U.S. President Donald Trump sounded an optimistic note on Friday as high-level trade talks with China entered a second day, while Beijing indicated it was open to a “partial” deal that would avoid a planned hike in tariffs on its goods this month.
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
(Bloomberg) — The Kremlin is backing a draft law to restrict foreign ownership of Russia’s largest internet company, Yandex NV, and other local tech firms on national security grounds, despite warnings from providers that it will harm their businesses.The presidential administration supports proposals by Anton Gorelkin, a United Russia deputy in the lower house of parliament, that would limit foreign ownership in “significant information resources” to 20%, according to three people with knowledge of the matter, who asked not to be identified discussing internal issues. Yandex fell more than 15% in U.S. trading Friday, its biggest decline in a year. …read more […]
General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of the automaker’s latest offer aimed at ending a month-long strike.
Apple is hitting its highest levels in over a year in the wake of the company pulling a controversial app linked to the Hong Kong protests. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Dan Howley discuss. …read more […]
A pair of wildfires have destroyed dozens of homes near Los Angeles and forced thousands of residents to evacuate, fire officials and local media reported on Friday, days after power cuts were ordered across the state to prevent fires.
There are many historic periods dating the stock market—some good, some bad. The Dot-Com Bubble. The Roaring 20s. The Great Recession. Right now, we’re in the middle of yet another epoch: The age of unicorn IPOs.
This exemplary period in stock market history is aptly-named for the slew of upcoming IPOs that have investors clamoring. A surge of venture-backed, game-changing companies have already made their way to the public markets. Their subsequent success fueled even more IPOs. The result? Company after company has gone public, with still more lining up to offer shares.
These aren’t no-name companies, either. The reason IPOs are …read more […]
A look at the shareholders of Cloudera, Inc. (NYSE:CLDR) can tell us which group is most powerful. Institutions often… …read more […]
U.S. President Donald Trump said on Friday that U.S.-China trade talks were going well as the second day of top-level negotiations aimed at rolling back tensions between the world’s two largest economies begins.
For America’s working poor, an often essential ingredient for getting and keeping a job – having a car – has rarely been more costly, and millions of people are finding it impossible to keep up with payments despite prolonged economic growth and low unemployment.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […] …read more […]
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […] …read more […]
Citigroup Inc on Friday named Douglas Adams and James Fleming global co-heads of its equity capital markets business, which helps companies raise money through IPOs and private placements.
A look at the shareholders of Amarin Corporation plc (NASDAQ:AMRN) can tell us which group is most powerful… …read more […]
U.S. stocks opened strongly on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases.
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