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SoftBank joins GM in self-driving car push; GM shares soar

(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.

…read more […]

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Coupa Software Stock Price and Research (Nasdaq: COUP)

Coupa Software (Nasdaq: COUP) is a $3 billion company today. Investors that bought shares one year ago are sitting on a 54.51% total return. That’s above the S&P 500’s return of 15.17%.

Coupa Software stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✗ Earnings-per-Share (EPS) Growth: Coupa Software reported a recent EPS growth rate of -23.08%. That’s below …read more […]

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Business News

SoftBank invests $2.25 billion in GM’s self-driving cars; shares soar

(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit, Cruise, the companies said on Thursday, announcing a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.

…read more […]

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Etihad seeks funding for more than $1 billion in Boeing deliveries – sources

Abu Dhabi’s Etihad Airways is seeking to raise debt to help finance upcoming deliveries of Boeing (BA.N) aircraft on order worth more than $1 billion (752 million pounds), banking sources familiar with the matter said. The state carrier sent requests for proposals to banks about a month ago for 12-year secured funding for the delivery of 787 Dreamliner aircraft and a cargo plane, the sources said. Etihad, which declined to comment on the financing, has 51 787 Dreamliner jets on order, including 21 787-9s and 30 of the larger 787-10 variant, according to Boeing’s website. …read more […]

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Business News

As Trump talks of trade losses, China is a win for U.S. East Coast ports

CHARLESTON, S.C. (Reuters) – For America’s fastest growing East Coast ports, trade with China equals billions of dollars of investment and thousands of well-paid jobs in the heart of Trump country and not, as the president portrays it, the death knell for America’s middle class.

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America: The World’s Greatest Engine of Innovation

“America is the greatest engine of innovation that has ever existed, and it can’t be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.”

– Thomas L. Friedman
America is the most innovative place on earth.

And American companies have an unrivaled impact on the rest of the …read more […]