Markets


The First Boring Company Tunnel Under LA is Almost Done The First Boring Company Tunnel Under LA is Almost Done
- May 11, 2018

Last year Musk talked about a 2 mile proof of concept tunnel. The tunnelling startup is going full steam ahead though, and the firm wants to expand the network beneath LA. It runs under LA and heads towards LAX with SpaceX having its own entrance to the tunnel. He said the system will not have any big subway stations and instead will have "thousands of small stations the size of a single parking space that take you very close to your destination & blend seamlessly into the fabric of a city". (more...)
AT&T's Top Washington Official Out Over Hiring of Trump's Lawyer
- May 11, 2018

Daniels, whose real name is Stephanie Clifford, has said Cohen paid her $130,000 in October 2016 to stay quiet about a 2006 sexual encounter she had with Trump. Cohen was paid $50,000 per month by AT&T through a company called Essential Consultants, which was the same company that paid porn star Stormy Daniels her hush-money. (more...)
WestJet pilots vote in favour of strike action after contract talks stall WestJet pilots vote in favour of strike action after contract talks stall
- May 11, 2018

Out of approximately 2000 WestJet and WestJet Encore pilots represented by the Air Line Pilots Association (ALPA), 95 percent cast a ballot in their vote to strike. WestJet's Canadian counterpart, Air Canada, will be adding additional frequencies on domestic trans-continental routes to help cover the gap that could be left as a result of ongoing negotiations between WestJet and their pilots. (more...)
South Korea Police Raids Country's Leading Cryptocurrency Exchange, Suspects Fraud South Korea Police Raids Country's Leading Cryptocurrency Exchange, Suspects Fraud
- May 11, 2018

After the prosecution's raid became known, the prices of most cryptocurrencies traded on Upbit plunged. Volume on local exchanges soared at the end of previous year, with Bitcoin and other tokens fetching large premiums in the country relative to global markets. (more...)
FCC issues record $120 million robocall fine FCC issues record $120 million robocall fine
- May 11, 2018

The fine was based on 80,000 spoofed calls the commission had verified. The agency had previously proposed the fine in 2017 but is now coming through on its promise to reprimand Abramovich. In April, he told a Senate panel that he was "not the kingpin of robocalling that is alleged". Consumers get almost 2.5 billion robocalls a month. Last year, commissioner Mignon Clyburn said it would be "one of the biggest understatements I have made in years" to say Ambramovich's case was extremely ... (more...)
Nvidia reports increase in revenue for Q1 fiscal 2019 Nvidia reports increase in revenue for Q1 fiscal 2019
- May 11, 2018

SunTrust Banks reiterated a "buy" rating and set a $305.00 price objective (up from $253.00) on shares of Nvidia in a research note on Friday, February 9th. Finally, Argus raised their price objective on Nvidia from $250.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, March 22nd. (more...)
Alberta rolls out $1.2 million pro-pipeline ad campaign Alberta rolls out $1.2 million pro-pipeline ad campaign
- May 11, 2018

The Federal Court of Appeal previously rejected appeals from the city and from the provincial government in March. "We don't believe the federally appointed NEB is the right place to review municipal processes", says Burnaby Mayor Derek Corrigan. (more...)
Today May 10 iShares MSCI Philippines ETF (EPHE) Rises 1.57%
- May 11, 2018

CCI generally measures the current price relative to the average price level over a specific time period. The two moving lower in close proximity indicates consolidation, and no clear trend. When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. ADX calculations are made based on the moving average price range expansion over a specified amount of time. (more...)
Investors price in chance BoE rates on hold until 2019 Investors price in chance BoE rates on hold until 2019
- May 11, 2018

Last November, the bank raised its main interest rate for the first time in a decade, taking back the rate cut it enacted in August 2016, in the immediate aftermath of Britain's surprise vote to leave the European Union. Minutes to the meeting show the majority of rate-setters preferred to wait to raise rates to "discern whether the softness in the first quarter might persist". (more...)
Apple Pay Credit Card With Goldman Sachs In The Works Apple Pay Credit Card With Goldman Sachs In The Works
- May 11, 2018

Goodwin Daniel L reported 6,000 shares. Duncker Streett And Commerce owns 9,957 shares for 0.65% of their portfolio. Pacifica Capital Investments Llc owns 105,554 shares or 13.16% of their USA portfolio. By selling 12,361 shares Essex Investment Management Co Llc made the stock sank with 4.52%. The stock increased 0.77% or $1.8589 during the last trading session, reaching $243.5889. (more...)
Policeman Chokes, Slams A Black Man Outside A Waffle House Policeman Chokes, Slams A Black Man Outside A Waffle House
- May 11, 2018

The officer told Wall to put his hands behind his back. According to reports , Wall and his little sister had an argument with Waffle House employees, but it's unclear what the argument was about or who called the police. While Wall is screaming at the officer, the bystander filming the altercation is heard repeatedly saying that the officer is "not supposed to be doing that". (more...)
Saudi Arabia, Gulf Allies Join Israel in Backing US Iran Move Saudi Arabia, Gulf Allies Join Israel in Backing US Iran Move
- May 11, 2018

Hence, the more diplomatic approach taken by the former Obama administration towards Saudi Arabia is over - in other words, it is the convergence of Washington and Riyadh once more. "We are trying to avoid at all costs direct military action with Iran , but Iran s behavior such as this can not continue. The consequences could be severe", said Joost Hiltermann, Program Director, Middle East and North Africa at The International Crisis Group. (more...)
Stock within investor Spotlight: Match Group, Inc. (MTCH) Stock within investor Spotlight: Match Group, Inc. (MTCH)
- May 11, 2018

ROE (Return on equity) was recorded as -4.40% and HAL's has Return on assets (ROA) of -1.50% while Return on Investment (ROI) was recorded as 5.20%. The firm had revenue of $379.00 million for the quarter, compared to analyst estimates of $362.86 million. (more...)
Helios and Matheson Analytics Inc. (HMNY)- Performance Assessment Buzzers on Charts Helios and Matheson Analytics Inc. (HMNY)- Performance Assessment Buzzers on Charts
- May 10, 2018

Investors may also view volume levels when the stock price is nearing significant support or resistance levels, in order to confirm a breakout in either direction. Although market capitalization is key to consider, don't invest (or not invest) based exclusively on it. The company's hope is that it will find a way to earn revenue from its more than 2 million subscribers via advertising, partnering with theatres or exploiting the data it collects about cinema buffs. (more...)
Crude oil futures climb 2.90 percent on global cues Crude oil futures climb 2.90 percent on global cues
- May 10, 2018

Oil prices were still on track for their fourth consecutive quarterly gain, the longest such stretch for more than 10 years, boosted largely in the past month by fears of disruption in supplies from Iran, which pumps about 4 percent of the world's oil and exports about 450,000 barrels per day (bpd) to Europe and around 1.8 million bpd to Asia. (more...)
Hundreds of women volunteering to build affordable housing Hundreds of women volunteering to build affordable housing
- May 10, 2018

Cape Fear Habitat for Humanity Director of Development Lynne Wooten said she is proud to be a part of something special. "We are very unique that we have such a strong crew of incredible women that build with us throughout the year and actually build houses, so when I say we are doing our eighth house, they built nearly 10 percent of our homes". (more...)
Leader comment: A unfortunate stain on Trump's reputation Leader comment: A unfortunate stain on Trump's reputation
- May 10, 2018

Players learned of the ban on the iconic Scottish fizzy drink when staff at Trump Turnberry refused to provide it for a competition. The five-star resort on the Ayrshire coast has recently benefited from a £200 million (US$270.64 million) upgrade, which is believed to have included hundreds of thousands of pounds spent on carpets. (more...)
Uber Unveils 'Flying Car' Prototype for Aerial Taxi Service Uber Unveils 'Flying Car' Prototype for Aerial Taxi Service
- May 10, 2018

Boeing and Airbus have air taxi projects, and Larry Page, co-founder of Google, backs a company called Kitty Hawk, which shared a video of its flying taxi concept last year-though it looks more like a flying Jet Ski. Uber released a prototype of the flying taxis Tuesday at the Uber Elevate Summit 2018 in Los Angeles . "We think cities are going to go vertical in terms of transportation and we want to make that a reality", Dara Khosrowshahi told CBS News' Bianna Golodryga. (more...)
Liberty Braves Group (BATRA) Gets an Upgrade to a "Underweight" Rating
- May 10, 2018

Meeder Asset Management Inc. boosted its position in Liberty Media by 298.6% during the fourth quarter. J. Goldman & Co LP now owns 740,366 shares of the technology company's stock valued at $29,363,000 after purchasing an additional 99,382 shares in the last quarter. (more...)
High Court ruling over dual citizenship sees resignation of Senator Katy Gallagher High Court ruling over dual citizenship sees resignation of Senator Katy Gallagher
- May 10, 2018

Dual citizens are ineligible for election to federal parliament under Australia's 117-year-old constitution and the decision is likely to render three other lawmakers in similar predicaments ineligible as well. There will be two by-elections in Western Australia. Like Ms Gallagher, who was born in Ecuador to British parents, the four had begun applying to British authorities to renounce their citizenship but the process was not completed before the election. (more...)