It’s no secret that Facebook Inc (Nasdaq: FB) and Snap Inc. (SNAP) are competitors in the booming business of social media. However, Facebook may have taken the competition to the next level with its newly-launched independent Instagram messaging app.
Not even a fresh batch of bitcoin short sellers can slow down the cryptocurrency’s bullish momentum. The price of bitcoin surged once again on Sunday following the launch of bitcoin futures trading, but Loup Ventures analyst Gene Munster says he is seeing even more anecdotal evidence of a bitcoin bubble.
Walt Disney Co. (NYSE: DIS) and Twenty-First Century Fox Inc (FOXA) are reportedly in the final stages of finalizing a deal for Disney to acquire Fox’s film and TV production assets. The deal could have major implications for both Fox and Disney, but it may also be bad news for Netflix, Inc. (NFLX).
After another excellent year in the market, Apple Inc. (Nasdaq: AAPL) now has a market cap of $871 billion, and the $1 trillion mark may be just around the corner.
On Sunday, a new era begins for bitcoin when CBOE Global Markets (CBOE) launches bitcoin futures trading for the first time. But while bitcoin seems to have captured the imagination of the investment community, a man who is considered by many to be the greatest investor of all time says bitcoin is simply a textbook bubble.
The latest data on subprime auto lending paints a mixed picture of the auto industry. The stocks of auto giants Ford Motor Company (NYSE: F) and General Motors Company (GM) are trading at some of the lowest earnings multiples in the stock market on fears that an auto industry downturn is imminent.
Alphabet Inc (Nasdaq: GOOGL, GOOG) had a bit of a hiccup in the past couple of weeks, dropping more than 4.5 percent as investors took profits on 2017 gains. However, the stock has since bounced back, and GBH Insights chief strategy officer and head of technology research Daniel Ives says long-term investors shouldn’t worry about short-term market volatility…
Dollar General Corp. (NYSE: DG) has been one of the stars of a struggling U.S. retail sector in 2017, and that star shone brightly in the third quarter. On Thursday morning, the company reported revenue that topped expectations and mostly maintained its full-year guidance despite taking a hit from hurricanes in the third quarter.
Investors are clamoring for any opportunity to trade bitcoin, and now major market exchanges are battling to be the first to provide that opportunity. This week, CBOE Global Markets announced that it will launch bitcoin futures trading starting on Sunday, eight days ahead of competitor CME Group, Inc. (Nasdaq: CME). Nasdaq (NDAQ) has also said it will…
Amazon.com, Inc. (Nasdaq: AMZN) finally made it Down Under this week, launching its e-commerce platform in Australia. The move is a big step in Amazon’s global push, but analysts say it may take a while for the company to work out the kinks.