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Bernstein reiterates Alibaba as its Top Pick in the Asia internet sector, saying the company ‘owns the most valuable consumer data in China.’
A Look at AT&T’s Performance Year-to-Date(Continued from Prior Part)AT&T is spending large on capexAT&T (T) has been investing largely in capex to improve its network. AT&T spent $4.2 billion on capex in the fourth quarter compared
Economist Warns of a Possible Recession by 2020Recession fears Over the last few months, investors’ concerns about a possible recession in the near term have been fueled by several factors, including slowing global economic growth and a sudden
A hacking group has targeted European democratic institutions including think tanks and non-profit groups ahead of highly anticipated EU parliamentary elections in May, Microsoft said. The company said Tuesday that a group called Strontium targeted email accounts for more than 100 people in six European countries working for the German Council on Foreign Relations, the Aspen Institutes in Europe and the German Marshall Fund.
Trump Says His Election Prevented a Stock Market CrashThe stock marketIn 2018, the S&P 500 benchmark fell 6.2% after rising 6.5% and 19.4% in 2016 and 2017, respectively. Apart from investors’ concerns about rising interest rates, the major
A Look at AT&T’s Performance Year-to-Date(Continued from Prior Part)AT&T’s DIRECTV NOW customersAT&T’s (T) DIRECTV NOW is a streaming service that delivers content directly to users via the Internet as a substitute to signing up
Is Trump’s Obsession with Markets an Advantage for China?(Continued from Prior Part)US-China talksUS-China trade talks have been fast-tracked as the March 2 deadline is fast approaching. A Chinese delegation is expected to visit the United States
LAS VEGAS (AP) — Caesars Entertainment said Wednesday that it has talked with billionaire investor Carl Icahn, who began pushing for fundamental changes this week after revealing a 10 percent stake in the casino operator.
Why Charlie Munger Doesn’t Think Elon Musk Is HireableCharlie Munger Billionaire investor and vice-chairman of Berkshire Hathaway (BRK-B) Charlie Munger is known to be very straightforward—just like his business partner, Warren Buffett. Last week
A Look at AT&T’s Performance Year-to-DateAT&T’s debt levelsAT&T (T) ended the fourth quarter with short-term debt of $10.3 billion, while its long-term debt was $166.3 billion, bringing its total debt to $176.5 billion. AT&T’s
Is Trump’s Obsession with Markets an Advantage for China?Markets US President Donald Trump apparently sees market performance as a reflection of his personal performance. On several occasions, Trump has boasted of the market’s performance to
NIO: Why 'Chinese Tesla' Rose 7% on February 20NIO On February 20, NIO (NIO), a Chinese electric carmaker, was trading on a bullish note. The stock posted a day high of $7.77—up ~7.0% from the closing price the previous day. Let’s find out
Buffett and Gundlach Might Have Some Bad News for TrumpBuffettLast week, Berkshire Hathaway (BRK-B) released its fourth-quarter 13F. Berkshire chair Warren Buffett is known for his value investing. However, Berkshire’s buying activity was
J.P. Morgan Encourages Investors to Buy Stocks despite WorriesUS stock market The US stock market has seen a decent recovery in the first quarter of 2019 so far after a steep decline in the fourth quarter of 2018. As of February 19, the S&P 500
Analyzing the Latest from Netflix, Spotify, and Uber(Continued from Prior Part)Netflix faces several headwinds at homeNetflix (NFLX) stock has risen 10.8% since January 23 after falling 8.8% since announcing its fourth-quarter earnings results in
The Latest on Disney’s Deals with Hulu and Fox(Continued from Prior Part)Hulu is posting lossesThe Internet streaming service provider Hulu grew its subscriber base and advertising revenues in 2018. While Hulu’s advertising revenue increased 45%