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The biggest online platforms have unveiled their latest attempt to fight fake news.
Facebook (FB, Tech30), Google (GOOGL, Tech30) and Twitter (TWTR, Tech30) said Thursday they have committed to using new "trust indicators" to help users better vet the reliability of the publications and journal
At the end of last week, our Elite Opportunity Pronewsletter suggested that it might be time to go long on commodities:
What’s the takeaway here today? When you take a big step back and assess everything that has happened over the last several years, how on earth can we expect commodity prices to remain around recent historical lows forever? Although playing the commodity game has been....More>>>
For at least one Chinese company, the Trump family is good for business.
While President Donald Trump promises tough talking on trade when he meets his Chinese counterpart Xi Jinping this week, his daughter’s clothing brand continues to take advantage of the country’s low cost production.
“Ivanka is a very good client,” said Zhang Huarong, chairman of Huajian....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
I expect AT&T (NYSE: T) to perform in line with its peers. I believe there could be further upside from DTV synergies and the Mexican mobile investments as the company’s foray into major Latam markets presents a diversification away from the uncertainties of U.S. wireless competition. I have a $44 price estimate for AT&T, which is about 15% ahead of the current market price.
We live in an age of unicorns. More specifically, tech unicorns. And they all share a few common traits – stellar growth, astronomical valuations and most often, heavy losses. Snapchat is one such unicorn which matches at least two, if notall of the above criteria. Snapchat’s rise in a crowded space became even more interesting after the ephemeral-messaging platform audaciously declined....More>>>
American Express is joining the movement for expandedparental leave, and it’s doing so in a big way.
The credit card giant announced on Monday that it would be widening its parental leave program to now offer paid maternal or paternal leave for up to 20 weeks. Mothers who give birth and need additional medical leave will also be able to take another six to eight weeks before returning....More>>>
Jeff Bezos donned a robot suit over the weekend, and he looked pretty happy about it.
The Amazon (AMZN, Tech30) CEO tweeted a photo of himself testing out a giant mechanical robot suit at the company’s exclusive MARS conference late Sunday night. The conference focuses on machine-learning, home automation, robotics and space.
“Why do I feel so much like Sigourney Weaver?”....More>>>
The Detroit audience for the Republican debate got noisy. Young women were dabbing behind the moderators. Protesters were hollering at Donald Trump from the cheap seats. Three people were removed from the theater by police.
The crowd for Thursday night’s GOP debate was so rowdy so loud and sometimes even disruptive that it has people asking whether debates should have audiences....More>>>
(Photo credit should read MANJUNATH KIRAN/AFP/Getty Images)
Bitcoin has left gold in the dust in recent months.
The Bitcoin Investment Trust Shares have almost tripled in value in the last twelve months, gaining more than 30 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three....More>>>
The US dollar is bid against all the major and most emerging market currencies. An important driver is the backing up of US rates. The two-year yield, which is particularly sensitive to Fed policy is at its highest level since early June (~86 bp). The US 10-year yield is five basis points higher today at 1.77%, which is the highest in four months.
EFX,FEYE,GOOG,GOOGL,PANW,Symantec: A plan coming together (or a bunch of smoke and mirrors?),
Symantec (SYMC) reported the results of its Q2 a few days ago. The results were a small miss on EPS with in-line revenues. Managements forecast for its fiscal Q3 was for revenues and EPS below the prior consensus and for a short fall on both the earnings and revenue line for the year as a whole.
The last time we saw today's setup, one group of stocks more than doubled in four years and left U.S. stocks in the dust... It has nothing to do with China. And it might surprise you... European stocks are now dirt-cheap compared with their U.S. counterparts. Based on histo