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Monthly Archives: November 2017

Intel to rally more than 20% as it makes strides with artificial intelligence, analyst predicts

Manjunath Kiran | AFP | Getty Images Participants at Intel’s Artificial Intelligence (AI) Day stand in front of a poster during the event in the Indian city of Bangalore on April 4, 2017. Investors should not overlook Intel’s artificial intelligence prowess, according to one Wall Street firm. Barclays reiterated its …

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Strategist Jim Paulsen warns returns about to shrink as ‘juice’ runs dry

Investors are going to be thirsty for the kind of returns to which they become accustomed now that the Federal Reserve is taking their “juice” away from them, market expert Jim Paulsen said. Since the darkest days of the financial crisis, the Fed has been keeping interest rates low and …

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CME CEO says bitcoin futures will list second week in December

Investors who want to bet against bitcoin’s massive price gains can likely do so beginning in mid-December, according to the head of the world’s largest futures exchange. “When can you be able to short this product, I think sometime in the second week in December you’ll see our contract out …

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Google subpoenaed over data privacy, antitrust in Missouri

Beck Diefenbach | Reuters Google CEO Sundar Pichai takes the stage during the presentation of new Google hardware in San Francisco on Oct. 4, 2016. The Missouri attorney general’s office is investigating whether Google has run afoul of consumer protection or antitrust laws in the state. Attorney General Josh Hawley’s …

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Amazon AWS Ironman service to work with Tensorflow

Source: Amazon Web Services Andy Jassy, CEO of Amazon Web Services and Infrastructure. Amazon Web Services is gearing up to launch more services targeted at the hot topic of artificial intelligence at its re:Invent conference in Las Vegas later this month, according to a new report. AWS will introduce a …

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Senate tax bill would make taxes jump for many earning under $200,000, analysis says

Andrew Harrer | Bloomberg | Getty Images Senate Majority Leader Mitch McConnell, a Republican from Kentucky, center, speaks as Senator Orrin Hatch, a Republican from Utah and chairman of the Senate Finance Committee, right, and Senator Chuck Grassley, a Republican from Iowa, listen during a meeting with members of the …

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Largest ever in US outside financial crisis

It doesn’t sound like much: General Electric is cutting its dividend from 96 cents a year to 48 cents. But GE has a lot of shares outstanding: 8.67 billion. Reducing the dividend by 48 cents with 8.67 billion shares outstanding means shareholders are getting $4.1 billion less in dividends each …

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Donald Trump pushes for GOP tax reform plan changes

Carlos Barria | Reuters President Donald Trump promotes a newly unveiled Republican tax plan as he meets with House Republican leaders and Republican members of the House Ways and Means Committee in the Cabinet Room of the White House in Washington, November 2, 2017. President Donald Trump just added complications …

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Silicon Valley is freaking out about options provision in tax bill

Getty Images (L to R) Amazon CEO Jeff Bezos, Alphabet CEO Larry Page, Facebook COO Sheryl Sandberg, Vice President-elect Mike Pence, President-elect Donald Trump, during a meeting of technology executives at Trump Tower, Dec. 14, 2016 in New York. Start-ups are worried about one part of the Senate’s tax reform …

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British Brexit minister Davis Davis offers parliament new vote on any Brexit deal

Stefan Rousseau | PA Images | Getty Image Brexit Secretary David Davis arriving in Downing Street, London, for a Cabinet meeting. British Brexit minister David Davis said Monday that the government would allow parliament the opportunity to debate, scrutinize and vote on any final Brexit agreement, offering a concession to …

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