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Monthly Archives: September 2018

IBM shares rise after UBS upgrades tech giant 

Laura Chiesa | LightRocket | Getty Images IBM transporting clients in the clouds at CeBIT in Hanover fairground, Germany. It is considered a barometer of current trends and a measure of the state of the art in information technology.  IBM’s stock price will rally due to strong demand in key technology …

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Trump may force government shutdown over border wall spending

Nicholas Kamm | AFP | Getty Images US President Donald Trump speaks during his meeting with Colombian President Iván Duque at the United Nations in New York September 25, 2018. President Donald Trump could decide to shut down parts of the government in the coming days as he pushes for …

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Turkey cannot remain silent over US sanctions weapons: Erdogan at UN

 Burhan Ozbilici | AP Turkey’s President Recep Tayyip Erdogan talks during a joint press conference with Iraq’s Prime Minister Haider al-Abadi, following their meeting at the Presidential Palace in Ankara, Turkey, Tuesday, Aug. 14, 2018.  Turkish President Recep Erdogan continued his underhanded criticism of U.S. foreign policy during the UN …

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RBC hikes Apple price target on strong demand for pricier iPhones

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves before speaking during the Apple World Wide Developers Conference (WWDC) in San Francisco, California, U.S., on Monday, June 8, 2015. The latest generation of pricier iPhones is attracting more demand than last year’s …

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Apple could rally to new all-time highs this fall, says trader

The Apple rally is about to get a whole lot sweeter, says TradingAnalysis.com founder Todd Gordon. Apple shares have rallied more than 10 percent since its market cap crossed $1 trillion for the first time ever in August, and according to Gordon, the stock could get a bigger boost following …

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Amazon just rolled out its Whole Foods grocery delivery service in these cities

Smith Collection/Gado | Archive Photos | Getty Images Reusable shopping bag with logo at Whole Foods Market grocery store in Dublin, California.  Amazon has expanded its grocery delivery service from its Whole Foods stores to more cities across the United States. The service is now available in Milwaukee, Omaha, Detroit, …

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Singapore anti-trust watchdog fines Grab, Uber on Southeast Asia sale

Paul Miller | Bloomberg | Getty Images Signage for Uber Technologies and Grab are displayed outside a building in Singapore, on April 26, 2018.  Singapore’s decision to fine ride-hailing giants Grab and Uber will not have any substantial impact on either company, and the situation underscores the global shortcomings of …

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Nike shares fall despite earnings beat and 15 percent profit growth

Justin Sullivan | Getty Images Nike shoes are displayed at a Nike Store on August 10, 2018 in San Francisco, California.  Nike posted double-digit earnings growth during its fiscal first quarter as the company works to reshape its business and courts controversy with a new ad campaign featuring former San …

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Meet the banks that are leading the deal market for pot stocks

Source: Dealogic Part of that has to do with the size of the deals — they’re still relatively small and don’t always capture the attention of the larger American banks. But even the bigger deals tend to be managed by Canadian firms, thanks to the lack of regulatory risk those …

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This 19-carat Pink Legacy diamond could fetch $50 million

Source: Christie’s Images LTD. 2018 The 18.95 carat, fancy vivid pink stone is a rectangular cut and is called The Pink Legacy.  A large pink diamond a could become one of the most expensive gems ever sold at auction, estimated to fetch up to $50 million next month in Geneva. …

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