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Uber Bullying: This Is the Robot Revolution
by Joseph Hargett 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.: […]
Sprint and T-Mobile Merger: The Tribe Has Spoken
by Joseph Hargett June 12, 2019 Great Stuff
The Sprint Corp. (NYSE: S)/T-Mobile U.S. Inc. (Nasdaq: TMUS) merger is now less of an Amazing Race and more of a season of Survivor. Ten state attorneys general filed a lawsuit this week to block the $59 billion deal, including Mississippi, California and New York. The stage is getting crowded indeed. The upstart duo initially gained approval from games master […]
When Rates Rise, It’s Time to Bounce on Banks
by Joseph Hargett 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 […]
Uncompleted Wells (DUCs) Are Waiting for Sustained Higher Oil Prices
by Matt Badiali June 10, 2019 American Investor Today, Oil
Life in the West Texas oil fields is boom and bust. Oil prices used to dictate success in the shale patch, but they mean less today. A recent cost-saving strategy left oil service companies just waiting for one thing. When it happens, it will be a fun ride for investors.
Friday Four Play: IPO Edition
by Joseph Hargett 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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