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Showing posts with the label CCN Markets

JPMorgan's Advice for Navigating Wild Stock Market Swings: BTFD

Two top JPMorgan analysts are encouraging investors to keep calm during any forthcoming stock market downturns and to buy when the Dow Jones tumbles. Why? Because they say the dips are temporary and the stock market will eventually recover any of its lost gains. JPMorgan: Stock market will regain previous highs JPMorgan quant guru Marko […] The post JPMorgan's Advice for Navigating Wild Stock Market Swings: BTFD appeared first on CCN Markets from CCN Markets https://ift.tt/2YwcmHk

Reddit Co-Founder to Stream Blockchain Game Skyweaver Face-Off

Reddit co-founder, Alexis Ohanian, will be live-streaming a face-off match between himself and the lead developer of the latest collectible card game to hit the blockchain, SkyWeaver. Ohanian, also known as kn0thing to Redditors, has famously invested in numerous successful startups. He is now playing his hand in the crypto space thanks to his latest […] The post Reddit Co-Founder to Stream Blockchain Game Skyweaver Face-Off appeared first on CCN Markets from CCN Markets https://ift.tt/2yMWPDD

Google's Stock Now Has a Greater Chance of Crashing on DOJ Probes

President Donald Trump attacked Google CEO Sundar Pichai in his latest tweetstorm. It’s standard Donald Trump to jawbone at his opponents, and Google would be wise to pay attention. Donald Trump usually follows his attacks with real action. Check out what @Google is up to for the 2020 election! #KAG2020 pic.twitter.com/roM2WNmUSP — Donald J. Trump […] The post Google's Stock Now Has a Greater Chance of Crashing on DOJ Probes appeared first on CCN Markets from CCN Markets https://ift.tt/2MIxgvB

Elon Musk Beware Because Jeff Bezos Has $3B to Burn on Blue Origin

It looks like Elon Musk is having a great week. SpaceX’s starship projects appear to be progressing nicely, and the Tesla CEO is dreaming of Mars more fervently than ever. Unfortunately for Musk, his greatest rival and the world’s richest man, Jeff Bezos, just sold a record amount of Amazon stock ($2.8 billion) which he […] The post Elon Musk Beware Because Jeff Bezos Has $3B to Burn on Blue Origin appeared first on CCN Markets from CCN Markets https://ift.tt/2M498UP

Amazon Lost More Value Since July Than 2.5 Times Tesla’s Market Cap

Amazon stock's market value fell by a whopping $28 billion in Monday’s stock market slaughter. Since July 18, when Amazon reported its quarterly earnings, it’s market value has declined by $103 billion. How huge is this loss? Let’s put it into perspective and then figure out why AMZN stock is getting hit so hard. Amazon […] The post Amazon Lost More Value Since July Than 2.5 Times Tesla’s Market Cap appeared first on CCN Markets from CCN Markets https://ift.tt/2YwQpYQ

Tesla’s Latest Sales Pitch Will Blow Up Just Like Its Cars

You have to give Elon Musk a lot of credit. By creating some kind of news every single day about any one of his ventures, he is not only guaranteed to always be in the news, but he's able to create a smokescreen that distracts people and investors from the fact that he's just selling […] The post Tesla’s Latest Sales Pitch Will Blow Up Just Like Its Cars appeared first on CCN Markets from CCN Markets https://ift.tt/2Zz2DfD

Stock Market's Stuck, Revisits 2018 Levels from When Trade War Began

With both the Dow Jones and S&P 500 hitting record highs recently, you would be forgiven for thinking that Donald Trump’s stock market has been a runaway success. However, the recent trade war turmoil has shed light on an extraordinary fact: the Dow and S&P have gone nowhere since the tariffs began in 2018. The […] The post Stock Market's Stuck, Revisits 2018 Levels from When Trade War Began appeared first on CCN Markets from CCN Markets https://ift.tt/33hpLSu

Stock Market Investors Might Want to Be Greedy & Pile into Square

The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren Buffett famously says, “Be fearful when others are greedy and greedy when others are fearful.” If he’s right, then now’s the perfect time to pile into payments company […] The post Stock Market Investors Might Want to Be Greedy & Pile into Square appeared first on CCN Markets from CCN Markets https://ift.tt/2ZvLnrI

NBA & CryptoKitties Creator Team Up, Could Bring Blockchain to Masses

The National Basketball Association has long been known as one of the most progressive sports leagues in the world. They’re continuing their forward-thinking today with the announcement of the new blockchain-based game, NBA Top Shot. The NBA, along with the National Basketball Players Association (NBPA), has teamed up with Dapper Labs to create a blockchain-based […] The post NBA & CryptoKitties Creator Team Up, Could Bring Blockchain to Masses appeared first on CCN Markets from CCN Markets https://ift.tt/2Ov9oyd

Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra

Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark Tank guest, has already called Facebook’s new digital currency “dangerous” and “a big mistake.” Now he’s doubling down on that prediction, suggesting that it could be even worse than he […] The post Tech Billionaire Mark Cuban Doubles Down on Potentially Deadly Libra appeared first on CCN Markets from CCN Markets https://ift.tt/2YzXEOO

Electronic Arts Rises on Earnings Because Games Are Killing It

Electronic Arts delivered middling earnings and a revenue beat, which investors apparently approve of enough to send the stock higher by 5 percent in after-hours trading.   With the gaming industry constantly going through changes, it’s critical to stay on top of what the numbers say and mean in order to avoid getting caught in […] The post Electronic Arts Rises on Earnings Because Games Are Killing It appeared first on CCN Markets from CCN Markets https://ift.tt/2MB6s0z

Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter. But Allaire, who is testifying in front of […] The post Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra appeared first on CCN Markets from CCN Markets https://ift.tt/2yqCVxW

William Shatner’s Possible Return to Star Trek Would Be Good for Crypto

For those who think Star Trek legend and crypto fan William Shatner is no longer relevant, they should think again. For instance, Quentin Tarantino, who is behind “Once Upon a Time in Hollywood,” recently talked about how much he liked the 88-year-old, making him a candidate for a role in the director’s much talked about […] The post William Shatner’s Possible Return to Star Trek Would Be Good for Crypto appeared first on CCN Markets from CCN Markets https://ift.tt/3104FWv

Jeremy Lin’s $65 Million a Cold Comfort as NBA Champ Hits Rock Bottom

Former New York Knicks star Jeremy Lin had a public meltdown recently. He revealed that he feels he’s at “rock bottom” but just keeps sinking lower and lower as the NBA has seemingly “given up” on him at age 30. That’s despite him earning many millions, winning an NBA championship, and becoming Harvard’s most famous […] The post Jeremy Lin’s $65 Million a Cold Comfort as NBA Champ Hits Rock Bottom appeared first on CCN Markets from CCN Markets https://ift.tt/2K8xQzT

Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch

The Doom games have received many re-releases over the years to more or less success, including a full reboot in the Spring of 2016. Most recently, 1993’s Doom, Doom II, and Doom 3 were rereleased by current series publisher Bethesda, which received a good deal of backlash in the process. On July 26, Bethesda rereleased […] The post Gaming Publisher Bethesda Backpedals after Botched Doom Relaunch appeared first on CCN Markets from CCN Markets https://ift.tt/2GvCEP2

Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings

Quarterly earnings from Google parent Alphabet showed strong advertising growth. As a result, Alphabet’s stock exploded upwards by $96, or 8.5 percent, in after-hours trading. Does this signal a new upside push for FAANG stocks and tech stock bull market? Despite Amazon’s earnings miss, and the threat of a DOJ antitrust inquiry haunting the sector, things look […] The post Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings appeared first on CCN Markets from CCN Markets https://ift.tt/2SEh0g3

Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading

Amazon stock is down about $15, or 1 percent, in after-hours trading after the company missed earnings estimates by 6 percent. The e-commerce giant did manage to beat the revenue estimate by about 1 percent. Results do not include Prime Day. Amazon’s Revenue Now Half of Walmart’s Amazon continues to crush the retail and cloud […] The post Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading appeared first on CCN Markets from CCN Markets https://ift.tt/2Mezx1x

Tesla’s Quarterly Loss Surprises No One, Stock Rightfully Tanks

To the surprise of nobody, Tesla reported a loss this past quarter along with a ton of cash burn. Let’s look at the headline numbers and then parse why this is another disaster for Tesla, no matter what the bulls say. Ugly Numbers Tesla lost $1.12 per share versus the expected loss of $0.31 per […] The post Tesla’s Quarterly Loss Surprises No One, Stock Rightfully Tanks appeared first on CCN Markets from CCN Markets https://ift.tt/2Mb5qrH

Chargers Star Russell Okung Is Pumping Bitcoin at NFL Training Camp

Russell Okung is prepping his team for the NFL season the best way he knows: by talking about bitcoin. The two-time pro-bowler tweeted out today that the first conversation of the San Diego Chargers training camp revolved around the flagship cryptocurrency.  First @NFL training camp conversation: Bitcoin. 🤷🏾‍♂️ — Russell Okung 🇳🇬 (@RussellOkung) July 24, […] The post Chargers Star Russell Okung Is Pumping Bitcoin at NFL Training Camp appeared first on CCN Markets from CCN Markets https://ift.tt/2SAkPDc

Justin Sun Issues Strange Apology in Wake of Warren Buffett Debacle

Justin Sun, who is in San Francisco, made a very strange post on Chinese social media site Weibo today. Repeatedly apologizing for his recent “over-marketing,” Sun praised China’s brand of socialism. Sun Praises Socialism and Publication That Attacked Him He also praised Caixin, a publication which he had accused of libel the previous day: “Caixin […] The post Justin Sun Issues Strange Apology in Wake of Warren Buffett Debacle appeared first on CCN Markets from CCN Markets https://ift.tt/2GqpQZW