Stock Trading News | Monday 2-13-17

stock trading news 2-13-17

stock trading news 2-13-17

Trump, Mark Cuban spar on Twitter; preview of 2020 presidential race?

President Donald Trump launched a seemingly out-of-the-blue attack against Mark Cuban on Sunday, calling the
billionaire Dallas Mavericks owner ”not smart enough to run for president.”

The Week Ahead-A contentious confirmation hearing; Yellen talks to Congress; Even more earnings

Andrew Puzder’s confirmation hearing: President Donald Trump’s pick for Labor Secretary is scheduled to appear for his
Senate confirmation hearing on Thursday.

The Number 1 Reason Why Trump Is Good For Stocks

The US equity market is very different than before Election Day 2016, and that’s not just because we are at fresh all-
time highs. There were plenty of new highs from 2013-2016, after all. What’s different is the lack of sector and asset
class correlation now versus 2009 – 2016.

Elizabeth Warren probes Goldman Sachs’ ties to Trump White House

The market value of Goldman Sachs soared by $4 billion last Friday as President Trump signed an order to begin the
process of dismantling Dodd-Frank, with former Goldman president Gary Cohn standing behind him.

Whole Foods’ dream transformed into its worst nightmare

Whole Foods pioneered the organic food movement in the US decades before it was popular, betting on the idea that
people would pay a premium for the label.

Japan’s Economy Expands 1% on Exports, Business Spending

Japan’s economy has now expanded for a fourth consecutive quarter for the first time in more than three years. While
the yen’s decline following Donald Trump’s election is providing a tailwind for Japanese exporters and corporate
earnings, protectionism looms as a risk to global trade.

UAE says expects higher compliance with OPEC, non-OPEC deal

Compliance with a global supply cut deal by OPEC and non-OPEC oil producers has been high in January and that level of
commitment is expected to improve over the next months, the United Arab Emirates Energy Minister said on Sunday.

Verizon brings back unlimited data plan on 4G network

Verizon announced on Sunday that it would begin offering unlimited data plans for subscribers, several years after it joined competitors in backing away from bottomless data packages.

Amazon warns that trade protectionism could hurt business Inc (AMZN.O) warned on Friday that government actions to bolster domestic companies against foreign  competition could hurt its business, in a possible reference to U.S. President Donald Trump’s “America First” agenda.

Twilio’s Lock-Up Expiration Explained

Twilio Inc TWLO 2.59% shares were volatile Friday morning, swinging from positive to negative territory and back again
as traders and investors seemed to show confusion related to the timing of the company’s IPO lock-up expiration.

Tesla’s battle with union organizers is heating up

A Tesla factory worker says he wants to form a union. Elon Musk says he’s being paid by United Auto Workers. The UAW
says Musk is spreading fake news.

Nike shows it’s no Under Armour with LeBron ad that slams discrimination

It’s getting harder and harder to avoid politics in sports. Pro basketball stars in particular are speaking out against
discrimination and hate, and LeBron James is no exception.

On Sunday, the three-time NBA champion tweeted out this powerful new Nike ad featuring himself, fellow NBA pro
Kevin Durant and tennis great Serena Williams.

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