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Monthly Archives: July 2018

Prosecutors say alleged Russian operative in US used sex for influence

AP Photo In this photo taken on Sunday, April 21, 2013, Maria Butina, leader of a pro-gun organization in Russia, speaks to a crowd during a rally in support of legalizing the possession of handguns in Moscow, Russia.  A Russian gun-rights activist accused of working as an unregistered foreign agent …

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‘There’s not much to dislike’ about Dow stock Visa, says trader

Visa has been on a tear this year, up 23 percent and leading the Dow. TradingAnalysis.com founder Todd Gordon is betting on a bigger rally for the stock when it reports earnings next week. Gordon told CNBC’s “Trading Nation” on Tuesday that “there’s not much to dislike” about the chart …

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‘No reason not to’ believe US officials on Russia

Al Drago | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, D.C., U.S., on Tuesday, April 10, 2018. Facebook CEO Mark Zuckerberg is pushing back on President Donald Trump’s wobbly …

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Fed Chairman Powell says cryptocurrencies present big risks to investors

Yuri Gripas | Reuters Federal Reserve Board Chairman Jerome Powell reacts at his news conference after the two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy in Washington, U.S., June 13, 2018 The head of the Federal Reserve raised concerns about cryptocurrencies on Wednesday, saying they …

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Trump administration opens uranium import probe, new tariffs possible

Uranium is also used by the military to power the Navy’s fleet of nuclear submarines. It is also used in armor plating and armor-piercing projectiles. Commerce said its investigation will examine the entire uranium sector, including mining, enrichment, defense and uses by industry. The department consulted with industry stakeholders, members …

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Goldman Sachs downgrades Clorox: Valuation is ‘unsustainably high’

Goldman Sachs downgraded its rating on Clorox shares to sell from neutral on Wednesday, casting doubt over the company’s ability to perform through the fourth quarter of this year. “We see unsustainably high relative valuation for Clorox … compounded by” risk to its earnings, Goldman Sachs wrote in a note …

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The one chart that explains Netflix’s stunning comeback

Netflix just lost $9 billion in market cap. It could have been so much worse. At session lows on Tuesday, the stock was down 14 percent – if it had closed there, it would have been its worst day since August 2016. That bulls rushed in to save Netflix from …

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Twitter shares run since April means upside done

Michael Nagle | Bloomberg | Getty Images The Twitter Inc. logo is seen behind a phone displaying the company’s mobile application. The blue badge with white tick is the sign that an account is verified. Macquarie Research lowered its rating on shares of Twitter to “neutral” from “buy” on Wednesday, …

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Boeing and Airbus top $110 billion in orders at Farnborough air show

Philippe Wojazer | Reuters An employee works on an Airbus A380 plane inside the Air France KLM maintenance hangar at the Charles de Gaulle International Airport in Roissy, near Paris, France, May 31, 2016. European aerospace firm Airbus may be behind Boeing, but has hardly been a slouch in winning …

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These are the 10 airports where you’re most likely to be hacked 

Joshua Lott | Getty Images Travelers wait in line at O’Hare International Airport on December 23, 2016. There’s a bigger danger lurking in U.S. airports than mediocre meals: public Wi-Fi networks. The convenience of these easy ways to connect online is often masked by the fact that many are unencrypted, …

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