Trading Ideas

The White House on Tuesday unveiled its package of $15.4 billion in proposed spending cuts. The list of rescissions, as they’re called, includes 38 proposals ranging in size from about $519,000 to more than $5.1 billion. In all, the White House says, the suggested cuts represent the “largest single rescissions request in history” — though they would do little to reduce the federal budget deficit, which is projected to total more than $800 billion this year. …read more […]

So that whole Turing test metric, wherein we gauge how human-like an AI system …read more […]

PARIS/NEW YORK (Reuters) – United Airlines is in talks with planemakers Airbus and Boeing Co over the purchase of wide-body, long-haul passenger jets to replace a fleet of 50 Boeing 767 aircraft, people familiar with the discussions said on Tuesday. Europe’s Airbus is expected to offer its upgraded A330neo jet against Boeing’s 787 Dreamliner in a deal potentially worth some $14 billion at list prices, the two sources said. …read more […]

Licenses for Boeing Co (BA.N) and Airbus (AIR.PA) to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement. Trump said he would reimpose U.S. economic sanctions on Iran, which had been lifted under the agreement he has harshly criticized. …read more […]

GW Pharmaceuticals PLC (GWPH) just released its latest quarterly financial results, posting adjusted earnings of -$3.12 per share and revenues of $3.35 million. …read more […]

McKesson (NYSE: MCK) is a large cap company that operates within the health care providers and services industry. Its market cap is $30 billion today and the total one-year return is 2.87% for shareholders.

McKesson stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✓ Earnings-per-Share (EPS) Growth: McKesson reported a recent EPS growth rate of 50.17%. That’s …read more […]

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. The deal covers the pension benefits of 41,000 retirees and beneficiaries who currently receive a monthly payout and meet certain conditions, the courier said in a statement Tuesday. Benefits won’t change, FedEx said, without disclosing the cost of the transaction. …read more […]

Facebook Messenger boss David Marcus announced that he’s leaving his current role to start exploring how to best use blockchain technology at Facebook. Marcus also sits on the board of cryptocurrency exchange Coinbase. …read more […]

Facebook is undergoing one of the biggest executive reshuffles in its …read more […]

WASHINGTON (AP) — The Latest on President Donald Trump’s decision on the Iran nuclear deal (all times local): …read more […]

The 2019 Dodge Challenger SRT Hellcat won’t be the only Mopar muscle car getting an update for the new model year. One of our spy photographers caught an updated Charger Hellcat testing near the SRT office. It appears that the car will continue on mostly unchanged, since everything behind the fenders is uncovered and unchanged. But the fascia must be getting some noteworthy changes considering how well it’s hidden. …read more […]

Tesla CEO Elon Musk managed to freak out investors last Thursday by acting …read more […]

In 2016, Walmart announced that it would be teaming up with Uber and Lyft for …read more […]

Happiness, properly defined, is a sense of well-being that comes from a great sense of knowing that you’re on the right path.

– Mark Anielski, economist and author of An Economy of Well-Being
As practitioners of what philosopher Thomas Carlyle called the “dismal science,” economists aren’t the folks you’d usually seek out to find the secret of happiness.

After all, happiness is normally the province of philosophers and psychologists.

Still, economists are people too…

And the best of them can offer some essential advice on how you can live a satisfying and happy life.

Their ultimate conclusion that, yes, money matters, may be politically incorrect in …read more […]

Nvidia Corporation (NASDAQ:NVDA) is heading into the earnings confessional this Thursday. The company is expected to follow on the heels of Intel Corporation (NASDAQ:INTC) and Advanced Micro Devices, Inc. (NASDAQ:AMD) and post better-than-expected results. Both of Nvidia’s major competitors posted solid first-quarter earnings results and boosted guidance. …read more […]