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Monthly Archives: May 2018

Wall Street still loves Nvidia despite chipmaker’s prediction of plunging crypto-mining sales

David Paul Morris | Bloomberg | Getty Images en-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. 7, 2018. Analysts are optimistic over Nvidia’s growth opportunities even as a key …

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AT&T CEO says hiring Trump lawyer Michael Cohen was a ‘big mistake’: Reuters

Lucas Jackson | Reuters President Donald Trump’s personal lawyer Michael Cohen leaves federal court in the Manhattan borough of New York City, New York, U.S., April 16, 2018. Telecommunications giant AT&T said Friday that hiring President Donald Trump’s lawyer Michael Cohen as a consultant was a “big mistake.” AT&T CEO …

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China looking to rely less on US for soybeans

Daniel Acker | Bloomberg | Getty Images Soybeans are harvested Princeton, Illinois, China is looking to boost its domestic production of soybeans, potentially becoming less reliant on U.S. farmers amid a tit-for-tat trade war between the world’s largest economies. China included lifting soybean production in a five-year plan issued in …

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ArcelorMittal Q1 2018 earnings

Vincent Mundy | Bloomberg | Getty Images Steelworkers at the ArcelorMittal steel factory in Kryvyi Rih, Ukraine. The world’s largest steelmaker ArcelorMittal reported on Friday higher-than-expected first-quarter earnings, helped by a sharp pick-up in metal prices. The company said outlook for 2018 had improved as the year progressed. The company’s …

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Mahathir says King willing to pardon Anwar

Lai Seng Sin | Reuters Mahathir Mohamad, former Malaysian prime minister and opposition candidate for Pakatan Harapan (Alliance of Hope) reacts during a news conference after general election, in Petaling Jaya, Malaysia, May 9, 2018. Malaysian Prime Minister Mahathir Mohamad said on Friday the country’s monarch had indicated he was …

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US says it backs Argentine President Macri’s economic reform program

Win McNamee | Getty Images U.S. President Donald Trump and first lady Melania Trump (L) welcome President Mauricio Macri of Argentina and the first lady of Argentina, Juliana Awada (R), to the White House shortly before meeting in the Oval Office April 27, 2017 in Washington, DC. The United States …

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Panasonic getting cold feet on Tesla commitments: Nikkei

David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Some Panasonic executives are expressing hesitation about new investments with Tesla in battery manufacturing, according to a report out Thursday in the Nikkei Asian Review. Tesla and Panasonic were expected to set …

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DBX, NVDA, SYMC & more

Lucas Jackson | Reuters Dropbox Inc. co-founder Drew Houston waits as Dropbox (DBX) is listed for the company’s initial public offering (IPO) at the Nasdaq Market Site in New York, U.S., March 23, 2018. Check out the companies making headlines after the bell: Shares of Dropbox slumped more than 1 …

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Watch the Falcon 9 ‘Block 5’ rocket launch

Instagram | Elon Musk The new “Block 5” variation of SpaceX’s Falcon 9 rocket, rolling out to launchpad 39A at Kennedy Space Center, Florida. Being able to launch, land and launch again with minimal refurbishment between flights has been a central focus for SpaceX. The company has become quite successful …

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Dropbox ties the cloud ecosystem together through partnerships: CEO

Victor J. Blue | Bloomberg | Getty Images Drew Houston, chief executive officer and co-founder of Dropbox Inc., left, speaks as Arash Ferdowsi, co-founder of Dropbox Inc., listens during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Friday, March 23, 2018. The online …

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