At 35 and worth $70bn, why not cash in and kick back on a beach on a private island while making the odd donation to charity? The first are people like Amazon founder Jeff Bezos and Facebook chief Zuckerberg: bosses and entrepreneurs. More interesting are the second group: those who are not defined just by their work and wealth, including most “ordinary” millionaires.

06 Dec, 2019 @ 04:00 by Yahoo! Finance

If you are one of those big IT customers that is not enthused by the idea of surrendering control over its most sensitive data to the cloud, Amazon Web Services has a comforting message: the cloud is coming to you. It will arrive in the shape of a rack of servers, loaded with the same software used in the company’s giant data centres. No need for your corporate data to leave the premises, or for the latency issues that can come from having computing tasks handled far away.

(Bloomberg) -- SoftBank Group Corp.’s massive investment in WeWork triggered a multi-billion-dollar writedown and a rare apology from founder Masayoshi Son. But one analyst argues the deal is likely to work in the end and SoftBank will have the “last laugh.”Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan and more carefully focuses on the evolution of the corporate office market. He likens WeWork’s business model to Starbucks’s, where branding, consistency and global scale give it an advantage over the competition.Lane argues WeWork can achieve profitability if it pulls back on extraneous areas and calms a frenetic pace of expansion to focus on filling up existing space. That will allow it to grab an estimated 8% of an emergent market for pre-fitted offices for corporate clients, almost like a white-label tech gadget or home appliance.“We think investors should think of the basic business as being similar to Starbucks,” Lane wrote in a 21-page research report. “While profitable, the scale of profits that can be generated from a single site is small. Starbucks as a corporation only makes sense if you plan to open thousands of outlets.”It’s a contrarian take on a WeWork deal that has been widely viewed as a fiasco. After SoftBank invested in the co-working startup, its planned initial public offering fell apart as investors balked at its enormous losses and conflicted governance. Son conceded “there was a problem with my own judgment” as he announced the writedown last month. SoftBank has put about $14 billion into a startup that’s now valued at less than $8 billion.After discussions with management, Lane explains they see an opportunity for WeWork to move beyond the niche of providing space for entrepreneurs to offering flexible real estate for a broad range of companies. He calls this “managed space as a service” and compares it to “software as a service,” which is the way many companies now buy from Microsoft Corp. and Salesforce.com Inc. WeWork, Lane says, sees the potential to make $500 per month on memberships as “an on-going annuity,” far more than software generates.SoftBank named Marcelo Claure, the former chief executive at Sprint Corp., executive chairman of WeWork and put him in charge of the turnaround effort. Under his leadership, Lane says the company will be able to focus on profitability by stopping any incremental expansion, filling its existing space and slashing overhead by getting rid of expansion staff and non-core businesses. WeWork’s ability to gather data about office-use and optimize layouts -- while not entirely substantiated -- could prove disruptive to the industry, he added.He estimates that WeWork’s revenue will rise from $720 million a quarter to about $1.5 billion if it can push occupancy to 90% on its current portfolio. Once profitable, WeWork will once again try to go public, perhaps in 2023, and then raise additional capital to resume expansion, albeit more slowly than before.With a discounted cash flow model, Lane projects WeWork would have an enterprise value of $28.8 billion in 2025. That would make SoftBank’s 80% stake worth about $19.1 billion, roughly 40% more than the estimated $13.8 billion the company and its Vision Fund have invested.“We believe WeWork’s valuation is justified if you believe in the long-term, ‘office space’ will be a managed service outsourced to professionals – and that WeWork will be the leading global player,” Lane wrote. “Despite the huge embarrassment WeWork has been for SoftBank this year, we suspect SoftBank will have the last laugh when they bring the company back to market in a few years – bigger and profitable.”To contact the reporters on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.net;Takahiko Hyuga in Tokyo at thyuga@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

06 Dec, 2019 @ 01:39 by Yahoo! Finance

Market MovesStocks closed slightly higher in a trading session that featured slightly more selling than buying. The S&P 500 (SPX) and Nasdaq 100 (NDX) closed with a two-tenths percent increase, while the Dow Jones Industrial Average (DJX) and the Russell 2000 (RUT) managed half that amount.

06 Dec, 2019 @ 00:33 by Yahoo! Finance

It’s a bearish start to the day for the majors. A move back through the start of the day highs by mid-morning would support a 2nd day in the green.

06 Dec, 2019 @ 00:31 by Seeking Alpha

The prestigious contract went to the superior company, despite detractors who claim President Trump opposed Amazon.

Bitcoin mining company Bitfury just released blockchain software Exonum Enterprise to help corporations more efficiently build their own private blockchain projects.The post Bitcoin mining giant Bitfury is now in the enterprise blockchain business appeared first on The Block.

In the latest trading session, Microsoft (MSFT) closed at $149.93, marking a +0.05% move from the previous day.

The multi-billion-dollar philanthropic Bill & Melinda Gates Foundation said on Thursday that its chief executive officer, Sue Desmond-Hellmann, is to step down after more than five years, to be replaced by Mark Suzman.

05 Dec, 2019 @ 21:49 by FinancialContent

Nintendo Ltd/ADR (OTC: NTDOY) had its best ever sales week for its Switch game consoles in the United States, selling 830,000 of them ...

The Dow Jones traded slightly higher, defying the Trump impeachment news. Nike and Apple led the Dow Jones after big analyst upgrades.

Slack Technologies Q3 earnings handily beat analyst estimates on revenue and billings while guidance met expectations amid rising competition with Microsoft.

The rise of Teams isn't slowing Slack's high-flying growth.

Shopify has been a huge winner in 2019. Earnings are booming and the company plans to compete more with Amazon. But with software stocks under recent pressure, is SHOP stock a buy now?

Great North Data, a Canadian Bitcoin mining and AI-algorithm processing facility, has filed for bankruptcy. The company is said to have $13.2 million in liabilities and just $4.6 million in tangible assets. It has since emerged that a portion of this cash is owed to provincial government and federal government agencies who invested money in the cryptocurrency business. The two public entities, funded by taxpayers' money, are the Atlantic Canada Opportunities Agency (ACOA) and the Business Investment Corporation of Newfoundland and Labrador. The agencies are owed $281,675 and $313,718 Canadian dollars respectively. The owners of the bankrupt Bitcoin mining facility have not been publicly named. First reported by Canadian news outlet CBC, the news that taxpayers' money went into suchThe post Canadian taxpayers foot bill for bankrupt Bitcoin mining facility appeared first on Coin Rivet.

05 Dec, 2019 @ 20:38 by Yahoo! Finance

Amazon challenged Pentagon contract award to Microsoft as the holiday season started.

05 Dec, 2019 @ 20:32 by Yahoo! Finance

Cryptocurrency exchange Kraken has launched support for the Swiss franc (CHF) in partnership with Liechtenstein-based Bank Frick. Starting Dec. 6, users can trade between CHF and Bitcoin as well as CHF and Ether on Kraken’s platform.The post Kraken adds support for Swiss francs appeared first on The Block.

05 Dec, 2019 @ 20:06 by Seeking Alpha

The latest U.S.-China trade war updates and some positive U.S. economic data. A dive into third quarter 2019 earnings and what to expect from Q4 and 2020. Plus, a look at why RH is a Zacks Rank 1 (Strong Buy) stock right now...

Several analysts have weighed in on Slack following its third-quarter report. Here’s a sampling of what they’ve had to say.

(Bloomberg) -- Qualcomm Inc. is under no illusions about how long it will take to make a dent in Intel Corp.’s dominance of the laptop market. But a new set of chips it’s offering will make it tougher to keep Qualcomm out of computers.San Diego-based Qualcomm, whose processors are the heart of most of the world’s high-end smartphones, is trying to carve out a niche for its technology with laptops that last more than a day on a single battery charge and are always connected to the internet. Current models, such as Microsoft Corp.’s Surface Pro X, cost more than $1,000. Qualcomm is now rolling out new chips that will allow PC makers to build machines that compete with budget systems retailing for as low as $300.“We were not confused. We knew this market would take a long time,” said Qualcomm product director Miguel Nunes. “We still understand it’s going to take longer.”More affordable devices will help, Nunes said. But Qualcomm and other interlopers need new ways to reach consumers if they’re to overcome Intel’s brand recognition and marketing spending. One thing that’s helping is the sale of Qualcomm chip-based laptops by mobile phone service providers. Like phones, they’re increasingly being offered on monthly installment purchase plans, making the devices more affordable, Nunes said. Carriers like the cellular component of Qualcomm chips which ties customers to their networks, he said.Corporations like the idea that the the machines they give to employees are always connected to the internet. Interest from that market has surprised Qualcomm. Knowing where the machines are and being able to update them all the time are advantages of a cellular link, Nunes said.Qualcomm’s attempts to get into PCs are part of a broader push to push mobile technology into devices outside of the smartphone market. Growth in smartphones has slowed as consumers have shown less interest in upgrading to devices that offer marginal improvements over existing models. Qualcomm is targeting PCs in particular where it believes chips based on mobile technology can offer huge improvements in battery life, promised but not delivered by Intel-based devices, and have them continually connected to the internet.“One of the challenges we’ve seen is that the computing industry was plagued by a lot of lies when you talk about battery life,” Nunes said. “Consumers don’t believe you.”Qualcomm-based devices go days without needing to be plugged in, he said. With coming fifth-generation networks, they’ll also get extremely fast data all the time, enabling them to take advantage of more powerful computing over the internet, he said.The company is holding its annual conference in Hawaii. It has introduced new 5G chips for mobile phones, including ones that will enable cheaper handsets from early next year, and a new offering for virtual reality and augmented realty headsets.To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly Schuetz, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

(Bloomberg) -- Amazon.com Inc. claims it lost a Pentagon cloud contract valued at as much as $10 billion because of political interference by President Donald Trump, according to the judge overseeing the case.Federal Claims Court Judge Patricia Campbell-Smith said during a court proceeding last week that Amazon’s lawsuit argues that the Pentagon didn’t award the cloud deal to Microsoft Corp. on the basis of a fair evaluation of the companies’ bids.“Plaintiff contends that the procurement process was compromised and negatively affected by the bias expressed publicly by the president and commander in chief Donald Trump against plaintiff,” Campbell-Smith said in a recording of a status hearing released Thursday by the U.S. Court of Federal Claims in Washington.The judge’s comments were the first public confirmation that Amazon cited bias by Trump as grounds to overturn the award to Microsoft. Trump has long criticized Amazon founder Jeff Bezos on everything from the shipping rates his company pays the U.S. Postal Service to his personal ownership of what Trump calls “the Amazon Washington Post.”The contract was awarded to Microsoft “despite what plaintiff characterizes as its depth of experience, superior technology and proven record of success in handling the most sensitive government data,” Campbell-Smith said.Amazon filed a lawsuit under seal with the court last month to formally protest its loss of the Pentagon’s Joint Enterprise Defense Infrastructure, or JEDI, cloud contract.For More: Amazon’s $10 Billion Pentagon Challenge: Proving Trump MeddledCampbell-Smith said Amazon is seeking to prohibit the Defense Department from proceeding without a new evaluation or award decision. The company is requesting that the Pentagon either reevaluate bids or reopen the procurement to allow for bid revisions, the judge said.Campbell-Smith also granted Microsoft’s request to intervene in the suit.In July, Trump stunned lawmakers and technology companies when he openly questioned whether the JEDI contract was being competitively bid, citing complaints from Microsoft, Oracle Corp. and International Business Machines Corp.Dana Deasy, the Pentagon’s chief information officer, said during his confirmation hearing in late October that to the best of his knowledge, no one from the White House reached out to any members of the JEDI cloud contract selection team.The Pentagon’s JEDI cloud project is designed to consolidate the department’s cloud computing infrastructure and modernize its technology systems. The contract is worth as much as $10 billion over 10 years and could offer the winner a bigger foothold in the burgeoning federal cloud market.(Updates with Amazon seeking new evaluation and decision from seventh paragraph)To contact the reporter on this story: Naomi Nix in Washington at nnix1@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Larry LiebertFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

05 Dec, 2019 @ 18:35 by FinancialContent

Everyday people do it, here's how.

The multi-billion dollar philanthropic Bill & Melinda Gates Foundation said on Thursday that its chief executive officer, Sue Desmond-Hellman, is to step down after more than five years, to be replaced by Mark Suzman.

05 Dec, 2019 @ 17:53 by FinancialContent

Top tickers for midday: AAPL, BABA, FB, AMD, ROKU, AMZN, TSLA, DHR, NFLX, SHOP, NIO, BYND, MSFT, WORK, BAC, GE, T, MU, BA, CRM.

Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.

05 Dec, 2019 @ 17:09 by FinancialContent

On Wednesday, Slack CEO Stewart Butterfield commented after an earnings report, that most of Slack’s key customers use aspects of Microsoft’s Office 365 suite, but are still opting to utilize Slack for messaging anyway, as opposed to the available yet competing Microsoft Teams app. Following...

By launching a low-cost Xbox, Microsoft could grow the number of Xbox users it can monetize via game sales and an expanding array of services. AMD could also benefit.

Microsoft’s cloud computing businesses ultimately will have the same or better profit margins as Amazon Web Services, a Wall Street analyst said. Microsoft stock got a price-target hike.

The Euro rallied early during the trading session on Thursday, as we continue to see a bit of bullish pressure recently. That being said, we are still in a very tight consolidation area and of course have a lot of resistance as shown from the previous session.

05 Dec, 2019 @ 16:35 by Yahoo! Finance

A growing toll bridge business on the cloud with moderate risks Continue reading...

05 Dec, 2019 @ 16:35 by Yahoo! Finance

Zacks Market Edge Highlights: AAPL, GM, MSFT, SHW and VOO

05 Dec, 2019 @ 16:27 by FinancialContent

U.S. supermarket chain Kroger Co missed Wall Street estimates for quarterly sales and profit on Thursday, hurt by stiff competition from industry stalwarts including Walmart Inc and Amazon.com Inc.

05 Dec, 2019 @ 16:22 by FinancialContent

Many investors are often captivated by the more glamorous side of the technology sector and although Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT) and Qualcomm (NASDAQ: QCOM) are older companies, share price appreciation puts those behemoths in the glitzy category. However, there are some...

05 Dec, 2019 @ 16:00 by Yahoo! Finance

Last week, I had the pleasure of speaking to Crypto Lark, a popular YouTuber who first started broadcasting about two years ago. Lark Davies is New Zealand’s most popular crypto and Bitcoin personality. He grew up on a small organic farm reading Mad magazine and dreaming of space travel. Now known for his articulate, entertaining style, Crypto Lark combines his political science background, critical thinking skills, and bright sense of humour to produce content that explains blockchain solutions to the world. During the interview, we discussed the future of cryptocurrencies, the current economic panorama, how the Bitcoin protocol is developing, interesting projects in the space, and the impact smart contracts will have on the cryptocurrency ecosystem in the near future.The post Crypto Lark discusses the future of cryptocurrency appeared first on Coin Rivet.

Crypto financial services provider BlockFi has launched a commission-free trading platform, BlockFi Trading, where users can trade Bitcoin, Ether, and ERC20 stablecoin Gemini Dollar in real-time.The post BlockFi's new trading platform allows users to trade Bitcoin, Ether, and Gemini Dollar in real-time appeared first on The Block.

Zacks.com featured highlights include: ResMed, Microsoft, Zoetis and Ruth's Hospitality

05 Dec, 2019 @ 15:25 by Yahoo! Finance

Cryptocurrency exchange BitFlyer, recognized as one of the 10 exchanges with “real” trading volumes by asset management firm Bitwise, has just made it easier for users to buy cryptocurrencies.The post BitFlyer Europe users can now buy crypto with credit cards appeared first on The Block.

05 Dec, 2019 @ 14:43 by FinancialContent

Even with 20 million daily active users, Microsoft Teams isn't a threat to Slack, according to the collaborative communication software company's CEO.

Based on the early price action and the current price at 1.1098, the direction of the EUR/USD the rest of the session on Thursday will be determined by trader reaction to the short-term Fibonacci level at 1.1102.

05 Dec, 2019 @ 14:15 by Yahoo! Finance

MongoDB's (MDB) third-quarter fiscal 2020 results are expected to reflect the growing adoption of its cloud-based platform, Atlas.

Citrix (CTXS), in collaboration with AWS, is striving to boost efficiency of Citrix ADC deployment in hybrid environments.

05 Dec, 2019 @ 13:00 by FinancialContent

S&P 500 volatility reminds investors of the importance of owning quality companies. Even better? High-quality stocks that also make big profits for investors. 

05 Dec, 2019 @ 12:45 by Yahoo! Finance

Today the price of Bitcoin is US$7,460.87; Ethereum is US$149.48; XRP is US$0.218633; Bitcoin Cash is US$215.06 and Tether is US$1.01. These are the top five cryptocurrencies by market capitalisation. About the top five cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relyingThe post Top five cryptocurrencies - latest price appeared first on Coin Rivet.

05 Dec, 2019 @ 12:22 by Seeking Alpha

Investing.com - The U.S. dollar fell on Thursday, as mixed trade signals kept investors at bay.

Eurozone retail sales slumped a seasonally adjusted 0.6% in October, Eurostat reported Thursday, well below expectations of a flat reading. Compared to Oct. 2018, retail sales rose 1.4%, below the 2.3% growth rate expected in a FactSet-compiled poll. Mail order and internet sales dived 2.5% as non-food sales slipped by 1.1% during the month, Eurostat reported.

05 Dec, 2019 @ 08:49 by Yahoo! Finance

Upward momentum in EUR/USD has subsided in the early week as the pair struggles to cross over the 1.1100 handle.

05 Dec, 2019 @ 07:16 by Yahoo! Finance

Risk sentiment returned on Wednesday, with the S&P500; back up 0.8% heading into the close and US 10-year yields up 6bps to 1.77%. The latest iteration in the trade talk saga suggests that the US President’s lack of urgency on trade negotiations should not be interpreted as a stall in the talks.

It’s a choppy start to the day for the majors. Expect Bitcoin to provide direction for the trio on the day.

It’s back into the red, with more losses on the cards should the pair fail to hit key levels by late morning.

U.S. Federal Trade Commission (FTC) has broadened scrutiny of Amazon.com Inc beyond its retail operations to include cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business?srnd=technology-vp reported on Wednesday, citing people familiar with the matter.

05 Dec, 2019 @ 03:10 by Yahoo! Finance

Economic data puts the EUR in focus, while the Pound continues to rise on expectations of a Tory victory…

U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg https://www.bloomberg.com/news/articles/2019-12-04/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business?srnd=technology-vp reported on Wednesday, citing people familiar with the matter.

U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations to include its cloud-computing business, Bloomberg https://news.bloomberglaw.com/mergers-and-antitrust/amazon-faces-widening-u-s-antitrust-scrutiny-in-cloud-business reported on Wednesday, citing people familiar with the matter.

Slack Technologies Inc beat Wall Street estimates for quarterly revenue and profit as it signed on larger companies to its workplace communication platform, sending its shares up nearly 3% in trading after the bell.

04 Dec, 2019 @ 22:12 by FinancialContent

Stocks punch higher today on light volume. After a few days of selling are stocks out of the woods?

04 Dec, 2019 @ 21:46 by Yahoo! Finance

Investing.com – Asian currencies made something of a comeback on Thursday morning in Asia as optimism about a possible trade deal between China and the US returned. The USD was lost a little ground and the Australian dollar stopped a multi-day slide even as the Yuan continued to slide.

Slack Technologies Inc forecast disappointing current-quarter revenue and profit on Wednesday as its messaging platform wrestles with stiff competition.

This was a much-needed win for AWS after losing a lucrative $10 billion government contract to Microsoft in October.

Slack Technologies Inc. easily beat the disappointing quarterly forecast it gave in its first earnings report as a public company Wednesday, but it didn’t seem to help the company’s beleaguered stock.

04 Dec, 2019 @ 21:13 by Seeking Alpha
04 Dec, 2019 @ 21:05 by FinancialContent

Microsoft Corp. on Wednesday announced that its board of directors declared a quarterly dividend of $0.51 per share. The dividend is payable March 12, 2020, to shareholders of record on Feb. 20, 2020. The ex-dividend date will be Feb. 19, 2020.

Republican and Democratic lawmakers on Wednesday talked up the need for a federal law that would deliver better protections for personal data, even as some analysts don’t think bipartisan agreement on the issue is likely in the near term.

Walmart Inc for the first time on Wednesday revealed the breadth of customer information it collects as it came out in favor of consumers having "reasonable controls" with regard to collection, use and sharing of personal data.

A crypto enthusiast who lost four Bitcoin on the Lightning Network in October has now managed to recover most of the missing funds, according to an update post on Reddit. What is the Lightning Network? One of the most interesting projects in the cryptocurrency space, in my opinion, is the Lightning Network protocol (LN). Even though some traders and analysts have plenty of criticisms regarding the development of the LN, I argue the open-source P2P payment channel technology is here to stay. The LN not only affects Bitcoin, but the technology can also gap bridges between projects. In a way, the Lightning Network has the potential to achieve what many other projects can only dream of: to become an interoperableThe post Four Bitcoin lost on the Lightning Network finally recovered appeared first on Coin Rivet.

04 Dec, 2019 @ 17:52 by FinancialContent

Speaking to shareholders at Microsoft Corp.'s annual meeting on Wednesday, Chief Executive Officer Satya Nadella outlined Microsoft's opportunity and responsibility: to help its customers and partners thrive in a world where every company is a technology company and to create technology that benefits everyone on the planet, including the planet itself.

04 Dec, 2019 @ 17:48 by FinancialContent

Top tickers for midday: AAPL, AMD, ROKU, CRM, F, MT, AMZN, TSLA, BAC, BABA, FB, MRVL, DIS, SHOP, JBLU, ACB, T, MSFT, DHR, NIO.

A series of product announcements highlighted Amazon’s intentions to weave its services more closely with on-premises data centers, an area where Microsoft is particularly strong.

04 Dec, 2019 @ 16:11 by Yahoo! Finance

The Euro tried to break above the 1.11 handle during the trading session on Wednesday. By breaking above there slightly, it does open up the possibility of a move to the 200 day EMA.

04 Dec, 2019 @ 16:00 by FinancialContent

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will now be led by Sundar Pichai, who will split his duties along with being CEO of ...

04 Dec, 2019 @ 15:51 by Seeking Alpha

The global coffee purveyor is at the forefront of using AI to grow its business. Is that translating to a larger top line?

Bitcoin unexpectedly rose by 8% in just three minutes earlier today as bullish sentiment begins to re-enter the cryptocurrency markets. Following an abrasive daily candle close which saw Bitcoin suddenly drop from $7,300 to $7,100 yesterday evening, it consolidated today at $7,200 before surging towards the $7,800 level of resistance. The dramatic rise from $7,200 to $7,800 saw a total of $59.71 million in short positions liquidated on derivatives exchange BitMEX, according to Datamish. Price has now began to consolidate in the $7,500 region, which could fuel a continuation rally back to the $8,000 region. However, the 100 exponential moving average (EMA) on the four-hour chart has been a bitter point of resistance on three occasions over the past month,The post $60 million liquidated as Bitcoin pumps 8% in three minutes appeared first on Coin Rivet.

InvestorsObserver issues critical PriceWatch Alerts for ACB, F, FIT, GE, and MSFT.

Contract with FINRA CAT, a subsidiary of Financial Industry Regulatory Authority, would help it track more than 100 billion daily financial market events per day.

CORRECTION (December 4, 8:17 AM EST): A previous version of this story cited a press release published on PR Newswire and cited by several news outlets that said SoftBank has issued a new debit card with blockchain wallets.The post Correction: SoftBank denies issuing new debit card featuring built-in blockchain wallet appeared first on The Block.

A Credit Suisse strategist reiterated an overweight call on U.S. growth stocks, which he says can outperform even when bond yields rise.

Investing.com - The U.S. dollar dipped slightly from earlier highs, as investors digested recent trade developments and private payrolls growth tumbled.

04 Dec, 2019 @ 10:32 by FinancialContent

Google’s two co-founders Sergey Brin and Larry Page have decided to retire their ‘Googleyness’ in favor of new Alphabet CEO Sundar Pichai.

EUR/USD is under a bit of pressure in the early day and is threatening a downside break from a range that has been playing out in the early week.

EUR/USD has been flirting with the green support zone recently, yet strongly rebounded yesterday. Was it a surprise? Not if you’re reading our analysis. Enough tooting our horn, what’s next in store for the pair?

It’s a busy day ahead. Geopolitics, the BoC and service sector activity will keep the markets busy on the day ahead…

Alphabet Inc. will enter the 2020s without two leaders who have been a constant presence since Google was launched out of a Silicon Valley garage more than 20 years ago.

03 Dec, 2019 @ 21:44 by Yahoo! Finance

Investing.com – The dollar held steady in morning trade in Asia Wednesday morning after US President Donald Trump raised doubts that a trade deal with China will be signed before the end of next year.

Workday Inc beat Wall Street estimates for third-quarter profit and revenue on Tuesday, and raised its full-year forecast for sales in its biggest business, as more companies signed up for its cloud-based financial and human resources management software.

Workday Inc beat Wall Street estimates for third-quarter profit and revenue on Tuesday, and raised its full-year forecast for sales in its biggest business, as more companies signed up for its cloud-based financial and human resources management software.

03 Dec, 2019 @ 20:00 by FinancialContent

Market participants generally foresee a boost to cloud-based software company salesforce.com’s stock Tuesday following the release of its latest quarterly financial results after the closing bell.

03 Dec, 2019 @ 19:00 by Yahoo! Finance

Exchange-traded fund (ETF) pioneer WisdomTree Europe has announced that it will be launching a physically-backed Bitcoin exchange-traded product (ETP) as appetite grows for digital assets. The fund, which will allow investors to speculate on Bitcoin without having to go through the onerous process of buying the underlying digital asset themselves, has been launched to provide easier access for institutional investors. According to a press release published earlier today, the fund entitles each investor to a certain amount of Bitcoin, with a "share entitlement" relative to their investment in the fund. This is similar to gold ETPs where funds are held in secure custody rather than held by individual investors. WisdomTree has announced that it will be working with a BitcoinThe post WisdomTree launches new Bitcoin exchange-traded product appeared first on Coin Rivet.

03 Dec, 2019 @ 18:29 by Seeking Alpha
03 Dec, 2019 @ 16:00 by Yahoo! Finance

The Euro went back and forth during the trading session on Tuesday, as markets are testing a major figure just above. At this point, the market is likely to see a lot of noise, but I think it’s only a matter of time before we continue the longer-term trend.

Lolli is an online plug-in that rewards shoppers in bitcoin when they shop at participating retailers. Lolli CEO Alex Adelman joins Dan Roberts, Anjalee Khemlani and Scott Gamm to announce the startup's newest partner and road map.

03 Dec, 2019 @ 15:09 by Yahoo! Finance

MarketAxess (MKTX) benefits from growth in business and market share, acquisitions, innovation, and strong capital position.

03 Dec, 2019 @ 10:57 by Yahoo! Finance

Investing.com - The U.S. dollar was lower on Tuesday after comments from U.S. President Donald Trump sparked a flight to safer assets.

Besides having a lot of momentum, yesterday’s rally drove EUR/USD through several areas of resistance. This could be signaling the start of a much larger move.

The RBA gives the Aussie Dollar a boost as it holds back from any rate cut talk. Chatter on trade and UK politics will garner the market attention today.

02 Dec, 2019 @ 21:37 by Yahoo! Finance

Investing.com – The dollar climbed, and Asian currencies moved sideways on Tuesday morning in Asia after US President Donald Trump announced plans to reinstate steel and aluminum tariffs on Brazil and Argentina.

02 Dec, 2019 @ 21:05 by FinancialContent
01 Dec, 2019 @ 19:13 by Yahoo! Finance

A recurring sales generator with a network effect moat Continue reading...

27 Nov, 2019 @ 14:38 by FinancialContent

Short interest on the Nasdaq slipped 0.2% in mid-November, the exchange said on Tuesday.

27 Nov, 2019 @ 12:25 by Seeking Alpha
27 Nov, 2019 @ 11:45 by Seeking Alpha
26 Nov, 2019 @ 23:35 by FinancialContent
26 Nov, 2019 @ 21:07 by Seeking Alpha

(Bloomberg) -- The New York Stock Exchange will let companies raise capital through a primary share sale alongside direct listings.The proposal would enable a company that chooses a direct listing to also raise capital in an opening auction on the first day of trading, provided it sells a minimum of $250 million in market value of shares, NYSE said Tuesday in a filing with the U.S. Securities and Exchange Commission.Direct listings have been touted by Silicon Valley startups and venture capital firms in recent months as an alternative to initial public offerings.“We’re always looking to evolve our offerings to meet the demands of the marketplace,” John Tuttle, NYSE’s vice chairman and chief commercial officer, said by phone. Still, “we don’t think this is going to displace the traditional IPO, we just want to create another pathway for companies to come to the public market.”Under a direct listing, a company makes its shares available for trading on a stock exchange without the formalities of a traditional IPO. That means no road show, no underwriter and no offering price, Tuttle wrote in a blog post in June. Slack Technologies Inc. and Spotify Technology SA have taken that route.NYSE’s rival, Nasdaq Inc., is working with the SEC on the potential for companies to raise capital via a direct listing, Nelson Griggs, president of the Nasdaq Stock Exchange, said at an event last week.\--With assistance from Rachel Evans.To contact the reporter on this story: Lananh Nguyen in New York at lnguyen35@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Steve Dickson, Steven CrabillFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

26 Nov, 2019 @ 14:30 by Seeking Alpha
26 Nov, 2019 @ 14:00 by FinancialContent

Nasdaq’s Quandl, a leading alternative data provider, today launched the E-Commerce Intelligence (ECI) dataset, which allows investors to track product-level e-commerce transactions on a near real-time basis. The exclusive dataset follows the day-to-day transactions of 800 brands and 500 companies across more than 350 e-retailers in North America and EMEA, capturing US$15 billion worth of product sales annually.

25 Nov, 2019 @ 07:48 by Seeking Alpha
24 Nov, 2019 @ 09:06 by Seeking Alpha
22 Nov, 2019 @ 14:45 by Seeking Alpha

Nasdaq (NDAQ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

22 Nov, 2019 @ 13:36 by Seeking Alpha
21 Nov, 2019 @ 18:37 by Seeking Alpha

Returns on invested capital (ROIC) can help identify effective management.

21 Nov, 2019 @ 15:39 by FinancialContent

Thursday's morning session saw 70 companies set new 52-week highs. Interesting Points: Amgen (NASDAQ: AMGN) was the largest ...

Nasdaq sees its Relative Strength Rating hit the 80-plus level.

U.S. stock exchange operators have filed plans with the U.S. Securities and Exchange Commission aimed at lowering the cost and speeding up the process of launching new exchange-traded funds, which could give a boost to the more-than $3 trillion market.

20 Nov, 2019 @ 15:14 by Seeking Alpha
20 Nov, 2019 @ 15:12 by FinancialContent

This morning 100 companies set new 52-week highs. Significant Points: The largest company by market cap to break to a new ...

20 Nov, 2019 @ 14:00 by FinancialContent

Nasdaq’s Quandl, a leading provider of alternative data, today announced the fourth annual Quandl Data Conference (QDC 2020) at Convene’s 46th St. location in New York City on Thursday, January 23, 2020. Featured speakers include Kirk McKeown, head of proprietary research at Point72; Matthew Rothman, Managing Director at Goldman Sachs; Chris Meredith, Chief Investment Officer at O’Shaughnessy Asset Management; and a keynote from Brian Koppelman, executive producer of Showtime’s “Billions” and co-writer of “Ocean’s Thirteen.”

19 Nov, 2019 @ 19:37 by Seeking Alpha
19 Nov, 2019 @ 16:49 by Seeking Alpha
19 Nov, 2019 @ 15:45 by Seeking Alpha

EPEX SPOT, part of European energy bourse EEX, expects to launch its intraday power trading platform in the Nordics in January, with day-ahead following in March, the exchange told Reuters on Tuesday.

Zacks.com featured highlights include: Medtronic Public, Arconic, Nasdaq, Hewlett Packard and Target

19 Nov, 2019 @ 07:58 by Seeking Alpha

TFF Pharmaceuticals to Ring NASDAQ Stock Market Opening Bell on Wednesday, November 20, 2019

18 Nov, 2019 @ 18:57 by FinancialContent

A 52-week high generally serves as an indicator for investors as stocks near that level are perceived to be winners. Here are five stocks trading near 52-week high.

* SIX offers 34 euros per share, implied value 2.84 bln euros

18 Nov, 2019 @ 10:49 by FinancialContent

* SIX offers 34 euros per share, implied value 2.84 bln euros

* SIX offers 34 euros per share, implied value 2.84 bln euros

* Talks underway over possible offer (Adds comments from BME and more detail)

18 Nov, 2019 @ 07:24 by FinancialContent

Pan-European stock market operator Euronext said on Monday that it was in talks with Spanish bourse BME over a possible takeover offer, as consolidation heats up in the financial exchanges industry.

Baidu, Live Nation Entertainment, CME, MarketAxess and Nasdaq highlighted as Zacks Bull and Bear of the Day

15 Nov, 2019 @ 10:20 by Seeking Alpha
15 Nov, 2019 @ 08:56 by Seeking Alpha
14 Nov, 2019 @ 23:51 by Seeking Alpha
14 Nov, 2019 @ 21:44 by Seeking Alpha
14 Nov, 2019 @ 16:44 by Yahoo! Finance

CME Group (CME) unveils options on Bitcoin Futures to help clients in hedging bitcoin price risk.

14 Nov, 2019 @ 14:46 by Seeking Alpha
14 Nov, 2019 @ 14:30 by Seeking Alpha

Nasdaq (NDAQ) today announced its launch of an option education program based on actionable trading ideas and content to the Nordic investment community, in partnership with OptionsPlay. OptionsPlay provides analytics that enable users of varying experience levels to visualize options data and generate trading opportunities in different market conditions. It has been adapted by Nasdaq to reflect the Nordic trading landscape, and is now available free of charge to all private investors, who will be able to access extensive educational materials and strategic insights into the options market.

A Relative Strength Rating upgrade for Nasdaq shows improving technical performance.

13 Nov, 2019 @ 20:32 by FinancialContent

New York Stock Exchange affiliate NYSE Chicago has lowered its transaction fees and eliminated rebate payments following the exchange's transition to a new technology platform, according to a regulatory filing.

* EEX continues growth across geographies, freight markets (Adds detail from statement, context)

12 Nov, 2019 @ 14:00 by FinancialContent

Energy exchange EEX Group said on Tuesday it agreed with U.S.-based Nasdaq Futures (NFX) to acquire NFX's futures and options exchange business as it continues to expand its presence in U.S. energy markets and in trading of seaborne commodities.

EEX Group and Nasdaq Futures, Inc. have reached an agreement to sell NFX’s futures and options exchange business to EEX Group.

Nasdaq shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

11 Nov, 2019 @ 21:13 by Seeking Alpha
11 Nov, 2019 @ 21:10 by FinancialContent

Short interest on the Nasdaq fell 0.7% in late October, the exchange said on Monday.

You would be earning enough in dividend income alone to donate about 200 Air Jordan sneakers every year to charity.

07 Nov, 2019 @ 13:16 by Seeking Alpha

New technology will extend to market surveillance clients globally

07 Nov, 2019 @ 11:41 by Seeking Alpha
07 Nov, 2019 @ 08:00 by FinancialContent

A Relative Strength Rating upgrade for Nasdaq shows improving technical performance. Will it continue?

05 Nov, 2019 @ 19:46 by Seeking Alpha
04 Nov, 2019 @ 23:21 by Seeking Alpha
04 Nov, 2019 @ 22:11 by FinancialContent
04 Nov, 2019 @ 20:49 by FinancialContent
04 Nov, 2019 @ 12:12 by FinancialContent

DX.Exchange, the first cryptocurrency exchange desk to utilize Nasdaq Inc (NASDAQ: NDAQ) technology, is temporarily shutting down, the ...

04 Nov, 2019 @ 08:26 by Seeking Alpha
04 Nov, 2019 @ 05:45 by FinancialContent

Trading on Nasdaq's seven Nordic and Baltic stock markets will open as scheduled on Monday, following outages on Friday that disrupted the buying and selling of shares for much of the day, the company said in a statement.

03 Nov, 2019 @ 14:29 by Seeking Alpha

* Euronext-owned Norwegian bourse not affected (Updates with planned restart of trading)

* Euronext-owned Norwegian bourse not affected (Adds Nasdaq comment)

31 Oct, 2019 @ 22:25 by FinancialContent

The Members Exchange (MEMX), a new would-be bourse backed by major Wall Street firms, that aims to take on the New York Stock Exchange and Nasdaq Inc by way of lower fees, has filed its application with regulators and aims to launch by mid-2020.

Startup steel trading firm Mettalex is in talks with exchanges about launching a new scrap contract focused on Asia, the firm's head said on Wednesday.

30 Oct, 2019 @ 16:44 by Seeking Alpha
30 Oct, 2019 @ 13:35 by Seeking Alpha
27 Oct, 2019 @ 14:13 by Seeking Alpha
26 Oct, 2019 @ 16:15 by FinancialContent

These exchange-traded funds offer investors an easy way to potentially profit from growth in the healthcare sector.

25 Oct, 2019 @ 16:44 by FinancialContent

Upgrades JP Morgan upgraded the stock for Axalta Coating Systems Ltd (NYSE: AXTA) from Neutral to Overweight. Axalta Coating ...

24 Oct, 2019 @ 20:02 by FinancialContent

Short interest on the Nasdaq dipped 0.4% in early October, the exchange said on Thursday.

24 Oct, 2019 @ 19:32 by Seeking Alpha
24 Oct, 2019 @ 16:10 by FinancialContent

Nasdaq Inc (NASDAQ: NDAQ) on Thursday launched a service to increase access to U.S. options market data. Nasdaq Smart Options provides a ...

23 Oct, 2019 @ 13:25 by Seeking Alpha
23 Oct, 2019 @ 11:06 by Seeking Alpha
23 Oct, 2019 @ 10:53 by Seeking Alpha
22 Oct, 2019 @ 21:35 by Seeking Alpha
22 Oct, 2019 @ 21:30 by Seeking Alpha
22 Oct, 2019 @ 12:00 by Seeking Alpha
21 Oct, 2019 @ 15:52 by Seeking Alpha
21 Oct, 2019 @ 13:19 by Seeking Alpha
10 Oct, 2019 @ 21:53 by Seeking Alpha
27 Sep, 2019 @ 12:34 by Seeking Alpha
26 Sep, 2019 @ 12:13 by Seeking Alpha
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20 Sep, 2019 @ 07:57 by Seeking Alpha
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03 Sep, 2019 @ 12:30 by Seeking Alpha
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01 Aug, 2019 @ 18:04 by Seeking Alpha
31 Jul, 2019 @ 17:03 by Seeking Alpha
24 Jul, 2019 @ 13:16 by Seeking Alpha
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24 Jul, 2019 @ 11:03 by Seeking Alpha
23 Jul, 2019 @ 21:30 by Seeking Alpha