Jefferies is getting more optimistic on Salesforce shares due to its strong deal pipeline. The firm reiterated its buy rating for Salesforce stock, predicting the cloud computing software company will report sales growth above expectations this fiscal year. Salesforce will report its fiscal second-quarter results on Aug. 29. “We believe that CRM will meet or
Month: August 2018
The cryptocurrency market is trending upwards today as most coins within the top 100 are currently trading in the green. Bitcoin (BTC) is currently trading over $6,600 and Ethereum (ETH) is just below the $300 mark. Let’s take a closer look at Ripple (XRP), EOS, and Litecoin (LTC) today and the latest movements with each
Bitcoin’s (BTC) jump to a 15-day high is encouraging, but caution ahead of the US Securities Exchange Commission’s (SEC) imminent decision on a bitcoin exchange-traded fund (ETF) could limit further price gains. The leading cryptocurrency rose to $6,899 on Bitfinex earlier today – the highest level since Aug. 7 – and is accompanied by a
It’s an understatement to say the current price of the world’s largest cryptocurrency pales when compared to its past glories – at $6,700, bitcoin is down roughly 60 percent from its all-time high. That said, market conditions aren’t the same as they have been in years past. Indeed, bitcoin’s 2017 boom has brought new attention, and
Wall Street’s bull market should keep on running, but it could slow its pace as now buoyant profit growth diminishes, says Nuveen Asset Management’s Bob Doll. The S&P 500, as of Wednesday, is now in the longest running bull market ever as some strategists measure it. That would be one day older than the 1990
Jeannine Harpell (RIGHT) walks with Stella Fontaine during a sunny afternoon at the senior community Heritage Village in Unionville. July 16, 2015. (Carlos Osorio/Toronto Star via Getty Images) Relatively few childless adults reside in assisted living and continuous care communities today. Why? There were no adult children to convince them to make the move. This article
Norway’s $1 trillion sovereign wealth fund has missed its target returns in the second quarter after its investments failed to fire. Norges Bank, which manages the Government Pension Fund Global, said Tuesday that it had returned 1.8 percent, or 167 billion kroner ($19.8 billion), in the second quarter of 2018. The return on the fund
The cryptocurrency industry has been around for a long time and has been attracting a lot of investors for a decade. Cryptocurrency investing has turned into a huge mainstream business. Cryptocurrency has helped many people to generate extensive profits through their investment. This all started with the introduction of Bitcoin, which was the first cryptocurrency
The so-called “smart money” hedge funds are dramatically underperforming this year. Goldman Sachs explained the weakness is the result of big positions in Facebook shares and disastrous bets against stocks. The firm said the average stock hedge fund is down 1 percent this year through Aug. 17 versus the S&P 500’s 8 percent gain. “Volatility
Bitcoin, the world’s largest cryptocurrency by market capitalization has jumped 6.6 percent in quick succession pushing prices well above 6,600. At 01:00 UTC, just after Tuesday’s close, the cryptocurrency rose $428 over the course of 20 minutes as it rose in a flash for the first time since July 24, 2017, according to CoinDesk price data.
The number of short orders placed on bitcoin is less than 3 percent – or 1,196 orders – away from setting a new all-time high, according to data from cryptocurrency exchange Bitfinex. As of 16:00 UTC today, there are 39,524 short orders outstanding, marking its highest level in more than 4 months. Shorts have only
Many are saying this is the longest running bull market. By most definitions, it began on March 9, 2009 — when the S&P closed at 676, the bear market low. The S&P 500 is up more than 300 percent since then. On August 22, the bull market turns 3,453 days old, putting it one day
Pension funds can make a big splash when they all jump into financial markets at the same time. That’s pretty much been the experience in the bond markets this year, a phenomena that has helped keep rates low and provided a steady stream of buyers for Treasurys and corporate bonds, according to strategists. But now
What does ‘back to school’ mean at your home? Is it little ones catching the school bus and bringing home a stack of permission slips? Are there teens traipsing in after class and practice, completely out of sync with family dinner? Do school supplies and seasonal colds take over the household every year? The start
Who Are We? The Melbourne-based blockchain technology start-up company, OctoWallet are extremely excited to announce Australia’s first innovative ‘on the go’ hardware wallet. The OctoWallet Silo is designed to protect your crypto assets and send transactions securely via a mobile application. The OctoWallet contains highly intensive sustainable security, including tamper-proof mechanism, true random number generator, and
SAN FRANCISCO — Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the $23,000 he invested in several digital tokens is worth about $4,000, and he is clearheaded about what happened. “I got too
A group of cryptocurrency exchanges has joined up with Gemini founders Cameron and Tyler Winklevoss to launch a new industry-focused self-regulatory organization (SRO). First proposed in March, the Virtual Commodity Association aims to “foster financially sound, responsible and innovative virtual commodity markets” by developing industry standards and encouraging cryptocurrency exchanges to prevent market manipulation and
Bitcoin (BTC) is stuck in a narrowing price range and the direction of the next breakout is far from certain. The leading cryptocurrency was expected to rise toward $7,000 over the weekend, having moved past a key technical hurdle on Friday. However, contrary to expectations, BTC failed to absorb supply around $6,600 in the last
Venezuela is doing something completely unprecedented. Some even say illegal. As part of an attempt to stop skyrocketing inflation, the country is issuing a new fiat currency called the “sovereign bolivar,” which will be backed by a cryptocurrency. But that cryptocurrency called the “petro” does not trade, and Venezuela’s own parliament says it’s being illegally
Shutterstock If you look at the latest data, Millennial homebuyers aren’t flocking to the big cities or urban centers like most would assume. They’re heading to the outliers—smaller, more suburban towns where a slightly longer commute means more affordable housing, safer streets and a lower cost of living. In fact, according to the Ellie Mae
A small drop in mortgage interest rates was not enough to make pricey properties more enticing last week. Mortgage application volume fell 2 percent for the week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume was 19 percent lower than the same week one year ago, when interest rates were lower. The drop
Ripple (XRP) has just announced that it has signed three major partnerships for xRapid, its product geared towards financial institutions. These Ripple xRapid partnerships will allow the XRP token to be exchanged to and from another currency efficiently. Announced today: Bittrex is the U.S. preferred digital asset exchange for xRapid transactions using #XRP. https://t.co/jqtYG3OeX4 —
Analysts are optimistic over Nvidia’s growth due to a new product cycle even as a key market falters. Nvidia shares are down 2.7 percent in Friday’s premarket session, a day after it reported better-than-expected fiscal second-quarter earnings Thursday. The company gave sales guidance slightly lower than the Wall Street consensus for the fiscal third quarter
New to crypto trading? Read CoinDesk’s full set of guides. Are you a crypto trader struggling to find a footing in a volatile crypto market? If yes, then the first thing you need to master is the art of identifying support and resistance levels. Imagine bouncing a ball inside your house. There are two barriers
The dog days of August could be volatile this year, as trade and the Fed dominate in the week ahead. Markets will be fixated on the always important annual Fed symposium in Jackson Hole, Wyoming, where Fed Chairman Jerome Powell speaks Friday, and central bankers will hold high level discussions about policy and the economy.
What is your best housing choice? Should you rent or own in retirement? It depends. (Shutterstock) Whether to rent or own in retirement is a big decision that should not be taken lightly. Either option could help or hurt your financial security depending on where you live and your specific retirement needs. When you think
U.S. homebuilders are slowly losing confidence in their business. A monthly index of builder sentiment fell one point to 67 in August, the lowest level since September 2017. Sentiment was unchanged from one year ago, according to the National Association of Home Builders. Anything above 50 is considered positive sentiment, and the index hit a
Goonhilly Earth Station, the UK satellite communications innovator and space gateway, has today announced that it is collaborating with space blockchain technology pioneers, Spacebit, to develop the use of blockchain technology for space-based data applications and mission deployment. Blockchain technology has the potential to introduce new techniques to accelerate space exploration by creating an ecosystem
The yield curve narrowed to its flattest level since before the financial crisis this week. The difference between the 2-year and 10-year yield fell to below 24 basis points on an intraday basis Thursday morning, the flattest level since August 2007, two months before the S&P 500 began a steep descent to crisis lows. But
Bitcoin looks to have fought off a recent bear market breakdown that saw prices landing just above the yearly low of $5,755. Bitcoin dropped to $5,858 yesterday at 02:00 UTC, just $103 shy of this year’s bottom, according to Bitfinex data. The suffering has been even worse for much of the altcoin market, some of
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 9
- Next Page »