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Monthly Archives: September 2018

Cisco looks primed for a buy, with Amazon, Apple surging: Technician

The Nasdaq is poised to start September on a high, after its best monthly performance since the peak of the 2000 dot-com bubble. Big surges in tech names including Apple, Amazon, Cisco, and Nvidia propelled the index higher to hit records three times in the final week of the month. …

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Central bank vows to step in to contain inflation

Bloomberg | Bloomberg | Getty Images Yellow cabs sit at a taxi rank near buildings decorated with Turkish national flags in Istanbul, Turkey, on Tuesday, July 19, 2016.  Turkey’s central bank has promised to review monetary policy later this month, after data showed inflation had surged to its highest level …

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Microsoft-owned Skype redesign ditches Snapchat-like ‘Highlights’

Skype  Skype’s redesigned desktop app moves the “chats,” “calls,” “contacts” and “notifications” buttons to the top left corner. A Skype redesign in June last year — when the “Highlights” feature was introduced — was mostly unpopular with users. Skype said that most people use the platform purely for calls, video …

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Samsung switches mid-tier smartphone strategy to boost growth

Jeenah Moon | Bloomberg | Getty Images DJ Koh, president of mobile communications at Samsung Electronics Co., speaks during the Samsung Unpacked product launch event in New York, U.S., on Thursday, Aug. 9, 2018. Samsung Electronics unveiled the Galaxy Note 9 in New York Thursday, banking on the larger-screen device to …

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WPP names Mark Read as new CEO

Aidan Crawley | Bloomberg | Getty Images Mark Read, head of WPP Digital, a unit of WPP Plc, speaks in Dublin, Ireland, Oct. 30, 2013.  WPP named insider Mark Read as its new chief executive on Monday tasked with replacing its founder Martin Sorrell and steering the world’s biggest advertising …

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JD.com founder Richard Liu arrested in Minnesota

Qilai Shen | Bloomberg | Getty Images A woman stands next to signage incorporating the logo of JD.com, and the company’s mascot ‘Joy,’ at the company’s headquarters in Beijing, China. BEIJING — The billionaire chief executive of one of China’s largest online retailers was arrested Friday in Minnesota on a …

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Chart suggests stocks face heightened risk of 10-20% correction 

The market may begin looking different after Labor Day. Even though stocks just completed a banner month, the Economic Cycle Research Institute’s Lakshman Achuthan is waving a warning flag. Achuthan believes there’s a heightened risk of a sell-off that could wipe out the recent all-time highs. He used a special …

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Google CEO Sundar Pichai declines invite to testify in Senate

Beck Diefenbach | Reuters Google CEO Sundar Pichai takes the stage during the presentation of new Google hardware in San Francisco on Oct. 4, 2016. When the Senate Select Committee on Intelligence holds its next hearing on Russian meddling in the 2016 U.S. presidential election, it will hear from two …

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