Stocks poised to open higher, allies urge Trump to stick with Iran deal

Mon, May 7, 2018, 8:46 AM

In this article:

Yahoo Finance’s Alexis Christoforous, Jared Blikre, Rick Newman, Ethan Wolff-Mann and Melody Hahm discuss the big stories of the day. Michael Sonnenfeldt, president of Tiger 21, also joins the show to talk about what markets the ultra-wealthy are betting on.

Today’s Topics

Allies urging Trump to stick with Iran deal
Low unemployment masks labor force complications
Facebook accused of connecting extremists
Lava consuming homes on Hawaii’s Big Island
Giuliani: Trump could plead the Fifth in Mueller probe
‘Avengers: Infinity War’ tops $1.2B at box office
Nestle pays Starbucks $7.15B to sell products globally
Bank of America to fund Remington after pledging not to fund firearm companies
Apple’s recent iOS is breaking down hardware: MacRumors
AMC earnings out after the bell
Ultra-wealthy reveal investing strategy, secrets

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
Bill Gates Harvests $113 Million In Nebraska Farmland, Takes Out $700 Million In Loans
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
Benzinga
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
Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers. Palantir shares, which rallied 8.1% in Monday’s regular session, were down more than 14% to $21.56 in midday trading Tuesday. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet.
Barrons.com
Palantir Crushed Earnings, so Why Is The Stock Down?
Palantir stock is up 40% this year.
Motley Fool
Warren Buffett's $56 Billion Silent Warning to Wall Street May Portend Trouble for Stocks
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
Motley Fool
3M Cut Its Dividend: It's Time to Buy the Stock
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.
Motley Fool
Growing Dividends: These Four Companies Just Increased Payouts
While a high yield today is great, finding companies that consistently increase dividends can provide greater returns in the long run. These four companies just took steps to reward their shareholders with higher payouts, demonstrating a commitment to ...
Benzinga
The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever
The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension.
Fortune

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Stocks poised to open higher, allies urge Trump to stick with Iran deal

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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’

Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today

Bill Gates Harvests $113 Million In Nebraska Farmland, Takes Out $700 Million In Loans

If You'd Invested $10,000 in General Electric Stock 10 Years Ago, Here's How Much You'd Have Today

Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.

Palantir Crushed Earnings, so Why Is The Stock Down?

Warren Buffett's $56 Billion Silent Warning to Wall Street May Portend Trouble for Stocks

3M Cut Its Dividend: It's Time to Buy the Stock

Growing Dividends: These Four Companies Just Increased Payouts

The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever