As Wall Street sinks, Trump is his own worst enemy
SAN FRANCISCO (Reuters) – As far as the stock market is concerned, U.S. President Donald Trump is, right now, his own worst enemy.
Tesla shares fall on worries about Model 3 production rate
(Reuters) – Tesla Inc shares slumped 5 percent on Monday as investors awaited production numbers for the closely watched Model 3, a cheaper vehicle that analysts see as crucial to the luxury electric automaker’s long-term profitability.
Wall Street tumbles on tech sector, trade war worries
NEW YORK (Reuters) – Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200-day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Britain’s vote to leave the European Union in June 2016.
Wall Street tumbles on tech sector, trade worries
NEW YORK (Reuters) – U.S. stocks plunged on Monday as investors fled technology stocks amid resurging trade worries, sending the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages for the first time since the Brexit vote in June 2016.
Apple plans to replace Intel chips in Macs with its: Bloomberg
(Reuters) – Apple Inc is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp , Bloomberg reported on Monday, citing people familiar with the matter.
DoubleLine’s Gundlach says bitcoin leads stock market movements
NEW YORK (Reuters) – Bitcoin, the highly volatile digital currency, is proving to be the new stock market indicator, influential investor Jeffrey Gundlach said on Monday, adding that this is hardly just a “gut feeling” given the recent price movements….
Blockchain executive Amber Baldet to leave JPMorgan
NEW YORK (Reuters) – Amber Baldet, a blockchain program lead at JPMorgan Chase & Co , is leaving the bank to launch her own venture, JPMorgan said on Monday.
Apple plans to replace Intel chips in Macs with its own: Bloomberg
(Reuters) – Apple Inc is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel Corp , Bloomberg reported on Monday, citing people familiar with the matter.
Time Warner pressure on cable carriers cited as U.S. fights AT&T deal
WASHINGTON (Reuters) – The Justice Department, seeking to stop AT&T Inc’s deal to purchase Time Warner Inc , sought to show how often Time Warner subsidiary Turner would threaten to cut off cable companies to win concessions during contract negotiations.
Silicon Valley, Wall Street taking notes on Spotify debut
NEW YORK (Reuters) – Spotify Technology SA’s unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash.
