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Trading Ideas

UPDATE 1-Pentagon announces F-35 jet prices for next three years

The Pentagon announced pricing details on Tuesday for its agreement with Lockheed Martin Co that lowers the cost of the F-35 jets it plans to purchase through 2022 by 12.7%, which may encourage other nations to buy warplanes. The F-35A, the most common version of the aircraft, will cost $82.4 million in 2020, $79.17 million in 2021 and $77.9 million per jet, the Pentagon told reporters at the Pentagon on Tuesday. Over the three years, the agreement will be worth $34 billion for 478 F-35 fighter jets. …read more […]

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Trading Ideas

Internet of Things Stocks

What They Are and How to Invest
The internet of things has the potential to change so many facets of our lives.Things like the way we

cool our homes
cook our dinners
work out
drive cars
and so much more.

That’s why internet of things stocks – or IoT stocks – are currently so popular with investors.
You may have heard the term before, but what exactly is the IoT, how does it work and what makes it so popular for investing? I’ll discuss below and introduce several key stocks you should watch.
What Is the Internet of Things?
The internet of things is the interrelated network …read more […]

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Business News

U.S. strike weighs on GM 2019 profit outlook

General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that brought virtually all of its North American operations to a standstill would cost it around $3 billion in profits this year.

…read more […]