Broadcom CEO Hock Tan is paying the price for misjudging President Donald Trump‘s resolve to “bring the Chinese to their knees,” CNBC’s Jim Cramer said Friday. Trump feels he has to “sacrifice Broadcom on the alter of Huawei” to humble China in trade negotiations, Cramer argued. Last year, Broadcom received about $900 million in revenue
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Binance.com, the world’s largest cryptocurrency exchange, is revamping its internal policies and cracking down on wayward users. The Malta-based exchange announced Friday morning that it was reviewing user accounts to ensure they follow Binance’s terms of use and know-your-customer (KYC) procedures and will remove deposit and trading permissions for anyone in violation of its policies.
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America should finish a job it started more than four decades ago: rebuild China. Help Beijing open up its economy to the rest of the world and bring prosperity to its people, that is. There was time China was a closed economy, experimenting with different socialist roads to prosperity. That was back in the 1950s,
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Michigan’s attorney general dismissed all pending criminal cases related to the Flint water crisis, two of which were against former state-appointed city emergency managers. Solicitor General Fadwa Hammoud and the special prosecutor, Kym Worthy, made the announcement Thursday that all pending criminal cases brought by the former Office of Special Counsel had been dismissed without
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Actor/producer Brad Pitt accepts the PGA Visionary Award during the 26th Annual Producers Guild Of America Awards last January in Los Angeles. Getty Images Hollywood star Brad Pitt, Steve Job’s widow Laurene Powell Jobs and UK-based stock-picker Neil Woodford are all reportedly investing in a little known “cold fusion company,” the Financial Times said on
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Opacity focuses on privacy, security, and a familiar user experience. SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as
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As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier
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Main Thesis The purpose of this article is to evaluate the iShares Select Dividend ETF (DVY) as an investment option at its current market price. With markets re-testing prior highs, I continue to express caution in equity positions. I see plenty of risks on the horizon, namely related to slowing economic growth and on-going trade
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Noted cybersecurity expert and eccentric crypto fan John McAfee has just launched a cryptocurrency trading platform. Dubbed “Magic,” the site is touted as allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.” Notably, the exchange appears to be non-custodial, with users crypto holdings remaining on eight other exchange platforms.
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A third-straight increase in weekly jobless claims added to evidence that the labor market is cooling as analysts weighed the likelihood that the Federal Reserve will cut interest rates. Initial jobless claims rose 3,000 to 222,000 in the week ended June 8, the Labor Department reported Thursday. Economists polled by IFR Markets had expected 217,000
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Screen capture via Bloomberg TV “Something’s About To Happen” The SPDR Gold Trust ETF’s (GLD) chart was analyzed by Fidelity technician John Gagliardi on Bloomberg TV’s “What’d You Miss” program on Wednesday. You can see the full segment here, but below is the key part for GLD longs: Abigail Doolittle: What about that MACD on
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CNBC’s Jim Cramer on Wednesday said the biggest concern for Apple shareholders should be around what President Donald Trump does next in the U.S.-China trade war. “I actually think it’s more likely that President Trump hurts Apple more than” Chinese President Xi Jinping,  argued Cramer on “Squawk on the Street,” adding a next round of tariffs
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