Trading Ideas

Netflix “is in a vicious spiral to the bottom in content spend,” long-standing Netflix bear Michael Pachter recently told Business Insider. Netflix plunged as much as 4.89% Wednesday, hitting a low of $321, a level not seen in more than three months. Netflix shares have been under pressure ever since the streaming giant reported underwhelming second-quarter results on July 16. …read more […]

Chinese technology giant Tencent Holdings Ltd has “no clarity” on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue. Company president Martin Lau said “the biggest issue” before Tencent could return to rapid revenue growth was to gain regulatory approval to start charging for its PlayerUnknowns’ Battlegrounds (PUBG) video game in China, while confirming a sector-wide freeze for new game approvals in the world’s largest gaming market due to a government restructuring. Tencent’s profit in …read more […]

A huge investment from Constellation Brands sends the marijuana stock into orbit. …read more […]

WASHINGTON (AP) — For years, Omarosa Manigault Newman stood at Donald Trump’s side, making her deeply unpopular with African-Americans who see her as a sellout for aligning herself with a president who has hurled one insult after another at black people. …read more […]

Along the way Starbucks shares violated some crucial technical support areas, which is just one reason why, in my eye, this name has plenty of downside in store. Before digging into some charts, I would like to be clear that whenever I see an opportunity to bet against a stock, the time frames of those “trades” are usually short term, to at most, intermediate-term, in duration, i.e. Case in point, in the longer run, SBUX stock is still an interesting equity to own, but the near (to possibly intermediate-term) offers a better reward-to-risk opportunity on the short side, …read more […]

The two aircraft manufacturers announced lots of deals at the Farnborough Airshow last month, but hardly any of them were finalized during July. …read more […]

Constellation was among the first major alcohol producers to invest in marijuana production when it pumped nearly $200 million into Canopy last year but the latest announcement makes it by far the biggest investment in the industry. Canada, where 4.4 million people reported using the drug in the first half of the year, will fully legalize the recreational use of cannabis in October. Constellation, Molson Coors and Anheuser-Busch are all using the move by the United States’ northern neighbor to hedge their bets for the future at a time when beer sales, roughly 60 percent of Constellation’s business, …read more […]

Better growth prospects give the climate technology company an edge over the process automation specialist. …read more […]

Sales continue to grow, but keeping up to date with this fuel-cell leader requires more than checking in with one metric. …read more […]

Armed with this information, you can end up richer than you expected — or at least enjoying more financial security in retirement. …read more […]

BANGKOK (AP) — Shares were mostly lower in Asia on Wednesday despite a rally overnight on Wall Street as investors’ jitters over the Turkish currency crisis eased. …read more […]

The Wall Street Journal recently reported that India is drafting new China-like policies in the technology space that have the ultimate goal of leveling the playing field between U.S. tech giants and India’s home-grown technology businesses. Between Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOG), none of them have a significant presence in China, the world’s largest consumer market, because of protectionist policies. As a result, each of them has been been making a big push in India, the world’s second-largest consumer market. …read more […]

Cupertino has ground to make up in the world’s third-largest smartphone market. …read more […]

Former Baidu Inc. Chief Operating Officer Qi Lu has been named chief executive officer of Y Combinator China, marking the American startup incubator’s first fully-fledged international effort. Y Combinator, which has seeded companies including Airbnb Inc., Stripe Inc., Reddit and Dropbox Inc., will start its program in China as soon as next summer, according to an interview with the president of Y Combinator, Sam Altman. In the U.S., the accelerator selects two batches of companies a year that receive financing, advice and connections in exchange for a small percentage of equity. …read more […]

The networking hardware provider’s Catalyst 9000 switches and its security business will help drive revenue higher in the fourth quarter. …read more […]