Trading Ideas
The Trade Desk Smashes Its Own Forecast and Soars on Massive Results
The programmatic advertising specialist produced record revenue while plowing past even its own ambitious targets. …read more […]
Month: August 2018
Business News
Turkish currency’s freefall rocks world equity markets, euro
A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of further fallout sent investors scurrying for safety in assets like the yen and U.S. government bonds.
Business News
Wall Street ends lower as Turkey woes hit banks
U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered a move out of riskier assets.
Business News
Automakers balk at U.S. request for confidential info for import probe
Two automotive trade groups on Friday raised “significant concerns” over the U.S. government’s request for confidential business information as it probes whether automotive imports pose a national security risk, according to a letter seen by Reuters.
Trading Ideas
Here's Why Intel Is Dropping $15 Billion in Capital Expenditures This Year
With more demand comes a need to spend more. …read more […]
Trading Ideas
Micron Technology Teaches a Tough Trading Lesson
By all accounts, the shares of Micron Technology (NASDAQ:MU) should be trading somewhere around $84. That’s the consensus price target which analysts have come up with. Given that MU stock is only trading at a forward price-earnings ratio of 4.4, the argument that the shares could be worth three times their current value of $51.37 holds water. …read more […]
Business News
Wall Street sinks as Turkey crisis drags down banks
U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank shares and triggered concerns that it could spread to other global economies.
Trading Ideas
Why The Trade Desk Inc. Stock Popped 36% Today
The programmatic ad leader delivered a stellar second quarter and raised its outlook. Here’s what investors need to know. …read more […]
Business News
Lee, Wrangler owner VF Corp looks to exit denim business: WSJ
VF Corp is exploring strategic options for its denim business that could include a sale or spin off of its Lee and Wrangler jeans brands, the Wall Street Journal reported on Friday, citing people familiar with the matter (https://on.wsj.com/2Oo36eK).
Business News
Turkish currency’s freefall rocks equity markets, euro
A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of further fallout sent investors scurrying for safety in assets like the yen and U.S. government bonds.
Business News
Timeline: Main events in Tesla’s history as a public company
Here are some of the key events in Tesla Inc’s turbulent history as a public company.
Business News
Emirates expects single-digit U.S. capacity rise in 2018: executive
Emirates airline [EMIRA.UL] expects a single-digit percentage increase in its U.S. capacity in 2018, a company executive said on Friday, as sales rebound after travel restrictions imposed by the Trump administration weakened demand from the Middle East early last year.
Business News
Energy executives lament Trump tariffs as costs rise on pipeline projects
U.S. President Donald Trump’s proposal to double tariffs on steel and aluminum from Turkey could push up costs even further for domestic oil and gas pipeline projects, as energy executives said they were already struggling from earlier tariff rises.
Business News
Wall St. falls amid Turkey woes; banks, tech decline
U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies.
Trading Ideas
Wall St. falls amid Turkey woes; banks, tech decline
U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies. A drop in technology shares added to the bearish … …read more […]