You Searched For "Jason Ader" and got 20 results
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1 min read
Two Hedge Fund Vets Are Joining Forces To Create An Activist Fund With Serious Chops
Cumberland Associates is different - it's a deep value fund that has produced a 14.5% annualized re…
Linette Lopez
2 mins read
Wall Street's Most Brilliant Casino Mind Just Got Back From Macao - This Is What He Saw
This is obviously a big contrast to the U.S., where gambling centers like Las Vegas and Atlantic Ci…
Linette Lopez
1 min read
A Hedge Fund Manager's Brutal Take On The Biggest Slot Machine Company In The World
He also says that the company has been throwing away money senselessly. For example, IGT acquired o…
Linette Lopez
4 mins read
Las Vegas Royalty Is Picking Sides In The War Between A Hedge Fund And A Slot Machine Juggernaut
"I have known Chuck Mathewson both as a business man and as a friend for over 30 years. My various …
Linette Lopez
2 mins read
A plan for a $3 billion casino in New York's Manhattan includes a massive crypto-trading floor and a flying-car landing pad
UE Resorts and Jason Ader, formerly on Las Vegas Sands' board, plan to submit a proposal for the $3…
Shalini Nagarajan
2 mins read
New York's sky-high sports betting tax rate could make it hard for companies like DraftKings and FanDuel to profit in the state
New York in January became the largest US state to embrace online sports betting, but the state has…
Ashley Rodriguez
2 mins read
Oracle's cloud strategy may finally be gaining traction - just as coronavirus arrives to possibly delay even stronger results, a Wall Street analyst says
"We think the firm is now closer to the long-awaited inflection point, where Oracle's high growth o…
Benjamin Pimentel
3 mins read
A Wall Street analyst says Amazon is starting to alienate its cloud partners with its bid to be a 'jack-of-all-trades'
Last week, Amazon rolled out new products and services for data storage, security, software develop…
Benjamin Pimentel
4 mins read
Red-hot software project Kubernetes started at Google, but analysts say that a battle between IBM and VMware will be key to its future
Kubernetes, which is just over five years old, is "taking off like wildfire," giving opportunities …
Rosalie Chan
2 mins read
$5.6 billion cloud software company Nutanix shares soar almost 30% after Bain Capital invests $750 million, even as the CEO says he plans to retire
Nutanix CEO and co-founder Dheeraj Pandey is stepping down after leading the cloud giant for a deca…
Benjamin Pimentel
5 mins read
Amazon Web Services says it cares about customers more than competition, but experts say Microsoft's 'aggressive front' is forcing it to react
One of the biggest new products announced at the event was AWS Outposts, which AWS announced last y…
Rosalie Chan
3 mins read
Microsoft analysts refuse to flinch after the company's surprise coronavirus sales miss, but investors don't seem so brave
"The shortfall looks purely due to supply, not demand," Swanson Lowe wrote in a note on Thursday. "…
Ashley Stewart
2 mins read
Wall Street analyst calls work from home tech the 'toilet paper of IT spending' during the COVID-19 crisis and says Microsoft, Citrix, VMWare, and Dropbox could benefit the most
Resellers "overwhelmingly cited a mad rush to acquire tools and technologies that enable work-from-…
Benjamin Pimentel
3 mins read
Activist investor Starboard bought a 7.5% stake in Box. Experts say that what comes next could be restructuring, layoffs, and maybe even a big sale to a competitor.
"Starboard, as a more value-oriented activist, saw a very good product here and a company that was,…
Megan Hernbroth
2 mins read
The coronavirus crisis is pushing customers to the cloud way faster, and it could be bad news for traditional players like Oracle, Dell and HPE
"We think the firm is now closer to the long-awaited inflection point, where Oracle's high growth o…
Benjamin Pimentel
3 mins read
There's one sector hedge funds are just itching to shake up in 2016
"Over the last 10 years most companies in the energy sector have been poor shepherds of shareholder…
Linette Lopez
2 mins read
There's only one thing in the world of gambling that could compare to Macau in its glory days
All you have to do is look at what Vegas has become - and where China wants Macau to head - to see …
Linette Lopez
4 mins read
Dropbox's luck could be changing as its revamped platform and new executives could bring more opportunities for growth, analysts say
It recently hired a new COO, Olivia Nottebohm, who was previously a VP of sales and operations at G…
Paayal Zaveri
1 min read
Wall Street Legend Alan 'Ace' Greenberg Has Died
Greenberg was at the helm of Bear Stearns when the 85 year-old bank collapsed in 2008 and was event…
Linette Lopez
5 mins read
An Amazon cloud vice president explains how AWS is taking on Microsoft on its own turf
For this reason, Garman is quick to find fault with Amazon's major competitor in the area, Microsof…