Salesforce Climbs After AI Deal With IBM Unveiled
The shares of Salesforce (CRM) are rising after the company unveiled a “global strategic partnership” with IBM (IBM) for the development of artificial intelligence products. NEWS: Salesforce and IBM last night announced that they would partner “to deliver joint solutions designed to leverage artificial intelligence.” IBM and Salesforce said they would begin the partnership by […]
Jill Tries To Climb IPO Hill
Despite the “retail winter” that Amazon (AMZN) has wrought on the industry, investors remain interested in finding defensible niches in the business. One meme that has gained some momentum is around “brands that control their product, distribution, and destiny.” J. Jill (JILL) is a woman’s clothing brand that started out as a catalog business in 1959. […]
Are Stocks Overbought?
On Monday, the market sold off slightly. The sell-off was either a continuation of the selling pressure caused by the market being overbought after the Trump-speech rally or because the stock market finally realized rate hikes are coming fast and furious this year. In my opinion, the market shouldn’t have rallied after Trump’s speech because […]
This New Feature From Amazon.com, Inc. Could Disrupt Twitter Inc. Forever
Written by Stocknews.com Amazon.com, Inc. (Nasdaq: AMZN) is most prominently known for its rapidly growing retail presence, but its Twitch video game broadcasting service is growing fast — and just rolled out a new feature that could disrupt Twitter Inc. (NYSE: TWTR) forever. Amazon acquired Twitch back in 2014 in a move that left a lot […]
The Barron Is Back
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. In 2001 you could count the number of people in the world who believed we were starting a gold bull market on one hand even if you were missing fingers. Everyone hated gold, […]
“Only” 16% Of The World’s Total Debt Now Has A Negative Yield
On Monday in “Was $13 Trillion Peak Negative?” I highlighted the following two charts … (BofAML) …on the way to suggesting that perhaps – just perhaps – the reflationary momentum that seemed to reassert itself late last summer and which was given a Pulp Fiction-style adrenaline shot to the chest following Donald Trump’s election, might mean that we’ve […]
Why OPEC Is Colluding With Hedge Funds
Something unprecedented happened last November when OPEC sat down in Vienna to hammer out the final terms of its oil production cut deal (which, incidentally, has yet to translate into a drop of all time high inventories): one day before the summit, the oil producing cartel – or rather Saudi Arabia – secretly invited hedge […]
Yuan Strengthens As Foreign Reserves Rise
Yuan Rates – China’s foreign reserves increased $6.92 billion in February from the previous month, the first rise in seven months. The February print also climbed above $3.0 trillion, a level considered to be psychological important, to $3.005 trillion. The offshore Yuan strengthened against the U.S. Dollar, with the USD/CNH falling 67 pips within the first four […]
S&P 500 Is Getting Ready For Real Wage Growth
The S&P 500 is highly correlated to real wage growth and recent gains in the index may be anticipating faster wage growth under Donald Trump, that’s according to research from analysts at Jefferies. S&P 500 Is Getting Ready For Real Wage Growth According to Jefferies’s weekly chart update, when compared to returns of the S&P 500, real wage […]
How To Supercharge The Autonomous Vehicle Industry
What will the car of the future look like? It may not be long before we know. In early February, Ford announced that it will allocate a staggering $1 billion over the next five years to develop the first fully autonomous vehicle, and almost every global automaker is working feverishly to create the ultimate self-driving […]
