Business News
Wall Street increasingly weighs risk from climate change
In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.
Year: 2019
Business News
Pioneer Natural CEO calls out shale industry for Permian Basin gas flaring
The chief executive of Pioneer Natural Resources, Scott Sheffield, on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.
Trading Ideas
Uber stock is in crisis — here's the biggest problems right now
Uber’s stock is in straight up free-fall. Here’s one big problem right now. …read more […]
Trading Ideas
Binance-backed Dune Analytics comes out of stealth mode
Dune Analytics, an analytics platform for querying and visualizing data from the Etheruem blockchain, has officially come out of stealth mode, making its platform publicly available for users.The post Binance-backed Dune Analytics comes out of stealth mode appeared first on The Block. …read more […]
Trading Ideas
Peloton plunges following latest earnings report
Shares of Peloton fell after releasing its first quarterly financial results since going public. Despite surpassing analysts’ expectations for its quarterly revenue and fitness subscribers, Peloton is trading lower than its IPO price Tuesday, falling as much as 6%. Yahoo Finance’s Jen Rogers, Myles Udland and Brian Cheung discuss on The Final Round. …read more […]
Business News
Global stocks edge higher; oil, dollar gain on trade hopes
The U.S. dollar and crude prices rose on Tuesday, spurred by continuing optimism a U.S.-China trade deal may be near, while a rally in global equity markets edged higher after China pressed U.S. President Donald Trump to remove recently imposed tariffs.
Trading Ideas
Trailing a $395,500 Bet in Shopify
In a previous Trade of the Day issue, we examined how we tracked a “Sharp Paper” buyer into Beyond Meat – which resulted in a winning trade.
Today, let’s do the same thing with Shopify (NYSE: SHOP).
Headquartered in Ottawa, Canada, Shopify offers cloud-based commerce platforms for small and medium-sized businesses in the United States, the United Kingdom, Canada and Australia.
The company’s platform gives merchants a single view of their business and customers across various sales channels. It enables store owners to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing.
Over …read more […]
Trading Ideas
Sanders slams Apple $2.5B housing pledge
Democratic Presidential Candidate Bernie Sanders is taking aim at Apple after the tech giant announced its plan with California Governor Gavin Newsom to donate $2.5 billion to combat California’s housing crisis.
Sanders criticized Apple, saying the funds won’t fix the housing crisis and would only turn the company into a real estate lender. Yahoo Finance’s Akiko Fujita discusses with Destination: Home’s Chief Impact Officer Ray Bramson on The Ticker. …read more […]
Business News
Uber test vehicles involved in 37 crashes before fatal self-driving incident
Uber Technologies Inc’s autonomous test vehicles were involved in 37 crashes in the 18 months before a fatal March 2018 self-driving car incident, the National Transportation Safety Board (NTSB) said on Tuesday.
Trading Ideas
Why Rosenblatt is Rooting for AAOI Stock Ahead of Earnings
Rosenblatt upgraded Applied Optoelectronics to “buy” and lifted its target price to $13 …read more […]
Trading Ideas
Marriott CEO Sorenson Offers Update on Cancer Treatment
Marriott International CEO Arne Sorenson said Tuesday he will have surgery for pancreatic cancer over the holidays but will continue to run the company. The head of the largest hotel company in the world, after acquiring Starwood Hotels and Resorts, has been battling pancreatic cancer. He offered the update to investors and analysts during a […] …read more […]
Business News
Italian government, ArcelorMittal dig in over Ilva row
Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government.
Business News
S&P 500 index holds steady after run to record
The benchmark S&P 500 was little changed on Tuesday, pausing after growing expectations of a trade deal between the United States and China helped boost the three main U.S. stock indexes to record highs in the previous session.
Trading Ideas
Donald Smith Trims Kinross Gold, Micron Technology Positions
Investor’s largest sales of the 3rd quarter Continue reading… …read more […]
Business News
Shale CEO calls out industry for Permian Basin gas flaring
Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.