Trading Ideas

On a per-share basis, the Bridgewater, New Jersey-based company said it had a loss of 95 cents. Losses, adjusted for one-time gains and costs, were 54 cents per share. The mobile services company posted … …read more […]

CNBC brings you fast, accurate, and actionable business news and market updates. …read more […]

A renewed slide in Chinese shares and a sobering set of factory surveys sucked world shares lower on Monday, while European markets and the Mexican peso were both jolted by political developments at home. It was the first day of the new month, quarter and half-year but there was no let up for bruised investors after the worst start to a year for world shares since 2010. Europe started with a thud too, with the pan-European STOXX 600 index dropping 1 percent and the euro down 0.5 percent against the dollar at $1.1630 as the stability of Germany’s …read more […]

Jul.02 — According to Elon Musk, Tesla “just became a real car company.” That as the electric automaker finally exceeded a production target for its Model 3. In the email, the CEO says the company produced 5,000 of the mass market sedans last week, a goal initially set for the end of last year. Bloomberg’s Dave McCombs reports on “Bloomberg Daybreak: Europe.” …read more […]

The euro slipped back in Asian trade on Monday after German Chancellor Angela Merkel was dealt a fresh blow when her interior minister offered to quit in an escalating row over migration policy. Interior Minister Horst Seehofer, who has called for tougher border controls, said he was ready to step down as minister and as chair of his Christian Social Union (CSU), junior coalition partner in Merkel’s government. …read more […]

Jul.01 — Tommy Xie, head of greater China research at OCBC, discusses China’s PMI data for June and his outlook for the economy. He speaks on “Bloomberg Markets: Asia.” …read more […]

The United States has a plan that would lead to the dismantling of North Korea’s nuclear weapons and ballistic missile programs in a year, President Donald Trump’s national security adviser said Sunday, although U.S. intelligence reported signs that Pyongyang doesn’t intend to fully give up its arsenal. John Bolton said top U.S. diplomat Mike Pompeo will be discussing that plan with North Korea in the near future. Bolton added that it would be to the North’s advantage to cooperate to see sanctions lifted quickly and aid from South Korea and Japan start to flow. …read more […]

Jul.01 — Juliana Roadley, market analyst at Commonwealth Securities, discusses her outlook for emerging markets and where she sees opportunity. She speaks on “Bloomberg Markets: Asia.” …read more […]

LeBron James is leaving home for Hollywood and an iconic team. The Los Angeles Lakers have a new superstar — L.A.-Bron. The four-time NBA MVP announced Sunday night that he has agreed to a four-year, $154 million contract with the Lakers, joining one of the league’s most storied franchises and switching conferences to try and dethrone the Golden State Warriors and grow his own legacy. …read more […]

Oil prices fell on Monday, with a Reuters survey showing Saudi Arabia has boosted supplies to a near-record 10.7 million barrels per day (bpd) in a sign the world’s top crude exporter wants to make up for disruptions elsewhere. Brent crude oil futures were at $78.52 per barrel at 0058 GMT, down 71 cents, or 0.9 percent, from their last close. Saudi Arabia’s output is up 700,000 bpd from May, a Reuters survey found on Friday, and close to its 10.72 million bpd record from November 2016, more than making up for disruptions elsewhere within the Organization of …read more […]

Jul.01 — James Cheo, investment strategist at Bank of Singapore, discusses his outlook for markets in the second half of the year. He speaks on “Bloomberg Daybreak: Asia.” …read more […]

Jul.01 — The White House is appearing to back off a tweet sent by President Trump claiming that he has persuaded Saudi Arabia to boost oil production to its maximum capacity which could affect the fragile OPEC truce and stoke the kingdom’s rivalry with Iran. Bloomberg’s Ros Krasny reports on “Bloomberg Daybreak: Asia.” …read more […]

Jul.01 — Mexicans began casting votes in Sunday’s elections amid signs they’re set to hand the presidency to a left-wing leader for the first time in decades. Bloomberg’s Carlos Manuel Rodriguez reports on “Bloomberg Daybreak: Australia.” …read more […]

Amazon poached more Microsoft executives from 2015 to 2017 than any other tech company, CNBC reports, citing the data-collecting startup Paysa. Microsoft is known for churning out quality employees, but while other tech giants took two (Apple and eBay) or five (Google) execs in those three years, Amazon managed to poach 30. Proximity most likely has a lot to do with the migration, but Amazon’s innovation and compensation are said to also be deciding factors, especially for employees who have already spent years at Microsoft. …read more […]

Ready or not, change is coming to the House Democrats. It’s not just that some of the Democrats, like 28-year-old Alexandria Ocasio-Cortez, are young and progressive. Or that many are women entering politics who want to fight President Donald Trump. …read more […]