No Picture
Trading Ideas

A Safe Dividend Makes Verizon Communications Inc. Stock a Safe Bet

While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game. …read more […]

No Picture
Trading Ideas

Wall Street slides, Dow erases 2018 gains as trade spat intensifies

U.S. President Donald Trump, in an unexpectedly swift and sharp move, threatened to impose a 10 percent tariff on $200 billion of Chinese goods and Beijing warned it would retaliate. Trump said his move followed China’s decision to raise tariffs on $50 billion in U.S. goods, which came after U.S. announced similar tariffs on Chinese goods on Friday. At 9:40 a.m. ET, the Dow Jones Industrial Average was down 300.90 points, or 1.20 percent, at 24,686.57. …read more […]

No Picture
Trading Ideas

Google's Larry Page 'floored' an early investor when he predicted it could be twice as big as Yahoo before it even had a business model (GOOG, GOOGL)

In 1999, before Google was a well-known (or well-funded) company, founders Larry Page and Sergey Brin were discussing their company with a new board member. Page and co-founder Sergey Brin’s goal was to “organize the world’s information and make it universally accessible and useful,” recalls venture capitalist John Doerr in his book “Measure What Matters.” But first, Doerr — who had already invested $11.8 million to take a 12% ownership stake and a board seat — had to help them organize their newly incorporated company. …read more […]

No Picture
Trading Ideas

Stocks are getting whacked as Trump moves toward an all-out trade war with China

President Donald Trump on Monday threatened an all-out trade war with China by announcing the possibility of tariffs on an additional $200 billion worth of Chinese goods. US stocks were set to tumble at Tuesday’s open the morning after President Donald Trump threatened an all-out trade war with China. The S&P 500 was set to open lower by about 1% after heavy overnight selling dropped China’s Shanghai Composite (-3.78%) to its lowest level in two years. …read more […]

No Picture
Trading Ideas

Global Markets: Trade war worries slam China and emerging markets

Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further. The yuan also hit a five-month low overnight after U.S. President Donald Trump’s threat to impose a 10 percent tariff on another $200 billion of Chinese goods drew warnings from Beijing about $50 billion of retaliatory penalties on U.S. goods. Europe’s main equity benchmarks sank 1 to 1.5 percent in early trading and Wall Street futures were pointing to similar falls there later, while safe-haven government bonds and the Japanese yen …read more […]

No Picture
Trading Ideas

Trump Casts China Tariff Net Wider — And Catches U.S. Consumers

President Donald Trump is searching for more China-made goods to tax. As the U.S. president threatens tariffs on an additional $200 billion in Chinese imports, he may find it difficult to spare electronic goods, clothing and textiles that account for half of all Chinese exports to the U.S. Last week, Trump’s $50 billion hit list of made-in-China goods largely focused on high-technology industries such as robotics, aerospace and cars. “They will focus on electronics,” said Fielding Chen at Bloomberg Economics. …read more […]