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Klay Thompson is reportedly discussing team-friendly contract extension with the Warriors

The Golden State Warriors and Klay Thompson have discussed a contract extension that would keep the All-Star shooting guard in the Bay Area on a team-friendly contract for the foreseeable future, according to The Athletic’s Marcus Thompson II.

  • Finance
    TheStreet.com

    Nvidia's Gaming Unit Faces Challenge from Resurgent AMD

    "AMD is kind of resurgent after a long period of time when they fell behind [in gaming]," Oppenheimer & Co. analyst Rick Schafer told Real Money. "Sales into the high-end enthusiast and performance portions of the gaming market grew substantially year-over-year based on the adoption of our latest Radeon RX 500 and Vega series GPUs," she explained.

  • A Tinder VP wrote a heartfelt email before being put on leave for filing a $2 billion lawsuit against the dating app’s owners
    Business
    Business Insider

    A Tinder VP wrote a heartfelt email before being put on leave for filing a $2 billion lawsuit against the dating app’s owners

    Tinder's marketing and communications chief Rosette Pambakian has reportedly been put on leave. Tinder's marketing and communications chief wrote a heartfelt email to staff before reportedly being placed on administrative leave for suing the dating app's owners.

  • Why the FDA's generic EpiPen approval is a big win for a N.J. company
    Business
    American City Business Journals

    Why the FDA's generic EpiPen approval is a big win for a N.J. company

    While Teva Pharmaceuticals USA on Thursday became the first company to receive approval for a generic version of Mylan's EpiPen product, it didn't actually make the auto-injector device. “We are extremely pleased with the FDA’s decision to approve Teva’s [application] for the first and only fully substitutable generic version of Mylan’s branded EpiPen, the most widely used epinephrine auto injector on the market,” said Robert F. Apple, president and CEO of Antares Pharma.

  • Tesla shares tumble after CEO Elon Musk breaks down in interview
    Business
    The Independent

    Tesla shares tumble after CEO Elon Musk breaks down in interview

    Tesla shares dropped more than 8.5 per cent in early trading on Friday after the car maker’s chief executive Elon Musk gave an erratic interview during which he said the past year at the company had been “excruciating”. Mr Musk told The New York Times that his health had been impacted by the stress of the last 12 months. Mr Musk repeatedly broke down in tears during the interview, the NYT reported, alternating between laughing and crying throughout.

  • Warren Buffett Just Invested $1.2 Billion in These 3 Bank Stocks
    Business
    Motley Fool

    Warren Buffett Just Invested $1.2 Billion in These 3 Bank Stocks

    One of the most significant changes was that three of Berkshire's bank stock positions significantly increased during the quarter, with the company investing about $1.2 billion altogether. Here's a rundown of Berkshire's latest bank stock investments, why Buffett may have loaded up on these banks, and whether there could be more buying yet to come.

  • China 'likely' preparing for strikes on US, allies: Pentagon
    World
    Yahoo Finance Video

    China 'likely' preparing for strikes on US, allies: Pentagon

    The Pentagon is warning that China is beefing up its bomber squads and could be preparing for strikes on the US and others. Yahoo Finance’s Alexis Christoforous speaks with Rick Newman and Dion Rabouin about how the trade war could be turning into a real one.

  • Microsoft just gave big, surprise bonuses to keep engineers from going to Amazon, sources say
    Business
    American City Business Journals

    Microsoft just gave big, surprise bonuses to keep engineers from going to Amazon, sources say

    Microsoft gave out surprise stock bonuses worth as much as $100,000 to engineers this week to keep employees from leaving for competing companies, sources said. The bonuses were unexpected and unprecedented, according to sources who work at and with Microsoft who asked not to be named to protect their jobs and business relationships. Microsoft typically awards annual bonuses on Sept. 15 and they vest at a flat rate over five years.

  • How the new tax law creates a ‘perfect storm’ for Roth IRA conversions
    Business
    MarketWatch

    How the new tax law creates a ‘perfect storm’ for Roth IRA conversions

    While the new Tax Cuts and Jobs Act (TCJA) includes one negative change for Roth IRAs, they are still pretty wonderful. Here’s what you need to know about Roth IRAs and especially Roth IRA conversions in the post-TCJA world. Unlike traditional IRA withdrawals, qualified Roth IRA withdrawals are federal-income-tax-free and usually state-income-tax-free too.

  • President Trump Cancels Military Parade, Citing 'Ridiculously High' Price
    News
    Time

    President Trump Cancels Military Parade, Citing 'Ridiculously High' Price

    Trump on Twitter accused local politicians of price-gouging, although much of the projected $92 million price was attributed to Pentagon costs for aircraft, equipment and personnel. The Defense Department announced a day earlier that there would be no parade in 2018. Trump said perhaps something could be scheduled next year when the price “comes WAY DOWN.” He did not explain how the costs would be reduced.

  • Boeing and Lockheed Martin Win Upgrades: What You Need to Know
    Business
    Motley Fool

    Boeing and Lockheed Martin Win Upgrades: What You Need to Know

    With $52 billion in annual sales and a $90 billion market capitalization, Lockheed Martin (NYSE: LMT) is a bona fide titan of American industry -- and the biggest pure-play defense stock in the world. Yesterday, in a report covered on TheFly.com, UBS announced it is initiating coverage of the aerospace and defense industry.

  • Kroger could be poised to make another acquisition
    Business
    American City Business Journals

    Kroger could be poised to make another acquisition

    Two potential acquisition targets have popped up for Kroger Co. in the last few weeks, and analysts believe there’s a distinct possibility at least one of those could happen. Drug store chain Rite Aid and Minneapolis grocery chain Cub Foods both became likely acquisition targets. Rite Aid’s deal to be acquired by supermarket giant Albertsons for $24 billion fell through last week, and Cub Foods parent SuperValu reached a deal three weeks ago to be acquired by grocery distributor United Natural Foods, which said it will sell off SuperValu’s retail business, led by Cub Foods, to focus on the wholesale distribution business.

  • If You're in Your 60s, Consider These 3 Stocks
    News
    Motley Fool

    If You're in Your 60s, Consider These 3 Stocks

    Here are three high-yield stocks that fit that bill: Magellan Midstream Partners LP (NYSE: MMP), Duke Energy Corporation (NYSE: DUK), and Procter & Gamble (NYSE: PG). Pretty much the only way for a regulated utility to get its rates approved is to spend money on upgrading its system.

  • If I Had to Buy 1 Stock in August, It Would Be This One
    Business
    Motley Fool

    If I Had to Buy 1 Stock in August, It Would Be This One

    If you're interested in adding a drugmaker to your portfolio for those reasons, the one stock that I'd recommend buying this month is the beat-up Botox maker Allergan (NYSE: AGN). Before buying this stock, it's important to understand why Allergan has found itself in the stock market's bargain bin. Although Allergan's been around awhile, it's only existed in its current form a few years.

  • Nvidia slides, Nordstrom soars, Netflix makes moves
    Business
    Yahoo Finance Video

    Nvidia slides, Nordstrom soars, Netflix makes moves

    Nvidia, Nordstrom, Netflix and DoorDash are the companies to watch.

  • 3 Stocks That Are Absurdly Cheap Right Now
    Business
    Motley Fool

    3 Stocks That Are Absurdly Cheap Right Now

    Some of the biggest opportunities in the stock markets arise when shares of fundamentally strong companies are hit by the market's shortsightedness. When we asked three Motley Fool contributors to identify a stock they believe is absurdly cheap right now given its prospects, they picked Brookfield Infrastructure Partners (NYSE: BIP), Transocean (NYSE: RIG), and Western Digital (NASDAQ: WDC). Neha Chamaria (Brookfield Infrastructure Partners): Brookfield Infrastructure Partners has consistently delivered strong operational numbers in recent quarters, and the company generated record funds from operations (FFO) in the trailing 12 months.

  • Trump is considering a huge change to the way America's biggest companies report their earnings
    Business
    Business Insider

    Trump is considering a huge change to the way America's biggest companies report their earnings

    President Donald Trump on Friday tweeted that the US could abandon quarterly financial reporting. Major CEOs like JPMorgan's Jamie Dimon and Berkshire Hathaway's Warren Buffett have called for changing the way companies forecast their earnings quarterly. President Donald Trump on Friday said he had instructed the US Securities and Exchanges Commission to investigate the abolition of quarterly financial reporting for US companies.

  • Canopy Growth Receives Target Price Upgrades
    Business
    Market Realist

    Canopy Growth Receives Target Price Upgrades

    Canopy Growth Receives Target Price Upgrades from Four Firms (Continued from Prior Part) More upgrades Previously in this series, we discussed the target price upgrades for Canopy Growth (WEED) (CGC) from PI Financial and Canaccord Genuity. In this part

  • Better Buy: Bank of America Corporation vs. JP Morgan Chase
    Business
    Motley Fool

    Better Buy: Bank of America Corporation vs. JP Morgan Chase

    JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC) are two of the largest banks in the United States, and have rather similar business structures. For investors seeking some financial sector exposure in their portfolios, which is the better stock

  • 3 Top Large-Cap Stocks to Buy Right Now
    Business
    Motley Fool

    3 Top Large-Cap Stocks to Buy Right Now

    The larger a business gets in terms of sales and earnings, the more difficult delivering increasing levels of relative growth becomes, but a company having a big market capitalization isn't an indication that its stock can't be a winner for your portfolio. Tyler Crowe (Berkshire Hathaway): Any stock trading at a price-to-earnings ratio of 16 times is a reasonable valuation.

  • Why Western Digital Shareholders Have Nothing to Worry About
    Business
    Motley Fool

    Why Western Digital Shareholders Have Nothing to Worry About

    Western Digital (NASDAQ: WDC) shareholders may be scratching their heads. To understand the disconnect, one needs to understand the industry Western Digital operates in: nonvolatile memory, or "storage" to most. On that front, the company is diversified, making both NAND flash and the older (but cheaper) technology of hard disk drives (HDDs).

  • Why Most Analysts Aren’t Recommending a ‘Buy’ for Ford
    Business
    Market Realist

    Why Most Analysts Aren’t Recommending a ‘Buy’ for Ford

    Ford’s US Sales in July 2018: No Relief for Investors (Continued from Prior Part) Wall Street on US automakers According to the recent data compiled by Reuters, only 18% of analysts covering Ford stock (F) gave it “buy” ratings. By comparison, a much

  • 3 Terrible Reasons to Sell Pfizer Stock
    Business
    Motley Fool

    3 Terrible Reasons to Sell Pfizer Stock

    Pfizer (NYSE: PFE) certainly has its fair share of critics on Wall Street. As a result, President Trump specifically targeted Pfizer earlier this year in his criticism of the industry's widespread practice of raising drug prices well above the rate of inflation every year.

  • Can These 3 Top Marijuana Stocks Make You Rich?
    Business
    Motley Fool

    Can These 3 Top Marijuana Stocks Make You Rich?

    The marijuana business, as an investment opportunity, has come a long way in a short period of time. Not long ago, the only way to invest in pure marijuana plays like producers, distributors, or medically oriented companies was to buy stocks trading on the largely unregulated and thinly traded over-the-counter market. Starting this year, however, investors have been able to buy shares of three top cannabis companies -- Canopy Growth Corp. (NYSE: CGC), Cronos Group (NASDAQ: CRON), and Tilray Inc. (NASDAQ: TLRY) -- on major U.S. exchanges.

  • Tesla stock sinks after Musk gives tearful NYT interview
    Business
    Reuters

    Tesla stock sinks after Musk gives tearful NYT interview

    Tesla stock was on track for its biggest daily slump in two years as Wall Street questioned Musk's ability to lead the electric car maker. Investors also were worried about reports that regulators were pressuring Tesla's directors for details about how much information he shared with them. Musk stunned markets last week with a tweet that he was considering taking Tesla private for $420 per share and that he had secured funding.

  • As Musk admits to job stress, Tesla's board may have to act
    Finance
    Associated Press

    As Musk admits to job stress, Tesla's board may have to act

    Elon Musk's erratic behavior was front and center again this week as the CEO of Tesla conceded that he's overwhelmed by job stress, pushing his electric car company's stock down and bringing pressure on its board to take action. Musk's revelation, in a Thursday interview with The New York Times, came as government regulators are reportedly investigating whether his recent out-of-the-blue tweet about taking Tesla private violated disclosure requirements. Now, experts say Tesla has reached an intersection where the board must decide the direction of its leadership.