Asian stocks were set to ease on Wednesday, after markets stateside closed in negative territory in a holiday-shortened session while trade jitters continued to simmer ahead of a deadline when tariffs are due to take effect. Japanese markets were poised to slip when markets opened for trade, with Nikkei futures traded in Chicago lower by […]
Read moreLyft on Monday announced it’s buying the bike-sharing firm behind New York Citi Bikes and San Francisco’s GoBikes for a reported $250 million. But it happened after Uber passed on the deal, according to a person familiar with the matter. Uber had previously looked at Motivate to expand its burgeoning bike offerings but walked away […]
Read moreAs soon as the warm weather rolls around, there’s an unofficial contest to become the song that gets everyone pumped, then stuck in everyone’s head, and eventually overplayed by your mother. Tracks that get the distinction of being the “Song of the Summer” also get the glory of being the soundtrack to those unforgettable moments…at […]
Read moreMicron shares fell as much as 8 percent during regular trading on Tuesday after Taiwanese rival United Microelectronic Corporation (UMC) released a statement claiming a Chinese court had temporarily banned sales of Micron chips in China. Micron closed down 5.5 percent on the day. Micron said it has not been served with an injunction, and […]
Read moreJobs in the tech sector often offer lucrative salaries, especially for executive positions. But just how much you can make depends a lot on where you work. A new study from job comparison site Comparably titled “What the C-Suite Earns: A Look at Executive Pay in Tech,” analyzed salary data for nearly 7,000 top tech […]
Read moreAs it pushed to hit its electric vehicle production targets for the quarter, Tesla decided to skip “brake-and-roll” testing for its Model 3 sedans in its Fremont factory. The news was first reported by Business Insider. The company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week after several […]
Read morePatrick Kaser, managing director and portfolio manager at Brandywine Global, believes free cash flow is a key determining factor in whether or not a company will be a lucrative investment. Earnings, however, are not always indicative of a successful company. “There are many ways to manipulate earnings, earnings per share, GAAP, non-GAAP, but there’s very […]
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As America gets set to celebrate its 242nd birthday with multi-colored fireworks bursting in air, the suppliers of those pyrotechnics are starting to worry about whether they’ll get stuck in the middle of a trade war. So far, the Trump administration has not included the $1.24 billion fireworks industry on its list of China tariff […]
Read moreSAN FRANCISCO — Get in the car, kids. It’s time to see the Fourth of July drone show. Towns in California, Colorado and Arizona — facing another season of drought and wildfire — are turning to drone shows as a less dangerous alternative to organized fireworks, encouraged by the development of jaw-dropping, choreographed shows like […]
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As the rest of the stock market has struggled on heightened trade rhetoric and many big technology companies have faced regulatory scrutiny over data privacy issues, one subsector of that industry has been on fire: cybersecurity. One of the cybersecurity industry’s most popular exchange-traded funds, the ETFMG Prime Cyber Security ETF (HACK), is up 18 […]
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