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Tag: trading


Finance Tech, Trading

Bitcoin Startup Predicts Cryptocurrency Market Will Grow As Much As $100 Billion in 2018

December 11, 2017

Via: Fortune

With a wave of institutional investors expected to enter the Bitcoin game in coming months, safely storing cryptocurrency is becoming a top priority. BitGo, a virtual wallet provider based in Palo Alto, Calif., said Monday it raised $42.5 million in […]


Finance Tech, News, Trading

Global shares down as US economy takes center stage

December 6, 2017

Via: ABC News

Global stock markets mostly fell Wednesday following the latest retreat on Wall Street and as investors awaited a run of U.S. economic data culminating at the end of the week with the latest nonfarm payrolls report. KEEPING SCORE: In Europe, […]


Finance Tech, Industries, Retail & Wholesale, Trading

Amazon’s amazing run is headed for trouble, technical strategist says

December 4, 2017

Via: CNBC

Shares of Amazon have been under pressure, and the charts are pointing to more downside, according to one technical strategist. The stock posted its first negative week after five-straight weeks of gains, its longest winning streak since March. Despite the […]


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

Via: CNBC

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 […]


Finance Tech, Trading

Earnings Results: Salesforce earnings top Street estimates but shares back off record

November 22, 2017

Via: Market Watch

Salesforce.com Inc. shares slipped Friday, after the customer-relationship management software company topped Wall Street estimates for the latest quarter, but provided a fourth-quarter outlook that missed consensus estimates for earnings while topping those for revenue. Salesforce CRM, -1.91% shares were […]


Finance Tech, Industries, Retail & Wholesale, Trading

The stocks Amazon is killing are showing signs of life ahead of holidays

November 22, 2017

Via: CNBC

The retailers that are being crushed by Amazon have rallied in the past two weeks ahead of the holiday shopping period, but if history is a guide, they could underperform again after Thanksgiving. Bespoke Investment Group’s “Death by Amazon” index […]


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

Via: CNBC

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

Buyer beware, the Cisco rally could be nothing more than a short squeeze, strategist says

November 17, 2017

Via: CNBC

It may not be a comeback. Cisco shares surged to 16-year highs this week, as the ’90s tech darling posted better-than-expected earnings, but one strategist warns the rally is nothing more than a short squeeze. According to Larry McDonald, founder […]