industrial news
CryptoWatch: Bitcoins Tumble Has Caused A Lot Of Technical Damage, Says Analyst
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A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, as the world’s No.1 crypto as... Read more
The Wall Street Journal: T. Rowe Price Dumps Most Of Its Tesla Stake
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T. Rowe Price Associates Inc. sold roughly 81% of its shares of Tesla Inc. over the first three months of the year, mark... Read more
The Wall Street Journal: Legg Mason May Become Target Of Activist Campaign To Boost Margins
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Trian Fund Management LP may wage an activist campaign at Legg Mason Inc. and push the money manager to improve its flag... Read more
Cannabis Watch: Tilray CEO Says Pot Supply Is Still An Issue, But Sales Triple And Push Stock Higher
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Tilray Inc. shares rose 5% in the extended session Tuesday after the Canadian weed maker topped consensus revenue estima... Read more
Market Extra: Bitfinex And Tether Parent Challenges N.Y. Attorney Generals Regulatory Authority
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The parent company of cryptocurrency outfits Bitfinex and Tether questions the New York Attorney General’s oversight a... Read more
The Wall Street Journal: SoftBank May Launch IPO Of Its $100 Billion Vision Fund, Start Another Giant Fund
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SoftBank Group Corp. is considering audacious fundraising plans, including a public offering of its $100 billion investm... Read more
American Express Relaunches Blue Cash Preferred Credit Card — With Cashback For Netflix, Amazon, Lyft And Uber
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Card holders will earn cash back on new categories, including streaming services. Read more
Berkshire Has Bought Amazon Stock, But Warren Buffett Says It Wasnt Him
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“One of the fellows in the office that manage money ... bought some Amazon,” the billionaire investor said. Read more
Tesla To Raise Money Through New Stock And Convertible Debt Offerings
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Tesla Inc. on Thursday filed for a capital raise, disclosing its intent to sell both common stock and convertible notes.... Read more
FA Center: This One Investment Move Can Give You Lifetime Yearly Income In Retirement
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A simple annuity is a good way to keep from running out of money, writes Michael Edesess. Read more
Commodities Corner: Why This Cheap Commodity Shouldnt Be Overlooked, Even By Stock Investors
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Water is one of the cheapest commodities on the planet, and life’s most essential resource. It can also be a good inve... Read more
Warren Buffett Says Berkshire Could Buy Back $100 Billion Of Its Stock Over Time
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Warren Buffett’s Berkshire Hathaway Inc. bought back about $1.3 billion of its own stock last year, but the billionair... Read more
Market Snapshot: Stocks Close Mostly Lower As Weak Industrials Sector Offsets Tech Rally
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U.S. stocks close mostly lower Thursday as manufacturing-related sectors logged big losses, offsetting a rally in social... Read more
FA Center: Heres One More Box To Check When Hiring A Financial Adviser
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Your investment portfolio isn’t the only thing an adviser has to manage. Read more
The Ratings Game: PayPal CEO: Venmo Users Are Clamoring To Do More Than Just Send Money
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PayPal Holdings Inc. gave users a small window into its Venmo account numbers on Wednesday, as the company steps up its ... Read more
Market Snapshot: Stocks Close Lower As Earnings Paint Mixed Picture Of Corporate Sector
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U.S. stocks close lower Wednesday, a day after the S&P 500 and Nasdaq carved out their first records in months, foll... Read more
Earnings Results: PayPal Tops Earnings Estimates While Falling A Hair Short On Volume
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PayPal Holdings Inc. beat first-quarter earnings and revenue estimates on Wednesday, while also releasing active-account... Read more
The Wall Street Journal: SoftBank Founder Masayoshi Son Reportedly Lost $130 Million On Bitcoin Bet
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Masayoshi Son, the billionaire founder of SoftBank Group Corp., made a huge personal bet on bitcoin just as prices for t... Read more
Market Snapshot: U.S. Stocks Mostly Higher As Nasdaq Ends At 6-month High Ahead Of Big-name Earnings
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U.S. stocks close mostly higher Monday as investors face a big week for corporate quarterly results and economic data. ... Read more
Earnings Outlook: Amazon Earnings: Revenue Comes Into Focus In 2019
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Amazon is expected to ramp up investments in 2019 after pulling back in 2018. Read more