Check out the companies making headlines before the bell: Coca-Cola – The beverage giant beat estimates by 2 cents a share, with adjusted quarterly profit of 73 cents per share. Revenue came in above forecasts, as well, and Coca-Cola raised its full-year revenue forecast as demand grows for some of its newer soft drinks and
Month: July 2019
The crypto markets roared back to life at the beginning of 2019 after having a poor year previously, but many concerns remain despite the impressive show in the first half of the year so far. In an interview, the Managing Director of the advisory firm PFYN Advisory, Patrick Franz, spoke broadly about the range of
Cash Pad – Season 1 2019 CNBC Media, LLC. After finding love on national television three years ago, JoJo Fletcher and Jordan Rodgers are returning to the big screen to star in their own home renovation show. Fletcher, 28, and Rodgers, 30, first gained fame as the winning couple from season fourteen of the Bachelorette,
A potential home buyer reviews paperwork during an open house in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images U.S. home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was struggling to regain its footing since hitting a soft
View Bitcoin has violated the support of the trendline connecting the April and May lows, having charted a bearish lower high at $11,100 over the weekend. A bearish volume divergence indicates prices could fall back to the July 17 low of $9,049. Daily chart indicators are also indicating the path of least resistance is to
It’s been a long road for Bitcoin futures platform Bakkt. The platform—developed by NYSE parent company Intercontinental Exchange (NYSE:ICE)—has faced a myriad of launch delays due to regulatory approval. It’s still waiting now, but in the meantime, it has begun testing its Bitcoin futures contracts today. Here’s what we know. Bakkt is Testing Bitcoin Futures
Billionaires Carl Icahn and Warren Buffett. Getty Images (l) | CNBC (r) Activist investor Carl Icahn thinks Occidental Petroleum CEO Vicki Hollub got played by the Oracle of Omaha himself, Warren Buffett, in the company’s effort to buy Anadarko Petroleum. “Buffett figuratively took her to the cleaners,” Icahn said in a letter to shareholders Monday.
Due to mounting regulatory pressures in the United States, the crypto company Circle is moving the majority of its exchange operations offshore. Circle announced Monday it received a full Digital Assets Business Act license in Bermuda for its crypto exchange Poloniex. Circle CEO Jeremy Allaire told CoinDesk that 70 percent of Poloniex users hail from
Check out the companies making headlines before the bell: Equifax – The credit reporting agency will pay up to $700 million to settle various federal and state probes of its 2017 data breach that exposed the personal information of nearly 150 million Americans. Vail Resorts – The resort operator will buy rival Peak Resorts for
Litecoin (LTC) is leading a recovery even as the broader cryptocurrency sector turned bearish in recent trading sessions. A spike past the $100 mark has come on huge trading volume, affirming renewed trader interest in the coin. Litecoin Fresh Gains Bulls have regained control, in recent trading sessions, after bears threatened to push the altcoin below the
A condo deconversion is a real estate transaction in which a savvy investor acquires an entire condo building through a bulk sale to turn into rentals. This investment trend has been seen in Florida and California for a number of years and is picking up steam in other coastal metros and even in the Midwest.
Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, April 19, 2017. Bloomberg | Bloomberg | Getty Images Companies are moving their supply chains out of China instead of waiting for a trade resolution between Washington and Beijing, BlackRock Chairman and CEO Larry Fink
Few trading tools are as simple and as elegant as the “Awesome Oscillator.” First developed by American trader Bill Williams, the aptly named Awesome Oscillator (AO) is a momentum indicator that takes advantage of an immediate trend. The AO plots its data using a histogram, similar to how the MACD histogram functions, in that it delivers
Traders work on the floor of the New York Stock Exchange (NYSE) the morning after Donald Trump won a major upset in the presidential election on November 9, 2016 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines midday: Microsoft — Microsoft rose 1.7% and
The month of July has not been a particularly good one for cryptocurrencies, and if recent reports regarding BitMEX are to be believed, then the upcoming weekend might not be a great one either. Report Details In a sensational report from Bloomberg, it has been revealed that popular crypto exchange BitMEX is apparently being investigated
California developer Richard Lewis purchased the first Beverly West penthouse (‘The Entertainer’) for $21 million. Jim Bartsch for Beverly West Something big has crowned in Los Angeles. Emaar Properties, developer of Burj Khalifa (the world’s tallest building) and The Dubai Mall (the world’s largest shopping and entertainment destination) just unveiled the Penthouse Collection at Beverly
Flood waters cover a neighbourhood street after Tropical Storm Barry passed through in Mandeville, Louisiana on July 14, 2019. SETH HERALD | AFP | Getty Images Hurricane Barry dumped more than 23 in. of rain in places as it stormed up the Mississippi River Valley from Louisiana and Alabama to Arkansas and as far north
CEO of Apple Tim Cook attends China Development Forum 2019 at the Diaoyutai State Guesthouse on March 23, 2019 in Beijing, China. Han Haiden | Visual China Group | Getty Images Here are the biggest calls on Wall Street on Friday: Nomura Instinet raised its price target on Apple to $180 from $175 Nomura raised
Updated (09:35 UTC): Added further details from Bloomberg’s full report. Seychelles-based cryptocurrency exchange BitMEX is reportedly being probed by the U.S. Commodity Futures Trading Commission (CFTC). The news appeared in brief on Bloomberg Terminal soon before press time on Friday. That was soon followed by a report from Bloomberg citing sources who said the regulator is investigating whether
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), January 2, 2019. Drew Angerer | Getty Images Sluggish economic and earnings growth will be a theme in markets in the week ahead, as investors await a Fed interest rate cut at the end of the
Centralized Social Media platforms, like Facebook, Google, and LinkedIn to name a few, have been paramount and prevalent in our lives for nearly 2 decades, so many people are unaware of the technology that is available to us now. The upcoming platforms classed as Market Networks are a sovereign way to develop online communities, giving
Hand drawing Karma Cycle concept with black marker on transparent wipe board. Getty Sometimes you put good money into a good normal stock and still reap negative profits. Perhaps it receives bad press for some unjustified reason. Perhaps a recession hits. Perhaps the CEO resigns unexpectedly. In that regard, I guess that karma doesn’t work
U.S. President Donald Trump tours his ‘Made In America’ product showcase at the White House July 15, 2019 in Washington, DC. Chip Somodevilla | Getty Images President Donald Trump’s allies in the business world and an army of bundlers have been courting executives across the country in an effort to help raise millions of dollars
Tesla Model 3 is being displayed for the press members ahead of 97th Brussels Motor Show at Brussels Expo Center in Brussels, Belgium on January 19, 2019. Dursun Aydemir | Anadolu Agency | Getty Images Tesla got a boost on Friday from one of its biggest Wall Street skeptics, who now sees Elon Musk’s electric
The Jersey arm of Binance has listed the cryptocurrency exchange’s own British pound-backed stablecoin. Binance announced Friday that Binance GBP (BGBP) is being offered on the fiat-to-crypto platform due to trader demand for more stablecoin options. “There has been an overwhelming demand in the market and Binance community for more stablecoin diversification, including a GBP-pegged stablecoin, and listing
Traders work on the floor of the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines in the premarket Friday: American Express — American Express posted better-than-expected results for the previous quarter, driven by higher card member spending, and increasing loans and fees. The company
Bitcoin may have had a superb year up until June, but the month of July, and especially the past week, has proven to be troublesome as the price of the cryptocurrency continued to crash down. The issues with relation to Facebook’s Libra and United States President Donald Trump’s comments about cryptocurrencies like Bitcoin caused a
The view from the rooftop at Ora Apartments, one of a number of multifamily buildings that have been added to the selection of residences in D.C.’s Kalorama Ora There’s a secluded spot in Washington, D.C. where the American business and political elite have crossed paths for generations. It’s a quiet, serene place where you might
Photographer | Collection | Getty Images Mayor of London Sadiq Khan has called for new powers designed to impose rent controls in the U.K.’s capital city. In a report released Friday, Khan said there needed to be a “fundamental overhaul” of the private rented sector in London. The mayor wants caps to be placed on
View Bitcoin’s short-term outlook will remain bearish as long as prices remain below $11,080 resistance. A break above that level would invalidate bearish lower-highs setup. The bulls may have a tough time forcing a break above $11,080 amid news of BitMEX exchange facing a regulatory probe and talks of harsher crypto regulation. Prices could drop
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