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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.: […]
Defense Stocks Are Soaring — Buy the BULLs June 11, 2019 Investment Opportunities, Stocks, Winning Investor Daily Forget tech stocks, and especially the FAANGs. Instead, buy defense stocks such as the BULLs — defense biggies Boeing, United Technologies, L3 Technologies and Lockheed Martin.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 […]
Mexico’s Sword of Damocles June 10, 2019 Great Stuff The U.S. and Mexico reached an agreement on trade and immigration this weekend. So, it’s time to celebrate. Crisis averted! Or is it? The promised 5% tariff on Mexican goods hasn’t been completely eradicated. It’s just been “indefinitely suspended.” In other words, President Trump could bring it back at any moment if he decides that […]
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, […]
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