Trading Ideas
Cramer: The selling has gone too far, especially after Tr…
Jim Cramer sees too many positive data points to make sense of the widespread weakness in the stock market. …read more […]
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Business News
A dark hour for traders as rare outage crippled Canada stock markets
TORONTO (Reuters) – For about an hour and 11 minutes last Friday afternoon, traders in Canada’s biggest stock exchanges were left in the dark, as the stock market operator battled with a hardware failure.
Business News
Snap shares sink 16 percent as redesign weighs on results
(Reuters) – Snap Inc fell short of Wall Street forecasts for revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares tumbling 16 percent on Tuesday.
Trading Ideas
Tom Price Now Says Obamacare Will Cost More Because of GOP’s Individual Mandate Repeal
President Trump’s former secretary of Health and Human Services said Tuesday that the repeal of the Affordable Care Act’s individual mandate penalty will likely raise the cost of health insurance through the program’s exchanges. “There are many, and I’m one of them, who believes that that actually will harm the pool in the exchange market, because you’ll likely have individuals who are younger and healthier not participating in that market, and consequently, that drives up the cost for other folks within that market,” Price told the World Health Care Congress in D.C., according to The Washington Times. Price …read more […]
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Next steps for caravan will unfold mostly out of public view
TIJUANA, Mexico (AP) — The caravan of Central Americans seeking asylum in the United States sought the world’s attention as scores of migrants traveled through Mexico on a journey to escape their violent homelands. …read more […]
Trading Ideas
Why Lockheed Martin Stock Dropped 6% Today (Then Bounced Back)
Surprise! The only actual “news” here is good. …read more […]
Business News
The big comeback: Hedge fund managers at Milken predict industry rebound
BEVERLY HILLS, Calif. (Reuters) – Hedge funds, following an extended period of low investor confidence and unspectacular returns, are poised to be great again, according to managers at a West Coast gathering of some of the world’s largest investors.
Trading Ideas
Netflix's re-edit of ‘Arrested Development’ season 4 arrives May 4th
Not everyone loved the fourth season of Arrested Development. Each episode …read more […]
Business News
Wall Street rises on optimism on NAFTA deal and China trade
NEW YORK (Reuters) – The S&P 500 edged higher on Tuesday after comments from a Trump administration official on trade with China and the Mexican economy minister on the renegotiation of the North American Free Trade Agreement provided cause for optimism.
Trading Ideas
Apple beats profit expectations, plans $100 billion cash return boost
Apple also boosted its capital return program by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]
Trading Ideas
Apple beats profit expectations, plans $100 billion cash return boost
Apple also boosted its capital return programme by $100 billion, with repurchases from the increase set to begin in the June quarter, and said it bought $23.5 billion of stock back in the March quarter, a sign that it is bringing back most of its hundreds of billions of dollars in cash to the United States. The share repurchases in the march quarter drove Apple’s cash net of debt down slightly to $145 billion. “We are returning the cash to investors as we have promised,” Chief Financial Officer Luca Maestri told Reuters in an interview. …read more […]
Business News
Apple beats profit expectations, plans $100 billion cash return boost
(Reuters) – Apple Inc on Tuesday beat revenue and profit expectations in its March quarter as it sold 52.2 million iPhones, barely below Wall Street targets and showing some resilience as global demand for smartphones wanes.
Business News
Snap shares sink as redesign weighs on results
(Reuters) – Snap Inc missed Wall Street forecasts for first-quarter revenue and regular users after a redesign of its Snapchat messaging app turned off some long-time fans and advertisers, sending its shares sharply lower on Tuesday.
Trading Ideas
Apple says it will return $100B to investors with a massive new program after a strong Q2
Apple ended up with a pretty decent report for its second quarter, beating …read more […]
Trading Ideas
There's an incredible 'Avengers Infinity War' Easter egg hidden inside the new 'God of War' game
“God of War,” an exclusive that debuted in April for PlayStation 4, is one of the best games ever made because it does such a good job at nailing the fine details. This Shattered Gauntlet of Ages is a direct reference to the Infinity Gauntlet, the centerpiece of the new movie “Avengers: Infinity War.” The gauntlet is a weapon capable of combining the powers of the six Infinity Stones, which each control a fundamental aspect of life itself, in turn. …read more […]