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The trading of Contract for Difference (CFD) assets is now a popular feature on many forex trading platforms. A CFD is a derivative contract which is based on the differences in the price of the underlying asset over time. The buyer of the CFD hopes to profit if the price at which the contract ends…
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A former employee of Tesla Motors has admitted to stealing the Autopilot source code of the company and uploading it to his iCloud. He later took the code to the Xiaopeng Motors, a Chinese startup. Former Tesla engineer admits wrongdoing Guangzhi Cao was formerly working as an engineer in Tesla and admitted to court this…
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As German bonds offer little positive yields, they may soon sink into the negative yielding territory and this poses a major threat to the market. Germany’s 30 year yields are on the brink of moving into the negative territory, a turn of events that would be the first among all the major bond markets. The…
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Executives on Wall Street are warning that a trading slowdown is around the corner as client activity has decreased considerably, and investment-banking revenue has experienced a challenging start to June. Wall Street not hopeful of a good second quarter Morgan Stanley’s chief executive officer James Gorman said on Tuesday that he would be very surprised…
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The government regulator, Federal Trade Commission (FTC) may soon launch an anti-trust investigation into Amazon’s Prime services and how the company competes with sellers on its own marketplace. Amazon will face anti-trust probe While Amazon will not be the only tech giant facing the anti-trust probe, it would be one of the more significant ones….
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The prospects for the Extension of bull-run are strong: The U.S. stock markets have been booming since hitting December lows. This year is turning to be the best year in more than two decades for stocks. The major contributor for one of the best bull-run in years is prompted by accommodative Federal Reserve and strong…
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Hedge funds had more confidence in Microsoft Corporation . In May, Sanford Bernstein reasserted its view of the Windows giant and kept the company rated as “Outperform”. MSFT has outdone the S&P 500 by 17.82 percent. The last Microsoft earnings call revealed a yearly $2.27 EPS. Predictions put earnings per share for the current year…
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It’s not unusual for cybersecurity shares to see increased favor after major cyber attacks. This week sees that trend continue on a mega-scale. The leading vendors of cyber safety services are watching their shares rise this Monday. The spikes come after a series of major PC attacks, particularly ransomware, came to fore over the weekend….
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The Syrian Pound has never been a strong currency, but the conflict has caused it to significantly depreciate relative to other currencies. Syria’s weaker currency means that it is more expensive for Syrian firms and consumers to import goods. It also means that Syria’s exports are more affordable. Although Syria is under international economic sanctions,…
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Tesla Motors Inc stock was trading around $204 when one trader on Thursday morning spent $1.3m on a bet that the stock would hike up 15% in a time period of one month. One trader’s plan is to make millions of dollars by betting on Tesla’s stock, notes a report from CNBC. Potential gain of around…
