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There's confusion over whether the Trump administration secretly promised Apple that iPhones wouldn't be caught in the cross fire of a trade war with China (AAPL)

Apple could be one of the biggest losers in a trade war between the United States and China. The New York Times reported Monday that the Trump administration had told Apple CEO Tim Cook that no tariffs would be placed on iPhones. There are few companies with more to lose than Apple in a trade war between the United States and China. …read more […]

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Former Microsoft CEO Steve Ballmer's has advice for Facebook and Google: Don't make the mistake we did (FB, GOOG, GOOGL, MSFT)

The backlash against Silicon Valley is growing. Steve Ballmer, the former CEO of Microsoft, has some advice for the likes of Facebook and Google: Accept you’ve screwed up, and work with regulators to fix it. As Silicon Valley battles scandals and increasing regulatory scrutiny, Former Microsoft CEO Steve Ballmer has warned Facebook and Google not to make the same mistake Microsoft did. …read more […]

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At This Point, Micron Stock Looks Pretty Much Unstoppable

Micron Technology Inc. (NASDAQ:MU) did it again. Strong earnings, and a stronger forecast from CEO Sanjay Mehotra, continued to power Micron stock upward, but bears won’t let it go past the fundamentals so the memory chip maker is still a buy. On June 20 Micron reported net income of $3.823 billion, $3.10 per share, on revenue of $7.8 billion for the quarter. This compares to earnings of $1.65 billion, $1.40 per share, and revenues of $5.56 billion a year ago. …read more […]

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Apple has strong words for anyone who wants to 'jailbreak' their iPhone to run unauthorized apps (AAPL)

Some iPhone enthusiasts like to hack their own devices to apply tweaks and other unauthorized features.Apple says you shouldn’t do that. Not only can jailbreaking make your iPhone run worse, and leave it more vulnerable to hackers — it can make it ineligible for service at Apple stores. …read more […]

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How Classic Cars Could Turbocharge Your Asset Allocation

You’ve heard us say it before: Asset allocation is responsible for up to 90% of your long-term investment returns.

To get the most out of your portfolio, you need to sensibly divide it between U.S. stocks, foreign stocks, bonds, precious metals and other asset classes.

And as you can see from this week’s chart, classic cars are an unexpectedly good way to diversify your investments. In fact, they’ve beaten the S&P 500’s returns over the last decade.

How Classic Car Investing Works

A classic car is an example of a rare tangible asset – that’s a physical investment with aesthetic or collectible value.

Many cars …read more […]