Month: August 2018

So let’s see whether we can come back with a winning strategy. What would that look like? First, let’s repeat, at the highest level of state, to our Chinese, Japanese and German friends what they already know. If they want unhindered access to keep selling in U.S. markets, they have to step up purchases of
0 Comments
“We get to play in a business — home beverages — where we don’t play,” PepsiCo CFO Hugh Johnston told CNBC. With this move, PepsiCo is doubling down on its drinks business, which has struggled in North America as consumers move away from sugary, carbonated beverages. It also seemingly addresses the challenge that buying new
0 Comments
Ricky Carioti | The Washington Post | Getty Images Ankit Mittal, of Ellicott City, Md., tosses a bean bag as his friend Shean Flynn, of Newport News, Va., waves his Terrible Towel as the two were playing Corn Hole while enjoying tailgating before the game between the Pittsburgh Steelers and Washington Redskins at FedEx Field
0 Comments
The bad news is that many investors don’t realize how much they’re paying in fund fees in the first place or how much these expenses and other investment costs are eating into their retirement savings. Just as you are focused on the compound growth that you’re getting from your investment returns year after year, the
0 Comments
“With each successive design iteration, you can add more things, you can figure out better ways to produce it, so it gets better and cheaper,” Musk said. With “natural progression of any new technology, it takes multiple versions and large volume to make it more affordable.” Currently one of the top trade-ins for a Tesla
0 Comments
DoorDash, the food delivery business, has raised $250 million and notched a $4 billion valuation. Its latest round — announced Thursday and led by tech investment firms Coatue Management and DST Global — came five months after the San Francisco-based start-up raised $535 million in a round led by SoftBank Vision Fund. The company competes
0 Comments
Yet such has been the concern about the super-rich in general that arguably rather less attention is paid to their changing composition, notably the shift to the world’s rising eastern giants. The US still boasts more “three-comma club” members than any other country, but the Asia-Pacific region now easily surpasses North America and Europe. China
0 Comments
With all the concern over cybersecurity heading into the midterm elections, it’s actually quite difficult for outsiders to directly manipulate votes. Unlike corporate networks and email systems, voting machines aren’t connected to the internet, making them hard to access. So as government officials prepare for the hotly contested congressional elections in November, their focus is
0 Comments
The “Fast Money” traders shared their first moves for the market open. Brian Kelly was a buyer of the iShares 20+ Year Treasury Bond Karen Finerman was a buyer of Macy’s David Seaburg was a buyer of Nvidia Dan Nathan was a buyer of Cisco Trader disclosure: On August 16, 2018 the following stocks and
0 Comments
Bank of America Merrill Lynch reiterated its buy rating on Nvidia’s stock, expressing confidence in the company’s product pipeline. “While the [guidance] headline miss is likely to pressure the stock [near-term], we reiterate Buy since we believe Q3 contains very limited benefits from NVDA’s next gen Turing architecture, which is likely to show up starting
0 Comments
Check out the companies making headlines before the bell: Deere – Deere reported adjusted fiscal third quarter profit of $2.59 per share, compared to the consensus estimate of $2.78. Revenue did beat forecasts, but Deere said it continues to face cost pressures for raw materials and freight. Tesla — CEO Elon Musk’s going-private proposal could
0 Comments