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Jesse Pound’s Posts
Growth in Microsoft’s cloud computing segment could fuel a big run for the software giant in 2020, according to Bank of America.
Last year’s Christmas Eve saw a major sell-off, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq all falling by more than 2%.
Daily fantasy sports company and bookmaker DraftKings is merging with a special purpose acquisition company, allowing it to become public while forgoing the typical IPO process.
Nearly 100 Fortune 500 companies effectively paid no federal taxes in 2018, according to a new report.
Goldman Sachs is bullish on equities next year, predicting a 7% gain for the S&P 500, but one topic is raising questions among its clients and has the bank concerned about volatility and downside risk.
A top antitrust official at the Department of Justice said Tuesday that “a couple of dozen states” are interested in investigating Big Tech for antitrust concerns.
Shares of Deere fell on Friday after the equipment company missed earnings expectations for its fiscal third quarter and lowered guidance for the full year, saying farmers were delaying purchases because of uncertainty around the trade war.
Warren Buffett’s Berkshire Hathaway has lost more than $5 billion this year on its investment in Kraft Heinz as the packaged food company’s stock has continued to tumble.
The president of the Committee for a Responsible Federal Budget said the proposed deal to raise the debt ceiling and spending caps may be the worst budget deal ever and represents a bipartisan “abdication of responsibility.”
Republican Sen. Kevin Cramer praised House Speaker Nancy Pelosi’s work on the debt ceiling, telling CNBC on Friday that the final deal “doesn’t need to be perfect.”
President Donald Trump’s executive order on kidney care will be a boon to a transplant diagnostics company, according to Raymond James.
Southwest Airlines announced Thursday that it is, once again, pushing back the reintroduction of the Boeing 737 Max to its flight schedule as the industry awaits regulatory clearance to get the troubled jets flying again.
Shares of Bristol-Myers Squibb fell 7% Monday after the pharmaceutical giant announced that the proposed acquisition of Celgene will now close later than originally expected and will involve a divestiture of Celgene’s psoriasis drug.
The U.S. trade representative’s office has reportedly denied electric car maker Tesla’s requests to waive tariffs on the car company’s China-made center screen and car computer on its Model 3.