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Intel (NASDAQ: INTC) stock price has been under pressure over the last couple of months amid increasing competition from AMD. INTC shares plunged from 52-weeks high of $58 at the beginning of the second quarter to $46 at present. Investors believe that three innovative products from AMD could snatch a big market share from Intel….
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Twitter, the social media platform that’s already viewed as somewhat divisive thanks to its Founder and CEO Jack Dorsey, has been running ads for Xinhua News, a Chinese news publication going after the protestors in Hong Kong, reports The Next Web. The promotions were done via promoted tweets, according to the Pinboard Twitter account, which…
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Last year, Bakkt, a platform being built for securely trading and holding cryptocurrencies, applied for the ability to hold Bitcoin futures on its platform. As of today, that vision is finally being realized thanks to a contract approved by the New York State Department of Financial Services. According to a blog post via the company,…
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The Commodity Futures Trading Commission (CFTC) announced a $16 million penalty on Heinz Co and Mondelez International Inc. in a 2015 case related to wheat price manipulation. Wheat futures burn the companies Kraft Heinz (known as Kraft Foods in 2015), alongside Mondelez, bought December 2011 wheat futures worth $90 million. According to the CFTC, the…
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American EV manufacturing company Tesla is quickly becoming a favorite of short-sellers in the stock market. Elon Musk’s company’s shares have already dropped by 30% this year. Bears rejoice The constant tug of war between the bulls and bears has a decisive winner, at least for now. As far as Tesla is concerned, bears are…
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A new privacy controversy is arising for social media giant Facebook, which had onboarded contractors to transcribe audio messages of its users. The company has stopped the practice after other tech firms were scrutinized for the same practices. The rise of a new issue While privacy issues on Facebook are not uncommon, the company’s recent…
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While energy stocks are making a killing, it is important for investors to invest in some alternative energy stocks as well. This will help you make your portfolio more balanced and bring in a good short-term as well as long-term growth prospects. The good thing about these stocks is that they have tremendous potential. As…
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Peer Funding, a “business only multi-product” peer-to-peer lending platform, will be shutting down in half a month starting September due to failure to bring in additional funding, reports Peer2Peer Finance News. The lender, which has failed to participate in trading for a while now, sent out an email to investors this Thursday informing them that…
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Robinhood Broker Review:
How does the platform work, what are the user requirements, pros and cons? Read about all these here.
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Unfortunately for the computer giant, IBM reported a lower earnings forecast this year in its latest quarterly report. This change is mostly due to the company acquiring Red Hat, an “American multinational software company providing open-source software products to the enterprise community,” last month. According to CNBC, this lowering “reflects a $2.2 billion purchase-accounting adjustment”…
