The major U.S. stock indexes rose on Monday as optimism over talks between the United States and China provided a boost to trade-sensitive stocks in the industrial, energy and materials sectors.
Ross Gerber, the chief executive officer of fund manager Gerber Kawasaki Inc. and one of the most outspoken bullish investors in Tesla Inc., told Bloomberg Television on Monday there’s “no doubt” that the electric-car maker needs a skilled operator to swoop in and help Elon Musk. When asked who he’d want, Gerber responded with a doozy of an idea: Apple Inc. CEO Tim Cook. …read more […]
Let’s check up on Intel’s big buy. …read more […]
A federal appeals court on Monday revived a lawsuit accusing CBS Corp of copyright infringement for playing digitally remastered songs recorded before 1972 by Al Green, the Everly Brothers, Jackie Wilson and others on its radio stations and online.
Venezuela’s crude production, a major source of revenue, has fallen to a six-decade low this year as lack of investment, recession and hyperinflation pushed the OPEC-member country’s economy to near collapse. The settlement could restore a portion of lost exports by resuming shipping from the Caribbean. Conoco will suspend legal enforcement of the arbitration award as long as payments continue, spokesman Daren Beaudo said. …read more […]
U.S. producer ConocoPhillips and Venezuela’s PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm from exporting oil from most of its key Caribbean facilities.
The S&P 500 and Dow Industrials rose on Monday on optimism over trade talks between the United States and China, while the Nasdaq edged upward as technology stocks pared losses.
Jim Press, former Toyota USA president, and CNBC’s Phil LeBeau discuss the ongoing saga for Tesla and CEO Elon Musk following Musk’s take-the-company-private tweets. …read more […]
Nvidia on Monday offered an in-depth look at its next-generation Turing graphics chip. …read more […]
Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox succeeds with its takeover of the British broadcaster.
The S&P 500 and Dow Industrials rose on Monday on optimism over Sino-U.S. trade talks, coupled with a rise in materials and energy shares, while a drop in technology stocks weighed on the Nasdaq.
Romit Shah, Nomura Instinet analyst and one of Wall Street’s biggest Tesla bulls, discusses the factors weighing on his previous $450 price target on Tesla and why he’s still bullish on the electric car company. …read more […]
A new app called Extend makes expensing business charges easier. Yahoo Finance’s Seana Smith, Dion Rabouin and Julia La Roche talk with Extend CEO, Andrew Jamison about the venture. …read more […]
Rosenblatt sees 5G as key to the company’s success. …read more […]
Major pharmaceutical companies are partying like it’s 2001. U.S. drugmakers including Pfizer Inc., Eli Lilly & Co., and Merck & Co. are seeing their share prices balloon to the highest levels in more than 16 years as investors rotate in after second-quarter results proved stronger than expected. Impressive earnings paired with waning concerns about potential Trump administration actions on drug pricing could be helping to draw generalist investors in a bit of a “catch up trade,” according to Credit Suisse analyst Vamil Divan. …read more […]
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