Snap Revenue Beats on Mobile-Ad Demand; Alwaleed Takes Stake
August 12, 2018

Snap Inc.’s second-quarter revenue topped analyst projections, signaling a pickup in demand for mobile advertising even as a controversial redesign of the Snapchat mobile app continued to hinder user growth.

Separately, Saudi billionaire Prince Alwaleed Bin Talal said he invested Continue reading

Oil Hedge Fund Manager Says $300 Oil Not Impossible
May 30, 2018
  • Andurand says on Twitter lack of investment risks price spike
  • Higher prices aren’t a threat to the economy, Andurand says

Pierre Andurand, one of oil’s most prominent hedge fund managers, said the current reluctance of energy companies to invest in new Continue reading