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Monthly Archives: July 2017

I did not collude with Russia, my actions were ‘proper’

Joshua Roberts | Reuters White House Senior Adviser Jared Kushner speaks to members of the White House press following his appearance before a closed session of the Senate Intelligence Committee as part of their probe into Russian meddling in the 2016 U.S. presidential election in Washington, U.S. July 24, 2017. …

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Here are Credit Suisse’s top video game stock ideas into earnings

Getty Images A drumline performs before the Electronic Arts EA Play event at the Hollywood Palladium on June 10, 2017 in Los Angeles, California. Video game stocks have crushed the market this year and a top Wall Street firm predicts the sector’s strong performance will continue. Credit Suisse shared its …

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Hat. Rabbit. Spy Cam? Claims of Skulduggery at a Hot Magic Show

That man was David Meade, a mentalist based in Northern Ireland with a thriving corporate speaking career and several BBC specials under his belt. After the show, the house manager asked to inspect his iPhone and found no recordings. But word of the incident — which was captured on a …

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How George Clooney accidentally started a billion-dollar tequila company

Source: Casamigos Tequila The Casamigos co-founders (from left to right): Michael Meldman, George Clooney, and Rande Gerber. After months of back-and-forth with the distiller, and tasting and developing their tequila, the duo found the perfect product, Gerber recalls: “George opened the sample, poured one for me, poured one for him, …

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Microsoft creating AI chip for HoloLens

Amit Madheshiya | Bloomberg | Getty Images Satya Nadella, chief executive officer of Microsoft Microsoft on Sunday disclosed that it’s working on a new coprocessor for its next HoloLens augmented-reality headset that will be dedicated to handling artificial-intelligence workloads. The idea is that with this new chip inside the main …

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Xerox shares jump after analyst bear throws in the towel

James Leynse | Corbis | Getty Images Xerox’s iGen assembly plant in Webster, NY. Barclays upgraded its rating on Xerox from underweight to neutral on Monday. “We are shedding our long-held concerns over the printing market’s health and also risk of incremental competitive intensity,” wrote Barclays analyst Mark Moskowitz. “In …

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Any way you look at it, this stock market is overvalued: Goldman

Goldman Sachs warned on Monday that the stock market has an “elevated valuation on almost every metric.” A report written by a team led by chief equity strategist David Kostin stated: “The forward P/E multiple of the S&P 500 has risen by 80% since 2011 (to 18x) and now trades …

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Wisconsin company to install rice-sized microchips in employees

Adam Berry | AFP | Getty Images Patrick Kramer of the company Digiwell shows his microchip implant to a visitor at a press preview of the Wear-it festival in Berlin on June 8, 2017. “We foresee the use of RFID technology to drive everything from making purchases in our office …

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Investors have dumped the majority of ‘Trump trades’

The ‘Trump trade,’ which propelled stocks to record highs after President Donald Trump’s victory, has been flipped upside down. Jack Ablin, chief investment officer at BMO Private Bank, said in a note Monday that “skeptical investors have reversed between 50-75% of their Trump trades, according to our calculations.” Stocks surged …

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EU divided on how to answer Congress’ sanctions bill against Russia

John MacDougall | AFP | Getty Images resident Donald Trump (R), French President Emmanuel Macron (L) and German Chancellor Angela Merkel (C) chat at the start of the first working session of the G20 meeting in Hamburg, northern Germany, on July 7, 2017. European Commission preparations to retaliate against proposed …

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