• Bill.com soars in trading debut
    Yahoo Finance Video

    Bill.com soars in trading debut

    The latest company to enter the public market is the business-to-business payments company Bill.com. Founder & CEO René Lacerte joins Yahoo Finance’s On The Move panel from the New York Stock Exchange to discuss the company’s market debut.

  • Barrons.com

    50 Million Airpods, and Two More Numbers to Know

    The U.S. and China reach a limited trade deal, and Apple could be headed for very happy holidays. In the world of IPOs, things have been a little topsy-turvy this year.

  • Peach Bowl CEO: Chick-fil-A finalizing 6-year deal to remain as title sponsor
    American City Business Journals

    Peach Bowl CEO: Chick-fil-A finalizing 6-year deal to remain as title sponsor

    Atlanta's fast-food giant will stay on as title sponsor of the Peach Bowl with a new agreement on the horizon.

  • Value Investors Explains Why He Likes Berkshire Hathaway, BAM, And RenaissanceRe
    Insider Monkey

    Value Investors Explains Why He Likes Berkshire Hathaway, BAM, And RenaissanceRe

    We just published a copy of value investor Joseph Del Principe's November 2019 investor letter. You can download the entire letter on our site. Here is what he said about Berkshire Hathaway (NYSE:BRK-B): In August, international oil and gas company Occidental Petroleum Corporation (OXY) completed its acquisition of energy company Anadarko Petroleum (APC)—but not without […]

  • Barrons.com

    ‘Transportation Is Broken.’ Cruise CEO’s Blog Post Offers a Glimpse Into the Future of Self-Driving Cars

    Dan Ammann, CEO of General Motors’ Cruise automation division, rallied against the automobile’s place in society.

  • Investopedia

    Stocks Break Higher on Strong Volume

    Investors are leaving safety behind to seek higher returns as Cisco's share price makes a new show of strength.

  • Are Energy Stocks Hot Again?
    Oilprice.com

    Are Energy Stocks Hot Again?

    The ill-performing energy sector could be about to stage a major turnaround, but it won’t be the first time that contrarian investors get burned trying to play a rebound

  • GuruFocus.com

    US Indexes Close Higher Thursday With China Trade Developments

    President Trump likely to sign limited trade agreement before Sunday Continue reading...

  • Lyft (LYFT) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Lyft (LYFT) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Lyft (LYFT) closed at $46.60, marking a -1.6% move from the previous day.

  • DocuSign Leads 3 Standouts On 'Exceedingly Bullish' CAN SLIM Hedge Fund Manager's Watch List
    Investor's Business Daily

    DocuSign Leads 3 Standouts On 'Exceedingly Bullish' CAN SLIM Hedge Fund Manager's Watch List

    DocuSign, Coupa Software and Dexcom are three names on hedge fund manager Jim Roppel's watch list. He explains why he's "exceedingly bullish" now.

  • Hulu offers binge-watchers ads just for them
    American City Business Journals

    Hulu offers binge-watchers ads just for them

    Streaming has changed how consumers watch television. It's also changing how they see ads on the platforms that include them. Hulu, which is controlled by The Walt Disney Co. (NYSE: DIS), has launched binge-friendly ads with irreverent messaging and a treat for viewers who watch three episodes in a row.

  • Here's why Bill.com rocked its NYSE debut and what it means for investors
    American City Business Journals

    Here's why Bill.com rocked its NYSE debut and what it means for investors

    One of the big winners in the Bill.com IPO is San Mateo-based Emergence Capital Partners, whose co-founder Brian Jacobs invested in Bill.com's Series B round in 2007 when it was valued at about $12 million. The company's market cap after Thursday's debut is close to $2.5 billion.

  • Lyft Starts California Car-Rental Service in Blow to Hertz, Avis
    Bloomberg

    Lyft Starts California Car-Rental Service in Blow to Hertz, Avis

    (Bloomberg) -- Lyft Inc., whose ride-hailing service has been a frenemy of car-rental companies, just got a little less friendly with the likes of Hertz Global Holdings Inc. and Avis Budget Group Inc.Lyft said Thursday it’s testing out a car-rental service in Los Angeles and San Francisco and offering unlimited miles as an inducement. The announcement did little for its stock but sent Hertz and Avis shares plunging.While the rise of Lyft and Uber Technologies Inc. raised existential questions for more than century-old rental companies like Hertz and Avis several years ago, both companies have benefited recently by making their cars available to drivers that the ride-hailing services must keep adding to help support their growth. Avis even forged formal partnership with Uber in early 2017 and Lyft last year.Hertz and Avis can breathe easily for a while, said Hamzah Mazari, a Jefferies analyst who rates Avis a buy and Hertz a hold. Building up a big network of cars and rental lots is expensive, and Lyft doesn’t have the balance sheet to do it quickly.“I think the reaction is overblown,” Mazari said by phone. “Lyft doesn’t have a whole lot of capital so they won’t be able to take this nationwide. They are capital constrained, so I’m not too worried about it.”Representatives for Hertz and Avis didn’t immediately respond to requests for comment. The two erased gains following Lyft’s announcement, with Hertz ending the day down 4.8% and Avis dropping 4.4%.Lyft Rentals is a limited experiment that may change, according to the San Francisco-based company’s website. The smartphone app-based service won’t require a stop at a rental counter and will charge market rates for gasoline. Lyft also is offering $20 credits for transport to rental cars and discounts for Monday-through-Thursday use.To contact the reporters on this story: Chester Dawson in Southfield at cdawson54@bloomberg.net;David Welch in Southfield at dwelch12@bloomberg.netTo contact the editor responsible for this story: Craig Trudell at ctrudell1@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Lyft’s rental-car plans broadside Hertz and Avis stocks
    MarketWatch

    Lyft’s rental-car plans broadside Hertz and Avis stocks

    The rise of ride-hailing companies has hurt the rental-car giants, and now Lyft Inc. wants to get into their game even more.

  • GuruFocus.com

    Why Is Citron's Andrew Left Betting Against Peloton?

    The activist short seller takes aim at the latest fitness fad Continue reading...

  • AMZN Stock: What to Know About Amazon Heading into 2020
    Zacks

    AMZN Stock: What to Know About Amazon Heading into 2020

    Shares of Amazon (AMZN) have slipped 6% in the past six months, while the S&P 500 climbed 9%. So when will Wall Street and investors start to think about buying Amazon stock again?

  • Lyft expands rental car program in San Fran Bay Area, Los Angeles
    Reuters

    Lyft expands rental car program in San Fran Bay Area, Los Angeles

    Lyft introduced a rental option via its app to targeted users in the two metro areas last spring, and is now widening the eligible pool of users, a spokesman said. The company said in a blog post that the rental cars will be available via its app to select users who are at least 22 years old. Lyft runs the offer without the involvement of any existing car rental companies, the spokesman said.

  • ETFs in Focus on Dull 2020 Subscriber Outlook for Netflix
    Zacks

    ETFs in Focus on Dull 2020 Subscriber Outlook for Netflix

    Intensifying video streaming wars lead analysts to expect dull subscriber addition for Netflix through 2020.

  • Disney is giving us Baby Yoda toys for Christmas
    MarketWatch

    Disney is giving us Baby Yoda toys for Christmas

    You can now preorder plush and collectible toys of the breakout star of “The Mandalorian” on Disney+ from Amazon, Walmart and Disney.com

  • Airbus buys Seattle-area robotics supplier that built systems for Boeing jets
    American City Business Journals

    Airbus buys Seattle-area robotics supplier that built systems for Boeing jets

    A Mukilteo-based robotics supplier that's made manufacturing systems for the 787 Dreamliner, 777 and 747 aircraft programs was just acquired by Boeing rival — Airbus.

  • Top Analyst Reports for Alibaba, Disney & Morgan Stanley
    Zacks

    Top Analyst Reports for Alibaba, Disney & Morgan Stanley

    Top Analyst Reports for Alibaba, Disney & Morgan Stanley

  • MarketWatch

    Dow's 225-point climb highlighted by gains for Cisco, JPMorgan Chase shares

    DOW UPDATE Led by strong returns for shares of Cisco and JPMorgan Chase, the Dow Jones Industrial Average is climbing Thursday afternoon. The Dow (DJIA) was most recently trading 227 points, or 0.8%, higher, as shares of Cisco (CSCO) and JPMorgan Chase (JPM) are contributing to the index's intraday rally.

  • AbbVie's 2019 Points to the End of the Efficient Market Thesis - Cramer

    Jim Cramer sees the market's reaction to AbbVie's purchase of Allergan as an example of its move away from valuing fundamentals and instead getting bogged down in the noise.