Homepage / 03 August 2017
North Korea's economy may not survive another year, defector says Trump is toying with Iran — and another US adversary is watching $100 billion is not enough — SoftBank is in talks to raise a second giant tech fund China and emerging markets must stay 'vigilant' to possible risks, says IMF deputy managing director North Korea says 'a nuclear war may break out any moment' Copper surges on positive China data, dollar edges up ahead of Asian trade Cramer Remix: The one theme dominating this market’s hottest stocks Cramer explains why General Motors' stock is back in style on Wall Street Cramer: Trump stock Cintas is a 'terrific' play on job growth and has more room to run Cramer: The action in Apple's stock is a lesson on buying into weakness Apple explored buying a medical-clinic start-up as part of a bigger push into health care Facebook acquires anonymous polling app targeted at teens Microsoft adding Marriott CEO, former Commerce Secretary to board Months after Cisco bought AppDynamics for $3.7 billion, its founder is building a new start-up Netflix just tacked on another $1 billion to its content budget for next year Fund manager Novogratz agrees to advise ethereum-based digital coin exchange Jamie Dimon is betting big on the technology behind 'fraud' bitcoin A startup funded by iPod creator Tony Fadell is suing Andy Rubin's new company over trade secrets Buy Nvidia due to ‘strong underlying trends’ in digital currency, gaming: Analyst Netflix to report earnings after the bell Elon Musk drops Harry Potter jokes during his SpaceX chat on Reddit In defense of private equity For some Americans, it may be cheaper to Uber everywhere than to buy a car Mobile-only customers are the key to the next wave of Netflix growth Big tech and big pharma are set to clash over patent crackdowns Citigroup downgraded on credit quality concerns, 'disappointing' margins This series of new iPhones will be Apple’s most successful ever, says analyst Ives Oil prices rise toward six-month high as new Iraq conflict threatens output This robot could one day help your child learn a language Man says the Apple Watch saved his life after detecting an irregular heartbeat Apple's new campus is nearly finished and now Apple is building basketball courts US and China pouring millions into a bike race speeding across the globe Italy's new 'Rosatellum' law could see early elections that favor the mainstream parties Shake Shack's CEO might write you a $10 million check if you can prove this Supreme Court will hear US-Microsoft battle over emails Analysts expect a strong quarter from Netflix bolstered by subscriber growth Cramer: Netflix should be worth way more than its $80 billion-plus market value Bitcoin is finally buying into US real estate The charts are pointing to a big breakout for one FANG stock: Technician Op-Ed: As the world tweets, social media chiefs remain tight-lipped If you want to make a fresh financial start in 2018, here are 10 steps you can start taking now London is still Europe’s fintech hub despite Brexit, study says Here's where investors have reaped nearly 50% stock gains so far this year RBC downgrades Ford, cuts earnings estimates: 'It is still very early in the turnaround' Strategist Jim Paulsen: The economy may soon lose its power to boost stocks 'Tax alpha' is much more than simple tax-efficiency Huawei launches first smartphone with its own AI chip to challenge Apple's iPhone X North Korea's Kim Jong Un permits racetrack gambling as international sanctions take hold Apple upgraded because $1,000 iPhone will ‘extract’ more profits from consumers Stocks making the biggest moves premarket: ARMK, AAPL, ULTA, VIAB, TSLA & more Lufthansa reportedly offers $590 million for Alitalia's planes and staff Why de-dollarize? The greenback serves China's economy well T-Mobile, Sprint aim to announce merger without asset divestitures Major Wi-Fi security flaw could allow hackers to listen in on any of your devices Oil prices could see prolonged rally on Iraqi and Kurdish tensions, expert says IBM has a new blockchain for banks to speed up cross-border payments Wayfair is betting cheap delivery will push the online retailer past furniture giants Here's how the White House wants the GOP to talk about tax reform Millennial in Austria set to become the world’s youngest leader Wikileaks made a 50,000% return on bitcoin thanks to the US government, Julian Assange claims China's Huawei could overtake Apple this year in smartphones, top analyst says US vs. Japan: Giant robots are about to face off, fighting for their country Catalonia still won't say whether it's declaring independence, but wants to meet with Spanish leader S.Korea police seek arrest warrant for Hanjin Group chief China stands at 'a new historic starting point,' Communist Party says European shares seen higher as political news takes center stage Tell us what you think: Where does Bitcoin go from here? Amazon isn't playing in 'our sandbox,' says Lululemon CEO Australia's household debt is rising — but its treasurer says the situation is under control Iraqi troops advance on oil-rich Kurdish area that declared independence, raising fears of fighting The IMF has a message for emerging markets: Take advantage of easy money while you can China's September Consumer Price Index rose 1.6%, meeting expectations Social Capital's Chamath Palihapitiya explains the beauty of a calculated risk Asia markets to focus on firmer Wall Street, China inflation data ahead This doorbell lets you see who's at your front door, even when you're not home Hillary Clinton warns Britain on potential trade deal with Trump Here's why the public isn't buying into an anti-tech campaign based on false premises Germany's Social Democrats beat Merkel's conservatives in state vote Initial results show Austria tilting right in national vote How Avis rental cars formed an unlikely friendship with Alphabet Yellen sounds upbeat on economy, signaling likely rate hike The 2017 Lexus GS200t is the best value in the luxury sedan segment Britain, Germany committed to Iran nuclear deal after US plans to scrap the agreement 'Weaponized' platforms make stricter regulation of tech giants likely, Greyfire Advisory CEO says China is getting rid of free haircuts and fruit at the upcoming party Congress in austerity drive Draghi: Commercial real estate valuations stretched, but no bubbles in stocks or bonds How to stop your iPhone from driving you bonkers with notifications 'Alexa, order my meds' — start-up NowRx pioneers prescription orders through Alexa and Google Home Euro zone wages are rising more slowly than the ECB had hoped, Draghi says China will amend the party constitution which could tighten President Xi Jinping's grip on power Russian cargo ship launched to International Space Station Tesla fires hundreds of employees while trying to ramp up vehicle production, says report Cramer Remix: The FANG that won’t bite back Cramer: If you want to own tech and sleep at night, buy Texas Instruments HP Inc. CEO: We got into 3-D printing to get ahead of the inevitable manufacturing disruption Cramer's game plan: A pivotal earnings week These charts show how quickly bitcoin is growing Top tech investor: Cryptocurrency is going to make money transmission free Exclusive PRO Talks: Tech investor Cathie Wood says bitcoin is already changing how we live EU finance chief says name calling not helpful after 'enemy' jibe from UK

A massive blaze was engulfing one of the world’s tallest residential buildings in Dubai early on Friday, residents said, but authorities said the tower had been evacuated and no injuries were reported. Flames shot up the sides of the Torch tower in the upscale Marina district in the second blaze at the building since 2015, […]

Read more

Reflecting on his infamous 2007 rant where he accused Federal Reserve members of ignoring signs of potential financial collapse, Jim Cramer reluctantly offered some bad news. “I’m still seeing loans being made that they should intervene on right now, tomorrow, tomorrow morning, this time by reckless lenders in the subprime auto industry, offering paycation, nothing […]

Read more

You may not have heard of Monkey, but there’s a good chance your teenager has. Monkey is a video-chat app for iPhone and iPad, and connects users around the world with like-minded individuals for 10-second video chats using their Snapchat usernames. If you make a connection, you could have a friend on social media, which […]

Read more

It is not secret that Jim Cramer loves when companies engineer rational break-ups, and in the case of Wyndham Worldwide, his sentiments were no different. Wyndham Worldwide CEO Steve Holmes told the “Mad Money” host on Thursday that the split would, indeed, be “great for the business,” particularly because Wyndham’s hotel and timeshare components had […]

Read more

When President Donald Trump tweeted that “business is looking better than ever,” adding that “that just doesn’t happen,” Jim Cramer took the leader of the free world up on his claim. “Business is looking better than ever with business enthusiasm at record levels. Stock Market at an all-time high. That doesn’t just happen!” Trump wrote. […]

Read more

The White House has asked the likes of Apple, Amazon, Oracle and Qualcomm to lend some of their digital expertise to Washington, D.C. in the coming months to help the Trump administration rethink the way that federal agencies use technology. On a private call with those and other major tech companies Thursday, top advisers to […]

Read more

Check out which companies are making headlines after the bell on Thursday: Shares of Viacom fell more than 6 percent after initially jumping nearly 4 percent during after-hours trading. The company reported earnings of $1.17 per share on revenue of $3.36 billion, topping expectations for $1.05 per share on revenue of $3.29 billion, according to […]

Read more

The pressure is on for Tesla’s Model 3. If Tesla’s latest model fails to produce margins, the popular automaker could potentially be spending more than $1 billion a quarter, said an analyst. “[Tesla has] a billion dollars of capital spending per quarter. So they could be burning through more than a billion dollars per quarter […]

Read more

Kleiner Perkins, one of Silicon Valley’s old-guard venture capital firms, is moving fast to plug holes in its investment team. The firm, which was founded in 1972, just nabbed Mamoon Hamid as a general partner. Hamid co-founded Social Capital, and led investments there in Slack, OneLogin and other enterprise tech deals. Hamid confirmed the move […]

Read more

GoPro reported quarterly results and revenue that beat analysts’ expectations on Thursday. Here’s how the company did compared to what Wall Street expected: Loss per share: 9 cents vs. 25 cents expected, according to Thomson Reuters Revenue: $296.5 million vs. $269.6 million expected, according to Thomson Reuters In the year ago quarter, GoPro reported adjusted […]

Read more