Month: January 2018

On a sweltering early summer afternoon in Miami’s Little Havana, President Donald Trump told a cheering Cuban-American crowd that he was rolling back some of Barack Obama‘s opening to Cuba in order to starve the island’s military-run economy of U.S. tourism dollars and ratchet up pressure for regime change. That doesn’t appear to be happening.
0 Comments
Hargreaves raised his price target to $270 from $230 for Netflix shares, representing 23 percent upside to Thursday’s close. The analyst noted a recent report from the International Telecommunication Union that revealed broadband internet access was rising worldwide faster than expected. That makes Netflix’s potential market bigger and “prompts a corresponding increase to our estimates
0 Comments
“Defendants also solicited ‘lifetime’ memberships in a more exclusive trading sector that would provide greater opportunities to profit from virtual currency trading,” the complaint said. “For example, one such opportunity purported to offer profits as much as 300% return on an investment in less than a week.” The domain Cabbage.tech appears for sale at $3,999,
0 Comments
Despite the #MeToo movement shining light on the issue of sexual harassment in the workplace — and taking down a number of high-profile alleged perpetrators in the process — it appears many victims remain silent. Of the 12 percent of workers who say they’ve experienced sexual harassment on the job, 72 percent have not reported
0 Comments
The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Citigroup. Karen Finerman was a buyer of ProShares UltraShort 20+ Year ETF. Dan Nathan was a buyer of IBM. Guy Adami was a buyer of Cypress Semiconductor. Trader disclosure: On January 18, 2018, the following stocks and
0 Comments
Payment company Square is “analogous to Amazon or Google in their early days” but Wall Street is valuing the stock all wrong, according to Nomura Instinet The firm reiterated its buy rating on the company’s stock on Friday, calling big gains in 2018 as the company disrupts the payments industry. The San Francisco-based company’s climb
0 Comments
“See, technology itself will not determine the future we get, our choices will. Leadership will.” “I believe in positive, ambitious leadership. I don’t believe leaders should prey on the anxiety of the disenfranchized. Leadership should be focused on extending the ladder of opportunity to everyone, on pursuing policies that create growth and on ensuring that
0 Comments
Netflix looks attractive heading into its quarterly earnings report being issued Monday afternoon, even after a massive run, strategist Mark Tepper says. Netflix shares have jumped 15 percent this year alone, and a whopping 65 percent in the last year. Shares rose over 1 percent on Thursday after Morgan Stanley released a bullish note on
0 Comments
The U.S. Securities and Exchange Commission indicated Thursday it would not be open to approving cryptocurrency exchange-traded funds until concerns related to rules aimed at protecting investors are addressed. “We believe … that there are a number of significant investor protection issues that need to be examined before sponsors begin offering these funds to retail
0 Comments
Despite its recent price whipsaw, bitcoin has gained legitimacy with investors and is here to stay, according to Spencer Bogart, a partner and head of research at Blockchain Capital. Bitcoin has been on a jolting ride this year after soaring more than 1,200 percent in 2017. It rose 30.9 percent Thursday, to top $12,000 after
0 Comments