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BRUSSELS, May 12- The European Union is set to step up pressure on Russia on Monday by taking a first cautious step towards extending sanctions to companies, as well as people, linked to Moscow's annexation of Ukraine's Crimea region.
You'd never guess who's getting rich on YouTube. Would you believe elementary girls that play with food, video gamers and toy collectors.
U.S. stocks rose on Friday, with consumer discretionary leading late session gains.
The "Fast Money" traders share their final trades of the day.
Some of Friday's midday movers:
Activist investors are known to make headlines, but surprisingly only a third of the firms that are approached by activists make the overtures public.
*Utilities, energy stocks sell off as investors book profits. NEW YORK, May 8- U.S. stocks mostly fell on Thursday with the S&P 500 and the Nasdaq closing lower, led by losses in the energy and utility sectors.
Stocks rose on Thursday after upbeat data from China and on the U.S. jobs front.
*Utilities, energy stocks sell off as investors book profits. NEW YORK, May 8- U.S. stocks erased earlier gains with the S&P 500 and the Nasdaq turning lower in a volatile session, led by losses in the energy and utility sectors.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Central bank comments, retail sales, stabilization in internet stocks and the Cheetah Mobile IPO help markets.
Some of Thursday's midday movers:
*Priceline, Tesla bounce from early lows. NEW YORK, May 8- U.S. stocks rose on Thursday, as a turnaround in beaten-down momentum names boosted the Nasdaq while initial jobless claims data, which suggested the labor market was improving, helped lift the broader market. Tesla Motors halved its losses in the session so far and was down 5.7 percent at $189.87.
Cheetah Mobile's shares spiked in their market debut, valuing the Chinese security software maker at about $2.2 billion.
The rampant insider selling at Twitter "shocked" CNBC's Jim Cramer, he said on Thursday, especially since its leaders vowed not to sell their shares.
*Yellen to testify before Senate Budget Committee. *Priceline, bounce from early lows. Tesla Motors managed to cut its initial losses for the session in half, down 5.7 percent to $189.87.
Michael Yoshikami has been inside Alibaba’s headquarters in China and he says it offers great insight for investors on the company’s vision.
May 8- Cheetah Mobile Inc's shares rose about 13 percent in their market debut, valuing the Chinese security software maker at about $2.2 billion, after its initial public offering was priced near the top end of the expected range. Cheetah's shares opened at $15.25 and touched a high of $15.89 in early trading on the New York Stock Exchange.
*Yellen to testify before Senate Budget Committee. *Priceline, Tesla drop after results, outlook. A Kremlin spokesman said Russia needed more information and additional analysis after pro- Moscow rebels in eastern Ukraine snubbed President Vladimir Putin and said they would go ahead with a secession referendum planned for Sunday.
*ADS to trade under symbol "CMCM" on NYSE. May 8- China- based Cheetah Mobile Inc's initial public offering raised about $168 million after the company's shares were priced at $14 each, near the top end of the expected price range. The company sold 12 million American depositary shares, which were expected to be priced between $12.50 and $14.50 each.