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Monthly Archives: August 2018

Melania Trump’s parents become naturalized U.S. citizens

Getty Images U.S. first lady Melania Trump arrives in the Rose Garden to speak at the White House May 7, 2018 in Washington, DC. The parents of first lady Melania Trump became naturalized U.S. citizens on Thursday, taking the oath in a private ceremony in New York, according to their …

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Top technical analyst says it could be ‘game-over’ for bitcoin

Guillaume Payen | SOPA | LightRocket | Getty Images A smartphone displays the Bitcoin GBP market value on the stock exchange via the Yahoo Finance app.  A difficult week for bitcoin investors may get much worse, according to Renaissance Macro Research. The firm’s head of technical research, Jeff deGraaf, said …

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Stocks to pop another 10% or more from here despite trade war, rising rates, says Street’s biggest bull Dwyer

Wall Street’s biggest bull is standing by his call that the S&P 500 will jump 12 percent by the end of 2018 as the broad market index nears highs not seen since January. In less than five months, the index will hit 3,200 points by year’s end as a healthy …

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Rick Gates finishes, prosecutors look to rest case in Manafort trial

Dana Verkouteren | AP This courtroom sketch depicts Rick Gates, right, answering questions by prosecutor Greg Andres as he testifies in the trial of Paul Manafort, seated second from left, at the Alexandria Federal Courthouse in Alexandria, Va., Monday, Aug. 6, 2018.  Special counsel Robert Mueller’s team of U.S. attorneys …

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Stamps.com stock falls after warning its deal with USPS could change

Lawrence K. Ho | Los Angeles Times | Getty Images Ken McBride, stamps.com CEO and Chairman at the company’s headquarter in El Segundo on Mar. 13, 2013.  Stamps.com was down more than 7 percent shortly after Thursday’s open following its disclosure that the United States Postal Service requested to renegotiate …

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Walmart.com makes it easier to return purchases

Just ahead of the holiday shopping season, Walmart is trying to make it easier for its online shoppers to return products to third-party sellers as the battle with Amazon intensifies. Starting this fall, customers buying items from third parties on Walmart.com will be able to print shipping labels directly from …

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Morgan Stanley downgrades high flying chip sector to sell: ‘Indicators are flashing red’

David Paul Morris | Bloomberg | Getty Images A technician inspects a 300mm silicon wafer at the Applied Materials Maydan Technology Center in Santa Clara, California. Semiconductor stocks have soundly outperformed the market for years, but Morgan Stanley is now warning the red-hot sector has topped out. The firm lowered …

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Danish jeweller Pandora’s chief executive steps down after profit warning

Carsten Snejbjerg/Bloomberg via Getty Images Anders Colding Friis, chief executive officer of Pandora AS, poses for a photograph in his office at the company’s headquarters in Copenhagen, Denmark, on Monday, July 9, 2018. Pandora designs, manufactures, markets, and distributes hand finished and modern jewelry made from primarily sterling silver, gold, …

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Apple allows Infowars in App Store 

Brooks Kraft | Getty Images Conspiracy theorist and radio talk show host Alex Jones speaks during a rally in support of Donald Trump near the Republican National Convention, July 18, 2016 in Cleveland, Ohio. Apple has clarified its position on Alex Jones After removing the Infowars podcast from iTunes over …

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Elon Musk says new A.I. chip is probably coming within six months

David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and CEO of Tesla Motors. Tesla CEO Elon Musk said that the next generation of hardware for autonomous driving will probably be available by early next year. On last week’s earnings call, Musk touted the strengths of the coming …

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