The worst intra-day market reversal in nearly a year might’ve spooked investors, but CNBC’s Jim Cramer argued that the market still has a major driver in its metaphorical back pocket. “I’m talking about the ongoing stock shortage,” the “Mad Money” host said. “The shortage is so real, so palpable, that I think it could become […]
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As the bank- and health-care-led market rally pushed the Dow Jones industrial average above the 26,000 level for the first time ever, CNBC’s Jim Cramer wanted to check in with tech. “You always need to be thinking about when it might be time to do a little register-ringing,” the “Mad Money” host said. “I don’t […]
Read moreYouTube is going to make it harder for small video makers to make money. The world’s largest video site will kick thousands of people out of its ad revenue-sharing program, and will make it much harder for new ones to get into the program. The change, which goes into effect today, is one of YouTube’s […]
Read moreAmplify ETFs CEO Christian Magoon thinks investing in blockchain now will bring returns as big as those from today’s FAANG companies. He’s so confident about the transformative power of the technology, that most of the holdings in Amplify’s blockchain ETF aren’t really blockchain companies at all. “We think the blockchain technology is going the transform […]
Read moreIn the hours after a video came to light of Uber founder Travis Kalanick arguing with an Uber driver over low fares, Kalanick and a few other executives broached the idea of apologizing and buying the driver’s cars to make it up to him. In the now-infamous February 2017 video, the driver, Fawzi Kamel, complained […]
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Ever ordered a coffee from your phone and had to wait in line to pick it up? Dunkin’ Donuts is hoping to solve that problem. The company’s newest location in Quincy, Massachusetts, contains a dedicated space for mobile pickup orders and features its first-ever drive-thru exclusively for those that ordered ahead using the DD Perks […]
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Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, amid a massive sell-off in major digital currencies. Ethereum traded on Coinbase near $901, or 31 percent lower over the last 24 hours as of 5:06 p.m. ET. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash. The declines followed […]
Read moreFerrari plans to make a high-end electric car, said CEO Sergio Marchionne on Tuesday. The auto executive, who also heads Fiat-Chrysler, told reporters at the North American International Auto Show that whatever Tesla has done with high-end electrics can be done by others in the industry. The plan would be a significant change of direction […]
Read moreA Democratic U.S. lawmaker asked Intel and two other microchip makers on Tuesday to provide a briefing on the recently detected Spectre and Meltdown security flaws that could allow hackers to steal information from most computers and devices. “I am looking to better understand the nature of these critical vulnerabilities, the danger they pose to […]
Read moreUnregulated investing opportunities, like initial coin offerings, may prove a risky prospect for entrepreneurs — but that doesn’t mean that all bitcoin-related products are bad, tech investor Jillian Manus told CNBC’s “Squawk Alley” on Tuesday. “It’s dangerous, it’s very dangerous. On one hand, we want to be supportive of this, because this gives opportunities, definitely, […]
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