$DIA $SPY $QQQ $RUTX $OIL $USO $VXX DJIA Jumps 700 as Crude Oil Falls Below $20 to 18-Yr Lows US stocks rose Monday as investors look for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. The S&P healthcare sector jumped 4.67% on the […]
Make American, Hire American, Buy American The Big Q: What has the decline in American manufacturing meant for the average American? The Big A: 1. America eventually became poorer, and saw downgrade of its standard of living. As progressively more manufacturers moved abroad, the flow of money out of the country exceeded the benefits of […]
McKinsey Global Institute February 2020 Report Subject: Economic outcomes and the relationship between individuals and institutions have shifted for workers, consumers, and savers in advanced economies. Life has changed substantially for individuals in advanced economies in the 1st 2 decades of the 21st Century as a result of trends including disruptions in technology, globalization, the economic […]
$USD, $BTC The Big Q: What is Blockchain? The Big A: Blockchain is easier to understand than that definition sounds, here goes… At its basic level, blockchain is a chain of blocks, when we say the words “block” and “chain” in this context, we are actually talking about digital information (the “block”) stored in a […]
$BTCUSD The value of 1 Bitcoin (BTCUSD) rose more than 85% since 1 January 2019, placing it among the some of the year’s top performing financial assets. In fact, a recent report from Bank of America names Bitcoin the single best investment of the last decade. Despite its successes, critics still advise against investing money […]
China has unveiled a regulation on implementing the foreign investment law (FDI) to better protect the legitimate rights and interests of foreign investors. Premier Li Keqiang signed a State Council decree to publish the regulation. It takes effect on 1 January 2020, the same day when the law becomes effective. As a matching regulation to […]
Glow-in-the-Dark sand and Jurassic Park-like attractions are all in the plans. There are not many reasons to visit the middle of the desert. But Saudi Arabia’s Crown Prince is hoping to change that by building a $500-B city in the middle of nowhere. Dubbed Neom, a combination of the Greek word neos (“new) and the […]
Globally, aging populations are posing big challenges for healthcare systems; together, new technology and old techniques offer the opportunity to manage them. The new challenge for the 21st Century The Big Q: Can we live better? The Big A: Yes! The booming population of older adults is a testament to the incredible developments in science and technology […]
The Entrepreneurial Mindset is so Strong that they have little hesitation to forsake a stable Job and Opt for the risk of a desired Startups It is an Age of Startups, Gen Y or Millennials, who are known to make headlines for several things like their lifestyle, trends, careers, handling finances and savings, are the […]
The Neutrino Energy Group cooperates with a worldwide team of scientists and various international research centers, which deal with application research, the conversion of invisible radiation spectra of the sun, among other things, such as neutrinos (high-energy particles, which ceaselessly reach the Earth) in electric power. Everyone agrees that renewable energy is the way of […]
The advertising industry has gotten hold of the new holography techniques to create 3D images of ads in place of the old 2D visuals and graphics. Holograms create attractive and attention-grabbing advertisements for basically any product. 3D holograms can be created to cater to a wide range of advertisements, which are inviting the major brands […]
More than 20,000 travellers have already passed through Dubai International Airport without having to show their passports – since the Smart Tunnel was launched in October last year. Currently available for business and first-class travellers at Terminal 3 of Dubai International Airport, the high-tech service allows for a seamless immigration clearance in one single step. […]
News Summary: Dell Technologies and AT&T to: Pursue a common vision for network virtualization and disaggregation to accelerate open source technologies supporting Dell Technologies infrastructure within AT&T’s Network Cloud powered by Airship Deliver open source automation capabilities across infrastructure stack – from bare metal to network to storage – enabling operational re-tooling for quick new service […]
New market entrants, platforms, services and business models are disrupting the global space industry. To serve an evolving market, value chain players are developing flexible, affordable, dedicated, competitive and complementary solutions for end customers to sustain significant growth opportunities. Frost & Sullivan forecasts the total revenue opportunities for the global satellite manufacturing market to soar past $366.06 billion with global launch demand for […]
WhiteFox, a global leader in drone airspace security, today announced it has acquired the assets and key personnel of an East Coast headquartered company. This acquisition will enable expansion of WhiteFox product lines, and ensure continued technological leadership in the drone security industry. “This acquisition is a significant leap forward for WhiteFox, and cements our […]
Ever since the inception of the Blockchain technology and cryptocurrency, the world of digital trading has never been the same. This phenomenon has birthed several other groundbreaking innovations and opportunities to make life easier and more efficient. One such innovation is Vectorium and it has officially reached its soft cap. Vectorium is a “double coins project” […]
TurboPlay Corporation (“TurboPlay” or the “Company”), the world’s first personalized video games marketplace, is thrilled to announce a significant breakthrough for the greater technology community. After extensive R&D, TurboPlay has confirmed the ability to provide Stellar transaction signing directly from Elixir, a problem that until today had no viable solution. A more extensive review of this release can […]
Human Horizons launches a premium all-electric smart brand. HiPhi, with the vision to change human mobility and define a new breed of vehicles. In addition, the first production-ready prototype vehicle. HiPhi 1, is revealed to the world and positioned as a premium supercar-inspired electric SUV. Which is targeted at the growing global high technology luxury […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The US stock market indexes ended Thursday near session lows after spending the day in the Red. The DJIA (-0.5%) and S&P 500 (-0.5%) posted comparable losses while the NAS Comp(-1.0%) under-performed during the session. The top-weighted technology sector (-0.8%) was among Thursday’s weakest, while most of the remaining cyclical […]
$BTC,$BTCUSD Bitcoin’s (BTC) rise was meteoric this week and its decline has been just as swift. The speculation frenzy over Bitcoin pushed its price to nearly $14,000 Wednesday, its highest mark since January 2018. Bitcoin, the largest digital asset reversed after a prominent cryptocurrency exchange reported an outage Wednesday. The retreat accelerated Thursday and put […]
$BTC, $BTCUSD, $FB Bitcoin (BTC) prices and related cryptocurrencies and stocks ran up again Wednesday, continuing a strong rebound that has intensified with last week’s Facebook (NASDAQ:FB) announcement that it is entering the crypto space. Prices have surged roughly 40% since Friday, with the digital currency now flashing signs of a possible ‘climax‘ run. The last time […]
It is easy to say that, although small electric aircraft are at last selling, they are a negligible part of the overall aircraft market. Mistake. They will work up from the bottom to be mainstream. Airbus, Boeing and Rolls Royce know this, but many others are sleeping through the future. Some of the successes are […]
Dell EMC Ready Solutions for AI help customers accelerate time to insights by providing pre-designed and pre-validated solutions ideal for ML and DL. The Deep Learning with Intel design can reduce total cost of ownership by up to 24% over a three-year period while providing double the compute time and 10 times the storage capacity than running the same workload […]
TransPerfect Medical Device Solutions, the world’s largest supplier of language services and content management technology to the medical device industry, today announced that Division President Marc Miller will address the MedTech Summit conference—the industry’s largest-ever MDR and IVDR event—in Brussels, June 17–21. The TransPerfect presentation “Using Automation to Meet Increased PMS and Other MDR Content Requirements” is scheduled for Wednesday, June […]
Road construction is a hazardous occupation and ranked as one of the most dangerous places to work. While roads are now safer than ever before, incidents involving road workers have risen. According to The Center for Construction Research and Training’s Data Center, nearly half of road construction workers killed on site between 2011 and 2016 […]
This recent study titled ‘Smart Shoe Market: Global Industry Analysis 2013 – 2018 and Opportunity Assessment 2019 – 2027’ comprises a comprehensive assessment of the key market dynamics. Upon conducting thorough research on the historic as well as current growth parameters of the smart shoe market, the growth prospects of the smart shoe market have […]
Cannabis technology companies have created innovative products that tap into a handful of sectors from cultivation and extraction to manufacturing and retail. While the industry is still within its infancy stage due to enforced international regulations, many countries have moved forward and begun to legalize cannabis for medical use. Compared to the more saturated markets, […]
Monday, Secretary of State Mike Pompeo said that the United States is seeking to “level the playing field” with China after decades of unfair trade practices. President Donald Trump wants to ensure that Chinese and US companies are doing business on equal terms, Secretary Pompeo said. “We are very concerned that Western companies, American companies […]
President Trump should intensify his trade battle with China by barring Chinese businesses from US capital markets and technology, his former White House chief strategist, Steve Bannon, said. ‘He has to go all the way; it’s not a trade war, it’s an economic war they’ve been running against the West,’ Mr. Bannon said in an […]
Many investors fear that the US-China trade dispute will inflict long-lasting damage on the US, but economist Gary Shilling, PhD disagrees. “People say nobody wins trade wars. Yeah, in the short-run you do not, but in the long-run…the US will be better off,” Dr. Shilling asserted in an interview with Business Insider published early this […]
$DIA, $SOX, $QQQ, $SPY, $RUTX, $VXX The US Financial Markets are Closed Monday to Celebrate Memorial Day Note: The US economy is so diverse that there are always areas that are insulated from whatever you may be concerned about. The US-China trade dispute has driven dividend-rich sectors like utilities higher, but investors do not need […]
$CNY, $INTC, $QCOM The Trump Administration is considering cutting off the flow of vital American technology to 5 Chinese companies including Hangzhou Hikvision Digital Technology Co., widening the dragnet beyond Huawei to include world leaders in video surveillance. The US is deliberating whether to add Hikvision, Zhejiang Dahua Technology Co. and several unidentified others to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, new money came in and Wall Street gained with all 3 major indexes closing near session highs. Continuing optimism abounds on the prospects for US-China trade relations propelled technology shares. The S&P 500 index and the NAS Comp both closed above their 100-Day MA’s for the 1st time since […]
Thursday, White House economic adviser Larry Kudlow said that the upcoming trade talks between the United States and China will be Key in determining whether the globe’s 2 largest economies can reach a deal on trade. Chinese Vice Premier Liu He will meet with US Trade Representative Robert Lighthizer in Washington on 30-31 January. “I think […]
The S&P 500 gained 0.2% Monday a volatile trade. $DIA, SPY, QQQ, RUTX, VXX The benchmark index overcame a loss of 1.9% intra-day despite the uncertainty surrounding trade, growth prospects, the path of interest rates, and geopolitics. The DJIA rose 0.1% after being down as much as 2.1%, NAS Comp gained 0.7% after being down […]
Tesla (NASDAQ:TSLA): China is Key to Its Future $TSLA, $GM, $F, $VLKAY, $HMC, $TM China is Key to Tesla’s future, and so it is not surprising that the US-China trade dispute is hitting the company hard. China is Tesla’s largest market outside the US, accounting for about 10% of total revenue in the 1st 3-Q’s […]
Bitcoin (BTC) Gets Positive Signal From NYSE’s Chairman $BTCUSD, $ICE The correction is the market had been healthy Bitcoin has seen a deep dive in price over the 11 months, but the CEO of one of the world’s biggest exchange operators is not deterred from entering the cryptocurrency space. Jeffrey Sprecher, CEO of IntercontinentalExchange (NYSE:ICE) […]
Tesla (NASDAQ:TSLA) Has Nothing the Auto Industry Cannot Replicate at Will $TSLA, $F, $FCAU, $GM, $VLKAY Volkswagen (OTCMKT:VLKAY) announced at the weekend that its platform is set to manufacture 50-M pure EVs, and it has acquired the batteries for that vehicle production output. Ok, Tesla (NASDAQ:TSLA) has mastered making EVs cars, but its technology is […]
The Trump Effect: The S&P 500 +28% Since His Election $SPY, $ABMD, $GE President Donald Trump has taken credit for the stock market’s gains during his 21 months in the White House, and those claims are reasonable given the impact of tax cuts and pro-business policies on investor sentiment. The S&P 500 has risen 28% […]
More Tariffs in Store for China if President Trump’s Meeting with President Xi Fails in November $DIA, $SPY, $QQQ, $RUTX, $VXX The United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade dispute. The […]
Ferrari (NYSE:RACE), PMI (NYSE:PM) Launch ‘Mission Winnow’ $RACE, $PM Philip Morris International Inc. (PMI) (NYSE:PM) and Scuderia Ferrari today advanced their 45-year partnership with the unveiling of Mission Winnow, a new global initiative to create engagement around the role of science, technology and innovation as a powerful force for good in any industry. This global […]
What Has Happened to Our Drinking Water? There is a known secret that really needs attention in this country. California, Florida, Baltimore, Detroit, Flint are in the news with reports of their drinking water being tainted. Flint brought into focus with”Flint Lives Matter” T’s, alerting the nation, saying: “What about us, our water is really […]
Savvy Investors Are Buying Blockchain Technology Stocks $IBM, $GBTC, $BR The technology known as blockchain is what the cryptocurrency market is built on. However, that is not its only function, it is also being used to change nearly every industry that deals with transactions and ledgers. Yes, there is Key connection between blockchain and cryptocurrencies, […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]
How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]
China’s PBoC Intensifies Pressure on Cryptocurrency Activity $BTCUSD Chinese authorities have intensified pressure on domestic cryptocurrency activity. Beijing supports the development of the underlying blockchain technology, but it is still trying to limit speculation in digital currencies roughly 1 year since banning their sales in ICOs. Bitcoin prices surged last year as investors bet blockchain […]
The SEC Continues to Disapprove Bitcoin ETF Proposals $BTCUSD Again, the SEC has disapproved more proposals for Bitcoin ETF. The latest rejection has seen 8 bids turned down by the authorities; 2 from Proshares that would have tracked Bitcoin futures, another from GraniteShares and 5 more from Direxion. The SEC said that Bitcoin ETF markets […]
INFINITI is partnering with Motor Trend Group to bring the inaugural Japanese Automotive Invitational to this year’s Pebble Beach Automotive Week on August 25 and 26. This new event aims to bring even more diversity to the premier celebration of classic, vintage automobiles and demonstrate the prowess Japan brings to the industry. The 2-day Japanese […]
US Stocks Still in a Bull Market $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks continue their low-volatility, Bull-market run higher, tuning out all of the Noise. The 2,800 mark on the S&P 500 has been bested 4 sessions in a row on a closing basis. That mark is acting as a floor during pullbacks. The […]
Bitcoin Stable As Big Players Enter the Digital Currency Sector $BTCUSD, $CME, $CBOE, $BLK Bitcoin rallies 5% as BlackRock reportedly weighs crypto venture Bitcoin opened higher, climbing as much nearly 6%, following reports that the world’s largest asset manager was considering a push into the digital-currency market. Monday, it was reported that BlackRock (NYSE:BLK), which […]
The Whats’ About Blockchain Value $BTC, $IBM Dominant players who can establish their blockchains as the market solutions are making big bets now With all the talk and chatter about blockchain, it is easy to miss the facts about this new technology. Simply put, Blockchain is a distributed ledger, or database, shared across a public […]
US Markets are Comfortable, Now Focused on Earnings $DIA, $SPY, $QQQ, $RUTX, $VXX Carry-over momentum from S&P 500 breakout last Thursday drives stocks higher for 3rd session running Top-weighted tech group under-performs, keeping gainers in check Cyclical financials, industrials, and energy groups soar Traders satisfied the President Trump is focused on the business of America […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
US Stocks Fell Monday in Response to Pending Trade Issues $DIA, $SPY, $QQQ, $RUTX, $VXX The escalating trade dispute between the US and other leading economies effected US stocks Monday, pushing the S&P 500 and NAS Comp to their biggest losses in more than 2 months. Losses were widespread Technology stocks suffered the most, with […]
Children’s Bad Behavior Linked to “Technoference” Eat healthy, Be healthy, Live lively, Tune out the Noise New US research has found that parents who spend a lot of time on their phones or watching TV during family meals, playtime, and bedtime are likely contributing to their children’s bad behavior. Carried out by researchers at Illinois […]
President Trump’s Tough Talk Driving US Stock Market $DIA, $SPY, $QQQ, $RUTX, $VXX Fears of a trade war is giving boost to some of the smallest companies in the market as well as some of the biggest technology companies. For over 3 months, investors have focused on US negotiations with trading partners including China, Europe, […]
NASDAQ Marks Another All Time High $DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday as investors were encouraged by US economic data, driving the NASDAQ to finish at another at record high for the 2nd day running, as the technology and consumer discretionary sectors outpreformed Investors remain a bit wary about trade discussions, with Mexico imposing tariffs […]
Majority Ownership Key to US in Trade Talks With China The United States hopes to convince China into letting American investors hold a majority stake in Chinese ventures, Larry Kudlow, President Donald Trump’s top economic adviser, said Thursday. The demand will be part of formal trade talks between the US and China to begin Saturday […]
Bitcoin and Blockchain are Here to Stay $BTCUSD, $ETHUSD Thoughts on Bitcoin and Consensus 2018 The hottest ticket last week was in New York City. But unlike any Top-Tier event, you were invited … if you could afford it. At approximately $2,000, Consensus 2018 was the most expensive edition in the Bitcoin conference’s history. Despite […]
The Trump Effect: US Companies Seen Investing More $DIA, $SPY, $QQQ, $RUTX, $AAPL US companies are seen investing more of the money saved from sweeping Trump tax cuts into businesses later this year, perhaps even surpassing a jump in Q-1 capital expenditure that was the highest in nearly 7 years. Higher spending on technology, equipment […]
Jack Dorsey on Bitcoin: “It is the Currency of the Future” $BTCUSD, $TWTR, $SQ Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, declared that he is in sync with their view that digital currencies are the way of the future. “The Internet deserves a native currency; it will have a native currency,” Mr. Dorsey, […]
Bitcoin: The Why, The Why Nots! $BTCUSD, $CBOE, $CME Bitcoin has been in the news for the past year, and a clear understanding about how the cryptocurrency actually works and its volatility has kept many professional investors and traders from considering it worthy. There surely is plenty of money to be made, but investors must […]
The Crypto Sector Maintained Momentum, Bulls in Charge $BTCUSD, $ETHUSD Thursday, the cryptocurrency sector maintained its Bullish momentum, with most major currencies trading up by more than 3% on the day. Below is a look at what moved the cryptocurrency market Thursday, as follows; Goldman Sachs Group, Inc (NYSE:GS) officially announced it’s opening a cryptocurrency trading desk. Despite […]
As Trade Talks With China Open, President Trump Praises President Xi Thursday, US President Donald Trump praised his relationship with Chinese President Xi Jinping as officials from the world’s 2 largest economies began trade talks in Beijing. A deal to fundamentally change China’s economic policies is viewed possible during the 2 days of talks, though […]
Gold, Diamond Companies Joined IBM to Develop Blockchain Technology $IBM, $BRK-A, $AU Gold and diamond companies including Berkshire Hathaway (NYSE:BRK-A)Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Thursday. The joint initiative, TrustChain goal to make it easier for […]
Bitcoin, Using it as Money to Buy Stuff $BTCUSD, $SQ, $MSFT, $EXPE, $DISH, $ETSY Bitcoin is an investment asset, and it is also ‘Money’. And businesses that accepts Bitcoin payments are becoming closer to the mainstream you than you may think. Most people that I talk to look at cryptocurrencies an investment, a tradable asset, a […]
Ferrari (NYSE:RACE) to Wear ADM (NASDAQ:AMD) Logo on F1 Cars $RACE, $AMD AMD (NASDAQ:AMD) has announced a multi-year sponsorship with Scuderia Ferrari’s racing program. According to the agreement, effective a the beginning of the Y 2018 F1 season, the AMD logo is visible on the nose of the SF71H F1, on the driver’s helmets, as well as on […]
People are Asking, “Is there more trade pressure coming against China?” Clearly, US President Trump believes that his Administration’s trade threats against China are working and now there is talk of plans to focus on new tariffs and possible blocks to Chinese tech investment in the US. According to an article Thursday in the WS-J, siting […]
Blockchain Technology is Driving Innovation in Payments Industry $AXP, $MA, $V, $IBM, $MSFT Blockchain is the innovative technology that is changing payments industry. Industry leaders like American Express, Master Charge and Visa are setting up to use the blockchain technology given its obvious benefits with regard to speed, accuracy, cost effectiveness, security, and more. Companies like […]
Decoding ICOs, What They Mean Here are some details relevant to the growing popularity of ICOs (initial coin offerings) It seems that we are living in a global news cycle dominated by stories revolving around blockchain and cryptocurrency, and the GCC region is no different. Dubai has announced plans towards becoming the 1st blockchain-powered government in […]
Americans Rate President Trump Highest on Economy, Wall Street Responds $DIA, $SPY, $QQQ, $VXX Americans evenly divided in their opinions of how President Donald Trump is handling the economy with 46% saying he is doing a good job and 47% saying he is doing a poor job of making the US prosperous, according to researcher Gallup. […]
Stocks Selloff in Leadership Change, Tech’s Under Pressure $DIA, $SPY, $QQQ, $VXX Monday, the selloff in technology majors deepened wiping out the tech-heavy NAS index’s gains for the year and pushing the benchmark S&P 500 below a Key technical mark for the 1st time in nearly 2 months. All the 11 major S&P sectors were […]
Big Tech Changes Coming Fast Big technolgy has been dominating the news and is a major driver of US stock markets. The sector’s narrative has changed with amazement at the power of disruptive innovation to change not just what we do but how we do it now and the consequences. This, of course has raised […]
Financials and Technology Lead Market Rebound $DIA, $SPY, $QQQ, $VXX The S&P 500 Index rose 2.7% at the close of trading in New York Monday Chipmakers and Banks led gains as the S&P 500 Index posted its biggest 1-day gainer since August 2015, 20 stocks climbed for each 1 that fell. The bounce erased Friday’s […]
President Trump, “US Technology is Not for Sale” $QCOM, $AVGO With President Trumps rejection of Broadcom Ltd.’s(NASDAQ:AVCO) hostile takeover of Qualcomm Inc., (NASDAQ:QCOM) he sent a clear signal to overseas investors: Any deal that could give China an edge in Key technology will be rejected in the name of national security. Broadcom is based in […]
Bitcoin: Threat or Blessing? $BTCUSD The debate between liberty and censorship has been going since the dawn of the world wide web, but seeming the success of Russia in the Y 2016 US election has brought on a crack down. Currently, Bitcoin is trading at: 11,533.6904,+450.966, or +4.07%, as of 6:32a GMT, the market is open. China […]
Bitcoin Traders Bid, Regulator Ponder $BTCUSD Bitcoin trading in the Green Thursday, Bitcoin traded in the Green, breaking $11,000 Key resistance mark. Most exchanges listed the # 1 cryptocurrency higher about 4% at around $10,800 earlier on the day Currently, Bitcoin is trading at: 11,065.0947, +547.30, or +5.20%, at 6.54a GMT, the market is open. With a majority […]
US Lawmakers See Value in Blockchain Tech and Cryptocurrencies $BTCUSD Tuesday, US lawmakers pressed the 2 Top US securities regulators on cryptocurrency, and now the approach is ‘do no harm’ to the digital currency market, and monitor the ICO market. With that, a new Rally lit up Currently, Bitcoin is trading at: 7,549.9951, +1,578.52, or +26.43%, […]
Blockchain Ventures to Achieve Mass Adoption Quickly Major industries adopting blockchain management Among the blockchain industry’s challenges, the Key issue has been achieving mainstream adoption of the disruptive technology. There is strong belief in the technology, as large enterprises and financial institutions are forging ahead with their respective projects. While most blockchain ventures are focused […]
The Big Q: Why are Crypto Exchanges Vulnerable to Hacks? $BTCUSD Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade Bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. Late last week, the Tokyo-based Coincheck exchange reported a […]
Blockchain, Bitcoin Ushering in a New Age in Retail Spending $BTCUSD, $SBUX, $AMZN Starbucks (NASDAQ:SBUX) Chairman Howard Schultz has said in the past that retail was going to witness “a seismic change” in consumer behavior because of technology, most notably the Amazon (NASDAQ:AMZN) effect and the explosion of e-Commerce. “I think if you look at […]
SEC Taking a Hard Look at ‘Overnight’ Digital Currency Companies $BTCUSD Monday, the US Securities and Exchange Commission (SEC) made it known that it is taking a hard look at public companies that change their name and/or business model in a bid to capitalize upon the investor frenzy, and hyperbole surrounding blockchain technology, SEC Chairman […]
This is a Strong Start for The Trump Economy Beginning last Spring, US GDP has averaged about 3%, that is much stronger than either during the Bush (43) or Hussein Obama (45) Presidencies. This Winter, consumers are likely to pull back some and pay off credit-card balances accumulated during the holiday shopping season. Then, with […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE, $FB Trading in Bitcoin is volatile, while .DXY takes a beating In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE Trading in Bitcoin is volatile. In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter that investors had displayed […]
Cryptocurrencies Shaping Future of Business $BTCUSD, $CBOE, $CME When it comes to cryptocurrencies, their role is not rising, it has risen. Bitcoin 1st launched in Y 2009, and it was followed 4 years later by its primary competition, Ethereum. These 2 competitors are joined by dozens of other cryptocurrencies to create a comprehensive ecosystem that […]
Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” $BTCUSD,$USB, $UBSH Over the past year, Bitcoin, a digital cryptocurrency with no physical backing that can be sent electronically from one user to another, has risen in value more than 1,400%. Elliott Prechter, Head of Computer Analysis at Elliott Wave International, recommended Bitcoin to subscribers […]
President Trump’s Tax Reform to Drive Stock Market Higher $DIA, $SPY, $QQQ, $VXX The biggest reform of the US tax system in more than 30 years won final approval by lawmakers Wednesday, we expect it to drive a continuing rally in technology issues that has driven Wall Street to record highs this year. The Trump […]
China says, “We are rising, accept it.” Tuesday, the Chinese government criticized US President Donald Trump’s decision to label Beijing a strategic rival and called on Washington to “abandon a Cold War mentality” and accept China’s rise. President Trump’s decision reflects a “victory of hardliners” in his administration, the official news agency said. It warned […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
The Invasion of the Sexbots While sexbots are currently quite primitive, a new report published in the Journal of Sexual and Relationship Therapy argues that before long they will be able to look, speak and act like real people – and will be specifically designed to fulfill a person’s desires. In as few as 25 […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
US Stock Indexes Post Record Highs, Tech and Energy Outperform $DIA, $SPY, $QQQ, $VXX On this sleepy Friday The Trump Rally extended, as stocks set more records in post-Holiday trading as technology companies outperformed, and Energy companies rose with the price of Crude Oil. The Standard & Poor’s 500 index rose 5.34 points, or 0.2%, to […]
Ferrari’s (NYSE:RACE) Racing Tech Comes Together in the FXX-K Evo $RACE Ferraris engineers and designers brought all of their latest innovations and advancements used in their cars that compete in Formula 1, GT3, GTE, and Challenge, and out came the FXX-K Evo. The car is built around the powerplant in the La Ferrari, a 6.3-liter […]
Banks Desperate to Stop Cryptocurrencies Like Bitcoin $BTCUSD, $JPM Recently, Jamie Dimon, CEO of JP Morgan (NYSE:JPM) said publicly that Bitcoin is a fraud that is waiting to blow up. The story came a month after China’s ban on Initial Coin Offer (ICO), an unregulated way of raising financing by cryptocurrency startups. Following the statement, […]
Financials, Tech Led US Market to Record Highs, Again $DIA, $SPY, $QQQ, $VXX Senate takes another step toward tax reform by passing budget blueprint Top-weighted financials and technology sectors show relative strength Technology and Financial stocks lifted Wall Street Friday, as investor optimism received a fresh boost from Washington, where The Trump Administration stepped closer […]
Tesla (NASDAQ:TSLA) Model 3 Reliability Likely to Be ‘Just’ Average $TSLA, $TM, $GM Tesla Inc.’s (NASDAQ:TSLA) new Model 3 sedan is likely to have “average” reliability despite production snags. Consumer Reports magazine said on Thursday. The magazine said its survey of 640,000 vehicles showed that all-new vehicles or models with newly updated technology are more […]
The GCC is in Tech Transformation Mode From less traffic congestion on roads to connected healthcare systems, smart cities are moving to revolutionize the way the region functions The GCC region has been witnessing transformation on an unprecedented scale in the last few years, with economic challenges and technological progress having a combined effect on […]
What to Expect at Gitex this Year The annual Gitex Technology Week at the Dubai World Trade Center reflects the region’s mounting emphasis on Digital Transformation Technology has become the buzzword in the Middle East in recent years, and with governments taking the lead in adopting new technologies, the sector is seeing unprecedented growth. One […]
ICOs ALERT: SEC CYBER UNIT and TASK FORCE ICO With increased attention to how securities laws may apply to digital token sales and the disruptive nature of increased cyber threats to the investor community, the Securities Exchange Commission (“SEC”) last week announced two new initiatives. The SEC’s press release, found here, outlined the creation of the […]
