Новости за 18.07.2018

The chief executives of three semiconductor companies have stepped down in the span of one month, in what appears to be a #MeToo-inspired and long-overdue reckoning for the male-dominated industry.

As tech companies continue to dominate Wall Street, with four now standing alone with valuations of more than $800 billion, gigantic growth is priced in and expected. All the drama is in the forecasts.

Chip-company executives will to have to address an elephant in the room on conference calls this earnings season as the industry grapples with growing trade tensions with one of its largest customers, China.

Ryan Detrick at LPL Research believes inverted yield curves don’t always sound the alarm to sell.

The Facebook Inc. data set related to the Cambridge Analytica scandal was accessed from Russia, according to a CNN report late Tuesday. Facebook stock was flat in after hours trading. Citing Conservative member of parliament Damian Collins, CNN reported that the Facebook data touching 87 million people was accessed from Russia and other countries. It was not immediately clear who accessed the data and what specifically was accessed. Facebook stock rose 1.33% to $209.99 during regular trading... Читать дальше...

Berkshire Hathaway Inc. [S: brka] on Tuesday said it approved the amendment of its stock buyback program to give its Chairman and Chief Executive Warren Buffett and Vice Chairman Charlie Munger more flexibility and power in deciding when to repurchase Berkshire shares. The previous program only allowed buybacks when the price for the stock did not exceed 20% premium of the book value. With the change, Buffett or Munger can decide to buy back shares when they deem that the price is below the stock's intrinsic value, on a conservative basis. Читать дальше...

Nest Labs Chief Executive Marwan Fawaz has been removed from his post and the smart device unit of Google will be combined with Google's home and living room products team, according to a report in Cnet. Google and Nest are subsidiaries of Alphabet Inc. . Google's home and living room products team is headed by Rishi Chandra, who is a vice president of product management and the Nest employees will now report to Chandra. Cnet also reported Google plans to keep the Nest brand. Former Nest CEO... Читать дальше...

Buying gold now would only weigh down your investment portfolio, writes Mark Hulbert.

Texas Instruments Inc. shares declined in the extended session Tuesday after the chip maker announced that President and Chief Executive Brian Crutcher is out because of code of conduct violations. Texas Instruments shares fell 2.2% after hours, following a 1.1% gain to close the regular session at $115.80. Crutcher, who officially took over as CEO on June 1, is also stepping down from the company board. Chairman Rich Templeton will take on the added roles of president and CEO "on an ongoing... Читать дальше...

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A young marketing intern, with a predilection for — you guessed it — avocado toast and hot yoga, describes how she manages to afford to live in New York City on $25 an hour in wages and the occasional babysitting gig.

On the defensive after a European trip that drew criticism from fellow Republicans as well as Democrats, President Donald Trump on Tuesday tweeted out defenses to his actions.