Trading Ideas
The latest cover of 'Time' is composed of 958 Intel drones
Intel’s latest drone trick is on the cover of Time. Err, it is the cover of …read more […]
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Business News
Goldman says market activity ebbs in second quarter
(Reuters) – Goldman Sachs Group Inc President David Solomon said on Thursday that second-quarter market activity had decreased from the first quarter, when heightened volatility helped Wall Street banks record huge profits.
Business News
U.S. hits allies with tariffs as risk of trade war rises
WASHINGTON/PARIS (Reuters) – The United States on Thursday said it will impose tariffs on aluminum and steel imports from Canada, Mexico and the European Union, reigniting investor fears of a global trade war as Washington’s allies took steps to retaliate against U.S. goods.
Business News
Facebook says all directors elected, shareholder proposals rejected
BOSTON (Reuters) – All eight of Facebook Inc’s director nominees were elected at its annual meeting on Thursday, and all six shareholder proposals urging reforms, including to its voting structure and content oversight, were rejected, company executives said.
Business News
SoftBank joins GM in self-driving car race; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.
Trading Ideas
Comic Samantha Bee apologizes to Ivanka Trump for slur
Samantha Bee apologized to Ivanka Trump and viewers on Thursday for using an obscenity to describe her on a segment of her TBS comedy show. Bee said her language was “inappropriate and inexcusable. Bee called Ivanka Trump a “feckless c—” toward the end of a segment about President Trump’s immigration policies on her show, “Full Frontal,” on Wednesday. …read more […]
Business News
Goldman says second-quarter market activity decreased vs first quarter
(Reuters) – Goldman Sachs Group Inc President David Solomon said second-quarter market activity has decreased compared to the first quarter, when heightened volatility helped Wall Street banks record huge profits.
Business News
Wall St. slips as U.S. tariffs spark trade war fears
(Reuters) – U.S. stocks fell on Thursday after the United States moved to impose metal tariffs on imports from Canada, Mexico and the European Union, prompting a tit-for-tat response from some of its trading partners.
Business News
Walmart launches order-by-text service to challenge Amazon Prime
BENTONVILLE, Ark. (Reuters) – Walmart Inc is starting a new same-day delivery service where customers can place orders using a text message, another step in its effort to scale up its e-commerce offerings and compete with rival Amazon.com Inc.
Business News
Wall Street slips as U.S. tariffs spark trade war fears
(Reuters) – U.S. stocks fell on Thursday after the United States moved to impose metal tariffs on imports from Canada, Mexico and the European Union, prompting a tit-for-tat response from some of its trading partners.
Business News
Deutsche Bank’s U.S. ops deemed “troubled” by Fed a year ago: WSJ
FRANKFURT (Reuters) – The United States Federal Reserve last year designated Deutsche Bank AG’s U.S. operations to be in “troubled condition”, The Wall Street Journal reported on Thursday, citing people familiar with the matter.
Business News
SoftBank joins GM in self-driving car push; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.
Trading Ideas
Coupa Software Stock Price and Research (Nasdaq: COUP)
Coupa Software (Nasdaq: COUP) is a $3 billion company today. Investors that bought shares one year ago are sitting on a 54.51% total return. That’s above the S&P 500’s return of 15.17%.
Coupa Software stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
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✗ Earnings-per-Share (EPS) Growth: Coupa Software reported a recent EPS growth rate of -23.08%. That’s below …read more […]
Business News
BNP Paribas to cut international retail banking posts in Paris
PARIS (Reuters) – France’s BNP Paribas plans to cut 91 posts in Paris that deal with retail banking activities outside its key European markets, such as Poland, Turkey or on behalf of its U.S. subsidiary BancWest, the bank said on Thursday.
Business News
SoftBank invests $2.25 billion in GM’s self-driving cars; shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit, Cruise, the companies said on Thursday, announcing a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.