Russian President Vladimir Putin said in a press conference Monday he may give U.S. officials access to the 12 alleged Russian intelligence agents and computer criminals named in a Department of Justice indictment Friday. Speaking through a translator, President Putin said the 12 accused men could be questioned by Russian officials, and he would allow […]
Read moreAmazon suffered glitches in the opening minutes of Prime Day on Monday, slowing sales on the e-retailer’s biggest shopping day of the year. Amazon’s annual shopping holiday kicked off at 3 pm E.T. and runs for 36 hours, the longest Prime Day yet. Shoppers reported several errors — on both the desktop site and the […]
Read moreJeff Bezos keeps shattering wealth records – first the richest man in the world. Then the richest man of our time. And now, the richest man in recent history – adjusted for inflation. According to the Bloomberg Billionaires Index, Bezos’ fortune just crossed the $150 billion mark. That’s $55 billion richer than Bill Gates, at […]
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Goldman Sachs is worried about rising commodity prices and higher wages, but the firm believes there is still an investment strategy that can outperform. The firm recommended companies with high profit margins and return on assets. That’s because despite the one-time boost to profit from the corporate tax cut, companies face a number of challenges […]
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Netflix is scheduled to report earnings after the bell on Monday, but as much as the stock has surged this year, technician Craig Johnson of Piper Jaffray is warning investors against the streaming giant ahead of the event. “There’s a 9 percent implied volatility move coming into the quarter here,” he said Friday on the […]
Read moreMetals manufacturer Arconic shares spiked on Monday after a report released from the Wall Street Journal said the company was drawing interest from private equity firms. Shares were up as much as 11 percent Monday, making it the biggest gainer in the Standard & Poor’s 500 index. According to a report from the Wall Street […]
Read moreThe 12 Russian operatives indicted by the Justice Department waged a campaign of well-executed espionage and novel technical engineering, coupled with rudimentary computer attacks. That last part is key. Their tools may have been top-notch and their manipulation may have been slick, but the mode of entry was old-school and beatable, according to experts. According […]
Read moreAMD’s new chips will boost the company’s profit margin in its third quarter, according to Stifel. The firm raised its price target for AMD’s stock to $21 from $17 and reiterated its buy rating for the company’s shares. The new price target is 29 percent higher than Friday’s closing price. On Thursday IDC said preliminary […]
Read moreIt may be a bumpy road for Netflix as the streaming giant prepares to report its latest quarterly earnings. Netflix is scheduled to report its Q2 earnings after the bell on Monday. It is expected to post earnings per share of 0.79 cents and revenue of $3.94 billion, per a Thompson Reuters consensus estimate. The […]
Read moreIt’s the moment we’ve all been waiting for. Today, the longest ever Amazon Prime Day begins. From Monday, July 16 through Tuesday, July 17, deals will be widespread across the site. But while deal days are an opportunity for consumers to snag items at low prices, they can also be a trigger for over-shopping. Since […]
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