Trading Ideas
Inside Intel's $60 Billion Personal Computer Opportunity
Intel wakes up and smells the money in the PC market. …read more […]
Month: June 2018
Trading Ideas
China Publishes Final Rules for Big Tech Listings Trial Program
China published final rules of a trial program for securities that would allow companies such as Alibaba Group Holding Ltd. to list on domestic exchanges, a major step in the country’s push to bring some of the world’s biggest technology firms back home. The China Securities Regulatory Commission unveiled the details on its website late Wednesday. …read more […]
Business News
Strong fundamentals support Asian shares, Euro, yields up after ECB comments
TOKYO (Reuters) – Asian shares rose to 2 1/2-month high on Thursday, supported by strong economic fundamentals, while expectations the European Central Bank could start to wind down its stimulus boosted the euro and global bond yields.
Business News
Oil prices rise on Venezuelan supply troubles, but U.S. output surges
BEIJING (Reuters) – Oil prices rose on Thursday to shake off some of the previous session’s losses, supported by plunging exports by OPEC-member Venezuela.
Business News
Trump sticks with hard line on trade as showdown looms at G7
WASHINGTON/OTTAWA (Reuters) – U.S. President Donald Trump is not backing down from the tough line he has taken on trade, the White House’s top economic adviser said on Wednesday, setting the stage for a showdown with top allies at this week’s G7 summit in Canada.
Trading Ideas
3 Stocks That Could Put Amazon's Returns to Shame
It’s been tough to beat Amazon stock in the past. But the future could be a different story. …read more […]
Trading Ideas
Qualcomm CEO discusses 'hostile' Broadcom bid
Jim Cramer gets the latest on Qualcomm’s bid for NXP Semiconductors, its dispute with Apple and the failed Broadcom deal from CEO Steven Mollenkopf. …read more […]
Trading Ideas
Global solar forecasts lowered as China cuts support policies
China’s unexpected move to slash incentives for solar power has sent stocks into a free fall and prompted analysts to lower forecasts for global installations this year amid expectations that a glut of excess panels would send prices tumbling. China announced on June 1 changes to the subsidies that has underpinned its rise to become the world’s largest solar market in recent years. IHS Markit, a market research firm, was preparing to lower its global solar installation forecast for this year by between 5 and 10 gigawatts, or up to …read more […]
Business News
Icahn buys small stake in drugmaker Allergan: sources
(Reuters) – Billionaire investor Carl Icahn has acquired a small stake in Allergan Plc at a time when the drugmaker is under pressure from other activist shareholders, people familiar with the matter said on Wednesday.
Business News
Congress has few options to stop Trump from saving China’s ZTE
WASHINGTON (Reuters) – There is little Congress can do to stop President Donald Trump if he wants to relax penalties on ZTE Corp, despite strong bipartisan opposition to easing restrictions on China’s No. 2 telecommunications equipment maker.
Trading Ideas
Southwest Airlines (LUV) Stock Declines 22% YTD: Here's Why
Headwinds like soft bookings and rising fuel costs persistently weigh on Southwest Airlines (LUV), resulting in the stock’s decline. …read more […]
Business News
Trump’s move to please farmers on biofuels reform draws refinery union ire
(Reuters) – U.S. President Donald Trump, in yielding to pressure from farming states and agreeing to suspend changes to U.S. biofuel policy is now being criticized by another important constituency, the main union for oil refinery workers.
Business News
Wal-Mart settles discrimination lawsuit by transgender worker
(Reuters) – Wal-Mart Stores Inc on Wednesday settled a lawsuit by a transgender former employee in North Carolina who accused the retail giant of unlawfully firing her for complaining about harassment.
Trading Ideas
Why Advanced Micro Devices, Nektar Therapeutics, and Manitowoc Jumped Today
Find out which of these stocks picked up the most ground. …read more […]
Trading Ideas
Tesla Model 3
Shares up after Elon Musk said the embattled automaker was “quite likely” to build 5,000 Model 3 sedans a week by the end of this month. Musk also said he sees second-half profit and cash flow based on that target, and reiterated that Tesla would not need to raise more capital. …read more […]