3 February, 2017 by The TZ Newswire Staff Comments Off on 1 Thing NVIDIA Investors Should Worry About
1 Thing NVIDIA Investors Should Worry About
When Intel (NASDAQ: INTC) acquired artificial intelligence (AI) start-up Nervana Systems late last year, at first glance it appeared to be another big tech company jumping on the AI bandwagon. A closer look, however, reveals a very specific motivation. And it could spell trouble for NVIDIA.
NVIDIA GPU is the go-to chip to train AI systems — for now. Image source: NVIDIA.
3 February, 2017 by The TZ Newswire Staff Comments Off on Why Shares of WisdomTree Investments Are Down 10% Today
Why Shares of WisdomTree Investments Are Down 10% Today
Image source: Getty Images.
Shares of WisdomTree Investments, Inc. (NASDAQ: WETF) are down about 10% as of 2:30 p.m. EST as investors show their disappointment with the company’s fourth-quarter earnings and outlook for 2017.
WisdomTree’s largest and most successful products endured a challenging year in 2016. Its hedged equity ETFs, which make up the largest portion of its assets under management, saw their assets decline to $18.8 billion at the end of 2016, down from $33.3 billion at the end of 2015.
3 February, 2017 by The TZ Newswire Staff Comments Off on Why Aceto Corporation’s Shares Plunged 18% Today
Why Aceto Corporation’s Shares Plunged 18% Today
Human health products are a new focus for Aceto Corporation. Image source: Getty Images.
Shares of Aceto Corporation (NASDAQ: ACET) fell as much as 18.2% on Friday after the company reported earnings. As of 3 p.m. EST, shares were still down 17.4% on the day.
Fiscal second-quarter net sales fell 4.6% to $131.7 million, and the company swung to a net loss of $0.6 million from net income of $8.3 million a year ago. Diluted loss per share was $0.02, versus a profit of $0.28 per share a year ago.
3 February, 2017 by The TZ Newswire Staff Comments Off on Post-Stuy slide: Manhattan multifamily market decelerates in 2016
Post-Stuy slide: Manhattan multifamily market decelerates in 2016
Manhattan’s multifamily market decelerated in 2016 from a blockbuster 2015, but pricing remained steady, according to a new year-end report from Ariel Property Advisors. The multifamily market saw $6.9 billion in dollar volume for the year, accounting for 24 percent of the borough’s investment sales. There were 245 multifamily deals involving 323 properties, a drop of 16 and 32 percent respectively from 2015, and beneath 2014 levels as well.
3 February, 2017 by The TZ Newswire Staff Comments Off on Jobs – Dodd Frank = ES Futures Rally
Jobs – Dodd Frank = ES Futures Rally
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3 February, 2017 by The TZ Newswire Staff Comments Off on Nordstrom Folds To "Grab Your Wallet" Protesters: Dumps Ivanka Trump’s Clothing Line
Nordstrom Folds To "Grab Your Wallet" Protesters: Dumps Ivanka Trump’s Clothing Line
Despite Macy’s, Saks, and Zappos still carrying Ivanka Trump’s fashion lines, it appears Nordstrom has folded to the liberal intelligentisia’s “Grab Your Wallet” protests, demanding a boycott of retailers carrying Trump merchandise, as the department store stated today that it will no longer sell Ivanka Trump’s eponymous clothing and accessories.