Trading Ideas
The slowing economy is no longer a surprise: Morning Brief
Top news and what to watch in the markets on Thursday, December 5, 2019. …read more […]
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Business News
Musk defamation trial may head to jury after billionaire and diver spar in court
Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case.
Trading Ideas
Musk defamation trial may head to jury after billionaire and diver spar in court
Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case. British cave explorer Vernon Unsworth testified on Wednesday he felt “branded a pedophile” despite Musk’s assertion that his “pedo guy” tweet was not meant to be taken literally. Unsworth’s appearance in a packed federal courtroom in Los Angeles came hours after Musk, the chief executive of electric carmaker Tesla Inc and founder of rocket …read more […]
Business News
Western, Chinese consumers divided on electric, self-driving cars: survey
Automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States, a survey on Thursday showed.
Trading Ideas
Biogen to make case to skeptics for its controversial Alzheimer's drug
Biogen Inc, looking to win over skeptics and health regulators, later on Thursday will present highly anticipated data on its experimental Alzheimer’s drug aducanumab, which the U.S. biotech company had declared a failure earlier this year. The turnabout has raised concern that the company is being more optimistic than its trial results warrant as it makes a case for a desperately needed treatment that, if approved, could be the first to slow progression of the mind-wasting disease. For Biogen, the financial prospects are enormous. …read more […]
Business News
Japan launches $122 billion stimulus to fight trade risks, post-Olympic slump
Japan’s cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world’s third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics.
Trading Ideas
Estimating The Intrinsic Value Of Apple Inc. (NASDAQ:AAPL)
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Apple Inc… …read more […]
Business News
Stocks keep the faith, sterling gallops higher
Stocks gained amid trade war headlines on Thursday, while sterling rose to its highest in more than two years against the euro on hopes next week’s UK election will lead to a smooth Brexit.
Trading Ideas
How Should Investors React To Exelixis, Inc.'s (NASDAQ:EXEL) CEO Pay?
Michael Morrissey became the CEO of Exelixis, Inc. (NASDAQ:EXEL) in 2010. This analysis aims first to contrast CEO… …read more […]
Business News
GM, LG Chem to announce EV battery joint venture in Ohio
South Korea’s LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .
Business News
FCA challenges Italy tax agency over value of U.S. business
Fiat Chrysler Automobiles (FCA) has challenged Italy’s tax authority which has said the car company had underestimated the value of its U.S. business after it bought Chrysler.
Business News
Wall Street’s high-stake bets on calm less risky than they seem
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time.
Business News
Gazing into the recession crystal ball
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
Business News
UK’s Javid: chances of ending Brexit transition without EU trade deal are remote
Britain is unlikely to cut off ties to the European Union at the end of 2020 without having a free trade deal in place, finance minister Sajid Javid said on Thursday.
Business News
BP increases stake in Lightsource BP to 50% from 43%: statement
BP is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday.