One of Wall Street’s most bullish firms is back at the drawing board—in the process of revising its price target on the S&P 500 Index. However, it’s taking a lot longer than expected. Back on June 26 on “Trading Nation,” Oppenheimer Asset Management’s John Stoltzfus said to expect a new price target within the “next […]
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On July 20, Chester Bennington, the 41-year-old lead singer of the group Linkin Park, took his own life. The next day, streaming services experienced a 7,000 percent surge in the group’s music plays, according to Variety. Given the power of music streaming — which now counts toward RIAA certification and is as nearly as valuable […]
Read moreChina appears to have received help on Saturday from an unlikely source in its fight against tools that help users evade its Great Firewall of internet censorship: Apple. Software made by foreign companies to help users skirt the country’s system of internet filters has vanished from Apple’s app store on the mainland. One company, ExpressVPN, […]
Read moreSprint is seeking to merge with Charter Communications to create a media and communications behemoth, according to a report from The Wall Street Journal, citing people familiar with the situation. Sprint is looking to offer bundle deals to customers with cellular-phone service, TV, landline and broadband internet service, the Journal said. The proposed combination of […]
Read moreThe LiveaMoment app claims to do what world leaders have never been able to accomplish: create peace on Earth. “I know, that’s really an app?” LiveaMoment founder Deborah Greene said cheekily. “I get it.” It may seem far-fetched technology can solve years of conflict, but Greene’s theory is rooted in her “3 ft of Peace” […]
Read moreVenture capitalists have historically avoided investing in aerospace start-ups. That’s because developing space technologies like rockets or satellites costs a great deal, and it can take a long time to reel in customers, especially if a start-up is seeking government contracts. That’s where space angel Ellen Chang comes in. The veteran aerospace engineer created LightSpeed […]
Read morePakistan’s ruling PML-N party will appoint Shahid Khaqan Abbasi as the interim prime minister to replace ousted leader Nawaz Sharif, two sources close to Sharif said on Saturday, with Sharif’s brother Shahbaz chosen as the long-term successor. A senior PML-N official close to Sharif said Abbasi, 58, will be announced as the interim leader “in […]
Read moreCurrency, United States Finance
Hamburg knife attacker, who killed 1 and injured 6, was known to authorities as Islamist, minister says
The 26-year-old migrant who killed one person and injured six others in a knife attack in a Hamburg supermarket on Friday was known to German security forces as an Islamist, the city-state’s interior minister said. Andy Grote told a news conference on Saturday that an initial investigation found that the man, an asylum seeker who […]
Read moreTesla’s Model 3 is perhaps the most desired electric vehicle in history, with a waiting list that stretches more than a year. But competition could start to heat up relatively soon, according to one analyst. For now, Tesla seems to be in a class of its own, and seems to enjoy a considerable lead over […]
Read moreWith the kind of prime time theatrics Elon Musk has become known for displaying as he has built Tesla, the company delivered its first Model 3 electric cars in front of thousands of the company’s workers in Fremont, California. “This is a great day for Tesla,” said Musk before he turned over the first 30 […]
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