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Jeff Bezos Sold $1.8 Billion in Amazon Stock in Last 3 Days of July
Amazon founder Jeff Bezos sold almost 1 million Amazon shares worth $1. 8 billion in the last three days of July 2019. The sales reduced Bezos’ stake in Amazon to about $110 billion. According to an SEC filing, Bezos sold 960,000 Amazon shares for $1,900 a share from July 29 to July 31 in three separate […] The post Jeff Bezos Sold $1. дальше »
2019-8-2 22:30 | |
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Apple Earnings Fall yet the Stock Pops. What Gives?
Chinks are starting to appear in Apple, as quarterly earnings were generally unimpressive. When Apple reports a quarter like this, the stark contrast between the visionary Steve Jobs and game–manager Tim Cook becomes readily apparent. дальше »
2019-7-31 02:30 | |
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Dow Spins Tires While Nasdaq Booms on $25 Billion Stock Boost
The Dow spun its tires on Friday, helplessly advancing a few paltry points even as the Nasdaq surged thanks to a $25 billion helping hand from Google-parent Alphabet. Dow Stuck in Holding Pattern, Tech Stocks Soar Wall Street’s three major indices each rose on Friday, but their rallies were far from lock-step. дальше »
2019-7-27 17:06 | |
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Google (GOOGL) Stock Surges Almost 10 Percent in Q2 2019 Earnings
Coinspeaker Google (GOOGL) Stock Surges Almost 10 Percent in Q2 2019 EarningsGoogle (GOOGL) records almost 10 percent increase in stock for the year’s second quarter. The official report also shows 13 percent increase in Traffic Acquisition Cost, hitting $7. дальше »
2019-7-26 13:24 | |
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Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7.6B Valuation
Coinspeaker Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7. 6B ValuationRobinhood, the stock trading app, has achieved a Series E valuation of $7. 6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital. дальше »
2019-7-23 11:47 | |
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Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber
Netflix reported its first decline in U. S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were expecting an increase of 350,000. The stock tanked by more than 10 percent today. дальше »
2019-7-19 02:40 | |
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Prime Day Blowout Sees Bullish Amazon Stock Aiming to Deliver All-Time Highs
Amazon just concluded its two-day global shopping event – Amazon Prime Day. The annual shopping holiday is exclusive to Amazon Prime members who have the privilege of taking advantage of Prime Day discounts. дальше »
2019-7-18 19:31 | |
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Investors Flee Stocks as S&P 500, Dow Smash Records
The Dow Jones Industrial Average and S&P 500 each set new records this week, barreling past 27,000 and 3,000, respectively, for the first time in the stock market’s history. But as rate-cut fever rampages across Wall Street, the market’s historic rally is increasingly proceeding without one key demographic: investors. дальше »
2019-7-12 20:26 | |
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Dow Roars After Trump Flinches on $300 Billion China Tariff Threat
The US stock market roared back to life on Wednesday, and the Dow shot around 100 points higher as Wall Street prepared to close the book on its best June in more than three-quarters of a century. дальше »
2019-6-26 16:48 | |
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Tesla Suffers Blow After Analyst Warns Demand ‘Likely Not Sustainable’
By CCN Markets: Goldman Sachs analyst David Tamberrino delivered some ugly thoughts about Tesla’s stock, and it relates the sustainability of demand. There is a lot of that going around. Tesla’s annual revenue: 2019: $25. дальше »
2019-6-22 21:45 | |
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Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. дальше »
2019-6-19 13:40 | |
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Dow Creeps Higher but Fearful Wall Street Money Managers Exit Stocks Fast
By CCN Markets: Dow Jones futures rose on Tuesday, but money managers on Wall Street aren’t convinced the stock market rally has longevity. Billion-dollar investors are pulling money out of stocks and piling into cash, according to a survey by Bank of America Merrill Lynch. дальше »
2019-6-18 14:47 | |
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Feeding Frenzy: Chewy Stock Explodes Amid IPO Market Mania
By CCN Markets: Friday’s Chewy IPO was a feeding frenzy of investor enthusiasm for this summer’s latest hot new stock. The IPO is clearly not dead in 2019, despite the brutal debuts of Lyft and Uber, which were all bark and no bite. дальше »
2019-6-15 22:55 | |
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Cattle Prod This Unicorn: Beyond Meat’s Stock Will Kill Your Portfolio
By CCN: In yet another example of the ongoing irrational exuberance in the stock market, Beyond Meat soared 15% in after-hours trading to $115 after its first post-IPO earnings report. Or rather, its first post-IPO loss report. дальше »
2019-6-7 04:30 | |
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$100 Billion Softbank Fund Flops After CEO Exposes Monster Bitcoin Loss
By CCN: Just months ago, Japanese tech behemoth Softbank was on top of the world, and CEO Masayoshi Son added $5 billion to his net worth following a well-timed stock buyback program. But fortunes have turned for Softbank and Mr. дальше »
2019-6-4 18:09 | |
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Morgan Stanley Fears Trade War Recession in 2020 as Stock Market Burns
By CCN: Morgan Stanley’s chief economist expects a global recession in three quarters if the trade war escalates, CNBC reported Sunday. In May Donald Trump hiked tariffs on Chinese imports from 10% to 25%. дальше »
2019-6-3 10:56 | |
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Elon Musk Debunks Viral Report That He Is Wildly Overpaid as Tesla CEO
By CCN: Last week, we learned that Elon Musk was the highest-paid CEO in America in 2018. And it wasn’t even close. Musk scored a jaw-dropping $2. 3 billion in compensation, outstripping the next 65 corporate executives combined. дальше »
2019-6-2 09:40 | |
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Buy Failing Deutsche Bank With Bitcoin, Suggests Fund Manager
Frankfurt-based multinational investment bank Deutsche Bank has seen its stock price decline over the past five years with no signs of revival. Popular cryptocurrency fund manager Anthony Pompliano says that it would be interesting if people put their bitcoin together and bought it out. дальше »
2019-6-1 01:00 | |
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Elon Musk’s SpaceX, With a $33.3B Valuation, Is About to Eclipse Tesla
By CCN: As markets close Friday, Elon Musk’s aerospace venture SpaceX is poised to eclipse his car company Tesla in market value for the first time. Tesla’s stock is trading down 1. 5% at press time with a $33. дальше »
2019-6-1 22:45 | |
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This Uber Scam Adds Insult to Injury for Investors After $1 Billion Loss
By CCN: As expected, Uber’s earning report delivered a quarterly loss of $1 billion. Management must be working out how to dupe drivers into generating more revenue for the ridesharing play as traders pile on to short the stock. дальше »
2019-5-31 03:15 | |
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50% Stock Surge Will Launch Amazon to a $1.3 Trillion Valuation: Analyst
By CCN: Billionaire Jeff Bezos should buckle up because Amazon stock will surge 50% over the next year to top $2,750 a share. That’s the bold prediction of Michael Levine, a senior analyst with New York equity-research firm Pivotal Research Group. дальше »
2019-5-30 00:03 | |
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Time’s Running Out to Bet Against Billion-Dollar Loser Uber’s Stock
By CCN: The first earnings report for Uber stock is about to be released, and UBER is expected to have lost over a billion dollars in Q1. This loss comes despite an expected 20 percent revenue increase to $3. дальше »
2019-5-29 12:25 | |
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Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report
By CCN: As U. S. -China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter. дальше »
2019-5-28 03:30 | |
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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report
By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. дальше »
2019-5-25 05:00 | |
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Buffett’s Amazon Stock Hoard Will Be Worth $1.4 Billion in 24 Months
By CCN: In a shockingly-bullish call, Piper Jaffray predicts that Amazon stock will surge to $3,000 in as little as two years. That means Warren Buffett and Berkshire Hathaway’s recent $900 million AMZN acquisition could be worth $1. дальше »
2019-5-25 18:42 | |
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Billionaire’s Tesla Gamble Cost Him $420 Million in 6 Months
By CCN: Elon Musk isn’t the only tech billionaire with a gaping Tesla-shaped dent in his net worth this year. As Tesla’s stock price crashes and burns, Oracle founder Larry Ellison is deep in the red with his massive stake in the company. дальше »
2019-5-24 00:33 | |
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Billionaire Crypto Bull Thiel’s Block.one Seed Shares Reap Staggering 6,500% Profit
By CCN: Block. one is returning jaw-dropping profits to its earliest investors like Peter Thiel. It’s a stock buyback of epic speed and proportions. In only three years the blockchain startup is buying back shares sold in a seed round of funding in 2017. дальше »
2019-5-22 11:42 | |
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Elon Musk Had to Snub Apple’s Buyout Bid Even if Tesla Is in Code Red
By CCN: When Tesla’s stock crashed below $200 this week after the company tumbled into a “code red,” many on Wall Street wondered if Elon Musk should’ve accepted Apple’s $240-a-share buyout offer from 2013. дальше »
2019-5-22 00:45 | |
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Ford Stock Struggles After US Auto Giant Reveals Aggressive Downsizing Plan
By CCN: Ford is in the throes of an $11 billion restructuring, which will cost 7,000 white-collar workers their jobs this year. The US auto giant believes the “smart redesign” will save billions, but the Dearborn-based company’s stock continues to struggle. дальше »
2019-5-21 20:59 | |
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Tesla Stock Crumbles to 30-Month Low as Elon Musk Turns Desperate
By CCN: Tesla stock flew higher when Elon Musk had announced that the electric vehicle maker will raise more than $2 billion in capital through stock offerings to finance ambitious initiatives such as robotaxis, but he is now singing a different tune. дальше »
2019-5-21 17:10 | |
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Terrified Central Bank Attempts to Arrest Myanmar’s Bitcoin Binge
By CCN: An emerging economy which expects to attract $5. 8 billion worth of Foreign Direct Investments is belittling its goals with an anti-technology stance. Myanmar is the latest developing country that is hinting to shut doors in the face of bitcoin, a decade-old global cryptocurrency which proposes to replace banks with a decentralized network of transaction validators and bookkeepers. дальше »
2019-5-20 12:10 | |
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Crumbling Dow Terrifies Wall Street, But China’s Yuan Suffers Collateral Damage
By CCN: The Dow and broader U. S. stock market crashed on Monday after China announced retaliatory tariffs on another $60 billion worth of American-made goods, escalating a brutal trade war that has taken the global financial system by storm. дальше »
2019-5-14 23:05 | |
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Elon Musk is Wrong! Uber CEO Bites Back at Tesla CEO’s Robotaxi Boast
By CCN: Robotaxis will one day litter our streets and highways, but not as soon as Tesla CEO Elon Musk boasts. Uber CEO Dara Khosrowshahi levied this critique ahead of the $70 billion rideshare giant’s disappointing IPO, which saw its stock plunge nearly 8% despite debuting at a surprisingly conservative $45. дальше »
2019-5-13 00:00 | |
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Wall Street Recovers at the Last Minute, Despite the Negative Outlook of the Commercial War
Stocks of the New York Stock Exchange fell half a day after the United States and China failed to reach a trade agreement and imposed a new wave of tariff increases to Chinese products imported for more than 200 billion dollars. дальше »
2019-5-11 03:09 | |
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Uber IPO Ignites $70 Billion Rideshare Stock’s Ticking Time Bomb
By CCN: Uber stock slumped toward a disappointing 7. 62% loss following its blockbuster IPO on Friday, and the rideshare giant must now wrestle with an uncomfortable time bomb that has already started ticking. дальше »
2019-5-11 01:27 | |
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Dow Reverses Brutal Loss as Tame Inflation Keeps Fed Hawks at Bay
By CCN: The Dow and broader U. S. stock market were under pressure Friday morning after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing. дальше »
2019-5-11 23:05 | |
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Dow Swings 550 Points – Here’s What Triggered the Astonishing Recovery
By CCN: Minutes after opening, the Dow Jones plummeted by around 1. 17 percent as U. S. President Donald Trump announced additional tariffs at 25 percent on $200 billion worth of Chinese goods, leading to a global stock market sell-off. дальше »
2019-5-11 22:57 | |
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Bitcoin Price Continues To Soar As Cryptocurrency Market Approached $190 Billion
After a slight break the past two days, Bitcoin’s price is back at it again this time breaking through the $6000 resistance and currently trading at $6042 on Bitstamp. What’s surprising about today’s bullish momentum is Bitcoin’s decoupling from the movements of the stock market. дальше »
2019-5-9 07:26 | |
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Bitcoin Price Continues To Soar As Cryptocurrency Market Approaches $190 Billion
After a slight break the past two days, Bitcoin’s price is back at it again this time breaking through the $6000 resistance and currently trading at $6042 on Bitstamp. What’s surprising about today’s bullish momentum is Bitcoin’s decoupling from the movements of the stock market. дальше »
2019-5-9 07:26 | |
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Lyft Conceals Key Data to ‘Avoid Investor Confusion’ as Stock Withers
By CCN: Lyft’s first earnings report was downright ugly, and not just because the company lost $1 billion in a single quarter. Investors expected a less-than-stellar balance sheet, but it was the backhanded slap in the face a company executive delivered to investors that leaves questions about the rideshare darling’s transparency. дальше »
2019-5-9 01:10 | |
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Warren Buffett Laughs Off Trump-Induced Dow Plunge
By CCN: The Dow Jones plummeted from 26,502 points to 26,160 points within minutes after the opening bell as investors expressed shock at the decision of U. S. President Donald Trump to raise tariffs to 25 percent on $200 billion worth of Chinese goods. дальше »
2019-5-7 20:46 | |
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Trump Grenade Triggers Massive Stocks Sell; Bitcoin Price Slumps to $5,600
By CCN. com: In the last 24 hours, following a strong week, the bitcoin price slipped by around $157, dropping by nearly two percent against the U. S. dollar amidst an insense stocks sell-off. The Dow Jones is set to open with a 500-point drop after U. дальше »
2019-5-6 17:24 | |
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Tesla Issues Veiled Threat to Staff: Keep Quiet or Face Elon Musk’s Wrath
By CCN: Billionaire Elon Musk is in the middle of raising $2. 7 billion in fresh capital from the market through a series of stock offerings. So now would be a very bad time for someone at the company to pop out of Tesla and say something that’s not to Musk’s liking. дальше »
2019-5-5 22:00 | |
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Elon Musk: Tesla Con Man Betrays Lack of Faith in Cratering Company
By CCN: The frustrating thing about con artists is that they just keep fleecing suckers until the liquidity dries up. In the case of Elon Musk and Tesla, it appears that there is still an ocean of suckers out there. дальше »
2019-5-4 17:15 | |
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Delusional Elon Musk Predicts Tesla Stock Will Race to $2,900
By CCN: Elon Musk is well-known for making tall claims to drive Tesla stock higher. From promising full self-driving cars in just over a year to deploying millions of robotaxis, Musk has been in overdrive mode to save his company’s stock price from crashing after a horrifying quarterly report. дальше »
2019-5-3 18:48 | |
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