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  • Your Trump trade war scorecard, updated

    Your Trump trade war scorecard, updatedIt's finally becoming a real trade war.




  • Stocks soar despite US, China trade war escalation

    Stocks soar despite US, China trade war escalationStocks jumping despite trade war talk heating up




  • Facebook Is JPMorgan's Most Controversial Company in Portfolio

    Facebook Is JPMorgan's Most Controversial Company in PortfolioAfter a turbulent 2018, the world’s largest social media group is in transition as it pushes to feature Instagram’s Stories more prominently on its core platform and roll out stronger privacy tools, JPMorgan analyst Doug Anmuth told clients in a note. Facebook is down more than 26 percent from its recent high less than two months ago. JPMorgan said expenditures will curb what Facebook should earn next year, and the year after that.




  • Brazil diesel subsidy program threatens Petrobras, market -FCStone

    Brazil diesel subsidy program threatens Petrobras, market -FCStoneBrazil could face a diesel shortage at the end of 2018 or state-controlled oil company Petroleo Brasileiro SA may be forced to eat losses on fuel sales thanks to a diesel subsidy program, analyst and broker INTL FCStone said on Tuesday. The program, unveiled in May to halt a truckers' strike over rising diesel prices, set prices too low and has yet to pay out compensation to most diesel importers, FCStone said in a statement. "Private imports are paralyzed, and Petrobras is practically the only agent bringing the product to Brazil," FCStone said.




  • Audi launches electric SUV in Tesla's backyard, with assist from Amazon

    Audi launches electric SUV in Tesla's backyard, with assist from AmazonGerman luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier. The Audi e-tron midsize SUV will be offered in the United States next year at a starting price of $75,795 before a $7,500 tax credit. It is one of a volley of electric vehicles coming from Volkswagen AG (VOWG.DE) brands, as well as other European premium brands including Daimler-owned (DAIGn.DE) Mercedes-Benz, BMW (BMWG.DE), Volvo Cars and Jaguar Land Rover.




  • Red Hat Shares Have Even Upside-Downside Profile, JPMorgan Says In Downgrade

    Red Hat Shares Have Even Upside-Downside Profile, JPMorgan Says In DowngradeDual headwinds — namely middleware deceleration and a softer renewal pattern that impacted Red Hat's first-quarter results — are likely to linger for a few quarters, Murphy said in the downgrade note. The deduction is based on the findings of JP Morgan's Q2 Red Hat partner survey, which painted a mixed picture, with a couple of metrics improving and others deteriorating. If the decelerating trend results in a CY19 EV/FCF range of 20-30 times for Red Hat, the analyst expects the shares to trade in the $120-$180 range for now, equating to an even upside/downside profile.




  • SpaceX’s First Tourists Will Fly Around the Moon for Free Thanks to Japanese Billionaire

    SpaceX’s First Tourists Will Fly Around the Moon for Free Thanks to Japanese BillionaireSee who's the first space tourist to ride SpaceX's BFR.




  • Tesla reportedly faces criminal probe over Elon Musk's st...

    Tesla reportedly faces criminal probe over Elon Musk's st...CNBC's Dominic Chu reports shares of Tesla falling on a Bloomberg story about the automaker potentially facing a criminal probe into CEO Elon Musk's "take private" tweets in August.




  • Piper Jaffray Pro: History Shows AMD Stock Could Fall Nearly 100%

    Piper Jaffray Pro: History Shows AMD Stock Could Fall Nearly 100%If history repeats itself, Advanced Micro Devices, Inc. (NASDAQ: AMD ) investors should brace for a 96-percent crash in the stock, according to Craig Johnson. What Happened AMD  is among the hottest performers ...




  • Apple's new iPhones a slight notch above the X - reviewers

    Apple's new iPhones a slight notch above the X - reviewersThe new iPhones have subtle additions to last year's reimagined iPhone X, the tenth anniversary phone, and do not look very different aside from the ginormous size, several reviewers said. The iPhone XS, pronounced "ten S," and XS Max were launched on Sept. 12. The XS has a 5.8-inch screen, and starts at $999 while the XS Max, the largest iPhone to date has a 6.5-inch screen, with a base price of $1,099.




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