Stock Market Today


 

Erica Chaves addresses media after her daughter was one of 35 people injured when a car plowed into a group of protestors.

addresses car Chaves daughter Erica injured media plowed protestors

 

Allocation of capital for original programming will be important over the next few years. That will pressure it to spend more on original content than it has in the past.

companies Consumers content Disney hit Netflix Rhimes streaming TV year

 

Mortgage rates rose moderately today as weekend news headlines suggested some measure of de-escalation of nuclear tensions between the US and North Korea.

In the afternoon, comments from NY Fed President Dudley (one of the 3 most important voices at the Fed) kept pressure on rates, which seemed willing to recover in the late morning hours.

August consensus Dudley Fed investors July news pressure rates sales

 

On 26th January this year, I wrote an article explaining why I had turned bullish on NMM.

In March this year, NMM announced the purchase of 14 containerships.

bullish charter coming containership earning expire market NMM ship unit

 

Bitcoin hit another record Monday, but commodities whiz Dennis Gartman still isn't buying.

Gartman said he appreciates bitcoin's introduction of blockchain technology.

Bitcoin buying commodities Dennis Gartman hit Monday Record supposed whiz

 

Most of the big hedge funds that bought Snap shares in the first quarter sold them just one quarter later, leaving billionaire George Soros as the only major investor still owning shares in the social media company.

David Tepper's Appaloosa Management dissolved its 100,000-share stake in Snap in the second quarter, according to a regulatory filing Monday with the U.S. Securities and Exchange Commission.

big bought filing funds hedge leaving quarter share SNAP sold

 

As cruise stocks continue to roar higher this year, Jim Cramer noted that this group seemed to defy the odds of a skeptical analyst community.

In particular, Royal Caribbean, Carnival and Norwegian Cruise Line have been strong performers.

analyst Carnival Cramer cruise Goldman higher Norwegian Royal Caribbean stock strong

 

Everyone who follows the tech space knows that artificial intelligence ("AI") is one of the hottest area of investment. If I am correct, this also means bad news for Amazon competitors - this is particularly true in the retail space where competitive have invested little in AI technology by comparison.

AI Amazon capabilities Google investment investors market Microsoft Q2 stock

 

The months of August and September are notorious for dramatic declines in the stock market, and Jim Cramer warned investors to be mentally and financially ready when it happens. Thus, the market could move higher while Congress is not in session, and then be impacted negatively when it reconvenes in September.

Cramer earnings inflation interest rates investors market September spooked stock weak

 

The billionaire Beny Steinmetz was detained by the Israeli police on Monday morning for questioning in connection with an investigation into money laundering, obstruction of justice and bribery, officials said. Steinmetz, an Israeli diamonds, mining and real estate magnate, is already under scrutiny by law enforcement authorities in four other countries, including the United States.

detained investigation Israeli laundering mining money Mr states Steinmetz United

 

Here’s one that came my way earlier today although the report was from January: New York Fed Chief Dudley has an Idea — Homeowners Should Tap Into Equity.

New York Fed President William Dudley on Tuesday encouraged homeowners to find “prudent” ways to tap into the equity that has built up in the homes, saying the boost in consumption would be a welcome shot-in-the-arm to the economy.

Dudley economy equity Fed home homeowners housing President tap York

 

The 7th U.S. Circuit Court of Appeals in Chicago on Monday cut to $2.7 million from $4.77 million the sum owed to the plaintiffs' lawyers.

appeals Chicago circuit Court cut Lawyers Monday owed plaintiffs

 

With his gesture on Sunday, the 31-year-old defensive end became the latest NFL player to use the playing of the Star Spangled Banner anthem as a protest forum.

defensive Gesture latest NFL old player playing star Sunday year

 

As Charlottesville reeled from the killing of a woman during a white-nationalist rally, well-wishers left flowers at a makeshift shrine nearby in the heart of downtown.

CHARLOTTESVILLE killing left nationalist rally reeled well White wishers woman

 

If all goes well RT002 could be launched in the United States in late 2019 or 2020, followed by European markets.

If all goes well RT002 could be launched in the United States in late 2019 or 2020, followed by European markets.

data management market Phase Pivotal readers SAKURA stock study trial

 

David Tepper's Appaloosa Management and three other hedge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings.

Appaloosa disclosed a 3.7 million stake in shares of Alibaba, according to a Monday filing with the U.S. Securities and Exchange Commission.

Alibaba Appaloosa David filing funds hedge management shares stake Tepper

 

After-hours buzz: P, SYF & more [0.16]

Posted on Aug. 14, 2017, 9:41 p.m. by Warren Buffett Watch @ [source]

Shares of Pandora shot up nearly 4 percent in extended trading after the company announced a new CEO at the closing bell.

Synchrony Financial's shares jumped more than 4 percent in after hours trading.

bell Berkshire CEO conglomerate extended financial Hathaway Pandora shares trading