Tag: market

Finance Tech, News, Trading

We talked to an economist who predicted the Great Recession about the next financial crisis

December 1, 2017

Via: Business Insider

Jim Rickards, the author of “Currency Wars,” “The Death of Money,” and “The New Case for Gold,” and most recently “The Road to Ruin,” is no stranger to financial meltdowns. As general counsel for the hedge fund Long-Term Capital Management […]

Finance Tech, Trading

Global stocks weighed down by US tax uncertainty

December 1, 2017

Via: ABC News

Global stocks fell Friday as investors awaited U.S. Senate developments over a big tax reform package. Oil prices surged, meanwhile, after the OPEC oil cartel extended productions cuts. KEEPING SCORE: In Europe, Germany’s DAX was down 0.9 percent at 12,906 […]

Finance Tech, Industries, Retail & Wholesale, Trading

Amazon shares to pop another 20% thanks to ‘rapid’ innovation: Goldman Sachs

November 28, 2017


Amazon shares will soar in the next year thanks to its rapid pace of innovation and increased price flexibility, according to Goldman Sachs. Goldman expects big things from the e-commerce giant at its annual re:Invent conference this week, where analyst […]

Industries, Retail & Wholesale

Goldman downgrades Wal-Mart on valuation after stunning stock rally this year

November 20, 2017


Most of the upside for Wal-Mart’s stock is now behind it after its big run this year, according to Goldman Sachs. The firm on Monday lowered its rating for Wal-Mart shares to neutral from buy, citing valuation. In a note […]

Finance Tech, Liquidity, Trading

Bitcoin adds $41 billion to market cap in 6 days as it hits all-time high of $7,998

November 17, 2017


Bitcoin hit a new record high Friday, coming within touching distance of the $8,000 handle. The cryptocurrency was trading at $7,998.40 in the early hours, U.K. time, according to industry website CoinDesk. Bitcoin did pare some of those gains, however, […]

Finance Tech, Trading

History suggests GE’s massive dividend cut may not be so bad for the stock in the long term

November 14, 2017


GE shares broke below $18 for the first time since December 2011 on Tuesday, as the stock’s electric slide continued for the second-straight session. The ailing behemoth saw its shares slide as much as 7 percent on Monday, for its […]

Finance Tech, Industries, Retail & Wholesale, Trading

Morgan Stanley: Amazon could be $1 trillion company within a year

November 13, 2017


Amazon may reach the $1 trillion market value milestone in the next year, according to a top Wall Street firm. Morgan Stanley reiterated its overweight rating for Amazon shares, presenting a “bull case” 12-month price target of $2,000 per share […]

Industries, Others

The Yin and Yang of Budgets: Why a Balance of Flexibility and Inflexibility is Vital to Your Business

November 10, 2017

Via: Aberdeen Essentials

When selecting a business solution, whether it’s for managing inventory, supply chains or customer relationships, you’ll hear the buzzword “flexibility” thrown around quite a bit as a main value proposition. While I absolutely agree that flexibility is key, when it […]

Finance Tech, Trading

Burberry shares plummet as overhaul plans fall flat

November 9, 2017

Via: CNN

Shares in Burberry dropped over 12% in London on Thursday after the company said that a costly strategy shift would prevent sales from growing until 2021. The British fashion label said it plans to shift further upmarket, and stop selling […]

Finance Tech, Trading

CME’s planned bitcoin futures will attempt to rein in big price swings

November 8, 2017


The world’s largest futures exchange wants to guard against extreme volatility in its planned bitcoin futures product. CME will implement special price fluctuation limits at 7 percent and 13 percent above or below the prior settlement price, and prevent trading […]