Trading Ideas
Why Applied Materials, Inc. Stock Fell 11.5% Last Month
August’s third-quarter earnings report beat the Street, but management set the bar low in its fourth-quarter guidance. …read more […]
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Business News
Wall Street gains as Apple, tech rebound; oil lifts energy shares
U.S. stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares.
Business News
FCC pauses review of T-Mobile, Sprint merger
The Federal Communications Commission, which is reviewing the planned merger of T-Mobile US Inc and Sprint Corp , said on Tuesday it has paused its review clock to give the agency time to analyze new and anticipated submissions from the companies.
Business News
U.S. shares lifted by tech and energy; trade woes hurt emerging markets
A broad index of world stock markets posted gains for a second straight day on Tuesday, as investors piled into U.S. technology and energy stocks even as a trade war loomed.
Business News
Unilever’s Dutch entity to replace parent company on FTSE Russell
FTSE Russell said on Tuesday consumer goods giant Unilever Plc would be deleted from all its indexes by the end of the year and replaced by New Unilever NV.
Business News
Canada ready to allow U.S. dairy access in NAFTA talks: sources
Canada is ready to offer the United States limited access to the Canadian dairy market as a concession in negotiations to rework the North American Free Trade Agreement, two Canadian sources with direct knowledge of Ottawa’s negotiating strategy said on Tuesday.
Trading Ideas
Apple expected to unveil bigger, pricier iPhone on Wednesday
Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product’s appeal amid slowing sales growth. Most of the buzz is swirling around a rumored iPhone that is supposed to boast a 6.5-inch OLED screen, up from 5.8 inches on the existing iPhone X. OLED is a step up from traditional LCD technology in offering a display without a backlight, so black is truly black rather than simply dark. If the speculation pans out, the even-bigger iPhone would represent Apple’s attempt to …read more […]
Business News
Trump says trade talks with Canada going well
U.S. President Donald Trump said on Tuesday that trade talks with Canada were going well and that Ottawa very much wanted to make a deal.
Business News
Oil up over 2 percent on concerns over Iran, slower U.S. output growth
Oil prices rose more than 2 percent on Tuesday as U.S. sanctions squeezed Iranian crude exports and after U.S. crude oil production in 2019 was forecast to grow at a slower rate than previously expected, prompting supply concerns.
Trading Ideas
PayPal Stock Jumps Again: Time to Buy PYPL?
PayPal (PYPL) saw its stock price climb over 2% Tuesday after the company announced its Funds Now instant payment feature for businesses. PayPal’s latest move helps it better compete in a crowded digital payment industry. The question for investors is should they consider buying PYPL stock at the moment? …read more […]
Business News
Wall Street gains as Apple, tech rebound
U.S. stocks rose in afternoon trading on Tuesday after a subdued start, as Apple led a jump in technology shares.
Business News
Wall Street regulators take multiple actions against cryptocurrency firms
Two Wall Street regulators on Tuesday announced a series of actions, including levying fines, against companies involved with cryptocurrencies, in a flurry of activity reflecting efforts to monitor the popular and unregulated asset class.
Business News
Oil rises more than 2 percent as U.S. sanctions on Iran squeeze supply
Oil prices rose more than 2 percent on Tuesday as U.S. sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to increase output.
Trading Ideas
Dave & Buster's Stock Has a Lot to Prove on Friday
The high-volume restaurant chain reports fiscal second-quarter results this week, and it needs to live up to its P-L-A-Y ticket symbol. …read more […]
Business News
On NAFTA, Nissan U.S. chief says: ‘We’re heavily American’
Nissan Motor Co Ltd’s North American division chief said on Tuesday that the Japanese automaker is awaiting details of the U.S.-Mexican trade agreement but is confident it can comply with its rules because it assembles around 1 million vehicles annually in the United States.