|Bid||0.00 x 1000|
|Ask||35.05 x 1800|
|Day's Range||31.47 - 32.85|
|52 Week Range||19.73 - 47.79|
|Beta (3Y Monthly)||-0.35|
|PE Ratio (TTM)||23.96|
|Earnings Date||Feb 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||34.45|
A US congressional commission has called for probes into economic and technological co-operation with China, intensifying a campaign to decouple the world’s two biggest economies for security reasons. The US-China Economic and Security Review Commission (USCC) recommended the Trump administration’s top information security official should report annually on vulnerabilities arising from the close integration of the industrial supply chain between the US and China. The USCC has enjoyed limited influence since it started monitoring bilateral trade and its national security implications for the US under a congressional mandate from almost two decades ago.
Brent crude was 1.6 per cent higher in London trading at just over $66 a barrel after plunging 6.6 per cent on Tuesday. West Texas Intermediate, the US benchmark, continued regained 1 per cent at $56.27 after tumbling 7.1 per cent yesterday. While the oil price has been in retreat since hitting a four-year high in early October, traders pointed to technical factors in the options markets to explain the severity of Tuesday’s drop.
Futures in New York held losses after plunging 7.1 percent in the previous session in the biggest one-day drop in more than three years. OPEC warned demand for its crude is falling faster than expected, underlining why Saudi Arabia and some other members are signaling output cuts.
China was expected to roll out more economic stimulus after credit grew at its slowest pace on record last month and property sales contracted, with Beijing seeking to stabilise flagging growth ahead of the expected hit from US tariffs. “Weakness in credit growth in October suggests that more supportive policies are needed,” Betty Wang, senior China economist at ANZ, said on Wednesday.
Bangladesh and Myanmar are set to begin repatriating Rohingya Muslims who fled across the border from their homes in Myanmar during last year’s military crackdown, despite warnings from the UN and human rights groups that they cannot yet return safely, and fears of some refugees that they will face persecution on their return. The two countries have announced plans to take an initial 2,260 members of the minority back to Myanmar beginning on Thursday. Myanmar’s government said it would accept up to 300 returnees per day and allow them to resettle in camps or their former homes.
New York futures were little changed on Wednesday in Asia after plunging 7.1 percent in the previous session for the biggest one-day drop in three years. OPEC has given a dire forecast for 2019 demand just as American production and stockpiles steadily increase. Meanwhile, U.S. President Donald Trump’s Twitter critique of Saudi Arabia’s plan to curb output may dissuade other cartel members from similar moves, given the influence his past comments have had on OPEC actions.
Added traffic will strain already crowded local infrastructure, and New York and Washington are already highly productive cities with thriving technology economies. For the country as a whole, Amazon’s decision represents a missed opportunity. The objections can be grouped into three basic categories, neatly summarized in a series of tweets from Representative-elect Alexandria Ocasio-Cortez, whose district includes part of Queens.
The Camp Fire north of Sacramento has now killed at least 42 people, injured three firefighters and destroyed 6,500 homes, CalFire said Tuesday morning. On Saturday, as the Camp Fire effectively destroyed the town of Paradise, Trump implied that the fault lay with state officials and threatened to cut off federal funding unless California improves its forest management.
Clinton, a managing partner at Loup Ventures and former research analyst with Piper Jaffray, said in a blog post Facebook and Twitter, Inc. (NYSE: TWTR) aren't giving users enough freedom to chose what content they are exposed to. This is especially true for political content, which is "far more concerning for the health of humanity" than fake news and data privacy breaches.
George Bush Intercontinental Airport in Houston set a new record for the first observed snowfall, breaking one set on Nov. 23, 1979, according to a Twitter post from the National Weather Service. Near record-breaking cold has swept into the South, with temperatures in the state 25 degrees Fahrenheit (14 Celsius) or more below average, according to the U.S. Weather Prediction Center in College Park, Maryland.
“We fully know about the sites being discussed, nothing new - and nothing happening out of the normal,” Trump tweeted on Tuesday. The report’s findings, which were first disclosed by the New York Times, appeared to undermine the Trump administration’s claims that its outreach to Pyongyang is making progress in getting Kim Jong Un’s regime to give up its nuclear weapons program.
On Tuesday, Trump renewed an attack on Emmanuel Macron sparked by a misunderstanding of comments the French president made last week. This was followed by some ambiguous praise for French nationalism and criticism of European import tariffs.
Kyrsten Sinema has won the seat of former Republican senator Jeff Flake in a midterm election victory that will make her the first woman senator from Arizona and the state’s first Democratic senator in decades. Late on Monday the Associated Press called the race for Ms Sinema after the state’s official results page gave her a lead of about 1.7 percentage points over Republican candidate Martha McSally. The victory guarantees Democrats at least 47 Senate seats, but Republicans have already retained their majority in the chamber, where they control 51.
Washington’s latest tariffs on $200bn of Chinese exports dominated business news across much of the world. led with stories of how the Communist party, “with Xi Jinping at its core”, was developing Ningxia, a backwater in China’s north-west.
Poland’s prime minister Mateusz Morawiecki has called for an investigation into allegations that the head of the country’s financial regulator solicited a multimillion-dollar bribe from a private bank. Mr Morawiecki has demanded an immediate explanation from the KNF president, and directed the country’s prosecutors and state agencies to “promptly gather information” on the matter, his chief of staff told Polish radio station RMF FM on Tuesday.
Juul’s chief executive Kevin Burns has said underage use of ecigarettes has become a “serious” problem as the company pulled sweet flavours of its nicotine liquids from more than 90,000 retailers to comply with an imminent regulatory crackdown. Juul also said it would ask big tech platforms, including Snapchat, to help police content that promoted its products to youngsters.
Angela Merkel has backed Emmanuel Macron’s call for the creation of a European army, using a speech to the European Parliament in Strasbourg to make a passionate appeal for closer defence co-operation between EU member states. “We should work on the vision of one day creating a real European army,” the German chancellor said, to boos from Eurosceptic MEPs and cheers from her political allies. “I’m saying this in full awareness of the developments of the last few years,” she said, in an apparent reference to the election of US president Donald Trump and his avowed “America First” stance.
Donald Trump, US president, on Monday called for election authorities in Florida to halt automatic recounts in the Senate and governor races, as he claimed, without providing evidence, that the contests were tainted by voter fraud.
Tim Kendall last year deleted the Facebook app from his phone for reasons that are becoming increasingly common: a sense of anxiety and dissatisfaction after viewing other people’s filtered lives, frustration at the divisive political discourse and harassment from trolls. What makes Mr. Kendall’s move more surprising is he was an early architect of Facebook Inc.’s business model, and has served as president of another popular social-media business, image-sharing company Pinterest Inc. Mr. Kendall is wealthy and a success professionally by almost any measure, but the endless scrolling through social media was producing unwanted negativity in his life.
In a series of tweets, Trump blamed a stock market sell-off on the Democratic victory while pressing the Saudis and OPEC to keep oil production at current levels. “Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices should be much lower based on supply!” Trump said on Twitter.
Two Pakistani rights activists said on Monday they had been warned by Twitter about objectionable content on the social media network, a move that signals an ongoing push by authorities in the South Asian country to rein in free speech online. The warnings come a week after the social media company suspended the Twitter account of an ultra-right Pakistani cleric who issued threats to the government and judiciary over the acquittal of a Christian woman accused of blasphemy.
Two Pakistani rights activists said on Monday they had been warned by Twitter about objectionable content on the social media network, a move that signals an ongoing push by authorities in the South Asian country to rein in free speech online. The warnings come a week after the social media company suspended the Twitter account of an ultra-right Pakistani cleric who issued threats to the government and judiciary over the acquittal of a Christian woman accused of blasphemy. "Warnings sent out by Twitter are an example of how online spaces are being regulated and are shrinking for internet users voicing their opinions," said Nighat Dad, a Pakistani lawyer and internet activist.
You go to the trouble of organizing a big get-together in Abu Dhabi to help shore up oil prices, complete with press conferences and the usual nod-and-a-wink guidance. President Donald Trump rebuts it with a tweet. More importantly, it comes after oil prices have already dropped by about $15 a barrel, almost a fifth, over the past month or so to around $70.