When Casey, a security officer in his early 30s from San Jose, California, first started playing the Japanese mobile game Puzzles & Dragons, he was obsessed. “I would play constantly, everyday,” he says. “Even on my breaks at work, I would play non-stop.” During his first month, he estimates that he spent about $600 in […]
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Ripple rose more than 9 percent Wednesday, coming within 10 cents of its all-time high. The gains followed news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a “consortium” with some Japanese credit card companies to utilize blockchain technology, according to an online translation of a […]
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Despite mounting pressures over its iPhone X, Apple is still a compelling buy, according to Craig Johnson of Piper Jaffray. A report by Taiwan’s Economic Daily earlier this week that Apple would cut its forecast for the iPhone X sent Apple shares tumbling 2.5 percent on Tuesday. The stock failed to recover from those losses […]
Read moreClosely followed strategist Jeff Saut told CNBC on Wednesday that he expects the stock market to grind even higher in the new year. “I would expect 2018 to be an almost repeat of 2017,” said Saut, chief investment strategist at Raymond James. “People are still way underinvested. Earnings are starting to come in better than […]
Read moreThe stock market is at record highs. The S&P is nearly at an eye-popping level of 2,700- with some analysts predicting that it will hit 3,000 before the year-end. This bull market is the second longest ever with over eight years of rising stock prices. But will the good times keep rolling in 2018? Wall […]
Read moreBitcoin is in for a potentially wild ride in 2018 that will end with a modest drop from the current price, the first Wall Street analyst to write about the crypotcurrency said Wednesday. Nick Colas, co-founder of DataTrek Research, has been following the bitcoin phenomenon for at least four years. Looking ahead to 2018, he […]
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Nearly every equity market in the world saw solid returns this year, and the U.S. is no exception. The S&P 500 is on pace for its best year since 2013, with a nearly 20 percent gain, year to date; the Dow Jones industrial average achieved a record number of all-time highs. The upside is likely […]
Read moreA recent report that Apple would cut its sales forecast for the iPhone X appears to have “cast a shadow over everything,” closely followed trader Art Cashin told CNBC on Wednesday. He spoke a day after Apple posted its worst day since August. Taiwan’s Economic Daily newspaper, citing unidentified sources, reported Tuesday that the tech […]
Read moreWhen Daniel Poston, a second-year medical student in Manhattan, opened the App Store on his iPhone a couple of weeks ago, he was astonished to see an app for a new heart study prominently featured. People often learn about new research studies through in-person conversations with their doctors. But not only did this study, run […]
Read moreIn the last months of Steve Jobs’s life, the Apple co-founder fought cancer while managing diabetes. Because he hated pricking his finger to draw blood, Mr. Jobs authorized an Apple research team to develop a noninvasive glucose reader with technology that could potentially be incorporated into a wristwatch, according to people familiar with the events, […]
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