CNBC’s Jim Cramer told investors to hang on to the stock market’s “benign” action on Friday ahead of another potentially raucous week of earnings. “You combine a good, not too hot, not too cold non-farm payroll number from the Labor Department that had little wage inflation, throw in some blockbuster earnings and voila, you get […]
Read moreAfter DuPont spun off paint manufacturer Axalta in 2012, the new stock initially spiked before spending a year trading sideways. This year, AkzoNobel expressed interest in buying Axalta, and Axalta’s stock surged. It’s no secret that CNBC’s Jim Cramer loves corporate breakups, but spinoffs, when a company separates from a smaller, undervalued segment, are slightly […]
Read moreWhen the stock market acts unexpectedly, CNBC’s Jim Cramer says you just have to roll with the punches, like investors did with the stocks of Activision Blizzard and Starbucks on Friday. Both companies reported their quarterly earnings after Thursday’s bell. Activision Blizzard, the video game giant behind “Call of Duty” and “Candy Crush,” beat analyst […]
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CNBC’s Jim Cramer told investors to hang on to the stock market’s “benign” action on Friday ahead of another potentially raucous week of earnings. “You combine a good, not too hot, not too cold non-farm payroll number from the Labor Department that had little wage inflation, throw in some blockbuster earnings and voila, you get […]
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Investors rushed to open new accounts for buying and selling bitcoin after news the world’s largest futures exchange plans to launch futures for the digital currency this year. About 100,000 new users joined Coinbase a day after the Tuesday announcement, according to public data compiled by Alistair Milne, co-founder and chief investment officer of Altana […]
Read moreUber isn’t about to be left behind in the race for artificial intelligence. The ride-hailing service has been staffing up in AI over the past year, thanks in large part to its December 2016 acquisition of Geometric Intelligence, a start-up incubated at New York University. The idea is to help the company do everything smarter […]
Read moreBroadcom is looking into a deal to acquire Qualcomm, according to a Bloomberg News report. Broadcom is talking with advisors about a potential deal, which could be the biggest ever takeover of a chipmaker, the report said, citing people familiar with the matter. A bid could be for around $70 a share, Bloomberg reported. Qualcomm’s […]
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LAST week brought some good news for those who are fans of both flying and country music. Warner Music Nashville, a record label, and Southwest Airlines announced that they will be bringing concerts to the skies. The scheme is an expansion of the airline’s existing “Live at 35” series, in which bands surprise passengers by […]
Read moreThe tweet that opened a story in the Washington Post on Feb. 11, 2016 seemed innocuous: It was an attempt to illustrate Syrian territory occupied by clashing government and ISIS forces. Problem is, the account behind that tweet — @WarfareWW — was one of 2,752 Twitter trolls identified this week as tied to the Russian […]
Read moreHere’s a round-up of the most important deals in venture capital from the past week. HelloFresh, the meal-kit delivery company, went public on the Frankfurt Stock Exchange on Wednesday. The company, which is majority-owned by Rocket Internet, priced its shares at 10.25 euros bringing its valuation to about 1.7 billion euros, or.more than double the […]
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