Ray Dalio, the founder of Bridgewater Associates, said he's not sure what President Trump is trying to accomplish with tough talk on China. Bridgewater manages $160 billion, so his words hold significant sway on Wall Street.
The promise addresses one of the gripes of US President Donald Trump, who has threatened to impose new tariffs on $150 billion of Chinese goods in a tense trade dispute between the world's two largest economies.
Shares of Facebook are down more than 10% this year. So it's underperforming the other FAANG stocks, the Nasdaq and the broader market. But some analysts are hopeful the Cambridge Analytica scandal won't hurt sales and profits.
SenseTime, which specializes in software that can identify people's faces in surveillance videos, is now the most valuable artificial intelligence startup in the world.
The jobs number wasn't great. But wages are still growing without sparking inflation fears. The unemployment rate remains low. And corporate tax cuts may offset trade war worries.
