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Uber Bullying: This Is the Robot Revolution
June 13, 2019 Great Stuff
Some people clearly haven’t seen enough sci-fi movies. You do not bully robots. Period. And yet, that’s exactly what drivers around the world are doing. Road rage is now spilling over onto autonomous vehicles. Eric Meyhofer, head of Uber Technologies Inc.’s (NYSE: UBER) self-driving car unit, lamented the rising epidemic at Wednesday’s Elevate conference in Washington, D.C.: […]When Rates Rise, It’s Time to Bounce on Banks
June 11, 2019 Great Stuff
In the day, we sweat it out on Wall Street, in a runaway bull-market dream. At night, President Trump tweets about mansions of glory and interest-rate-cutting machines. In his latest series of tweets, Trump is stepping out over the line. “The Fed interest rate is way too high, added to ridiculous quantitative tightening. They don’t […]Friday Four Play: IPO Edition
June 7, 2019 Great Stuff
Initial public offerings (IPOs) are finally cool again! Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT) tried their hardest to scuttle enthusiasm in the IPO market. But Wall Street has finally shaken off those doldrums. I mean, Uber is finally trading back above its IPO price … so we’re all good, right? (Sorry, […]Total Eclipse of the Chips
May 19, 2019 Great Stuff
Once upon a time there was light in Intel Corp.’s (Nasdaq: INTC) life. Now it’s only falling apart. There’s nothing we can say, CEO Lisa Su’s Advanced Micro Devices Inc. (Nasdaq: AMD) has all the heart. On Tuesday, AMD released its latest line of Ryzen PC central processing units (CPUs) — and a new graphics […]The Great Walled-Off China
May 16, 2019 Great Stuff
The U.S.-China trade war has spawned a growing wall between the two countries. OK, it’s not really a wall. It’s more like a chain-link fence with lots of holes … and an unlocked gate … but that’s not the point! In addition to tariffs on $200 billion in Chinese imports, President Trump has added Huawei […]