The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
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Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trader Dan Nathan said that, as a stock, Time Warner looks very attractive especially since it owns powerhouse HBO, which recently netted 22 Primetime Emmy Awards, the most of any network.
"That stock trades below market multiple ... It's a cheap stock and they have HBO," Nathan said. "That is the delivery mechanism that you want. HBO has figured it out [with] HBO Now and HBO Go, so that's a good model for the others.
Trader Tim Seymour agreed, saying it "trades cheap to the parts" on a valuation basis.
"Bottom line here, Time Warner is the name to play in the cord-cutting space," he said.
Trader Pete Najarian disagreed, saying that content seems more important and for that reason he prefers Disney.
Brian Kelly is long Bitcoin, CME, DXJ, GDX, KBE, SLV, TLT, VXX, XLF, XOP, US Dollar UUP. He is short the euro and the Japanese yen.
Dan Nathan is long TWTR, long PYPL call calendar, long FEZ Nov put spread, long EEM Nov put spread, long XHB Jan put spread, long XLK Jan put spread, XLU Dec call spread.
Tim Seymour is long APC, AVP, BAC, BBRY, CLF, DO, DVYE, EDC, EWZ, F, FB, FCX, FXI, GM, GOOGL, GRMN, GE, INTC, LQD, M, MCD, MPEL, NKE, RACE, RAI, RH, RL, SINA, T, TWTR, UA, VALE, VZ, XOM and short: SPY, XRT. His firm is long ABX, BABA, BIDU, CBD, CLF, EWZ, F, HD, KO, MCD, MPEL, NKE, PEP, PF, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, and short HYG, IWM, UAL.
Long stock: AAPL, BAC, BMY, DIS, DISCA, GE, KMI, KMIA, KO, LUX, PEP, PFE, VIAB CALLS: AAL, ABT, AMD, APC, BAC, BSX, CNX, COP, CRM, CS, CSCO, DAL, DISH, ETP, GS, GT, INTEL, JBLU, JCP, KGC, LLY, KMI, KO, LOW, M, SBUX, SLW, TMUS, TTS, TWTR, VRX, X, SLV, ATVI, WUBA Puts: CLF, EEM