It would be hard to walk into to a major business and walk away with all its sensitive information. But sometimes that’s not the case when it comes to online networks. Q6 Cyber, a cybersecurity firm that specializes in monitoring the dark web, showed CNBC a forum post in Russian where the cybercriminal was offering […]
Read moreWall Street is buzzing over Broadcom’s befuddling strategy to acquire a low growth software company. On Wednesday after the market close Broadcom announced it had entered into an agreement to acquire software company CA Technologies for $18.9 billion. Raymond James told its clients it was surprised on the deal announcement and questioned the company’s rationale. […]
Read moreDespite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform. The company will add Litecoin and Bitcoin Cash to its no-fee app, which already lets users trade bitcoin and ethereum. “Since we launched Robinhood Crypto in February, our customers have voiced interest in buying and selling other […]
Read moreApple on Thursday updated some of its MacBook Pro computers. The biggest change is the upgrade to Intel’s latest eighth-generation processors, which now ship in the 15-inch and 13-inch MacBook Pro models. Apple says users should see up to a 70 percent performance boost on the 6-core 15-inch model and up to 2x the performance […]
Read moreCurrency, United States Finance
The UK government wants a 'new arrangement' for its banks after Brexit
The U.K. government has proposed to end one of the most-cheered privileges of the financial industry, according to a new document Thursday, as it tries to speed up negotiations to leave the European Union. In a white paper, the U.K. government proposed new trade arrangements with the EU to come into force when it leaves […]
Read moreU.S. consumer prices barely rose in June, but the underlying trend continued to point to a steady buildup of inflation pressures that could keep the Federal Reserve on a path of gradual interest rate increases. The Labor Department said on Thursday its Consumer Price Index edged up 0.1 percent as gasoline price increases moderated and […]
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As trade war chaos envelops asset classes from stocks to commodities to currencies, defensive corners of the market like consumer staples and utilities have fallen back into favor. Within consumer staples, one name that may fly under the radar for some investors has acted particularly well, catching my eye in recent sessions. While the staples-tracking […]
Read moreTwitter shares rose Thursday after Goldman Sachs raised its price target for the social media stock and told clients that despite recent worries about the crackdown on fake accounts, the purge will be a net positive for user engagement. Goldman Sachs analyst Heath Terry increased his price target on Twitter to $55 from $40, arguing […]
Read morePresident Donald Trump‘s latest tariff plans sent the market into negative territory on Wednesday. But Tony Dwyer, chief market strategist at Canaccord Genuity, told CNBC that investors shouldn’t worry about trade tensions or tariffs. “The market moves with the direction of earnings,” Dwyer said Wednesday on “Fast Money.” “As long as the economy is positive, […]
Read moreCheck out which companies are making headlines before the bell: Delta Air Lines – Delta came in 5 cents a share above estimates, with adjusted second quarterly profit of $1.77 per share. The air carrier also announced the approval of a 15 percent dividend hike. Delta said its fuel bill would be higher by about […]
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