NYSE Stock Market News, NASDAQ on 11.10.2016

● Huawei invests $1 million in the study of artificial intelligence. The partnership agreement concluded between the companies includes cooperation between the Huawei division “Noah Ark Laboratory” and a division of the University of Berkeley “Artificial Intelligence Research”.
● In the period from 1 on 6 October, there were massive holidays in India – “Great Indian Festival”, And 3 the main player in the retail market Flipkart, Amazon, Snapdeal having turnover in 23 billion dollars fought hard for a huge influx of buyers during this period for 5 of the day was bought 41,5 million goods.
● Facebook launched Workplace, a social network for business

The function of simultaneous translation into Russian has become available to users, microsoft announced, которой принадлежит Skype.
● Due to cuts and cancellations of investments in oil development, the world may face a shortage of oil supply after a while, said the CEO of Saudi Aramco
● BP has abandoned plans to search for oil and gas in the deep water shelf off the southern coast of Australia, considering the project too expensive in the current environment
● Wells Fargo announces management reshuffle amid scandal surrounding its banking product sales practices. Expected, that President and Chief Operating Officer Timothy Sloan will take over as CEO in the coming years
● Donald Trump's chances of winning the presidential election are decreasing, and investors see a new risk - that if he loses, Democrats can take Congress. completely under your control. This could be bad news for companies in some industries and high-income taxpayers.
● In the United States, a group of Democrats, including Hillary Clinton and Bernie Sanders, proposed taxing stock trading, bonds and derivatives
● The US Supreme Court on Tuesday for the first time in more than 100 years will consider the case for patent protection of design. It's about Apple's lawsuit against Samsung, who are suing on this issue with 2011 G
● Twitter shares on Monday fell by 12%, as investors' hopes for the sale of the company diminish
● SoftBank invested $130 million to the American bioengineering startup Zymergen
● PFM hedge fund, who invested almost $100 million in startup Theranos, sued him and his founder Elizabeth Holmes. PFM accuses the company of, that she lied to him to attract investment
● Didi Chuxing beat Uber in the Chinese market, but he faced new problems - the authorities of several large cities want to tighten the regulation of the industry
  Who said, that Russia has a low P / E!?
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