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Monthly Archives: December 2017

Buy GM for its ‘first mover advantage’ in autonomous vehicles

Elijah Nouvelage | Reuters A woman gets in a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. November 28, 2017. General Motors’ leading position in autonomous vehicle (AV) technology is underestimated by the market, according to one Wall …

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Rex Tillerson is ‘not leaving’ but ‘I call the final shots’

Kevin Lamarque | Reuters President Donald Trump and Secretary of State Rex Tillerson confer during a working lunch with African leaders during the U.N. General Assembly in New York, Sept. 20, 2017. President Donald Trump vehemently denied Friday that Secretary of State Rex Tillerson could leave the job soon, saying …

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Uber security execs depart after CEO criticizes practices

Adriano Machado | Reuters The chief executive of Uber Technologies, Dara Khosrowshahi. Two of Uber Technologies Inc’s most senior remaining security executives resigned on Friday and another took medical leave after the company’s new chief executive officer criticized past practices, a source familiar with the situation said. The departures come …

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Russia to kick off World Cup against Saudis, Germany face Mexico

Getty Images Draw assistant, Fabio Cannavaro draws Saudi Arabia during the Final Draw for the 2018 FIFA World Cup Russia at the State Kremlin Palace on December 1, 2017 in Moscow, Russia. Hosts Russia will kick off next year’s World Cup finals versus Saudi Arabia in Moscow and defending champions …

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Michael Flynn issues statement on Russia probe

Andrew Harrer | Bloomberg | Getty Images Michael Flynn, U.S. national security advisor, center, arrives at the U.S. Courthouse in Washington, D.C., U.S., on Friday, Dec. 1, 2017. Former national security advisor Michael Flynn in a statement Friday issued by his lawyers said that he had agreed to cooperate with …

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Ruble tanks on report Flynn to link Trump directly to Russia probe

Brendan Smialowski | AFP | Getty Images Gen. Michael Flynn, former national security adviser to US President Donald Trump, leaves Federal Court December 1, 2017 in Washington, DC. The Russian ruble dropped suddenly against the U.S. dollar on an ABC News report that Michael Flynn will testify that he was …

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Apple is in for a 10% year-end rally, charts suggest

Apple shares have fallen more than 2 percent from its recent high, but one would be wise to buy the dip, says Todd Gordon of TradingAnalysis.com According to Gordon, Apple has actually fallen into a “corrective support,” where the stock is sitting in the middle of an uptrend parallel channel, …

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Trump likely to recognize Jerusalem as Israel’s capital next week: Report

Mandel Ngan | AFP | Getty Images President Donald Trump (L) and Israel’s Prime Minister Benjamin Netanyahu shake hands after delivering press statements prior to an official dinner in Jerusalem on May 22, 2017. U.S. President Donald Trump is likely to deliver a speech on Wednesday recognizing Jerusalem as Israel’s …

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Gold, other safe haven trades surge after Flynn report

Getty Images Michael Flynn (L), former national security advisor to President Donald Trump, arrives for his plea hearing at the Prettyman Federal Courthouse December 1, 2017 in Washington, DC. Safe haven assets jumped Friday after ABC News reported former national security advisor Michael Flynn would testify he was directed by …

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German police evacuate Christmas market due to suspicious package

Julian Stahle | AFP | Getty Images German policemen stand guard on a steet on December 1, 2017 after a suspicious object prompted the evacuation of a Christmas market in Potsdam. Police have evacuated a Christmas market and the surrounding area in the German city of Potsdam, near Berlin, to …

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