Nasdaq falls as U.S. lawmakers grill Facebook, Twitter executives

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GE (GE), CGI Group (GIB) Announce Alliance Agreement for Electric Grid Software Development & Implementation Opportunities in North America

September 6, 2018 8:38 AM EDT

GE (NYSE: GE) and CGI (NYSE: GIB) announced the signing of an alliance agreement to pursue joint development and implementation opportunities for electric grid software in North America. This unique partnership bridges information technology and operational technology (OT) in the utility industry. GE and CGI will focus on real-time grid operations and controls, critical infrastructure and cybersecurity.

Grid control is becoming an increasing priority among operators in response to evolving energy needs, including... More

Citi Remains Sidelined on Twitter (TWTR) After Meeting with Mangement

September 6, 2018 8:31 AM EDT

Citi analyst, Mark May, reiterated a Neutral rating and $39.00 price target on Twitter, Inc. (NYSE: TWTR) after hosting the company's CFO Ned Segal for a fireside chat. Investor interest was high and Segal highlighted the companys efforts to invest in the platform... More

Long-Term Bullish Options Activity Continues in Facebook (FB), Targeting 58% Upside in Shares Through January 2020 -Susquehanna

September 5, 2018 1:42 PM EDT

Susquehanna options strategist Alison Edwards notes continued long-term bullish options activity in Facebook (NASDAQ: FB), an investor bought 10k Jan2020 270 Calls for $3.60. Its repeat trading with investors now long 30k of the calls (bought over past 10 days), and suggests the view that stock has increased... More