Trump Blasts Harley—And Gets Facts Wrong—Again

Harley-Davidson Inc. is enduring a third day of attacks on Twitter by Donald Trump, with the president again misconstruing the iconic U.S. motorcycle maker's business. Trump wrote Wednesday that Harley “should stay 100% in America,” in another missive aimed at a company that announced plans this week to shift production out of the U.S. to avoid retaliatory tariffs. The problem with Trump's tweet is that, while Harley makes a majority of its motorcycles at several locations in the U.S., it's had several overseas manufacturing sites for years.

Microsoft launches two new Azure regions in China

Microsoft today launched two new Azure regions in China. These new regions,

Volvo Trucks, FedEx demonstrate truck platooning on NC 540

GE is on pace for its best 2-day run in over 3 years (GE)

The recent two-day gain coincides with GE's first two days of not being listed on the Dow Jones industrial average in 111 years. It also comes on the heels of GE's announcement of a massive corporate reorganization.

Time to Jump Back on the Micron Bandwagon

All this trade-war talk has been a bit hard on Micron Technology (NASDAQ:MU). In fact, MU stock is down more than 18% from it's May highs. About a week ago, UBS reiterated it's “sell” rating and $42 price target on MU stock.

Intel Blows Keep Coming as Apple Modem Contract May Be at Risk

It was another day of bad news for Intel Corp. on Wednesday, as a new data point suggests that it may lose Apple Inc.'s modem business, according to a note from Northland analyst Gus Richard. Richard, who rates the stock the equivalent of a sell, wrote that MediaTek Inc., which manufactures modems, might displace Intel for the product at Apple, which he says has been rumored to be working on their own modem. Apple is already planning to phase out Intel chips in Mac computers as soon as 2020, people familiar with the plans said in April.

Deutsche Bank woes a positive for major U.S. banks -investor Kass

Kass, who runs Seabreeze Partners Management, said he believes Deutsche Bank, whose shares fell to a year low overnight, is weighing on the banking sector as some investors are concerned about Deutsche Bank's large derivative portfolio and its counterparty risk with U.S. money center banks. "I view the current underperformance in banks stocks as an important intermediate-term opportunity to acquire valuable long term investments," Kass said.