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Silicon Valley tries to out-Trump Trump on jobs

Timothy A. Clary | AFP | Getty Images (L-R) Amazon’s chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg , Vice President-elect Mike Pence and President-elect Donald Trump attend a meeting at Trump Tower December 14, 2016 in New York. Silicon Valley is trying to out-Trump Donald Trump …

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Apple at a record high may still be a pretty cheap stock

Apple stock, even trading near a record high, looks far cheaper than the overall stock market. In fact, by one common metric, if Apple were priced just like the S&P 500 index, it would be trading at $187 from its current $156. If it were valued like a tech stock, …

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Continental Q2 profit falls, raises FY sales outlook

Luke Sharrett | Bloomberg | Getty Images A worker loads automotive tires onto a conveyor belt at the Continental Tire Sumter plant distribution warehouse in Sumter, South Carolina. But the world’s second-largest automotive supplier raised its full-year sales guidance by 500 million euros to more than 44 billion euros and …

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With the dollar diving, these stocks are set to cash in, Goldman says

Goldman Sachs expects Boeing, Tiffany and some health care companies to benefit from the diving U.S. dollar. “The ripple effects of a weaker dollar benefit US stocks with overseas sales,” David Kostin, chief U.S. equity strategist at Goldman Sachs, said in a report published late Tuesday with other analysts. The …

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Bitcoin may just be a ‘dangerous pricing game’, says Aswath Damodaran

If bitcoin does not prove its worth as a usable currency, its massive price surge is a “dangerous” game, according to one respected finance professor. “If you don’t believe that bitcoin will ever acquire wide acceptance in transactions, it is time that you were honest with yourself and recognized that …

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What Amazon billionaire Jeff Bezos was doing in his 20s

Paul Souders | Getty Images Jeff Bezos, founder and Ceo of Amazon Fitel’s main goal was to create a global telecommunications network for trading firms, and Bezos started out debugging lines of code, Wired reports. He quickly rose through the ranks, eventually landing a role as the head of development …

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Apple just added a Ford. Stock up $48 billion in a single day

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple speaking with dancer Maddie Ziegler during an Apple event in San Francisco. Apple, the world’s most valuable company, added more worth in one day than the market cap of nearly 400 individual companies in the …

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The two charts that show why Amazon shares could keep sliding

It’s been a rough few session for one of America’s hottest stocks, and one technical analyst predicts that more downside is ahead. After reporting earnings on Thursday evening that badly missed profits expectations, the online retailer and web services provider saw its shares slide for two straight sessions, closing Monday …

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Apple iPad sales are up year on year for the first time since 2014

Stephen Lam | Reuters Tim Cook, CEO, holds an iPad Pro after his keynote address to Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. Apple reported its fiscal third quarter 2017 results on Tuesday afternoon — and while all eyes were on iPhone …

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Bitcoin ‘mining’ goes from enthusiasts to giant enterprises

Ver now heads bitcoin mining hardware seller and mining contracts firm Bitcoin.com. “The demand is just incredible,” he said. Some models of AMD and Nvidia graphics cards have sold out in the last few months due to high demand from digital currency miners. Through their partners, the companies are now …

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