Apple recently announced new restrictions on the use of cryptocurrencies on iPhones and iPads, a change first noticed by Apple Insider on Monday. “Apps may not mine for cryptocurrencies unless the processing is performed off device,” Apple’s app store guidelines for iOS now say. This requirement was absent from the same document just a few … Read more
Stocks finished higher ahead of tonight’s historic meeting with President Trump and North Korean leader Kim Jong Un. The President is scheduled to meet with Kim Jong Un this evening around 9:00 pm ET. We’ll see how the outcome of the meeting impacts stocks. But its already helping local markets in in Singapore (where the … Read more
Stocks had a great week, finishing higher for the third week in a row. The S&P and DOW finished at their best levels in almost 3 months. The NASDAQ pulled away from record highs on Thursday, but ended the week with its best weekly close ever. Here’s what traders were focused on last week: Starbucks (SBUX) – Starbuck’s CEO Charles Schultz announced … Read more
Stocks got off to a strong start but couldn’t hold onto early gains. The DOW finished higher, while the S&P finished lower for the first time in 5 days. But it was the NASDAQ that really struggling, lagging behind the major indices. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 … Read more
It was a roller coaster of a day. After opening the session higher, stocks dropped in the afternoon. But a rally into the close helped erase early losses. In the end, stocks were mixed. But the NASDAQ had another record-breaking day. Up 0.4%, the NASDAQ made a new record high and ended the day with a new record close. Today’s ISM … Read more
The S&P 500 today is trying to make it four up sessions in a row, with the month so far all about traders rekindling their love affair with tech. They’re also stringing along Macy’s. But bears can take heart because the world’s biggest hedge fund sounds like it’s on their side. “2019 is setting up … Read more
In an interview on Bloomberg Businessweek on June 5, Adena Friedman, president and CEO of Nasdaq Inc., said that cryptocurrencies are at “the height of a hype cycle” and can become a “financial element of the Internet.” Speaking on how Nasdaq looks at disruptive technologies and instruments like cryptocurrencies, Friedman said that the corporation has … Read more
This is one of the easiest trading concepts to learn, but one that too many traders ignore. This often leads to huge losses or even blown up accounts. So do yourself a favor and take this day’s lesson very seriously. The Concept: Managing Risk Risk management is the most important aspect of being a professional … Read more
Brad Garlinghouse of Ripple told CNBC on Tuesday that Bitcoin will not be the catch-all solution people are hoping for in terms of being a global currency. “I think it’s not going to be the panacea that people once thought it would be, where it would solve all of these different kinds of problems,” Garlinghouse … Read more
Patience has paid off for the founders of GitHub Inc. after Microsoft Corp. agreed to pay $7.5 billion for the coding platform. The all-stock deal is equivalent to 73.8 million Microsoft shares, based on Monday’s closing price. About half of that should pass to GitHub’s three founders, according to an analysis by EquityZen, a marketplace … Read more