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Senate confirms Wall Street attorney Jay Clayton to head SEC
WASHINGTON (AP) — The Senate on Tuesday confirmed Jay Clayton, the Wall Street attorney chosen by President Donald Trump to lead the Securities and Exchange Commission.The vote was 61-37 to give...
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One analyst says look past Apple earnings and look ahead to the iPhone 8 (AAPL)
Shares of Apple are down roughly 1% to $145.93 as of 11:00 a.m. ET this morning after the company reported revenues and iPhone sales that missed analysts' estimates.However, one analyst told investors...
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UBS: Ferrari is going to be boosted by 'super margin cars' (RACE)
Shares of supercar manufacturer Ferrari have been racing higher ever since the company's January 2016 IPO. The stock is up 71.4% and one analyst thinks it has more room to run.In a note circulated to...
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A chief strategist with insight into 7 million brokerage accounts talks...
After a strong start to earnings season, the tempo has slowed after results from Apple failed to excite investors.The market also just got hit with first quarter GDP that disappointed, April auto sales...
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Jeff Bezos just sold nearly $1 billion of Amazon stock (AMZN)
Amazon CEO Jeff Bezos sold about $941 million of Amazon stock in the last three days, the company said in a SEC filing.It was part of a previously scheduled sale plan, but because Amazon's shares have...
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Warren Buffett wants to buy something huge (BRK/B, BRK/A)
Warren Buffett 's Berkshire Hathaway, has a stockpile of $90 billion in cash and he wants to "buy a big business," with it, he told CNBC on Friday. Buffett told CNBC's Becky Quick that low interest...
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The founder of DreamWorks is urging Disney CEO Bob Iger to run for president...
No one thought that a civilian with no military or political experience could win the race for the highest office in the land, President of the United States.That was of course until real estate mogul...
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One Wall Street analyst says Tesla's an 'extreme growth story' and it's not...
Tesla shareholders are having their best year since 2013. After stalling for three straight years, shares of Tesla are up 44.3% in 2017.Last week, a team of UBS equity analysts tore up the investment...
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Apple just got its highest price target ever — and it values the company at...
Apple stock is up 2.42% at 152.57 as of 12:20 p.m. ET on Monday. Shares of the tech giant are rallying following an extremely bullish analyst report from investment bank Drexel Hamilton.Equity analyst...
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Apple is now worth more than $800 billion (AAPL)
Shares of Apple are up 3.05% at $153.44 on Monday following an analyst report from Drexel Hamilton that suggests Apple will become a $1 trillion company.Monday's pop pushed Apple's value past $800...
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Trump's firing of FBI Director Comey has huge implications for stocks
President Donald Trump's economic agenda was already imperiled by internal disagreements among Republicans that threaten both his promised healthcare overhaul and, more important for Wall Street, the...
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UBS spoke to 2 tech wizards about where Apple stock will go from here (AAPL)
Tech giant Apple is flying high. It just became an $800 billion dollar company for the first time, and the Apple stock price is hovering around all-time highs.UBS equity research circulated a note to...
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APPLE EXPERT: 'Transportation is Apple's future' (AAPL)
UBS' equity research team circulated a note to clients on May 10 to share what they learned from speaking with Apple expert, Horace Dediu.The biggest takeaway: "Transportation is Apple's future."The...
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Millennial investors are getting whacked after Snap's big miss (SNAP)
Shares of messaging company Snap are plummeting in the after-hours trade.The stock is down more than 21% after missing earnings and daily active user estimates in its first quarterly report as a...
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TD AMERITRADE: Retail money isn't dumb money (AMTD)
Business Insider spoke with TD Ameritrade Chief Market Strategist JJ Kinahan to discuss the state of the retail investor. Kinahan is an expert in retail investing. As the chief market strategist at TD,...
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The Goldman guys in the White House are acting exactly how America feared...
One thing is certain after President Trump's Trumpenomics interview in The Economist: The Goldman Sachs guys in the White House are acting exactly as America feared they would.Instead of teaching Trump...
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One Wall Street analyst says Snap is an 'excellent buying opportunity' (SNAP)
Snap, the parent company of messaging app Snapchat, reported earnings and daily active user numbers that disappointed investors and sent the stock crashing 21.5% on Thursday.But, Drexel Hamilton...
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A pair of hedge fund giants bought Snap shares last quarter (SNAP)
David Tepper's Appaloosa Asset management and Daniel Loeb's Third Point both acquired shares of Snap stock during the first quarter, filings show. Appaloosa bought 100,000 shares representing a $2.25...
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A $500 billion investor developed 'cutting edge' technology, and now it's...
Picture this: you're trying to buy a used car, and you're having difficulty.There are many, many more cars out there now than there were a few years ago. The old go-to used-car dealers have smaller...
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Wall Street has lost its mind when it comes to Ford (F)
• Ford booked a record profit in 2016, yet its shares are down 30% over three years.• Tesla has passed Ford in market cap.• Investor pressure on the carmaker is cranking up.Consider this scenario: Your...
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