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Daily Archives: October 2, 2017

Tesla: Here We Go Again!

On Friday, Baird analyst Ben Kallo warned investors that Tesla’s (TSLA) Model 3 deliveries could fall short of expectations when the numbers were revealed this week. And guess what? It did. Tesla announced after the close today that it <a href="http:… Stocks to Watch

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GE Chairman Jeffrey Immelt steps down earlier than expected

General Electric announced Monday that Jeffrey Immelt retired as director and chairman of the company’s board of directors, about two months earlier than expected. In June, GE said Immelt would retire from the board at the end of December. The board elected John L. Flannery, who became CEO of the company in June, to the chairman position effective Monday. Immelt ...

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Chinese ecommerce giant JD eyes driverless deliveries

Chinese ecommerce giant JD unveiled its latest invention last week: an autonomous delivery truck able to identify traffic signals and sense obstacles from over 100 metres away. The US-listed firm — which has strived to utilize unmanned vehicles to beef up delivery efficiency — said the EV80 autonomous light truck jointly developed with SAIC Maxus is equipped with radars, sensors, ...

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OOW17 – A conversation with Steve Miranda on SaaS progress and the pragmatism of Oracle’s vision

In his OOW17 pre-matchpre-conference story, Phil Wainewright had this question about SaaS: SaaS — I’m wondering what’s happening with Oracle’s portfolio of SaaS applications, many of them acquired over the years. How well integrated are these solutions into Oracle’s core products such as Fusion and PaaS? Phil will have his take in due course . This is mine. My story covers ...

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General Electric, Intel Lead DJIA Higher Monday

October 2, 2017: Markets opened higher Monday not so much on news as on expectations. Automakers report August sales Tuesday morning and low forecasts offer a chance for some higher stock prices if sales beat those lose estimates. On Friday the employment situation report is out and estimates are low here as well. WTI crude oil for November delivery settled ...

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Wall Street hits record high on boost from tech, healthcare

NEW YORK (Reuters) – U.S. stocks started the fourth quarter on a strong note on Monday, with all three major indexes hitting record high closes as data pointed to underlying strength in the economy. A measure of U.S. manufacturing activity surged to a near 13-1/2-year high in September. Disruptions to the supply chains caused by Hurricanes Harvey and Irma resulted ...

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