Amazon is expanding its Whole Foods Market discounts for Prime customers to 10 new states including Arizona, Georgia and North Carolina, the company said Monday. The new perks are expected to bring the might of Amazon’s membership program to the grocery industry. Prime members shopping at Whole Foods locations simply open the grocery chain’s mobile […]
Read moreStocks aren’t tanking Monday because Wall Street believes President Donald Trump is “right” about trade, according to CNBC’s Jim Cramer. “I thought that [stock] futures would open down big,” Cramer said Monday on “Squawk on the Street.” “By not being down, the market is saying, ‘Trump’s right.’ It’s not saying [trade] doesn’t matter. It’s saying […]
Read moreTuesday’s summit in Singapore between President Donald Trump and North Korean leader Kim Jong Un should be a viewed as a positive development but is unlikely to be a “momentous event,” said Kirk Wagar, U.S. ambassador to Singapore under former President Barack Obama. “This is a very good thing,” Wagar told CNBC’s “Squawk Box” on […]
Read moreNot many experts would recommend packing investment accounts like 401(k) retirement plans with bitcoin. The digital currency is just too volatile. But there’s nothing wrong with setting a little aside — money you can afford to lose — for wild bets, like gambling a few bucks at a casino. Bitcoin certainly offers an adrenaline rush. […]
Read moreDisney’s offer to buy 21st Century Fox. CVS’s bid for Aetna. T-Mobile’s proposed merger with Sprint. The path for these blockbuster deals and others could be transformed in an instant on Tuesday, when a federal judge is expected to issue his opinion on the government’s effort to block AT&T’s merger with Time Warner. It is […]
Read moreBuy EA shares because its battle-royale mode in 'Battlefield' will fend off 'Fortnite,' analyst says
Electronic Arts will benefit from the battle-royale trend popularized by Epic Games’ “Fortnite,” according to one Wall Street firm. The game publisher announced Saturday it will add a battle-royale mode to its “Battlefield V” game. The title is slated for release on Oct. 19. Piper Jaffray reiterated its overweight rating for Electronic Arts shares, predicting […]
Read moreKim Jong Un‘s historic meeting with President Donald Trump will change the North Korean leader’s standing in the world, a specialist on U.S.-Korea relations said Monday. “This is essentially the normalization of Kim Jong Un and North Korea on the international stage,” Scott Snyder, director of the program on U.S.-Korea policy at the Council on […]
Read moreRolls-Royce shares fell Monday after it was found that a problem affecting its engines powering Boeing’s Dreamliner jets had been discovered in a different model. The U.K.-listed company had previously admitted that 400 to 500 of its Trent 1000 engines were affected by problems with blades wearing out earlier than expected. Also known as “Package […]
Read moreCheck out the companies making headlines before the bell: Rent-A-Center – Rent-A-Center said it has received an increased takeover offer from a company that was previously interested in buying the rent-to-own furniture retailer. That follows the company’s Sunday statement that it did not find a suitable buyer and that it had ended its review of […]
Read moreMonths after hitting record highs, the S&P 500 is still marooned below 2,800. To one self-described “unapologetically bullish” portfolio manager, the rally will pick up speed over the summer to surge through year’s end. “We think right now that there’s a wall of worry. That’s evident because everyone feels the need to apologize for being […]
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