Trading Ideas
Hold for the drop: Twitter to purge locked accounts from follower metrics
Twitter is making a major change aimed at cleaning up the spammy legacy of …read more […]
Month: July 2018
Trading Ideas
“FANG” Is So Last Year. Say Hello to FAS.
Nomura Instinet places new bets in the internet sector. …read more […]
Business News
Wall Street drops on escalating U.S.-China trade war
U.S. stocks slid on Wednesday, led by industrial shares, after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods raised fears of an escalating trade war.
Business News
Trump told Pfizer CEO price hikes hurt his drug plan: source
U.S. President Donald Trump called Pfizer Chief Executive Ian Read on Tuesday to say the company’s July 1 price hikes had complicated the administration’s drug pricing plans, prompting the company to defer its planned increases, according to a source familiar with the matter.
Business News
Facebook faces small but symbolic UK fine over data protection breaches
Britain’s information regulator slapped Facebook with a small but symbolic fine for breaches of data protection law after millions of users’ data was improperly accessed by consultancy Cambridge Analytica.
Business News
Oil pares losses after U.S. crude stocks fall most since 2016
Oil futures pared losses briefly Wednesday after U.S. crude inventories fell the most in nearly two years, before trading lower in a volatile session in which supplies from Libya and Iran were expected to increase.
Trading Ideas
Tesla turns to China for new factory
Tesla is putting its focus on China for a new factory, but is Elon Musk spending his money in the right place? Yahoo Finance’s Alexis Christoforous speaks with Gene Munster of Loup Ventures. …read more […]
Business News
U.S. House Speaker Ryan: tariffs not the way to go in China trade dispute
U.S. House of Representatives Speaker Paul Ryan said on Wednesday tariffs are not the right tool to use in the trade dispute with China, although Beijing engages in unfair trade practices.
Business News
Exclusive: Trump, Pfizer CEO Ian Read spoke about drug pricing – source
U.S. President Donald Trump called Pfizer Chief Executive Ian Read on Tuesday and discussed the company’s July 1 price hikes for 10 to 15 minutes, communicating that the increases had complicated the administration’s drug pricing plans, according to a source familiar with the matter.
Business News
Bullish central bank news lifts euro, Canadian dollar
The euro rose to a daily high on Wednesday after a report that European Central Bank policymakers were split over when the central bank would raise rates next year.
Trading Ideas
AT&T takes stake in AR company Magic Leap with exclusive distribution deal
After spending the last couple of weeks closing the deal to buy TimeWarner for …read more […]
Business News
Wall Street slides as U.S.-China trade war escalates
U.S stocks slid on Wednesday amid a broad selloff on escalating trade war tensions after the United States threatened to impose tariffs on an additional $200 billion worth of Chinese goods.
Business News
U.S. May wholesale inventories revised higher
U.S. wholesale inventories were a bit higher than initially estimated in May amid strong increases in the stocks of machinery and a range of other goods.
Trading Ideas
Rescued Thai boys make victory signs from hospital beds
The 12 boys rescued from deep within a flooded cave in northern Thailand made two-finger victory signs from their hospital beds on Wednesday in a moving video from the isolation ward where they’re recuperating from their 18-day ordeal. …read more […]
Business News
Oil falls after Libyan ports reopen, Trump tariff threat
Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China and Libya announced the reopening of key oil export terminals.