Trading Ideas

AT&T Inc. said it’s investing in Magic Leap Inc., the augmented reality headset startup, forming a partnership that will also make it the “exclusive wireless distributor” for Magic Leap products in the U.S. Financial terms of the deal were not disclosed, but a spokesperson for Magic Leap said AT&T’s investment completes the company’s latest fundraising round, which the company said in March totaled $963 million. Magic Leap has raised more than $2.3 billion overall and has been valued at more than $6 billion. …read more […]

The news comes a day after the company decided to defer drug price increases for no more than six months, following criticism from U.S. President Donald Trump for raising list prices of some medicines. The units would be Innovative Medicines, Established Medicines and Consumer Healthcare. The company is currently split into two units – Innovative Medicines, which includes the consumer business, and Essential Health. …read more […]

Two perspectives on investing in the fast-growing — and risky — cannabis industry. …read more […]

The aviation giant is well on is its way to achieving its strategic aims and its end markets remain strong. …read more […]

Shares of the largest U.S. retailer Walmart (NYSE:WMT) for the year-to-date are lower by around 12%, which inflicted pain on plenty of chart chasers in the early part of the year. For the past four months, WMT stock has found itself in a new consolidation phase which, in my eye, now stands a good chance of resolving to the upside for a trade. Among the retailer analyst community, I am currently hearing a debate whether the “trade war” fears would serve as headwinds or tailwinds for a name like Walmart. …read more […]

Trump kicks the trade war with China into high gear. On Tuesday, President Donald Trump’s administration released a list of $200 billion worth of Chinese goods, including seafood and other fresh goods, that could be subject to new 10% tariffs. China vows to fight back. …read more […]

These stocks check off all the boxes for retired investors. …read more […]

WASHINGTON/BEIJING (Reuters) – The Trump administration raised the stakes in its trade dispute with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports, including numerous consumer items, sending stocks in Asia skidding. China’s commerce ministry said it was “shocked” by the latest U.S. trade action and would complain to the World Trade Organisation, but did not immediately say how it would retaliate. Beijing has said it would hit back against Washington’s escalating tariff measures, including through “qualitative measures,” a threat that U.S. businesses in China fear could mean …read more […]

China’s shares tumbled in a broad sell-off, and the yuan weakened on Wednesday after the United States threatened further import duties on Chinese goods in a sharp escalation of the trade conflict between the world’s two biggest economies. The yuan’s decline also prompted heavy selling of airline shares amid fears that a falling currency could add to fuel costs and the debt-servicing load of companies with dollar-denominated debts. China Southern Airlines, Air China and China Eastern Airlines all fell more than 5 percent. …read more […]

Global markets already caught in the crossfire of Donald Trump’s escalating trade conflict with China took yet another hit Wednesday after the U.S. pushed ahead with plans to impose tariffs on an additional $200 billion in Chinese goods. The 10 percent tariffs proposed on items from clothing to television components to refrigerators further escalates a trade conflict that’s helped wipe out $2 trillion in value from global stock markets in the past month, according to data compiled by Bloomberg. “The fear is that the trade war is far from being over and tariffs will be enacted on both …read more […]

Asian stocks retreated and perceived safe havens such as the yen and U.S. Treasuries rose on Wednesday after the United States said it would impose tariffs on an extra 200 billion worth of Chinese imports, sharply escalating the trade war between the world’s two biggest economies. The United States had just imposed tariffs on $34 billion worth of Chinese goods on Friday, drawing immediate retaliatory duties from Beijing on U.S. imports in the first shots of a heated trade war. U.S. President Donald Trump had warned then that his country may ultimately impose tariffs on more than $500 …read more […]

The Trump administration raised the stakes in its trade war with China on Tuesday, saying it would slap 10 percent tariffs on an extra $200 billion worth of Chinese imports. The administration released a wide-ranging list of Chinese goods it proposes be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tires, dog and cat food, and consumer electronics including television components. “For over a year, the Trump administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition,” U.S. Trade Representative Robert Lighthizer …read more […]

The drugstore chain has given up value as the company has been unable to seal its merger with Albertson’s. …read more […]

Facebook continues to face fallout over the Cambridge Analytica scandal, …read more […]

Could this be the “super cycle” that everyone’s been hoping for? …read more […]