From the Department of Commerce reported:The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $56.6 billion in January, up $2.7 billion from $53.9 billion in December, revised.... Show More Summary
Apple is set to release a revamped iPad Pro that borrows features of the iPhone X, according to a report by Jun Zhang of Rosenblatt, which he thinks could offset some of the weaker-than-expected sales of the iPhone X that he believes he's observing.
From ADP: Private sector employment increased by 235,000 jobs from January to February according to the February ADP National Employment Report®.... The report, which is derived from ADP’s actual payroll data, measures the change inShow More Summary
INTERNATIONAL - Zimbabwean coffee was once known for its high-quality, sweet, citric, chocolatey profile. But it’s been almost 20 years since it all but disappeared from the world stage and the country lost one of its most promising industries. Show More Summary
Broadcom pledges to "focus" Qualcomm's investment as its deal is scrutinized, Apple's iPhone X sales continue to disappoint claims Rosenblatt, Autodesk surges on metrics the Street likes despite a lower forecast, Netflix is great but...Show More Summary
JOHANNESBURG - A Zambian community-based clean up campaign is boosting waste recycling efforts in the southern African state while encouraging entrepreneurship among residents. The Manja Pamodzi initiative is helping to clean up post-consumer...Show More Summary
Netflix has brighter and brighter prospects for adding subscribers overseas, concludes Scott Devitt of Stifel Nicolaus, but it's all in the stock price at this point, as he cuts his rating to a hold.
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 8:15 AM, The ADP Employment Report for February. This report is for private payrolls only (no government). Show More Summary
INTERNATIONAL - Google’s artificial intelligence technology is being used by the U.S. Department of Defense to analyze drone footage, a rare and controversial move by a company that’s actively limited its work with the military in the past. Show More Summary
After being slammed by the Treasury Department in a letter that said it cuts investments when it acquires, Broadcom replied with a defense of its approach to things, offering a "pledge" to focus Qualcomm's R&D where it can be most meaningful, if it is allowed to proceed in its hostile bid for the chip maker.
From housing economist Tom Lawler: Population Outlook: Uncertainty Not Just Related to Immigration Assumptions, But Also Death RatesIn its latest “Tip Sheet” Census said that it will release new long-term population projections sometime this month. Show More Summary
On Tuesday, the embattled social network and its WhatsApp and Instagram units were sued by BlackBerry for allegedly infringing patents and pilfering intellectual property from BlackBerry Messenger technology.
Stocks struggled to a mixed finish as some of investors' worst fears about escalating trade tensions ebbed, the AP reports. The market spent much of the day lower Wednesday following the departure of Gary Cohn, the top economic adviser to President Donald Trump. Cohn had opposed the administration's planned tariffs...
INTERNATIONAL - The producer of the "Wolf of Wall Street" agreed to pay $60 million to settle claims it financed the movie with money siphoned from a Malaysian state investment fund. The settlement between the U.S. Justice Department...Show More Summary
I view companies and entrepreneurs through my own lens, and have been developing my investment thesis for some time. Recently I have been thinking more about the software (vs. the wetware). Specifically, thinking through services that use algorithms as a “lock in” mechanism. Show More Summary
Notes: This CoreLogic House Price Index report is for January. The recent Case-Shiller index release was for December. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA).From CoreLogic: CoreLogic Reports Home Prices Rose More Than 6 Percent Year Over Year for the Sixth Consecutive Month in JanuaryCoreLogic®... Show More Summary
Healthcare and how it’s provided in the United States has been a hot-button issue for years. At times, people are left with few options or, worse, options they can’t afford. But there may be a solution out there that you haven’t heard of — and you haven’t heard of it because the insurance companies don’t […]
Design software maker Autodesk, which makes programs for things such as managing architectural projects and product prototyping, saw its stock surge in late trading after its quarterly results beat, although its forecast for this quarter and for the full year came up short.
US Steel Corp says it will soon restart a blast furnace in Illinois that has been cold for over two years thanks to the 25% tariff on imported steel announced by President Trump last week, Politico reports. US Steel President David Burritt blames "unending waves of unfairly traded steel products"...
INTERNATIONAL - Google has announced that it has integrated its search engine on iOS devices. This means that the Google Search app for iOS has been added as an iMessage extension. Users can now search for and share things like videos, businesses, and more when messaging their contacts on iMessage. Show More Summary