Wall Street Lunch: Markets Slip on Heavy Trade Anxiety



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Gathering the stakes of an ongoing bidding war, Twenty-First Century Fox (NASDAQ: FOX) has reached an agreement for the acquisition of Sky (OTCQX: SKYAY) , valuing the company at $ 32.5 billion. . Disney (NYSE: DIS) has previously accepted a $ 71 billion takeover of Fox's entertainment badets, which includes its 39% stake in Sky, but Comcast (NASDAQ: CMCSA) is trying to get into both offers.

Facebook was struck with a fine in Britain over the Cambridge Analytica scandal, which equates to the first financial penalty of the social network since the leak of data was revealed. £ 500K represents a tiny sum for Facebook (NASDAQ: FB), which brings in billions of dollars in revenue every year, but it's the biggest fine that can be levied by the British Commissioner's Office in the US. information.

The EU Antitrust Observatory ] could issue a multi-billion dollar fine against Google (GOOG, GOOGL) for abusing its dominance on Android OS, according to the WSJ . This amount could even exceed the $ 2.82 billion fine that the EU gave Google last year for prioritizing its own purchasing service. A third official survey on Google AdSense for Search is still underway

Doubling its valuation before an expected IPO, the financial arm of JD.com (NASDAQ: JD) has raised at least 13 billion yuan (1.96 billion dollars) Chinese investors' equity, reports Reuters. The round follows that of Ant Financial, the Alriva Alibaba subsidiary (NYSE: BABA), which was valued at $ 150 billion last month while it raised $ 14 billion in the largest fundraising in the world by a private company

. almost tripled the volume of "credit portfolio transactions" this year – by buying or selling blocks of large-scale securities via ETFs – at around $ 20 billion globally versus 7 billion in 2017, reports Bloomberg. He is able to do this because he acts as a so-called authorized participant, whose responsibilities include providing the underlying securities to the funds, and Wall Street rivals now want to emulate the strategy of Goldman (NYSE). : GS)

put aside a proposal for reform of the Obama era that would have given shareholders more freedom to vote for their favorite candidates in disputed elections. Unlike many countries like Canada and Australia, US investors are not allowed to vote remotely for administrators from a concordance list, such as those provided by the management of the United States. company or activist investor

AH Tuesday, saying that he will postpone recent increases in drug prices after CEO Ian Read spoke with President Trump and Secretary HHS Alex Azar. This will happen "as soon as technically possible," according to the company. Pfizer (NYSE: PFE) has already increased the costs of about 40 drugs, including Viagra, Lipitor Cholesterol Medication and Xeljanz Arthritis Treatment.

Previously needed $ 1000 to get a spot, Tesla (TSLA) for its Model 3 in the US and Canada – no reservation required. Customers still have to pay an initial deposit of $ 2,500, which is the overall cost of the car. More money? Tesla ended the first quarter with a cash balance of $ 2.7 billion, but said he still expects to spend $ 3 billion. TSLA -1.9% premarket.

Self-driving … Daimler (OTCPK: DDAIF) and Bosch (OTC: BSWQY) unveiled a plan to deploy autonomous taxis in Silicon Valley next year in the part of a test program designed for city driving. Meanwhile, US authorities have accused former Apple employee (NASDAQ: AAPL) Xiaolang Zhang – who allegedly planned to work for a Chinese start-up autonomous driving – with a related trade secret theft to autonomous vehicle plans

] the last big company to say that he is cutting plastic straws and riddling sticks as part of a greater push to abandon the plastics for single use. Its airport lounges will be equipped with biodegradable straws and wooden sticks, while bamboo replacements will be replaced on board its planes. American (NASDAQ: AAL) estimates that the move will eliminate more than 71K pounds of plastic a year.

Just a week before Farnborough Air Show, Boeing (NYSE: BA) said its first-half deliveries increased by more than 7% to 378 commercial aircraft, and its 460 orders more than doubled those of Airbus (OTCPK: EADSY). However, its European competitor has announced a major victory: JetBlue (NASDAQ: JBLU) has ordered 60 of its narrow-body aircraft A220, renamed CSeries under the Canadian firm Bombardier (OTCQX: BDRAF, OTCQX: BDRBF). = {"App": {"name": "SA", "fullName": "Alpha search", "type": "regular", "host": "https://seekingalpha.com", "emailHost": "https://email.seekingalpha.com", "pro": false, "proPlus": false, "contributorCenter": false, "realHostName": "https://seekingalpha.com", "isCms": false, cancelPV: false, isSharkPreview: false, usersOnSite: 6,904,227, badetHosts: [“https://static.seekingalpha.com”,”https://static1.seekingalpha.com”,”https://static2.seekingalpha.com”,”https://static3.seekingalpha.com”] "moneData": {}, "badetHost": "https://static.seekingalpha.com", "env": {"dev": false, "staging": false, "production": true, "test": false}, "gaAccountId": "UA-1466493-1", "comscoreAccountId": 8500672, "fbAppId ":" 624608951014846 "," twitterAccountName ":" SeekingAlpha "," rollbarToken ":" 5edf110be2fc4cecb32637fc421111e2 "," perimeterXAppId ":" PXxgCxM9By "," embedlyKey ":" a6da93fdfc49472099ce63260954716b "," mp ": false," chat ": {" host ":" https: //rc.s eekingalpha.com "," is_active ": true}}," pageConfig ": {" Refresher ": {" active ": false}," Data ": {" article ": {"id": 4186531, "title": "Breakfast of Wall Street: Slippage Markets on Commercial Anxiety "," stub ": false," primaryTicker ":" "," primaryIsCrypto ": null," isTranscript ": false," isSlides ": false," twitContent ": "$ SPY $ QQQ $ AAL $ AAPL $ BA $ BABA $ BSWQY $ CMCSA $ DDAIF $ DIS $ EADSY $ FB $ FOX $ GS $ JBLU $ JD $ PEP $ PFE $ SKYAY $ TSLA https://seekingalpha.com/article / 4186531 -wall-street-breakfast-markets-skid-heavy-commerce-anxiety? 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