China warns of global ramifications if US enacts tariffs

Yahoo Finance

Thu, Jul 5, 2018, 8:57 AM

In this article:

Yahoo Finance’s Seana Smith, Rick Newman, Jared Blikre and Julia La Roche discuss today’s big stories.

Some of today’s topics include:

Futures show that post-holiday fireworks are strong
China says new US tariffs will hurt companies worldwide
Ford has no plans yet to raise prices on vehicles in China
Ford, GM won’t be impacted by EU tariffs: RPT
ZTE complies with US requirements to lift ban: WSJ
June ADP Payrolls: 177k vs. 190k exp.
British Prime Minister unveils new Brexit plan
Micron under pressure after reported sales block in China
IBM wins $740M Australia contract
Amazon plans to print holiday toy catalog: Bloomberg
Walmart pulls ‘impeach 45’ clothes from site
Netflix reportedly testing out new ultra service
Uber may be forced to roll back merger with Singapore’s Grab
Chick-Fil-A, Texas Roadhouse on top of new restaurant survey

Luminar says Tesla is biggest customer for its lidar sensors
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
Reuters
Here's Exactly When Social Security Recipients Can Expect Benefit Cuts, According to the Latest Trustees Report
Social Security payments may be subject to cuts. Here's what the timing looks like.
Motley Fool
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The popular growth investor added to these three existing positions on Tuesday.
Motley Fool
Can You Guess What Percentage Of A High-Net-Worth Individual's Portfolio Is Typically Held In Retirement Accounts?
High net worth individuals (HNWIs) are those who have at least $1 million in easily convertible assets like cash, stocks, and bonds. They often manage significant wealth across diverse portfolios. As per Empower’s financial dashboard, retirement accounts such as 401(k) plans and IRAs comprise 55% of total wealth for many HNWIs. This is a stark contrast to the median household. Pew Research Center reports that these accounts typically represent only 27% of the net worth of households where at lea
Benzinga
Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’: ‘Half the white-collar staff probably does no real work’
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Fortune
Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today
You won't believe the amount of money that the bottler intends to return to shareholders.
Motley Fool
3 Ridiculously Undervalued Stocks to Buy Hand Over Fist Right Now in May
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Motley Fool
Morgan Stanley Predicts up to 110% Rally for These 2 ‘Strong Buy’ Stocks
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
TipRanks
If You'd Invested $10,000 in General Electric Stock 10 Years Ago, Here's How Much You'd Have Today
Prepare yourself for a big shock.
Motley Fool
Shopify Earnings Top Views. E-Commerce Stock Plunges On Profit Margin Outlook
Shopify reported Q1 earnings that topped analyst estimates while revenue edged by views. But shares plunged on Q2 guidance.
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China warns of global ramifications if US enacts tariffs

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