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Monthly Archives: April 2019

Three options strategies for the week: April 1, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw and Carter Worth outlined call buying in 3M. Dan Nathan illustrated how to make money with a put spread in the S&P Retail ETF. Mike Khouw also broke down a put calendar in Chipotle. …

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Facebook CEO Zuckerberg outlines vision for a ‘high-quality’ news tab

Chesnot | Getty Images Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Facebook could launch a dedicated news tab in partnership with “high-quality” publishers, if CEO Mark Zuckerberg carries out …

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Earnings outlook is getting grimmer by the day

“All 11 sectors have experienced negative 2019 EPS revisions since the start of the year,” Goldman chief U.S. equity strategist David Kostin said in a note Saturday. “As margin pressures mount, investors should focus on companies that have demonstrated the ability to maintain margins through pricing power.” Source: FactSet As …

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April could see IPOs from Uber and Pinterest. Here’s what to expect

Tomohiro Ohsumi | Bloomberg | Getty Images Ben Silbermann, co-founder and chief executive officer of Pinterest Already, 2019 is on track to become the year that some of the most valuable VC-backed companies smash records set during the height of the dot-com era. Four companies in particular — Lyft, Uber, …

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US measles cases surpass 2018 totals as outbreaks spread

Measles continues to spread across the U.S. with outbreaks in four states infecting more people in the first three months of 2019 than all of last year, according to new data from the Centers for Disease Control and Prevention. The CDC has confirmed 387 cases across 15 states from Jan. …

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Stocks rallying but may be about to hit their ‘ceiling,’ JP Morgan says

Stocks skyrocketed to start off 2019 but the rally may lose some steam as the S&P 500 approaches a near-term top, according to J.P. Morgan. Adam Crisafulli, an executive director at the bank, said in a note to clients Monday that the S&P 500 consensus earnings estimate for 2020 ticked …

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Lyft stock falls below IPO price on its second day of trading

Shares of Lyft sank as much as 11 percent Monday, falling below the stock’s IPO price in its second day of trading on the public market. The stock traded as low as $69.12 a share just after market open, more than 20 percent below its Friday intraday high of $88.60. …

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Ben Ray Lujan will run for Senate in New Mexico to replace Tom Udall

Bill Clark | CQ-Roll Call Group | Getty Images Rep. Ben Ray Lujan, D- N.M., speaks with reporters as he leaves the House Democrats’ caucus meeting. Democratic Rep. Ben Ray Lujan will run for Senate next year to succeed the retiring Sen. Tom Udall, the congressman announced Monday. In a …

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Burger King is testing a vegetarian Whopper made with Impossible Burger

Jane Lanhee Lee | Reuters Impossible Foods product development associate scientist Kyle Okada measures plant-based burgers tailor-made for Burger King at a facility in Redwood City, California, U.S. on March 26, 2019. Burger King is testing a vegetarian version of its Whopper that uses an Impossible Burger for its patties, …

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Apple slashes iPhone prices in China by as much as 6%

Lintao Zhang | Getty Images Chinese customers in an Apple store on Jan. 3, 2019, in Beijing, one day after Apple preannounced weak quarterly results that it attributed primarily to a sales slowdown in China. Apple has cut prices for several of its most important products on its official Chinese …

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