Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the U.S. and China, regulatory filings showed Tuesday.
A group of founders, executives and early employees of Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued the dating app to avoid paying them billions of dollars and deprived some employees of stock options.
Goldman Sachs’ analyst is one of the most bearish Tesla analysts on Wall Street, with a “sell” rating and $210 price target — 40% below where shares are trading. Elon Musk hasn’t been one to hide his disdain for Tesla skeptics on Wall Street. …read more […]
Cisco Systems (CSCO) has seen its stock price sink roughly 3% over the last three months as investors decide what to make of the historic tech giant’s future. Cisco is coming off a relatively solid fiscal third quarter and has made a string of acquisitions that set it up for a stronger future. But the question is should investors buy CSCO stock ahead of the firm’s earnings release Wednesday? …read more […]
Home Depot Inc’s profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday. …read more […]
World share markets rebounded on Tuesday as Turkey’s lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest wobbles in China’s giant economy.
A group of founders, executives and early employees of popular dating app Tinder on Tuesday sued IAC/InterActiveCorp , claiming the parent company deliberately undervalued Tinder to avoid paying them billions of dollars.
Uber Technologies Inc [UBER.UL] named Matt Olsen as its chief security officer, the ride hailing company’s Chief Executive Officer Dara Khosrowshahi said in a tweet on Tuesday.
Elon Musk says he’s working with Goldman, Silver Lake to take Tesla Private. Yahoo Finance’s Seana Smith, Myles Udland, Rick Newman, Dion Rabouin and Paul Schatz, President, Heritage Capitol discuss. …read more […]
To take Tesla private, Elon Musk may need more than funding. …read more […]
Tesla Inc’s board named a special committee of three directors on Tuesday to negotiate with Elon Musk on taking the electric carmaker private, although it said it was yet to see a firm offer from the company’s chief executive.
Russia backs using national currencies, not the U.S. dollar, in its trade with Turkey, Russian Foreign Minister Sergei Lavrov said on Tuesday, but he made no firm commitments that would immediately help Ankara to weather its currency crisis. Lavrov held talks in Ankara with Turkish Foreign Minister Mevlut Cavusoglu days after the Turkish lira plummeted to an all-time low versus the U.S. dollar, while the Russian rouble lost nearly 10 percent in just several days of August. “The use of national currencies for mutual trade has for several years been one of the tasks that the presidents of …read more […]
German union Verdi will meet Ryanair in Dublin on Wednesday to start pay talks for around 1,000 cabin crew working in Germany for Europe’s largest low-cost airline, it said.
The International Air Transport Association (IATA) is pursuing its complaint against Honeywell to EU antitrust regulators, it said on Tuesday, even as the air transport group struck a deal over a similar grievance with engine maker CFM.
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