Trading Ideas
Why Advanced Micro Devices, Ballard Power Systems, and El Pollo Loco Holdings Jumped Today
Find out which of these stocks had the best day. …read more […]
Articles by Editor
Business News
U.S. apple farmers afraid they will be hurt by U.S.-China trade battle
Apple farmers across the U.S. Northwest fear they will be the next victims of a U.S.-China trade war that left cherry growers in the same region with weak prices and having to scramble for alternative buyers because of prohibitive Chinese tariffs.
Business News
Kaepernick ads spark boycott call but Nike seen benefiting
Protesters burned their Nike shoes, investors sold shares and some consumers demanded a boycott after the footwear and apparel maker launched an advertising campaign featuring Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Business News
Amazon, Berkshire, JPMorgan’s healthcare venture names COO
The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Tuesday hired Jack Stoddard as chief operating officer.
Business News
Facebook, Nike drag Wall Street lower, data limits losses
Declines in Facebook and Nike shares weighed on the S&P 500 and the Dow on Tuesday, although data showing U.S. manufacturing activity accelerated in August kept losses in check.
Trading Ideas
Nike slides after tapping Colin Kaepernick as the new face of its 'Just Do It' ads (NKE)
Colin Kaepernick is the new face of Nike’s “Just Do It” ad campaign. Follow Nike’s stock price in real-time here. Nike dropped 2.9% in trading Tuesday after the sneaker giant revealed Colin Kaepernick as the 30th anniversary face of its famous “Just Do It” ad campaign. …read more […]
Business News
Oil steady ahead of Storm Gordon; weighed by dollar, Cushing build
Oil prices were little changed on Tuesday, as energy infrastructure on the U.S. Gulf Coast braced for a hurricane, but gains were capped as a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed.
Business News
Emerging markets under pressure as dollar rises
Stocks fell in major markets around the world on Tuesday and emerging markets currencies lost ground while the U.S. dollar rose as investors looked for safety as they braced for an escalation in the U.S.-China trade conflict.
Business News
Twitter CEO to defend company before Congress against bias claims
Twitter Inc Chief Executive Jack Dorsey will tell Congress on Wednesday the company “does not use political ideology to make any decisions,” according to written testimony made public on Tuesday.
Trading Ideas
T-Mobile’s Sprint Deal Gets Tailwind From Chinese M&A Talks
A potential megadeal between Chinese wireless carriers could give a boost to two companies half a world away: T-Mobile US Inc. and Sprint Corp. China United Network Communications Group Co. is said to be exploring a merger with China Telecommunications Corp., a transaction that would unite the country’s second- and third-largest carriers. The Chinese deal would be part of that country’s push to develop advanced 5G network technology, raising concerns that the U.S. could fall behind in that area — a vulnerability that T-Mobile hopes to address with a Sprint acquisition. …read more […]
Business News
ING penalty puts Europe’s money laundering controls on the spot
When Dutch prosecutors trawled through ING’s books they found a “women’s underwear trader” had been able to launder 150 million euros through the bank’s accounts without ringing alarm bells.
Business News
U.S. factory activity hits 14-year high; supply constraints rising
U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but increasing bottlenecks in the supply chain because of a robust economy and import tariffs could restrain further growth.
Business News
Twitter chief executive to defend company before Congress
Twitter Inc Chief Executive Jack Dorsey will tell Congress on Wednesday the company “does not use political ideology to make any decisions.”
Trading Ideas
Trump, DOJ vs. Comcast
FBN’s Charlie Gasparino on President Trump and Department of Justice concerns about Comcast’s business model. …read more […]
Trading Ideas
Micron Bets $3 Billion on Autonomous Vehicles
Micron is investing heavily in the U.S. to support its efforts in autonomous vehicles and the Internet of Things. …read more […]