

Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far.

In a press release, however, the companies said investments will focus on start-ups that are raising funds in the so-called Series B round — at that stage, start-ups have moved past the early development phase, achieved a few important initial milestones, and are looking for financing to grow their businesses to meet user demands.

Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an early-stage venture capital fund in the region.

“Just like there was a Seed-stage gap in 2013 that closed by 2015, then a Series A gap in 2015 that closed by 2017, now there’s a Series B gap that started in 2018,” Vinnie Lauria, a founding partner at Golden Gate Ventures, told CNBC by email.

Seed and Series A refer to early-stage fundraising efforts from new start-ups.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: saheli roy choudhury, bryan van der beek, bloomberg, getty images
Keywords: news, cnbc, companies, gap, investment, southeast, planning, koreas, ventures, golden, gate, asset, south, startups, fund, funds, series, hanwha


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Golden Gate Ventures and South Korea’s Hanwha planning a Southeast Asia investment fund

Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far. Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an e


Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia. Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far. Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an e
Golden Gate Ventures and South Korea’s Hanwha planning a Southeast Asia investment fund Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: saheli roy choudhury, bryan van der beek, bloomberg, getty images
Keywords: news, cnbc, companies, gap, investment, southeast, planning, koreas, ventures, golden, gate, asset, south, startups, fund, funds, series, hanwha


Golden Gate Ventures and South Korea's Hanwha planning a Southeast Asia investment fund

Singapore-based Golden Gate Ventures said Tuesday it is teaming up with South Korean asset manager Hanwha Asset Management to invest in technology start-ups in Southeast Asia.

The firms are looking to raise around $200 million in funds and already have about $80 million worth of commitments from investors, according to a source familiar with the matter.

Both Golden Gate Ventures and Hanwha Asset Management declined to comment on the goal for the fund’s size or on how much had been committed so far.

In a press release, however, the companies said investments will focus on start-ups that are raising funds in the so-called Series B round — at that stage, start-ups have moved past the early development phase, achieved a few important initial milestones, and are looking for financing to grow their businesses to meet user demands.

Start-ups in Southeast Asia receive fewer investments during Series B funding than their counterparts in the U.K. and the United States, according to Golden Gate Ventures, an early-stage venture capital fund in the region.

“Just like there was a Seed-stage gap in 2013 that closed by 2015, then a Series A gap in 2015 that closed by 2017, now there’s a Series B gap that started in 2018,” Vinnie Lauria, a founding partner at Golden Gate Ventures, told CNBC by email.

Seed and Series A refer to early-stage fundraising efforts from new start-ups.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: saheli roy choudhury, bryan van der beek, bloomberg, getty images
Keywords: news, cnbc, companies, gap, investment, southeast, planning, koreas, ventures, golden, gate, asset, south, startups, fund, funds, series, hanwha


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