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Google Alphabet earnings could propel stock closer to $1 trillion

Alphabet, Apple and Amazon are all creeping closer to becoming the world’s first $1 trillion company in what appears to be the priciest horse race of all time. Some chart-minded traders think that of the bunch, Alphabet stands the biggest chance of getting there first. Alphabet, Google’s parent company, which …

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Goldman says trade war would lower US company earnings by 15%

The acceleration of U.S. trade actions poses a risk to S&P 500 earnings through falling export revenues and rising input costs for American companies, according to Goldman Sachs. A 10 percent tariff on all imports from China would lower Goldman’s 2019 S&P 500 earnings per share estimate by 3 percent, …

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Daniel Loeb’s Third Point unveils new position in PayPal

Jacob Kepler | Bloomberg | Getty Images Daniel Loeb, founder and chief executive officer of Third Point LLC Third Point hedge-fund manager Daniel Loeb revealed in an investor letter that his fund has new position in PayPal. The firm added the position in the second quarter, according to an investor …

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