Robert Reed: An Amazon-Target deal would mean a very different shopping experience

Sooner rather than later, Amazon is going to buy a big, well-known, traditional retailer. When it does, expect the e-commerce giant to take aim at Target. This is not an idle stretch of the imagination or investor whimsy. A respected tech industry analyst, Gene Munster, has boldly predicted Amazon will acquire Minneapolis-based Target, most likely this… Please follow and like us:

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Cryptocurrency ICOs Must Stop Flying Blind On Money-Laundering Risks

Companies have raised as much as $4 billion this year through token crowd sales, or Initial Coin Offerings, a new mechanism that many startups using blockchain technology in some way have used to bypass traditional venture capital funding routes. That is a lot of money flowing to entities to fund their ideas and develop their products.… Please follow and like us:

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MS: FAANG Hot Streak Coming To An End

Facebook, Apple, Amazon, Netflix, and Google (Alphabet) have been the market’s top stocks in 2017, but what does next year hold for these tech behemoths collectively known as the FAANGs? According to a recent research note from analysts at Morgan Stanley, collectively the FAANGs have added 4.3 percentage points of market capitalization to the S&P 500… Please follow and like us:

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Bitcoin Price Surges Ahead of Derivatives Launch

Bitcoin Price Surges Ahead of Derivatives Launch NEW YORK, December 8, 2017 /PRNewswire/ – The price of bitcoin continues its rally as the demand for the cryptocurrency surges. According to CoinDesk, the world’s biggest cryptocurrency surged past $16,000 for the first time on Thursday, just a day after it crossed the $14,000 mark. Bitcoin was traded… Please follow and like us:

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Why Bitcoin’s Price Will Be Valued At $150,000 By The End Of 2018

Within my daily social life, I often ask people if they know about Bitcoin. For the last few years, most of the responses I received were either “No,” or “Isn’t that what people use for illegal activities?” But towards the end of this year, something changed. People started asking me, “How do I buy it?” and… Please follow and like us:

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Bitcoin Futures, Elon Musk And Michael Novogratz

If there’s one thing you count on with Bitcoin, it’s that the cryptocurrency is never dull. The week, the value of Bitcoin has exploded to a record high. At the time of writing, the price as shown by Coindesk is just under $9,900, near the psychologically important $10,000 level for the first time. In overnight trading,… Please follow and like us:

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Tencent bumps Facebook from top 5

Soft toys promoting QQ, operated by Tencent Holdings Ltd, are displayed at an expo in Guangzhou, Guangdong province, Dec 6, 2016. [Photo/VCG] Dubbed the “anchor” of the benchmark Hang Seng Index, Tencent knocked Facebook off the pedestal to become the fifth-largest company around the world in terms of market value on Tuesday. This came after the… Please follow and like us:

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Embattled GE plans thousands of layoffs amid corporate overhaul

Embattled industrial giant General Electric announced a massive restructuring plan on Monday that includes thousands of job cuts and sales of some units as the new management tries to right the corporate ship. Newly-installed CEO John Flannery rolled out the plan to investors in New York, describing a moment of reckoning for the company amid falling… Please follow and like us:

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Exxon Mobil loses top spot in global energy ranking to Russia’s Gazprom

DALLAS — Exxon Mobil has lost the top spot in the S&P Global Platts Top 250 Global Energy Company Rankings for the first time since 2004. The energy giant — with a market capitalization of $343 billion — slipped to number nine, while Russian state-owned Gazprom moved up two places to number one. San Antonio-based Valero… Please follow and like us:

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Current Stock Valuations Suggest Market Is Shaky

Stock market crash There seems to be no shortage of analysts willing to justify the current level of the market. As investors continue to pour money into ETFs to track the market’s gains, Wall Street analysts are only too happy to produce valuation models adjusted to hit at the best outcome. Analysts at Barclays have even… Please follow and like us:

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