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Nasdaq Dubai launches Saudi futures in bid to diversify investor offeringThe move aims to diversify financial offerings to regional and international investors, allowing them to both invest in and trade Saudi companies on the Emirati exchange.
Source: CNBC - 🏆 12. / 72 Read more »
Microsoft's $500 Million Pledge, Amazon's New HQ And The Truth About Housing AffordabilityMicrosoft has been praised for a recent promise to help fight Seattle's housing affordability crisis. Many see the move as a belated but welcome example of a tech company taking responsibility for a mess it helped create. But how exactly did Seattle get here? Because there is more money to be made in housing. That’s an easy answer. Gifts bring in more money from the community and to the community. Creating jobs and increasing wages doesn’t help the affordability of housing. That’s an infrastructure/market issue not a labor issue Well, then they would not get the press accolades now will they.
Source: Forbes - 🏆 394. / 53 Read more »
Ford Cutting Jobs In Europe, Moving Away From Less-Profitable VehiclesThe automaker says it is not yet clear how many people will lose their jobs. The cuts come during a time of turmoil for the car industry, as automakers invest heavily in new technology. Go electric or you will be the next Sears. I think they should go electric too. Tesla and the Electric Vehicle revolution came to ruin their party hahaha
Source: NPR - 🏆 96. / 63 Read more »
Glaxo And Pfizer Raise The Question: Should Drug Companies Sell Toothpaste and Chapstick?“[The] really key thing about this deal is not the value it creates for consumer, but how it unlocks bigger cash flows near term to invest in pharma near term,” says Chief Executive Emma Walmsley. Yes ! You mean they don't? Why not?
Source: Forbes - 🏆 394. / 53 Read more »
Stock futures tumble on Apple's China warning ahead of earnings seasonU.S. stock index futures fell sharply on Thursday after Apple Inc stunned invest... Tariffs = Winning!!!! And they will get worse. Convert to cash now. Another trump mess
Source: Reuters - 🏆 2. / 97 Read more »
SoftBank has slashed a planned $16 billion mega-investment in WeWork after facing objections and will now invest $2 billionThe Japanese tech investor will put just $2 billion into WeWork, down from plans to invest $16 billion, according to the Financial Times. Wamp wamp! 🚨📉🕳
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here’s why the stock market’s big bounce doesn’t mean investors will outrun the bearVolatility doesn’t take a holiday. Our call of the day says investors need to be prepared to ride these markets out for many miles before a bottom is in and we can see a resumption of that uptrend. Was watching the DJI on YahooFinance live... It ain't pretty New_Narrative Investing in stocks with unstable boy genius in the WH is like playing Russian roulette. JustDont
Source: MarketWatch - 🏆 3. / 97 Read more »
'Big Short' investor Eisman sees danger looming in corporate bond marketSteve Eisman, immortalized in the Michael Lewis book 'The Big Short,' is the latest to issue a warning about the company debt at the lowest rung of the investment-grade level. I been saw it over the summer lika 10 trillion dollar debt bomb💣💥
Source: CNBC - 🏆 12. / 72 Read more »
Bob Greifeld: Investors should focus on fundamentals, not day-to-day market volatilityBob Greifeld, former Nasdaq chairman and CEO and current chairman at Virtu Financial, joins CNBC's 'Squawk on the Street' team to share what he's watching in the markets on the penultimate trading day of 2018. That’s correct, assuming you’re not a long only manager or buy and hold investor who over-weighted equities b/c you know... stocks only go up. All a good trader wants is Volatility! Clearly he is short Apple, Salesforce, Microsoft, etc...so yeah, not bad for him I guess. Ugh👎🏻😠
Source: CNBC - 🏆 12. / 72 Read more »