Microsoft Shuts Down 6 Russian Fake Websites
Microsoft's digital crimes unit last week executed a court order to shut down ("sinkhole") six internet domains operated by the Russian cybercriminal group known as Fancy Bear.
All Work
Paul Ausick
There’s Still No Such Thing as a Value Stock in Tech
Analysts Doug Clinton and Will Thompson of Loup Ventures take a look at a group of technology stocks and explain why the tech stocks were once and still remain growth stocks.
Crude Oil Price Holds On to Gain as Stockpiles Drop
U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of more than…
July Existing Home Sales Drop for Fourth Straight Month
The National Association of Realtors reported Wednesday morning that July sales of existing homes were down year over year. Monthly sales have fallen in each of the past 4 months, with a particularly large…
McDonald’s Has the Best Wi-Fi, KFC Has the Worst
Nearly every major retail chain offers free Wi-Fi to its customers, but the offers vary widely depending on the type of store and whether the idea is to keep customers around or send them…
Mortgage Applications Rise After 4 Weeks of Declines
The Mortgage Bankers Association reported Wednesday morning that applications for new mortgages rose 4.2% year over year last week. That's the first increase in five weeks. Mortgage loan rate changes were mixed.
Target Hits Q2 Bull’s-Eye, Lifts 2018 Outlook
Retail giant Target beat estimates for both EPS and revenue in its second quarter. The company used the occasion to raise its EPS guidance for the second half of the year.
Sears, Exelixis Fall into Tuesday’s 52-Week Low Club
SeaChange, Sears, Exelixis, and Adamis Pharma all posted new 52-week lows Tuesday.
Intel, Goldman Sachs Push the Dow Higher Tuesday
Intel, Home Depot, Goldman Sachs, and American Express did the heavy lifting and pushed the Dow to a gain on Tuesday.
Nvidia Unveils the Holy Grail of Computer Graphics
Loup Ventures analysts comment on Nvidia's new GeForce RTX graphics card offering real-time ray tracing to create more photorealistic lighting and shadowing. The new card uses Nvidia's Turing architecture.
Alaska’s North Slope ‘Super-Basin’ Still Holds 28 Billion Barrels of Oil
Research firm IHS Markit has released a new estimate of remaining recoverable oil and natural gas resources on Alaska's North Slope. The firm's estimate is more than double the amount already extracted.
Half of Violent Threats Against Schools Occur in Just 10 States
A new report from the Educator's School Safety Network shows that a relative handful of states were responsible for half of the incidents and threats of violence that were recorded for the 2017-2018 school…
Alleged Conspiracy Dogs Pentagon’s $10 Billion War Cloud Contract
A $10 billion, 10-year contract to provide secure cloud services to the U.S. Department of Defense is currently out for bids. Questions have been raised about the fairness of the process, and the fight…
Luxury Home Market Treats Toll Brothers Splendidly
Homebuilder Toll Brothers reported third fiscal quarter revenue up 27% year over year and net income up 30%. The company also forecasts more of the same for the fourth quarter.
Exelixis, Lannett Topple into Monday’s 52-Week Low Club
Lannett Co., Scorpio Tankers, Mobile Telesystems, and Exelixis all posted new 52-week lows Monday.
Nike, Johnson & Johnson Lift the Dow Monday
Nike, Johnson & Johnson, Merck, and Home Depot were Monday's leading gainers.
US Gas Price Drops to 3-Month Low
U.S. retail gasoline prices dropped by more than three cents a gallon last week and have now come down to their lowest level since early May.
US Energy Department to Sell 11 Million Barrels from Strategic Reserve
The U.S. Department of Energy Monday announced the sale of 11 million barrels of sour crude oil from the nation's Strategic Petroleum Reserve. The sale is part of a number of planned sales stretching…
Fitbit’s Latest Fitness Tracker Will Not Outrun the Apple Watch Dragon
Wearables maker Fitbit announced a new fitness tracker Monday morning. The new device is not likely to turn the company's fortunes around, however.
Is Blockchain a Game-Changing Technology or Merely Hype?
A new survey from Deloitte indicates that while many companies think blockchain technology is overhyped, many are plunging ahead with development.