Month: October 2018

Bitcoin may not have the trust of Wall Street institutions just yet, but millennials are all in. Blockchain Capital recently conducted a study of 2,000 millennials (aged 18-34) and asked them to make a theoretical choice between owning $1,000 in bonds or stocks and $1,000 in bitcoin: Thirty percent chose bitcoin. While bitcoin saw quadruple-digit gains in 2017,
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U.S. stock futures are trading broadly higher as traders return from the weekend. One of the biggest news items bolstering buying appetite is IBM (NYSE:IBM) buyout of Red Hat (NASDAQ:RHT) for $190 per share. The total price tag comes out to approximately $33 billion in cash and represents the tech giant’s largest acquisition ever. Against
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It’s open enrollment season, which for many workers, might not mean much. That’s a costly misconception. Nearly half of all employees spend 30 minutes or less reviewing their benefits before enrolling, according to recent research by employee benefits provider Unum. The vast majority, or 93 percent, choose the same benefits year after year rather than
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The correction that’s been rolling across the stock market in individual stocks and sectors has been sending a warning that slower global growth, a stronger dollar and rising costs could hurt corporate profits, and now companies are confirming it. Caterpillar and 3M reported earnings news that disappointed the Street. Both spoke about rising costs. Caterpillar
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The stock market is on pace for its worst October since the financial crisis. But the Federal Reserve can reverse the damage by stepping away from its current interest rate hike policy, according to veteran investment strategist Ed Yardeni. “We need the Fed to pause here and just take a breather,” the Yardeni Research President
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When the chips are down, it sometimes spells trouble for the broader market, and that’s what’s worrying some investors this week. Several semiconductor companies are stumbling over their own problems, but collectively the sector’s sloppy performance and increasingly cautious outlooks are ringing warning bells for technology and the broader stock market. Advanced Micro Devices was
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Many investors such as Warren Buffett have made fortunes buying stocks at the bottom. Any number of things can turn yesterday’s stocks to buy into today’s stocks to sell. Changing buying habits, evolving consumer tastes, falling demand, poor management, high debt levels and many other factors can send stocks falling to multi-year lows. But how
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Roku (NASDAQ:ROKU) has only been around for about 16 years now, but it has become the go-to streaming platform in that short amount of time. What’s a streaming platform? Well, in the old days — like two years ago — cable television was king. If you were a consumer, you paid a provider (or if
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Amazon (NASDAQ:AMZN) has made repeated headlines about its impending expansion into the healthcare. From teaming up with JPMorgan (NYSE:JPM) and Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to form a still-vague healthcare alliance, to buying Pill Pack, Wall Street is ready for the e-commerce giant to “disrupt” the healthcare sector next. But the truth of the matter is, Amazon is
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