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Nvidia reports rise in quarterly profit

Nvidia Corp reported a 54.6 percent rise in quarterly profit, driven by strong demand for its graphics chips used in gaming devices, data centers, autonomous vehicles and also by cryptocurrency miners.

  • Go Long Nvidia Stock While the Chips Are Down
    Finance
    InvestorPlace

    Go Long Nvidia Stock While the Chips Are Down

    Given the improving fundamental backdrop and positive technical outlook, traders and investors alike can look to add Nvidia stock to their portfolios on any further weakness. Click to Enlarge Aside from just answering some interesting old questions, Nvidia stock is getting decidedly more attractive on a fundamental basis. It’s important to remember that Nvidia stock has handily beaten earnings over the last four quarters, yet the shares haven’t reflected that strength during that time frame.

  • These are the bad things about early retirement that no one talks about
    News
    MarketWatch

    These are the bad things about early retirement that no one talks about

    For all the glamour of living an early retirement lifestyle, there are plenty of negatives I’ve come to discover since I permanently left my job in 2012. As a result, you’re repeatedly forced to will yourself into action.

  • Sears bankruptcy could make these 5 big companies multi-million-dollar losers
    Finance
    Yahoo Finance

    Sears bankruptcy could make these 5 big companies multi-million-dollar losers

    Being an unsecured creditor of Sears (SHLD) right now is not a good place to be. The 125-year old former retail icon filed for chapter 11 bankruptcy protection early on Monday, crippled from years of losses and mounting debt. Sears plans to close about

  • Brits Are All Making the Same Joke About the New Royal Baby
    News
    Time

    Brits Are All Making the Same Joke About the New Royal Baby

    Meghan Markle, the Duchess of Sussex, is expecting her first child with Prince Harry. The news, announced Monday morning by Kensington Palace, has already been greeted by hundreds of messages of congratulations for the royal couple on social media. The U.K. is set to leave the European Union on March 29, exactly two years after Prime Minister Theresa May started the formal process for doing so by invoking Article 50 of the Lisbon Treaty.

  • Analysts’ Targets on Ford Stock Drop as Market Sell-Off Continues
    Business
    Market Realist

    Analysts’ Targets on Ford Stock Drop as Market Sell-Off Continues

    According to Reuters, ~19.0% of the 21 analysts covering Ford Motor Company (F) stock gave it a “buy” recommendation on October 11. On October 11, Ford’s consensus 12-month target price was $10.59. This target price reflected an ~20.2% upside potential from its market price of $8.81.

  • Finance
    Bloomberg

    Tesla Skeptic Surprised by How Much He Enjoyed the Model 3

    In a broader note about positive electric-car momentum, Jonas said he observed workers at Tesla’s lone auto plant in Fremont, California, who were “extremely busy cranking out Model 3s” for delivery in the U.S. He also drove the dual-motor performance version of the vehicle, which he sees as having better value-for-performance than the Model S sedan. “Frankly, our enjoyment of the high-spec version of the Model 3 took us by surprise,” Jonas said, adding that it’s “hard to say how much this matters.

  • After years of wasting time in meetings, 3 former Googlers decided to do things differently at their new startup
    Business
    Business Insider

    After years of wasting time in meetings, 3 former Googlers decided to do things differently at their new startup

    The executives of the startup Beeswax, all former Google execs, say they've learned how to keep meetings streamlined and efficient. The three founders of the ad-tech startup Beeswax seem to get that. "We're all thoughtful about not having a proliferation of meetings, because one thing we all felt in our previous careers is that there can be lots of redundant meetings," Shamim Samadi, Beeswax's chief product officer, told Business Insider.

  • Is It Too Late to Downgrade US Steel Stocks?
    Business
    Market Realist

    Is It Too Late to Downgrade US Steel Stocks?

    On October 15, Credit Suisse downgraded the US steel sector to a “market weight” from an “overweight” rating. Credit Suisse downgraded Nucor (NUE) and Cleveland Cliffs (CLF). Several other brokerages have also taken bearish views on US steel stocks.

  • Bank of America's lagging loan growth overshadows profit gains
    Business
    Reuters

    Bank of America's lagging loan growth overshadows profit gains

    The No. 2 U.S. bank's profit rose 35 percent, helped by cost controls, but investors focused on the underlying businesses. "It was definitely a surprise when some of the other banks had better-than-expected loan growth," said R.J. Grant, head of trading at Keefe, Bruyette & Woods. Bank of America's total loan book grew 0.3 percent to $930 billion during the third quarter compared with the year-ago period.

  • Kinder Morgan: Analysts Expect an Upside of 23%
    Business
    Market Realist

    Kinder Morgan: Analysts Expect an Upside of 23%

    Kinder Morgan’s Third-Quarter Earnings Are Expected to Rise (Continued from Prior Part) Analysts’ recommendations Of the 20 analysts surveyed by Reuters covering Kinder Morgan (KMI), nine analysts recommended a “strong buy,” seven recommended a “buy,

  • Harris, L3 merging to form $34M defense giant
    Business
    Yahoo Finance Video

    Harris, L3 merging to form $34M defense giant

    Harris Corporation and L3 Technologies are joining together in a ‘merger of equals’ to create a $34M defense giant. Yahoo Finance’s Alexis Christoforous, Brian Cheung, Ethan Wolff-Mann and Melody Hahm dig into what it means for the defense industry.

  • Ark Invest CEO: Tesla 'is a replay of Apple'
    Finance
    Yahoo Finance

    Ark Invest CEO: Tesla 'is a replay of Apple'

    Tesla (TSLA) and Apple (APPL) have at least one thing in common – and it’s a big factor leading one analyst to project a price target of $4,000 for the electric vehicle manufacturer. It comes down to the chips, ARK Invest CEO and CIO Cathie Wood said in an interview with Yahoo Finance on Friday. Tesla CEO Elon Musk confirmed in August that the company would be making its own computer chips for automated driving, pivoting away from hardware produced by chipmaker Nvidia (NVDA).

  • This Is the Average American's Salary. How Does Yours Compare?
    Business
    Motley Fool

    This Is the Average American's Salary. How Does Yours Compare?

    In an age of oversharing, many of us are remarkably tight-lipped when it comes to talking salary. But in reality, knowing where you stand can help you determine whether you're in a good place or whether you should be taking steps to boost your earnings

  • Business
    Benzinga

    Insider Buys Of The Week: Conagra, Salesforce, Thor

    Conventional wisdom says insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. While the board chair and other Salesforce.com, inc. (NYSE: CRM) executives have been selling throughout October, one director stepped up to the buy window this past week. The stock ended Friday at $146.74, down more than 4 percent for the week, and above the director's purchase price range.

  • This Sin-Stock ETF's Marijuana Moves Have Missed the Mark
    Business
    Motley Fool

    This Sin-Stock ETF's Marijuana Moves Have Missed the Mark

    Marijuana stocks have never been more popular, as investors seek to take advantage of the coming opening of the recreational marijuana market in Canada. Although those who want to invest in marijuana can choose from several individual companies with ties to cannabis, many of those who are more cautious about the sector would prefer to get more diversified exposure through an exchange-traded fund. There are some ETFs that specialize in marijuana stocks, giving concentrated exposure to the industry.

  • 2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?
    Business
    Motley Fool

    2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?

    Two marijuana stocks that are currently listed on Canadian stock exchanges soon plan also to list on U.S. stock exchanges. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) expects to trade on the New York Stock Exchange (NYSE) by the end of October and Aleafia Health (NASDAQOTH: ALEAF) should soon trade on the Nasdaq stock exchange. Are these hot marijuana stocks that are coming soon to U.S. stock exchanges smart picks to buy now?

  • What Investors Should Know about AT&T’s Growth Prospects
    Business
    Market Realist

    What Investors Should Know about AT&T’s Growth Prospects

    What Investors Should Know about AT&T’s Growth Prospects AT&T’s earnings in Q3 2018 AT&T (T), the second-largest wireless service provider in the United States, is looking to showcase its strength as it nears its third-quarter earnings release. The company

  • 3 Top Small-Cap Stocks to Buy in October
    Business
    Motley Fool

    3 Top Small-Cap Stocks to Buy in October

    This fall, think small. To be more specific, think about buying small-cap stocks. Why? Small-cap stocks have the most growth potential. It's hard for a stock with a market cap of $500 billion to double. But it's a different story for stocks with market

  • Ford Escape sales are down — here’s how it compares with other small SUVs
    Business
    American City Business Journals

    Ford Escape sales are down — here’s how it compares with other small SUVs

    Sales of the Ford Escape aren't what they used to be. The Escape, made at the Louisville Assembly Plant, saw sales decline by 20 percent in September 2018, compared with the same month last year. Ford and its Lincoln Motor Co. subsidiary have been successful in increasing sales of larger SUVs, such as the Navigator and Expedition this year.

  • The Sears Bankruptcy Is Likely to Inflict Pain on Mall Owners for Years
    Finance
    Bloomberg

    The Sears Bankruptcy Is Likely to Inflict Pain on Mall Owners for Years

    Mall owner Macerich Co. struck a agreement that year with the struggling department-store operator to redevelop a 300,000 square-foot store at Kings Plaza Shopping Center, a high-traffic mall in Brooklyn, New York. After Sears filed for Chapter 11 protection early Monday, Macerich’s lengthy -- and expensive -- process is worth keeping in mind. Other mall owners, who have been grappling with the retailer’s store closings and diminished ability to attract shoppers for years, must now contend with the possibility of a full liquidation, which would mean a glut of retail real estate in an already oversupplied market.

  • Here’s How Prince Harry and Meghan Markle’s Baby Will Change the Line Of Succession
    News
    Time

    Here’s How Prince Harry and Meghan Markle’s Baby Will Change the Line Of Succession

    Prince Harry and Meghan Markle are expecting a baby in spring 2019, Kensington Palace announced Monday morning. Harry and Meghan married in May, becoming the Duke and Duchess of Sussex. Now, the question is where the new arrival will fit into the line of succession of the British royal family.

  • Microsoft Earnings: Mark Your Calendar
    Business
    Motley Fool

    Microsoft Earnings: Mark Your Calendar

    Software giant Microsoft (NASDAQ: MSFT) has continued to impress investors in 2018 amid its ongoing progress becoming a more cloud-centric company. Microsoft reports its first-quarter earnings for fiscal 2019 on October 24. Ahead of Microsoft's earnings release, here's an overview of some of the key areas investors will want to watch. Core to Microsoft's momentum recently is the company's rapidly growing commercial-cloud revenue.

  • Eddie Lampert's Sears obsession faced a brutal 1-2 punch
    Business
    Yahoo Finance

    Eddie Lampert's Sears obsession faced a brutal 1-2 punch

    In 1989 Sears was the largest retailer in the United States. Many people will lay the blame at the feet of Eddie Lampert, the Wall Street power investor who took control of Sears in 2004 and soon after merged it with Kmart which he also controlled. Lampert, who has now stepped down as CEO of Sears as part of the bankruptcy filing, remains its chairman and its largest shareholder.

  • Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group
    Business
    Motley Fool

    Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group

    One is market cap: Aurora's market cap is nearly 18 times bigger than Auxly's. Then there's stock performance. Here's how Aurora Cannabis and Auxly Cannabis Group stack up against each other in the areas that do matter.