Differing opinions about money — how to spend it, when to save it and who should earn it — are one of the leading causes for stress in romantic relationships. One habit in particular is guaranteed to strain a marriage, according to Kevin O’Leary, an investor on ABC’s “Shark Tank” […]
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AMD shares surge as Wall Street analysts say the chipmaker is ‘executing on all fronts’
Advanced Micro Devices‘ new chips will take big market share from its competitors this year, according to Wall Street. The chipmaker reported better-than-expected fourth-quarter earnings results Tuesday. AMD also gave revenue guidance for the March quarter significantly above Wall Street expectations. Wells Fargo Securities reiterated its outperform rating for AMD […]
James Altucher, the face of bitcoin, says he’s happy about Facebook’s cryptocurrency ad ban
James Altucher has made himself the face of bitcoin. Now Facebook has banned him, and everyone else who wants to advertise anything to do with bitcoin and and other cryptocurrencies. Good idea, Altucher says. “I think this is a very good move for Facebook,” Altucher says via email, in response […]
Apple could be the best of the bunch in this tech earnings avalanche
Brace yourself for a tech earnings wave over the next two days as some of the biggest names on Wall Street open their books to scrutiny. Facebook, Microsoft, Apple, Amazon and Alphabet all report this week. The five companies make up more than 40 percent of the Nasdaq 100. Piper […]
UBS, Deutsche Bank and HSBC to pay millions in spoofing settlement, CFTC says
Until now, an illegal trading technique called “spoofing” has been associated with two-bit commodities outfits and lone wolf traders operating in the shadows of the markets. But prosecutors revealed on Monday that their investigations have hit the big time. Deutsche Bank, UBS and HSBC will collectively pay nearly $47 million […]
The 9-year stock rally still has ‘years left,’ says one of Wall Street’s most bullish strategists
The worst two-day decline for the Dow Jones industrial average since September 2016 was not the beginning of the end of the bull market, the chief investment strategist at Raymond James told CNBC on Wednesday. The U.S. futures were pointing to a rebound at the open on Wednesday after sharp […]
Rising interest rates cause a 2.6% pullback in weekly mortgage applications
Mortgage rates moved higher for the second straight week, and the lending community is just beginning to feel the effects. Total mortgage application volume fell 2.6 percent last week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume remains 6.6 percent higher than the same week one year ago. […]
Boeing expected to post quarterly results before the bell
Boeing is expected to report fourth-quarter earnings before market open on Wednesday. EPS: $2.89, according to Thomson Reuters Revenue: $24.69 billion, according to Thomson Reuters The end of the year was bumpy for the aerospace giant, which saw Airbus log more jet orders than Boeing in 2017, after a late […]
Trump vows to protect US intellectual property, without naming China
U.S. President Donald Trump vowed on Tuesday to protect American intellectual property, but made no mention of China, which his administration has accused of trade abuses, in his first State of the Union speech to Congress. Trump had been expected to deliver strong warnings to countries about unfair trade practices, […]
A new, ‘New American Moment’? Former Obama aides say Trump lifted the phrase from Hillary Clinton
In excerpts of President Trump’s first State of the Union address released by the White House, he hails recently passed tax cuts, deregulation and other major achievements. And then there is this line: “This is our New American Moment.” More from USA Today:Swing voters: Trump speech on the ‘plus side […]