Tesla

Tesla

When people talk about luxury electric vehicles, Tesla is inevitably the first brand that comes to mind. Refusing to be outdone by this relatively new kid on the block, … Billionaire Elon Musk’s Twitter is so powerful he can forge high-profile alliances with a single tweet. That’s what triggered Musk’s talks with German automaker Daimler to…

apple

apple

As Apple’s iPhone revenue falls and it looks to other income streams, JPMorgan is speculating that Apple could buy Netflix, or even a company like Sonos, or Activision Blizzard. … For the first time since 2016, U.S. corporate earnings are projected to drop by 0.8 percent per share in the first quarter of 2019. But, the…

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% in a Day

Bitcoin Price Breaks Medium-Term Resistance after Surging 8% in a Day

The Bitcoin market came back on its bullish track during the February 18’s trading session.The Bitcoin-to-Dollar rate (BTC/USD) on Monday established an intraday high towards 3917, up 8.08% since the open. The pair rallied through the Asian session and continued its upside momentum after the European market opened. Around 1600 UTC, BTC/USD also broke through…

10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018

10 Elite Hedge-Fund Managers Made a Jaw-Dropping $7.7 Billion in 2018

According to the inaugural ranking of hedge fund managers by news outlet Bloomberg, the top ten highest-earning hedge fund managers made a mouth-watering $7.7 billion in 2018.James Simmons led the inaugural list, earning $1.2 billion in additional income in 2018, which saw his net worth swell to $16.55 billion. His hedge fund, Renaissance Technologies, is…

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Yes, Mark Zuckerberg Is a “Digital Gangster” Who Violates Your Privacy, but Here’s Why You Still Won’t Quit Facebook

Lawmakers in the UK have released a damning report on Mark Zuckerberg and Facebook, calling them “digital gangsters.”The report refers to Facebook’s deliberate violation of privacy laws and its role in spreading “fake news” and disinformation. It’s another shot fired at tech companies for abuse of personal data. But, as usual, it’s unlikely to have an…

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions

It’s time institutional whales put their money into cryptocurrency according to major investment management firm Cambridge Associates.IT’S TIME TO ‘BEGIN EXPLORING’ SAYS CAMBRIDGE ASSOCIATESThe Boston-based consultancy only advises major institutions who manage more than $300 billion worth of clients’ assets. Cambridge was quoted in Bloomberg on Monday as saying:“Despite the challenges, we believe that it…