Latest Blogposts

  • Yahoo to buy social shopping startup Polyvore

    Yahoo (YHOO) said late Friday it is scooping up social shopping startup Polyvore as the firm looks to enhance its consumer and advertiser offerings.

    The parent of Yahoo Finance said in a press release that Polyvore will help Yahoo "power native shopping ads that drive traffic and sales to retailers." Yahoo CEO Marissa Mayer has said repeatedly that native advertising is a major opportunity for the Sunnyvale, Calif.-based company.

    Polyvore enables users to put together sets of items, like clothing and accessories, in a socially-forward setting. The company says on its website that it was launched in 2007, and was, in fact, the "brainchild" of three former Yahoo engineers, Jianing Hu, Guangwei Yuan and Pasha Sadri.

    Jess Lee, Polyvore's CEO, actually worked for Mayer as a product manager during the Yahoo chief's tenure at search giant Google (GOOGL), according to The Business of Fashion, a news publication about the fashion industry. Lee was an early Polyvore user, and managed to climb

    Read More »from Yahoo to buy social shopping startup Polyvore
  • Here are the bull, bear cases for Netflix shares

    Finance Contributor

    Editor's note: The folllowing is a re-print of a posting by Finance Contributor Bidness Etc. You can access other Contributor viewpoints by clicking here

    Netflix, Inc. (NFLX) stock can still spring surprises on the Street. Just as it appeared moribund, it has put on 118.02% in its price, year-to-date (YTD), making it the year’s best performer on the S&P500 Index.

    Here is what the Bears and the Bulls have been thinking about Netflix.

    There is a great divergence between the most optimistic and most pessimistic opinions surrounding Netflix’ stock price. On one end of the scale is the $155 price target set by Pivotal Research Group LLC CEO, Jeffery Wlodarczak. At the other is the $40 target price set by Wedbush analyst, Michael Pachter.

    The Main Difference Is The Perspective

    The key point of difference between optimists and pessimists is to be found in their perspectives on valuation. Bulls argue that the company is in the growth stage of its life cycle. They say the stock should be valued

    Read More »from Here are the bull, bear cases for Netflix shares
  • How to make a living eating pizza

    Less than eight years ago Scott Wiener was unhappy in his job as an assistant event planner.

    “On the first anniversary of working there someone came up from HR,” Wiener recalls, “and said ‘Oh hey, it’s your first anniversary here. All you need are 24 more years and you can retire.' I heard that and I was like 'I don’t even want one more year.'”

    The next day Scott gave two weeks notice with no other plans but to wait and see what happened. What happened was Scott’s Pizza Tours.

    Almost every Sunday for the past seven and a half years Wiener has boarded a big yellow school bus with a bunch of pizza fans in tow, showing off some of New York City’s finest pizzerias. It’s a self-made dream job!

    “I make a living running tours of pizzerias, writing about pizza, speaking about pizza. Everything is pizza,” Wiener says, “It’s crazy.”

    Scott curates his tours to introduce customers to different cooking methods, sauces and cheeses. After they enjoy their slices, Wiener leads them through an in-depth

    Read More »from How to make a living eating pizza
  • Wage growth trend might not be as poor as new data suggest

    Big retail chains are bidding for workers by promising hourly pay well above the legal minimum wage. The number of new unemployment claims two weeks ago fell to a 42-year low. Technology companies are desperate for skilled workers and are posting big recruitment bounties for new engineers. 

    So how to explain that last quarter saw the most anemic increase in wages and salaries in the 33-year history of the employment cost index – just as economists were growing certain that incomes were finally poised to grow smartly? 

    On the surface, it appears to be yet another deflating turn in a long but lethargic economic recovery. The ECI – a broad measure of cash compensation and employer-paid benefits – inched higher by only 0.2%, below the 0.6% economists’ had forecasts and a sharp slowdown from the first quarter’s 0.7% gain. 

    Traders reflexively cut back on their bond-market bets that the Federal Reserve might begin raising short-term interest rates from bear zero at its September meeting. Fed

    Read More »from Wage growth trend might not be as poor as new data suggest
  • Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.

    Exxon Mobil & Chevron

    Big Oil weighed heavily on the Dow Jones Industrial Average. Chevron (CVX) and Exxon Mobil (XOM) both dropped more than 4% after reporting sharp losses in the second quarter. Chevron posted earnings of $0.30 a share with revenue falling to $40.36 billion from $57.94 billion a year ago. The Street was expecting earnings of $1.16 a share. Exxon reported quarter profit of $1.00 a share, that's a 52% drop. Revenue fell 33% to $74.11 billion. Analysts were expecting earnings of $1.11 a share. Exxon and Chevron both blamed falling oil prices for the disappointing results.

    LinkedIn 

    LinkedIn (LNKD) tumbled after making a big reversal. The stock initially popped in Thursday's after hour trading but turned sharply lower. Investors' enthusiasm for it earnings beat of $0.55 a share from the expected $0.30 a share dissipated when they realized the boost

    Read More »from Exxon & Chevron weigh on Dow; LinkedIn fails to hide issues; Expedia soars
  • Is SoulCycle the new Shake Shack?

    SoulCycle, the boutique indoor cycling exercise chain that boasts Lady Gaga and Tom Cruise among its clients, is going public.

    In its filing for an initial public offering, the company says its revenue grew from $75.3 million in 2013 to $112 million last year, and income jumped 42% to $26.5 million in the same time period.

    SoulCycle began in 2006 when co-founders Elizabeth Cutler and Julie Rice opened a single studio in New York. It now has 41 locations nationwide, and it plans to open 50 to 60 more next year.

    Yahoo Finance Senior Columnist Michael Santoli sees some real parallels between SoulCycle and another trendy New York-based firm that went public recently.

    “This is the Shake Shack (SHAK),” he argues. “This is a metropolitan craze, people will go on line and wait.”

    Yahoo Finance’s Aaron Task notices that as well.

    “Shake Shack is a good analogy,” he says. “It is a lifestyle thing and people who do it are really dedicated to it.”

    However, Santoli warns SoulCycle better be looking

    Read More »from Is SoulCycle the new Shake Shack?
  • Why Ford is shredding cash...literally

    At Ford’s (F) material sustainability lab in Dearborn, Michigan you’ll find a hodgepodge of seemingly random junk—shredded money, dandelions, tomato stems and tree pulp. All of these items would typically be headed towards a landfill, but with the help of senior technical lead Deborah Mielewski they’re being turned into car parts instead.  

    “My job is to replace petroleum-based plastics with plant-based materials and I’ve been at it for about 15 years now,” she explains. Mielewski is currently developing a process to turn dandelion stems into rubber, tomato parts and old money into plastic and algae into foam. She’s already created a soy-based foam that’s used in the seats of a range of Ford vehicles.

    Plant-based materials are more quickly biodegradable and better for the environment than their petroleum alternatives. The biomaterials also reduce the weight of a car and increase fuel efficiency—an added bonus.

    “One man’s trash is another man’s treasure,” Mielewski tells us while

    Read More »from Why Ford is shredding cash...literally
  • Epicurious, Bon Appetit recipes: Point, click, cook

    'Farm-to-table', meet 'browse-to-buy.'

    From Amazon.com to Uber to Pinterest, everyone these days is trying to deliver the goods faster and better connect with digitally savvy consumers. To that list you can now add the ingredients to your favorite recipes.

    This week, the parent of Bon Appétit and Epicurious announced that 35,000 recipes from the widely popular food sites are now instantly "shoppable."  Yes, anyone hungry or planning to be can purchase all the ingredients to a given recipe (or recipes) with a single click.

    "We are in a 'click right now culture'. Click and get it today or tomorrow. We expect it," Adam Rapoport, Editor-in-Chief of Bon Appétit and Editorial Director of Epicurious, explains in the accompanying video. "When this deal came up with my publisher...it was 'why would we not do this?'. It's so obvious. It's just where we're at right now."

    Indeed, the concept seems like a no-brainer -- especially for busy people who prefer a home-cooked meal but don't have the time

    Read More »from Epicurious, Bon Appetit recipes: Point, click, cook
  • The software that wants to 'eat' do-it-yourself investing

    Software designed to deliver individually tailored recommendations: It powers your Facebook app, your FitBit band and, increasingly, your finances. 

    The young, fast-growing firms built around online asset-allocation engines are typically portrayed as occupying a niche, providing a digital alternative to traditional investment services for young and plugged-in investors. 

    Naturally, grander ambitions drive the pioneers of this business, such as Jonathan Stein, founder and CEO of Betterment. 

    “In the future, this automated online investing is going to be the way everybody does it,” Stein says in the attached video. “I think in the future we’re going to look back at people who do their own investing without advice like people who do their own dental surgery on themselves – something you’d be just crazy to do.” 

    Of course, the tens of thousands of wealth advisors offering comprehensive guidance to investors, and the Big Four discount brokerage firms enabling cheap trading of stocks, bonds

    Read More »from The software that wants to 'eat' do-it-yourself investing
  • Here are some of the stocks the Yahoo Finance team will be following for you today.

    Exxon Mobil (XOM) The biggest U.S. oil producer's second quarter earnings fell short of estimates.  Although revenue came in higher. Exxon Mobil says profit from exploration and production sank 75% in the period as fuel prices declined.

    LInkedIn (LNKD) Shares are taking a beating this morning, which may come as a surprise since the professional networking site company blew the doors off earnings and revenue forecasts in the quarter.  And the stock jumped initially until it was noted that LinkedIn said future revenue contributions from its recently purchased Lynda.com site would be more than analysts had anticipated.  That is fueling concerns about the company's core business growth.

    Get the Latest Market Data and News with the Yahoo Finance App

    Amgen (AMGN) The biotech firm solidly beat profit estimates in the quarter...and revenue topped forecasts as well. Amgen credits a 6% increase in total sales as

    Read More »from Exxon Mobil profit drop; LinkedIn growth; Royal Caribbean sails higher
  • Wall Street's roller coaster; Oil companies struggle; Game of Thrones bonus

    Wall Street looking to finish the month on a high note after a wild July where the Nasdaq (^IXIC) set record highs and the S&P 500 (^GSPC) jumped to near-record highs...with big dips on either end. 

    Yahoo Finance Senior Columnist Michael Santoli says the month was like deja vu all over again for the stock market.

    "At least since February, it's been volatile but within a tight range," he notes. "You have these very rapid moves that people have a hard time catching. And you have this divergence of very heavy global cyclicals and commodity-related industries and that very small group of favored growth names."

    Get the Latest Market Data and News with the Yahoo Finance App

    Exxon Mobil hurt by oil price drop

    Here are some of the stocks the Yahoo Finance team will be following for you today.

    Exxon Mobil (XOM) The biggest U.S. oil producer's second quarter earnings fell short of estimates,  although revenue came in higher. Exxon Mobil says profit from exploration and production sank 75% in the

    Read More »from Wall Street's roller coaster; Oil companies struggle; Game of Thrones bonus
  • It may be no surprise that Apple (AAPL) ranks as the number one most valuable brand in the world. The iPhone maker tops the 'BrandZ Top 100 Most Valuable Global Brands' for 2015.

    The study is backed by WPP (WPPGY), the world’s largest advertising firm by revenues and led by Sir Martin Sorrell.

    If “we took the top 100 brands over the last 10 years that we’ve ranked as the top 100, we would outperform the MSCI composite index world stocks by three times,” said the CEO.

    The legendary brand master said “the real driver of total shareholder return is always topline growth and if you invest in the brands, you grow the topline.”

    Technology companies dominated this year’s list with Google (GOOGL), Microsoft (MSFT) and IBM (IBM) rounding the top four spots. Sir Martin said millennials and “even more interesting the centennials” are a big reason why.

    “Technology defines who you are and what you stand for in the same way other assets in other generations delineated people in different ways,” he

    Read More »from Apple tops Sir Martin's list of the world's most valuable brands
  •   

    For seven years, Lee Wachtstetter has been living on a cruise ship at a cost of $164,000 a year according to USA Today. The Fort Lauderdale, Fla.-native sold her 10-acre property after her husband died on the advise of her daughter who suggested she spend her retirement doing what she loved. 

    “The day before my husband died of cancer in 1997, he told me, ‘Don’t stop cruising.’ So here I am today living a stress-free, fairy-tale life,” Wachtstetter says. 

    Wachtstetter’s story may seem like the ultimate fairytale but for most Canadians, a permanent vacation is not the dream. 

    “Many [Canadians] now view retirement as an opportunity for career re-invention,” says a study released by Canada Mortgage and Housing Corporation (CMHC). “Half [of retirees] want to launch a whole new career rather than continuing the same line of work they did in their pre-retirement years,” it adds. The same trend is happening in the U.S.

    The winemakers 

    After working in real estate for the bulk of their

    Read More »from There may be a better way to retire
  • Trump takes his campaign to...Scotland

    Trump rocked the ugly American look at the Women’s British Open in Turnberry, Scotland earlier today. His “Make America Great Again” trucker hat screamed, “I am qualified to represent the American people.”

    If elected, let’s hope he sports a similar uniform during all foreign tours, because, MURICA.

    Though Trump owns the resort hosting the tournament, some worried that his presence might distract from the event. Trump’s response:

    "Everyone's asked me to be here. The tour's asked me to be here. The world's asked me."

    That’s nice. Should someone remind him that he only needs American votes?

    Other notable things Trump told the UK press include, “I expect to be President,” and “Illegal immigration is a huge subject. I brought it to the fore and everybody is thanking me for it.”

    On another note, props to Trump for keeping his cool (so far) on a Scottish golf course, he hasn’t always in the past.

    In 2007, his plans to develop a luxury golf course and resort in another Scottish town – Balmedie

    Read More »from Trump takes his campaign to...Scotland
  • Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.

    Whole Foods 

    Whole Foods (WFM) dropped after missing estimates on its top and bottom lines. Shares hovered at its lowest level in three years. Whole Foods posted earnings 2 cents shy of expectations coming in at $0.43 a share. Revenue was also below forecast. The high-end grocer was also hit with two downgrades today from Morgan Stanley and Wedbush lowered from their highest ratings.

    Facebook 

    Facebook (FB) got disliked by Wall Street. The stock moved lower, even after a very solid quarter. The social media giant earned $0.50 a share in the second quarter, that's 3 cents better than expected. But investors were taken aback by the company's spending, which rose 82% in the quarter.

    Get the Latest Market Data and News with the Yahoo Finance App

    Wynn Resorts 

    Wynn Resorts (WYNN) moved higher, despite missing quarterly earnings estimates. The casino operator posted profit

    Read More »from Facebook disliked; Whole Foods falls short; Wynn up despite losing results

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