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General Electric (NYSE:GE) stock, once among the most boring names in the Dow Jones Industrial Average, is now facing constant danger. Source: Shutterstock It met earnings guidance for the first quarter but its asset sale to Danaher (NYSE:DHR) may be in trouble. Fears over its pension liability may be overblown but it has a grim future.
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People really do seem to be buying things with cryptocurrency. Announced today, Coinbase Commerce – the exchange unicorn’s app for online retailers – has exceeded $50 million in transactions since launching in February 2018. “Volumes really started picking up in Q2 [2019],” Justin O’Brien, the product lead for Coinbase Commerce, told CoinDesk in a phone call.
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“We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wendesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether (ETH).
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U.S. equities are on the slide again on Wednesday as the U.S.-China trade standoff continues to devolve into an outright trade war. President Trump is looking at expanding the number of Chinese firms that will lose access to American technology — widening the crackdown on Huawei. China, in response, has begun to call for a
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The booster of SpaceX’s Falcon 9 rocket lands on the company’s barge after launching the Spaceflight SSO-A mission. SpaceX Elon Musk’s SpaceX, in a previously secret lawsuit revealed on Wednesday, challenged the Air Force awarding $2.3 billion in rocket development contracts last year to competitors Blue Origin, Northrop Grumman and United Launch Alliance, which is a
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As far as newly minted stocks go, China’s electric car maker Nio (NYSE:NIO) is off to a miserable start. Nio stock, currently trading near $4.00, is now down more than 30% from its September IPO price. Perhaps the startup isn’t the next Tesla (NASDAQ:TSLA) after all. Source: Shutterstock Or maybe it is — and investors only
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