Home / Top News (page 700)

Top News

‘Trader’s favorite’ Nvidia should be a ‘long-term investor’s favorite’ too, strategist argues

Interest in chipmaker Nvidia has exploded. From the stock’s average daily volume (more than 10 times that of some similarly sized and priced companies) to the total options open interest (more than six times that of similarly sized and priced companies), investors are appearing to pile into a semiconductor stock …

Read More »

MSCI adding mainland Chinese A shares to key emerging markets index on fourth review

ChinaFotoPress | Getty Images An investor smiles during his observing stock market at an stock exchange in Fuyang, Anhui province of China. In a long awaited decision, MSCI said Tuesday it plans to add mainland Chinese shares to its benchmark Emerging Markets Index. The index giant said it will add …

Read More »

Tax bill won’t come to the floor until September

Getty Images Gary Cohn (2nd L), White House chief economic advisor to U.S. President Donald Trump, and Trump’s son-in-law and senior advisor Jared Kushner (2nd R) depart the White House June 7, 2017 in Washington, DC. Gary Cohn, director of the National Economic Council, does not expect the White House …

Read More »

Mike Pence lays out goals for Obamacare repeal, tax cuts

Carolyn Kaster | AP Vice President Mike Pence speaks during the National Association of Manufacturers (NAM) 2017 Manufacturing Summit in Washington, Tuesday, June 20, 2017. Vice President Mike Pence promised Tuesday that Republicans will pass an Obamacare replacement plan by the end of the summer and “tax cuts” this year. …

Read More »

Don’t expect oil to reverse bear market anytime soon, history shows

U.S. crude oil fell into bear market territory on Tuesday, and the losses could continue in the coming months if historical trends hold. CNBC ran a study to see how U.S. West Texas Intermediate crude oil performs after the commodity experiences a plunge of 20 percent or more from recent …

Read More »

Tim Cook told Trump tech employees are ‘nervous’ about immigration

Getty Images Apple CEO Tim Cook delivers brief remarks as U.S. President Donald Trump (R) and White House Director of the Office of American Innovation and the president’s son-in-law Jared Kushner listen during a meeting of the American Technology Council in the State Dining Room of the White House June …

Read More »

A close look shows why the tech rally could be back on

Some strategists are forecasting further upside for technology stocks based upon technical indicators and options market activity after the group posted its best day of the year. Technology stocks appeared to recover on Monday after several sluggish days earlier this month, when a market rotation caused the sector — particularly …

Read More »

Apple smart glasses for augmented reality could leverage iPhone power, UBS says

Stephen Lam | Reuters Tim Cook, CEO, speaks during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. Apple may leverage augmented reality on the iPhone to help pave the way for a future smart glasses product, UBS said in a note to investors …

Read More »

Tesla shares jump on report the company is close to setting up shop in China

VCG | Getty Images Elon Musk, Chairman, CEO and Product Architect of Tesla Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 System in China on a limited basis for its Model S, which will enable self-driving features such as Autosteer for a select group of …

Read More »

Singapore PM responds to abuse of power claims

Pete Marovich | Pool | Getty Images Singapore Prime Minister Lee Hsien Loong greets guests during an official visit to the White House on August 2, 2016. In a video message on Monday, the PM said he would first deliver a ministerial statement on July 3 to refute the “baseless …

Read More »