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Trading Ideas

Dodge to resurrect the Viper a second time

First came the mourning for the Dodge Viper, which ended production last year. Then came the Viper’s continued sales run as a “Zombie Car;” we just wrote about how the Viper has racked up 11 sales so far this year, two of them in April. Now Car and Driver reports that the two-seater snake will return shorty for its second encore after being discontinued in 2009. The mag isn’t equivocal about it, either, writing, “trust us: A new Viper is happening.” It won’t, however, be the same Viper that brou …read more […]

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Trading Ideas

Getting the Market Right: How to Use EBITDA

Transcript:
Steve McDonald (SM): Our guest this week is Marc Lichtenfeld. He’s here to talk about EBITDA. And I’ll let you explain what it is because every time I try to say it, I say income tax instead of interest, taxes, depreciation and amortization. I’m in the markets 35 years. I’ve been working in them since ’91. What were you doing in 1991?

Marc Lichtenfeld (ML): I was out of school. That’s when I was starting to learn about the markets.

SM: Okay. I don’t ever remember hearing it mentioned, but in the last five, maybe 10 years, it’s EBITDA this and EBITDA …read more […]

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Trading Ideas

Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources

Qualcomm Inc (QCOM.O) is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV (NXPI.O), three sources told Reuters. The acquisition has been caught in the crosshairs of rising U.S.-China trade tensions, with sources saying an approval would depend on the progress of broader bilateral talks. Qualcomm is likely to meet Chinese regulators before U.S. Commerce Secretary Wilbur Ross arrives in China on Saturday, the sources briefed on Qualcomm’s discussions said. …read more […]

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Trading Ideas

Google Has Offered work to Ethereum’s Founder, Vitalik Buterin

Google, the IT behemoth sees opportunities in the sphere of cryptocurrencies and blockchain. This is also confirmed by the reported intention to hire Ethereum’s creator, Vitalik Buterin. Buterin is one of the most famous people in the industry. He has decided to ask the community on Twitter if they should accept the offer of the American giant of the computer industry. …read more […]

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Business News

Tencent chairman pledges to advance China chip industry after ZTE ‘wake-up’ call: reports

HONG KONG (Reuters) – Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on U.S. firms supplying telecommunications company was a “wake-up” call, local media reported.

…read more […]

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Trading Ideas

Klay Thompson has 35, Warriors force Game 7 in West finals

“I have no clue why our team is like this,” Steve Kerr said. Klay Thompson knocked down nine 3-pointers on the way to 35 points, the Warriors held Harden down in the second half, and Golden State rallied from an early 17-point deficit to stave off elimination with a 115-86 victory over the Houston Rockets on Saturday night to force a deciding Game 7 in the Western Conference finals. Man, that felt good,” Thompson said. …read more […]