David Paul Morris | Bloomberg | Getty Images The silhouette of Mark Zuckerberg, chief executive officer and founder of Facebook Inc., is seen during the Oculus Connect 4 product launch event in San Jose, California, on Wednesday, Oct. 11, 2017. Germany started enforcing on Monday a controversial hate speech law …
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High-flying Amazon’s record run will continue into next year. That’s according to Todd Gordon, founder of TradingAnalysis.com, who says the charts are pointing to record highs for Amazon in early 2018. The online retailer has already surged 58 percent this year, and Gordon says the stock is poised to exceed …
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Getty Images Apple employees cheer as the doors are opened for customers at the Fifth Avenue Apple Store, September 22, 2017 in New York City. It’s been a wild year for the tech and media worlds in 2017. We have seen gigantic mergers like AT&T with Time Warner, as well …
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Ripple rose more than 9 percent Wednesday, coming within 10 cents of its all-time high. The gains followed news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a “consortium” with some Japanese credit card companies to utilize blockchain technology, according to …
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Chris Jung | NurPhoto | Getty Images Excited newly-released iPhone X customers in Kuala Lumpur, Malaysia. Apple iPhone X sales are solid despite recent negative media reports to the contrary, according to one Wall Street firm. Rosenblatt Securities reiterated its buy rating and $180 price target on Apple shares, predicting …
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Peter Parks | AFP | Getty Images Elon Musk, founder of SpaceX speaks at the 68th International Astronautical Congress 2017 in Adelaide on September 29, 2017. Tesla CEO Elon Musk asked his 17.1 million Twitter followers for feedback Tuesday, saying he wants to know find out how the auto and …
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The only major Wall Street strategist to formally cover bitcoin raised his price target on the digital currency the day of a massive price rout. “We are buyers of bitcoin on this pullback,” Fundstrat co-founder Tom Lee said in a Friday note. “The intrinsic/fundamental value of bitcoin has risen in …
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SeongJoon Cho | Bloomberg | Getty Images Pedestrian look at monitor showing the prices of virtual currencies at the Bithumb exchange office in Seoul, South Korea, on Friday, Dec. 15, 2017. The extreme volatility in bitcoin or blockchain-related shares proves once again stock prices are not always efficient, but can …
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Patrick T. Fallon | Bloomberg | Getty Images Eric Schmidt, Alphabet Inc. Chairman Eric Schmidt will be stepping down as the executive chairman of Alphabet’s board of directors and transitioning to technical advisor, the company announced. He will continue to serve on the company’s board. Schmidt first joined Google as …
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First, Ross pointed to a ’90s tech darling: Microsoft. “It really doesn’t get any better than this,” he said Wednesday on CNBC’s “Trading Nation.” According to the technician, the stock has just broken out of a 17-year base, which he says is a rare occurrence. But on top of that …
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