• Yemen's Houthi rebel attack on Saudi Arabia oil may hit Costco and BJ's profits
    Yahoo Finance

    Yemen's Houthi rebel attack on Saudi Arabia oil may hit Costco and BJ's profits

    Costco and BJ's Wholesale doesn't make much money on selling gas.

  • 8 Stocks With Biggest Upside Amid Oil Spikes on Middle East Chaos
    Investopedia

    8 Stocks With Biggest Upside Amid Oil Spikes on Middle East Chaos

    Equity investors seeking to profit from rising oil prices amid escalating violence in the Middle East should focus on eight energy stocks and suppliers that are uniquely positioned to outperform. Stocks that could see the biggest sustained gains include energy producers Brigham Minerals Inc. (MNRL), Murphy Oil Corp. (MUR), Pioneer Natural Resources Co. (PXD), and EOG Resources Inc. (EOG). Also poised to benefit are energy industry suppliers such as valve and seal maker Flowserve Corp. (FLS), compressor maker Gardner Denver Holdings Inc. (GDI), valve maker Circor International Inc. (CIR), and General Electric Co. (GE), which owns 40% stake in Baker Hughes (BHGE).

  • Reuters

    UPDATE 1-U.S. 'falling behind' in global race to develop electric vehicle supply chain

    The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. The push comes as China has grown to dominate the market for lithium, rare earths, cobalt and other so-called strategic minerals used to make a plethora of consumer products, a dominance that politicians have said poses a strategic threat to the United States. "China is consolidating control of the entire supply chain for clean technologies," Senator Lisa Murkowski, the Alaskan Republican who is the chair of the Senate's Energy and Natural Resources Committee, said.

  • Barrons.com

    Zynga Is Poised to Benefit From Mobile-Gaming Consolidation, Analyst Says

    (ZNGA) stock ticked up Tuesday after an analyst called the mobile-gaming company his “best idea,” saying he expects the company to bolster growth with acquisitions. Zynga has lately benefited from other deals it has used to build its category of games. Zynga “is well-positioned for consolidation in the mobile gaming market,” Cohen wrote.

  • Software Stocks To Buy And Watch: A Rotation At Hand Or Profit-Taking?
    Investor's Business Daily

    Software Stocks To Buy And Watch: A Rotation At Hand Or Profit-Taking?

    Even the best software stocks can get beat up as bearish investors pounce on stock market volatility. High-revenue-growth companies specializing in software-as-a-service may outperform.

  • $30 for a Single SoulCycle Class? Not When a Recession Hits
    Bloomberg

    $30 for a Single SoulCycle Class? Not When a Recession Hits

    (Bloomberg Opinion) -- What do you get when you combine an earnest quest to get healthier with a vain desire to look fabulous on Instagram? A growing number of Americans spending an increasing amount of money at boutique fitness centers.But the boutique-fitness market — which includes not just old-standby yoga studios and CrossFit “boxes” but also newer exercise meccas such as SoulCycle, Pure Barre, Orangetheory Fitness and Club Pilates — may be getting irrational. It’s not just that the workouts are becoming comically niche, though they certainly are. (Would you prefer a so-called “prison-style” workout, or a hybrid of boxing and ballet? How about a studio designed around cold-temperature workouts?) It’s that the explosive growth of boutique fitness centers masks some harsh realities about their chances of long-term survival.The rise of small, specialized workout centers is not unlike the “unbundling” trend seen in television in the streaming era. Big-box gyms, like cable companies, offered a staid experience and frustrated consumers with long-term contracts that were notoriously hard to escape. Then insurgents in both industries offered more novel programming and more flexibility — and consumers showed up. But just as the streaming category now includes a seemingly unsustainable number of entrants, the boutique-fitness industry looks to be headed for a shakeout.The general backdrop for the fitness center industry is plenty favorable. Annual revenue grew 7.8% in 2018 to $32.3 billion, according to the International Health, Racquet & Sportsclub Association. Annual visits to U.S. fitness centers are up 42% since 2008, the trade group reports.At the same time, there is a limit to this market — especially for the smaller, boutique players. First, they can be astronomically expensive: SoulCycle is $32 for a single class in Washington; Barry’s Boot Camp is $34. According to IHRSA, the average monthly fee paid by a boutique studio user in 2017 was $92, compared to $52 for health club members overall.The unit economics of small workout studios also make it hard to see how prices will come down as the businesses scale. There are only so many hours in a day — no one wants to attend a barre session at midnight — and only so many exercise bikes that can fit in a studio. So there’s limited opportunity to make that real estate more productive. Sweetgreen can serve salads to far more Lululemon-clad millennials than Flywheel can easily accommodate.Plus, the competition is ramping up. In Washington, for example, researchers at real estate firm CBRE found that the number of fitness outposts in the city has increased more than fivefold since 2009 — in part, to be sure, a natural accommodation of the influx of young residents to the city. But studios, rather than traditional gyms, account for more than 4 out of 5 of the current lineup, highlighting the tug-of-war these concepts face in getting devoted customers.Markets such as Washington’s are getting more crowded just as Peloton Interactive Inc. and the Mirror are giving people trendy options for workouts at home. Peloton’s recent IPO filing showed it had 511,000 subscribers as of June 30. It’s safe to assume at least some of them defected from a cycling studio.New wellness trends threaten to encroach on the dollars that are going to the bumper crop of boutiques dedicated to burning calories. There are studios now for meditation, napping, stretching and recovery from workouts.It’s probably not a coincidence that the boutique-fitness craze has flourished during a long stretch of economic prosperity. If there’s a downturn, you can bet decadent workout packages will be one of the first things people ditch.And if there is a boutique-fitness shakeout, it won’t just be studio operators that feel the burn. Commercial landlords have been eager to sign these newcomers as tenants for shopping centers and mixed-use developments as traditional retail tenants disappear. If these exercise emporiums fail, properties could face yet another wave of vacancies.Of course, not every small-box fitness idea is doomed. Millennial cliché that I am, I’ve dabbled in barre and HIIT classes; I have a yearslong loyalty to a yoga studio and a cardio dance boutique. I prefer a class format to a solitary workout, and I like the idea of paying only for the classes that I take.But it’s costing me a small fortune, and getting wait-listed for a class at a peak time is a drag. In some ways it is — gasp — making me long for the simplicity and value of an all-in-one gym membership.Maybe I shouldn’t have been surprised, then, to learn that shares of no-frills gym Planet Fitness Inc. have surged nearly 300% since it went public in 2015, as it has delivered strong comparable sales growth and racked up millions more members.Planet Fitness’s success is a stark reminder that “boutique” workout studios are called that for a reason: They aren’t for everyone. As the market gets closer to saturation, established chains and upstarts may find there are things besides a hard workout that can bring on a serious sweat.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • 'The world needs this kind of network': Behind Doug Becker's latest education startup
    American City Business Journals

    'The world needs this kind of network': Behind Doug Becker's latest education startup

    Doug Becker's latest company, Cintana Education, builds off the vision he had when he originally founded Laureate Education.

  • TheStreet.com

    Zynga Climbs on 'Best Idea in Video Games' Nod from Stephens

    Zynga rises after an analyst at Stephens names the electronic gaming company the 'best idea in video games.'

  • Freeport-McMoRan (NYSE:FCX) Takes On Some Risk With Its Use Of Debt
    Simply Wall St.

    Freeport-McMoRan (NYSE:FCX) Takes On Some Risk With Its Use Of Debt

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Marvell Technology Group to settle SEC charges around alleged 'pull-in' scheme for $5.5M
    American City Business Journals

    Marvell Technology Group to settle SEC charges around alleged 'pull-in' scheme for $5.5M

    Marvell, which couldn’t be reached for comment Monday afternoon, offered the settlement without admitting or denying the findings by the Securities and Exchange Commission.

  • The U.S.-Trained Coder Is Helping NetEase Find a New Life Beyond Games
    Bloomberg

    The U.S.-Trained Coder Is Helping NetEase Find a New Life Beyond Games

    (Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.For decades, NetEase Inc. has been the perennial runner-up to the likes of Tencent Holdings Ltd. in China’s evolving internet landscape. Now it’s betting on a bookish computer scientist to catapult it to the top of the class in the nation’s $36 billion online education market.Zhou Feng, chief executive officer of NetEase Youdao, is charged with helping NetEase escape from under Tencent’s enormous shadow and find life beyond video games. The U.S.-trained software coder handpicked by billionaire founder William Ding Lei is creating an all-in-one learning platform to tap the lucrative space where education and technology overlap. To bankroll that expansion, the company could float Youdao, last valued at $1.1 billion, as soon as this year.Zhou is counting on a decades-old custom. Every summer, millions of Chinese high school students sit through a grueling two-day college entrance exam, or gaokao, that helps determine the course of their lives. That’s why China’s tiger moms and dads have long sent their kids from as early as kindergarten age to private tutoring classes for English, math and sciences.Intense competition has fueled an education boom, particularly targeting the K-12 group that includes students from kindergarten through high school, creating a coterie of multi-billion-dollar corporations. Leading players like New Oriental Education & Technology Group Inc. and TAL Education Group that still rely mainly on in-class teaching have gone public in the U.S. and seen their shares soar. Online startups such as the Tencent-backed VIPKid are still trying to convince parents that digital instruction can be as good, if not better than brick-and-mortar classrooms.Through combining content with the latest technology, Zhou sees a business chance for Youdao, whose name loosely translates to “there’s a way”. Courses can be taught through high-speed live-streaming, enabling smooth communication between teacher and student. Artificial intelligence-powered “tutors” can grade homework and use data to evaluate student test results, he said.“That’s what we have always been good at,” said Zhou, 40, a University of California at Berkeley alumnus with a penchant for blending English words into conversations. “Almost every industry in China has been transformed by the internet, but that’s not yet the case for education.”Revenue for China’s online education market is estimated to have reached around 252 billion yuan ($35.7 billion) in 2018, and is expected to more than double in 2022, with 264 million paying users, according to iResearch.But there’s yet to be a clear winner -- even for top tuition providers like New Oriental, its digital arm Koolearn in 2017 only accounted for less than 1% of the total revenue in the local online teaching market, according to Frost & Sullivan data cited in its prospectus. What sets Youdao apart is its exclusive focus on online and its expansion into education-related hardware. It has launched a slew of products from apps for note-taking and children’s stories to smart devices like a 799 yuan electronic dictionary pen, which allows students to scan printed text and translate it instantaneously.“NetEase’s technology support and the company’s online DNA and roots should make its products more sophisticated than traditional education providers,” said Bloomberg Intelligence analyst Vey-Sern Ling. Still, not having physical classrooms means it could be difficult for Youdao to expand beyond structured, standardized learning or test prep, he said.NetEase could do with a win. Founder and CEO Ding has a master plan for China’s second largest game developer to delve into three sectors including e-commerce, music streaming and online education, but the result is best described as mixed. Its music arm has grappled with rising content costs, as it has to sublicense a large chunk of songs from its much bigger rival, Tencent Music Entertainment Group. Although e-commerce has grown to become NetEase’s largest division after gaming in terms of revenue, it sold its popular import platform Kaola to Alibaba Group Holding Ltd. in a $2 billion deal.That magnifies the importance of Youdao and its leader, with whom Ding shares a long history. Back in 2004, when Zhou was pursuing his doctorate degree in computer science, NetEase’s CEO came across his paper on filtering junk emails, and, ironically, shot him a message that was mistaken as spam. It had no body text but just a subject line: “I’m Ding Lei, I have a technical question for you.”The two eventually got in touch via phone calls, and Zhou worked part-time for NetEase for three years. After earning his doctorate in 2007, he officially joined the company as lead architect for Youdao in Beijing, which at the time was trying to morph from a digital dictionary into a web search engine. To challenge the local leader Baidu Inc., Youdao’s approach was to operate a slew of vertical search services at one time, in everything from news to blogs to maps.Those efforts failed, and in 2012 Zhou decided to close the search operation. “That was when we hit our lowest point,” he said. Zhou shifted the 400-person team to develop learning apps instead.Youdao’s revenue rose 60% in 2018 from a year earlier, while sales for K-12 courses increased three-fold in the same period, he said. Online courses have surpassed advertising as Youdao’s largest income stream, Zhou said.Now of the nearly 2,000 employees Zhou oversees at Youdao, half are teachers and other staffers dedicated to building up its online class portfolio. “Learning is much more difficult than playing video games,” he said.To contact the reporter on this story: Zheping Huang in Hong Kong at zhuang245@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Moody's

    Melco Resorts Finance Limited -- Moody's announces completion of a periodic review of ratings of Melco Resorts Finance Limited

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Melco Resorts Finance Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • MarketWatch

    Marvell Technology to pay $5.5 million to settle SEC charges of revenue management scheme

    Marvell Technology Group Ltd. will pay $5.5 million to settle charges that it misled investors by engaging in an undisclosed revenue management scheme, the Securities and Exchange Commission said. The chip maker's company's stock slid 1.3% in afternoon trading, while the PHLX Semiconductor Index lost 0.5% and the S&P 500 gave up 0.3%. The SEC said Marvell had "orchestrated a scheme" to accelerate, or 'pull in' sales to the current quarter that had been scheduled for future quarters. The SEC indicated the purpose of pulling in revenue was to "close the gap" between actual results and analyst expectations. Marvell consented to the SEC's order, without admitting or denying the allegations, and agreed to cease and desist from further violations.

  • PREIT CFO terminated
    American City Business Journals

    PREIT CFO terminated

    Pennsylvania Real Estate Investment Trust’s chief financial officer’s employment has been terminated without cause effective Dec. 31, according to a Securities and Exchange Commission filing made by the Philadelphia company.

  • Moody's

    Excel Fitness Holdings, Inc. -- Moody's assigns first time ratings to Excel Fitness; CFR at B3

    Moody's Investors Service ("Moody's") assigned first time ratings to Excel Fitness Holdings, Inc. ("Excel Fitness") including a Corporate Family Rating (CFR) at B3, a Probability of Default Rating at B3-PD and first lien bank credit facilities ratings at B3. At the same time, Excel Fitness is raising a $10 million five year revolving credit facility.

  • Here's Why Investors Should Steer Clear of Red Rock Resorts
    Zacks

    Here's Why Investors Should Steer Clear of Red Rock Resorts

    Red Rock Resorts' (RRR) bottom-line performance disappoints investors over the past two quarters. The company's price trend in the past six months is also worrisome.

  • Top Ranked Momentum Stocks to Buy for September 16th
    Zacks

    Top Ranked Momentum Stocks to Buy for September 16th

    Top Ranked Momentum Stocks to Buy for September 16th

  • Monday’s Vital Data: JPMorgan Chase, Freeport-McMoran and Apple
    InvestorPlace

    Monday’s Vital Data: JPMorgan Chase, Freeport-McMoran and Apple

    Oil prices are flying after an attack on Saudi Arabia's oil processing facility, and oil fields required the country to cut production by 50%. After a volatile overnight session, Crude oil futures are set to open up 10.5%. U.S. stock futures are trading lower amid the elevated uncertainty.Source: Shutterstock Heading into the open, futures on the Dow Jones Industrial Average are down 0.37%, and S&P 500 futures are lower by 0.37%. Nasdaq-100 futures have shed 0.62%.In the options pits, calls outpaced puts by a wide margin on Friday. Approximately 20.9 million calls and 16.3 million puts changed hands during the session. However, the distance between call and put volume narrowed at the CBOE, where the single-session equity put/call volume ratio rose to 0.62. Meanwhile, the 10-day moving average slipped just under 0.62 -- a two-month low.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOptions activity was elevated in a variety of stocks on Friday. JPMorgan Chase (NYSE:JPM) saw options volume jump alongside its breakout to record highs. Freeport-McMoRan (NYSE:FCX) continued to benefit from a rotation into metal and mining stocks. Finally, Apple (NASDAQ:AAPL) fell 1.9% after suffering a downgrade by Goldman Sachs (NYSE:GS).Let's take a closer look: JPMorgan Chase (JPM)The ongoing recovery in stock prices has been oh-so-good for JPMorgan shares. On Friday, the banking behemoth clinched a rousing breakout to record highs making it one of the best financial stocks on the Street to buy. * 10 Recession-Resistant Services Stocks to Buy With the resistance breach, JPM stock completed long-term basing pattern that was almost two years in the making. The jump could kickstart its long-term trend, which had been stuck in neutral during the consolidation. In the short run, JPM is overextended having rallied eight days in a row. So, a pause or pullback would be a welcome development to provide lower-risk entries on the daily time frame.The breakout sparked a flurry of activity on the options trading front. Popularity was split virtually 50-50 between calls and puts, and total activity zoomed to 235% of the average daily volume, with 139,772 contracts traded.Implied volatility has been on a downward trajectory this month, falling to a six-week low. At 23%, it now sits in the lower quartile of its one-year range. That means options are cheap. Long calls or call spreads are the way to go if you're speculating on further upside. Freeport-McMoran (FCX)Metal and mining stocks have awoken, and Freeport-McMoran is seeing some serious inflows. I count six accumulation days so far this month. FCX stock just had its best week of the year, rallying 14%. The surge carried the shares back above their 20-day and 50-day moving averages.Unfortunately, much work remains before its long-term downtrend is fully reversed. The 200-day moving average still looms heavy overhead, and we've seen many rallies that have started with strength ultimately fail this year. That said, the volume signs and sector rotation into mining stocks certainly looks promising for a bottoming attempt in FCX.On the options trading front, traders came after calls with a vengeance. Activity climbed to 214% of the average daily volume, with 105,602 total contracts traded. Calls ran the tables accounting for 86% of the day's take. Implied volatility didn't budge at all throughout the week, remaining at 43% or the 22nd percentile of its one-year range. Premiums are pricing in daily moves of 29 cents or 2.7%. Apple (AAPL)Just two days after launching to an eleven-month high, Apple suffered an unexpected downgrade by Goldman Sachs. The bank said Apple's accounting plans for the launch of Apple TV Plus would shrink the iPhone's profit margins and lowered the stock's price target from $187 to $165.The company issued a response stating, "we do not expect the introduction of Apple TV+, including the accounting treatment for the service to have a material impact on our financial results."Drama aside, AAPL stock was likely due for a pullback anyways. Friday's 2.4% drop returned AAPL to its breakout zone providing another attractive entry for those that missed last Wednesday's surge. Its price trend remains bullish with rising moving averages across time frames. * 7 Tech Stocks You Should Avoid Now On the options trading front, traders favored calls on the session. Total activity climbed to 184% of the average daily volume, with 900,312 contracts traded; 56% of the trading came from call options.The increased demand drove implied volatility higher on the day to 25% placing it at the 19th percentile of its one-year range. Premiums remain cheap and are pricing in daily moves of $3.44 or 1.6%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Monday's Vital Data: JPMorgan Chase, Freeport-McMoran and Apple appeared first on InvestorPlace.

  • Here are 3 Reasons Why SNAP Stock is Soaring in 2019
    InvestorPlace

    Here are 3 Reasons Why SNAP Stock is Soaring in 2019

    This has been a good year for Snap (NYSE:SNAP). Snap stock is up 186% in 2019, and it even reached a new 52-week high at the end of July. Source: dennizn / Shutterstock.com SNAP's stock growth continues to outperform peers like Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). CEO Evan Spiegel been selling millions of the company's shares. Just last week he sold over $33 million worth of SNAP stock. This seems to be a recent trend as both Facebook CEO Mark Zuckerberg and Amazon (NASDAQ:AMZN) CEO Jeff Bezos have also been selling millions of their company's shares.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSnap has been steadily improving its fundamentals after a rough 2018. The company's user base continues to steadily grow, which has boosted revenue and increased investor confidence. * 7 Discount Retail Stocks to Buy for a Recession Even still, some Wall Street analysts are hesitant when it comes to SNAP and the stock is considered a moderate buy. So is Snapchat stock worth investing in? Here are three things to consider first. 1\. User Base GrowthIn 2018, Snap's user base struggled after the launch of Instagram Stories, but the company has experienced a major shift this year. During the first quarter, Snap added four million daily active users and this figure increased to 13 million during the second quarter. The company now boasts 500 million monthly active users. This growth was largely fueled by Snap's updated version of its app and an increased focused on AR technology. Additionally, Snap recently announced it is partnering with Spotify to allow users to share music and podcasts directly within the app. 2\. Snap Flies under Regulation RadarThis year, the news has been relatively light when it comes to SNAP. The company has avoided much of the criticism it endured in 2018 over top executives leaving the company. Most importantly, SNAP avoided the regulatory issues that have plagued Facebook and other big tech companies. Facebook, in particular, has dealt with a $5 billion FTC fine and criticism over its new cryptocurrency Libra. 3\. Snap and GamingSnap's advertising business continues to be a strong source of revenue but that company's gaming business is where the real opportunity could lie.Last April, the company launched Snap Games, which quickly attracted the attention of the gaming developer Zynga (NASDAQ:ZNGA).Zynga introduced a new battle royale game exclusively on Snap's platform called Tiny Royale. SNAP also introduced five other titles when it launched in the spring. According to Evercore ISI analyst Kevin Rippey, Snap Games could bring in hundreds of millions of dollars in sales by 2020. The Bottom Line on Snap StockDuring its most recent earnings report, company executives seemed optimistic about SNAP's future growth prospects. The company's third-quarter revenue guidance has SNAP earning between $410 million and $435 million in revenue. And this is entirely possible if the company can keep growing its user base, increase engagement on its platform, and find new sources of revenue. All in all, we can expect good things from SNAP stock in the coming years. As of this writing, Jamie Johnson did not hold a position in any of the aforementioned stocks. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Here are 3 Reasons Why SNAP Stock is Soaring in 2019 appeared first on InvestorPlace.

  • Financial Times

    West Papuan leader in exile criticises miners amid unrest

    West Papua and neighbouring Papua are militarised and under-developed mountainous Indonesian provinces on the western half of the island that also accommodates Papua New Guinea in the east. Mr Wenda said Freeport-McMoRan and BP should stop operating in West Papua and Papua.

  • How To Spot The Flat Base In This Kind Of Chart Action By Growth Stocks
    Investor's Business Daily

    How To Spot The Flat Base In This Kind Of Chart Action By Growth Stocks

    Ciena formed three bases over a long period of time. The third, a flat base, launched one of the biggest moves by growth stocks in recent months.

  • IQIYI, Inc. Sponsored ADR (IQ) Gains As Market Dips: What You Should Know
    Zacks

    IQIYI, Inc. Sponsored ADR (IQ) Gains As Market Dips: What You Should Know

    IQIYI, Inc. Sponsored ADR (IQ) closed at $19.75 in the latest trading session, marking a +0.2% move from the prior day.

  • Dow Surpasses 27,000 on Friday
    GuruFocus.com

    Dow Surpasses 27,000 on Friday

    Broadcom reports 3rd-quarter results Continue reading...