Mellanox, which makes hardware for data centers, is working with an adviser on a potential sale
Mellanox Technologies, which makes hardware that helps power supercomputers and Ethernet products used in data centers, has hired a financial adviser to seek a sale after receiving takeover interest from at least two companies, according to people familiar with the...
Stocks making the biggest moves after hours: Amazon, Alphabet, Snap, Intel and more
Check out the companies making headlines after the bell: Amazon shares fell as much as 9 percent in after-hours trading after the company released a mixed third-quarter earnings report. The tech giant reported earnings of $5.75 per share, much higher...
Watch: Fed Vice Chairman Richard Clarida speak on US economy
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Fed’s new Vice Chair Clarida backs more rate hikes in first major policy speech
Federal Reserve Vice Chairman Richard Clarida, in his first major policy speech since being seated at the central bank, said more interest rate increases are likely warranted as the economy continues to gather strength. In assessing current conditions, Clarida said...
The economy can ‘turn down on a dime,’ Cramer warns Fed chief Powell
CNBC’s Jim Cramer warned on Thursday that Federal Reserve Chairman Jerome Powell could hurt the booming economy if the Fed continues to raise interest rates. “The economy can turn down on a dime,” Cramer said on “Squawk Box.” “We saw...
US trade deficit in goods widens for fourth straight month, hits $76 billion
The U.S. trade deficit in goods widened for a fourth straight month in September, bringing it to $76 billion, according to the Census Bureau. The data showed exports grew by 1.8 percent from August to September, from $138.4 billion to...
US jobless claims rise; continuing claims are the lowest in over 45 years
New applications for U.S. unemployment aid rose last week, but the number of Americans receiving benefits fell to more than a 45-year low, pointing to tightening labor market conditions. Initial claims for state unemployment benefits increased 5,000 to a seasonally...
US durable goods orders edged up a modest 0.8% in Sept
Orders to U.S. factories for big-ticket manufactured goods slowed significantly in September, while a key category that tracks business investment fell for a second straight month. (if you want to make money in the financial market use our forex robot)...
US won’t talk to China on trade until it gets specific plan to halt tech theft
Trade tensions have taken another negative turn, with the U.S. demanding that China come up with a specific plan to stop allegedly stealing technology. Until Beijing does so, the U.S. will not resume trade negotiations, according to a report Thursday...
Pro investors say sell-off is normal and offers a buying opportunity: ‘Buffett’s not panicking’
Despite stock markets getting crushed Wednesday, strategists say not only are sell-offs like this normal, they create opportunities for savvy investors. “Warren Buffett’s not panicking,” Michael Farr, president and CEO of Washington, DC-based wealth management firm Farr, Miller & Washington...
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