The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday morning as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Kratos Defense & Security Solutions: "This is a very interesting one. We recommended it. We got a lot of hate mail, a lot of hate-tweets. A lot of people felt I didn't know what I was talking about. Well, the stock has been just a huge overachiever, but at this price, don't need it. Not going to push it here. We prefer to be in Raytheon. This is the cheapest defense stock. Why? Not dependent on U.S. buying. It's much more of an international play. They buy Patriot missiles as a way to placate our president. "
Anheuser-Busch InBev: "Listen to me and listen good: We do not want Anheuser-Busch. What we want is Constellation Brands, STZ, and I mean it. Really, partner, you've got to be in STZ. That's the one that's going higher. "
Alteryx, Inc.: "It's up more than 100 percent. It's almost like I should institute some rules. If it's up more than 100 percent, we kind of let it cool. I'd say this one is one of those that I talked about at the top of the show — 7 to 10 percent pullback, totally realistic. Let it happen and then do a little picking. "
Walker & Dunlop: "It doesn't have a good yield. It is an inexpensive stock, but I have no edge. We liked CBRE for a while. That's OK. But it just doesn't have what it takes right here. It just doesn't. "
Johnson Controls International: "Johnson Controls is problematic. A series of bad quarters, a new CEO, new guy comes in after that, not demonstrably successful yet. We need to see more. The proof is in the pudding and we don't have any proof yet. I don't like this industrial. It's one of the few industrials that I'm just not a backer of."
Nektar Therapeutics: "I think it's a great spec. It's got a big pipeline of drugs. You know, look, the speculative stocks aren't working that well right now, but I don't want to sell the stock here. I think that would be a big mistake."
Align Technologies: "Align Technologies is Invisalign. This is a stock everybody knows I like. It's up 60 percent. It's only down a few percent from its high. This stock is too hot. If this goes to $335, $340, buy, buy, buy. Staged buys; nothing aggressive. We don't know how long this [sell-off] is going to last."