The ballistic missile launched by North Korea on Tuesday has the power to reach Washington, D.C. — and much of the rest of the United States, an expert said. In contrast, an earlier missile tested in late July by North Korea was believed to be capable of hitting a bit more than half of the […]
Read moreCNBC’s Jim Cramer was amazed that President Donald Trump’s tweet suggesting an imminent government shutdown and North Korea’s missile launch weren’t enough to send stocks down on Tuesday. “Oh, how the mighty haven’t fallen,” the “Mad Money” host said. “The market refuses to be brought down by news that would’ve crushed us at almost any […]
Read moreWayRay’s augmented reality driving system makes a car’s windshield look like a video game. The Swiss-based company that makes augmented reality for cars won the grand prize in a start-up competition at the Los Angeles Auto Show on Tuesday. WayRay makes a small device called Navion, which projects a virtual dashboard onto a driver’s windshield. […]
Read moreElectronic Arts’ shareholders are running for the hills this month and for good reason. The company’s profitable business model is now at risk after angry gamers revolted over its aggressive in-game moneymaking strategy in “Star Wars Battlefront II.” EA’s stock is down 8.5 percent month to date through Tuesday compared with the S&P 500’s 2 […]
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Google Finance got a complete redesign on Tuesday. The new version replaces an aging portal that looked outdated but still provided valuable information. The new Google Finance is smarter and takes advantage of your search history. For example, since Google knows what you’re looking up, it automatically pulls in ticker symbols for companies you’ve read […]
Read moreHome Depot’s latest bets are paying off — and a still-growing housing market doesn’t hurt either. Home Depot, better than its rival Lowe’s, will “disproportionately capitalise” on an attractive housing backdrop, Atlantic Equities analyst Sam Hudson wrote in a note to clients Tuesday. Hudson upgraded the stock to overweight, and raised its price target to […]
Read moreFor UnitedHealth Group the focus next year is more about getting ahead of potential competition from tech heavyweights such as Amazon and Apple than getting bogged down in the twists and turns of health reform in Washington. That was the underlying message from new CEO David Wichmann at the health-care company’s analyst day in New […]
Read moreFCC Chairman Ajit Pai thinks everyone from Cher to Twitter has it wrong when they say that his efforts to roll back the U.S. government’s existing net neutrality rules will spell the death of the web. Instead, Pai said during an event in Washington, D.C., on Tuesday that tech giants could pose the greatest threat […]
Read moreInvestors don’t appear to be concerned by the inability of Google and Facebook to keep illegal or unsavory content and ads off their services. Stock prices of both internet giants hit fresh intraday highs Tuesday, extending their 2017 bull runs. Google parent Alphabet shares touched $1,080 before falling back slightly, while Facebook traded as high […]
Read moreSportswear company Fanatics has carved out a lucrative slice of the $25 billion global sports licensing market. It has licensing rights with North America’s four major sports leagues (NFL, NBA, NHL, MLB), plus the PGA, Nascar and Major League Soccer. Their deals with the major leagues average around 15 years and they’ve take a fast […]
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