Trading Ideas
Tesla reaches deal to build electric vehicle factory in China
Tesla has reached a deal with the Shanghai government to build a factory …read more […]
Articles by admin
Trading Ideas
Could Alibaba Stock Really Soar More Than 50%?
Alibaba Holding Group (NYSE:BABA) hasn’t had the best few weeks. After BABA stock hit a high just over $210 in mid-June, shares quickly cascaded lower, falling to almost $180 by July. The first, several economic data points out of China came in below expectations. …read more […]
Business News
Oil mixed on supply disruptions; chance of Iran sanctions waivers
Oil prices were mixed on Tuesday, as price gains on supply concerns in Norway and Libya were tempered by the United States’ indication that it would consider requests for waivers from Iranian oil sanctions.
Business News
Bike-share schemes battle for Paris turf, but it’s not all free-wheeling
Grabbing a bicycle from a docking station and riding the streets of Paris used to be one of the city’s many charms, but the once-loved Velib system has fallen into disarray and some new dockless bike-share schemes are struggling to survive.
Trading Ideas
Boeing says first-half orders soar past Airbus
Boeing, the world’s largest planemaker, recorded 460 net aircraft orders during the period, it said on Tuesday. Last week Airbus said it recorded 206 orders. Boeing’s new orders have rebounded after losing the race in that category to Airbus last year. …read more […]
Trading Ideas
Boeing says first-half orders soar past Airbus
Boeing, the world’s largest planemaker, recorded 460 net aircraft orders during the period, it said on Tuesday. Last week Airbus said it recorded 206 orders. Boeing’s new orders have rebounded after losing the race in that category to Airbus last year. …read more […]
Business News
PepsiCo, oil help extend Wall Street rally; S&P at four-month high
U.S. stocks rose on Tuesday, with the S&P 500 at a four-month high, as energy shares got a boost from higher crude prices and strong results from PepsiCo signaled a solid start to the earnings season.
Trading Ideas
The Thai government responded to Elon Musk, and said his submarine idea is 'not practical' for the cave rescue
Musk has floated a number of ways to rescue the Thai soccer team stuck in a cave, and sent engineers to the site. The Thai prime minister said he was “highly appreciative” of Musk’s initiative. Elon Musk has floated a variety of ways to help free the members of the Thai soccer team — but his kid-sized submarine has been politely turned down for being “not practical” for the mission. …read more […]
Business News
U.S. job quits rate hits 17-year high; labor market tightening
More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth.
Business News
Morgan Stanley’s Pick promoted to head of institutional securities: memo
Morgan Stanley has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street bank.
Business News
SEC charges ex-Heartland Payment CEO with insider trading
The U.S. Securities and Exchange Commission on Tuesday charged the former chief executive of Heartland Payment Systems Inc with insider trading for tipping off his longtime romantic partner about the payment processor’s $4.3 billion takeover by Global Payments Inc .
Business News
Boeing says first-half orders soar past Airbus
Boeing Co’s first-half aircraft orders were more than double those of Airbus SE , while its jetliner deliveries rose 7.4 percent from the year-ago period.
Business News
Oil pares gains on Norway, Libya supply disruptions
Oil prices rose on Tuesday on growing supply disruptions in Norway and Libya, but gains were pared after the United States said it would consider requests for waivers from Iranian oil sanctions.
Business News
Pepsi, oil drive S&P 500 to four-month high
U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, as energy companies got a lift from firming oil prices and strong results from PepsiCo signaled a flying start to the second-quarter earnings season.
Business News
U.S. stocks rise on oil, strong earnings as dollar gains
The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.