.Markets in Asia were poised for gains on Tuesday, taking cues from the rally in U.S. stocks as investors temporarily set aside recent trade-related concerns. Nikkei futures traded in Chicago were up 0.78 percent compared to the index’s Monday close. Australian SPI futures, meanwhile, were 0.43 percent higher at the end of the previous session. […]
Read moreIt’s time for investors to reconsider the stock of toymaker Hasbro after retailer Toys R Us closed the last of its U.S. stores, CNBC’s Jim Cramer said on Monday. “You might want to use any additional Toys R Us-related doom and gloom to scale into Hasbro on weakness, because long term, you may end up […]
Read moreAt a bachelor party two years ago in South Lake Tahoe, California, a tech worker who we’ll call Owen glanced down at his Fitbit in between snorting lines of cocaine. He noticed his heart rake had spiked to 150, an abnormally high level considering he’d been sitting for hours. “My heart rate only gets to […]
Read moreYouTube will start adding previews and links to news articles in order to combat fake news around events, and will enlist popular stars on the platform to teach kids about how to discern real news from falsehoods. In addition to linking to articles for breaking news in search results, it will also start adding text […]
Read moreChinese smart phone maker Xiaomi stumbled 6 percent on its debut on the Hong Kong Stock Exchange on Monday, but early investor Hans Tung says the company’s performance is more reflective of investor confusion than the strength of the stock. The performance was “probably a combination of both market conditions in the U.S. and China, […]
Read moreDemand for batteries in everything from smartphones to electric cars has driven up the price of the once obscure element cobalt, fueling fears of a shortage. Prices for the metal, which is essential in making lithium-ion batteries, more than doubled in 2017 over the previous year, according to the United States Geological Survey. Researchers haven’t […]
Read moreFinancial markets believe Europe will eventually “accommodate” President Donald Trump on trade, Wall Street’s Art Cashin told CNBC on Monday. “Even if it’s only to a slight degree, the president will step back and claim victory,” said Cashin, director of floor operations for UBS at the New York Stock Exchange. Trump is threatening tariffs on […]
Read moreSpeaking from a blockchain conference in Morocco over the weekend, Google co-founder Sergey Brin said the internet giant missed its chance to be at the forefront of blockchain technology. Brin, who currently serves as president of Google parent company Alphabet, joined blockchain technology leaders and researchers on a panel at Richard Branson’s exclusive Blockchain Summit. […]
Read moreUber is partnering with electric scooter startup Lime, the companies said Monday. It’s the second scooter tie-up for Uber, which aims to be the leading one-stop-shop for transportation. The ride-hailing firm in April bought Jump Bikes, which also offers scooter rentals. Uber will make Lime rentals available in the app and add its logo to […]
Read more
With the S&P 500 not far from the firm’s 2018 year-end target, Goldman Sachs says there is still an investment strategy that can outperform. The firm recommended companies with high and stable profit margins. That’s because despite the one-time boost to profit from the corporate tax cut, companies face a number of challenges to maintaining […]
Read more