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MU Stock Looks Like a Great Value Bet Right Now

Over the past few years we’ve seen memory chip maker Micron Technology (NYSE:MU) skyrocket, as the firm cemented its position as a leader in the memory industry. MU stock has performed exceptionally well since 2016, but the chip maker has had a rocky ride over the past 6 months, as investors question whether or not the firm’s rally is legit. One of the biggest factors weighing on investor sentiment with MU stock has been trade tension between the US and China. …read more […]

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CBS board to discuss CEO Moonves investigation on Monday: sources

The allegations come as Moonves is embroiled in a legal battle over control of CBS with the company’s largest shareholder, National Amusements Inc, owned by Shari Redstone and her father Sumner, who also control media company Viacom Inc. CBS said on Friday it would investigate accusations against Moonves, 68, made by six women in a New Yorker magazine article featuring several instances of alleged sexual harassment spanning 1985 to 2006. …read more […]

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Oil prices mixed; WTI gains after strong U.S. growth figures

Oil prices were mixed on Monday with WTI rising on the back of strong U.S. economic growth figures, while Brent began the week trading lower after posting its first weekly gain in four. U.S. West Texas Intermediate (WTI) crude (CLc1) futures were up 22 cents, or 0.3 percent, at $68.91 a barrel by 0058 GMT. WTI fell 1.3 percent on Friday, marking a fourth week of declines. …read more […]

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Times publisher asks Trump to reconsider anti-media rhetoric

In a statement, A.G. Sulzberger said he decided to comment publicly after Trump revealed their off-the-record meeting to his more than 53 million Twitter followers on Sunday. Trump’s aides had requested that the July 20 meeting not be made public, Sulzberger said. “Had a very good and interesting meeting at the White House with A.G. Sulzberger, Publisher of the New York Times. …read more […]