A slew of AI weed killers are on the horizon and have the potential to disrupt the multibillion dollar pesticides business. Among them is Swiss-company ecoRobotix and its weed-killing robot. It’s solar-powered and can kill weeds for 12 hours straight without an operator at the helm. Through artificial intelligence, cameras and two robotic arms, the […]
Read moreFor the first time ever, investors are waiting for a public company to achieve a market value of $1 trillion — about the gross domestic product of Indonesia. And the winner could come from among the stocks CNBC’s Jim Cramer first dubbed the FANGs — Facebook, Amazon, Netflix and Google, now known by its parent […]
Read moreTesla shareholders are gearing up to swipe left or right, depending on whether they want Elon Musk to keep both his titles as chairman and chief executive. A New York startup company aiming to make voting easier for regular shareholders who don’t know the nitty gritty details of proxy ballots and shareholder meetings is using […]
Read moreMicrosoft on Monday announced plans to acquire software developer platform GitHub in a deal valued at $7.5 billion. GitHub was valued at $2 billion in its last funding round in 2015, though it has yet to turn a profit. Microsoft has seen its once-dominant Windows unit slip in market share in recent years, spurring a […]
Read moreA stocks portfolio made up of hedge funds’ favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling for gains. The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has gained just over 2 […]
Read moreIt’s time for investors to go long shares of Macy’s, according to Evercore ISI, as classic brands and retailers finally innovate their way into the digital era. Analyst Omar Saad, who “double-upgraded” his rating on shares of the iconic department store to “long” from “short” over the weekend, said that Wall Street’s fear about a […]
Read moreCheck out the companies making headlines before the bell: Microsoft – The tech giant has held talks recently with GitHub to discuss acquiring the software developer platform. GitHub was last valued at $2 billion in its last funding round 2015, but the price tag for an acquisition could be $5 billion or more, based on […]
Read more
The S&P 500 has been stuck in neutral since mid-May, squeezed between a rocket-propelled U.S. economy and fears over the stability of the European Union and a Trump trade war. One chart watcher says this stock market is still a good place for bulls despite the geopolitical risk. “I think that there is a lot […]
Read moreTesla Chief Executive Elon Musk faces votes at Tuesday’s shareholder meeting that will challenge his grip on the electric carmaker, but he may be able to count on some powerful friends: big fund managers likely to be fans. These stockpickers would have weighed Musk’s forceful public persona in their decisions to buy and hold Tesla […]
Read moreJordanian Prime Minister Hani Mulki resigned from his government position Monday in the wake of several days of mass protests in the capital Amman — the country’s largest demonstrations in more than five years. The resignation, reported by Reuters quoting an official source, was said to have been brokered during a meeting with the country’s […]
Read more