Tag Archives: Stock

Facebook stock dips after the platform deprioritizes publishers

Facebook shares fell around 5 percent on Friday following the news that the company would retool its News Feed to boost social interactions over stories from publishers. Mark Zuckerberg announced the news on Thursday evening in a post on his own Facebook page to expected investor skittishness. “I want to be clear: by making these changes, I expect the time ...

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Facebook stock plunges on news feed overhaul

Shares in Facebook dropped by more than 4 percent ahead of Friday’s opening bell after the CEO announced changes to the platform’s centerpiece news feed, which he said would hit user engagement in the near term. The company is planning to change the filter for its news feed to prioritize what friends and family share, while reducing the amount of ...

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Kodak stock doubles as photo-giant joins cryptocurrency frenzy with ‘KODAKCoin’

Published time: 10 Jan, 2018 09:28 Edited time: 10 Jan, 2018 10:18 Shares in 130-year-old Eastman Kodak surged 60 percent on surprise news that the tech corporation is planning to launch its own digital currency, based on the platform that works on blockchain technology. In cooperation with WENN Digital, the one-time leader in photography is going to create an image ...

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Bitcoin implosion could ‘spill over’ into stock market – Wells Fargo

Published time: 26 Dec, 2017 09:17 Stocks could easily get dragged into chaos if the cryptocurrency boom goes bust, according to Wells Fargo Securities, which warns the unusual activity in the crypto market could lead to one of the most epic bubbles of all time. Read more “There is a significant amount of froth in the crypto markets. We do ...

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Twitter is soaring today as its stock hits a high for the year

Twitter is finally having a good day on Wall Street as it heads into the final weeks of the year, and this time around it may be a result of a little bit of optimism from investors. There were two big moves for the company today: first, Twitter said it would begin enforcing new rules related to how it handles ...

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US stock market has 70 percent chance of crashing… now! – research

Published time: 28 Nov, 2017 13:33 The risk of a large-scale correction in US stocks is on the rise, say researchers from Vanguard Group. They warn the probability is 30 percent higher than what has been typical over the past sixty years. Vanguard’s chief economist Joe Davis said investors do need to be prepared for a significant downturn which is ...

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Another 9/11 is the likely black swan event that triggers stock market meltdown

Published time: 23 Nov, 2017 09:50 Major financial institutions like Bank of America see the end of the bull market next year. They predict stocks pushing higher in the first half followed by all sorts of potential trouble after that. Some experts say the new crisis could happen because of economic factors like an inflation hike or tight monetary policy ...

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Worst stock market crash ever seen is coming – Max Keiser on Black Monday’s 30th anniversary

RT Exclusive Published time: 20 Oct, 2017 09:47 Edited time: 20 Oct, 2017 11:01 Thirty years ago Wall Street slid into the abyss, suffering the biggest one-day market fall of over 22 percent. Since then the Dow Jones has risen from 1,738 points to an all-time high of over 23,000, raising fears another historic crash is on the cards. Read ...

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Pentagon fears hackers could crash the stock market

Published time: 17 Oct, 2017 21:30 The US Department of Defense is concerned that hackers could take down the US financial system and is working with Wall Street traders to figure out a way to protect against the threat. The Pentagon’s research arm, the Defense Advanced Research Projects Agency (DARPA), is consulting with dozens of traders and quantitative hedge fund ...

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Asian shares flatline and crude rises as China stock exchange hits 18-month high

Financial spreadbetter CMC Markets sees European markets opening modestly weaker, with Britain’s FTSE 100, Germany’s DAX and France’s CAC 40 all seen shedding points in early trade.  MSCI’s broadest index of Asia-Pacific shares outside Japan was nearly unchanged on the day, and was up 0.4 percent for the week.  The Shanghai Composite slipped 0.7 percent while China’s blue-chip CSI300 index ...

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