Bill Gates Says Big Tech Companies Shouldn’t Be Broken Up

Microsoft Corp. Co-Founder and former Chief Executive Bill Gates discusses concerns that some lawmakers in Washington have that companies from Alphabet Inc. s Google to Facebook Inc.

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  Geography and gender 'stack the deck' against the poorest in the world, Bill Gates warns

  The Telegraph
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  Bill Gates Says Wind, Solar Subsidies Should Go to Something New

  Bloomberg

The 9 Best Stocks to Buy for the Next Decade

That's what you call “pulling power,” and it's a big reason why AMZN stock will be a winner for the long haul and why it's a top stock to buy for the next decade. Apple (AAPL) You can say what you want about the iPhone maker's best days being behind it, but I have a feeling Apple (NASDAQ:AAPL) will continue to create products people want to buy for years to come. What these products are, I couldn't tell you … What I know is that Apple will continue to generate a huge amount of free cash flow to reward shareholders for their patience and loyalty.

EUR/USD Daily Forecast – Euro Attempts to Hold Above 1.10

A Range May Form Ahead of Fed Meeting With a relatively light economic calendar in the early week, we may see EUR/USD consolidate within a range over the next few days. Much of the recent volatility in EUR/USD came on the back of last week's European Central Bank meeting. The ECB eased policy by sending the interest rate into further negative territory and expanding its quantitative easing program.

AT&T CEO addresses activist investor, 'heir apparent'

AT&T Inc. CEO Randall Stephenson gave a somewhat nuanced take on the push by the activist investor as he addressed succession talk after elevating one of his top lieutenants. “From our view, it's a mixed bag,” Stephenson said during a conference Tuesday hosted by Goldman Sachs. There are some other areas, you look at it, and as you would guess, it's not quite as clear in terms of how that would make sense for us." While saying the board has discussed the letter in-depth, he didn't discount the people at Elliott Management, one of Wall Street's well-known activist investors.

Here's what GM is offering UAW workers on strike

General Motors said its offer to United Auto Workers "builds a stronger future for all," but the roughly 50,000 members on strike want more after walking out on Sunday night. "We presented a strong offer that improves wages, benefits and grows U.S. jobs in substantive ways and it is disappointing that the UAW leadership has chosen to strike at midnight tonight," GM said in a statement Sunday. Talks between the union and GM were tense from the start, largely because GM plans to close four U.S. factories, including the one on the Detroit border with the enclave of Hamtramck, and Lordstown, Ohio.

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  Workers picket GM plants as UAW contract talks resume

  Reuters
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  AP Explains: Why auto workers went on strike against GM

  Associated Press

Bernstein’s Lim Likes China Cyclicals and Domestic Demand Stocks

Joanne Lim, algorithmic and portfolio trader at Bernstein, discusses her outlook for Chinese stocks. She speaks on “Bloomberg Markets: China Open.

Is Cisco Stock A Buy Or Sell Right Now? Here's What Earnings, Charts Show

In its glory days from a 1990 initial public offering through early 2000, Cisco Systems thrived as a major supplier of the hardware to build internet networks, both to large companies and telecom firms. Cisco stock soared more than 100,000% in that period, before the dot.com bubble burst. More recently, after a breakout in October 2017, Cisco stock gained 70% through July 2019.

Blackstone's Steve Schwarzman sees a 'wake-up call' for investors

Private equity chief Stephen A. Schwarzman, the founder of $545 billion Blackstone Group (BX), seems more conservative these days as it gets later in the market cycle. In an interview with Yahoo Finance, he acknowledged that the consumer, which makes up about 70% of the U.S. economy, continues to be strong. But he warned of weakness in manufacturing even as stock and bond prices sit near record highs.

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  YAHOO FINANCE PRESENTS: How Stephen Schwarzman built a private equity empire

  Yahoo Finance
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  US-China trade war effects are a 'net losing strategy': Stephen Schwarzman

  Yahoo Finance

Apple awards iPhone supplier Corning $250 million from U.S. manufacturing fund

Since the first iPhones hit the market in 2007, the glass on every iPhone sold has been produced at Corning's Harrodsburg, Kentucky, plant. Apple and Corning did not disclose the terms of the deal. In the past, Apple has made long-term supply agreements https://www.reuters.com/article/us-apple-finisar/apple-grants-390-million-to-finisar-to-boost-laser-chip-production-idUSKBN1E71EA with its vendors in which it provides upfront cash to lock in supplies of parts and better prices.

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  Apple iPhone 11 Preorders Off To Lackluster Start, Early Data Indicates

  Investor's Business Daily
• Demand for Apple's iPhone 11 appears to be good, especially the new colors

  Mashable

The ‘Secret’ Ingredient Set to Send Marijuana Stocks Soaring

Call it the secret ingredient that compels a stock to move higher. It's discussed in every company analysis and every Finance 101 class. It's available for everyone to see for every publicly traded company.

Former Canopy Growth CEO Bruce Linton takes on new cannabis roles as chairman, investor

Formerly ousted Canopy Growth (CGC) co-founder and co-CEO Bruce Linton has landed a smattering of new roles within the cannabis industry. Just months after being pushed out by a Canopy board that had increasingly become controlled by investor and beer conglomerate Constellation Brands, the cannabis pioneer announced Tuesday that he'll be joining a multitude of smaller companies in advisor capacities, as well as trying his hand as an activist investor in global cannabis consumer packaged goods company Slang Worldwide (SLNG). Most notably, Linton will join Michigan-based Gage Cannabis as executive chairman.

The Bank of America Stock Price Is Finally Heading to $35 and Up

Since early 2018, on four separate occasions, Bank of America (NYSE:BAC) stock has traded up to at least $30 per share. Each time, the BAC stock price has subsequently dropped. Three things are now working in Bank of America's favor: Yields are going the right way, the recession scare triggered by the yield curve inversion has faded, and the bank plans to retire a huge load of BAC stock in coming quarters.

Liz Weston: The 6 biggest retirement mistakes, and 1 defense

One of the biggest retirement mistakes you can make is not realizing what you don't know. I regularly hear from people in or near retirement who misunderstand how Social Security works, dramatically underestimate life expectancies or fail to plan for big expenses, such as long-term care or taxes. These aren't folks looking for advice.

Oil prices need to go this high to push the global economy into recession

a barrel — that would probably be enough to put the global economy in recession,” says Steven Kopits, managing director of energy consulting firm Princeton Energy Advisors. Or, to be on the safe side, let's say the point to get really worried is when prices start surging toward $100. Despite the panicked headlines around the world, Monday's 13% spike in fuel prices left West Texas Intermediate crude oil , the U.S. benchmark, around $62 a barrel.

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  Can the US economy handle $100 crude oil?

  Yahoo Finance
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  Here’s what happened to the global economy the last eight times oil prices have doubled

  MarketWatch