Leading cryptocurrencies, including bitcoin and Ethereum, tumbled after Bloomberg reported that digital currency exchange Bitfinex was subpoenaed by the U.S. Commodity Futures Trading Commission. In addition to the Bitfinex subpoena, South Korea has begun implementing a new set of stricter cryptocurrency regulations, and the U.S. Securities and Exchange Commission stepped in to halt a $600 million…
There will soon be a new competitor in the electric vehicle market, and this one will not be the four-wheeled variety. This week, Harley-Davidson Inc (NYSE: HOG) announced it plans to have a fully electric motorcycle on the market within 18 months, but investors weren’t particularly impressed by the news.
The eventful January continued for Facebook, Inc. (Nasdaq: FB) investors on Tuesday after the company announced it will make changes to emphasize local news in users’ News Feeds.
McDonald’s Corporation (NYSE: MCD) reported another impressive quarter on Tuesday morning, beating analyst estimates on earnings, revenue and same-store sales in the fourth quarter. McDonald’s also says it plans to continue to heavily invest in is Experience of the Future initiative in 2018.
After a spectacular run in recent years, Netflix Inc. (Nasdaq: NFLX) stock is already up another 46 percent in January on the strength of blowout fourth-quarter subscriber growth numbers. Incredibly, even after the stock’s massive earnings spike, MKM Partners analyst Rob Sanderson says investors still aren’t fully appreciating Netflix’s growth potential.
Facebook, Inc. (Nasdaq: FB) users are starting to receive notifications in their News Feeds to perform a “privacy checkup” as part of the company’s new initiative to keep users better informed about privacy issues and make it easier for them to manage settings.
Lockheed Martin Corporation (NYSE: LMT) continued its hot start to 2018 on Monday when the company reported big fourth-quarter earnings and revenue beats and said its balance sheet and backlog are strong headed into 2018.
Cryptocurrency investors have been itching for some crypto-themed exchange-traded funds, but regulatory concerns have kept the options limited up to this point. A pair of new blockchain ETFs launched this month, and record inflows suggest a huge appetite among ETF investors.
Apple Inc. (Nasdaq: AAPL) is just days away from clearing up all the market noise and setting the record straight on its iPhone sales numbers. Apple stock took a beating last week, falling more than 4 percent on a new wave of negative iPhone commentary from Wall Street analysts, but the common theme among those analysts seems…
Starbucks Corporation (Nasdaq: SBUX) stock was down nearly 5 percent Friday after the company’s fiscal first-quarter holiday sales numbers came up short of analyst expectations. Some Wall Street analysts say long-term investors should shrug off the bad quarter, but others aren’t so certain.