Nick Summers, Bloomberg

Nick Summers


United Kingdom

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Past articles by Nick:

Libor Mastermind Tom Hayes Deserves a Lot of Company in Prison

David Enrich’s The Spider Network makes him seem borderline sympathetic. → Read More

Betting on an Uncertain Trump Economy

After near panic, investors start speculating on winners and losers. → Read More

China’s Virtual Reality Market Will Be Worth $8.5 Billion and Everyone Wants a Piece

China’s Big Three want to be VR middlemen. → Read More

How a Virtual-Reality Skeptic Made the First Great Oculus Game

The designer of the celebrated game Monument Valley on what’s different about working in virtual reality. → Read More

What's Ahead for Hedge Funds?

Money flows in despite poor returns and high-profile flops → Read More

This App Tells You What Your Friends Invest In. Is That a Good Thing?

OpenFolio lets you compare returns with people in your age group, or from your school or industry → Read More

IBM Is in Even Worse Shape Than It Seemed

The company misses earnings forecasts, drops its 2015 profit goal, and regroups → Read More

Coravin: Greg Lambrecht's Corker of a Wine Idea

The Coravin wine extracting system keeps open bottles tasty, like, forever → Read More

Bank of America Set to Pay $17 Billion to End Crisis Probes

It's a lot of money, but not so much that the stock didn't rise on the news. → Read More

No, Stocks Are Not Flat for the Year

The Dow Jones and the S&P 500 are now farther apart than at any point in the last five years → Read More

Lagging Other Ivies, Harvard Loses Another Financial Exec

University CFO Dan Shore will leave in September and head to a startup → Read More

Russia's Megarich Are Losing Billions in Putin's War

The wealth of Russian billionaires is sinking, while plutocrats elsewhere are enjoying big gains → Read More

IBM Sales Sink Again, for the Ninth-Straight Quarter

Big Blue's ninth consecutive quarter of falling revenue comes amid a long struggle to adapt to the cloud era of computing → Read More

GM's Barra Faces Senate Interrogation

It's the fourth time she's faced lawmakers over a safety scandal → Read More

Murdoch's Time Warner Bid Makes Waves for Media Stocks

The share prices of content companies spiked as the industry contemplates further potential mega-deals → Read More

Jamie Dimon 'Feels Great' After Cancer Diagnosis

Addressing his cancer diagnosis for the first time since he disclosed the illness on July 1, JPMorgan Chase Chief Executive Officer Jamie Dimon told reporters and analysts that he “feels great” and intends to work through a treatment of radiation and chemotherapy. He said the cancer has not spread → Read More

Traders Cheer Citigroup's $7 Billion Crisis Settlement and Earnings

The settlement ends a government investigation into Citi's mortgage activity in the runup to the financial crisis → Read More

Cynk Surges 36,000% as Buzz Builds for 1-Employee Company

The financial world has become obsessed with Cynk Technology Corp., a stock that sold for a few pennies for most of its existence before exploding more than 36,000 percent to give it a market value exceeding $6 billion. → Read More

Cynk Is a Joke, Not Proof of a Bubble

How the penny stock is lighting up the bored summer Wall Street Twitter community → Read More

The Truth About Tinder and Women Is Even Worse Than You Think

The truth about Tinder and women is even worse than you think → Read More