Trading Ideas
3 Stocks That Could Put Amazon's Returns to Shame
It’s been tough to beat Amazon stock in the past. But the future could be a different story. …read more […]
Articles by admin
Trading Ideas
Qualcomm CEO discusses 'hostile' Broadcom bid
Jim Cramer gets the latest on Qualcomm’s bid for NXP Semiconductors, its dispute with Apple and the failed Broadcom deal from CEO Steven Mollenkopf. …read more […]
Trading Ideas
Global solar forecasts lowered as China cuts support policies
China’s unexpected move to slash incentives for solar power has sent stocks into a free fall and prompted analysts to lower forecasts for global installations this year amid expectations that a glut of excess panels would send prices tumbling. China announced on June 1 changes to the subsidies that has underpinned its rise to become the world’s largest solar market in recent years. IHS Markit, a market research firm, was preparing to lower its global solar installation forecast for this year by between 5 and 10 gigawatts, or up to …read more […]
Business News
Icahn buys small stake in drugmaker Allergan: sources
(Reuters) – Billionaire investor Carl Icahn has acquired a small stake in Allergan Plc at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter said on Wednesday.
Business News
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties on ZTE Corp, despite strong bipartisan opposition to easing restrictions on China’s No. 2 telecommunications equipment maker.
Trading Ideas
Southwest Airlines (LUV) Stock Declines 22% YTD: Here's Why
Headwinds like soft bookings and rising fuel costs persistently weigh on Southwest Airlines (LUV), resulting in the stock’s decline. …read more […]
Business News
Trump’s move to please farmers on biofuels reform draws refinery union ire
(Reuters) – U.S. President Donald Trump, in yielding to pressure from farming states and agreeing to suspend changes to U.S. biofuel policy is now being criticized by another important constituency, the main union for oil refinery workers.
Business News
Wal-Mart settles discrimination lawsuit by transgender worker
(Reuters) – Wal-Mart Stores Inc on Wednesday settled a lawsuit by a transgender former employee in North Carolina who accused the retail giant of unlawfully firing her for complaining about harassment.
Trading Ideas
Why Advanced Micro Devices, Nektar Therapeutics, and Manitowoc Jumped Today
Find out which of these stocks picked up the most ground. …read more […]
Trading Ideas
Tesla Model 3
Shares up after Elon Musk said the embattled automaker was “quite likely” to build 5,000 Model 3 sedans a week by the end of this month. Musk also said he sees second-half profit and cash flow based on that target, and reiterated that Tesla would not need to raise more capital. …read more […]
Business News
Wall Street rises on economic data, easing trade worries
NEW YORK (Reuters) – Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high.
Business News
Trump to stick with hard line on trade as G7 showdown looms
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.
Trading Ideas
Facebook confirms data sharing with Chinese companies
Facebook Inc (FB.O) said Tuesday it has data sharing partnerships with at least four Chinese companies including Huawei, the world’s third largest smartphone maker, which has come under scrutiny from U.S. intelligence agencies on security concerns. The social media company said Huawei Technologies Co Ltd (HWT.UL), computer maker Lenovo Group , and smartphone makers OPPO and TCL Corp were among about 60 companies worldwide that received access to some user data after they signed contracts to re-create Facebook-like experiences for their users. Members of Congress raised concerns after The New York Times reported on the practice …read more […]
Business News
Drugmaker Lundbeck to settle U.S. charity probe for $52.6 million
BOSTON (Reuters) – Danish drugmaker Lundbeck said on Wednesday that it had reached a deal to pay $52.6 million to resolve a U.S. probe into its financial support of patient assistance charitable foundations.
Trading Ideas
Stormy Daniels Says Her Former Lawyer Colluded With Michael Cohen
Stephanie Clifford, the adult movie star professionally known as Stormy Daniels, said her former lawyer colluded with Donald Trump’s long-term attorney Michael Cohen in a bid to make her lie about her alleged tryst with Trump. Keith Davidson represented Clifford in 2016 when Cohen paid her $130,000 to keep quiet about a sexual encounter she says she had with Trump in 2006. Davidson and Cohen exchanged a series of messages in January to have Clifford appear on Sean Hannity’s show and have her refute a 2011 article In Touch Weekly published that month, describing her encounter with Trump, …read more […]