FA Center: Why your ETF or mutual fund may be losing Facebook, Alphabet and other top stocks

Is Facebook a high-tech stock? Of course. But it’s also an advertising-industry stock — one of the world’s largest. As much as 90% of the company’s revenues come from advertising. But, then again, you could also argue that it’s a media stock. A large proportion of the American public gets its news through Facebook FB, … Read more

The Wall Street Journal: EU opens full-blown probe into Apple’s deal for Shazam

European Union antitrust authorities on Monday opened a full-blown probe into Apple Inc.’s proposed acquisition of the popular song-recognition app maker Shazam Entertainment Ltd., on concerns the deal could reduce choice for users of music-streaming services. The deal would give Apple AAPL, -0.29%  ownership of an app that helps users identify songs before directing them … Read more

The Wall Street Journal: With Rand Paul on board, Pompeo’s nomination clears Senate panel

WASHINGTON — A Senate committee endorsed Mike Pompeo to be the next secretary of state on Monday, sending him to the full Senate for his expected confirmation, after Sen. Rand Paul, R-Ky., reversed himself and withdrew his opposition. The panel confirmed Pompeo along party lines, avoiding an embarrassing defeat for President Donald Trump. All of the … Read more

Howard Gold's No-Nonsense Investing: Republicans gleefully pour gasoline on the country’s fiscal fire

It wasn’t enough that the Republican-controlled Congress, in a straight party-line vote, passed massive tax cuts that overwhelmingly benefited big corporations and wealthy Americans. Those cuts could add $2 trillion to the federal debt over the next 10 years. And it wasn’t enough that this same Congress, this time with the support of free-spending Democrats, … Read more

Market Extra: Why the premium for owning German bonds over Treasurys is at the widest in 30 years

To the astonishment of bond investors, the premium for owning Treasurys over the safest government bonds in the eurozone hit its highest levels since the fall of the Berlin Wall last week. The spread between the 2-year German bond yield TMBMKDE-02Y, -1.77% and the U.S. 2-year Treasury yield TMUBMUSD02Y, +0.01% has run up to more … Read more

CryptoWatch: Is the altcoin rally bringing cryptos out of the 2018 bear market?

The recent outperformance of smaller digital currencies, or altcoins, is setting the tone for what could be a sustained rally in the overall cryptocurrency market, industry experts believe. Much like traditional assets, the smaller, “riskier” coins move at the whim of general market sentiment and generally exhibit more significant price swings, similar to small-cap stocks. … Read more

Earnings Outlook: Wireless earnings: Numbers may take a back seat to collusion probe and M&A

With all that’s going on in telecommunications news, earnings numbers are likely to take a back seat this quarter. Verizon Communications Inc. VZ, +1.59%  kicks off reporting season for the sector with its Tuesday morning release, but investors may be more preoccupied with events that won’t show up in the company’s results. Verizon and AT&T … Read more

Kate Middleton and Prince William now have more children than the average American family

And royal baby makes three. Britain’s Prince William and Kate Middleton, the Duke and Duchess of Cambridge, welcomed their third child, a son, on Monday. He has an older sister, Charlotte, and brother, George. The baby weighed 8 pounds, 7 ounces when he was born and William was present during the birth, Kensington Palace said … Read more

Asia Markets: Weaker yen boosts Nikkei, as other Asian markets mixed

Asia-Pacific stock markets struggled for direction early Tuesday as tech continued to lean on indexes in South Korea and Taiwan, but a weaker yen boosted Japanese shares. The region got little guidance from U.S. equities, which barely moved Monday in the slowest trading day of the year. Investors widely remain on the sidelines as quarterly … Read more

: Google made a lot more profit, and spent a LOT more money — here’s why

Alphabet Inc. reported a huge swing in profit and spending Monday, with earnings jumping more than 70% in the first quarter and capital expenditures nearly tripling from the year before. In typical Alphabet GOOGL, -0.33% GOOG, -0.51%  fashion, executives on the earnings call late Monday did not offer much in the way of detail, but … Read more