From a New York Times article early this year Donald Trump said he would be in favor of a 45% tariff on Chinese exports to the United States. This is one of the reasons that Apple’s shares dropped over $12 from the day after he won the Presidential election to two days ago but have since rebounded by $4 to $110. There have been a number of articles written about why tariffs would have bad....More>>>
If data is the new oil, then semiconductors are the new rigs. Back in 2000s, millions of us were users of Yahoo (NASDAQ:YHOO), and in 2017, billions of us are using Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Facebook (NASDAQ:FB). What would trillions of devices use in 2035 is anybody’s guess. But one thing is certain that whatever data those devices consume,....More>>>
Berkshire Hathaway CEO Warren Buffett (Trades, Portfolio) extolled many of his portfolio holdings for repurchasing their shares, “some quite aggressively,” in his 2016 annual letter. Buffett, who is price-conscious and won’t repurchase his own companies’ shares at more than 1.2 times book value, a statement he last made good on in 2012, approved of his investees’....More>>>
Donald Trump’s election has proved a boon for shareholders of Sprint (S) , on the premise that a Republican administration would be open to a merger of the carrier to T-Mobile USA (TMUS) . Regulators under Obama had pushed back against Sprint Chairman Masayoshi Son’s goal of combining the U.S.’s third- and fourth-largest carriers.
While Sprint dropped nearly 1.9% to $7.35....More>>>
Japan’s gaming market is finally opening up to gaming companies, opening the kind of growth opportunity the industry hasn’t seen in nearly a decade. But until rules and concessions are ironed out, there are more questions than answers for how gaming in Japan will impact companies or stocks in the industry. But companies are already jockeying for position given what could be....More>>>
Deutsche Bank’s Gregg Gilbert argues that shares of Endo International (ENDP) are “undervalued” despite “concerns aplenty.” He explains why:
Endo shares have been under significant pressure this year for a variety of reasons, including but not necessarily limited to soft generic trends in 4Q15/1Q16, earlier-than-expected generic competition to Voltaren Gel, product....More>>>
The stock market lost ground on Monday, sending major market benchmarks lower by more than half a percentage point. The Dow lost its grip on the 20,000 mark in the wake of concerns about economic growth and new U.S. immigration policy, and some believe that the broader geopolitical climate could have a negative impact on global commerce that in turn could start affecting multinational corporations’....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins