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Monthly Archives: February 2019

Home Depot reports fourth-quarter 2018 earnings

Patrick T. Fallon | Bloomberg | Getty Images A customer browses products at a Home Depot Inc. store in Torrance, California. Home Depot is set to report earnings before the bell on Tuesday. Here’s what analysts are expecting for Home Depot’s fourth quarter, based on Refinitiv data: Earnings per share, …

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China’s Xiaomi to triple store count in Europe this year

Chinese tech firms Huawei and ZTE are under intense scrutiny from the U.S. government out of fear their devices will enable spying from the Chinese government, leaving many Americans skeptical of Chinese brands. In response, companies like Huawei, Xiaomi and Oppo are buckling down on Europe. “The political situation between …

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US, North Korea still far apart in denuclearization

Linh Pham | Getty Images A worker at the t-shirt store of Truong Thanh Duc dry the newly printed t-shirts with the portraits of U.S. President Donald Trump and North Korean leader Kim Jong Un on February 21, 2019 in Hanoi, Vietnam. U.S. President Donald Trump and North Korean leader …

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Tesla shares fall on report SEC asks judge to hold Elon Musk in contempt for violating deal

Robyn Beck | Bloomberg | Getty Images Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, U.S., on Tuesday, Dec. 18, 2018. Shares of Tesla fell nearly 5 percent after the SEC has asked …

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Nielsen, Perry Huawei letter shows US will go after all Chinese tech

Dmitry Lovetsky Ren Zhengfei, CEO of Huawei Technologies, speaks at the International economic forum in St. Petersburg, Russia, Friday, June 22, 2012. President Vladimir Putin said Thursday that reforming Russia’s economy is his top priority. Business leaders welcomed the commitment, but noted that such pledges have been made before and …

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Investors counting on a big rally when China and US trade talks conclude could be disappointed

A trade agreement between the U.S. and China could result in a “sell the news” market reaction, if the deal comes up short or does not remove existing tariffs, traders said. President Donald Trump indefinitely dropped his threat to raise tariffs to 25 percent from 10 percent on $200 billion …

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Man volunteered to have a chip inserted under his skin live

Josep Lago | AFP | Getty Images People walk by a 5G stand at the Mobile World Congress (MWC), the world’s biggest mobile fair, on February 26, 2018 in Barcelona. A man volunteered to have a chip inserted under his skin live on stage at a trade fair in Barcelona …

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GE reevaluating plans for Healthcare IPO after Danaher deal

Martin Schutt | picture alliance | Getty Images An examination with a CT scanner is prepared in the emergency room of the university hospital (UKJ) in Jena, Germany. The GE Healthcare scanner is called the Revolution CT. General Electric is reevaluating plans for an IPO for its health-care unit following the sale …

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Three options strategies for the week: February 25, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth and Dan Nathan outlined a put spread in the Retail ETF. Dan Nathan also broke down an at-the-money straddle trade in the Nasdaq 100 ETF. Mike Khouw outlined a 1×2 call spread trade in …

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The biggest winner at the 91st Academy Awards was Disney

FREDERIC J. BROWN | AFP | Getty Images Best Actor winner for ‘Bohemian Rhapsody’ Rami Malek poses in the press room during the 91st Annual Academy Awards at the Dolby Theatre in Hollywood, California on February 24, 2019. The biggest winner of the 91st Academy Awards wasn’t the company with …

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