Recent Posts

Medtronic to acquire Mazor in $1.64 billion deal 

David Maung | Bloomberg | Getty Images An employee uses a microscope at the Medtronic assembly plant in Tijuana, Mexico. Medical equipment company Medtronic will acquire Israel-based Mazor Robotics for about $1.64 billion in an all-cash deal, or $1.34 billion net of Medtronic’s existing stake in Mazor, the companies said …

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Micron tumbles after CFO says Trump tariffs will hit gross margins

Matthew Staver | Bloomberg | Getty Images The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Micron Technology shares fell more than 6 percent in after-hours trading Thursday after CFO David Zinsner said that the semiconductor company’s gross margins would suffer due to President Donald Trump’s latest …

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Pot stocks feel like bitcoin last year

Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it. “The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin …

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