Business

Bullish Chart Formation for Amazon.com, Inc. (AMZN) After Forming Wedge Up

Bullish Chart Formation for Amazon.com, Inc. (AMZN) After Forming Wedge Up It has outperformed by 45.78% the S&P500. Vgi Partners Pty Ltd increased its stake in Amazon Com Inc ( AMZN ) by 2.83% based on its latest 2017Q3 regulatory filing with the SEC. As per Friday, January 12, the company rating was maintained by SunTrust. Moreover, South Dakota Investment Council has 0.1% invested in Genesee & Wyoming Inc. [Full Article...]

Elon Musk's life-size LEGO bricks will let you rebuild the pyramids

Elon Musk's life-size LEGO bricks will let you rebuild the pyramids Musk said on Twitter that his tunnelling project, The Boring Company , would soon begin re-selling rocks they excavated as "LEGO-like" bricks, and that the first set would be ancient-Egypt themed. The bricks aren't yet listed online for purchase, and Musk did not include a timeline for ordering or delivery of the bricks, though he said they would be available worldwide. [Full Article...]

Lowe's CEO Niblock to retire

Lowe's CEO Niblock to retire The stock increased 0.97% or $0.49 during the last trading session, reaching $51.17. About 4.52 million shares traded. Lowe's Companies, Inc . (NYSE: LOW ) has risen 5.92% since March 26, 2017 and is uptrending. State Bank Of Montreal Can reported 7,642 shares stake. Busey accumulated 134,317 shares. Aqr Limited Liability Company holds 0.23% of its portfolio in Lowe's Companies, Inc . [Full Article...]

Sebastian Ingrosso Confirms Swedish House Mafia Reunion At Ultra Tonight

Sebastian Ingrosso Confirms Swedish House Mafia Reunion At Ultra Tonight They played an unannounced headlining set in celebration of Ultra Music Festival's 20th anniversary . Returning to the stage, the DJs said , "I am Axwell , I am Sebastian Ingrosso , and I am Steve Angello . They played hits likes Don't You Worry Child, Greyhound , Save the World and Miami 2 Ibiza before closing out with One (Your Name). The set is unsurprisingly filled with both Axw... [Full Article...]

AAA: Gas prices up by 3 cents in RI

AAA: Gas prices up by 3 cents in RI For Charlottesville, prices increased by one cent since Friday and are up 31 cents over previous year. "Overall, gas prices this spring will come in some 10-25% higher than a year ago, removing billions of dollars from other areas of the economy that will instead be funneled to the pump". [Full Article...]

Dana sweetens offer for GKN's auto business

Dana sweetens offer for GKN's auto business The company's boss, Jonathan Collins, said the announcement "demonstrates our support for investors", and added that the "increase in our share repurchase program illustrates further confidence in our ability to unlock the value of this combination, including $235m (£174m) of synergies". [Full Article...]

Spotify forecasts 92-96M paying users by year-end, against Apple's current 36M

Spotify forecasts 92-96M paying users by year-end, against Apple's current 36M Now it turns out that around two million people were using this version of the app to skirt around paying for Spotify Premium. Well, according to their IPO filing , over 2 million users were doing it, accounting for over 2% of its free subscriber base. [Full Article...]

Shanghai crude oil futures roar into action as Glencore bags 1st trade

Shanghai crude oil futures roar into action as Glencore bags 1st trade After an initial surge in volume that outpaced overnight transactions in global benchmark Brent crude in London, trading tapered off toward the end of the session and the contract closed at 429.9 yuan a barrel ($68.22). Glencore's early involvement was a morale boost to the fledging market, but state-controlled oil majors like PetroChina and Sinopec are expected to provide a significant amount of ... [Full Article...]

Telstra 'misled customers by charging for unwanted products'

Telstra 'misled customers by charging for unwanted products' The ACCC had commenced action against Telstra over the PDB service in the Federal Court under a delegation of power from ASIC. 'Many Telstra customers paid for content they did not want, did not use, and had difficulty unsubscribing from, ' Australian Competition and Competition Commission Chairman Rod Sims said. [Full Article...]

Sensex up 470 points, Nifty above 10100 on support by bank shares

Sensex up 470 points, Nifty above 10100 on support by bank shares Over the last week, the BSE Sensex recorded a fall of 579.46 points, or 1.75 per cent. Asian stocks plunged on Monday after a sell-off on Wall Street, extending the global rout as panicky investors fret over trade war between the U.S. "We continue with our view that we may see good trading opportunities in individual stocks in this truncated week and hence, traders are advised to continue focu... [Full Article...]

Mark Zuckerberg Asks For Forgiveness With A Full-Page Newspaper Ad

Mark Zuckerberg Asks For Forgiveness With A Full-Page Newspaper Ad The logging of calls and text history has been an opt-in feature in Messenger since 2015 and in Facebook Lite. "This helps you find and stay connected with the people you care about, and provides you with a better experience across Facebook". [Full Article...]

Facebook losing trust as firm uses ads to apologize: polls

Facebook losing trust as firm uses ads to apologize: polls The social network, which boasts 2.2 billion active users, has issued adverts in major United Kingdom and USA newspapers apologising for their " breach of trust ". "You may have heard about a quiz app builty by a university researcher that leaked Facebook data of millions of people in 2014". The apology also reiterated that Facebook had already changed its data collection rules, and that it wa... [Full Article...]

Uber to sell South-east Asian operations to Grab

Uber to sell South-east Asian operations to Grab Uber declined comment and Grab was not immediately available for a comment. As part of the transaction, Uber would get a stake of as much as 30 per cent in the combined business, the source said. "It will help us double down on our plans for growth as we invest heavily in our products and technology to create the best customer experience on the planet", he said in a statement. [Full Article...]

How Facebook likes could profile voters for manipulation

How Facebook likes could profile voters for manipulation This is all well and good, but the bottom line is just this: Facebook collects an inordinate amount of data on you and freely shares this data with virtually anyone who asks. A personal assistant to Nigeria's President Muhammadu Buhari has responded to reports of Cambridge Analytica's involvement in the country's 2015 election, retweeting an image of a dejected-looking former leader Goodluck Jon... [Full Article...]

Stocks post worst week in 2 years as trade war rhetoric escalates

Stocks post worst week in 2 years as trade war rhetoric escalates Excluding a spike in orders for transportation equipment, durable goods orders still climbed by 1.2 percent in February after edging down by 0.2 percent in January. The index slumped to its lowest closing level in well over three months. The Nasdaq is still 3 percent in the black despite taking a beating this week. [Full Article...]

Diamond Watches, MF Hussain Paintings Seized At Nirav Modi's Mumbai House

Diamond Watches, MF Hussain Paintings Seized At Nirav Modi's Mumbai House Hussain, K.K. Hebbar and Amrita Shergil. The central probe agency has filed two money laundering FIRs against Modi and his uncle Choksi, the Gitanjali Gems promoter, to probe the PNB fraud. Both the ED and CBI have summoned Modi and Choksi, but they are yet to appear before the agencies. A Mumbai special court has issued non-bailable warrants against them on the request of the ED. [Full Article...]

The 440 Investment Group LLC Grows Position in Amazon.com, Inc

The stock decreased 2.11% or $0.71 during the last trading session, reaching $33. About 8.01 million shares traded or 46.24% up from the average. Headlines about Amazon.com (NASDAQ:AMZN) have trended somewhat positive this week, Accern reports. [Full Article...]

Air India flight given warm welcome at Israel airport

Air India flight given warm welcome at Israel airport Saudi Arabia and Israel have no official diplomatic relations, but ties between the two countries have been improving over the shared goal of countering Iranian influence. The direct route was first announced by Air India in February. "Such approval, which was granted by the state of Israel, gives a significant and unfair advantage to a foreign airline and is contrary to any principle of reci... [Full Article...]

Comprehensive Stock Analysis Of Facebook, Inc. (FB)

Comprehensive Stock Analysis Of Facebook, Inc. (FB) The company's stock had a trading volume of 52,306,891 shares, compared to its average volume of 34,448,280. Personal Capital Advisors Corp increased its holdings in shares of Facebook by 8.2% in the 4th quarter. Facebook stock is pacing for a second straight close beneath its 200-day moving average - which hasn't happened since January 2017 - and a third straight down day. [Full Article...]

Bill Gates spoke the truth on Nigeria economy - Ben Bruce

Bill Gates spoke the truth on Nigeria economy - Ben Bruce Mr. Gates said the Foundation was working with other partners to extend its current vaccine financing programme in Nigeria from five to ten years. " To anchor the economy over the long term, investments in infrastructure and competitiveness must go hand in hand with investments in people ". [Full Article...]


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