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Billionaire investor Warren Buffett said he believes the Fed won't be in any hurry to increase interest rates-in part because of the softer U.S. economy but more so due to what's going on in European bond markets. (CNBC) |
Dow component Chevron (CVX) leads this morning's list of earnings reports. Rival Exxon Mobil (XOM), also a Dow stock, Thursday beat on the top and bottom lines. There are no major reports after the bell today. (CNBC) |
Visa (V), another Dow component, late Thursday reported earnings and revenue that beat forecasts, despite the impact of a strong dollar and lower crude oil prices. But Visa did issue a weak outlook. (CNBC) |
Shares of LinkedIn (LNKD) were sharply lower in premarket trading, after the social network cut its full-year forecast. Earnings and revenue for the latest quarter did beat estimates. (CNBC) |
Tesla (TSLA) has unveiled a business called Tesla Energy, which will focus on batteries for homes, businesses, and utilities. "The sun doesn't shine at night," CEO Elon Musk said last night at a press conference. (CNBC) |
The Apple Watch Sport 38 mm retails for $349, but the teardown shows itcosts less than $84 to make, according to a preliminary estimate by research firm IHS. (Reuters) |
Federal regulators will order operators of Boeing (BA) 787 Dreamliners toshut down the plane's electrical power periodically after the aircraft maker discovered a software error. (NY Times) |
Brussels is set to widen its front against U.S. tech companies just two weeks after the launch of its landmark competition case against Google (GOOG) by initiating a separate investigation into a wider range of online platforms. (FT)
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