EU News Digest Latest News & Updates
The party might not be over yet, the sector should continue to be a solid play for 2019, too, according to Craig Johnson, chief market technician at Piper Jaffray. “I think you let the winners run,” Johnson said Monday on CNBC’s “Trading Nation.” “If you look at a chart of …
Read More »Monthly Archives: January 2019
These are the three big questions facing Apple in 2019, analyst says
David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., arrives on stage during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Wednesday, Sept. 12, 2018. Apple, like most of the major technology stocks, endured a volatile 2018. But what …
Read More »Chicago traders in their ’80s heyday had a crazy move called the ‘O’Hare Play’
John Zich | AFP | Getty Images Traders in the OEX pit at the Chicago Board Options Exchange climb the walls of the pit in their scramble to make trades 18 April 2001 in Chicago, Illinois, at the moment news hits that the Federal Reserve has made an unexpected half-point …
Read More »Netflix hires Spencer Neumann from Activision Blizzard as new CFO
Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix Inc. Netflix has hired Spencer Neumann as chief financial officer, two days after he was fired as CFO at Activision Blizzard. Activision Blizzard said Monday the firing was unrelated to the company’s financial performance. Early reports …
Read More »December manufacturing PMI shows economic trouble
Sean Proctor | Bloomberg | Getty Images An employee works on the line at the Ford Motor Co. Dearborn Truck Plant in Dearborn, Michigan, Sept. 27, 2018. The first survey of December’s economic data came out on Wednesday with diminished results: United States manufacturer growth hit new lows on multiple …
Read More »Roku Channel adds premium TV subscriptions from Showtime, Starz
David Paul Morris | Bloomberg | Getty Images Anthony Wood, founder and chief executive officer of Roku Inc. Roku on Wednesday announced new changes that are coming to how its users watch premium TV shows and movies. It may help it boost ad revenue — hugely important for the company’s …
Read More »Trump invites congressional leaders to meet about government shutdown
Kevin Lamarque | Reuters President Donald Trump speaks with Senate Democratic Leader Chuck Schumer (D-NY) in the Oval Office of the White House in Washington, U.S., December 11, 2018. President Donald Trump has invited eight top lawmakers to sit down Wednesday afternoon and discuss the partial government shutdown and border …
Read More »Netflix shares fall as analyst predicts weak fourth quarter subscriptions
Philippe Huguen | AFP | Getty Images Netflix CEO Reed Hastings is pictured on May 3, 2018 in Lille, northern France during the first edition of the TV Series Mania festival. Netflix shares slipped in premarket trading Wednesday after SunTrust Robinson Humphrey said the streaming giant added fewer subscribers than …
Read More »Romney says Trump causes dismay around the world
Kim Raff | Bloomberg | Getty Images Mitt Romney speaks during a keynote address at the Utah County Republican Party Lincoln Day Dinner in Provo, Utah, U.S., on Feb. 16, 2018. Mitt Romney, the former Republican presidential candidate and incoming U.S. senator from Utah, sharply criticized President Donald Trump and …
Read More »Italy’s watchdog reportedly suspends trading in Carige shares
Alessia Pierdomenico | Bloomberg | Getty Images A pedestrian passes a Banca Carige SpA bank branch in Rome, Italy. The European Central Bank has appointed temporary administrators for troubled Italian lender Banca Carige with the decision coming after the majority of the bank’s board members resigned on Wednesday. The ECB …
Read More »