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Housing market showing signs of cracking: ‘Anything goes list-price strategy is no longer working’

Housing market showing signs of cracking: ‘Anything goes list-price strategy is no longer working’

Fogg said he is also working very closely with his sellers now to make better and more realistic decisions about pricing. "The anything goes list-price strategy is no longer working. Buyers want to buy but we're seeing fewer of them and they are much more careful. Many properties are now not selling and /or coming…
Cybersecurity firm Tenable jumps 40 percent on first day of trading

Cybersecurity firm Tenable jumps 40 percent on first day of trading

Cyber risk management company Tenable jumped 40 percent in its public market debut Thursday. Shares opened at $33.00, nudging the company's market value above $3 billion. The company raised $250 million in the public offering, pricing its 10.9 million shares at $23 a piece, above the expected range of $20 to $22 per share. The…
AMD opens over 8% on strong earnings

AMD opens over 8% on strong earnings

Advanced Micro Devices (AMD) rose more than 8 percent at the open thanks to a strong earnings report. The Santa Clara, California-based company exceeded Wall Street's expectations in both earnings and revenue: Earnings per share: $0.14 vs. $0.13 , forecast by Thompson Reuters. Revenue: $1.76 billion vs. $1.72 billion, forecast by Thompson Reuters. The gains…
Watch: ECB’s Mario Draghi speaks on euro zone interest rates and bond-buying

Watch: ECB’s Mario Draghi speaks on euro zone interest rates and bond-buying

(This live stream is due to start at 08:30 a.m. E.T., please refresh the page if you do not see the stream.) Mario Draghi, president of the European Central Bank (ECB), gives his routine press conference following the institution's latest monetary policy decision on Thursday. Investors will be listening out for clues on how the…
Three obscure charts are pointing to weakness for stocks

Three obscure charts are pointing to weakness for stocks

All it takes is a peek under the market’s hood to see several warning signs cropping up for stocks. Specifically, three measures of breadth, including the number of stocks advancing relative to the number declining — a way to take the market’s temperature — have been experiencing some meaningful cracks recently. We’ve all heard about…
Comcast set to report earnings before the bell

Comcast set to report earnings before the bell

Justin Sullivan | Getty Images Brian Roberts, CEO of Comcast Comcast is set to report second-quarter earnings before the bell Thursday. Here's what Wall Street expects: Earnings: 60 cents per share, according to Thomson Reuters consensus estimates Revenue: $21.86 billion, according to Thomson Reuters consensus estimates Net increase of 195,000 high-speed internet customers forecast by…
US stocks set for a mixed open after Facebook earnings disappoint

US stocks set for a mixed open after Facebook earnings disappoint

Tech stocks are expected to slip during the course of Thursday's session after social media giant Facebook published quarterly results that underwhelmed investors. Reporting earnings after the bell, Facebook saw its global daily active users and revenue fail to hit market forecasts. Shares fell more than 20 percent in after hours trading, with the group…
Beyond the Valley

Beyond the Valley

Most tech podcasts focus overwhelmingly on American companies — those well-known titans of the Silicon Valley. But increasingly, significant technological developments are finding their start in Asia, Europe and beyond. “Beyond the Valley” stands out from the rest by explicitly focusing on the latest trends on all aspects of technology from a global perspective —…
Qualcomm is preparing to give up on NXP, source says

Qualcomm is preparing to give up on NXP, source says

Patrick T. Fallon | Bloomberg | Getty Images Steve Mollenkopf, chief executive officer of Qualcomm Inc., holds the new Snapdragon 835 chip during a keynote at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada. Qualcomm CEO Steve Mollenkopf said his company will terminate its acquisition of NXP by the end of the day…
Facebook braces investors for weakening revenue in second half of the year

Facebook braces investors for weakening revenue in second half of the year

Wehner also said the company expects margin compression, with operating margins trending towards "mid-30s on a percentage basis," compared to second quarter operating margins of 44 percent. That tightening is the result of broadening markets, investments in news products — like the recent introduction of the company's long-form video format, IGTV — and capital expenditures…

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Brace yourselves shoppers, this Saturday’s $26 billion shopping frenzy will top...

All the stars are aligned to make this last weekend before Christmas a bigger shopping event than in past years. The final Saturday before Christmas, known in the retail industry as Super Saturday, falls three days before the big day this year, giving shoppers a little more time to use a weekend for last-minute purchases.…

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