Ports in, tech stocks out can be the theme for Friday. Investors seem to insure themselves against geopolitical tensions that have sprouted in the Middle East and Hong Kong this week, with gold vault on Friday. Meanwhile, US technology warehouses cannot win any population competitions as a red flag cut off how the trade war bites that industry. Tech conglomerate …
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© Reuters. FILE PHOTO: Traders working on the NYSE floor in New York (Reuters) – US stocks opened lower on Friday, weighed down by technology stocks, as the long-feared fight against global growth by President Donald Trump's trade war crystallized in slashed sales forecast by chipmaker Broadcom ( NASDAQ :). Dropped 30.41 points, or 0.12%, open to 26,076.36. It opened …
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US Stocks are trading lower on Friday after Chinese industrial production in May was below expectations. Semiconductor stocks fall after Broadcom lowered its full-year revenue guidance, saying that US and China trading tensions and Huawei's export restrictions damaged the demand for chips I: DJI DOW JONES AVERAGES 26049.98 -56.79 [19659007] -0.22% Change 19659013] I: COMP NASDAQ COMPOSITE INDEX 7792.165028 -44.97 …
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Bloomberg News Shoppers walk past stores at a mall in Chicago The numbers: Reports of the death of the American consumer were greatly exaggerated after U.S. May retail sales data rose at a healthy pace and the decline in the prior month was revised to show a gain. US. retail sales increased 0.5% in May, with broad-based gains, the Commerce …
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Thousands of King Arthur Unbleached All Purpose Meal cases are recalled voluntarily due to E. coli concerns. Thousands of cases of unbleached meal are voluntarily recalled due to E. coli concerns. [19659003] There are nearly 114,000 bags of King Arthur Flour. According to the FDA website, ADM announced Milling Co. King Arthur that wheat used in the flour has been …
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By Shreyashi Sanyal (Reuters) – US stock index futures dropped on Friday, when the long-feared fight against global growth from President Trump's trade war crystallized into slashed sales forecasts by chipmaker Broadcom, and evidence of the worst downturn in Chinese industry for 17 years. Shares in Broadcom Inc declined by 9.8% in premarket trading, having reduced the revenue forecast for …
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Chewy, which was bought by the retailer PetSmart in 2017 for nearly $ 3.4 billion in 2017, priced its original public offer Thursday at $ 22 per share. It's over the expected range and values of Chewy at $ 8.8 billion. The company will raise $ 1 billion from the stock market and will trade on the New York Stock …
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Collapsible phones were meant to be the hot new thing this year, but unfortunately the technology is clearly not ready for the real world. Samsung seeded review units by Galaxy Fold, but journalists quickly found that the devices began to break after just days of use. The bend screen has an air gap around the top and bottom of the …
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A new estimate of Amazon's market share indicates that the technology giant may not be as dominant as we once thought. Amazon is the second largest company in America, with a market value of $ 921 billion, and this week was voted the most valuable brand in the world by BrandZ. But the estimated share of US e-commerce sales was …
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Global Stocks Mixed Over Oil Tanker Concerns, Trade NBC Montana How Tanker Attacks in the Hormone Stream May Affect Oil Prices New York Times Oil Tanker Attack Near Iran Put the Clamp on an Unexpected Party: Japan Yahoo Finance Two oil tankers allegedly attacked near Hormuz Strait | TheHill The Hill Two oil tankers attacked near the Hormuz song as …
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