Bitcoin is a pure gamble, and those interested in the cryptocurrency should just go to Vegas, CNBC’s Jim Cramer warned on Wednesday. The cryptocurrency, which has surged more than 1,000 percent this year, broke above the $12,000 mark on Wednesday morning, according to industry site CoinDesk. Bitcoin’s rapid gains have prompted some market participants to […]
Read moreIf the $999 iPhone X is a little too expensive for your tastes, there’s a new smartphone you might want to put on your radar. Chinese smarphone-maker Huawei’s sub-brand, Honor, recently announced a new smartphone named the Honor 7X that succeeds the Honor 6X, a popular budget smartphone which launched last year. The Honor 7X […]
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It’s one of the most common questions on Wall Street: Where has all the volatility gone? Between D.C. drama, geopolitical uncertainty surrounding North Korea and President Donald Trump’s tweets, investors have had ample reasons to hit the sell button. But 2017 is shaping up to be one of the least volatile years on record. And […]
Read moreT-Mobile announced a $1.5 billion stuck buyback program on Wednesday morning. “Since launching Un-carrier, T-Mobile has delivered unmatched growth and continues to take share in a rapidly changing and competitive wireless industry. This repurchase program underscores our Board of Directors’ and management team’s confidence in our business and our commitment to creating value for shareholders,” […]
Read moreWith two exchanges set to begin offering bitcoin futures this month, a CFTC official said on Wednesday that government regulation aims to preserve the integrity of the contracts. “The exchanges are looking at the underlying cash contract to make sure it’s not manipulated,” Andrew Busch, chief market intelligence officer at the Commodity Futures Trading Commission, […]
Read moreSocial media giant Facebook will lead the “FANG” stocks higher in 2018 with no correction in sight, according to Evercore ISI. In fact, given the large addressable markets that are on the cusp of disruption, analyst Anthony DiClemente argues that the next wave of technology growth could be even larger than the last. “Today’s leading […]
Read moreCheck out which companies are making headlines before the bell: Alphabet — Evercore ISI initiated coverage of a group of internet companies, saying that “the best is yet to come for internet disruptors.” The Google-parent company was among those the Wall Street firm rates as out-performers, as well as Facebook, Amazon, InterActive and Match Group. […]
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While philanthropist Melinda Gates spends much of her time working with the Bill and Melinda Gates Foundation on ways to resolve and prevent global health crises, she has also brought attention to the lack of women and minorities in the industry where she started her professional career: technology. “Innovation happens when we approach urgent challenges […]
Read moreAn Israeli investment group focused on tech has raised $100 million for a fund to invest in financial technology (fintech) companies around the world. Viola, based in Herzliya, Israel, said its fintech fund is backed by a number of international banks, including Scotiabank and Bank Hapoalim, as well as insurer The Travelers Companies. The project […]
Read moreAmazon Prime Video is now available on the Apple TV. The app and partnership was originally announced in June during Apple’s annual developer conference. It allows Amazon Prime members to stream a wide array of movies and TV shows, including exclusive content created by Amazon Studios such as The Grand Tour and The Man in […]
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