Oct 21, 2017 | Global News, Market News
Despite snubbig bitcoin, MasterCard recently announced a way for businesses to make direct business to business (B2B) payments over their Blockchain technology-based network. The company has dubbed its offering “MasterCard Blockchain API,” and it will be debuted at...
Oct 20, 2017 | Market News
Well we’re sure this situation will get resolved I’m a settlement, but Apple (AAPL) is in a big trademark suit. A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company...
Oct 20, 2017 | Analysis, Global News, Market News
It’s a new record folks, but what’s comes next is even more interesting. What record? Cryptocurrencies are kicking ass. The price of bitcoin has hit a new all-time high, crossing the $6,000 line for the first time. That is right! Bitcoin 6000! The Bitcoin...
Oct 19, 2017 | Market News
D.A. Davidson suggests that Sally Beauty Holdings (SBH -5.2%) might make an intriguing target for Amazon. Does this mean that Amazon Beauty is next? Possibly. The firm notes that Sally Beauty’s store base could be a good way for the e-commerce giant to make a stronger...
Oct 19, 2017 | Analysis, Global News, Market News
There will never be a cure for cancer, so long as it continues to be a billion dollar business. We don’t say that to make a political point. One of our founders is doctor in the field of epidemiology. The data tells the story. But money moves people. One of our...
Oct 19, 2017 | Analysis, Market News
It is already underway. There are SERIOUS concerns over orders and demand for the iPhone 8 despite a successful launch. Apple (AAPL) shares fell 1.5 percent in premarket trading on Thursday as brokers and traders speculated over poor demand and cuts in production of...
Oct 18, 2017 | Global News, Market News
This story is interesting and we are following it closely. Colleagues with AP and Reuters have been discussing the story tonight. We want you to be aware of this interesting development. As reported, just three months ago, a tech project called Tezos raised $232...
Oct 18, 2017 | Analysis, Market News
Tesla (TSLA) has broken a number of promises over the last few years. Now whether this is intentional or inadvertent has been questioned in the past. Our colleague Bill Maurer has identified another issue. He states: “In one of my latest Tesla articles, I talked...
Oct 18, 2017 | Global News, Market News
This is HUGE. One of the largest roadblocks in the deal came from Brazil’s antitrust authority, the Conselho Administrativo de Defesa Econômica (CADE). We now know that it has approved AT&T’s (T) pending acquisition of Time Warner Inc. “We appreciate the hard work...
Oct 18, 2017 | Global News, Market News
Are you a Snap user? Well get ready, because Snap Olympics is coming your way. Discovery Communications’ Eurosport and Snap, Inc have entered a strategic advertising and content agreement that will bring Snapchat users coverage of the 2018 Olympic Winter Games in...
Oct 18, 2017 | Market News
Trouble with the tech giant? Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm Inc (QCOM) in a rare public display of disagreement between authorities. what is going on? Taiwan’s Fair Trade...
Oct 17, 2017 | Analysis, Market News
Some say the government should run health care. Some believe it should be private. Others believe a mix is appropriate. Apple thinks it can run the world. Apple has considered an expansion into health care clinics, and had talks to buy a start-up called Crossover...
Oct 16, 2017 | Market News
Our kids will flip! Recently, Chuck E. Cheese announced that they were breaking up the robotic band that used to rock out on stage for dozens of pizza-fueled boys and girls. “The bottom line is that the animatronics they created decades ago were really cool and fun...
Oct 16, 2017 | Global News, Market News
A senior GE official used a climate change forum at Harvard University on Friday to criticize the popular idea of placing a tax on carbon dioxide emissions as the best way to address climate change. p A carbon tax “that’s just not going to happen,”...
Oct 16, 2017 | Market News
WOW. Simply astounding the level of bullishness. According to GBH Insights, the new iPhone X will drive Apple’s smartphone sales to a new record. GBH Insights started coverage for Apple shares with a “highly attractive” rating, predicting the company...
Oct 16, 2017 | Market News
BREAKING: This is a developing story. We learned that Brazil’s antitrust regulator Cade is set to approve the AT&T and Time Warner merger on Wednesday, with conditions, newspaper Valor Economico reported on Monday. Recall that AT&T agreed to buy Time...
Oct 16, 2017 | Market News
Viacom and Spectrum have been blasting the airwaves with threats of cancellation each blaming one another. Have your kids been pestering you about Nickelodeon being cancelled? Well both Viacom and Charter Communications, who owns Spectrum, agreed on a short-term...
Oct 13, 2017 | Market News
Tesla (TSLA) has had a bad week. We learned that the luxury electric vehicle maker jist fired a bunch of employees. Tesla fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told the media. z Of course when asked,...
Oct 13, 2017 | Market News
Just one day after promising he was done with it, JP Morgan Chase CEO Jamie Dimon is back on a bitcoin attack. “If you’re stupid enough to buy it, you’ll pay the price for it one day,” Dimon said in response to a moderator question at an...
Oct 13, 2017 | Market News
We have not hid our contempt for the criminal enterprise known as Equifax. What people don’t realize is that Equifax controls a LOT of our government contracts among other entities and businesses to provide security. Today the IRS has stepped up. The IRS has...
Oct 13, 2017 | Market News
Bringing laziness (convenience) to a whole new level, you will soon be able to order food on Facebook. Would you order food on Facebook? Today Facebook is announcing that users can now order food for takeout or delivery using both the Facebook mobile app and website....
Oct 13, 2017 | Market News
It gets more bizarre by the day. Titans wide receiver Rishard Matthews has stated that if a new rule requiring professional football players to stand during the national anthem is instituted, he will quit the NFL. Matthews made the announcement in a tweet, though...
Oct 12, 2017 | Market News
Tesla is now feeling the pinch of a big automaker. It has issued a recall. They are calling it a “proactive measure” out of an “abundance of caution,” the company says, in handling an issue with a cable used in the adjusting of second-row seating in a small percent of...
Oct 12, 2017 | Market News
It just get weirder by the day. This time there may be good news. Equifax Inc said on Thursday that one of its third-party vendors had been running malicious code on one its web pages, but that the credit reporting agency was not the subject of another cyber...
Oct 12, 2017 | Market News
AT&T is shuttering a call center in El Paso, Texas, in a move that the Communications Workers of America said highlights the carrier’s eagerness to move jobs offshore as contract negotiations drag on between the two. But the operator said all the affected...
Oct 12, 2017 | Market News
These guys are unbelievable. Maybe this is what you get when you hire a music major as your chief security officer? Kind of a big gig considering Equifax has, oh, we don’t know, ALL OF OUR INFORMATION?? Well Equifax shares are getting hit again today thanks to...
Oct 12, 2017 | Market News
Jamie Dimon, chairman and CEO of JPMorgan Chase, said he is no longer going to discuss bitcoin after his comments last month that the digital currency was a “fraud” caused quite the stir on Wall Street and Silicon Valley. “I wouldn’t put this...
Oct 11, 2017 | Market News
No. Way. Coach is DONE. The Iconic luxury handbag maker risked Wall Street and social media ire on Wednesday by announcing a change of its corporate name to Tapestry Inc, as it evolves into a multi-brand upscale retailer. The company’s shares fell as much as 3 percent...
Oct 10, 2017 | Analysis, Market News
Over the last few weeks we have been covering the drama associated with bitcoin and related cryptocurrencies as many nations are cracking down. Well no bitcoin risk has come to Russia. President Vladimir Putin said on Tuesday crypto-currencies were risky and used for...
Oct 6, 2017 | Market News
The U.S. Federal Communications Commission said late on Friday it had approved Google/Alphabet Inc’s application to provide emergency cellular service to Puerto Rico through balloons. In the aftermath of Hurricane Maria, Puerto Rico has struggled to regain...
Oct 6, 2017 | Market News
Thinking of buying an iPhone 8? Well the iPhone 8 battery issue is rearing its ugly head. We stumbled upon a new report of an ‘exploding’ battery issue. Basically we are hearing that the iPhone is popping open due to a swollen and exploding battery. This...
Oct 6, 2017 | Market News
Taiwan will not regulate against initial coin offerings (ICOs) and cryptocurrencies like bitcoin and will avoid the hardline stance taken by the likes of China and South Korea. In significant news today, Taiwan’s Financial Supervisory Commission chairman Wellington...
Oct 5, 2017 | Market News
Netflix (NLFX) has always been a bargain but like any company, to improve revenues and the bottom line, prices have to go up. While some may call it a “small hike”, it still is going to weigh. Overall, Netflix raises its prices by 10%. But that hikes in...
Oct 4, 2017 | Market News
Biotix Inc. (BIOP) today announced it is changing its name to Riot Blockchain, Inc., and has reserved and plans to change its Nasdaq ticker symbol to RIOT, in line with a shift in direction of the company. The name and symbol change are subject to Nasdaq approval....
Oct 4, 2017 | Market News
It is official. Wall Street soared to new record highs on Wednesday after U.S. Secretary of State Rex Tillerson denied reports that he considered resigning, allaying fears of fresh turmoil in the Trump administration. The S&P 500 and the Nasdaq reversed early...
Oct 3, 2017 | Market News
CRAZY. Yes, MASSIVE changes are coming. Ford Motor Company today provided a strategic update to investors, detailing plans to leverage its unique product strengths, trusted brand and global scale to refocus and thrive in an evolving and disruptive period for the auto...
Oct 3, 2017 | Market News
Uber’s new CEO Dara Khosrowshahi had a constructive meeting with London’s transport boss on Tuesday, the company said, just days after the city refused to renew its operating license. “Our new CEO had a constructive meeting with the Transport Commissioner this...
Oct 3, 2017 | Market News
We have learned the Google Home Mini price has been leaked. What a mistake, but the news is interesting. The smaller Google Home (GOOG, GOOGL) which is expected to debut at tomorrow’s launch event, has just appeares on Walmart’s website for pre-order. The...
Oct 3, 2017 | Market News
You read that right. Well sort of. Rather than knock down the building, the company has a way around the drive thru. Recognizing some days are just too busy to even consider leaving the car, Target is introducing Drive Up, about as close to a drive thru as it can...
Oct 2, 2017 | Market News
Someone needs to go to jail. Equifax Inc (EFX) was alerted in March to the software security vulnerability that led to hackers obtaining personal information of more than 140 million Americans but took months to patch it, its former CEO said in testimony to be...
Oct 1, 2017 | Market News
The middle class is about to get screwed again. Democrat or Republican, it doesn’t matter anymore. The people get shafted. We learned that U.S. Treasury Secretary Steven Mnuchin Today just said one of the top goals of the Trump administration’s tax plan is to...
Sep 29, 2017 | Market News
Apple has acquired a small French startup called Regaind, according to multiple sources, and it is extremely concerning when it comes to its renewed focus on privacy. As always, Apple is very quiet when it comes to acquisitions, but it’s always interesting to learn...
Sep 29, 2017 | Market News
In another blow to bitcoin, South Korea looks set to follow China on a possible path to banning cryptocurrency. South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions...
Sep 28, 2017 | Market News
Score one for the good guys? Monsanto lobbyists have been banned from entering the European parliament after the multinational refused to attend a parliamentary hearing into allegations of regulatory interference. It is the first time MEPs have used new rules...
Sep 28, 2017 | Market News
Self driving car laws have been debated back and forth for several months. Today we learned that two key U.S. senators said late on Wednesday they had reached a bipartisan deal on sweeping legislation aimed at easing hurdles to getting self-driving cars to drivers....
Sep 22, 2017 | Market News
You know there is always something. Just as we at Quad 7 Capital are out with the opinion that the merger between AT&T (T) and Time Warner (TWX) appears to be moving along and the company will address its debt and the fears antitrust officials in Brazil have...
Sep 22, 2017 | Market News
Would you be ok with a Walmart employee coming into your home and putting groceries into the refrigerator? Well that is exactly what Walmart is doing. Starting in California, Walmart is testing a new service that delivers groceries not just to your doorstep, but...
Sep 22, 2017 | Analysis, Market News
Hurricane Maria is the latest in surge of huge storms throughout the carribean and lower United States. The people are truly suffering. For example, Hurricane Maria left medical facilities on Dominica “worse than in a war zone,” according to the...
Sep 21, 2017 | Market News
We have learned that Morgan Stanley (MS) is sour on General Mills (GIS). Morgan Stanley has just lowered its price target on General Millsto $52, about where it trades right now, to account for the FQ1 profit miss and new EPS estimates. They stated :”We continue...
Sep 21, 2017 | Market News
Hillary Clinton’s “What Happened” had a big debut and is on pace to reach one million copies sold into the holiday season. Clinton’s book, about her stunning presidential election loss in 2016 to Donald Trump, sold more than 300,000 copies in...
