Finance

The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Intel Karen Finerman was a buyer of Lowe’s Dan Nathan was a buyer of Twitter Guy Adami was a buyer of Ralph Lauren Trader disclosure: On August 9, 2018 the following stocks and commodities mentioned or intended
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Intel’s chip manufacturing technology issues are a big problem, according to Goldman Sachs. The firm lowered its rating to sell from neutral for Intel shares, citing its repeated delays in moving to its next generation chip process technology. “We see Intel’s struggles with 10nm process technology having ramifications in terms of its competitive position –
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Check out the companies making headlines after the bell: Tesla‘s stock rose more than 3 percent during after-hours trading after a CNBC report that the Tesla board plans to tell Elon Musk to recuse himself from a board review of his proposal to take the company private. Sources familiar with the matter said the electric
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A difficult week for bitcoin investors may get much worse, according to Renaissance Macro Research. The firm’s head of technical research, Jeff deGraaf, said he would recommend betting against bitcoin if the cryptocurrency broke through its key year-to-date support level. “Parabolic moves are notoriously dangerous for short‐sellers … Usually a top develops that often appears
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“Funding secured.” Those two words, tweeted by Tesla CEO Elon Musk, sent investors into a frenzy Tuesday. Who has promised Musk tens of billions of dollars to take his cash-burning company private? tweet Twenty-four hours after Musk’s first tweet, Tesla has twice declined comment to CNBC on where the funding is coming from. The company
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Southwest Airlines could be next on Warren Buffett’s shopping list, according to Morgan Stanley. “Investors have flirted with a BRK-LUV combination for some time. Our screen for potential airline acquisitions by BRK suggests LUV would be a good strategic fit,” Morgan Stanley analysts Kai Pan and Rajeev Lalwani said in a joint note entitled “Should
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of Twitter Karen Finerman was a buyer of Michael Kors David Seaburg was a buyer of Ethereum Classic Guy Adami was a buyer of Advanced Micro Trader disclosure: On August 7, 2018 the following stocks and commodities mentioned
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With the trade war causing market volatility and central banks on a mission to tighten monetary policies, wealth managers are calling for a shift in investing strategies. Still, they predicted that investors will likely face lower returns ahead. Rainer Michael Preiss, executive director at Taurus Wealth Advisors in Singapore, pointed to how the environment is
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Check out the companies making headlines after the bell: Snap stock rose as much as 11 percent in the extended session after reporting a smaller-than-expected loss of 14 cents per share for the second quarter, 3 cents less than the 17 cent loss per share expected by Wall Street. It also reported revenue for the
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