In early Friday trade, shares of troubled commodity trader Noble Group retraced some of their more than 36 percent surge in the previous session. The stock was down 4.69 percent at 61 Singapore cents ($0.44) at 9:27 a.m. HK/SIN, after climbing 36.17 percent, or 17 Singapore cents, to close at S$0.64 on Thursday amid a […]
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US concerned Arab dispute with Qatar may intensify, State Department says
The United States is increasingly concerned that a dispute between Qatar and other Arab states is at an impasse and could drag on for a long time or intensify, the U.S. State Department said on Thursday. Underscoring U.S. concerns about a crisis involving key allies in the Middle East, Defense Secretary Jim Mattis discussed the […]
Read moreSamsung Electronics on Friday said it was expecting an operating profit of 14 trillion Korean won ($12.1 billion) for the quarter hat ended in June, a 72 percent on-year jump that beat analysts predictions. Reuters reported the average forecast for the smartphone and chip-maker’s second-quarter profit among analysts was 13.1 trillion won. The South Korean […]
Read moreIt is easy to overlook less recognizable stocks in favor of red-hot technology names, so Jim Cramer highlighted one under-the-radar powerhouse worth noting: the stock of Avery Dennison. “It’s a stand-in for all those other little-known companies with stocks that have become seemingly unstoppable in recent months,” the “Mad Money” host said. You may not […]
Read moreWhen Blue Apron filed for an initial public offering, market watchers including Jim Cramer thought the increasingly popular, tech-oriented meal kit service would blow investors away. “That’s why the Blue Apron IPO was one of the most eagerly anticipated deals of the year. It seemed like investors were practically salivating for this one,” the “Mad […]
Read moreOn a relatively tame day in the stock market that can be easily dismissed, Jim Cramer wanted to give his reasons for why investors should never lose sight of their underlying concerns. So the “Mad Money” host shared his list of six concerns that, if realized, could have sway over the market’s movements in major, […]
Read moreChipmaker Qualcomm is asking U.S. trade regulators to ban iPhone imports, according to a new lawsuit. Apple has allegedly infringed on six of Qualcomm’s patents that improve iPhone battery life, according to Qualcomm. Now Qualcomm wants Apple to pay damages. “Apple continues to use Qualcomm’s technology while refusing to pay for it,” Don Rosenberg, executive […]
Read moreEven some of the tech industry’s most prominent critics of President Donald Trump are opening their checkbooks and donating to Republican lawmakers, as Silicon Valley sets its sights on the 2018 midterm election. With the entire House on next year’s ballot — and about one-third of the U.S. Senate up for a vote, too — […]
Read moreAn employee of German security firm Kromtech uncovered an unprotected WWE database containing more than 3 million users’ personal information, according to a report published Thursday by Forbes. The data was stored on an Amazon server without any username or password protection, Forbes reported, and was accessible to anyone who knew which web address to […]
Read moreNearly a month ago, Mike Roberts gave internet viewers of his Twitch channel total control over a $50,000 stock portfolio he funded. Twitch is a live streaming video platform primarily used to stream video game play. It was acquired by Amazon for $970 million in 2014. The engineer, who works for Amazon, named his trading […]
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