IN THE NEWS
Among thematic exchange-traded funds, two of the most popular focus on the artificial intelligence and robotics investment
themes. At least one ETF issuer thinks there's room for another artificial intelligence and robotics fund:
Link
Apple Inc. (NASDAQ: AAPL) has a track
record of cutting out the middleman and taking control of its supply chain, and Bloomberg reports that Apple is now in talks to buy
cobalt directly from miners:
Link
As business owners pore through the new tax law, many are asking themselves a fundamental question: Will changing how their
company is structured cut their tax bills?: Link $
How GE (NYSE: GE) gambled on fossil fuel
power, and lost:
Link
Twitter Inc (NYSE: TWTR) said on Wednesday
it would no longer allow people to post identical messages from multiple accounts, cracking down on a tactic that Russian agents
and others have allegedly used to make tweets or topics go viral:
Link
At this point, it’s more likely a matter of when -- not if -- the 10-year Treasury yield hits 3 percent. And that apparent
inevitability raises a pressing question: How to trade when it happens?:
Link
What would you do if you were king for a day? Cure cancer? Bring peace to the land? For Apple Chief Executive Tim Cook, the
answer is simple: End the quarterly earnings report:
Link
ECONOMIC DATA
- Initial Jobless Claims for Feb 16 222.0K vs 230.0K Est; Prior 230.0K. Continuing Claims for Feb 9 1.88M vs 1.93M Est; Prior
1.94M
- New York Federal Reserve Bank President William Dudley will speak in New York at 10:00 a.m. ET.
- The index of leading economic indicators for January is schedule for release at 10:00 a.m. ET.
- The Energy Information Administration’s weekly report on natural gas stocks in underground storage will be released at 10:30
a.m. ET.
- The Kansas City Fed manufacturing index for February is schedule for release at 11:00 a.m. ET.
- The Energy Information Administration’s weekly report on petroleum inventories is schedule for release at 11:00 a.m. ET.
- Atlanta Federal Reserve Bank President Raphael Bostic is set to speak in Atlanta, Georgia at 12:10 p.m. ET.
- The Treasury is set to auction 7-year notes at 1:00 p.m. ET.
- Dallas Federal Reserve Bank President Robert Kaplan will speak at 3:30 p.m. ET.
- Data on money supply for the recent week will be released at 4:30 p.m. ET.
ANALYST RATINGS
- RBC upgraded Clovis (NASDAQ: CLVS)
from Sector Perform to Outperform
- Susquehanna upgraded KLA-Tencor (NASDAQ:
KLAC) from Negative to Neutral
- Jefferies downgraded Alkermes (NASDAQ: ALKS) from Buy to Hold
- HSBC downgraded Telecom Argentina SA (NYSE:
TEO) from Hold to Reduce
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