Category Archives: Markets

Apple’s guidance for this quarter could be really bad, BTIG analyst says

  Apple will give a forecast for this current quarter that may be shockingly low, according to a BTIG analyst Walter Piecyk. “Smartphone upgrade rates remain at record low levels and do not appear poised to rebound in the first

Four triggers could cause a huge cryptocurrency crash

        If it’s true that the bigger they are, the harder they fall, then cryptocurrencies have been gearing up for a tremendous decline. But, then again, maybe this is just the start for the great crypto bull

South Korea to ban cryptocurrency traders from using anonymous bank accounts

  South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, the nation’s financial regulator said on Tuesday. Local cryptocurrency traders will not be allowed to make deposits into their virtual coin exchange wallets

Bank of America loses its second head of tech and media banking in less than a year

Bank of America’s global head of technology, media and telecommunications investment banking Anwar Zakkour is planning to depart to pursue other opportunities, according to an internal e-mail obtained by CNBC and confirmed by a bank spokesman. His departure marks the

Bitcoin-crazy South Korea may face a ban on cryptocurrency trading

Bitcoin trading could soon be outlawed in one of the virtual currency’s biggest markets. The South Korean government is preparing a bill to ban trading in all cryptocurrencies including bitcoin, Justice Minister Park Sang-ki said Thursday. “There are great concerns

Three rate hikes by the Fed in 2018 would be problematic for markets

The current bull run in markets would be derailed if the U.S. Federal reserve hikes rates three times this year, investing expert Michael Yoshikami told CNBC on Wednesday. That prediction comes after the latest projections from the Federal Open Market

Alibaba will ‘seriously consider’ Hong Kong listing, says founder Ma

Alibaba Group Holding LTD will “seriously consider” listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings. Ma made the comments at an event in

The world’s eight richest people have same amount of money as half the world’s poor: Oxfam

Eight billionaires from around the globe are as rich as the 3.6 billion people who make up the poorest half of the world’s population, according to a report published by Oxfam on Monday. The report is timely as the global

‘I don’t see how you can’t be bullish in this environment’

With a healthy rally taking U.S. markets into 2017, it’s smart to be bullish on the new year’s opportunities, despite the potential for a pullback, technical analyst Katie Stockton told CNBC on Thursday. “I don’t see how you can’t be

This chart shows why one technical analyst is still a big bull

After a great 2016, 2017 will be another good year for stocks, according to Piper Jaffray senior technical research analyst Craig Johnson. “You can see after 2016 and 2015, you were in this kind of consolidation period, we finally broke