Bitcoin News: Another Hack Proves the Value of G-BiT X A computing error at a Japanese cryptocurrency exchange Zaif has allowed some customers to claim digital tokens for $0. This raises further questions about security at crypto exchanges. The glitch happened with Zaif’s price calculation system and allowed seven customers to obtain digital money for […]
FINZCOIN Launches in India will Trade on G-BiT X Why FINZ Traditional payment solutions like bank transfers and payments with banking cards have significant drawbacks: high commission rates up to 7%, time-consuming money transfer to the bank account. More over, they are centralized. It creates threats of blockings and defaults. FINZsolves all these problems! Financial […]
NYSE Bitcoin Index closed up 170.489 at 13,906.778. Volume was -0% below average (neutral) and Bollinger Bands were 35% wider than normal. Open High Low Close Volume___ 13,906.77813,906.77813,906.77813,906.778 0 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 14,306.55 12,329.30 5,481.24 Volatility: 122 166 122 Volume: 0 […]
Establishment Wants You to Fear CryptoCurrencies Warren Buffett and Charlie Munger have joined the chorus of other “Establishment” investors who have publically doubted the bright future of cryptocurrencies. BlackRock CEO Larry Fink said: “Bitcoin just shows you how much demand for money laundering there is in the world.” JPMorgan Chase CEO Jamie Dimon saaid: “It […]
COSCO Shipping Interntnl(SNGPRE)Co Ltd (SGX:F83) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.51. The projected lower bound is: 0.36. The projected closing price is: 0.43. COSCO Shipping International […]
Genting Singapore PLC (SGX:G13) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 1.39. The projected lower bound is: 1.28. The projected closing price is: 1.33. Genting Singapore PLC is […]
GSS Energy Ltd (SGX:41F) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.18. The projected lower bound is: 0.16. The projected closing price is: 0.17. GSS Energy Limited is a Singapore-based investment holding company. The Company operates through three […]
Bank of America Corp (NYSE:BAC) Cryptocurrency Exchange Platform? During the first week of December, the second largest bank in the U.S., Bank of America (BOA), was awarded a cryptocurrency exchange patent. The BOA cryptocurrency trading platform’s concept summary outlines three types of accounts where users and businesses can swap digital assets instantly. On December 5 […]
Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Alibaba Group Holding Ltd.’s video streaming service, Youku Tudou, has signed content licensing deals with NBCUniversal and Sony Pictures Television, marking a deeper foray into entertainment for the Chinese e-commerce giant. The multiyear agreements gives Youku subscribers access to hundreds of films from the studios, the service said […]
Ford Motor Company (NYSE:F) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 12.14. The projected upper bound is: 12.98. The projected lower bound is: 12.30. The projected closing price is: 12.64. Ford Motor Company […]
Singapore Technologies Engineering Ltd (SGX:S63) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 3.30. The projected lower bound is: 3.13. The projected closing price is: 3.22. Singapore Technologies Engineering Ltd is an investment holding company. The Company is engaged […]
United Overseas Bank Ltd (SGX:U11) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 24.85. The projected upper bound is: 27.54. The projected lower bound […]
Singapore Telecommunications Limited (SGX:Z74) HEFFX Highlights Singtel Singapore’s largest mobile telecommunications company Singtel has announced attaining 1.1Gbps speeds on its 4G LTE network during a trial of licensed-assisted access (LAA) technology with Ericsson. The test, which took place in Singtel’s lab, utilised 4×4 Multiple-Input Multiple-Output (4×4 MIMO) and 256 Quadrature Amplitude Moderation (256 QAM) technology, […]
NVIDIA Corporation (NASDAQ:NVDA) “Most Powerful GPU Ever Created” Nvidia is stepping up its game in the artificial intelligence market with its new Titan V GPU, which the company said is the “most powerful PC GPU ever created.” Nvidia’s Titan V starts at a hefty US$2999 and is targeted at scientists and researchers who can use […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 11.50. The projected upper bound is: 11.03. The projected lower bound […]
Micron Technology, Inc. (NASDAQ:MU) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 45.18. The projected lower bound is: 38.61. The projected closing price is: 41.90. Micron Technology, Inc. is engaged in semiconductor systems. The Company’s portfolio of memory technologies, […]
Intel Corporation (NASDAQ:INTC) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 45.28. The projected lower bound is: 41.55. The projected closing price is: 43.42. Intel Corporation is engaged in designing and manufacturing products and technologies, such as the cloud. […]
Comfortdelgro Corporation Ltd (SGX:C52) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 2.10. The projected upper bound is: 2.12. The projected lower bound is: 1.91. The projected closing price is: 2.02. ComfortDelGro Corporation Limited […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.58. The projected lower bound is: 1.42. The projected closing price is: 1.50. Yangzijiang Shipbuilding (Holdings) Ltd. is a China-based investment holding company. The Company is […]
Tesla Inc (NASDAQ:TSLA) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 349.54. The projected lower bound is: 307.79. The projected closing price is: 328.67. Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and […]
Facebook Inc (NASDAQ:FB) HEFFX Highlights One of Facebook’s earliest executives has said the social network is “destroying how society works” and that he feels “tremendous guilt” about his work. Chamath Palihapitiya, who joined Facebook in 2007, accused it of “programming” its users and said he no longer uses the website or allows his children to […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple has confirmed it’s reached a deal to buy Shazam, the UK-based app that lets people use the microphone on their mobile to identify songs. No price has been given for the acquisition, but technology news website TechCrunch reported on Friday that a deal could be worth as much as […]
Rowsley Limited (SGX:A50) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.12. The projected upper bound is: 0.12. The projected lower bound is: 0.10. […]
Oversea-Chinese Banking Corp. Limited (SGX:O39) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 11.76. The projected upper bound is: 12.91. The projected lower bound […]
DBS Group Holdings Ltd (SGX:D05) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 26.00. The projected lower bound is: 24.33. The projected closing price is: 25.17. DBS Group Holdings […]
Singapore Telecommunications Limited (SGX:Z74) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 3.75. The projected upper bound is: 3.84. The projected lower bound is: 3.73. The projected closing price is: 3.78. Singapore Telecommunications Limited […]
StarHub Ltd. (SGX:CC3) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 2.76. The projected upper bound is: 3.01. The projected lower bound is: 2.85. […]
Keppel Corporation Limited (SGX:BN4) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 7.99. The projected lower bound is: 7.36. The projected closing price is: 7.67. Keppel Corporation Limited is an investment holding and management company. The Company, through its […]
Facebook Inc (NASDAQ:FB) Launching Messenger For Kids FACEBOOK is coming for your kids. The social media giant is launching a messaging app for children to chat with their parents and with friends approved by their parents. The free app is aimed at kids under 13, who can’t yet have their own accounts under Facebook’s rules, […]
Tesla Inc (NASDAQ:TSLA) Defeats Car Dealership In Missouri Court Earlier this year, Tesla was forced to temporarily close its stores in Missouri after the Missouri Automobile Dealers Association (MADA), a trade group representing car dealers in the state, tried to have Tesla’s dealer license revoked. A three-judge panel of the Missouri Court of Appeals ruled in favor of […]
Apple Inc. (NASDAQ:AAPL) Apple Accused Of Discrimination Apple has been accused of discriminating against small businesses with a heavy-handed attempt to crack down on App Store spam. US Congressman Ted Lieu has written to Apple to complain about a recent change in App Store rules which prohibits apps from being developed using ready-made templates. Although […]
Golden Agri-Resources Ltd (SGX:E5H) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 0.39. The projected lower bound is: 0.35. The projected closing price is: 0.37. Golden Agri-Resources Ltd is a palm oil plantation company. The Company is engaged […]
Wilmar International Limited (SGX:F34) HEFFX Highlights Wilmar International Limited has partnered with ING to convert a portion of its existing bilateral, committed Revolving Credit Facility of US$150 million with the bank into a sustainability performance-linked loan. Wilmar says it is the first company in Asia and the palm oil industry to take a loan with […]
Comfortdelgro Corporation Ltd (SGX:C52) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.09. The projected lower bound is: 1.91. The projected closing price is: 2.00. ComfortDelGro Corporation Limited is a Singapore-based investment holding company. The Company provides management […]
Tuan Sing Holdings Limited (SGX:T24) HEFFX Highlights Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 0.49. The projected lower bound is: 0.43. The projected closing price is: 0.46. Tuan Sing Holdings Limited is a Singapore-based investment holding company, which is engaged […]
Rowsley Limited (SGX:A50) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.13. The projected lower bound is: 0.11. The projected closing price is: 0.12. Rowsley Ltd. is a […]
Yangzijiang Shipbuilding Holdings Ltd (SGX:BS6) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.55. The projected upper bound is: 1.61. The projected lower bound is: 1.46. The projected closing price is: 1.53. Yangzijiang […]
Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook is threatening to lock users out of their accounts unless they upload a ‘clear’ photo of their face. The new identity verification system is the social network’s latest attempt to curb the spread of artificially intelligent “bots” – software applications that run automated tasks over the internet. Facebook is […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights APPLE users have noticed a troubling flaw in the company’s Mac operating system which lets people circumnavigate password protocols to gain access to the computer. Raising alarming privacy concerns, it means anyone with physical access to your MacBook or iMac can create a phantom profile that won’t show up […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Analyst jokes Musk will make it to Mars with SpaceX before Tesla is profitable One of the largest German banks, Nord/LB initiated coverage of Tesla not only with a sell rating, but with jabs at CEO Elon Musk. “You have to ask yourself what will happen first: that Elon Musk […]
StarHub Ltd. (SGX:CC3) HEFFX Highlights Telco StarHub and telecomms firm Nokia will co-develop and launch commercial Internet of Things (IoT) applications and services here. The companies will devise applications for connected living, vehicles and buildings with an eye to offering commercial services to customers in the first quarter of next year. Smart parking, environmental sensors […]
SembCorp Industries Limited (SGX:U96) HEFFX Highlights Over the last 12 months, marine engineering and utilities conglomerate Sembcorp Industries Limited (SGX: U96) has seen its stock price gain 12% to S$3.06 currently. Given the respectable run-up, investors may be wondering: Is there more room left to run for Sembcorp Industries’ stock? There is no easy answer, […]
Thai Beverage Public Company Limited (SGX:Y92) HEFFX Highlights THAI Beverage reported net profit of 34.7 billion baht (S$1.4 billion) for the 12 months ended Sept 30, a 38.5 per cent jump from the same period last year. This came on the back of higher profits for spirits and food, as well as contributions from stakes […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights One of Europe’s leading energy consultancies has estimated that Tesla’s electric haulage truck will require the same energy as up to 4,000 homes to recharge, calculations that raise questions over the project’s viability. The US electric carmaker unveiled a battery-powered lorry earlier this month, promising haulage drivers they could add […]
Twitter Inc (NYSE:TWTR) Apologizes to New York Times The company was criticized after it froze the account of actress Rose McGowan in October, when she included a phone number in one of her tweets about misconduct by movie producer Harvey Weinstein. Then, after verifying a white supremacist this month, the company paused the entire verification […]
Bank of America Corp (NYSE:BAC) HEFFX Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 27.42. The projected lower bound is: 25.85. The projected closing price is: 26.63. Bank of America Corporation is a bank holding company and a financial holding […]
Facebook Inc (NASDAQ:FB) Suicide Prevention Software Facebook wants to start monitoring your social media feed for signs of suicidal thoughts. It’s been testing the software in the US for the past nine months, but has announced today it will now be rolled out more broadly. Let’s take a closer look at the program and why […]
Singapore Telecommunications Limited (SGX:Z74) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3.75. The projected lower bound is: 3.63. The projected closing price is: 3.69. Singapore Telecommunications Limited is a communications company. The Company is engaged in the […]
CapitaLand Limited (SGX:C31) Going Cashless In China Capitaland has struck an alliance with China UnionPay to enable cashless payment in China through the former’s cardless rewards programme, CapitaStar, at the IE Singapore – CapitaLand Tech & Innovation Summit in Beijing on Friday. CapitaLand also sealed technology collaborations with leading Chinese players, which include launching a […]
Oversea-Chinese Banking Corp. Limited (SGX:O39) HEFFX Highlights OCBC acquires National Australian Bank’s private wealth business in Hong Kong The move seeks to boost the bank’s mortgage and deposit books. OCBC Wing Hang Bank Limited, a wholly-owned subsidiary of OCBC, has completed the acquisition of National Australia Bank’s (NAB) Private Wealth business in Hong Kong on […]
Singapore Press Holdings Limited (SGX:T39) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.81. The projected lower bound is: 2.65. The projected closing price is: 2.73. Singapore Press Holdings Limited is a media company. The Company’s businesses include […]
United Overseas Bank Ltd (SGX:U11) Hiring “Virtual Employees” United Overseas Bank (UOB) is employing two robot-like “virtual employees” as they are termed – to tackle tasks its human employees find too boring. The bank said yesterday that the “robots”, Amy and Eve, are slashing the time taken on such repetitive and time-consuming jobs as data […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla’s Nov. 16 introduction of both the new Tesla Semi and the Tesla Roadster managed to impress even observers used to the electric carmaker’s lofty ambitions. When they come to market, the Roadster will be the fastest-accelerating production car in the world, and the Semi will deliver more range, for […]
Facebook Inc (NASDAQ:FB) HEFFX Highlights From the corridors of Congress to the hallways of the Houses of Parliament, politicians are becoming increasingly worried about what Facebook is costing society. But the financial cost to Facebook itself to try to clean up its social media platform could be high too, even if investors appear to have […]
Xunlei Ltd (NASDAQ:XNET) HEFFX Highlights Shares of the China-based cloud-computing company Xunlei (NASDAQ:XNET) jumped as much as 12.6% on Friday — but the stock is up about 5% at the time of this writing. Bullishness toward the stock follows Bloomberg’s look at Xunlei’s cryptocurrency project. As Bloomberg states, Xunlei’s cryptocurrency ambitions seem to be getting […]
Micron Technology, Inc. (NASDAQ:MU) HEFFX Highlights Chip stocks have been on fire this year, and one technician says the hottest name in the group is showing no signs of cooling off. Micron is the best-performing technology stock this year, up nearly 120 percent, and according to Rich Ross of Evercore ISI, the stock has could […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Australia and New Zealand Banking Group’s top technology executive has claimed its decision to move ahead of its big four rivals with Apple Pay has led to big advantages in both customer and skilled staff acquisition as it seeks to position itself as a bank that operates like a tech […]
DBS Group Holdings Ltd (SGX:D05) HEFFX Highlights DBS Group Emerges as Southeast Asia’s Most Valuable Company DBS shares advances to a record; Singtel shares decline Southeast Asia’s largest bank leverages ‘tech transformation’ DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which […]
Singapore Telecommunications Limited (SGX:Z74) HEFFX Highlights DBS Group Holdings Ltd. has overtaken Singapore Telecommunications Ltd. to become the biggest company in Southeast Asia by market value. As of Thursday’s close, DBS had a market capitalization of $46.8 billion (S$62.97 billion) compared to Singtel’s $44.86 billion (S$60.42 billion). DBS adopted a “digital to the core” strategy […]
Noble Group Limited (SGX:CGP) HEFFX Highlights Noble Group Risks Equity Wipeout as Shares Retreat Yet Again Commodity trader transfers stock to staff in units being sold Company opens talks with creditors this week on restructuring Noble Group Ltd.’s stock sell-off deepened as the trader pressed on with an effort to restructure its debt and transferred […]
Keppel Corporation Limited (SGX:BN4) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 8.06. The projected lower bound is: 7.49. The projected closing price is: 7.78. Keppel Corporation Limited is […]
Rowsley Limited (SGX:A50) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 0.14. The projected lower bound is: 0.12. The projected closing price is: 0.13. Rowsley Ltd. is a real estate company. The principal activities of the Company are investments, […]
Singapore Telecommunications Limited (SGX:Z74) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 3.74. The projected lower bound is: 3.62. The projected closing price is: 3.68. Singapore Telecommunications Limited is a communications company. The Company is engaged in the operation […]
DBS Group Holdings Ltd (SGX:D05) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 22.29. The projected upper bound is: 24.91. The projected lower bound […]
Lake Resources N.L. (ASX:LKE) HEFFX Highlights Lithium exploration company Lake Resources N.L. ( ASX:LKE) (“Lake” or “LKE”) announces that it has secured commitments to raise $1.665 million in an oversubscribed offer by way of the issue of 1,665,000 unsecured notes (Notes) to sophisticated and professional investors. The intention was to raise $1.5 million but due […]
MM2 Asia Ltd (SGX:1B0) HEFFX Highlights Fast-moving Singaporean mini-conglomerate MM2 has agreed on terms of purchase for the Cathay Cineplexes cinema chain. The move comes only months after MM2’s failed bid to buy rival Singaporean circuit Golden Village. Cathay currently operates eight multiplexes in Singapore, including one that was opened in September at Parkway Parade. […]
Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights Telstra has announced that all customers on NBN plans will soon receive double their current data allowance – which is good news for 4K Netflix fans. Furthermore, users who currently pay more than $99 a month will be migrated to unlimited NBN plans. Telstra CEO Andy Penn laid out […]
Avz Minerals Ltd (ASX:AVZ) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.16. The projected upper bound is: 0.32. The projected lower bound is: […]
Rowsley Limited (SGX:A50) HEFFX Highlights Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 0.14. The projected lower bound is: 0.12. The projected closing price is: 0.13. Rowsley Ltd. is a real […]
Emeco Holdings Limited (ASX:EHL) HEFFX Highlights Heavy earthmoving equipment company Emeco (ASX:EHL) has announced the successful completion of its institutional entitlement offer. The company raised approximately $67 million through 320 million new shares at 21 cents a share. Emeco said it received strong support from existing eligible institutional shareholders with an uptake of 66 per […]
Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook’s fight to kill fake news may hurt its profit margin Zuckerberg said Facebook will be “investing at a much higher level.” The company said operating expenses would rise 45 percent to 60 percent in 2018 Analysts are expecting Facebook revenue to rise 30 percent next year. Facebook, Inc. is […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple has been automatically sorting photographs on iPhones for about a year now but one particular category has drawn the ire of twitter users this week. In 2016, Apple updated its Photos app to recognise more than 4,000 objects, scenes and facial expressions using image recognition. But one Twitter user […]
Micron Technology, Inc. (NASDAQ:MU) HEFFX Highlights Micron has announced incoming snoopcam flash cards with up to 256GB capacity, trumpeting that edge storage is the future of video surveillance. The cards come in 32 and 64GB capacities now, with 128 and 256GB cards on the way. They use 64-layer, 2bits/cell (MLC), 3D NAND and have firmware […]
Intel Corporation (NASDAQ:INTC) HEFFX Highlights Intel shares to surge more than 30% as chipmaker’s profitability rises, analyst predicts BMO Capital Markets raises its rating for Intel shares to outperform from market perform, predicting the company will report higher operating profit margins. “While Intel has historically traded at below a market multiple, we believe if the […]
Alibaba Group Holding Ltd (NYSE:BABA) HEFFX Highlights Alibaba’s Jack Ma appeared in Delhi. “We will invest more in India,” he declared. The following year Alibaba put $500m into Paytm, an Indian digital-payments company. This year it led a fundraising round for Paytm’s e-commerce arm. The two giants seem set for an epic clash in India. […]
Apple Inc. (NASDAQ:AAPL) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 161.80. The projected lower bound is: 152.88. The projected closing price is: 157.34. Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla Inc. is nearing the end of a two-year marketing experiment. Starting Nov. 1, people who buy a new Tesla TSLA, +0.10% luxury vehicle through a referral code will go home with the right to use a Tesla “Supercharger”, company-speak for its fast-charging device usually clustered alongside major highways, free […]
Amazon.com, Inc. (NASDAQ:AMZN) HEFFX Highlights Amazon is getting almost no revenue from its bookstores Amazon broke out “physical stores” sales for the first time in the third quarter. Amazon has been expanding its physical presence, with Whole Foods, bookstores, and pop-up stores. Almost all of the revenue in the category comes from Whole Foods. Amazon.com, […]
International Business Machines Corp. (NYSE:IBM) HEFFX Highlights IBM has named David La Rose as its new Australia and New Zealand (A/NZ) managing director, replacing Kerry Purcell, who has taken up a senior leadership role within IBM Japan. La Rose has clocked up 28 years at IBM in a variety of senior executive roles across Europe […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Employee dismissals at Tesla are continuing at its SolarCity subsidiary, according to six former and current employees, and are affecting SolarCity offices across the U.S. Echoing reports from earlier this month, these SolarCity employees say they were surprised to be told they were fired for performance reasons, claiming Tesla (TSLA) […]
Bank of America Corp (NYSE:BAC) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 25.29. The projected upper bound is: 28.59. The projected lower bound […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights In recent weeks, it’s hardly been a secret that Apple is having trouble manufacturing enough iPhone X units, each of which will sell for at least $1579. The face-recognition feature was often cited as the reason, due to the new technology required to make it work. And the fact that […]
General Motors Company (NYSE:GM) HEFFX Highlights General Motors earned $2.5 billion before taxes in the third-quarter, down 32% from the $3.7 billion year-earlier pre-tax earnings, but better than most Wall Street analysts were expecting. On a net-income basis, the automaker lost $3 billion, but that reflected $5.4 billion in accounting charges for the sale of its Opel and Vauxhall European brands to […]
Ford Motor Company (NYSE:F) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 12.52. The projected lower bound is: 11.92. The projected closing price is: 12.22. Ford Motor Company is […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla starts work on first Puerto Rico energy project to help rebuild island Tesla announced its first solar and storage project in Puerto Rico at the Hospital del Nino Chief Executive Elon Musk and Puerto Rico governor Ricardo Rossello had a Twitter exchange last month Puerto Rico was badly hit […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights CNBC reported that one of the nation’s largest life insurance providers, John Hancock, has partnered with Apple to offer members of its Vitality program an Apple Watch for the cost of a $US25 ($32) activation fee. The Vitality program is designed to offer perks to policyholders who live healthy lifestyles. […]
Woolworths Limited (ASX:WOW) HEFFX Highlights Supermarket giant Woolworths could face strikes at Victorian and NSW distribution centres as 2000 staff push for pay rises and job certainty. The National Union of Workers last week lodged applications in the Fair Work Commission flagging possible strikes. “Workers at four Woolworths distribution centes have applied for Protected Action […]
Wesfarmers Ltd (ASX:WES) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 42.08. The projected upper bound is: 43.75. The projected lower bound is: 41.75. The projected closing price is: 42.75. Wesfarmers Limited is engaged […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple sees its mobile devices as a major platform for artificial intelligence in the future, chief operating officer Jeff Williams said on Monday. Later this week, Apple is set to begin taking pre-orders for its new smartphone, the iPhone X which starts at $999 $1277) and uses artificial intelligence (AI) features […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla is about to make history as the first foreign automaker to build cars in China independently, without having to link up in a joint venture with a Chinese company and give away half its profits and much of its technological know-how as part of the bargain. What’s not clear […]
Verizon Communications Inc. (NYSE:VZ) HEFFX Highlights Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, […]
Wesfarmers Ltd (ASX:WES) HEFFX Highlights Wesfarmers’ incoming chief executive Rob Scott has signalled plans to take a fresh look at the portfolio of businesses owned by the Perth based conglomerate, which could see a “very different” company in 10 years’ time. “The expectation of the board is that I look at everything with a fresh […]
DBS Group Holdings Ltd (SGX:D05) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 20.95. The projected upper bound is: 22.53. The projected lower bound […]
Keppel Corporation Limited (SGX:BN4) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 6.70. The projected upper bound is: 7.64. The projected lower bound is: […]
NVIDIA Corporation (NASDAQ:NVDA) HEFFX Highlights One of the hottest growth markets for NVIDIA (NASDAQ: NVDA) right now is data centers. The same graphics processing unit (GPU) technology used to power video games is now being used by cloud service providers to process the mountains of data consumers create, including videos, photos, and messages that ultimately get […]
Bank of America Corp (NYSE:BAC) HEFFX Highlights The UK’s financial regulator has fined Bank of America’s Merrill Lynch £35m for breaking reporting rules. The US bank failed to report nearly 69 million transactions over two years, the Financial Conduct Authority said. Merrill Lynch’s fine was reduced by 30% because the bank agreed to settle at […]
Singapore Telecommunications Limited (SGX:Z74) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 3.82. The projected lower bound is: 3.70. The projected closing price is: 3.76. SINGTEL closed unchanged at 3.760. Volume was 34% below average (neutral) and Bollinger Bands […]
Fortescue Metals Group Limited (ASX:FMG) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.29. The projected upper bound is: 5.22. The projected lower bound […]
Rio Tinto Limited (ASX:RIO) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 66.66. The projected upper bound is: 71.78. The projected lower bound is: 66.57. The projected closing price is: 69.18. RIO TINTO FPO […]
Apple Inc. (NASDAQ:AAPL) HEFFX Highlights Apple’s retail stores are not consumer destinations for all of the company’s products, a new study suggests. The vast majority of people who buy iPhones in the U.S.—nearly 80%—do so at carrier stores rather than the company’s own retail outlets. In fact, just 11% of iPhones bought in the U.S. […]