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News, Trading, Uncategorized

Tesla slips after Elon Musk announced lower-cost Model 3 (TSLA)

October 19, 2018

Via: Business Insider

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]


News, Trading, Uncategorized

Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housing

October 18, 2018

Via: CNBC Finance

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]


Industries, Others, Uncategorized

This Is What the Fastest Growing Emerging Economies Have in Common

October 17, 2018

Via: Fortune

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]


News, Uncategorized

Facebook shares dive 19%, shedding $120 billion in market capitalization

July 26, 2018

Via: USA TODAY

SAN FRANCISCO — Facebook shares dove 19 percent Thursday, with the social networking giant shedding about $120 billion in market value after the company warned of slowing sales growth. The decline marked Facebook’s largest stock market decline ever, eclipsing a […]


News, Uncategorized

How the US economy is doing now in four charts

July 25, 2018

Via: CNN

On Friday, his prediction might come true — albeit briefly. Economists are projecting the gross domestic product will have grown between 4.1% and a whopping 4.9% when the second quarter estimate is released, up from 2% in the first quarter. […]


Energy, Finance Tech, Industries, Trading, Uncategorized

Oil prices climb as upbeat economic data raise demand expectations

December 11, 2017

Via: Market Watch

Oil prices edged higher Monday as upbeat economic data helped to raise expectations for crude demand, offsetting some pressure from concerns over growing U.S. production. On the New York Mercantile Exchange, January West Texas Intermediate crude CLF8, +0.63% tacked on […]


Industries, Others, Uncategorized

Americans Spent an Extra $7.1 Billion in Baggage and Change Fees Last Year

September 21, 2017

Via: Fortune

Flying is already pricy, but Americans spent an extra $7.1 billion in baggage and flight change fees alone last year, according to a report from the Government Accountability Office (GAO). The report also showed that revenue from the two optional […]


News, Uncategorized

Investors are now a lot more worried about a geopolitical crisis

November 17, 2015

Via: Business Insider finance

Of all the possible fears out there, one has increased the most for investors in the past month – geopolitical risk. According to Bank of America Merrill Lynch’s monthly fund survey, a geopolitical crisis is the biggest tail risk for […]