Trading Ideas
Google buys Fitbit for roughly $2.1 billion in cash
Yahoo Finance’s Ines Ferre is live from the New York Stock Exchange to break down the latest market action. …read more […]
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Business News
Softbank Group says to book $2.56 billion second-quarter gain on Alibaba stake
SoftBank Group Corp said on Friday it would book a 277 billion yen ($2.56 billion) gain in the second quarter after portfolio company Alibaba Group Holding recorded a $9.7 billion gain related to its stake in Ant Financial.
Business News
Trump, negotiators ‘very optimistic’ on China trade deal: Kudlow
President Donald Trump and U.S. negotiators are “very optimistic” on a trade deal with China, White House adviser Larry Kudlow said on Friday in an interview with Fox Business Network.
Business News
Shares shuffle higher, dollar stirs after U.S. jobs data
Shares globally were just 2.5% short of an all-time high on Friday, as a surprise bounce in Chinese manufacturing and some reassuring U.S. jobs numbers eclipsed a blizzard of otherwise sickly global data.
Business News
Google enters wearables market with $2.1 billion Fitbit deal
Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant takes on Apple and Samsung in the fast-growing market for wearable devices.
Trading Ideas
Jobs report shows 128,000 jobs added in October after Fed signals pause in rate cuts
The October jobs report came in stronger than expected, with 128,000 jobs added versus the expected 85,000. This report comes on the heels of the Federal Reserve signaling a pause in rate cuts. Chief Global Market Strategist at Invesco Kristina Hooper and former JPMorgan Chase Chief Economist Anthony Chan join Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss. …read more […]
Trading Ideas
Alibaba surpasses Q2 expectations
Alibaba shares are up after releasing its Q2 earnings that beat the top and bottom line. Yahoo Finance’s Brian Sozzi, Alexis Christoforous and Julia La Rochediscuss on The First Trade. …read more […]
Trading Ideas
Fed outlook as jobs report shows 128,000 jobs added in October
After the October jobs report showed 128,000 jobs added, Wall Street is wondering what it will do to the Fed’s thinking now that it has signaled a pause in rate cuts. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Scott Gamm discuss. …read more […]
Business News
U.S. job growth slows less than expected despite GM strike
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.
Trading Ideas
Were Hedge Funds Right About Cashing Out Of Cerus Corporation (CERS)?
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […] …read more […]
Trading Ideas
Elizabeth Warren Finally Says How She'll Pay for Medicare for All
(Bloomberg) — Democratic presidential hopeful Senator Elizabeth Warren rolled out a wide-ranging menu Friday to fund her multi-trillion-dollar Medicare for All plan, a defining moment that fleshes out her vision to remake one-fifth of the U.S. economy.The plan would redirect most employer-based health care spending to the government so it can put all Americans into Medicare, while slapping a wave of taxes on large corporations and the wealthy, cracking down on tax evasion, reducing defense spending, and putting newly legalized immigrants on the tax rolls.Her advisers also lowered the estimate of Medicare for All’s price-tag to $20.5 trillion over 10 …read more […]
Trading Ideas
Here is What Hedge Funds Really Think About e.l.f. Beauty, Inc. (ELF)
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […] …read more […]
Business News
Electric Audi SUV tops Norway’s October car sales
German auto maker Audi’s fully-electric e-tron sports utility vehicle was the top-selling car in Norway last month with an 8.3% market share, registration data showed on Friday.
Business News
Nordic and Baltic equity trading halted again by tech glitch
Nasdaq’s Nordic and Baltic stock markets were halted by technical problems for a second time on Friday, only minutes after trading resumed following earlier problems.
Business News
Google to buy Fitbit for $2.1 billion
Alphabet Inc-owned Google will buy wearable device maker Fitbit Inc for $2.1 billion, as the search giant looks to enter the fast-growing market for fitness trackers and smartwatches.