Trading Ideas
Could Snap Run Out of Cash?
BTIG Research cuts Snap to sell, in part due to its dwindling cash position. …read more […]
Month: September 2018
Business News
Apple iPhones get bigger and pricier, Watch turns to health
Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones.
Business News
Dow, S&P 500 end up slightly after trade talk news; Apple slips
The Dow and S&P 500 ended slightly higher on Wednesday after news of a fresh round of U.S.-China trade talks, while the Nasdaq fell following a decline in Apple as it unveiled larger iPhones but made just minor changes to its offerings.
Trading Ideas
Why Altria Group, Galapagos, and Laredo Petroleum Jumped Today
Find out how an FDA ban could help one of these companies. …read more […]
Business News
S&P, Dow edge up on trade optimism; Apple sinks Nasdaq
The Dow and S&P 500 ended slightly higher on Wednesday after news of a fresh round of U.S.-China trade talks, while the Nasdaq fell following a decline in Apple Inc shares as the company unveiled larger iPhones but made just minor changes to its offerings.
Trading Ideas
Micron's Rock-Bottom P/E Ratio Doesn't Tell the Whole Story
The stock looks unbelievably cheap. It’s not. …read more […]
Trading Ideas
Here's Why These Gold Stocks Lost Their Luster in August
Compounded with the drop in the price of gold, mixed earnings reports sent several gold mining companies’ stocks south in the final days of summer. …read more […]
Business News
Brent reaches $80 a barrel after fall in U.S. crude stocks
Oil futures rose on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in U.S. crude inventories and as U.S. sanctions on Iran added to concerns over global oil supply.
Business News
U.S. officials have reached out to China for new trade talks: sources
The Trump administration has reached out to China for a new round of trade talks as it prepares to activate punitive U.S. tariffs on $200 billion worth of Chinese goods, two people familiar with the matter said on Wednesday.
Business News
Apple debuts biggest iPhone yet, health-oriented watch
Apple Inc introduced its largest iPhone ever and a new line of watches that can detect heart problems on Wednesday as it looks to get users to upgrade to more expensive devices in the face of stagnant global demand for smartphones.
Trading Ideas
Apple debuts biggest iPhone yet, health-oriented watch
Apple Inc introduced its largest iPhone ever and a new line of watches that can detect heart problems on Wednesday as it looks to get users to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes to its lineup, following last year’s overhauled iPhone X, were widely expected by investors, who sent the company’s shares down 1.5 percent. The strategy has been successful, helping Apple’s stock up more than 30 pct this year and making it the first publicly traded U.S. company to hit a market value of …read more […]
Business News
60 Minutes Jeff Fager leaving CBS after reports of inappropriate behavior
The executive producer of the CBS television program “60 Minutes,” Jeff Fager, is leaving CBS News, according to a company memo on Wednesday, amid reports of inappropriate behavior.
Business News
U.S. incomes rose but inequality widened in 2017: data
The median U.S. household income rose for a third straight year in 2017 to the highest on record since 1967 by one measure, but the gap between white- and non-white households widened, government data showed on Wednesday.
Trading Ideas
U.S. incomes rose but inequality widened in 2017: data
The median U.S. household income rose for a third straight year in 2017 to the highest on record since 1967 by one measure, but the gap between white- and non-white households widened, government data showed on Wednesday. The Census Bureau said in its Income, Poverty and Health Insurance Coverage and Supplemental Poverty Measure report that median household incomes increased 1.8 percent to $61,400 last year. “Without adjusting for the change in the income questions, 2017 has the highest median household income on record since 1967,” said Jonathan Rothbaum, chief of income statistics at the Census Bureau. …read more […]
Trading Ideas
Crackdown on E-Cigarettes Pushes Shares of Altria Group 7% Higher Wednesday
The FDA’s announcement that teen usage of e-cigarettes has reached frightening levels has traditional tobacco companies surging Wednesday. …read more […]