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Snapchat Is Going On a Massive Hiring Binge

Snap Inc. is on a hiring tear ahead of its hotly anticipated initial public offering.<p>The parent company of popular messaging app Snapchat recently …

Stocks have reached a 'buying climax' (SPY, SPX)

The S&P 500 last week experienced one of the classic indicators that the top is in. But it's bullish, for now.<p>According to Jeffrey Saut, the chief investment strategist at Raymond James, the S&P 500 recently entered the final surge of a so-called buying climax, characterized by a spike.<p>The climax …

Why Halozyme Therapeutics, Inc. Stock Soared 39.6% in November

Image source: Getty Images.<p>Shares of <b>Halozyme Therapeutics, Inc.</b> (NASDAQ: HALO), a biotech focused on boosting other companies' cancer therapies, soared 39.6%% in November, according to data from S&P Global Market Intelligence. Expansion of its partnership with oncology heavyweight <b>Roche</b> (NASDAQOTH: …

Investing

FUNDSTRAT: 13 contrarian stocks to buy

"Being 'contrarian' is arguably the best strategy as inflation expectations rise," said the report authored by Thomas J. Lee and released on Friday.<p>Fundstrat picked stocks with a market cap of at least $1.5 billion from among industrials, materials, energy and financials. The stocks were "among …

Construction Workers in Los Angeles Find Mastodon Remains

Building a subway near a tar pit, you're going to find the past.<p>Construction workers working on a subway in Los Angeles recently uncovered some of the fossilized remains of mastodons and possibly a mammoth, ancient elephant relatives that used to roam the area thousands of years ago.<p>It's not …

Jeff Bridges says he helped rewrite the "Iron Man" script, and we're intrigued

The first <i>Iron Man</i> is a hugely important movie for the Marvel Cinematic Universe. After all, if it had flopped, the MCU as we know it would not exist. …

Insiders Are Buying This Blue-Chip Hotel REIT Yielding 5.7%

Shares of Hersha have not followed its impressive underlying performance.<p>Hersha has one of the best management teams of the hotel industry; a …

Investing

Fun Photo Shoot Puts Horror Icons into Everyday Situations - Bloody Disgusting

What if our favorite slasher villains lived among us?<p>We’ve only ever really seen guys like Jason, Freddy, Leatherface, and Michael Myers in their …

Beyond the Pineapple Tract: Mapping Utopian Los Angeles

OUR CURRENT cultural landscape is littered with dystopian visions, for reasons too obvious to name. In fact, we now use “utopian” strictly to dismiss …

In Trump’s economy, mammas should make sure their babies grow up to be con men

College students — actually their anxious parents, more often — sometimes write to ask what the jobs of the future will look like. What skills and disciplines should workers-to-be master to succeed in the 21st-century economy?<p>My answer used to involve programming, data analysis, creativity, …

Donald Trump

Why Under Armour Is An Outstanding Buy

Under Armour is not growing slower, it is just investing more.<p>The stock has significant upside potential if management continues to execute.<p>My …

Investing

More than $5.1bn flows into US stock funds

US stock funds continued attracting investors’ cash this week as all four main Wall Street equity benchmarks hit further highs.<p>More than $5.1bn …

This video of a mega traffic jam in L.A. is weirdly the most beautiful thing ever

Fact: The day before Thanksgiving is the busiest travel day of the year.<p>Fact: Los Angeles is beautiful during the holidays.<p>All the lights! Red and …

These Charts Show That Trump Is Bringing the 1990s Back to Markets

Donald Trump's election as U.S. president is driving global markets to levels not seen in nearly two decades — but in completely different …

Donald Trump could trigger the 'great unwind' in markets

It’s finally happening: Money is moving out of bonds and into stocks.<p>In a note to clients out Monday, Deutsche Bank strategist Andreas Bruckner and …

LA looks beautiful from above in this first-rate drone video

From the Hollywood Bowl to the harbor at Marina del Rey<p>Ah, drones. They may be Orwellian spy machines destined to obliterate any shred of privacy in modern society, but they sure do produce some lovely videos of Los Angeles. We’ve highlighted several in the past, and the latest production from …

Don't Worry, Stock Market Rally Is Just Getting Started

Stocks hit new record highs again in the U.S. today. This continues the tear from the lows of election night. But if we ignore the wild swing of that night, in an illiquid market, stocks are only up a whopping 1.2% from the highs of last month – and just 8% for the year. That’s in line with the …

Stock Markets

This week’s 14 best Instagram photos of LA

Our picks for the best photos taken this week<p><i>From its ocean sunsets to its eclectic architecture, Los Angeles is the perfect canvas for photographers, amateurs and professionals alike. Each Friday we highlight some of the best shots of the city, as captured through your lenses, in a series titled, …

Best Small Towns In California

Clicking pictures of the Golden gate Bridge in San Francisco is such a cliched thing to do. And posting that on social media is being mediocre at its …

California

Mammoth Texas oil discovery biggest ever in USA

<b>(CNN) —</b> Geologists say a new survey shows an oilfield in west Texas dwarfs others found so far in the United States, according to the US Geological Survey.<p>The Midland Basin of the Wolfcamp Shale area in the Permian Basin is now estimated to have 20 billion barrels of oil and 1.6 billion barrels of …

Oil

7 Intriguing Unreleased Movies You Can Watch Online

<i>This week, Vulture is taking a look at great unproduced, unreleased, or unheralded entertainment.</i><p>Considering the high cost, in money and time, of …

Marvel Comics

Something happened to stocks for the first time ever on Monday

Markets have made a number of rare moves since the US presidential election last week.<p>The Dow rose to new highs for four straight days, and Treasurys surged to 2016 highs, for example.<p>And on Monday, more than 300 issues on the New York Stock Exchange advanced to new 52-week highs, and more than the …

Weed Broke the Canadian Stock Market

On Wednesday morning, six marijuana-based companies had their TSX trading halted after they tripped a circuit breaker during a massive spike in their stock prices.<p>On Wednesday morning, six companies had their TSX trading halted after they tripped a circuit breaker during a massive spike in their …

Stock Markets

Mexico's Richest Man Lost $5 Billion After Trump's Victory

Carlos Slim shed more than 9% of his wealth.<p>Toru Hanai—Reuters<p>Aaron Favila—AP<p>Tomohiro Ohsumi—Bloomberg via Getty Images<p>David Gray—Reuters<p>Wang …

After Trump's Victory, Market Adds Billions To Warren Buffett's Net Worth

While it wasn’t the outcome he wanted, Trump’s win has been good for billionaire investor Warren Buffett’s fortune. He is currently the world’s third richest man, according to FORBES estimates.<p>On Thursday, an uptick in the share price of the Berkshire Hathaway investment firm added another $2 …

Investing

Hedge Funds Run by Trump Advisors Made the Most Money Off His Election Win

Hedge funds run by billionaires Carl Icahn and John Paulson reaped the biggest profits the day Donald Trump was officially declared the winner of the …

I learned the meditation technique taking over Wall Street and now I get why traders are willing to set aside 40 minutes a day

I was waiting for my first Transcendental Meditation lesson.<p>My teacher Mario Orsatti, a man in his 60s with a penchant for big smiles and unwavering eye contact, took my offering of two apples, a kiwi, and purple irises I'd picked up at a bodega 20 minutes earlier as instructed, and ushered me into …

Five years of your life on email? Time to try some inbox management

Those who check their email frequently are less happy than those who do it two or three times a day. You can learn to change your behaviour<p>Forty-seven thousand hours: that’s how much time you could potentially waste on email over the course of your working life, according to a recent Washington …

Psychology

Fuck You, Los Angeles, And Your Stupid Perfect Cars

Fuck Los Angeles, the town of “I needed a cheap commuter car that’s good on gas, so I bought a 1986 Toyota MR2.”<p>While the rest of us suffer through …