Technology VCs Have a $1 Billion Obsession With Car Startups
https://www.bloomberg.com/news/articles/2017-02-01/technology-vcs-have-a-1-billion-obsession-with-car-startups
Facebook Loses $500 Million Virtual Reality Headset Verdict
https://www.bloomberg.com/news/articles/2017-02-01/facebook-jury-awards-500-million-over-virtual-reality-headset
Bill Gates ‘Excited’ for Next Chapter With Trump @FoxBusiness
http://www.foxbusiness.com/features/2017/01/19/bill-gates-excited-for-next-chapter-with-trump.html
Sen. Manchin: I’d Like to See 60-Vote Rule Apply to Everything @FoxBusiness
https://video.foxbusiness.com/v/5306693393001/?#sp=show-clips
VW, Robert Bosch agree to pay $1.55 billion to settle U.S. diesel claims
http://www.reuters.com/article/us-volkswagen-emissions-idUSKBN15G3NX
U.S. car, truck sales downshift in January; Toyota falls 11%
http://www.reuters.com/article/us-usa-autos-idUSKBN15G4NF
Thursday’s Morning Look
Market Update: Stock futures are lower before Thursday’s open as investors digest a busy week of Central Banks, Earnings and Economic data. The always fun jobs report is scheduled to be released before Friday’s open. Gary’s Thoughts: Futures down a wee bit. As we stated yesterday, starting to see a few failed breakouts…including the indices…
Thursday’s Pre-Market Look: Stocks In The News Before The Open
Merck — The Dow component matched estimates with adjusted quarterly profit of 89 cents per share, while revenue was slightly below forecasts. Merck’s results were impacted by a stronger dollar, as well as the loss of market exclusivity on certain drugs. Facebook — Facebook reported adjusted quarterly profit of $1.41 per share, 10 cents above…
New York sues Charter, alleges Time Warner fraud on internet speeds
http://www.reuters.com/article/us-charter-commns-lawsuit-idUSKBN15G4M2
Fed holds interest rates steady, remains upbeat on economy
Big relief, the Fed is upbeat on the economy! http://www.reuters.com/article/us-usa-fed-idUSKBN15G5D5