Trading Ideas

On the heels of Google getting served a $5 billion fine by the EU over …read more […]

U.S. President Donald Trump on Thursday criticized the European Union and said the bloc was taking advantage of the United States, pointing to the record $5 billion fine European antitrust regulators imposed on Google. EU officials on Wednesday also ordered Google to stop using its popular Android mobile operating system to block its rivals, adding to trade tensions between Washington and Brussels. European Commission President Jean-Claude Juncker is scheduled to meet with Trump at the White House next Wednesday to discuss trade and other issues. …read more […]

A strong first-quarter sent the pharmaceutical company’s shares northward, but this positive momentum is starting to fade after a key regulatory setback. …read more […]

On a per-share basis, the New York-based company said it had net income of $1.41. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research … …read more […]

This emerging market can help Cisco offset global challenges. …read more […]

The online marketplace missed on revenue to end the first half and reduced its full-year outlook. Here’s what investors need to know. …read more […]

The company’s shares fell 2 percent in after-market trading, dragging shares of rival Century Aluminum Co down 1 percent. Alcoa now expects adjusted EBITDA to range between $3.0 billion and $3.2 billion, compared to its previous forecast of $3.5 billion to $3.7 billion. U.S. President Donald Trump imposed tariffs of 25 percent on imports of steel and 10 percent on aluminum on countries including Canada and Mexico and the European Union that went into effect in June. …read more […]

A 29-year-old gun-rights activist suspected of being a covert Russian agent was likely in contact with Kremlin operatives while living in the United States, prosecutors said Wednesday, accusing her of using sex and deception to forge influential connections. The woman, Maria Butina, was photographed by the FBI dining privately with a Russian diplomat suspected of being an intelligence operative in the weeks before the envoy’s departure from the U.S. last March, prosecutors said. The allegations add to the portrait of a Russian woman who the Justice Department says worked covertly to establish back-channel lines of communication to the …read more […]

NEW YORK (AP) — American Express said Wednesday that its second-quarter profit rose 21 percent from a year ago, as the credit card giant saw more customers spending on its namesake cards and a much lower tax rate. …read more […]

Much-maligned General Electric (NYSE:GE) stock is the most heavily traded stock in the market. According to Bloomberg, the average trading volume on GE stock in 2018 is a whopping 80 million shares a day. The spike in trading volume is mostly due to the fact that GE stock is a near-$10 stock (low price) that is widely covered and followed by the media, analysts and investors (lots of catalysts). …read more […]

British newspaper the Telegraph and local media reported that a salvage team discovered the Russian Imperial Navy cruiser Dmitri Donskoi. The warship sank off the island Ulleungdo 113 years ago, rumored to be carrying 200 tons of gold, the Telegraph said. Kosdaq-listed Jeil Steel Manufacturing Co. surged to its daily limit of 30 percent on Tuesday when the reports first surfaced, before erasing almost half of that gain on Wednesday. …read more […]

Shares of Apple (AAPL) are up roughly 10% over the last three months as investors show their confidence in the world’s most valuable company. Now let’s check out why the iPhone giant looks like a strong buy stock at the moment. …read more […]

The chairman of U.S. Federal Trade Commission said Wednesday that the agency is “very interested” in learning more about the European Union’s record fine of Google. “We’re going to read what the EU put out very closely,” said FTC Chairman Joseph Simons, while noting the U.S. and EU have different antitrust regimes. “In the antitrust world, most of the problematic conduct occurs where firms are big and have market power,” Simons said. …read more […]

OPEC and non-OPEC’s compliance with oil output curbs has declined to around 120 percent in June from 147 percent in May, two sources familiar with the matter told Reuters on Wednesday. OPEC and non-OPEC countries agreed to gradually bring compliance back to 100 percent at a meeting at the end of June. The move is designed to add more barrels to the market and reduce upward pressure on oil prices after unexpected outages in Venezuela and Libya pushed compliance to record high levels. …read more […]