Judicial Watch President Tom Fitton on the newly released emails that show that FBI officials advised former FBI Director James Comey to coordinate his congressional testimony last summer with special counsel Robert Mueller. …read more […]
Ford’s top executives took heat from shareholders over their plan to do away with sedans as we know them in Ford’s North American lineup, as the company held its annual meeting Thursday. Critics said the plan to shelve the Fiesta, Focus and Taurus, reduce the Focus to one crossover model, and concentrate on high-margin trucks and SUVs was a shortsighted abandonment of entire market segments of affordable vehicles. …read more […]
Nvidia Corp. revealed for the first time how much revenue it generated from chip sales to the cryptocurrency market — and said that figure will be much smaller in the second quarter. Demand from cryptocurrency miners was stronger-than-expected in the first quarter and translated into revenue of $289 million, Nvidia said Thursday on its earnings conference call. “Crypto miners bought a lot of our GPUs in the quarter and it drove prices up,” Nvidia Chief Executive Officer Jensen Huang said on a conference call. …read more […]
Boston Dynamics’ showed off a new video on Thursday. Its Atlas bipedal robot can now run and jump over obstacles, while its SpotMini robot can now autonomously navigate around obstacles and climb stairs. …read more […]
iQiyi’s first earnings report, an analyst buy rating, and a successful new membership program are giving investors plenty of reasons to bid up the stock. …read more […]
On a per-share basis, the Santa Clara, California-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, came to $2.05 per share. The results surpassed Wall Street … …read more […]
Israeli forces unleashed a heavy bombardment against Iranian military installations in Syria on Thursday in what Israel called retaliation for an Iranian rocket barrage on its positions in the occupied Golan Heights, the most serious military confrontation between the two bitter enemies to date. “If we get rain, they’ll get a flood,” Israeli Defense Minister Avigdor Lieberman warned. The scope of the attacks — which Israel called its largest in Syria since the 1973 Mideast war — raised the specter of a full-fledged war between Iran and Israel in Syria, a conflict that could potentially drag the militant …read more […]
Shareholders questioned Ford Motor Company (NYSE: F) executives at the company’s annual meeting on Thursday, wanting to know why the company announced it will cut its North American sedan lineup by 80 percent. Management defended the decision, and analysts say it was the right move for Ford’s bottom line. In April, Ford announced that over the next few years, the company will be cutting its North American car lineup down to just two models — the Mustang and the Focus Active crossover. …read more […]
Democrats are struggling to come up with an economic plan challenging the Trump tax cuts. …read more […]
The NYSE FANG index of firms from Apple Inc. to Netflix Inc. has rallied for 10 out of 11 trading sessions to reach 2,753, less than 1 percent away from a record 2,770 reached in mid-March. Whether that record gets broken sooner than later may hinge on Nvidia Corp., which reports after the close. Santa Clara-based Nvidia is expected to forecast fiscal second quarter revenue of $2.95 billion, up 32 percent from the same time a year ago, according to an average of analyst estimates compiled by Bloomberg. …read more […]
Younger Chinese consumers don’t appear to see products from Europe and the US to be superior to domestic brands the way that their parents did. The shift in perception has led to increased dominance of the Chinese smartphone market by domestic companies, rather than Apple. William Li, founder of electric car startup Nio, believes the same trend will play out between his company and Tesla in the Chinese automobile market. …read more […]
“… People will make mistakes. Some will alter their system or jump from system to system as each one has a losing period. Others will be unable to resist second-guessing the trading signals. Whenever I go to a money management conference and sit down with a group to have some drinks at night, I always hear the same story. ‘My system worked great, but I just didn’t take the gold trade, and that would have been my biggest winner.'”
– Larry Hite, hedge fund manager
For many years, I taught a two-hour intensive workshop titled “How to Manage Your Money Like …read more […]
Today, Democrats in the House of Representatives released over 3,500 Facebook …read more […]
Dark clouds have gathered and broken over Apple’s plans to build a data center …read more […]
Terry Gilliam’s The Man Who Killed Don Quixote really does seem to be cursed. …read more […]
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