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Trading Ideas

3 Strong Buy Stocks from an Impressive Industry

As many investors know, there is an age-old saying that 50% of a stock’s price movement is the result of its group. For individuals who stick true to the aforementioned belief, we will highlight three of the strongest and most promising stocks within the Semiconductor industry, in hopes of guiding investors to a stock that holds its own merit, while being carried by the merit of the stocks surrounding it. …read more […]

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Business News

San Francisco subpoenas Uber, Lyft on driver classification

SAN FRANCISCO (Reuters) – San Francisco’s city attorney has subpoenaed Uber Technologies Inc [UBER.UL] and Lyft Inc to turn over records relating to how the ride-hailing firms classify drivers, as well as driver wages, health care and other benefits in the latest probe in the city’s year-long investigation into the companies.

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Business News

Italy, banks drive Wall Street southward

(Reuters) – U.S. stock markets sank more than 1 percent in value on Tuesday on downbeat guidance on trading from JP Morgan and worries over Italy, putting the S&P and Dow Jones Industrial Average on track for their biggest one-day drops in a month.

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Apple said to have chosen OLED for new iPhones; Japan Display shares plunge

TOKYO/SEOUL (Reuters) – Apple Inc has decided to use OLED screens in all three new iPhone models planned for next year, according to South Korea’s Electronic Times – a report that sent shares in Japan Display tumbling 10 percent. Japan Display, one of the main suppliers of iPhone liquid crystal display (LCD) screens, has lagged its South Korean rivals in OLED production. By contrast, shares in LG Display Co Ltd surged. …read more […]