We're starting to get a sense of the damage WeWork has wrought on Wall Street, and it could cost Goldman Sachs $264 million

Morgan Stanley analysts estimate Goldman Sachs will report a WeWork-related blow when the bank releases third-quarter earnings later this month.

October 10, 2019   |   View Online »

We're starting to get a sense of the damage WeWork has wrought on Wall Street, and it could cost Goldman Sachs $264 million Rebecca Ungarino | Morgan Stanley analysts estimate Goldman Sachs will report a WeWork-related blow when the bank releases third-quarter earnings later this month. Read More »

We talked to 24 people about the hedge-fund wunderkind at Elliott who wants to shake up AT&T. Here's why management should be terrified. Casey Sullivan,Bradley Saacks | AT&T is in the sights of the activist hedge fund Elliott Management and a top executive there with a track record for messy brawls with boards. Read More »

SoftBank-backed real-estate brokerage Compass is adding a Netflix-like recommendation feature to browse houses Alex Nicoll | This announcement, according to a company press release, brings the company closer to creating "the industry's first end-to-end software platform." Read More »

Dyslexic, failing at school, and partially blind: How Larry Hite overcame the odds to become one of the most successful self-made stock traders using a strategy that's 'accessible to anybody' Christopher Competiello | "I have learning disabilities. I have a lot of other problems. But I can take this and apply it — and I've got close to $100 million," Hite said. Read More »

Morgan Stanley wants to roll out a feature for financial advisers to help instantly analyze news and data about portfolio holdings Rebecca Ungarino | The tool, which Morgan Stanley wants to roll out to advisers in 2020, would consider news headlines and other data to help gauge portfolio risk. Read More »

JPMorgan has a complex relationship with WeWork. Here's a sneak peak at what Wall Street analysts will be asking when it reports earnings. Shannen Balogh,Rebecca Ungarino | Here's what analysts say they'll be looking for when JPMorgan reports earnings next week. They aren't sounding serious alarms, but WeWork questions are likely. Read More »

Deutsche Bank analysts say the arrival of Google Cloud CEO Thomas Kurian 'changed everything' in the fight with Amazon Web Services Rosalie Chan | From new leadership hires to efforts to triple its sales force, here's why analysts say big companies and banks are starting to consider Google Cloud. Read More »

Ad agency FCB ends partnership with London International Awards after controversy over surprise appearance by fired Droga5 executive Patrick Coffee | Surprise appearance by executive fired from agency Droga5 last year led IPG network FCB to terminate its partnership with London International Awards. Read More »

Walmart has 1,500 data scientists and is hiring more amid a push to adopt artificial intelligence. The retailer's chief data officer recently shared the 3 questions that guide all its AI projects. Joe Williams | Walmart has over 100,000 different machine learning or AI-based projects currently in production. The success rate, however, is still just 75 percent. Read More »

The US Army is planning to send 20,000 soldiers to Europe for its largest exercise in decades Ryan Pickrell | The Army is planning a massive exercise, one of the largest since the Cold War, where it will practice surging thousands of troops into Europe. Read More »

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