Trading Ideas
Why Advanced Micro Devices, Nektar Therapeutics, and Manitowoc Jumped Today
Find out which of these stocks picked up the most ground. …read more […]
Year: 2018
Trading Ideas
Tesla Model 3
Shares up after Elon Musk said the embattled automaker was “quite likely” to build 5,000 Model 3 sedans a week by the end of this month. Musk also said he sees second-half profit and cash flow based on that target, and reiterated that Tesla would not need to raise more capital. …read more […]
Business News
Wall Street rises on economic data, easing trade worries
NEW YORK (Reuters) – Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high.
Business News
Trump to stick with hard line on trade as G7 showdown looms
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.
Trading Ideas
Facebook confirms data sharing with Chinese companies
Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on security concerns. The social media company said Huawei Technologies Co Ltd (HWT.UL), computer maker Lenovo Group , and smartphone makers OPPO and TCL Corp were among about 60 companies worldwide that received access to some user data after they signed contracts to re-create Facebook-like experiences for their users. Members of Congress raised concerns after The New York Times reported on the practice …read more […]
Business News
Drugmaker Lundbeck to settle U.S. charity probe for $52.6 million
BOSTON (Reuters) – Danish drugmaker Lundbeck said on Wednesday that it had reached a deal to pay $52.6 million to resolve a U.S. probe into its financial support of patient assistance charitable foundations.
Trading Ideas
Stormy Daniels Says Her Former Lawyer Colluded With Michael Cohen
Stephanie Clifford, the adult movie star professionally known as Stormy Daniels, said her former lawyer colluded with Donald Trump’s long-term attorney Michael Cohen in a bid to make her lie about her alleged tryst with Trump. Keith Davidson represented Clifford in 2016 when Cohen paid her $130,000 to keep quiet about a sexual encounter she says she had with Trump in 2006. Davidson and Cohen exchanged a series of messages in January to have Clifford appear on Sean Hannity’s show and have her refute a 2011 article In Touch Weekly published that month, describing her encounter with Trump, …read more […]
Business News
U.S. lawmakers press Facebook over Chinese data sharing
WASHINGTON (Reuters) – Two key U.S. lawmakers on Wednesday rebuked Facebook Inc for not being more transparent over its data sharing after the social media giant said it had collaborated with at least four Chinese companies, including a smartphone maker that has raised U.S. security concerns.
Business News
Wall Street climbs on easing trade worries
NEW YORK (Reuters) – Wall Street’s three major indexes added to gains late in Wednesday’s session as the S&P 500 and the Dow were boosted by financial and industrial stocks and ebbing trade-war fears while the Nasdaq was set for a fourth straight day of gains.
Business News
U.S. dollar-store shares marked down but specialty discounters thrive
NEW YORK (Reuters) – The shares of so-called dollar stores have suffered as U.S. shoppers have started spending more at bargain retailers with focused concepts and big discount chains.
Trading Ideas
North Korea can’t pay for hotel rooms at summit: Rep. McSally
Rep. Martha McSally (R-Ariz.) discusses the significance of the North Korean summit and North Korea’s economic struggles. …read more […]
Trading Ideas
Tesla shares rise as Musk says Model 3 set to hit target
The move overturned around a third of the impact of a rocky few months for Tesla, which has seen shares fall by a quarter from a peak last September as it battled with production delays and reports of a series of car crashes. Speaking at the company’s annual shareholder meeting on Tuesday, Musk offered teasers for upcoming projects, welling up when he spoke of the company’s vehicles being made “with love” and said his production lines have demonstrated the ability to make 3,500 Model 3 vehicles per week. Tesla’s future profitability hinges on ramping up output of the …read more […]
Business News
Paul Dacre, editor of the UK’s Daily Mail, to stand down
LONDON (Reuters) – The editor of Britain’s Daily Mail tabloid Paul Dacre will stand down by his 70th birthday in November to become chairman and editor-in-chief of the title’s publisher, Associated Newspapers, Daily Mail and General Trust said on Wednesday.
Business News
Trump to stick to hard line on trade as G7 showdown looms
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.
Business News
Alphabet shareholders reject diversity proposal backed by employees
MOUNTAIN VIEW, Calif. (Reuters) – Alphabet Inc’s shareholders, including top executives, voted down several proposals on Wednesday, defeating campaigns to tie pay to diversity goals and to get the Google parent to provide more data about efforts to moderate user-generated content.