Bitcoin’s (BTC) price is consolidating in a narrow range at press time and could regain bullish momentum above $8,350, technical charts indicate. The leading cryptocurrency moved back above $8,000 on Friday as expected and was seen rising to recent highs above $8,500 over the weekend. However, BTC has traded in a sideways manner in the last
admin
It is a rough day for growth-technology investors. The so-called FANG stocks are falling Monday after disappointing quarterly results from two of the top companies in the sector. Shares of Facebook, Amazon, Netflix and Alphabet are all in the red to start the trading week. Facebook and Netflix were off by 4 percent. Amazon and
Bloomberg /file 2012 Disney is among the stocks worth watching because of its ties to soccer’s World Cup. MADRID (MarketWatch) — Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC , as well as Layne Christensen Co. Medtronic MDT, +0.44% announced a deal on
The Mountain’s billion dollar views stretch from downtown L.A. to Catalina Island.Beth Coller Listed for $1 billion, The Mountain in Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, Buffett and Bloomberg. If you’re super
4:00 AM ET Fri, 27 July 2018 It used to belong to Mel Gibson and looks like it belongs in the middle ages. The “Braveheart” actor lived in this massive Connecticut mansion on 75 acres, but now it’s back on the market. Reporter Robert Frank takes you inside the unique property to see what $20
Cloud-based software company LogMeIn fell more than 24 percent during late-morning trading due to weak outlook for the third quarter. The Boston-based company reported earnings per share of $1.32 versus Wall Street expectations of $1.25, according to FactSet. However, it lowered its revenue expectations for the fiscal year by 2 percent. LogMeIn now expects its
Winklevoss Twins Get Second Rejection: Where the Cryptomarket is concerned, talk about establishing an ETF is a big deal right now. Only on Wednesday, BitWise applied to the SEC to establish an ETF and bull’s and bears across the spectrum have weighed in on the necessity of an ETF for the digital coins. However today,
If any coin is going to fly under the radar, it makes sense for a privacy coin to do so. Spectre (not be confused with a separate project called SPECTRE), created two crypto tokens – the aptly named spectre token and the xspec token – in 2016, but hasn’t received much notice from the crypto community
High-yield funds with rate hedges increase risk at worst possible time. (Photo by: MyLoupe/UIG via Getty Images) Often, simpler is better in finance and that definitely applies in the case of “hedged” high-yield funds. These funds own high-yield bonds with interest rate hedges. The three that I know of are HYGH (Blackrock) HYZD (WisdomTree) and
A Toyota Mirai model car is prepared ahead of the start of the Geneva International Motor Show 2018 on March 5, 2018 in Geneva. This year’s Geneva Motor Show comes at a curious time for an auto world enjoying record profits yet also gripped by doubt midway through the grand transition from diesel to electric
The Securities and Exchange Commission rejected a proposal by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, for the first-ever cryptocurrency ETF. Last year, the SEC disapproved an application for the “Winklevoss Bitcoin Trust” but in June the group submitted a proposed rule change. Among other arguments, the agency said in a release Thursday
Tech bellwether Apple leads the earnings parade in the week ahead, as market focus also shifts to the Fed’s mid-week meeting and Friday’s jobs report. About a quarter of S&P 500 companies report in what will be the last big week for second-quarter earnings. Earnings are up about 22.6 percent over last year and are
The entrance to Dubai Mall’s VR Park which opened in March 2018.Brennan Cusack Dubai’s new theme park offers experiences from desert safaris to skydiving, bank heists to lessons in surviving the apocalypse all within a 26,000 square foot space in Dubai Mall. Welcome to VR Park. For $40, visitors can get unlimited access to 18
It is the most visible, most effective and most mundane marketing tool in all of real estate. The “for sale” sign. And it hasn’t changed in more than a century, until now. Compass brokerage, a new kid on the real estate block, is ready to disrupt the sign with a new, high-tech, interactive, “smart” model
Expedia Group shares jumped on Friday after the travel website operator reported a quarterly profit well above estimates. The company reported a second-quarter profit of $1.38 per share on Thursday, beating the 89 cent consensus estimate by Thomson Reuters. Revenue for the second quarter, meanwhile, fell in line with analysts’ expectations at $2.88 billion. Shares
Formerly known as Moneybookers, the popular online payment operator Skrill has just announced big news in the crypto space. Skrill adds coins, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). We know lots of people want to experiment with #cryptocurrency trading but don’t know where to start, so we made the entire
July 26 might be forever remembered as one of the darkest days in Facebook’s history – or, at the very least, for its shareholders. An otherwise unassuming Thursday, the day saw the social media giant lose more than $120 billion in market value, the biggest loss in one day for any U.S. traded company. According
Shutterstock It’s fashionable to sneer at the conventional wisdom. Didn’t it tell us that the Iraq War would be a breeze? That Donald Trump would never be elected president? And in the financial realm, that damage from the unwinding of the housing craze in 2007 could be “contained”? Financial advisors tend to be custodians of
The stock market moved higher early in the week, as the better-than-expected earnings from Alphabet (GOOGL) helped fuel a 0.48% gain in the S&P 500 on Tuesday. The market was hit by selling pressure late in the week, however, as the plunge in Facebook (FB) added to the investor nervousness ahead of Friday’s GDP report.
Bitcoin’s price has climbed back above $8,000 for the first time in two months, data shows. According to CoinDesk’s Bitcoin Price Index, the price of the world’s largest cryptocurrency by market capitalization has jumped by $200 in two hours on Wednesday and is changing hands at $8,015 as of press time, a level not seen
All year, two groups felt kind of bulletproof: FAANG names because the growth was so amazing, and small caps (Russell 2000) because the economy was so strong and they would do well even if there was a tariff war. But something’s happened this week. Everything has gone a bit topsy-turvey: (Week to date) S&P 500
The U.S. and China just can’t seem to bridge their differences on trade, even as the world’s largest economy’s discussions with Europe and its North American neighbors appear to be making progress. This week, President Donald Trump stood side by side with European Commission President Jean-Claude Juncker to announce talks and a truce on tariffs.
Financing a home is one of the most critical factors for buyers looking to purchase real estate. In fact, for the individuals with bad credit, financing can be a big issue. However, bad credit does not have to prevent you from purchasing real estate. Mortgage Note #1 – Seller or Owner Financing In 2017, there
The latest way to live large on vacation is to think small. The tiny-house trend has spawned hotels that let guests experience what it’s like to live in fully contained homes that can measure less than 200 square feet. “People are just curious because they’ve heard so much about tiny houses,” says John Weisbarth of
Shares of First Solar plunged on Friday after the seller of solar power systems reported a surprise loss for the second quarter as revenues badly missed expectations. The stock price fell by about $5 per share, or more than 9 percent, dropping below $49. First Solar posted a loss of 46 cents a share for
In today’s edition of Crypto Daily News, we’ll cover the crypto market taking a hit after an SEC ruling, and the CEM announcing that altcoin futures aren’t going to be released anytime soon. Crypto Daily News: July 27th, 2018 Crypto Market in the Red Source: CoinMarketCap Yesterday, CNBC reported big news that caused the entire
Cryptocurrency investment firm Pantera Capital reported a more than 10,000 percent lifetime return on Friday, coming five years after its formation. In an email, co-chief investment officers Dan Morehead (who is also CEO) and Joey Krug shared the figure as they celebrated the fund’s fifth anniversary. Perhaps unsurprisingly, they’re still bullish about bitcoin, particularly in
Bitcoin has had quite the year. It hasn’t all been good, with the digital currency dropping below the $6,000 price mark at the end of June. But recently Bitcoin has redeemed itself, witnessing strong gains over the last week. So that brings up the question of whether there are catalysts driving Bitcoin higher. If not
By Paunie Samreth and Reshmi Basu American Media Inc (AMI) executives have found themselves under a public microscope for their handling of sensitive information in 2016 about then-presidential candidate Donald Trump. CEO David Pecker – “our friend David” in Trump fixer Michael Cohen’s recorded parlance – is fending off criticism for burying a story about Trump’s extramarital
I mean exactly what the headline says. Value is fine. It always was. It is. It always will be. The reason why you might think otherwise is because Value is often assumed to mean low P/E, low Price/Sales, low Price/book, etc. That’s not necessarily so. I present here, a screen that finds value stocks that