Trading Ideas
Why Is Gilead Sciences (GILD) Down 7.2% Since Its Last Earnings Report?
Gilead Sciences (GILD) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues. …read more […]
Year: 2018
Business News
Wall Street set to open flat as trade concerns temper Italy optimism
(Reuters) – Wall Street was set to open flat on Thursday as optimism over renewed efforts in Italy to form a government were countered by worries of a looming trade war with the European Union.
Trading Ideas
Thursday’s Vital Data: Micron Technology, Inc. (MU), Bank of America Corp (BAC) and AbbVie Inc. (ABBV)
U.S. stock futures are trading mixed this morning. Renewed trade war fears are limiting Wall Street’s upside, as traders look to close out May on a largely positive note. …read more […]
Business News
U.S. consumer spending accelerates; weekly jobless claims fall
WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in April, a further sign that economic growth was regaining momentum early in the second quarter, while inflation continued to rise steadily.
Business News
U.S. Commerce Department to announce section 232 tariff changes
WASHINGTON (Reuters) – U.S. Commerce Secretary Wilbur Ross will hold a news briefing at 9 a.m. (1300 GMT) to announce “Section 232” national security-related tariff modifications, the U.S. Commerce Department said in a statement on Thursday.
Business News
SoftBank investment in GM Cruise could speed self-driving cars
(Reuters) – In a landmark deal that could accelerate wide-scale deployment of self-driving cars, General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.
Business News
Stock futures flat as trade concerns temper Italy optimism
(Reuters) – U.S. stock index futures were trading flat on Thursday as optimism over Italy trying to avoid a snap election was hampered by worries of a looming trade war with the European Union.
Business News
GM’s autonomous vehicle unit gets $2.25 billion funding from SoftBank
(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.
Trading Ideas
Under Armour's (UAA) Recent Gains Might Shock Investors
Shares of Under Armour (UAA) surged 3.58% on Wednesday to hit $21.40 per share, continuing the sportswear company’s impressive run. With that said, let’s dive into Under Armour’s recent stock price movement to see just how well its stock has performed. …read more […]
Business News
The rise of the apprentice: a European tradition comes to the U.S
NEW YORK (Reuters) – The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television reality show and its former host who now lives in the White House.
Business News
U.S. to impose tariffs on EU steel, aluminum: sources
WASHINGTON/PARIS (Reuters) – Washington will announce plans to impose tariffs on EU steel and aluminum imports as early as Thursday, two sources said, while a magazine reported President Donald Trump was now focused on pushing German cars from the country.
Business News
SoftBank Vision Fund to invest $2.25 billion in GM Cruise
(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle technology.
Trading Ideas
Saving Sessions: Inside the GOP effort to protect the AG
Days after President Donald Trump deemed Jeff Sessions “beleaguered” and threatened to fire him last July, members of the president’s inner circle made a desperate case to save the attorney general’s job. The White House chief of staff, Reince Priebus, and the president’s chief strategist, Steve Bannon, pleaded with Trump during a heated Oval Office meeting to keep Sessions, warning that his dismissal would only pour gasoline on the Russia investigation. Ten months later, the Republican campaign to save Sessions has continued and — at least for now — succeeded. …read more […]
Business News
Workers to vote on ‘micro union’ at Boeing South Carolina plant
NORTH CHARLESTON, S.C. (Reuters) – A small group of workers at Boeing Co’s South Carolina jetliner factory is voting on Thursday on whether to form a “micro union,” despite efforts by Boeing to challenge the election.
Business News
Nokia sells digital health venture, executive to leave
HELSINKI (Reuters) – Nokia said on Thursday it had sold its small digital health business, including activity trackers and smartwatches, and said the head of its Technologies unit would step down.