Cryptocurrency Conference Jammed

“A few years ago, there’d be one-third the amount of people, and most of you would be in hoodies,” says early cryptocurrency proponent Brian Kelly, taking the stage at CoinDesk’s crypto conference. With Bitcoin fast-approaching $10K, today’s...

GE Downgraded…Again

Fitch Ratings downgrades General Electric (NYSE:GE) once again. In addition it downgraded its GE Capital finance arm to A+ from AA- and their short-term issuer default ratings to F1 from F1+, with a negative outlook. Ouch. Why?: Fitch cites: “the deterioration...

Apple To Test Self-Driving Cars

Apple (AAPL -0.7%) is preparing to test self-driving cars at an old Fiat Chrysler (NYSE:FCAU) testing ground in the Arizona desert near Phoenix, sources tip Jalopnik. The company is said to be recruiting engineers and technicians to the site. Interestingly, Waymo and...

Bitcoin Bubble Biggest Of Our Lifetime

With bitcoin prices making new highs, the talk of a bitcoin bubble is real. Former Fortress hedge fund manager Michael Novogratz told a conference Tuesday that the digital currency market will be a wild roller coaster ride full of froth and shady behavior, and that a...

As Bank Of America Spikes Loan Growth Concerns Fester

Bank of America (BAC) is flying today. That is welcomed news as this was one of our top picks for 2017, and it has only appreciated about 10%. Despite the stock spiking today, there are loan growth concerns in the sector that have been festering for some time: The...
AT&T And Time Warner Merger Jeopardy

AT&T And Time Warner Merger Jeopardy

With a potential merger in jeopardy, we have learned in an SEC filing, AT&T (T +0.7%) says that it and Time Warner (TWX+0.3%) have agreed to extend the termination date of their merger plan to April 22, 2018. The AT&T and Time Warner merger has received all...

Buffalo Wild Wings Sold

Arby’s restaurant owner Roark Capital Group will buy Buffalo Wild Wings Inc (BWLD) for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant’s board following a proxy fight demanding management change. Buffalo Wild Wings shares were...

SoftBank Wants To Buy Uber At Big Discount

Japan’s SoftBank Group Corp is offering to buy Uber, that is, to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. The...
Bitcoin Thanksgiving Battles

Bitcoin Thanksgiving Battles

Bitcoin was the big topic of discussion at Thanksgiving family gatherings, possibly replacing politics and Black Friday as the most controversial topics. Judging by the action in the price of bitcoin and other cryptos, and in new accounts at exchanges like Coinbase,...
Blockchain To Hit Logistics

Blockchain To Hit Logistics

Morgan Stanley is out with an intriguing note on potential winners and losers from the growth of blockchain transactions. The investment firm sees blockchain execution in the logistics industry as removing some of the middle men processors. That development could be...
Exxon Reorganization

Exxon Reorganization

Exxon Mobil’s (NYSE:XOM) refining and chemical operations have grown in stature in recent years, delivering steady earnings compared to its oil and gas production. An Exxon reorganization of these facilities may be coming. Exxon operates 22 refineries in 14...

GE and Intel Partner Up

GE Healthcare (NYSE:GE) today announced an expanded partnership with Intel that aims to enhance patient care and reduce costs for hospitals and health systems using digital imaging solutions, deployed via edge and cloud. Together, the companies anticipate their...
Bitcoin: Will the rise continue?

Bitcoin: Will the rise continue?

The Bitcoin price climb continued on Monday, with the cryptocurrency soaring to another record high just a few percent away from $10,000 after gaining more than a fifth in value over the past three days alone. The digital currency has seen an eye-watering tenfold...

Cyber Monday Winners

There will be winners and there will be losers. One thing we are certain of, Cyber Monday winners will be looking at their largest online sales in history. In fact we surmise that there could be some incredible numbers in store for Cyber Monday in the U.S., and in...

Meredith To Buy Time, Our Thoughts

We told you to keep an eye out for Time inc. (NYSE:TIME) in a recent merger madness edition. It looks like our watch call has come to fruition, as last night some major moves were made, with Meredtih to buy Time. Publisher Meredith (NYSE:MDP) was close to a deal to...
Massive Insider Buying at GE

Massive Insider Buying at GE

General Electric (NYSE:GE) has seeing massive insider buying. Yesterday, GE closed modestly higher after board member James Tisch disclosed a 3M-share purchase, becoming the third company insider to buy shares in the past week including another director’s...
Key Stocks To Watch This Week

Key Stocks To Watch This Week

Below is a litany of information related to certain key stocks to watch next week. Each week we share this list because these key stocks to watch are what will possibly move markets. Key stocks to watch next week and their events are scheduled for these companies and...

Broadcom Still Wants Qualcomm

The New York Post reports Broadcom (NASDAQ:AVGO) CEO Hock Tan could interfere with Qualcomm’s (NASDAQ:QCOM) acquisition of NXP Semiconductors (NASDAQ:NXPI). Sources say Tan told Qualcomm shareholders that Broadcom would increase its buyout offer if Qualcomm drops the...

Is This The End of Net Neutrality?

Is this the end of net neutrality? We have learned that FCC Chairman Ajit Pai has launched his press to repeal net neutrality rules, posting an op-ed in The Wall Street Journal and circulating an order to commissioners to end regulation that he says is micro-managing...

Bitcoin Trading Firm Makes Big Move

UK-based bitcoin trading shop B2C2 thinks of itself first and foremost as a capital markets firm, not a crypto-company. And the firm’s board appointments Tuesday represent that identity with which they want to be associated. B2C2, an over-the-counter trading...

Bitcoin, Ethereum Prices Hit After Tether Attack

The value of bitcoin and ethereum prices briefly took a dip on Monday evening after a big theft allegedly affected a separate virtual currency system called Tether: Tether’s cryptocurrency, the USDT, is pegged to the U.S. dollar. The operators of the Tether network...
Merger Madness: Department Of Justice Versus AT&T

Merger Madness: Department Of Justice Versus AT&T

After a couple of weeks of heavy discussion around the regulatory prospects for AT&T’s (NYSE:T) long-in-the-making $85B plan to take over Time Warner (NYSE:TWX), the Justice Dept. says it’s filing suit to stop the deal. The DOJ formally announced its...
Confirmed Date For Bitcoin Futures!!

Confirmed Date For Bitcoin Futures!!

While some investors are actively avoiding bitcoin, others are eagerly awaiting the trading of bitcoin futures. Action at the CME actually looks like it will start on Globex on the evening of Sunday Dec. 10, but it will be for Dec. 11 trade date. This news could help...

Why Some Investors Avoiding Bitcoin

The difficulty of assigning a fair value to a speculative instrument that is less than a decade old and lacks the fundamentals that drive other asset classes was the main reason for steering clear of bitcoin, investors speaking at the Reuters Global Investment 2018...

Keystone Pipeline Approved By Nebraska

Nebraska’s Public Service Commission approves TransCanada’s (TRP +1.4%) proposed route for the Keystone XL pipeline by a 3-2 vote, clearing the way for the final permit needed to build the controversial project. The vote comes just days after a leak in...

Fast Food Stock Names Have Strong Q3

The fast food stock trade business is far from dead. Fast food stock restaurants outperformed fast casual chains in Q3 (+1.1% vs. -2.4%) as menu innovation continues to contribute. Solid same-store gains were recorded by McDonald’s (NYSE:MCD), Del Taco...

Big Day For Baozun

Baozun (NASDAQ:BZUN) is set to report earnings tomorrow. This is a critical report for the company. Baozun stock had rallied hard after major data points last week: Recall that the E-commerce strategy giant announced Singles’ Day sales of $751.4M, nearly double the...

Berkshire Hathaway Key Moves To Know

Berkshire Hathaway’s (BRK.A, BRK.B) latest portfolio positions include increased positions in Apple (NASDAQ:AAPL), Monsanto (NYSE:MON) and Synchrony Financial (NYSE:SYF). Buffett’s Berkshire Hathaway conglomerate raised its AAPL holding by 3.9M shares to...

Qualcomm Wants A Bigger Broadcom Bid

Bloomberg reports that Qualcomm (NASDAQ:QCOM) investors want at least $80 per share from Broadcom (NASDAQ:AVGO). Broadcom had offered $70 per share in its unsolicited bid, which the Qualcomm board rejected. Broadcom CEO Hock Tan hasn’t increased an opening offer over...
About This Marvell Cavium Purchase

About This Marvell Cavium Purchase

Have you heard that there is a huge purchase Marvell (MRVL) made of Cavium (CAVM)? This is an interesting deal. The Marvell Cavium purchased was just announced this morning.  The Marvell Cavium purchase was announced as a definitive agreement, unanimously approved by...
Blockchain Tests Pass Wall Street Smell Test

Blockchain Tests Pass Wall Street Smell Test

“We know the thing works now,” says Axoni CEO Greg Schvey, whose firm just managed a six-month test of blockchain in the $2.8T equity swaps market. We find this news to be very interesting. Among participating banks were JPMorgan (NYSE:JPM), Goldman Sachs...
Papa John’s And Other Brands React To NFL Protests

Papa John’s And Other Brands React To NFL Protests

Papa John’s (PZZA) is attempting a public reversal following its recent comments on its earning’s call. Other brands have also made mention of the protests. The company, on its official Twitter account, apologized last week for “statements made on our earnings...

Merck Falls As Roche Gains Big

Merck (NYSE:MRK) is down 2% premarket on increased volume in apparent reaction to Roche’s (OTCQX:RHHBY) announcement of positive Phase 3 data on the combination of TECENTRIQ (atezolizumab), Avastin (bevacizumab) and chemo (paclitaxel and carboplatin) in patients...

Nearly Half Of GE Board Of Directors Fired

Nearly half of the GE Board of Directors has been fired. Sure, there are compensation packages. There are ‘resignations’. There are ‘mutual departures’. The bottom line is that this is a major, and much needed shake up: “The fact that the...
Hong Kong Bitcoin Hating

Hong Kong Bitcoin Hating

An interesting story out of Hong Kong. We are dubbing it Hong Kong Bitcoin hating. Now, the Hong Kong Bitcoin trade is tumultuous as it is. But today’s story is out of a lil sub-crypto called Gatecoin. Gatecoin is a cryptocurrency for fiat exchange based in Hong...
Bitcoin: We see $9,000 by month end

Bitcoin: We see $9,000 by month end

It is not a typo. We see Bitcoin (BTC) at $9,000 before month end. Bitcoin markets have been surging today and surpassed $8,050 per BTC on November 19, 2017, at approximately 7:00 pm EDT. The price spiked just nine days after the Segwit2x working group canceled the...
UBS: Screw Bitcoin

UBS: Screw Bitcoin

Screw Bitcoin. That is the message we are taking away from UBS. What do we mean? Well despite being a financial services giant, UBS has no plans to get involved with bitcoin or other cryptocurrencies, according to one of its senior executives. In an interview with...
Key Japan Cryptocurrency Policy Clarification

Key Japan Cryptocurrency Policy Clarification

Japan’s Financial Services Agency (FSA) has recently clarified its financial administrative policies, outlining “what kind of policy the financial administration should conduct,” the agency wrote. Within the 41-page document, there is a section on Japan cryptocurrency...
Gold Prices At New Monthly High, What is Next?

Gold Prices At New Monthly High, What is Next?

Gold prices rallied Friday to a more than one-month high, tacking on nearly 1.8% for the week, as the latest developments in the investigation into Russia’s interference in the U.S. presidential election knocked the dollar lower. Let us discuss this action in gold...
Key Stocks To Watch This Week

Key Stocks To Watch This Week

Below is a litany of information related to certain key stocks you should be watching, and why. Key stocks to watch and their events are scheduled for these companies and are listed below next week: Key earnings reports next week Notable earnings reports: Palo Alto...

Splunk Third Quarter Earnings-Question And Answer

Occasionally we like to listen in and use voice to text software to translate a question and answer period. Today our staff listened in on the Splunk call and wanted to provide you with the highlights of the question and answer period. Please note that this is prone...
Tesla Semi-Reveal A Distraction

Tesla Semi-Reveal A Distraction

  With a market capitalization of $52.5 billion, Tesla is already valued at 54 times free cash flow — in 2020 that is, according to consensus estimates. And do you know how accurate consensus forecasts for Tesla’s free cash flow three years out tend...
Apple Wants Intel For 5G Phone

Apple Wants Intel For 5G Phone

Apple (NASDAQ:AAPL) is leaning heavily toward Intel and its 5G capabilities for a future iPhone. The iPhone maker’s engineers have been engaged with Intel counterparts for early work on 5G, the upcoming technology for next-generation wireless broadband, our source...

Apple HomePod Delayed

Apple (NASDAQ:AAPL) has just released a statement regarding its new Apple HomePod. In the just released statement the company is basically saying the Apple HomePod smart speaker launch will now happen in “early 2018” instead of next month.  We had believed it would be...
EA Stock Getting Hit From Star Wars Purchase Debacle

EA Stock Getting Hit From Star Wars Purchase Debacle

EA stock (NASDAQ:EA) is getting hit once again.  Recall that after a backlash that made history with the Reddit community, EA and developer Dice have decided to reduce some in-game costs in upcoming high-stakes game Star Wars: Battlefront 2. Trial users of the game...

Why is Catalyst Biosciences Stock Up?

Catalyst Biosciences stock (CBIO) is rallying quite hard today. It appears to be on the back of no news for Catalyst Biosciences stock at this time, though there are whispers of positive data from some of its clinical development projects. What we do know is that...

Bitcoin New All-Time Highs

What a volatile few days for Bitcoin. That didn’t last long. Bitcoin made plenty of headlines over the weekend, plunging into the mid-$5Ks from a high of more than $7.5K days earlier. Not only did it rally yesterday, but it is continuing today.  As of Thursday...

AT&T and Time Warner Shares Gain On Merger Comments

Time Warner (TWX +0.6%) shares have jumped back into the green on an ABA speech from top Justice Dept. antitrust official Makan Delrahim on his approach moving forward. AT&T (NYSE:T) is at a session high, up 1.3%, as well. Delrahim suggested behavioral remedies...

Best Selling Cars Last Month

We follow automobile stocks pretty closely. In this column we take a look at the best selling cars from last month. What we find to be most interesting is that there are more American models to crack the top 10 than there have been lately, and the takeover of American...

Walmart Stock Makes All Time Highs

Walmart stock (WMT) has just hit a new all time high. This comes on the back of better than expected earnings and a relatively strong outlook. We at Quad 7 Capital have had a buy rating on the name since the summer 2017. Below are the major highlights of the quarter...