What you need to know on Wall Street today
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Goldman Sachs has been on a mission to become the Google of Wall Street, with its chief financial officer, Marty Chavez, once saying "Goldman is for risk what Google is for search." Now it has snagged a top engineer from the West Coast tech giant.
Reinaldo Aguiar, a former senior software engineer at Google, is set to join the investment bank in March, a person familiar with the hire told Business Insider. Read the full story.
Hedge funds are expected to pull in $41 billion in fresh assets this year, according to a survey by Deutsche Bank. Here are the hottest strategies. Investors are piling back into an infamous trade that just blew up. Millennials are making a big mistake when it comes to investing, Morgan Stanley's US equity chief says.
Here's a definitive guide to the state of each business on Wall Street, which is coming off a ghastly year.
Riot Blockchain plummeted after a CNBC investigation found no evidence of an advertised shareholders meeting.
Here's the latest in Crypto:
- Atari just announced its own cryptocurrency - and its stock already spiked over 60%
- TOM LEE: Bitcoin will surge to new record highs by July
- JPMORGAN: A key component of bitcoin's design might be its Achilles' heel during a financial meltdown
- The SEC halted trading of 3 companies after they said they were diving into crypto
- Coinbase users got hit with thousands of dollars in 'ghost' charges after a credit card systems glitch
Legendary investor Bill Gurley says that there's a "systematic problem in Silicon Valley" because it's too easy to get cash.
Google has never revealed YouTube's revenues - but one analyst who thinks that's about to change says it's a $15 billion business. Big marketers like McDonald's, HP, and State Farm are changing the ad agency model as we know it.
"Black Panther" is already breaking records at the box office - and had the second-best Thursday preview of any Marvel movie.
Lastly, here's a day in the life of a United Airlines flight attendant, who woke up before 3 a.m. and ran circles around us for 9 hours.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
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