Blue Apro stock surged 21 percent Monday, after Barclays said the company could be reaching a “stabilization point” given its disappointing performance since its last earnings report. Shares of the company had fallen roughly 15 percent since its November earnings call, and they may have finally bottomed, according to analyst Ross Sandler, who upgraded the […]
Read moreChina is outpacing the U.S. and other countries in a global race to secure supplies of an all-important element for electric cars. China has emerged as the leading market player for electric and hybrid cars, accounting for approximately half of global sales. And with the world’s second-largest economy keen to develop the industry within its […]
Read moreCboe Global Markets announced Monday it is launching bitcoin futures trading beginning Sunday, Dec. 10. In a race to launch bitcoin derivatives by the major exchanges, CME announced Friday it would launch bitcoin futures Dec. 18. This is a breaking news story. Please check back for updates. Source: Tech CNBC Cboe announces it will launch […]
Read moreThe radio station of Yemen’s Houthi-run interior ministry said on Monday the militia’s former war ally turned adversary, ex-president Ali Abdullah Saleh, had been killed as fighting racked the capital Sanaa though there was no independent confirmation. Unverified footage circulated by Yemeni social media users appeared to a show corpse resembling Saleh. Armed militiamen unfurled […]
Read moreCheck out which companies are making headlines before the bell: CVS Health — The health-care company agreed to buy insurance company Aetna for around $69 billion in cash and stock, or $207 per share. The deal is expected to close in the second half of 2018. Aetna shares rose 3.5 percent in the premarket. Walt […]
Read moreInvestors should buy shares of United Parcel Service as more people turn toward e-commerce for consumer products and general retail, according to Deutsche Bank. Given the ongoing trend to online shopping, UPS stock is a buying opportunity for those on Wall Street looking for a cheaper option, according to analyst Amit Mehrotra, who upgraded shares […]
Read moreFacebook is to create 800 new U.K. jobs next year within its new London office. The move will take the social media giant’s total employee presence in Britain to 2,300. The London office will be Facebook’s largest engineering hub outside the U.S. Nicola Mendelsohn, Facebook’s Europe, Middle East and Asia vice-president, praised the U.K. as […]
Read moreChipmaker Broadcom took its first formal step toward a hostile bid to take over Qualcomm on Monday, unveiling a list of 11 nominees to the board of the U.S. semiconductor firm. The nine men and two women included a former president of the mobile networks business group of Nokia and the former director and chairman […]
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Shares of Amazon have been under pressure, and the charts are pointing to more downside, according to one technical strategist. The stock posted its first negative week after five-straight weeks of gains, its longest winning streak since March. Despite the impressive streak, Amazon is showing signs of short-term exhaustion around Black Friday, and a further […]
Read moreA digital currency has added more than $3 billion to its market value after the firm behind it said it was teaming up with a number of big tech firms, including Microsoft and Samsung on a “data marketplace.” Called IOTA, the cryptocurrency saw a spike on Sunday evening, rallying just over 70 percent in the […]
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