How the Stock Market Has Done Under Trump Is Surprising: Michael Lewis
Well-known author Michael Lewis offers up some sharp words on how Trump has performed one year into the presidency. Lewis tells TheStreet that Trump did do something good in selecting Jerome Powell to lead the Federal Reserve. How the stock market has performed during Trump’s first year in office has borderline shocked Michael Lewis. “If […]
Apple issues $7 billion of debt in latest fund raising for $300 billion shareholder program
iPhone maker completed a six-part, fixed-rate deal to raise the funds needed to pay dividends and buy back shares Apple Inc. issued $7 billion of debt on Monday, in its latest fundraising to finance a $300 billion shareholder rewards program. Apple AAPL, -0.33% issued 2-year, 3-year, 5-year, 7-year, 10-year and 30-year fixed-rate notes with the 10-year tranche […]
Qualcomm draws up plans to rebuff Broadcom’s $103 billion offer: sources
By Greg Roumeliotis and Liana B. Baker (Reuters) – U.S. chipmaker Qualcomm Inc is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar with the matter said on Sunday, setting the stage for one of the biggest-ever takeover battles. Qualcomm’s board of directors could meet as […]
Call of the week: Snap hit with five downgrades
Yahoo Finance’s call of the week is a series of downgrades on Snap (SNAP), the parent company of Snapchat. UBS, JPMorgan, RBC Capital Markets, Stifel and Morgan Stanley all lowered their ratings on the social media company following its disappointing third-quarter results. The bearish calls sent shares tumbling. The stock is down 16.4% since reporting […]
‘Super Mario Odyssey’ review: Nintendo tips its cap to the past
Nintendo’s (NTDOY) Super Mario is finally ready for his next big adventure Thursday with the launch of “Super Mario Odyssey.” Available for the Switch, “Super Mario Odyssey” is both a leap forward for the franchise and a love letter to its storied past. After bringing Mario and crew back to its side-scrolling inspired roots in “Super Mario 3D World,” Nintendo […]
The Razer Phone is built for your mobile gaming habit
Razer is getting into the smartphone business with its Razer Phone, and handset designed specifically for mobile gamers. Razer is best known for making some incredibly slick gaming accessories and, more recently, impressive laptops like the Razer Blade Stealth and Blade Pro. But now the company is getting into the smartphone market. Yes, Razer is building a gaming phone. […]
Microsoft Xbox One X review: A beast of a console at a steep price
Microsoft’s Xbox One X is a beast of a console. It’s 30% faster and its graphics chip is 4.6 times more powerful than its predecessor, the original Xbox One. And Microsoft (MSFT) is also pretty keen on boasting about all of that firepower. But what’s the point of all of it all? To push 4K, high-dynamic range-capable games at […]
How to explain the surprisingly strong Obamacare signups
Open enrollment is here and lasts until mid-December. Initial signups have been strong. (Associated Press) Open enrollment for Obamacare began on Nov. 1, and more than 601,462 people signed up in the first four days. That’s considered a strong number — it’s up 179% compared to the same period last year, according to former Health and […]
Battle of the 4K streaming boxes: Apple, Google, Amazon, and Roku
Here’s a dirty little secret the TV companies would prefer that you didn’t know: You can’t see the difference between 4K and regular high definition. “4K” means four times as many pixels as on an HDTV in the same space. And from a normal seating distance, on standard TV sizes, the human eye can’t make out the […]
Nvidia earnings roar past Street estimates, shares rise almost 4%
All revenue categories top estimates except auto hardware sales Nvidia Corp. shares rose almost 4% in premarket trade Friday, extending late-session gains after the Santa Clara, Calif.-based graphic processing unit maker’s quarterly results and revenue outlook topped Wall Street estimates. Nvidia NVDA, +5.27% shares were last up 3.6%. That follows a 1.8% decline in Thursday’s regular session. […]