Technology stocks have rallied despite trade tensions between the U.S. and China. Facebook, Netflix and the tech-heavy Nasdaq index hit record highs on Wednesday. Many large tech stocks have very little exposure to China and continue to grow rapidly, making them attractive for investors.
The five heavyweight stocks also powered the Nasdaq Composite (.IXIC) to a record high and helped the broader S&P 500 (.SPX) shrug off concerns over tariffs between the United States and China. Trade war worries have limited the benchmark S&P 500's gain to about 3.5 percent this year, but the FAANG group, whose businesses are largely immune to trade and tariffs, has surged 10 times in this period. "We're seeing a big question mark over global trade ... and whenever you see the market get in trouble, it's always important to look for leadership and isolate strength," said Adam Sarhan, chief executive officer of 50 Park Investments in New York.
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Bloons TD 5
© 2012 Ninja Kiwi
Fiat Chrysler Automobiles NV and Luxembourg headed to the European Union courts in the first round of a battle pitting the likes of Apple Inc. against EU regulators who singled them out during a crackdown on controversial tax deals for multinationals. In a hearing at the EU’s second-highest court on Thursday, a Fiat unit and Luxembourg challenged the EU’s order for 30 million euros ($35 million) in back taxes in a closely watched case that may preview the fate of far larger tax bills meted out by the bloc’s regulators since 2015. The commission’s state-aid investigators started work in 2013 to unearth what they deem to be the most problematic examples of otherwise legal individual tax agreements -- or tax rulings -- doled out to companies.
Taiwan Semiconductor Manufacturing Co Ltd, a supplier to Apple Inc , said on Thursday it expects to invest $25 billion in 5 nanometer node technology. The firm did not provide a time frame for the investment....
Jon Hamm stars as Mason Skiles, a former U.S. diplomat, who gets sent to Beirut to negotiate a swap for the release of a terrorist leader, believed to be imprisoned by Israeli secret police, in exchange for a CIA agent who has been kidnapped. Confronted by ghosts from his past, Mason faces a formidable question: Who do you trust in a world where the truth emerges only when it's convenient – or profitable? From the writer of the Bourne trilogy, this taut action thriller also stars Rosamund Pike and Dean Norris and is being hailed by critics as "tense & ever-twisting" (Richard Roeper, Chicago Sun-Times).
© 2017 Bleecker Street Media LLC. All Rights Reserved.
China's commerce ministry on Thursday accused the United States of being "capricious" over bilateral trade issues, and warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington's penchant for brandishing "big sticks". Previous trade negotiations with the United States had been constructive, but because the U.S. government is being unpredictable and challenging, Beijing has had to respond in a strong manner, commerce ministry spokesman Gao Feng said in a regular briefing in Beijing. President Donald Trump threatened on Monday to hit $200 billion of Chinese imports with 10 percent tariffs if Beijing retaliates against his previous announcement to target $50 billion in imports.
The following are the top stories on the New York Times business pages. - Twenty-First Century Fox Inc said on Wednesday it had entered into an agreement with Walt Disney Co, adding that it considered the revamped offer, now valued at $71.3 billion, to be "superior to the proposal" made by Comcast Corp last week. - Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co said on Wednesday they had picked Atul Gawande, a Harvard surgeon, to lead their healthcare venture.
SEOUL, South Korea (AP) — Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.
Exciting adventure of the bouncing ball through the helix tower labyrinth.
One-tap easy-to-learn controls, rich visual effects and addictive gameplay mechanics.
Cupertino elected officials have scrapped a controversial plan...
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Poptropica is an open virtual world created by Jeff Kinney, author of DIARY OF A WIMPY KID. Join a community of more than 10 million players in a unique multiplayer adventure game, where you choose the type of HERO YOU WANT TO BE! Collect powers, prizes, and customize your character with exclusive outfits from your favorite heroes!
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© 2017 Sandbox Networks, Inc. All rights reserved.
© 2018 Sandbox Networks, Inc. All Rights Reserved.
Writing for Techcrunch, Callum Booth talks about a device called Runvi. It’s on Kickstarter right now, consisting of two insoles, and it wants to be your AI-powered running coach by analyzing the way you move. These AI shoes are connected by something called the Core, which is a part of the insole you can remove. This acts as the brain, and powers the sensors, as well as logging and storing data before sending it to your phone.
There are other running products out there – the Lumo Run or Arion, which is another insole tracker, for example – but Runvi, on the surface at least, appears to be superior. It has more sensors, is cheaper than Arion, and is more self-contained, as it doesn’t need anything hooking over your shoe.
It’s vital to remember this is just on paper though. While the idea and set-up looks promising, we’ll have to wait until we have the physical copies in our hands, or, you know, in our shoes, before we can see how it works in reality. Until then, I’m quietly hopeful I won’t hurt my knee any more.
Because of they way they’re photographed, we don’t often get a good perspective on how big modern rockets are. For example, the SpaceX Falcon 9 is 230 ft (70 meters) tall. The SpaceX BFR rocket is 348 ft. (106 meters) tall. What does that really mean in everyday terms? In this video, a VFX artist, with great style, puts the size of these rockets into perspective for us. (Those who’ve been to the Kennedy Space Center in Florida will understand.)
iOS developer Oscar Falmer tweeted a video of an AR business card concept. It shows someone holding up a business card of Oscar, and content like a website link, twitter link, buttons for contact, and a timeline of recent work appears in mid-air around the business card. There is so much potential in augmented reality, and companies like Apple are just getting started. iOS 12 will bring even more AR goodness with ARKit 2.0.
Adam Christianson from the Maccast and John Martellaro join Jeff Gamet to look at who can use our content when we upload to online services and social networks.
Microsoft is ramping up its stake in the artificial intelligence market by buying the AI and machine learning startup Bonsai.
Yesterday Apple announced it ordered multiple live-action and animated series from producer Sesame Workshop
Apple used this year's WWDC to demonstrate a number of areas in which it is playing offense...