Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
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U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley's glass ceiling.Technologyread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
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President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Facebook is set for strong earnings with healthy advertising revenue growth and a stock set to pop another 22 percent over the next 12 months, according to one Wall Street analyst.
Deutsche Bank told investors to watch for 42 percent year-over-year ad revenue growth and mentions of "aggressive" investment in video content in Facebook's earnings report Wednesday. The social media giant is expected to funnel additional funding into video content over the next year in an effort to capture unrecognized revenue.
"We see upside bias to revenue and earnings estimates for 3Q and beyond," wrote Deutsche Bank analyst Lloyd Walmsley. "Despite Facebook's caution of a second half 2017 slowdown due to ad impression growth, our conversations with advertisers throughout the quarter and at AdWeek suggested that strength in ad revenues should continue."