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Almost the entire news cycle for stock markets is devoted to how the trade war has been extremely detrimental for the US economy and that a trade deal could lead to a big rally. To the contrary, one high profile equity strategist is not convinced that the Dow is a buy, or even that Trump’s […]
Twitch streamer Pray4Cthulu gets affiliated after streaming their pet rock for seven days. The streams of the rock, which really is just a lump of sediment with a couple of googly eyes stuck to it, has proved to be incredibly popular with users of the live streaming site. In a post on Twitter, Twitch streamer […]
Netflix may be down but it is not out. A study out from Piper Jaffray shows YouTube surpassing Netflix for the first time as the streaming platform of choice among teens. That does represent a minor defeat for the streaming television and movie giant. But it hardly poses an existential threat to its business model. […]
Futures on the Dow and broader U.S. stock market rose in overnight trading Thursday after President Trump acknowledged that trade talks with China are going very well, fueling hopes of further progress on Friday. Dow Futures Extend Gains; S&P 500, Nasdaq Follow Futures contracts on the top U.S. indexes continued higher Thursday evening. The Dow […]
Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates. The president and CEO of the Fed Bank of Minneapolis was featured in an interview at the Yahoo Finance All […]