A number of places have claimed to be the “next Silicon Valley.” While the one in California won’t go away, New York City, the research triangle in North Carolina and even Detroit say they will draw the best of tech talent due to special opportunities they can provide in the industry. The latest version of Silicon Valley will be in China, according to Ma Huateng, Tencent’s....More>>>
Investors following NVIDIA Corporation (NASDAQ:NVDA) already know that the company is a clear leader in the graphics processing unit (GPU) space as it holds more than 70% of the discrete desktop GPU market share right now.
NVIDIA earns about 62% of its total revenue from sales of GPUs in its gaming segment, but the company isn’t satisfied with just kicking up its feet and reaping....More>>>
Stocks slumped Wednesday because investors were worried about new tariffs imposed on China by the United States.
But the biggest fear facing US investors shouldn’t be growing global trade tensions. It should be rising interest rates.
“The Fed is more likely to kill the bull market than a trade war,” said Emily Roland, head of capital markets research for John....More>>>
President Donald Trump has made his opinion clear: He wants the Federal Reserve to stop raising interest rates.
Presidents usually avoid criticizing the central bank, which is designed to be independent from political interference. But Trump has repeatedly lashed out at Fed Chairman Jerome Powell.
“I’m not thrilled with his raising of interest rates, no. I’m not....More>>>
The threat of an all-out trade war with China has investors and traders alike on edge. But while a global trade war involving the United States could hurt some stocks, it’s creating a profit opportunity in others. I’ll show you exactly which stocks could benefit as new trade barriers are erected…
It’s not just China that is a concern for the United States, either.
Whether you’re in stocks, trading, or both, this is a market environment with a lot of “loose ends,” to put it mildly.
Most of these loose ends relate to the headlines – or, to put a point on it, tweets – that are roiling the market every day, sometimes several times a day
Just as trade war fears had ebbed thanks to China....More>>>
Rumors about a possible merger between Potash Corp (NYSE:POT) and Agrium (NYSE:AGU) have sent shares of the companies up 13.4% and 7.9%, respectively. The global fertilizer industry is struggling with pricing as slowing demand, particularly from farmers in China and India, has led to a situation of excess potash capacity and weighed on the earnings of fertilizer producers. The merger would make....More>>>
Marathon Patent Group Inc (NASDAQ: MARA) shares rose 47.1 percent to $3.22 in pre-market trading after jumping 54.23 percent on Wednesday.
Digital Power Corporation (NYSE: DPW) rose 27.6 percent to $0.800 in pre-market trading after gaining 9.79 percent on Wednesday.
Social Reality Inc (NASDAQ: SRAX) shares rose 23.1 percent to $7.16 in the pre-market trading session after....More>>>
AeroVironment, Inc. (NASDAQ:AVAV) announced better-than-expected fiscal fourth-quarter 2018 results on Tuesday after the market closed, highlighting both the continued momentum of its core unmanned aircraft systems (UAS) business and the recent divestment of its efficient energy systems (EES) operations.
With shares down around 6% in after-hours trading as of this writing — albeit after....More>>>
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Man Group Plc’s Chief Executive Officer Luke Ellis, who oversees the world’s largest publicly traded hedge fund firm, said recent bond defaults in China show that regulators are trying to shift to a more “sensible” market model.
“The Chinese government, as part of their process of a mixture of liberalizing and normalizing markets, is clearly trying to get....More>>>
JD.com (NASDAQ:JD), the second largest e-commerce player in China, could be returning to Russia soon according to a recent Kommersant report. JD previously entered the Russian market in 2015, but retreated a year later after struggling with cross-border logistics issues, merchant partnerships, and high marketing expenses.
JD’s previous effort featured partnerships with payment providers....More>>>
ICICI Direct’s currency report on USDINR
The rupee ended mildly higher on Tuesday amid higher domestic equities and speculated intervention by RBI. However, it is expected to open on a weaker note tracking losses in non – deliverable forward (NDF) and also further weakness in the Chinese Yuan • The US $ moved slightly lower yesterday amid news that US –....More>>>
Asian markets rose in early trading Friday although trade tensions between the U.S. and China lingered. While China said it welcomed an invitation for new trade talks with the U.S., an editorial in a state-run newspaper Friday warned that China would not cave to pressure.
“The Trump administration should not be mistaken that China will surrender to the U.S. demands. It has enough fuel to....More>>>
US stocks are moving toward all-time highs despite the trade war with China.
That’s because investors are thinking long term, according to Mohamed El-Erian, chief economic adviser at Allianz.
“Ultimately, this is going to be resolved in a way that still leaves a free but fairer trade system,” he told CNN’s Alison Kosik on Wednesday on “Markets Now.”....More>>>