September 20, 2018

Eventbrite prices its IPO at $23 a share (EB)

Eventbrite is set to go public on Thursday. The ticketing and event management company priced shares at $23 apiece, raising $230 million. Watch Eventbrite trade in real time here. Eventbrite, the ticketing and event manageme...
September 20, 2018

The owner of Olive Garden jumps after beating earnings and raising guidance (DRI)

Darden Restaurants beat on both the top and bottom lines. The restaurant owner raised its full-year profit guidance. Shares are up more than 3% early Thursday. Watch Darden Restaurants trade in real time here. Shares of...
September 20, 2018

Trump accuses ‘OPEC monopoly’ of pushing oil prices higher, and says ‘they must get oil prices down now!’

President Donald Trump tweeted that oil prices are too high, and called for the "OPEC monopoly" to "get prices down!" Trump seems to have threatened to withdraw US military resources from the Middle East if OPEC members ...
September 20, 2018

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, TLRY)

Here is what you need to know. China is reportedly planning to slash import tariffs as soon as next month. Beijing is planning to cut the average tariff rate on imports from most of its trading partners as soon as next month, B...
September 20, 2018

BANK OF AMERICA: The one-of-a-kind bull market is basically dead — here’s what traders can do to protect themselves from the coming collapse

Bank of America Merrill Lynch argues the equity bull market as we know it is over, and urges investors to start looking ahead at how to combat the coming collapse. It offers a "perverse" trade suggestion to help combat the ec...
September 20, 2018

Hackers stole $60 million from a crypto exchange in Japan’s second major bitcoin heist this year

6.7 billion yen ($60 million) in cryptocurrency has been stolen by hackers from a Japanese digital exchange called Zaif. Tech Bureau Corp, the Osaka based company that owns the exchange, said hackers gained access for a timef...
September 20, 2018

Danske Bank could be fined $8 billion after its huge money laundering scandal, analysts say

Danske Bank, Denmark's biggest lender, has been rocked by a money-laundering scandal which may have involved $235 billion. If the bank is found guilty of any wrongdoing it will likely face a significant fine. One estimat...
September 20, 2018

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Thursday. 1. U.S. President Donald Trump is set to nominate former Federal Reserve economist Nellie Liang to the central bank’s board of governors, the Wall Street ...
September 20, 2018

An Alaska Airlines exec speaks out about a secret weapon the company has against American, Delta, and United (ALK)

Alaska Airlines is only major US carriers to have a frequent flyer program which still offers mile-for-mile redeemable miles without spending component. The airline sees its frequent flyer program as a valuable weap...
September 20, 2018

Nestle to examine ‘strategic options’ for skin health unit

Nestle said on Thursday it was exploring strategic options for its skin health business, saying it believes the unit might be better off outside of the Swiss food maker.