Asian markets looked set to advance in early Tuesday trade as investors shrugged off trade-related jitters and ahead of several key events this week, including a highly anticipated meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore. Nikkei futures traded in Chicago were up 0.64 percent compared to the […]
Read moreSometimes, even CNBC’s Jim Cramer struggles to understand President Donald Trump’s trade strategies and how they could affect stocks. So, on Monday, he came up with five new theories. For one, the “Mad Money” host wondered why stocks didn’t fall Monday after tensions flared between Trump and other world leaders present at the G-7 Summit […]
Read moreIt’s no secret that CNBC’s Jim Cramer has long thought that Jack Dorsey, the CEO of both Twitter and Square, needs to stop splitting his time between the two companies. The “Mad Money” host would go from questioning how Dorsey could run two companies at once to calling him a “part-time CEO,” arguing that he […]
Read moreKim Jong Un is the so-called supreme leader of North Korea, and ultimately he makes all of the decisions. However, even in a dictatorship, there is still a chain of command. Here is what Kim Jong Un’s inner circle looks like. Ri Sol Ju is Kim’s wife. According to The Guardian, Ri was a popular […]
Read morePresident Donald Trump has lowered expectations for Tuesday’s summit since declaring in April that North Korea “agreed to denuclearization.” Now he says there may not be any agreement. “The minimum would be relationship,” Trump says of his sit-down with Kim Jong Un. “We’ll have met each other. We will have seen each other. Hopefully we […]
Read moreFitbit is looking to a new generation for growth. The company launched its new fitness tracker, Fitbit Ace, for children 8 years old and up on Monday. It wants to encourage children to move more. It also hopes appealing to a new audience will help it grow again. Fitbit, the company that popularized wearable fitness […]
Read moreTesla stock rallied as much as 5 percent on Monday after CEO Elon Musk made several promises to customers over the weekend. Among other things, Musk promised an Autopilot update by August that will “enable full self-driving features.” He offered the Autopilot detail in response to a customer’s criticism: tweet here Additionally, Tesla’s CEO and […]
Read moreMicrosoft is following Google’s lead in designing a computer processor for artificial intelligence, according to recent job postings. In late March, Microsoft published at least three job openings within its Azure public cloud division, looking for candidates to work on features for an AI chip. The following month the team listed an opening for a […]
Read moreChief Brand Officer Bozoma Saint John, charged with helping repair Uber morale, has stepped down from the company about one year after joining Uber from Apple. She will become chief marketing officer at Endeavor, the holding company that includes marketing companies, media companies and talent agencies, including WME, a talent agency run by Ari Emanuel, […]
Read moreCisco shares will thrive due to its pivot to a more recurring revenue business model, according to one top Wall Street firm. J.P. Morgan reiterated its overweight rating for Cisco’s stock, predicting the company’s recently announced mandatory subscription offering for networking switches will boost its profits. The firm has a “favorable outlook for Cisco’s positioning […]
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