U.S. Defense Secretary General James Mattis said on Thursday that the country’s military is “ready” to counter the threat from North Korea. “My responsibility is to have military options if needed,” Mattis told a group of reporters in Mountain View, California, where he was visiting a new Department of Defense arm designed to speed the […]
Read moreNvidia is telling its investors that cryptocurrencies are no longer just a niche business. In the company’s earnings call on Thursday, Chief Financial Officer Colette Kress said that demand for cryptocurrencies like ethereum helped Nvidia beat its own guidance for the most recent quarter. Crypto is “a very important market that will likely continue to […]
Read moreSometimes, Jim Cramer finds companies that shed light on what consumers like to do and where they are really spending their money. That’s why the “Mad Money” host was so fascinated by Wednesday’s earnings report from Live Nation Entertainment, the Ticketmaster parent that produces live events like music festivals. “Of course, the stock gave up […]
Read moreGoogle CEO cancels all-hands meeting about fired engineer as employees worry about online harassment
Google‘s CEO Sundar Pichai has cancelled its much anticipated meeting to talk about gender issues today, after its employees expressed concern over online harassment they had begin to receive when their questions and names have been published outside the company on a variety of largely alt-right sites. Pichai was set to address the search giant’s […]
Read moreConcern over North Korea may be weighing on the stock market, but expert David Katz said it shouldn’t have a long-lasting effect. That’s because he believes that ultimately the situation will settle down, he said. “The last few days is just a reminder that stocks can have volatility, not an indication of a change in […]
Read moreSnap has not snapped back. The social media company reported worse-than-expected quarterly results on Thursday, with a loss that was steeper than expected and revenue that missed estimates, as it added fewer users than Wall Street anticipated. Snap added 7 million daily users during the second quarter — a slower rate than the 8 million […]
Read moreWith analysts and strategists concerned that the stock market is overvalued as the Dow plunged 200 points on Thursday, Jim Cramer had to step in and add his voice to the largely bearish mix. “Every few weeks some old-timer or hot hand comes on air and yells ‘fire’ in the theater,” the “Mad Money” host […]
Read moreIf Thursday’s 200-point drop in the Dow Jones industrial average wasn’t a sign, a 44 percent spike in the widely watched volatility index is a harbinger of more to come, according to Marko Kolanovic, JPMorgan’s high profile quant strategist. Last month, Kolanovic’s warning to clients to hedge against a stock market drop sent ripples through […]
Read moreA team of researchers say they have brought scientists one step closer to safely transplanting organs from pigs into humans. Researchers from a biotechnology startup eGenesis and several universities in China, Denmark and the United States, have used CRISP-Cas9 gene editing techniques to remove diseases that could be transmitted from pigs to humans during tissue […]
Read moreGraphics chipmaker Nvidia saw its stock fall more than 7 percent on Thursday after it reported stronger-than-expected earnings for the second quarter of its 2018 fiscal year, which ended on July 31. The company will discuss the earnings report with financial analysts on a conference call at 5 p.m. Eastern time. EPS: Excluding certain items, […]
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