If this is money you could just as easily burn, then go right ahead and buy IQ stock. While it’s true that iQiyi (pronounced eye-CHEE-yee) could become a big winner, little is certain, especially in the China market (IQ also operates in Taiwan). There are important differences between how iQiyi and Netflix operate that you want to keep in mind. …read more […]
Intel (INTC) closed the most recent trading day at $47.05, moving -1.2% from the previous trading session. …read more […]
Last week, Berkshire stocked up on Apple (AAPL) shares, a longtime analyst talked about the next trillion dollars in its valuation, an Aussie teen hacked in to its computer and more. …read more […]
Alibaba will report earnings tomorrow before the bell. Analysts expect a healthy jump in revenue, but will earnings get hit as the Chinese e-commerce giant ramps up its investments in logistics and retail. …read more […]
The rise of Nvidia (NASDAQ:NVDA) has been driven, not by bitcoin, but by its data-center business. As the Cloud Czars — Amazon.com (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB) — race to add artificial intelligence to their clouds to support next-generation services, they’re buying fast graphics chips from Nvidia in car-load lots. This has fueled Nvidia’s hyper-growth in the stock market, the shares up nearly 300% in just two years. …read more […]
Proxy adviser Glass Lewis & Co has recommended that shareholders in British sportswear retailer Sports Direct International Plc vote against some directors, including Chief Executive Mike Ashley and Chairman Keith Hellawell, at the company’s annual meeting on Sept. 12.
Investors in the debt and in the equity options of electric carmaker Tesla are betting the take-private deal described by Chief Executive Elon Musk will not materialize.
Find out which stocks held back the overall market. …read more […]
U.S. stocks were mixed on Wednesday, with the Nasdaq gaining on the strength of tech stocks while the S&P 500 was little changed as it marked its longest bull-market run.
Key U.S. government debt yields slid to six-week lows on a flight to safety bid and the dollar slid further on Wednesday as investors weighed how a conviction and a guilty plea of former advisers will impact U.S. President Donald Trump.
Chipmakers, cloud-computing sellers and even credit card payment companies will have a greater chance to stand out in the information technology sector next month following the largest-ever shakeup of Wall Street’s industry classification system.
Federal Reserve officials discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the U.S. central bank’s last policy meeting showed.
Paul Manafort seemed rich – but he was buried in debt, and desperate. …read more […]
Iran unveiled a fighter jet Tuesday which it claimed was new, domestically designed, and locally built. Aviation experts said the plane is in fact a Northrop F-5F, first built by the U.S. in the early 1970s. Iran is estimated to have 48 F-5 planes stil… …read more […]
The Chinese e-commerce giant has struggled to grow its stock over the last year as company spending and fears of a U.S.-China trade war have put a dent in BABA stock. Alibaba has invested heavily in physical infrastructure. For most of its history, the company has more closely resembled eBay (NASDAQ:EBAY) in that it acted as the middleman. …read more […]
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