The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
Another fatal crash involving a Tesla Inc. electric car is under scrutiny following Chief Executive Officer Elon Musk’s latest lashing-out over media coverage of his electric-car maker.
Police in southern Switzerland are investigating the death of a German man whose Tesla crashed into a guardrail and burst into flames last week, the Associated Press reported Tuesday. Bloomberg News....More>>>
Related GOOGL Battery Capacity Over The Years: How Will Goodenough's New Invention Stack Up? Amazon May Be Unable To Achieve The Same Dominance In Cloud It Enjoys In Retail As Easy As ABC – Alphabet Is A Buy! (Seeking Alpha)
Donald Trump has had a fraught relationship with Silicon Valley – plenty of tech’s heaviest hitters voted the other way in the November election. But each side needs the other; Trump needs those companies at work in the economy, and he needs them to repatriate the multibillion-dollar cash hoard they have parked offshore.
On the other hand, Silicon Valley needs a deep pool....More>>>
Since Comcast Corporation (NASDAQ:CMCSA) stomped on the Walt Disney Co (NYSE:DIS) bid for Twenty-First Century Fox Inc’s (NASDAQ:FOXA) assets in late February, bidding $31 billion for Sky PLC (ADR) (OTCMKTS:SKYAY), shares in both bidders have fallen.
But Comcast has fallen harder and faster, now down nearly 15%. This has taken its market cap down to $156.8 billion,....More>>>
EQT Midstream Partners (NYSE:EQM) had its target price trimmed by Wells Fargo from $79.00 to $69.00 in a research report report published on Monday morning. The firm currently has an outperform rating on the pipeline company’s stock.
Several other research firms have also recently weighed in on EQM. Credit Suisse Group initiated coverage on shares of EQT Midstream Partners in a report....More>>>
Memphis, TN, based Investment company Pope Asset Management, Llc buys Sparebanken Vest AS, sells Kingboard Copper Foil Holdings, China Pharma Holding Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Pope Asset Management, Llc. As of 2017-06-30, Pope Asset Management, Llc owns 24 stocks with a total value of $113 million. These are the details....More>>>
To an investor not looking for any nuanced clues, comments made by Nvidia Corporation (NASDAQ:NVDA) CFO Colette Kress at this week’s technology conference hosted by Goldman Sachs would have been easy to look past. Current and would-be owners of NVDA stock understand that such events are more for the purpose of public relations and less about a tech-centric pow-wow.
May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.