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Monthly Archives: August 2018

Here are the 10 stocks most loved by hedge funds 

David Ryder | Bloomberg | Getty Images Satya Nadella, chief executive officer of Microsoft Corp., smiles during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Wednesday, May 10, 2017. Goldman Sachs says the stocks most owned by hedge funds have soundly outperformed the market over the last 17 …

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Bank of America raises Apple price target: Diversifying app store

Josh Edelson | AFP | Getty Images Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Bank of America Merrill Lynch bumped its price target on Apple stock up to $250 per share …

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US, Turkey military links intact despite Brunson standoff

Atilgan Ozdil | Anadolu Agency | Getty Images An F-35 fighter jet is seen as Turkey takes delivery of its first F-35 fighter jet with a ceremony in Forth Worth, Texas, USA on June 21, 2018.  Turkey, an F-35 program partner, is currently slated to receive two of the jets. Lockheed …

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Nvidia spikes as it launches new GPUs for gaming

Screenshot Nvidia CEO Jensen Huang announces the GTX RTX 20-series of graphics cards at the Gamescom conference in Cologne, Germany, on Aug. 20, 2018. Nvidia shares rose Monday after CEO Jensen Huang revealed new graphics cards that will be used for more sophisticated video games, potentially boosting the company’s biggest …

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Three options strategies for the week: August 20

The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a call spread in Alibaba. Mike Khouw recommends a put spread in the Energy ETF Mike Khouw recommends an iron condor strategy in the Russell 2000 ETF Trader disclosure: On July 17, 2018, …

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Cutting back on my work hours isn’t an option

Peter Parks | AFP | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors Arianna Huffington is calling on Elon Musk to adopt a healthier work-life balance, but the Tesla CEO says that’s not an option. In a tweet early Sunday after arriving home from a late …

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Walmart, Anthem partner for seniors to buy OTC medicines

Patrick T. Fallon | Bloomberg | Getty Images A customer walks past the pharmacy at a Walmart in Torrance, California. Walmart is partnering with health insurer Anthem to expand access to over-the-counter medications for seniors. Starting in January, patients who are enrolled in Anthem’s Medicare Advantage plans can use their …

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GOP Rep. Steve Stivers explains why Jim Jordan is still in Congress

Tom Williams | CQ-Roll Call Group | Getty Images Rep. Jim Jordan, R-Ohio, talks with reporters after a meeting of the House Republican Conference in the Capitol on June 26, 2018.  Stivers: Let’s let the investigation happen and the facts come out and then we’ll deal with what the facts …

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A.I. could threaten ‘large’ amount of jobs

Chris Ratcliffe | Bloomberg via Getty Images Andrew Haldane, the Bank of England’s Chief Economist and Executive Director, Monetary Analysis & Statistics The Bank of England’s Chief Economist Andy Haldane warned on Monday that the rise of artificial intelligence (AI) threatens to replace a huge number of jobs. Haldane said …

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Tesla falls below $300, down another 4% after last week’s slide

Tesla’s stock price fell below $300 per share during premarket trading Monday as investors in the electric automaker continued to doubt the validity of a privatization proposal by its founder Elon Musk. Shares of the Palo Alto, California-based company fell as much as 4 percent before the opening bell, set …

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