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Monthly Archives: December 2019

Salesforce earnings, vehicle sales, China trade

People pass by the Salesforce Tower and Salesforce.com offices in New York City, U.S., March 7, 2019. Brendan McDermid | Reuters Here are the most important things to know about Tuesday before you hit the door. 1. Salesforce earnings Cloud company Salesforce reports third quarter earnings after the bell on …

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Natural gas is one of the few trades that hasn’t worked, down 50% in 12 months

Pretty much every trade has worked on Wall Street this year except one: natural gas. Futures prices fell to a one-month low on Friday after plunging more than 12% for the week. The commodity is currently trading around $2.34 per million British thermal units, which is nearly 50% below where …

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Jack Dorsey’s move to Africa raises questions for investors

Jack Dorsey, co-founder and chief executive officer of Twitter Inc., speaks during an interview in New York, U.S., on Monday, May 1, 2017. Michael Nagle | Bloomberg | Getty Images Jack Dorsey’s stated plan to move to Africa for up to six months is dividing Square and Twitter analysts. The CEO …

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Investors kick off December by bailing on hot momentum stocks like Roku

Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The biggest stock winners this year are leading the market decline on Monday as investors dumped momentum stocks after market sentiment turned sour. The top 10 performers this year in the S&P 500 are all in …

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In 2019, almost every investment worked

Traders work on the floor of the New York Stock Exchange Lucas Jackson | Reuters This year is shaping up to be one of the best ever for investors of all stripes with nearly every single asset class on track to finish 2019 in the green. From stocks to government …

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Small business confidence up on optimism about US-China trade deal

US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces an initial trade deal with China at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images Resurgent optimism about the future of U.S. …

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Trump’s approval rating among business owners hits all-time high

Sixty percent of small business owners approve of the way Donald Trump is handling his job as president, the highest approval rating number since CNBC and SurveyMonkey began its quarterly Small Business Survey in 2017. Small business owners typically are a conservative-leaning group. Approval of Trump never has been below 51% …

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Target and Walmart are a threat to Amazon this Cyber Monday

Employees sort packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois. Daniel Acker | Bloomberg | Getty Images Amazon has become a huge threat to big-box stores in recent years, but those retailers may be making a comeback this Cyber Monday. Walmart and Target had …

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With Tesla up 55% in last 3 months, here’s where two pros would buy in

Tesla is on a tear. Shares of the electric automaker have climbed a blowout 55% in the last three months, a notable turn for a stock that has struggled this year. As of last week, Tesla was practically flat for 2019 versus the S&P 500’s almost 26% gain. With Tesla’s …

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Off the radar: U.S. CEOs’ jet perks add millions to corporate tax bills

BOSTON (Reuters) – As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk. FILE PHOTO: A Gulfstream 650ER business jet is displayed …

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