Tag Archives: King

Nicknamed “the Bond King” by Fortune Magazine in 2002, Pacific Investment Management Company (PIMCO) founder Bill Gross made both a name and a very profitable empire managing bond funds. At the height of his career, Gross earned over $300 million in net returns and had accumulated almost $500 billion in assets. Then it all came tumbling down. Gross stepped down from PIMCO following a widely-publicized internal conflict between him and fellow chief executive Mohamed A. El-Erian. More… Source link

There is more meat to the plans to revive Burger King in America than simply reclaiming the flame of the iconic Whopper sandwich. At least that’s the read for the restaurant analyst team at Evercore ISI, which just spent a half day with the management team at Burger King parent company Restaurant Brands. “Aspects of the Burger King U.S. turnaround plan includes menu simplification to improve order accuracy and speed of service, a more balanced value offering (e.g., new $5 meal launched in… Source link

Investors may want to think twice about putting their money to work in China, contends DoubleLine founder Jeffrey Gundlach.  “China is uninvestible, in my opinion, at this point,” the bond king told Yahoo Finance in an interview at his California estate. “I’ve never invested in China long or short. Why is that? I don’t trust the data. I don’t trust the relationship between the United States and China anymore. I think that investments in China could be confiscated. I think there’s a risk of… Source link

Tesla (TSLA) shares’ recent correction is a buying opportunity for investors bullish on the electric vehicle (EV) company, says investment adviser Ross Gerber. “If I’m an investor, I’m pretty happy I get this opportunity with Tesla again,” Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, told Yahoo Finance The electric vehicle giant’s stock is down about 15% from its all time high reached a couple of weeks ago as CEO Elon Musk has been selling some of his Tesla shares. The… Source link

Last week, Robinhood’s third-quarter earnings fell well below Wall Street estimates, causing the company’s share price (HOOD) to sink more than 10%. With crypto trading down 78% from the prior three-month period, the company needs to lure more investors to use their platform, especially for trading cryptocurrency. Now it’s offering free dogecoin (DOGE-USD) along with BTC and ETH through a sweepstakes in partnership with fast-food giant Burger King, which is owned by Restaurant Brands… Source link

The coronavirus pushed some Americans to abandon cash, and a new report was “somewhat surprised” that one demographic remains loyal: Teens. The findings were based on data from Piper Sandler’s fall 2021 “Taking Stock with Teens” survey, a semi-annual survey that was conducted between August 17 and September 16 and compiled responses from 10,000 teens (average age 15.8) across 44 U.S. states. According to Piper Sandler, which titled the chart below as “Cash Is (Still) King For Teens’ Top… Source link

At its Search On event today, Google introduced several new features that, taken together, are its strongest attempts yet to get people to do more than type a few words into a search box. By leveraging its new Multitask Unified Model (MUM) machine learning technology in small ways, the company hopes to kick off a virtuous cycle: it will provide more detail and context-rich answers, and in return it hopes users will ask more detailed and context-rich questions. The end result, the company… Source link

Burger King (QSR) is rolling out its app-based loyalty program nationwide, expanding its digital presence as the industry leans in on COVID-19 dining trends that have successfully lured in customers. On Thursday, the fast food giant announced that its “Royal Perks” will launch in two-thirds of restaurants by September. Initially, Burger King tested the program in a 3 market pilot in Los Angeles, Miami and the New York Metro area that began in February. In a function of how digital is playing a… Source link

A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave SINGAPORE/BANGKOK, June 28 (Reuters) – Google took down two Google Maps documents on Monday that had listed the names and addresses of hundreds of Thai activists who were accused by royalists of opposing the monarchy, the technology company said. Thai royalist activist Songklod “Pukem” Chuenchoopol told Reuters he and a team of 80 volunteers had… Source link

Wednesday, March 31, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Buying Discord could make Microsoft the gaming behemoth it’s always wanted to be Microsoft (MSFT) is considering dropping a cool $10 billion on video game chat app Discord, according to recent reports. If the software giant does take the plunge, it could help… Source link