Netflix shares hit an all-time high Friday passing through $200 for the first time ever. Goldman Sachs reaffirmed its buy rating and raised its price target for Netflix shares to the highest on Wall Street Friday. Netflix shares are now up more than 61 percent for the year. This story is developing. Please check back […]
Read moreUsers can now order food for delivery without ever leaving Facebook. The company announced on Friday that it has partnered with Delivery.com, DoorDash, ChowNow, Zuppler, EatStreet, Slice and Olo to offer users the ability to order meals without having to open each of those individual applications. Facebook also teamed up with restaurant chains like Papa […]
Read moreAn £18 million ($23.9 million) mansion is going on sale this month that can only be purchased in bitcoin. The property, located near Portobello Road in the upmarket Notting Hill district of London, will only accept the digital currency as payment. The price tag equates to over 4,000 bitcoin at Friday’s price. Lev Loginov, co-founder […]
Read moreGeneral Motors is poised to recoup ground it lost to Tesla and prove to investors that it’s not a “dying dinosaur” in the age of high-tech automobiles, according to a top Wall Street firm. Barclays raised its rating on GM’s shares to overweight from neutral on Friday, predicting that the company will recast itself in […]
Read moreIf your favorite yoga studio or local hardware store doesn’t have cybersecurity measures in place, it might be time to worry — most small businesses that have been targeted by cyberattacks don’t realize it. A survey of small-business owners by Nationwide found only 13 percent of respondents believed they had experienced a cyberattack. However, when […]
Read moreCurrency, United States Finance
Chinese space station set to crash-land on Earth's surface within months
A Chinese space station has begun its out-of-control descent towards Earth’s surface and is expected to crash-land within a few months. Launched in 2011, the 8.5-ton Tiangong-1 space laboratory had originally been a symbol of Beijing’s ambitious scientific bid to become a space superpower. However, last year Chinese officials confirmed the country’s first orbiting space […]
Read moreCheck out which companies are making headlines before the bell: Bank of America – The bank reported quarterly profit of 48 cents per share, three cents a share above estimates. Revenue also beat forecasts. The bank was helped by improved lending activity, as well as higher interest rates. PNC Financial – PNC came in three […]
Read moreInvestors should buy Netflix into its earnings report next week even after its stunning gains this year, according to one top Wall Street firm. Goldman Sachs reaffirmed its buy rating and raised its price target for Netflix shares to the highest on Wall Street, predicting the video streaming giant will post subscriber gains above expectations […]
Read moreAll future Apple iPhones will include facial recognition instead of a fingerprint reader, according to KGI Securities analyst Ming-Chi Kuo. Kuo properly predicted many of the features in this year’s iPhone X, including its new Face ID technology, which allows a user to unlock the iPhone by looking at it. In an earlier note this […]
Read moreAs bitcoin surged to all-time highs Friday, a key announcement from a major U.S.-based digital currency exchange could be a driving factor. Coinbase said Thursday it is rolling out instant bitcoin, ethereum and litecoin purchases of up to $25,000 from U.S. bank accounts. Previously, customers using their bank accounts to buy the digital currencies had […]
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