Mar 30, 2018 | Market News
Stocks staged a broad rally ahead of the three-day Easter weekend as technology shares rebounded, but the blue-chip Dow index still suffered its first quarterly loss in more than two years. The Dow closed the quarter 2.3% lower and the S&P 500 slid 2.7% in the...
Mar 30, 2018 | Market News
Growth at all costs? Facebook Inc executive said in an internal memo in 2016 that the social media company needed to pursue adding users above all else, BuzzFeed News reported on Thursday, prompting disavowals from the executive and Facebook Chief Executive Officer...
Mar 30, 2018 | Market News
As the opioid crisis continues to kill thousands of Americans each year, states are holding big pharma responsible. In response to the opioid crisis, Arkansas’ attorney general on Thursday joined the widening mass of litigation against opioid manufacturers. The...
Mar 30, 2018 | Analysis
Tron Test Net, and the Main Net, have been huge topics of discussion. Developments in the world of cryptocurrency come in many different forms, and Tron has been closely watched. Any project with a multi-billion dollar market cap needs to have a working product at...
Mar 30, 2018 | Analysis
Bitcoin losses are costing jobs. At least, that is what the data suggests. There is a correlation between bitcoin price performance and interest in the bitcoin and cryptocurrency job market. Bitcoin losses are weighing. When times are good in the bitcoin price, it’s...
Mar 29, 2018 | Analysis
Digital currencies plunged Thursday in a market selloff that showed no sign of abating. The No. 1 digital currency, bitcoin fell below $7,500, trading to an intraday low of $7,331.52. A single bitcoin was last exchanged at $7,427.60, down 6.3%. Other major digital...
Mar 29, 2018 | Market News
Amazon checking is coming to a teenager near you. Amazon checking? Yep, you read that right. Amazon checking is the latest and greatest move from Amazon.com Inc (AMZN) and it has millennial shoppers nailed down. And their parents. And most of their grandparents. Well...
Mar 27, 2018 | Market News
Tesla Stock (TSLA) is getting crushed following chipmaker Nvidia Corp’s (NVDA) decision self-driving. Tesla stock is down 7%. Nvidia has suspended self-driving tests across the globe, a week after an Uber Technologies Inc )UBER) autonomous vehicle hit and killed...
Mar 27, 2018 | Analysis, Market News
Some index funds may be big losers today as LongFin (NASDAQ:LFIN) is to be removed from Russell indexes just days after being added. The issue appears to be only 1.14M shares (out of 14M offered) being purchased in the IPO. LongFin thus fails to meet the minimum 5%...
Mar 26, 2018 | Analysis, Market News
Twitter is to ban cryptocurrency advertising, joining Facebook and Google in a clampdown on the industry over the risk of giving publicity to potential fraud or large investor losses. The prohibition will cover advertising of initial coin offerings (ICOs) –...
Mar 26, 2018 | Analysis
Supporting new crypto assets may be a “top priority” for Coinbase, and we have recently discussed both Ripple (XRP) and Tron (TRX) as likely candidates to be the next cryptos listed. While we have seen rampant speculation about both Tron and Ripple coming...
Mar 26, 2018 | Analysis, Market News
This month, we launched our highly anticipated exclusive research service, BAD BEAT Investing. Together, as an investing community that shares the BAD BEAT Investing Philosophy, we will identify special situations with the potential for outsized returns. We have...
Mar 23, 2018 | Market News
Gold futures rallied Friday to their highest finish in five weeks, notching a weekly gain of almost 3%, as the threat of a looming trade war between the U.S. and China intensified. “Gold’s gains feel unexpected, but considering the growing volatility in the equity...
Mar 23, 2018 | Market News
With the market turndown this afternoon, Facebook (NASDAQ:FB) is 3.2% lower in a resumption of a near-weeklong downdraft. In developments today, The UK’s Information Commissioner’s Office has been granted a warrant to search the offices of Cambridge...
Mar 23, 2018 | Analysis, Market News
US whistleblower Edward Snowden voiced concerns over Bitcoin’s long-term prospects in an interview on March 22, saying the cryptocurrency’s public Blockchain made it susceptible to abuse. Speaking via webcam in an interview with Coin Center director of research Peter...
Mar 23, 2018 | Market News
The Tesla Model 3 (NASDAQ:TSLA) is a huge source of contention in the investing world. The Tesla Model 3 is oft-cited by both bullish and bearish theses. Today, the Tesla Model 3 may be scoring one for the bulls, despite the market action in the stock. What do we...
Mar 23, 2018 | Market News
Are Ripple futures coming our way? When Bitcoin Futures contract was first introduced during the close of 2017, it immediately made headlines, but there have been talk of others coming such as Ripple futures. For more on what Ripple is click here However, unlike...
Mar 23, 2018 | Market News
Nike (NYSE:NKE) has acquired Zodiac Inc., a consumer data analytics firm. This is a deal that “demonstrates our commitment to further accelerating Nike’s digital transformation and enhancing our consumer data and analytics capabilities to help us serve consumers...
Mar 22, 2018 | Analysis, Earnings
After a down day, Nike (NYSE:NKE) is up 2.5% after hours following fiscal Q3 earnings where it took a loss due to a large tax expense it took after new legislation, but saw revenues grow with worldwide gains. Overall revenues rose 6.6%; Revenues for Nike brand rose 4%...
Mar 22, 2018 | Analysis
You’ve probably heard these words before and you could be wondering what the banter is all about again. You will be right if you didn’t go on and put my words into action. However, a quick reminder is that yes, you did hear these words somewhere else before, but they...
Mar 20, 2018 | Analysis
The Cryptocurrency market, on the whole, is very volatile in nature, with investor sentiments taking precedence over other price movement factors. Thus it comes as no surprise, that TRON, just like the majority of cryptocurrencies have experienced torrid times...
Mar 20, 2018 | Market News
Blow to Venezuela? President Trump has signed an executive order barring any U.S.-based financial transactions involving the new Petro cryptocurrency, which is backed by the nation’s oil reserves. “Instead of correcting course to avoid further catastrophe,...
Mar 20, 2018 | Analysis
Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s Face ID security, three major parts producers have told Reuters, handicapping Samsung and others on a technology that is set to be worth billions in revenue over the...
Mar 20, 2018 | Market News
McDonald’s going green? It is a reality. McDonald’s (NYSE:MCD) is making big steps to improve its foot print. McDonald’s going green? Maybe greener is more appropriate, given it has made some moves in the past. So what is the latest McDonald’s...
Mar 19, 2018 | Analysis
Cryptocurrency is reversing today. After a week of real pain for cryptocurrency, the No. 1 digital currency, bitcoin, and many altcoinsm have something to smile about. On the eve of a meeting of Group of 20 finance ministers and central bankers in Buenos Aires, the...
