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7May 2017

What stocks could be hit when delivery drones making ownership obsolete ?

Few subsidiaries at Alphabet Inc. inspire as much curiosity as Google X, now called simply “X.” X is the company’s innovation lab, where ambitious but far-fetched tech ideas are pitched, tested, and either come to life or are ultimately killed. It’s where Google’s self-driving car concept was developed, where giant internet access balloons were conceived, where glucose-monitoring contact lenses were first experimented with, and where burrito-delivering drones are part of a beta test for bigger things.

7May 2017

Copper stockpiles surge pointing to concerns over global demand

A surge in copper stockpiles tracked by the world’s top base-metals bourse is reigniting concerns about demand for the material that’s often viewed by investors as a bellwether for the global economy. A 40% jump in inventories monitored by the London Metal Exchange in just three days comes amid concerns about China’s slowing industrial activity. Prices of copper, referred to as the metal with a Ph.D in economics, are trading near a four-month low.

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