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Apple Inc supplier Japan Display Inc said on Wednesday that concerns about immediate cash shortfall have been resolved as a "client," which a source familiar with the matter said is Apple, has agreed to shorten a payment period. "I can now say concerns about financing have been resolved," Minoru Kikuoka, who took the helm of the company in September, told reporters, adding that "most credible business partners" have given assurances. A source familiar with the matter said the client in question was Apple.

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23 Oct, 2019 / 07:40

The largest company in the world by market cap is reporting earnings Wednesday, October 23rd, after the bell in one of the most anticipated September quarter releases.

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23 Oct, 2019 / 06:30

The boldest launch of a new apple in two decades will soon reach US supermarkets in the form of the Cosmic Crisp. With 12m trees already growing in the state of Washington and a $10m marketing budget, there has been nothing quite like it since the Pink Lady apple emerged from Australia. “It is enormously crunchy and wipe-your-face juicy,” says Kathryn Grandy, director of marketing for Proprietary Variety Management, the US company in charge of launching the Cosmic Crisp.

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23 Oct, 2019 / 04:00

(Bloomberg) -- Hong Kong law enforcement authorities have access to artificial intelligence software that can match faces from any video footage to police databases, but it’s unclear if it’s being used to quell months-long pro-democracy protests, according to people familiar with the matter.Police have been able to use the technology from Sydney-based iOmniscient for at least three years, and engineers from the company have trained dozens of officers on how to use it, said the people, who asked not to be identified because the information isn’t public. The software can scan footage including from closed-circuit television to automatically match faces and license plates to a police database and pick out suspects in a crowd.In addition to tracking criminals, iOminiscient’s artificial intelligence can be used for everything from finding lost children to managing traffic. In one training session that took place after the protests began in June, the people said, officers asked how to automatically identify license plate numbers using dashboard cameras.Questions over the use of facial recognition technology have loomed over the protests, stoking fears that Hong Kong is moving closer to a mainland-style surveillance state. Demonstrators have worn masks, destroyed CCTV cameras, torn down so-called smart lampposts and used umbrellas to hide acts of vandalism. Authorities in turn used an emergency law this month for the first time in more than half a century to ban face masks, a move that triggered increased violence.“Hong Kong people are afraid of being captured by the CCTV cameras,” said Bonnie Leung, a district councilor and a former leader of the Civil Human Rights Front, which has organized some of the biggest protests in the past few months. “Why are people still wearing face masks? Because of the police surveillance.”While Hong Kong’s government has disclosed some ways it uses facial recognition technology, Chief Executive Carrie Lam’s administration and the police haven’t publicly confirmed whether they are using it to monitor the protests. Patrick Nip, secretary for constitutional and mainland affairs, said in June that no government department had procured or developed automated facial recognition-CCTV systems or applied the technology in CCTV systems.Nip’s office referred all questions on facial recognition technology to the police, which didn’t respond to multiple requests for comment.iOmniscient declined to comment on whether Hong Kong’s police use its facial recognition technology. The company said that its technology also has the capability to keep identities anonymous for such uses as crowd control. Its systems are used in more than 50 countries and only a small portion of overall revenue comes from Hong Kong, where business opportunities are relatively limited given privacy concerns and fewer cameras compared with other cities, according to the firm.Under Hong Kong’s privacy laws, which are more stringent than the mainland, members of the public must be informed if they’re subject to surveillance. If authorities are matching faces or names to identity markers, that would fall under the privacy ordinance, according to Stuart Hargreaves, a law professor at Chinese University of Hong Kong who researches surveillance and privacy issues. However, police can claim an exemption if the data is being used to detect or prevent crime.“Is the ‘facial recognition’ simply the police combing through video footage for ‘known individuals,’ or is there some kind of automated AI system at play?” Hargreaves said. “The truth is we simply do not know.”The world’s five most-watched cities are all in China, with the top city of Chongqing having about 168 cameras per 1,000 people, according to estimates by Comparitech. By comparison, Hong Kong’s 50,000 CCTVs are one-tenth the number in London and not enough to put it in the top 20 most-watched cities.Hong Kong authorities have tried to appease concerns by pointing out that there is no in-built facial recognition in recently installed smart lampposts or in CCTV cameras at China government offices. Still, the technology has been used in the city for more than a decade, including at the airport and Shenzhen border for immigration control.Next year a new electronic identity system is scheduled to come into effect in which as many as 100 public services will make use of biometric authentication, including facial recognition, eye scans, and finger and voice prints. A unit of Ping An Insurance Group Co., whose shareholders include the Shenzhen government, is responsible for the design, implementation and support of the core system, as well as facial recognition and imaging processing, according to a government statement in April.Some Chinese companies recently blacklisted by the U.S. over human rights concerns in the far west region of Xinjiang have their tech in Hong Kong. Face scan technology from AI startup Yitu Technology will be among the options that staff can choose to access the headquarters of the government’s electrical and mechanical services department, according to a June statement on the three-month trial project. Yitu didn’t immediately respond to a request for comment.Hangzhou Hikvision Digital Technology Co. cameras with facial recognition capabilities are installed outside of buildings including the Leisure and Cultural Services Department, though the facial recognition function hasn’t been turned on, according to responses from government agencies to lawmaker Charles Mok. The department told him it sent footage from its cameras to police seven times since the protests began.“The whole thing is: do you trust the government with your data?” said Mok, who has been in the information technology industry for more than 20 years. “That’s the problem, if there’s a whole breakdown of trust.”A Hikvision spokesperson said its products are sold through third parties, so it cannot confirm camera locations or whether a specific function is turned on. The group opposes the U.S. sanctions and is working to address concerns, recently retaining former U.S. Ambassador Pierre-Richard Prosper to advise on human rights and compliance.On Hong Kong’s streets, riot police have sought to avoid the cameras even while arresting more than 2,000 protesters, including nearly 100 people for violating the mask ban. They’ve used flashlights to disrupt media coverage, and some officers removed ID numbers and donned masks to hide their identities for fear that they could become victims of personal attacks online, known as doxxing. Apple Inc. recently pulled a live mapping app used by protesters to track some police deployments including of water cannons.Hong Kong protesters have continued distributing masks at rallies, telling demonstrators to take one “if you aren’t feeling well” to take advantage of exemptions in the law.At least one Hong Kong company, TickTack Technology, pulled out of the smart lamppost program after protesters tore one down and found a Bluetooth Beacon the company used to signal its location to devices including smartphones. Demonstrators then doxxed some of the group’s founders.“We prefer to be low-profile till things cool down,” a TickTack spokesman said by email.Hong Kong’s Innovation and Technology Bureau said in a statement that it “deeply regrets” that a local enterprise was cowed into stopping the supply of its technology, calling it a “serious blow” to local innovation. The government has denied that the lampposts have facial recognition capabilities.Hong Kong’s colleges are also involved in facial recognition. Tang Xiaoou, a professor at Chinese University of Hong Kong’s Department of Information Engineering, is a founder of SenseTime, the world’s most valuable artificial intelligence startup.The developer of facial recognition was among eight Chinese companies blacklisted by the U.S. over Xinjiang, where the Chinese government has implemented a massive program of surveillance and re-education camps to monitor the local mostly Muslim population. The company said it sees its technology as a “global force for good” and is disappointed with the U.S. sanctions, and will work to address any concerns.Sensetime said its focus in the city is on education and it does not have any contracts with the Hong Kong government. The group published Hong Kong’s first textbook on artificial intelligence for secondary schools.Banks including HSBC Holdings Plc allow clients to open accounts with selfies under guidelines of the Hong Kong Monetary Authority, which is also considering allowing face scans for ATMs. Customs guidelines allow firms to use face scans for security.The current protests may dampen enthusiasm for greater use of facial recognition. As demonstrations have become more violent and intense over the weeks, the number of masks has grown -- including, more recently, those of Chinese President Xi Jinping and the Guy Fawkes mask associated with the Anonymous movement.“The government is just trying to take away our rights,” Angus, a 22-year-old student wearing a surgical mask and black clothes, said on the day Lam announced the ban. “They’re just the tool of the Chinese government. We don’t want to be China.”(Updates with Hikvision comment.)To contact the reporter on this story: Blake Schmidt in Hong Kong at bschmidt16@bloomberg.netTo contact the editors responsible for this story: Daniel Ten Kate at dtenkate@bloomberg.net, Adam Majendie, Chris KayFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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23 Oct, 2019 / 01:44

* Aluminium Production by Power Source: https://tmsnrt.rs/2P737Hx

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23 Oct, 2019 / 01:00

Microsoft is set to release fiscal first-quarter 2020 results today after market close. Being the world's largest software maker, it is worth taking a look at the company’s fundamentals ahead of its results.

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23 Oct, 2019 / 01:00

Netflix Inc. tapped the high-yield bond market for another $2.2 billion on Tuesday to help it pay for new content as the battle for streaming customers heats up with a slate of new offerings on tap.

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23 Oct, 2019 / 00:07

A New York-led probe into allegations that Facebook Inc put consumer data at risk and pushed up advertising rates has expanded to include attorneys general from 47 U.S. states and territories, New York Attorney General Letitia James said in a statement on Tuesday.

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22 Oct, 2019 / 23:38

U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of interest, a move that could further delay the contract-award process.

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22 Oct, 2019 / 23:12

(Bloomberg) -- Facebook Inc. is following other tech titans like Microsoft Corp. and Google, pledging to use its deep pockets to ease the affordable housing shortage in West Coast cities.The social media giant said Tuesday that it would commit $1 billion over the next decade to address the crisis in the San Francisco Bay Area, building as many as 20,000 new homes that are accessible to teachers, nurses, first responders and other essential workers. A quarter of the funds are earmarked for a partnership with California to construct housing on state-owned land in areas where there aren’t enough residences.“State government cannot solve housing affordability alone, we need others to join Facebook in stepping up,” California Governor Gavin Newsom said in the statement. “Progress requires partnership with the private sector and philanthropy to change the status quo and address the cost crisis our state is facing.”Newsom, who campaigned last year with the promise of building 3.5 million homes in the state to ease the shortage, has been under pressure to deliver. This month, he signed legislation that’s intended to curb rent growth. But he’s made clear that the state won’t be able to solve its problem without building many more new homes. Recent data suggests that permits for new construction have fallen this year, calling into question whether the state will be able to make progress.While researchers have said there are other barriers to construction in California, the success of Facebook and other technology companies has contributed to soaring housing costs in the San Francisco Bay Area and greater Seattle, where Microsoft is based. The firms employ tens of thousands of high earners who have bought or rented homes, leaving fewer options for poor and middle-income residents. San Mateo County, which includes Facebook’s headquarters in Menlo Park, added more than 13 jobs for every new unit of housing between 2010 and 2015, according to an analysis by Up for Growth, a group that advocates for more construction.That imbalance has contributed to a backlash against tech firms at the same time they’re facing tough questions about their market power, their role in spreading disinformation and their approach to user privacy. Facebook Chief Executive Mark Zuckerberg is set to appear for a public hearing before the House Financial Services Committee on Wednesday in Washington. That committee, run by Maxine Waters, a Democrat from California, oversees housing and urban development issues.“A company like Facebook wants to build all the good will that it can, and this is certainly one way to do it,” said Margaret O’Mara, a University of Washington history professor and author of “The Code: Silicon Valley and the Remaking of America.” “I’m glad that big tech companies are stepping up to address the problem, but it’s going to require much more than this.”The pledge was announced Tuesday, in part because it took time to work out details of the partnership with the state, said Menka Sethi, the company’s director of location strategy. Other pieces of the commitment -- such as a $25 million investment in teacher housing in Silicon Valley -- were previously disclosed or build on prior efforts.Facebook said that $150 million, for instance, would go toward an affordable housing fund set up by the Partnership for the Bay’s Future, an organization backed by Zuckerberg and his wife Priscilla Chan that was unveiled earlier this year. Another $350 million will serve as “additional commitments” that will be allotted to efforts that are deemed effective in the Bay Area or elsewhere where the company does business. The final $225 million is related to land that the company previously purchased and has zoned for housing.That’s similar to what Google is pursuing with the lion’s share of its own $1 billion pledge to build housing in the Bay Area, which was announced in June. Microsoft led the pack with a $500 million commitment to Seattle-area housing in January.Facebook’s Sethi emphasized that her company is also interested in changing policy and partnering with the public and private sector on the issue, so that California can start producing the 3.5 million homes it needs.“The funding alone is not going to get the job done,” she said.(Updates with executive’s comment starting in eighth paragraph)\--With assistance from Kurt Wagner.To contact the reporter on this story: Noah Buhayar in Seattle at nbuhayar@bloomberg.netTo contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Dan Reichl, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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22 Oct, 2019 / 23:04

Investing.com - Asian markets fell in morning trade on Wednesday following news that the deadline for the U.K. to leave the European Union is likely to be set back again.

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22 Oct, 2019 / 22:53

Defense Secretary Mark Esper has removed himself from decision-making on a cloud computing contract potentially worth $10 billion, citing his son’s employment with one of the original contract bidders.

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22 Oct, 2019 / 22:31

Earnings season continues to rage on with industrial heavyweights Caterpillar and Boeing reporting quarterly results ahead of the opening bell, and tech behemoth Microsoft and electric carmaker Tesla rounding things out after the market close Wednesday.

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22 Oct, 2019 / 22:28

The company is well-positioned for further gains, reflecting accelerating revenue growth in the industry.

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22 Oct, 2019 / 21:56

Boeing Co., Tesla Inc. and Microsoft Corp. headline an action-packed slate of Wednesday earnings. The aerospace giant will have to face investors Wednesday morning amid a new raft of controversy around the troubled 737 Max jets. Last week, reports surfaced indicating that Boeing (BA) misled regulators about the jets’ safety years before they were involved in two deadly crashes.

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22 Oct, 2019 / 21:48

Quibi, short for “quick bites,” is scheduled to launch in April with shows and films from A-list directors such as Steven Spielberg and Guillermo del Toro sliced into increments shorter than 10 minutes that are meant to be viewed on smartphones.

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22 Oct, 2019 / 21:37

Top tickers for end of day: MSFT, GNW, AAPL, GME, SNAP, NIO, FB.

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22 Oct, 2019 / 21:28

U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing deal because of a possible conflict of interest, a move that could further delay the contract-award process.

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22 Oct, 2019 / 21:22

The Defense secretary deferred the review to his deputy secretary, noting his son works for a former bidder for the $10 billion cloud contract.

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22 Oct, 2019 / 21:10

(Bloomberg) -- About eight months after its last funding round, data analytics startup Databricks Inc. said on Tuesday that it has raised $400 million from investors, bringing its funding total to nearly $900 million.The latest deal values Databricks at $6.2 billion, more than double the $2.75 billion price tag investors gave the company in February. The funding round included existing backers Microsoft Corp. and Andreessen Horowitz, as well as new investors Tiger Global Management, and accounts managed by BlackRock Inc. and T. Rowe Price Group Inc.Ben Horowitz, an Andreessen Horowitz general partner, praised Databricks Chief Executive Officer Ali Ghodsi: “Ali is the best CEO that I’ve ever worked with,” and added that many companies struggled with making sense of their data. “AI-based insight is extremely difficult,” Horowitz said. “Databricks simplifies it from a performance standpoint that makes it easy and practical.”Databricks has more than 5,000 customers, including Viacom Inc., HP Inc. and Cisco Systems Inc., Ghodsi said. The startup sells tools aimed at helping those companies organize their data, and uses artificial intelligence to enable them to understand and search for information. Microsoft is both an investor in and a partner of Databricks, and integrates a version of the startup’s software into its cloud product, Microsoft Azure.Databricks more than doubled its annual recurring revenue over the last year, the company said. If it extrapolated out its most recent quarterly revenue for the next year, annual sales would total more than $200 million. “We’ve had tremendous traction,” Ghodsi said.The six-year-old San Francisco-based startup plans to use some of its new cash influx on overseas hiring. “The biggest engineering issue we’ve faced in the last two years has been with visas,” Ghodsi said. “It’s been harder to get employees to the United States because of green card issues and visa issues. It’s also been harder to keep our employees here in the U.S.”In part to address that problem, Databricks will spend about $111 million on its new European Development Center in Amsterdam over the next three years. The company has tripled the size of its engineering team in the Dutch city in the past two years. “What we are finding is it’s easier and less expensive to hire anywhere than in San Francisco,” said Horowitz, who is on the Databricks board. He added that there’s room for expansion in Europe.On Tuesday, Databricks also announced it had hired Dave Conte as its new chief financial officer. Conte previously spent eight years as the CFO of Splunk Inc., where he helped take the company public.(Company corrects the number of customers in the fourth paragraph.)To contact the author of this story: Candy Cheng in San Francisco at ccheng86@bloomberg.netTo contact the editor responsible for this story: Anne VanderMey at avandermey@bloomberg.net, Mark MilianFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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22 Oct, 2019 / 20:48

Here's a list of robotics stocks for long-term investors who want to think outside the box.

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22 Oct, 2019 / 20:41

Walt Disney Co's launch of its Disney+ streaming service will get a boost of about 50 million U.S. subscribers through a promotion with Verizon Communications Inc, the telecom provider said on Tuesday.

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22 Oct, 2019 / 20:33

Snap Inc. shares gained Tuesday afternoon after an earnings report that showed continuing strong gains in users and revenue.

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22 Oct, 2019 / 20:26

Phone camera quality has made it possible to identify a location from the reflection in a person's eyeball. This, as well as many other concerns, has arisen with our access to ever-improving tech.

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22 Oct, 2019 / 20:01

On October 20, SAP (SAP) and Microsoft (MSFT) revealed their three-year cloud partnership. This partnership would be called Embrace.

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22 Oct, 2019 / 19:59

(Bloomberg) -- Facebook Inc. shares fell the most in two months after a state antitrust investigation into the social-media company widened, with dozens more states joining the probe led by New York.Facebook dropped after the New York Attorney General Letitia James announced Tuesday that 45 states -- plus Guam and the District of Columbia -- are investigating whether the company harmed competition. Shares fell 3.3% to $183.44 at 3:13 p.m. in New York, the most since Aug. 14.“Big Tech must account for its actions,” Louisiana Attorney General Jeff Landry, whose state joined the probe, said in a statement. “I am proud to join my Republican and Democrat colleagues in efforts to ensure tech giants can no longer hide behind complexity and complicity.”The expansion of the investigation deepens the antitrust scrutiny into Facebook at the state and federal levels. In addition to the attorneys general, the Federal Trade Commission, the Justice Department and the House Judiciary Committee are conducting their own investigations.Separately on Tuesday, the Justice Department’s antitrust chief, Makan Delrahim, who is probing large internet platforms as part of a broad review of competition in digital markets, said at a Wall Street Journal tech conference in California that a breakup of a tech company is “perfectly on the table” if justified by the evidence uncovered in the probe.James, a Democrat, has said the state antitrust probe aims to find out whether Facebook’s actions endangered user data, reduced the quality of consumers’ choices or increased the price of advertising, its main source of revenue. State attorneys general led by Texas are separately investigating Alphabet Inc.’s Google for possible antitrust violations.A Facebook spokesman said the company intends to cooperate with the state attorneys general.“People have multiple choices for every one of the services we provide,” the company said. “We understand that if we stop innovating, people can easily leave our platform. This underscores the competition we face, not only in the U.S. but around the globe.”On Monday, James hosted a meeting of policy experts to discuss the strengths and weaknesses of various antitrust legal theories involving Facebook, according to a person familiar with the gathering. They also reviewed Facebook’s acquisitions of Instagram and WhatsApp, as well as privacy issues and the company’s power in the digital-advertising market, the person said. The Wall Street Journal first reported the meeting.James and a bipartisan group of state attorneys general met earlier this month with key officials at the Justice Department and the FTC to discuss the investigation. The meetings raised the prospect that the states could join the federal probes, similar to the way states collaborated with the epic U.S. antitrust case against Microsoft Corp. that started in the 1990s.(Updates with share price in second paragraph.)To contact the reporters on this story: Erik Larson in New York at elarson4@bloomberg.net;David McLaughlin in Washington at dmclaughlin9@bloomberg.netTo contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Steve StrothFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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22 Oct, 2019 / 19:15

(Bloomberg) -- An ugly two months for software stocks is getting worse, and bullish investors are looking to earnings reports this week from ServiceNow Inc. and Microsoft Corp. to stem the tide.Zoom Video Communications Inc. and ServiceNow fell more than 5% on Tuesday, each extending losing streaks to a fifth consecutive day. The group has been under renewed pressure since last week, despite an earnings report from Atlassian Corp. that was praised by analysts. Both ServiceNow and Microsoft are due to report Wednesday afternoon.“We all know there’s some frothiness in some of these specialty software as a service companies,” said Jason Benowitz, a senior portfolio manager with Roosevelt Investment Group. “I’m interested in how the market will react when Microsoft reports, because I think everyone is expecting results to be strong.”Software valuations have come under the microscope amid concerns about whether their break-neck growth is sustainable in a slowing economy and a renewed focus on profitability in the wake of WeWork’s initial public offering stumble. A Goldman Sachs basket of expensive software stocks has fallen 28% from a July peak, with nearly all of that decline coming since the start of September.Other big decliners on Tuesday included Slack Technologies Inc. and Alteryx Inc., which both fell more than 7%, while Coupa Software Inc.has lost 24% since the beginning of last week.To contact the reporter on this story: Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Courtney DentchFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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22 Oct, 2019 / 19:15

Streaming media giant Netflix returned to the primary market Tuesday with a US$2bn high yield bond sale, as the company continues to pour cash into original content.

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22 Oct, 2019 / 19:00

The buzz surrounding Apple’s augmented reality headset is getting stronger. On October 21, Bloomberg reported that the company is planning a 2020 release.

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22 Oct, 2019 / 18:21

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Apple Inc (AAPL), where a total of 239,009 contracts have traded so far, representing approximately 23.9 million underlying shares. That amounts to about 90.1% of AAPL's average daily trading volume over the past month of 26.5 million shares..

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22 Oct, 2019 / 18:10

(Bloomberg) -- Netflix Inc. sold around $2.2 billion of bonds in the U.S. and Europe as it continues to bolster its original content in the face of expanding competition.Investors bought $1 billion of dollar-denominated bonds and 1.1 billion of euro bonds ($1.2 billion) from the TV streaming company, data compiled by Bloomberg show. Netflix had said Monday it would sell about $2 billion of debt with the proceeds being used for general corporate purposes, including content purchases and production as well as potential acquisitions, according to a statement.The dollar-denominated 10.5-year bonds, which can’t be bought back, will yield 4.875%, down from around 5.125%, according to a person with knowledge of the price talk. The euro notes, which have the same maturity, will pay 3.625%, after initially discussing around 3.875%, the person said, asking not to be identified as the details are private.Netflix issued debt after reporting earnings that beat analyst estimates and saw overseas growth that helped sooth investors’ concerns about a slowdown at home. The company burned through $551 million of cash in the third quarter and is “slowly” moving toward becoming free cash flow positive, Chief Executive Officer Reed Hastings said in a letter to shareholders last week. In the meantime, Netflix will continue to tap the high-yield market for its investment needs, he said.The Los Gatos, California-based company reiterated expectations to burn through $3.5 billion in cash this year as the war for content heats up. It’s been raising prices -- often at the expense of subscriber gains -- in some of its largest territories, trying to shift toward profitability as streaming service competition mounts from companies such as Walt Disney Co., AT&T Inc. and Apple Inc.Netflix has historically relied on the high-yield bond market to finance its growth, typically issuing debt following its first- and third-quarter earnings in April and October, respectively. Its debt load, including operating lease liabilities, has steadily grown to around $13.5 billion since first tapping the market in 2009, according to data compiled by Bloomberg.Netflix has become one of the largest issuers in the U.S. junk-bond market. Its dollar bonds may have a market value in the $10 billion to $10.5 billion area, placing Netflix as the 11th largest borrower in the benchmark Bloomberg Barclays U.S. Corporate High Yield Bond Index, according to Bloomberg Intelligence.What Bloomberg Intelligence Says“Netflix may issue new junk bonds for several more years as proceeds from debt sales fuel not only free-cash-flow deficits, but also repayment of bond principal. While Netflix may not produce free cash flow until 2023, it must address a $500 million bond principal in 2021 and another $700 million in early 2022.”\--Stephen Flynn, corporate credit analystClick here to view the research reportThe company last borrowed $2.24 billion of junk bonds in April, and said that it would reduce its reliance on debt financing at the time. CEO Hastings walked back that language in a July letter to shareholders, saying Netflix planned to still use the high-yield market to fund content investments.Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co., Deutsche Bank AG and Wells Fargo & Co. managed the bond sale, the data show.\--With assistance from Rizal Tupaz, Laura Benitez and Gowri Gurumurthy.To contact the reporters on this story: Molly Smith in New York at msmith604@bloomberg.net;Elizabeth Rembert in New York at erembert@bloomberg.netTo contact the editor responsible for this story: Nikolaj Gammeltoft at ngammeltoft@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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22 Oct, 2019 / 18:08

Top tickers for midday: MSFT, FB, AAPL, SNAP, NFLX, BAC, BIIB, AMD, NIO, BABA, ROKU, NVDA, BA, BMY, DIS, MCD, PG, PBR, TEVA, GE.

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22 Oct, 2019 / 18:06

Donald Trump's economic adviser Larry Kudlow said, "If the talks go well on phase one, there is a chance we can get those December tariffs off."

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22 Oct, 2019 / 17:57

The move puts Disney+, which will debut on Nov. 12 in the United States, close to the size of Netflix's 61 million paying U.S. subscribers. Disney shares rose 1.7% to close at $132.55 (102.85 pounds), and Verizon was barely changed at $60.76 on the New York Stock Exchange. Netflix Inc shares fell 4.3% to $266.03 on Nasdaq.

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22 Oct, 2019 / 17:52

Makan Delrahim, the assistant attorney general, says effective antitrust regulation now can help prevent the need for “heavy handed government regulation of any sector down the road.”

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22 Oct, 2019 / 17:45

Netflix Inc. is mobilizing ahead of the launch of two big new competitors in November with an armory of 59 new offerings next month, including the arrival of 43 original programs.

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22 Oct, 2019 / 17:13

Tesla and Dow Jones giants like Microsoft, Boeing and Caterpillar lead another earnings rush. Top players in payments, chips and medtech are also due.

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22 Oct, 2019 / 17:09

US companies are cutting their spending amid an unstable geopolitical scenario. Whether such cuts will lead markets to crash is an intriguing question.

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22 Oct, 2019 / 17:01

Databricks, a data analytics platform using artificial intelligence, said on Tuesday it raised $400 million in a series F funding round led by venture capital firm Andreessen Horowitz, valuing the company at $6.2 billion. Andreessen Horowitz confirmed the funding round as well. The latest round comes only months after Databricks announced a $250 million funding round in February that was also led by Andreessen Horowitz and included Microsoft Corp. Databricks' valuation after that round was $2.75 billion, according to a previous statement by the company.

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22 Oct, 2019 / 17:00

There are ways for both Apple+ and Disney+ customers to get access to free one-year trials.

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22 Oct, 2019 / 16:39

Check out these augmented reality stocks to buy as the space heats up! AR is making waves because of its massive potential in virtually all industries.

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22 Oct, 2019 / 16:21

Windows has become nearly synonymous with Microsoft. The flagship product of Microsoft, it's long been the favorite operating system of enterprise clients.

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22 Oct, 2019 / 16:17

A New York-led probe of Facebook Inc into allegations that the company put consumer data at risk and pushed up advertising rates has expanded to include attorneys general from 47 U.S. states and territories, New York Attorney General Letitia James said in a statement on Tuesday.

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22 Oct, 2019 / 16:06

Investing.com – Stocks on Wall Street fell back modestly Tuesday, buffeted by political undertainty in Britain, tech weakness at home and a big change at Boeing (NYSE:BA).

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22 Oct, 2019 / 16:04

“YouTube has got a really strong hold on the market around the snacking of content,” says one analyst.

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22 Oct, 2019 / 15:45

The largest company in the world is reporting earnings Wednesday, October 23rd, after the bell in one of the most anticipated September quarter releases.

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22 Oct, 2019 / 15:33

Facebook Inc. disclosed late Monday that it spent $4.8 million to influence U.S. lawmakers and regulators in the third quarter, lifting its year-to-date spending on Washington lobbying a level that already nearly matches 2018’s full-year total.

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22 Oct, 2019 / 15:33

What’s coming to Netflix next month includes 43 original programs as competition increases; the company plans to issue more debt to fund new projects

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22 Oct, 2019 / 15:32

So far, the Dow Jones Index (DIA) has risen more than 15% this year. Apple (AAPL) and Microsoft (MSFT) are some of the top-gaining stocks.

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22 Oct, 2019 / 15:18

NVIDIA Corporation (NASDAQ: NVDA)’s CEO delivered the keynote address at Monday’s Mobile World Congress — and he ...

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22 Oct, 2019 / 15:15

Netflix shares declined Tuesday after Verizon announced that its unlimited wireless subscribers would receive a free year of Disney Plus.

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22 Oct, 2019 / 15:14

These tech giants have great earnings track records. Will they beat again?

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22 Oct, 2019 / 14:57

The earnings season in the United States is in full swing. This means that stocks of the largest American companies will likely make big moves. Below we have gathered some important information for those who want to trade on these releases.

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22 Oct, 2019 / 14:51

Shares of Apple Inc. (NASDAQ: AAPL ) closed at a record high Monday, but more important to the broader market is that the iPhone maker is lifting "whole groups with them," according to CNBC's ...

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22 Oct, 2019 / 14:46

Facebook (FB) to feature Wall Street Journal Publisher News Corp's stories on upcoming News Tab.

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22 Oct, 2019 / 14:41

Tony Dwyer, Canacccord Genuity chief market strategist, says he believes that millennials are a critical component of his bullish stance on where the stock market goes from here.

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22 Oct, 2019 / 14:35

Walt Disney Co's Marvel Entertainment said on Tuesday it would create exclusive weekly podcasts for satellite radio company SiriusXM Holdings Inc and its online music service Pandora starting next year.

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22 Oct, 2019 / 14:35

Earnings are so far better than expected, and the Fed is keeping interest rates low.

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22 Oct, 2019 / 14:33

Apple stock's dramatic breakout to an all-time high looks sustainable unless U.S.-China trade talks break down once again.

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22 Oct, 2019 / 14:27

If you normally check the Dow Jones Industrial Average ($DJI) for a quick read on the market, you might get a skewed view ...

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22 Oct, 2019 / 14:14

The major stock indexes were sharply mixed early Tuesday, as they approach record highs. But Dow Jones stock McDonald's dove on earnings.

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22 Oct, 2019 / 14:11

Shares of Apple Inc (NASDAQ:AAPL) opened today above their pivot of $239.06 and have already reached the first level of resistance at $240.80. Investors may be interested in a...

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22 Oct, 2019 / 14:08

Verizon Communications Inc said on Tuesday it will offer unlimited wireless and broadband customers a free one-year subscription to Walt Disney Co's soon-to-be-launched streaming service Disney+.

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22 Oct, 2019 / 14:05

There are signs that the 12-year period of growth strategies beating value is coming to an end.

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22 Oct, 2019 / 14:00

Shares of Netflix Inc (NASDAQ: NFLX) fell Tuesday morning as the streaming video wars intensified with a free offer from Verizon ...

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22 Oct, 2019 / 13:53

BMO Capital lowered Kennametal (NYSE: KMT) price target from $30.50 to $25. Kennametal shares closed at $30.71 on Monday. Morgan ...

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22 Oct, 2019 / 13:53

The company has majorly changed its trajectory.

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22 Oct, 2019 / 13:08

With the video gaming industry ascending to stratospheric heights (by some estimates $152 billion this year), issuers of exchange traded ...

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22 Oct, 2019 / 13:03

Despite the video streaming market getting very crowded, this service could stand out.

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22 Oct, 2019 / 12:30

Trader and mentor Danielle Shay recently spoke with Benzinga about her mission of encouraging people to get involved in the markets ...

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22 Oct, 2019 / 12:30

The tech company's capital return policy needs a review.

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22 Oct, 2019 / 12:14

LinkedIn CMO Shannon Brayton and Microsoft CTO Kevin Scott Have Joined Relativity's Board of Directors

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22 Oct, 2019 / 12:00

Apple joins two other tech stocks breaking to never-seen-before levels — and stocks you'll want in your portfolio. There are ways to do it easily.

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22 Oct, 2019 / 12:00

5G could boost iPhone demand for 2020 through 2021.

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22 Oct, 2019 / 12:00

* Aluminium Production by Power Source: https://tmsnrt.rs/2P737Hx

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22 Oct, 2019 / 12:00

European shares broke a three-day run of losses on Monday, as investors stuck to hopes that Britain will avoid a disorderly exit from the European Union, while positive corporate updates and comments on U.S.-China trade talks added to the upbeat mood.

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22 Oct, 2019 / 11:59

While third-quarter results included some nice earnings, the streaming giant's overall direction is not encouraging.

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22 Oct, 2019 / 11:50

Austrian sensor maker AMS , still has its sights on German lighting firm Osram but is aiming to seal a cooperation agreement before remounting its bid for an all-out takeover, CEO Alexander Everke said on Tuesday.

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22 Oct, 2019 / 11:29

The social network’s gaming platform is growing like a weed as Twitch loses streamers.

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22 Oct, 2019 / 11:20

Austrian sensor maker AMS , still has its sights on German lighting firm Osram but is aiming to seal a cooperation agreement before remounting its bid for an all-out takeover, CEO Alexander Everke said on Tuesday.

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22 Oct, 2019 / 11:17

U.S. quantum computing startup IonQ said on Tuesday it raised $55 million in a funding round that was led by venture funds backed by Samsung Electronics and the government of the United Arab Emirates.

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22 Oct, 2019 / 11:00

Employees need to feel a sense of control at their jobs, research suggests.

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22 Oct, 2019 / 10:08

At one of the world's showpiece tech conferences in China, jibes at the United States for its 'bully behaviour' lent a Cold War tone to proceedings as trade tension once again reared its ugly head in an event that drew a dearth of top U.S. executives.

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22 Oct, 2019 / 09:42

Justin White uses four ‘pillars’ for his stock-picking strategy on the T. Rowe Price New America Growth Fund.

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22 Oct, 2019 / 09:36

At one of the world's showpiece tech conferences in China, jibes at the United States for its 'bully behaviour' lent a Cold War tone to proceedings as trade tensions once again reared its ugly head in an event that drew a dearth of top U.S. executives.

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22 Oct, 2019 / 09:19

Austrian sensor maker AMS hopes to agree a cooperation agreement with Germany's Osram before it launches a new takeover offer for the much bigger lighting group, its Chief Executive said on Tuesday.

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22 Oct, 2019 / 09:09

* Q3 revenue up 41% to $645 mln, Q4 seen at $610 mln-$650 mln

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22 Oct, 2019 / 08:15

Austria's AMS, which is launching a new takeover offer for Germany's Osram, said on Tuesday it expected strong demand from Apple and other smartphone makers for its sensors to extend into the fourth quarter.

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22 Oct, 2019 / 06:30

Microsoft is continuing to strengthen its footing in the cloud. Its Azure division posted a 68% revenue growth year on year in its latest quarter.

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22 Oct, 2019 / 06:15

Sensor specialist AMS reported third-quarter sales above its own guidance and a threefold increase of its operating profit thanks to strong demand from smartphone makers.

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22 Oct, 2019 / 05:44

When Microsoft Corp. stopped supporting its Windows XP operating system, the rush to replace aging machines that relied on the older software led to a huge boost to the company’s earnings. For that reason, investors have likely been looking forward to the end of Windows 7 — which arrives in January — for years.

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22 Oct, 2019 / 00:56

The S&P 500 rose above resistance today at 3,000, and it appears the next significant level to watch is for 3,014, and then 3,025.

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21 Oct, 2019 / 22:38

* Benchmark 10-year yields up (Adds U.S. markets' closing levels)

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21 Oct, 2019 / 20:51

* Indexes up: Dow 0.21%, S&P 500 0.69%, Nasdaq 0.91% (New throughout, updates prices, market activity and comments to market close)

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21 Oct, 2019 / 20:36

On CNBC's "Fast Money Halftime Report," Bryn Talkington recommended a long position in Microsoft Corporation (NASDAQ: ...

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21 Oct, 2019 / 20:30

Competition in the internal communication market is heating up. Who will come out on top?

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21 Oct, 2019 / 19:59

* Indexes up: Dow 0.14%, S&P 500 0.62%, Nasdaq 0.84% (Updates to late afternoon, changes byline, adds NEW YORK to dateline)

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21 Oct, 2019 / 19:24

* Benchmark 10-year yields up (Updates to afternoon trading, adds oil price settlements, Chilean peso weakness)

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21 Oct, 2019 / 19:19

The stock market continued strong in late trading as earnings remained strong and a top China official made positive comments about trade talks.

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21 Oct, 2019 / 19:15

Top tickers for midday: AAPL, AMD, BAC, NFLX, BA, MSFT, FB, SNAP, ROKU, TSLA, JPM, BABA, BYND, MU, C, GE, T, AMZN, NVDA, F.

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21 Oct, 2019 / 17:52

The Nasdaq rallied Monday thanks to big gains from Apple and chip stocks, while the Dow Jones Industrial Average lagged as Boeing weighed.

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21 Oct, 2019 / 17:43

Apple Inc has started selling its popular iPhone XR phones assembled in India, as it looks to expand its share in the world's second-largest smartphone market where it has struggled against cheaper products from rivals.

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21 Oct, 2019 / 17:33

* Indexes up: Dow 0.19%, S&P 500 0.63%, Nasdaq 0.90% (Updates to early afternoon, adds comments)

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21 Oct, 2019 / 17:17

* Defensive shares among decliners; miners, banks lead gains (Updates to market close)

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21 Oct, 2019 / 16:45

Apple stock surged to an all-time high on Monday after getting a positive analyst report ahead of its September-quarter earnings release. Apple plans to post quarterly results on Oct. 30.

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21 Oct, 2019 / 16:24

* Indexes up: Dow 0.12%, S&P 500 0.52%, Nasdaq 0.73% (Updates market action, adds comments)

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21 Oct, 2019 / 15:48

* Benchmark 10-year yields up (Updates with early U.S. markets activity, changes dateline, previous LONDON)

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21 Oct, 2019 / 15:46

Today marks the start of the third round of the WeTrader Competition, hosted by the zero-commission online trading platform ...

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21 Oct, 2019 / 15:16

Netflix Inc (NASDAQ: NFLX)'s inclusion in the prestigious "FAANG" acronym should come to an end, with its replacement ...

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21 Oct, 2019 / 15:11

Use these small tweaks to get real diversification in your retirement accounts.

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21 Oct, 2019 / 14:56

* Alliance, called "Embrace", to support S/4HANA in the cloud

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21 Oct, 2019 / 14:00

So far, red hasn’t colored October the way it did last year, but the hunt for an elusive 3000 in the S&P 500 Index continues ...

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21 Oct, 2019 / 14:00

* Futures up: Dow 0.16%, S&P 500 0.39%, Nasdaq 0.47% (Updates prices, adds comments)

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21 Oct, 2019 / 13:11

Companies will partner to build predictive and personalized health care solutions to help members manage health issues using Microsoft's Azure cloud, Azure artificial intelligence and voice technologies

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21 Oct, 2019 / 12:00

Microsoft's contracts with European Union institutions do not fully protect data in line with EU law, the European Data Protection Supervisor (EDPS) said in initial findings published on Monday.

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21 Oct, 2019 / 11:59

Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but a fall in Boeing's shares kept a lid on early gains.

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21 Oct, 2019 / 11:46

* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Updates prices throughout; adds strategist comment)

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21 Oct, 2019 / 11:26

There’s a lot to be glum about in the stock market — and the world, really — at the moment, but in our call of the day Michael Kramer, founder of Mott Capital Management, is confident there’s some serious upside potential in the coming years.

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21 Oct, 2019 / 11:11

The European Data Protection Supervisor said on Monday that preliminary results of its investigation into Microsoft contracts with EU institutions show serious issues over compliance with data protection rules.

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21 Oct, 2019 / 09:15

World shares nudged higher on Monday, as hopes for progress towards resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave cause for riskier bets.

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21 Oct, 2019 / 09:07