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Monthly Archives: July 2017

Hackers Threaten ‘Game of Thrones,’ as HBO Confirms Cyberattack

Photo The actress Maisie Williams in a scene from “Game of Thrones.” Credit Helen Sloan/HBO HBO confirmed on Monday that the network had been the target of a cyberattack, as an anonymous hacker boasted about leaking full episodes of upcoming shows along with written material from next week’s episode of …

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Bitcoin to surge nearly 80% to $5,000, Standpoint’s Moas predicts

After testing out digital currencies earlier this month, independent stock research analyst Ronnie Moas on Sunday published the first two parts of his 122-page report on bitcoin and other digital currencies. “In my view, the genie is out of the bottle, and cryptocurrencies will continue to rise and take market …

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Oil’s break to upside far from over, says technician who predicted rally

Crude oil just hit its highest level in two months and is up more than 8 percent in the past four days as of Friday — and the technician who correctly called the move said the rally is far from over. In a recent interview on CNBC’s “Futures Now,” Scott …

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An Encore for the Native Americans Who Shook Up Rock ’n’ Roll

For every Redbone, the ’70s rockers who openly embraced their Indian roots, there were dozens of others who did not. For many, there was little upside to it. “Around the time when ‘Rumble’ came out, there was the Hayes Pond incident, where this Grand Dragon was preaching from the backs …

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Why July may have set up the stock market for a very good year

The stock market’s strong July performance may ward off some of the negative action that often comes in late summer — and set up 2017 for more sharp gains. While strategists warn the usually rocky late summer period would be a logical time for a pullback, technicians at Strategas point …

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China’s $300 million investment in Abu Dhabi Ports is a ‘milestone’

Gabriela Maj | Bloomberg | Getty Images Cranes stand on the quayside at Khalifa Port on April 26, 2012. Five Chinese companies have agreed to spend a total of $300 million in a deal with Abu Dhabi Ports, deemed a “milestone” by CEO Mohamed Juma Al Shamisi. The companies hail …

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Companies say Apple removed their privacy apps from China

Zhang Peng | LightRocket | Getty Images An Apple store in Hangzhou, China. China appears to have succeeded in eliminating software programs that enable its people to view an uncensored internet. Companies that let people avoid the government filters said Saturday that their programs have been removed from Apple’s app …

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Cowen says Microsoft’s profitability worries are overblown, predicts more than 15% rally

Amit Madheshiya | Bloomberg | Getty Images Satya Nadella, chief executive officer of Microsoft Microsoft shares are falling in part because the company gave declining profit margin guidance for the next fiscal year during its mid July earnings report. However, Cowen predicts the worries are overstated and the software giant …

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‘It will be handled. We handle everything’

Getty Images President Donald Trump makes remarks during a meeting of his cabinet, including (L-R) Defense Secretary James Mattis, Commerce Secretary Wilbur Ross and Transportation Secretary Elaine Chao at the White House on July 31, 2017 in Washington, DC. President Donald Trump on Monday pledged to “handle” North Korea’s belligerence …

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Charter stock jumps 7% on SoftBank reportedly planning a direct bid

Tomohiro Ohsumi | Getty Images SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on May 10, 2017 in Tokyo, Japan. Shares of Charter Communications shot up 7 percent in trading Monday on talk the Japanese conglomerate SoftBank Group will make a direct bid …

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