Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in Tokyo, Japan, on Wednesday, July 3, 2019. Akio | Bloomberg | Getty Images Uber CEO Dara Khosrowshahi said SoftBank‘s head “doesn’t throw good money after bad” and that the company and its financial backer’s interests are aligned as the Japanese conglomerate
Investing
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Do stock analysts truly have insights for investors about earnings or are they just riding the market? That’s the question Morgan Stanley heard from investors after it detailed a new artificial intelligence strategy in June that studied its own analyst
A Verizon store in New York City. Getty Images High-dividend stocks are starting to stand out as winners as bond yields continue to collapse. Since late July, the S&P Dividend ETF, which bundles high-dividend stocks, has started to outperform the S&P 500 ETF Trust, which mimics the performance of the entire S&P. Since last week,
Peter Navarro, director of the National Trade Council. Andrew Harrer | Bloomberg | Getty Images White House trade advisor Peter Navarro said Beijing plans to devalue its currency — and if it does, the U.S. will respond forcefully. “They’re going to and we’re going to take strong action against them,” Navarro told CNBC’s “Closing Bell”
A trader reacts on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 5, 2019. Brendan McDermid | Reuters The clock is ticking for the relief rally to turn sour, according to Nomura macro and quant strategist Masanari Takada. And by his count, the market has only three good trading