U.S. EU countries fail to agree on privacy rules governing WhatsApp, Skype. BRUSSELS (Reuters) - EU efforts to create a level playing field between telecoms operators and Facebook's (FB.O) WhatsApp and Microsoft (MSFT.O) unit Skype stalled on Friday after member countries failed to agree on the scope of proposed rules. The European Commission kicked off the process two years ago with its proposal for an ePrivacy regulation which would ensure that tech companies offering online messaging and email services would be subjected to the same tough rules as telecoms providers. Tech companies and some EU countries have criticized the ePrivacy proposal for being too restrictive, putting them at loggerheads with privacy activists who back the plan.
US STOCKS-S&P 500, Dow tick higher on trade optimism; Nasdaq dips on Tesla. Nov 22 (Reuters) - The S&P 500 and Dow Jones indexes eked out gains on Friday following upbeat trade deal comments from Washington and Beijing, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck. Trump told Fox News that a trade deal was "potentially very close", adding to optimism following remarks by President Xi Jinping that Beijing wanted to work out an initial agreement. U.S. stocks have retreated from record highs scaled in recent weeks on hopes of a resolution to the damaging tariff war, with the benchmark S&P 500 index on course to snap its six-week winning streak.
BT's Black Friday broadband deals have arrived - but can you get better elsewhere? One week out from Black Friday and BT has officially gone live with its seasonal sales. So phones, AirPods, SIM only deals with a juicy free gift and, crucially, broadband deals are all included. It's now worth a juicy £120, which you can either consider a handy sum of cash as Christmas approaches or an amount to effectively reduce the monthly payments down to less than £25 a month. And its broadband and TV deals that now throw in half-price BT Sport and 6 months free Amazon Prime Video are also tempting. But before you go ahead and sign up to BT quite yet, just take a moment to consider whether you can get better value elsewhere. Vodafone has been offering cheap broadband to the UK for a while now but now has a free speaker/smart assistant/screen (worth £219) - this is certainly an attractive broadband option. Or if you want faster download speeds (maybe you may live in a busy household or love 4K streaming) for just an extra £4 a month you could get theSuperfast 2 Broadband.View Deal. What is a BT Reward Card?
Tesla has finally revealed its cybertruck—a vehicle that by all appearances hardly qualifies as a truck—and we’re here to tell you that it’s not for everybody. Tesla is banking on the fact, however, that the stainless steel craziness that resembles more of a tank than a truck will appeal to someone, as it tries to tap into the most profitable segment of the automobile market in the United States—the truck and SUV market. Thankfully for Elon Musk, there is a lot of brand loyalty, and no matter what the futuristic oddity of the truck looks like, it will no doubt find some enthusiastic buyers. The truck supposedly is 9mm-bulletproof if you need that sort of thing, except, that is, for the “Tesla Armor” glass windshield, which unfortunately shattered at the unveiling when a small metal ball was thrown at it.
This Will Be Apple's Biggest Growth Driver Going Forward (Hint: It's not the iPhone) | NASDAQ. Worldwide smartphone shipments fell by more than 4% in 2018, and they're forecast to decline by another 2.2% this year, according to market intelligence company IDC, though the analysts see reason for hope that sales could return to growth in 2020. Fortunately for Apple investors, one of the company's growth segments looks poised to take up the slack from the iPhone for years to come. In its fiscal fourth quarter (which ended Sept. 28), Apple CEO Tim Cook said wearables -- which includes AirPods, the Apple Watch, and Beats products -- had a record quarter "in each and every market we track" and generated "well over 50% growth." In a note to clients on Monday, Daryanani estimated that the segment will maintain a compound annual growth rate of more than 20% over the next several years, accelerating Apple's growth "even if iPhone sales remain flat."
S&P 500, Dow Jones edge higher on trade optimism; Tesla drags Nasdaq. (Reuters) - The S&P 500 and Dow Jones indexes eked out gains on Friday after President Donald Trump signalled an imminent trade deal with China, while the Nasdaq was weighed down by a slump in shares of Tesla after the launch of its electric pickup truck. "The positive tone right now is because people have resigned themselves to the fact that they are not going to see a big deal anytime soon, as there are lot of little issues that are going to persist," said Jeanette Garretty, managing director & principal at Robertson Stephens Wealth Management. The benchmark S&P 500 index remained on course to end the week with its first decline in seven, while the Nasdaq is eyeing its first weekly drop in eight.
In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. Below, we take a look at Microsoft (MSFT), which currently has a Momentum Style Score of B. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For MSFT, shares are up 2.75% over the past week while the Zacks Computer - Software industry is up 0.57% over the same time period.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. The incumbent is of course Intel, which just apologized to customers for continued supply constraints, despite double-digit growth in supply from the first half to the second while maintaining its raised guidance (fourth-quarter revenue of $19.2 billion and EPS of $1.28 and full-year revenue of $71 billion and EPS of $4.42). On the other side, we have challenger Advanced Micro Devices, which is announcing one breakthrough device after another, significant partnerships with companies like Alphabet’s Google and Amazon and manufacturing alliances with leading edge foundry Taiwan Semiconductor, which is making its 7nm chips. This is making waves at HPC and the data center in general (especially after the Mellanox acquisition). But NVIDIA doesn’t play in all the x86 categories like PCs, mobile computing and data center the way AMD does. So Intel and AMD are the main rivals.
Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Facebook FB, Bank of America BAC, Home Depot HD, Amgen AMGN and Intuitive ISRG. The Zacks analyst believes that solid mobile ad revenues, driven by impressive growth in Instagram Stories and Feed, and Facebook News Feed, are a major growth driver. The Zacks analyst believes that opening branches in new regions, improved digital offerings, decent loan growth and efforts to control costs will aid profitability despite the Fed’s accommodative monetary policy stance.