Trading Ideas

Find out how a key acquisition plays into the cloud networking company’s plans. …read more […]

Turkey’s lira tumbled to a record low beyond 5 to the dollar on Thursday, after Washington imposed sanctions on two of President Tayyip Erdogan’s ministers over the trial of a U.S. pastor accused of backing terrorism. The sell-off, which also hammered local stocks and Turkey’s debt risk profile, reflected deepening investor concern over tensions with the United States, a NATO ally and major trading partner. The U.S. Treasury Department announced sanctions on Wednesday against Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu. …read more […]

Competitor eats into Qualcomm’s Apple business. …read more […]

Musk in a conference call on Wednesday, addressing the company’s largest quarterly loss to date, said the electric car maker would not need to raise more cash and that capital expenses would be slightly below $2.5 billion in 2018, lower than most analysts’ estimates. Previously, he insulted some analysts – turning off investors and shareholders, and knocking $2 billion off the company’s market cap. …read more […]

Blue Apron shares are sinking after reporting its number of customers declined 24% from a year earlier as competition climbs. Yahoo Finance’s Seana Smith, Dan Roberts, Ethan Wolff-Mann and Julia La Roche discuss. …read more […]

The company hopped over investors’ wall of worry. …read more […]

Berkshire Hathaway, iRobot, and Axon Enterprise top this list of long-run investment ideas. …read more […]

Short-sellers racked up about $1.1 billion in losses on paper on Thursday, pushing their year-to-day performance into the red, after Tesla Inc (TSLA.O)’s shares soared as much as 11 percent a day after the electric carmaker reported results, according to financial analytics firm S3 Partners. Short-sellers aim to profit by selling borrowed shares, with the hope of buying them back later at a lower price, and Tesla is the most shorted U.S. stock. Short-sellers’ on-paper losses have now swelled to $831 million for the year, S3 data showed. …read more […]

Teva Pharmaceutical Industries on Thursday raised its profit outlook for 2018 after reporting a smaller than expected drop in second-quarter net profit, but its shares tumbled eight percent on disappointment over its unchanged revenue outlook. The world’s largest generic drugmaker also reaffirmed that the U.S. Food and Drug Administration is due to make a decision in the middle of September for its migraine treatment fremanezumab, which it had originally hoped to launch in June. “We will be ready to launch immediately after,” CEO Kare Schultz told a conference call. …read more […]

Google staff awoke on Wednesday to surprising news: Their company is working on a search app tailored, and censored, for China. Sundar Pichai, chief executive officer since 2015, has made no secret of his desire to take the search giant back to mainland China. The executive is more pragmatic about the world’s largest internet market than Google’s founders, who pulled search from the mainland in 2010 over censorship concerns. …read more […]

Tesla’s shares were up nearly 9% in after-hours trading on Wednesday following the company’s Q2 results, with the stock rising through parts of the earnings call. Here are some of the highlights. Photo: Associated Press …read more […]

WYNN earnings call for the period ending June 30, 2018. …read more […]

Two very different defense contractors with surprisingly similar stock charts over the past three years. Who’s the better buy today? …read more […]

Prudential Financial Inc on Wednesday missed Wall Street estimates for quarterly profit, hurt by weaker results at its annuities business. Prudential, the second largest U.S. life insurer, said adjusted operating income at its individual annuities unit fell 17 percent to $507 million in the second quarter ended June 30. Annuities are long term investments an individual makes with an insurance company specifically for retirement purposes. …read more […]

Contrition pays off — just ask Elon Musk. The Tesla Inc. chief executive officer began the question-and-answer portion of the carmaker’s second-quarter earnings call by atoning for what he called his “bad manners” three months earlier. Musk then took the first two questions from two analysts he was harshest with last quarter — Sanford C. Bernstein’s Toni Sacconaghi and RBC Capital Markets’ Joseph Spak — and offered personal apologies. …read more […]