Month: June 2019

Facebook announced its cryptocurrency, called Libra. Chesnot | Getty Images News | Getty Images The cryptocurrency industry cannot get enough of Libra, touting its ability to gain mainstream adoption which bitcoin strived to do for years. “Libra is potentially one of the most positive external tailwinds in Bitcoin in its 10-year history,” said Spencer Bogart,
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Adobe’s upcoming earnings report could be a moment for traders to cash in. The options market is implying about a 4% move in either direction for shares of the cloud giant after it issues fiscal second-quarter results, Dan Nathan, co-founder and editor of RiskReversal.com, said Monday. “That’s in line with the average over the last
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Blockchain experts on Tuesday said Facebook’s new Libra cryptocurrency promises to introduce introduce billions of new users to the world of digital coins, but there are several concerns over how the social network’s checkered past when it comes to trust and privacy could impact the new currency. Facebook on Tuesday unveiled its long-rumored digital coin
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U.S. stock index futures were mixed Tuesday morning, as market participants braced for the first day of the Federal Reserve‘s interest rate meeting. At around 02:00 a.m. ET, Dow futures dipped 25 points, indicating a negative open of more than 15 points. Futures on the S&P and Nasdaq were seen pointing in opposite directions. Market focus is largely attuned
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The United States as a nation should provide monetary help to groups who have been “disproportionately discriminated against historically,” says former Facebook executive Chris Hughes, who has been working to reduce income inequality. The Facebook co-founder, a supporter of providing people in need with a basic income supplement, told CNBC’s “Squawk Box” he met Aisha Nyandoro, CEO of
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Andy Warhol’s artwork, ‘Silver Car Crash (Double Disaster)’ is displayed while being auctioned at Sotheby’s on November 13, 2013 in New York City. Andrew Burton | Getty Images Check out the companies making headlines midday Monday: Sotheby’s — Sotheby’s shares jumped 57.2% on news that European art collector Patrick Drahi planned to acquire the art
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Facebook’s founder and CEO Mark Zuckerberg speaks to participants during the Viva Technologie show at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. Chesnot | Getty Images RBC Capital Markets believes that Facebook has a “crypto opportunity,” explaining in a note to investors the firm’s high expectation for the tech giant’s coming
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In this May 6, 2012, photo, a woman enters a Wells Fargo bank in New York. Cx Matiash The Great Recession has officially been over for a decade. For many Americans, there’s little reason to celebrate. Many people’s finances haven’t recovered from the recession’s blows, according to a new survey by personal finance website Bankrate.com.
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