Microsoft said on Tuesday it had suspended patches to guard against Meltdown and Spectre security threats for computers running AMD chipsets after complaints by AMD customers that the software updates froze their machines. Microsoft said in a support blog that it was working with AMD to resolve the issues and would resume Windows operating system […]
Read moreCurrency, United States Finance
Goldman's oil analyst gives his tips on making money in a flat market
Oil traders are well-positioned to generate returns despite the likelihood of prices falling away from multi-year highs over the coming months, according to a senior analyst at Goldman Sachs. Oil prices rose to their highest level since mid-2015 on Tuesday, as political concerns among some OPEC nations offset projections for higher U.S. oil production. Alongside […]
Read moreWe all know why the stock market is at new highs: It’s a combination of the expanding global economy, record earnings and low rates. That’s the conventional narrative, and it certainly makes sense. But as earnings season begins in earnest on Friday, and with stocks at historic highs and interest in the markets increasing, many […]
Read moreHuawei confirmed Tuesday that it will not sell its flagship Mate 10 Pro smartphone in the U.S. via AT&T, but told CNBC that it would still release “new products” in America. In a statement to Reuters on Tuesday, Huawei said that the U.S. market presents “unique challenges” and that the Mate 10 Pro will not […]
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Volatility in the Treasury market has sunk to a multidecade low, and that could have sweeping implications for the bond market this year. Treasury volatility as measured by realized volatility in the U.S. 10-year Treasury note has fallen to a 52-year low, according to a new report from Bank of America Merrill Lynch. I believe […]
Read moreThe U.S. currency is set for another soft year despite a hawkish Federal Reserve that could hike interest rates up to four times in the next twelve months, a Goldman Sachs economist told CNBC Tuesday. “We still think the dollar is probably going to be relatively soggy, at least against the majors, probably against the […]
Read moreAlibaba Group Holding Ltd will “seriously consider” listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings. Ma made the comments at an event in the city on Monday in response to remarks made by Hong Kong Chief Executive Carrie […]
Read moreChinese ride-hailing giant Didi Chuxing will launch a bike-sharing service via its app, jumping into a highly-saturated market, the company announced Tuesday. Didi will integrate rival bike-sharing companies into its app, including Ofo, one of the largest in China. But the company, which bought out Uber’s business in China in 2016, said it would also […]
Read moreNorth Korea and South Korea appear to embracing talks aimed at reducing tensions between the two neighbors and nemeses, just days after North Korea’s leader threatened that he has a “nuclear button” ready on his desk. Rare talks to improve inter-Korean relations appeared to be going well Tuesday, with North Korea saying that it will […]
Read moreIntel went big on autonomous driving on Monday, showcasing its first self-driving test car and announcing a number of tie-ups with automakers to take the technology forward. The company introduced the first autonomous car in its 100-vehicle test fleet during CEO Brian Krzanich’s keynote address at the industry expo CES in Las Vegas. The car […]
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