Trading Ideas
Here's Why The Trade Desk Is Skyrocketing Higher
A number of ongoing developments are fueling the programmatic advertiser’s soaring growth and making the company bullish for the future. …read more […]
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Business News
Asia tries to find its footing after Turkish tremors
Asia share markets tried to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed a little and Wall Street proved resilient to the shockwaves.
Business News
Icahn reverses position on Cigna-Express Scripts deal
Activist investor Carl Icahn said on Monday that he no longer intended to solicit proxies to vote against the $52 billion Cigna-Express Scripts deal, a turn around from his position last week when he urged the health insurer’s shareholders to vote against it.
Trading Ideas
Nvidia rolls out new chip technology for filmmakers
At a gathering of graphics professionals on Monday, Nvidia rolled out its newest generation of chip technology, called Turing after the legendary British computer scientist Alan Turing. Nvidia says the new generation of chips will let designers make those changes in real time, which could speed up the creative process – and which Nvidia hopes customers will pay a premium for. “Turing is Nvidia’s most important innovation in computer graphics in more than a decade,” Jensen Huang, founder and CEO of Nvidia, said in a statement. …read more […]
Trading Ideas
CRON, CGC Sink Ahead of Earnings: What To Watch From These Pot Stocks
Recreational marijuana is now legal in Canada as well as a number of states in the U.S. Companies have raced to get in on the multibillion-dollar a year industry, so let’s see how two of the bigger pure-play pot stocks, Cronos Group (CRON) and Canopy Growth (CGC), are projected to perform Tuesday. …read more […]
Business News
Credit Suisse divides international wealth unit into more regions: Bloomberg
Credit Suisse Group AG is splitting its international wealth-management unit into seven regions from four, in an ongoing push by Chief Executive Officer Tidjane Thiam to regionalize the bank, Bloomberg reported on Monday, citing people briefed on the matter.
Trading Ideas
Netflix CFO Stepping Down Represents New Chapter, IDC's Del Prete Says
Aug.13 — Crawford Del Prete. IDC Research chief operating officer, and Bloomberg Intelligence’s Paul Sweeney discuss the outlook for Netflix Inc. with Bloomberg’s Selina Wang on “Bloomberg Technology.” …read more […]
Trading Ideas
Cramer: Booking Holdings needs to decide whether it’s a g…
Jim Cramer reviews Booking Holdings’ pivot from boosting growth to boosting profits. …read more […]
Business News
Major Tesla owner Fidelity trimmed stake last quarter: SEC filing
Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the company private earlier this month.
Trading Ideas
MGM Resorts Wants to Dominate Sports Betting
The casino operator signs three deals in a week, putting it way ahead of the competition. …read more […]
Business News
Keeping Tesla shares may not be an option for some big funds
Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow.
Trading Ideas
Strzok’s firing proves that Mueller’s investigation is compromised: Tom Fitton
Judicial Watch President Tom Fitton discusses how the firing of former FBI agent Peter Strzok proves that special counsel Robert Mueller’s Russia investigation is flawed. …read more […]
Trading Ideas
Latest on Musk's quest to take Tesla private
Tesla CEO Elon Musk revealed additional info today following his ‘funding secured’ tweet that roiled the markets last week. …read more […]
Business News
Citigroup shakes up consumer bank and card chief leaves
Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results.
Business News
Lockheed Martin wins $480 million U.S. defense contract: Pentagon
Lockheed Martin Corp has been awarded a $480 million U.S. defense contract for air-launched rapid response weapon critical design review and test and production readiness support, the Pentagon said on Monday.