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Big Banks

JP Morgan, Goldman Sachs, and Morgan Stanley Form New Data Company

Banking behemoths JP Morgan, Goldman Sachs, and Morgan Stanley are teaming up to create a company that will give them shared access to certain market data, which will help them cut data management costs.

The trio are each investing "seven figures" in the new initiative.

Here's why these highly competitive big banks are all teaming up...

oil

What the Iran Nuclear Deal's "Secret Agreement" Means for Oil Prices

There's a bombshell new development in the Iran nuclear deal.

The Associated Press reported that Iran will be permitted to use its own experts to inspect Parchin, one of the country's most suspicious testing facilities.

Here's a breakdown of the news and how it will affect oil prices...

Pharmaceutical Stocks

Today's $1 Billion Valeant Acquisition (NYSE: VRX) Details and How to Profit

Valeant Pharmaceuticals International Inc. (NYSE: VRX) confirmed its $1 billion acquisition of Sprout Pharmaceuticals Inc. today (Thursday).

Money Morning Defense & Tech Specialist Michael A. Robinson has been following this M&A trend since 2014. He knew the world's top pharmaceutical companies would continue their M&A binge, and he recommended an investment to play that wave.

Robinson's pick has already climbed 13% this year and still has plenty of room to run...

Biotech

Two Tactics for Bigger Biotech Investing Profits

Over the past six months, we've seen the Nasdaq Biotechnology Index, an indicator for the entire sector, take some wild swings up and down, often by as much as 10% from week to week.

That's in stark contrast to the previous half-year, when we experienced a relatively steady upward swell.

This year's unsettling international headlines haven't helped. In just the last few months, we've battled doom-and-gloom sentiment on the debt crisis in Greece, currency manipulation in China, cratering oil prices, the burgeoning debt crisis in Puerto Rico, and the specter of a September rate hike from the Fed.

The most important factor driving this volatility is more complicated than "bad news," though. We'll get to that in a moment. 

There is good news: This turbulence isn't insurmountable. And the simple tactics I'm about to share with you could dramatically improve your profits in this choppy market...

top news

UPS Completes Coyote Logistics Acquisition for $1.8 Billion (NYSE: UPS)

UPS Completes Coyote Logistics Acquisition: It was announced today (Wednesday) that the United Parcel Services Inc.'s (NYSE: UPS) $1.8 billion acquisition of Coyote has been finalized.

Coyote is a leading provider of logistics and transportation services that will allow UPS to capitalize on the fast-growing freight brokerage business.

This latest acquisition, however, could help UPS deliver improved results....

bitcoin

Bitcoin's Future Faces Grave Threat from Software Civil War

Bitcoin's future is more at risk now than at any time in its six-year existence.

A civil war has erupted over the best way to scale the digital currency to handle a larger number transactions.

The impasse has put Bitcoin's future in doubt. If its users split apart now, with Bitcoin in its infancy, it will undermine trust and discourage adoption – potentially smothering Bitcoin in its crib.

Here's what this dispute is all about...

China

[Chart] How China's Stock Market Crash Has Impacted Global Markets

During China's stock market crash, the Shanghai Composite Index has fallen more than 26% since June 12.

And as the world's second-largest economy, China's stock market crash is now weighing on global markets.

Here's a look at how other global stock markets have performed since China's stock market began crashing...

oil

What's the WTI Crude Oil Price After Today's EIA Supply Report?

The WTI crude oil price sunk lower today after the U.S. Energy Information Administration (EIA) released its weekly supply report.

Despite the drop, today's low prices give us the perfect opportunity to buy certain oil stocks at a discount before prices begin to rise.

Here's how you can play today's movement...

The Fed

Will Fed Minutes Move Markets Today?

The biggest question we've received from readers this morning is "Will Fed minutes move markets today?"

Stocks were in the red ahead of what is expected to be a volatile session

What the Fed says is key, but even more significant is tone...

Top News

The Trickle-Down Effect China's Stock Market Crash Will Have on the U.S.

China's stock market fell more than 6% on Tuesday, and investors around the world are worried about a full stock market crash in China.

The impact is being felt in the United States with the Dow Jones down more than 3% in the last month.

Money Morning Technical Trading Specialist D.R. Barton made his regular appearance on FOX Business Tuesday and discussed what trickle-down effects we'll see in the U.S. stock markets.

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