Archive For The “Latest News” Category

Nikkei, Kospi slide as automaker stocks tumble on new Trump tariff threat – MarketWatch

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This article was originally published on this site Nikkei, Kospi slide as automaker stocks tumble on new Trump tariff threatMarketWatchAsian stock markets were mixed in early trading Thursday, as dovish news from the Fed was overshadowed by growing trade concerns, particularly after reports that the Trump administration was weighing new tariffs of up to 25%…

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Marijuana Stocks: Cannabis Pure Play Canopy Growth Sees NYSE Debut Tomorrow – Investor’s Business Daily

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This article was originally published on this site Investor’s Business Daily Marijuana Stocks: Cannabis Pure Play Canopy Growth Sees NYSE Debut TomorrowInvestor’s Business DailyThere are also more indirect marijuana stocks to invest in, such as Scotts Miracle-Gro (SMG), which sells hydroponic equipment used in growing weed. And GW Pharmaceuticals (GWPH) makes seizure-fighting drugs containing cannabidiol….

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Why Does Uber Need an IPO? – Bloomberg

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This article was originally published on this site Bloomberg Why Does Uber Need an IPO?BloombergUber Technologies Inc.’s new chief executive officer has been projecting the image of a kinder, gentler, more humble and responsible company. These are all good things. Yet under CEO Dara Khosrowshahi, Uber continues to articulate a perhaps …Uber saw strong revenue growth…

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Uber Shuts Down Arizona Self-Driving Vehicle Operations – Wall Street Journal

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This article was originally published on this site Wall Street Journal Uber Shuts Down Arizona Self-Driving Vehicle OperationsWall Street JournalUber Technologies Inc. is closing down its self-driving vehicle program in Arizona about two months after the state barred it from road-testing the technology when one of the company’s robot cars struck and killed a pedestrian….

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Cramer Remix: Prepare yourself for more pain in homebuilding stocks – CNBC

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This article was originally published on this site CNBC Cramer Remix: Prepare yourself for more pain in homebuilding stocksCNBCEven though the homebuilding stocks bounced on Wednesday, CNBC’s Jim Cramer warned that the market has turned on the sector, and to him, that means more pain ahead. “If you own a stock like Toll [Brothers] here,…

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Opinion: Why you probably have less money invested in stocks than you should – MarketWatch

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This article was originally published on this site MarketWatch Opinion: Why you probably have less money invested in stocks than you shouldMarketWatchThey are not interested in a stock that has a 50% chance of going up 20% and a 50% chance of going down 20%. They want stocks that, on average, have positive returns. In…

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Starbucks’ Homeless Problem – Wall Street Journal

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This article was originally published on this site Wall Street Journal Starbucks’ Homeless ProblemWall Street JournalStarbucks has jumped the shark. To put that more precisely, American liberalism has jumped the shark. In April two black men walked into a Starbucks in Philadelphia. They were there to use the bathroom, not to order anything Starbucks sold….

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Ackman makes roughly $1 billion bet on Lowe’s – Reuters

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This article was originally published on this site Reuters Ackman makes roughly $1 billion bet on Lowe’sReuters(Reuters) – Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe’s (LOW.N), revealing his third large investment this year. Ackman disclosed the stake at a New York conference,…

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Victoria’s Secret Owner L Brands Slides on Disappointing Outlook – Bloomberg

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This article was originally published on this site Bloomberg Victoria’s Secret Owner L Brands Slides on Disappointing OutlookBloombergL Brands Inc., which owns the Victoria’s Secret and Bath & Body Works chains, slashed its full-year profit outlook — sending shares sliding in late trading. The company now sees full-year profit of $2.70 to $3 a share,…

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Hundreds of Thousands of Routers Are Being Primed for a Cyberattack – Wall Street Journal

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This article was originally published on this site Wall Street Journal Hundreds of Thousands of Routers Are Being Primed for a CyberattackWall Street JournalA newly discovered network of hacked routers and storage devices could be used to launch a massive cyberattack or knock hundreds of thousands of internet users offline, Cisco Systems Inc. CSCO 0.07%…

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