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Nvidia, Xilinx Stocks Upgraded To Buy On Artificial Intelligence

Nvidia, Xilinx Stocks Upgraded To Buy On Artificial Intelligence

A Wall Street brokerage on Tuesday upgraded chip stocks Nvidia and Xilinx to positive from neutral on their prospects in artificial intelligence. Both stocks climbed on a good day for tech.

  • Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted
    World
    Bloomberg

    Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted

    After any normal voyage the tanker would quickly deliver its 700,000 barrels of Russian crude into a refinery for processing into gasoline, diesel and other petroleum products. Back in April, unusually high levels of the chemicals known as organic chlorides were discovered in Russian crude flowing through the giant Druzhba pipeline, built in the 1960s to carry crude from the U.S.S.R. to allied countries in Eastern Europe. The chlorides can severely damage oil refineries and on April 24 Russia's state pipeline operator, Transneft PJSC, halted shipments.

  • Why I Just Bought Tesla Stock
    Business
    Motley Fool

    Why I Just Bought Tesla Stock

    Tesla (NASDAQ: TSLA) bears are rejoicing. Shares of the electric-vehicle maker fell to below $200 for the first time in more than two years, as the company got thwacked by a series of negative analyst notes and concerns about the company's liquidity after CEO Elon Musk warned his staff that Tesla would be out of cash in 10 months if it didn't make "hardcore" cost cuts. Tesla bears responded enthusiastically, calling for the company's demise across social media and elsewhere.

  • Business
    Fox Business

    Average 401(k) balance by age group: See how your retirement savings compare

    This could, in part, be due to a noticeable bump in employer contributions — which are continuing to increase in 2019. "The average 401(k) employee contribution amount, in dollars, reached a record level of $2,370 in Q1, a 15% increase over one year earlier. In addition, the average 401(k) employer contribution, or company match, reached $1,780 in Q1, a record high and a 6% increase from one year earlier," Fidelity stated in a May report.

  • This Map Shows The Average Credit Score In Every State
    Business
    HuffPost Life

    This Map Shows The Average Credit Score In Every State

    Credit reporting agency Experian sought to find out with their latest State of Credit report, which examined today's consumer credit behaviors ― including how credit scores break down for each U.S. state. As part of the annual study, Experian compared credit scores by state and ranked them by their average score in 2018. The top five states were Minnesota, South Dakota, Vermont, New Hampshire and Massachusetts, with average credit scores of 703 or higher.

  • Huawei Seeks $1 Billion in First Big Funding Test After U.S. Ban
    Business
    Bloomberg

    Huawei Seeks $1 Billion in First Big Funding Test After U.S. Ban

    Huawei Technologies Co. is seeking about $1 billion from a small group of lenders, its first major funding test after getting hit with U.S. curbs that threaten to cut off access to critical suppliers. The world's largest provider of networking gear is seeking an offshore loan in either U.S. or Hong Kong dollars, said people familiar with the matter, who asked not to be identified discussing private information. The company is targeting maturities of five and seven years, the people said.

  • Business
    Barrons.com

    Blue Apron Is Planning a Reverse Split. Here’s What It Might Mean.

    (APRN) said last Monday it's pursuing plans for a reverse stock split of its Class A and Class B shares. On Friday, the shares were hovering around 70 cents, down 93% from its initial offering price of $10. As opposed to a stock split, which divides one share into many, usually at a lower value each, a reverse stock split means existing shares are consolidated into fewer—in theory, proportionally more valuable—shares.

  • Warren Buffett has just about given up on beating the S&P 500
    Business
    MarketWatch

    Warren Buffett has just about given up on beating the S&P 500

    Warren Buffett, one of the most successful stock pickers of all time, really wants you to stop picking stocks. Asked whether he would recommend investing in the S&P 500 (SPX) or his own company, Berkshire Hathaway (BRK)(BRK) Buffett called it a draw. “I think the financial result would be very close to the same,” Buffett said.

  • How China could use its massive US debt holdings as a trade war weapon
    Business
    CNBC Videos

    How China could use its massive US debt holdings as a trade war weapon

    China is currently the largest holder of U.S. government debt. It now owns $1.12 trillion in U.S. Treasury bonds. If China decided to sell off its U.S. government debt holdings as a form of retaliation in the ongoing trade war with the U.S. and President Donald Trump, it could upend global financial markets and drive U.S. interest rates higher.

  • How AT&T’s Technical Indicators Compare to Its Peers’
    Business
    Market Realist

    How AT&T’s Technical Indicators Compare to Its Peers’

    Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Moving averages Recently, AT&T (T) rose above its 20-day moving average, suggesting a bullish sentiment in its stock. On May 21, AT&T stock closed the

  • Business
    Barrons.com

    Nelson Peltz’s Trian Sells $64 Million of General Electric Stock

    Nelson Peltz's Trian Fund Management disclosed late Friday that it has sold about 9.4% of its (GE) stock investment. Trian subsidiaries sold 6.66 million GE shares from May 22 through 24 for a total of $64.2 million, an average per-share price of about $9.64. According to a form the hedge fund filed with the Securities and Exchange Commission, it now owns a total of 64.2 million GE shares.

  • Business
    SmarterAnalyst

    Love or Hate Aurora Cannabis (ACB) Stock, That’s Where the Money Is

    Aurora Cannabis (ACB) is a stock that is usually either loved or hated. It took me a while to figure out what all the hate was directed toward the company by some, and I finally figured out what it was: Aurora doesn't do business in the same way as its competitors, or like many other companies. There are several aspects related to the general strategy of Aurora Cannabis management, led primarily by the aggressive use of its stock to rapidly grow and expand its business.

  • 3 Dividend Stocks That Are Perfect for Retirement
    Business
    Motley Fool

    3 Dividend Stocks That Are Perfect for Retirement

    However, analysts also expect its earnings to rebound next year as it reins in its spending and reaps the gains from big e-commerce investments like Flipkart, the Indian e-commerce giant it acquired last August. Walmart currently pays a forward dividend yield of 2.1%, and it's hiked that payout annually for 44 straight years -- making it an ideal income generator for retirees. It also regularly repurchases its shares (spending $2.1 billion on buybacks in the first quarter alone), which tightens up its valuations over the long term.

  • Will Xilinx Survive the U.S.-China Trade War?
    Business
    Motley Fool

    Will Xilinx Survive the U.S.-China Trade War?

    It capped off a fantastic year for the company as multiple tailwinds in the auto industry, 5G, and data centers continued to fill its sails and propel business higher. Demand for Xilinx's specialized chips led to another year of exceptionally high gross margin -- especially for the semiconductor industry -- on product sold. As operations grew, expenses were kept in check.

  • Sorry, but you're grilling your burgers wrong, and it could kill you
    Business
    USA TODAY

    Sorry, but you're grilling your burgers wrong, and it could kill you

    As recently as Wednesday, more than 62,000 pounds of raw beef products from Aurora Packing Co. of North Aurora, Illinois, were recalled due to concerns they may be contaminated with E. coli. Four days earlier, Chicago-based Vienna Beef recalled one ton of hot dogs over concerns about metal pieces. April saw ground-beef-related recalls due to possible E. coli tainting — 53,000-plus pounds by Grant Park Packing of Franklin Park, Illinois, and more than 113,00 pounds by K2D Foods, which does business as Colorado Premium Foods out of Carrolton, Georgia.

  • Better Marijuana Stock: HEXO vs. Village Farms
    Business
    Motley Fool

    Better Marijuana Stock: HEXO vs. Village Farms

    HEXO's relationship with Molson Coors arguably could put the company in a top position in this new market. Bank of America analyst Christopher Carey likes HEXO better than any other marijuana stock on the market right now. His top consideration is HEXO's valuation.

  • A Serial Killer Who Murdered 10 Women Has Been Executed in Florida
    U.S.
    Meredith Videos

    A Serial Killer Who Murdered 10 Women Has Been Executed in Florida

    A serial killer who murdered 10 women in 1984 has been put to death.

  • Here’s how stock-market bulls are adjusting to the threat of a protracted trade war
    Business
    MarketWatch

    Here’s how stock-market bulls are adjusting to the threat of a protracted trade war

    Stock-market investors spent the first four months of 2019 penciling in an easy resolution to a U.S.-China trade tiff. “While we, like most investors, are hopeful that a trade deal gets done sooner rather than later, we don't think hoping for the best is the ideal way to invest,” wrote Lindsey Bell, investment strategist at CFRA, in a Thursday note. The Trump administration's subsequent decision to effectively blacklist U.S. companies from doing business with Chinese tech giant Huawei — and the specter of Chinese retaliation — ensured investors began to question their expectations for a relatively painless resolution of the U.S.-China trade spat.

  • The Case for a Combined Sprint and T-Mobile
    Business
    Motley Fool

    The Case for a Combined Sprint and T-Mobile

    Federal regulators look like they will allow T-Mobile (NASDAQ: TMUS) to acquire Sprint (NYSE: S). Yes, technically Sprint and T-Mobile compete with Verizon (NYSE: VZ) and AT&T (NYSE: T), but Sprint has been a distant fourth for a very long time without the cash flow needed to be a real competitor.

  • Kohl's Finally Succumbs to Industry Headwinds
    Business
    Motley Fool

    Kohl's Finally Succumbs to Industry Headwinds

    Kohl's (NYSE: KSS) focus on rotating its products quickly, staying separate from malls with stand-alone stores, and organizing its stores with easy-to-navigate "racetracks" helped it outperform many of its department store peers in the past. Kohl's also reduced its full-year EPS guidance from $5.80-$6.15 to $5.15-$5.45, which implies a 3%-8% decline from 2018. What happened to Kohl's?

  • An Antitrust Lawsuit Could Cost Generic Pharmas Billions Of Dollars
    Business
    Investor's Business Daily

    An Antitrust Lawsuit Could Cost Generic Pharmas Billions Of Dollars

    Teva Pharmaceutical and Mylan could be on the hook for billions of dollars in damages after a lawsuit accused pharmaceutical companies of colluding to fix generic drug prices, an analyst said Friday. SVB Leerink analyst Ami Fadia slashed her price targets on Teva and Mylan stocks. She also trimmed her price targets on fellow pharmaceutical companies Endo and Amneal Pharmaceuticals.

  • This hybrid Social Security plan could help more people save enough for retirement
    Business
    MarketWatch

    This hybrid Social Security plan could help more people save enough for retirement

    Imagine if Social Security were a hybrid system, with one part funded through payroll taxes and another operating similarly to a 401(k) plan. Along with the monthly benefit check that Americans already receive in retirement, retirees would have an additional pool of money to withdraw from, accumulated through years of contributions. Under this system, the fundamentals of Social Security wouldn't change much.

  • Fiat Chrysler may strike Renault deal to survive changing car industry
    Business
    Engadget

    Fiat Chrysler may strike Renault deal to survive changing car industry

    Financial Timessources have claimed that Fiat Chrysler is in advanced talks to create "extensive ties" with Renault to help it cope with a changing industry. It might even join the Renault-Nissan-Mitsubishi alliance in the future, although the tipsters cautioned that nothing was set at this stage. The two sides have already been talking about sharing car platforms, the FT said, although it heard that the discussions are far enough along that they've gone "beyond simply sharing the technology."

  • Facebook is fact checking the 'drunk Nancy Pelosi' video, but won't remove it
    Politics
    Engadget

    Facebook is fact checking the 'drunk Nancy Pelosi' video, but won't remove it

    Facebook won't remove a viral video that purports to show Speaker of the United States House of Representatives Nacy Pelosi slurring her words. Instead, according to a Gizmodo report, the social network will display an article from a third-party fact-checking site that will highlight the fact the video has been edited. Facebook also plans to limit the reach of the video, though it hasn't specified how it will accomplish that.

  • Better Buy: General Electric vs. Boeing
    Business
    Motley Fool

    Better Buy: General Electric vs. Boeing

    Neither stock is worth buying if you don't believe the Boeing 737 MAX is going to get back in service. The grounding of the airplane in the wake of two crashes within six months and the need to upgrade the Maneuvering Characteristics Augmentation Systems (MCAS) software and achieve certification has hit both companies, and if the 737 MAX doesn't get back into service, both companies face a threat to their future earnings prospects. The 737 MAX grounding is a significant threat to Boeing Alongside the Airbus A320 aircraft family, the Boeing 737 family is the workhouse of the civil aviation industry.

  • Near an All-Time Low, Is CenturyLink a Buy?
    Business
    Motley Fool

    Near an All-Time Low, Is CenturyLink a Buy?

    Current fears In the first quarter, CenturyLink's revenue fell 5% year over year, with losses spread over both the enterprise and consumer categories. Management also said that it was exploring a sale of its consumer businesses, as the current team is focused on the enterprise side, where CenturyLink earns about 75% of its revenue. Selling off the consumer business could put a dent in the company's $35 billion debt load, although it would also lower revenue and EBITDA.