GE’s Oilfield Giant Is Ready to Prosper, If the Crude Recovery Cooperates

GE’s Oilfield Giant Is Ready to Prosper, If the Crude Recovery Cooperates

General Electric Co.’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation — except no one is sure when that will actually happen. The most important market news of the day. Get our markets daily newsletter. The merger of GE’s oil and gas business with […]

Canaccord Genuity Reiterates “Buy” Rating for NVIDIA Corporation (NASDAQ:NVDA)

Canaccord Genuity Reiterates “Buy” Rating for NVIDIA Corporation (NASDAQ:NVDA)

Canaccord Genuity restated their buy rating on shares of NVIDIA Corporation (NASDAQ:NVDA) in a research report released on Saturday, June 3rd. A number of other analysts also recently commented on NVDA. Jefferies Group LLC reiterated a buy rating and issued a $140.00 price objective on shares of NVIDIA Corporation in a report on Friday, June […]

China Stocks Retreat as Financial Shares Lead Large Caps Lower

China Stocks Retreat as Financial Shares Lead Large Caps Lower

China’s large-cap stocks fell for a second day as a technical indicator signaled recent gains were overdone. Insurance companies led the retreat. The most important market news of the day. Get our markets daily newsletter. The SSE 50 Index of some of China’s largest companies dropped 0.6 percent at the close. New China Life Insurance […]

Elon Musk says Tesla will deliver first Model 3 cars July 28

Elon Musk says Tesla will deliver first Model 3 cars July 28

Tesla Motors unveils the new lower-priced Model 3 sedan at the Tesla Motors design studio in Hawthorne, Calif., Thursday, March 31, 2016.AP Photo/Justin Pritchard Tesla will deliver 30 Model 3 vehicles on July 28, CEO Elon Musk said via Twitter Monday.  Musk said that the Model 3 passed all of the regulatory requirements two weeks […]

500 Startups admits it kept Australian LP in the dark over investigation into Dave McClure

500 Startups admits it kept Australian LP in the dark over investigation into Dave McClure

500 Startups has apologized to its Australian LP LaunchVic after the U.S. firm admitted that it failed to disclose an internal investigation into sexual harassment claims against co-founding partner Dave McClure. LaunchVic is a $40 million-plus entrepreneurship scheme backed by the government of Victoria, Australia’s second most populous state. It’s a major investor in 500 Melbourne, 500 […]