Futures surge on hopes of possible US, China talks

Thu, Aug 16, 2018, 8:51 AM

In this article:

Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, Rick Newman, Julia La Roche and Jared Blikre discuss today’s big stories.

Today’s topics include:

US, China set to restart talks to end trade war
SEC reportedly subpoenas Tesla over Musk tweet
US will not remove tariffs against Turkey
Walmart crushes earnings, stock soars
JCPenney stock tanks after miss
Nvidia earnings preview
Amazon mulls UK insurance comparison site: Reuters
CIsco soars after posting huge revenue growth
Best Buy acquiring Jitterbug parent for $800M
Pop-Up museums may change the future of retail

Suze Orman Decided To Drop Homeowners Insurance After An Outrageous Quote: '$28,000 For A 2,100-Square-Foot Condo. Are You Kidding Me?'
Finance expert Suze Orman has voiced concerns about the impact of climate change on property insurance costs, asserting it could threaten the American dream of homeownership. Orman, 72, faced a $28,000 annual insurance quote for her Florida oceanside condo, leading her to forego coverage entirely. She highlights a troubling trend where soaring insurance costs driven by frequent and severe weather events may deter Americans from buying homes. Don't Miss: For many first-time buyers, a house is abo
Benzinga•9h ago
The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
MarketWatch•12h ago
Analysts revise Facebook parent Meta stock price targets before earnings
Here's what could happen next to Meta Platforms' stock.
TheStreet•3h ago
Advanced Micro Devices (AMD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Advanced Micro (AMD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks•12h ago
JPMorgan’s ‘Bloody Friday’: Why Several Top Financial Advisors Jumped Ship the Same Day
Six teams managing nearly $15 billion in total assets quit JPMorgan Chase’s brokerage unit to join competitors last Friday. Here’s what may have triggered their departures.
Barrons.com•8h ago
Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’
Several fired Google employees spoke at a press conference Monday about their experiences.
Fortune•11h ago
Holding 6 Ethereum (ETH) Could Make You A Millionaire, According to Cathie Wood
With the recent halving and spot exchange-traded funds (ETFs) driving demand, Bitcoin has had the spotlight for much of 2024. However, according to Cathie Wood of Ark Invest, Ethereum (ETH) could catch up to Bitcoin and provide investors with huge profits in the coming years. At an investor conference held by Ark Invest, Wood spoke about Ethereum, noting that the project could reach a market capitalization of $20 trillion by 2032. ETH currently has a supply of around 120 million tokens. So, a ma
Benzinga•12h ago
The House Just Passed the TikTok Ban. Here's What That Means for Meta Stock.
Meta is working on something that's more immediately material to the business than what happens to TikTok.
Motley Fool•5h ago
3 Super-Safe Stocks That Could Reach 70 Consecutive Years of Dividend Raises By 2032
When it comes to reliable passive income, these three dividend-paying companies are best in breed.
Motley Fool•16h ago
California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•1d ago

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Futures surge on hopes of possible US, China talks

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