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Trading Ideas

Advanced Micro Devices, Inc. Stock Is Going to Keep Getting Hotter

For the second time (at least), patience has paid off when it comes to Advanced Micro Devices, Inc. (NASDAQ:AMD). The same day, Robert Martin (no relation) took the other side. The recent rally is based on real evidence that AMD is becoming a significant competitor to the likes of Intel Corporation (NASDAQ:INTC) and Nvidia Corporation (NASDAQ:NVDA). …read more […]

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Trading Ideas

Apple plans to make 20 pct fewer new model iPhones this year – Nikkei

Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources. The California-based firm has asked its parts suppliers to make about 20 percent fewer components for the three new iPhones it plans to launch in the second half of 2018, compared to last year’s plans for its iPhone X and iPhone 8 models, the paper reported. It knocked 2 percent off Apple’s shares and send stocks of …read more […]

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Business News

Exclusive: Malaysia considering seeking return of Goldman Sachs’ 1MDB fees

KUALA LUMPUR (Reuters) – Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday.

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