Technology stocks soundly outperformed the market this year and one Wall Street firm believes nine of the sector’s stocks will surge higher again next year. Macquarie’s research team shared its technology stock ideas in a note to clients Sunday. “We expect old media to continue to stagnate, distribution to continue being disintermediated, and semiconductor names […]
Read moreAs bitcoin mania reaches a fever pitch, many tiny stocks are maneuvering to capitalize on its run, likely leading to confusion for investors looking for legitimate ways to invest in the trend. Small-cap financial technology company Longfin (Ticker: LFIN) is the latest example, soaring in volatile trading the last two days after saying it was […]
Read moreEmerging markets are up more than 33 percent this year, but there are a few tail winds starting to appear that could derail one of the year’s hottest trades. The EEM ETF has fallen more than 2 percent since hitting year-to-date highs near the end of November. Gina Sanchez, CEO of Chantico Global, says that […]
Read moreThe founders of HQ, the popular trivia app, have been trying to capitalize on the startup’s white-hot status by raising a new funding round, hoping to land a valuation as high as $100 million. Considering Silicon Valley’s obsession with finding and funding the next big thing, and the app’s popularity — more than 680,000 people […]
Read moreApple’s moves into health have historically focused on its smartwatch, which tracks steps, heart rate and other metrics. But medical industry experts say that one of its other devices, the AirPod wireless headphones, have been overlooked. “I always say that there are two places where we can measure everything,” said electrical engineer Steven LeBouef. “The […]
Read moreInteractive Brokers Chairman Thomas Peterffy appears to be cooling his skepticism on bitcoin as a financial asset. “I think that bitcoin being listed on two reputable exchanges gives a great deal of reputation to the product itself and I think as a result it will become even more popular than it’s been before,” Peterffy said […]
Read moreAirbnb is set to ring in its first full year of profitability, putting it in a rare class among large venture-funded Silicon Valley companies. Laurence Tosi, chief financial officer of the home sharing company, tells CNBC, “the third quarter was the strongest quarter in the company’s history and this year, we will be profitable, as […]
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One “A” share of Warren Buffett’s Berkshire Hathaway will set you back about $300,000 as of Monday. The conglomerate’s most expensive share class touched that milestone for the first time in the morning before dipping back. It closed trading on Monday at $299,360, up 1.04 percent. It has outperformed the S&P 500 this year — […]
Read moreIndia’s ruling Bharatiya Janata Party (BJP) has seen its majority squeezed in a local election in Prime Minister Narendra Modi‘s home state of Gujarat. The vote, which took place Friday, revealed that the BJP had claimed 99 seats in the 182 seat-strong legislative assembly. The BJP had targeted 150 positions, but saw its previously held […]
Read moreVirgin Hyperloop One just raised $50 million more in its quest to build a high-speed transit system after being “very close” to running out of money, according a source familiar with the situation. There is likely to be some “organizational restructuring” following the funding round, the source told CNBC. The new investment reported Monday came […]
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