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Monthly Archives: December 2018

Tesla changes plans to start Model Y production: Business Insider 

Mike Blake | Reuters Newly manufactured Tesla vehicles are placed on transport trailers from a large inventory of newly made vehicles in Burbank, California, August 24, 2018.  Tesla had plans to build its pilot small electric SUV Model Y at Gigafactory 1 by June 1, 2020, the Business Insider reported …

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Apple downgraded by HSBC, who said iPhone maker is ‘facing the reality of market saturation’

Yves Herman | Reuters Apple CEO Tim Cook delivers a keynote during the European Union’s privacy conference at the EU Parliament in Brussels, Belgium October 24, 2018. Apple shares fell on Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. …

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Into the Spider-Verse’s Shameik Moore on persisting with your dreams

Courtesy of Vodafone Group / Sony Pictures  Miles Morales, like many young people preparing to leap into the next stage of their lives, is struggling to find out who he is and what he is meant to be. Prior to its global theater release later this month, the movie has …

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Government to suspend fuel tax reports say

PASCAL GUYOT | AFP | Getty Images Yellow vests (Gilets jaunes) protesters block the road leading to the Frontignan oil depot in the south of France, as they demonstrate against the rise in fuel prices and the cost of living on December 3, 2018.  The French government is reportedly ready …

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State of European Tech 2018: Record year for start-ups

Europe’s tech start-up scene is giving Silicon Valley a run for its money. Europe is home to more than twice as many tech initial public offerings (IPOs) as the U.S. so far this year, while newly-listed European companies are outperforming their American counterparts, according to a report by venture capital …

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Restoration Hardware, Smartsheet and more

Michael Nagle | Bloomberg | Getty Images Restoration Hardware signage is displayed on a monitor of the floor of the New York Stock Exchange in New York, Feb. 24, 2017.  Check out the companies making headlines after the bell: Restoration Hardware shares jumped over 22 percent in the extend session …

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Amazon, Apple and Microsoft compete to be most valuable company

Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018.  Amazon, Apple and Microsoft are in a tight race for the title of …

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J.P. Morgan upgrades AT&T while downgrading its rival Verizon 

Kena Betancur | AFP |Getty Images People walk past an AT&T store in New York on October 23, 2016. J.P. Morgan is taking divergent views on two of the biggest U.S. mobile providers. The firm upgraded AT&T on Monday to overweight from neutral and downgraded its better-performing rival Verizon. For …

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Ikea moves into Manhattan with its first ‘city center’ store in 2019

Stephen Chernin | Getty Images Shoppers look at merchandise at a Ikea store in Paramus, New Jersey.  Furniture retailer Ikea will shrink its typically massive store open its first location in Manhattan with a new “city center” format in 2019, the company said Monday. This spring, Ikea will open its …

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Three options strategies for the week: December 3, 2018

The “Options Action” traders share three options trading strategies to kick off the week. Carter Worth and Mike Khouw suggest a call option in the Biotech ETF. Dan Nathan recommends a put spread in Citigroup. Mike Khouw recommends a 2×1 put spread in Lululemon. Trader disclosure: Dan Nathan is long …

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