The computer industry is scrambling on Wednesday to patch a massive security vulnerability that’s present in the processors used on almost all the computers in the world. The vulnerabilities could allow a hacker to steal information stored in the memory of a wide range of computer chips running on personal devices — not just computers […]
Read moreMajor Asian markets traded higher on Thursday, following the stronger lead seen on Wall Street. Investors in the region will also keep an eye on Caixin’s China services and composite PMI later in the morning after the Caixin manufacturing PMI beat estimates and the country’s official PMI met expectations. Japan’s Nikkei 225 popped at the […]
Read moreIt’s only a matter of time before China lifts its ban on cryptocurrency exchanges, according to the entrepreneur behind what was once China’s longest-running bitcoin trading operations. “In this world, nothing is ever permanent,” said Bobby Lee, CEO and co-founder of BTCC, which closed down its China-facing trading operations in September 2017 after a well-publicized […]
Read moreMerrill Lynch financial advisors cannot buy bitcoin-related investments for their clients, The Wall Street Journal reported Wednesday. The ban prevents the financial giant’s roughly 17,000 advisors from pitching investments related to bitcoin and executing client requests to trade Grayscale’s bitcoin investment trust (GBTC), the newspaper said, citing a person familiar with the matter. “The decision […]
Read moreCramer Remix: I've issued more mea culpas on GE than any other stock, but I'm not giving up just yet
As much as some market-watchers may discredit the Dow Jones industrial average, the index has always been a trustworthy proxy for stock performance for CNBC’s Jim Cramer. “In fact, right now it’s more important than it’s been in a long time because its snapshot of 2017 gives you a terrific view of the winners and […]
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