Markets

Google’s parent company Alphabet has revealed that it will be purchasing popular wearables giant and smartwatch maker Fitbit, in a deal that will be closed soon. Worth $2.1 billion, many analysts agree that this deal has all the makings of a blow-up and could very seriously cement Google’s position as a strong contender in the smartwatch market, a market already largely dominated by Apple. While this is very interesting and important news, the market is starting to wonder whether or not...

Warren Buffett and his company had their total capital rising to a record of $128 billion during Q3 2019, сovering all the losses and showing the company has some great risk management tools. The measure supposes to help the company’s under-performing stocks, while some market analysts claim it will make the stocks fall faster. Berkshire spent 1.7 billion in Q1, 442 million in Q2, and 700 million in Q3 on repurchasing stocks in 2019. They also have changed the rules by which the stocks...

Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile. Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise. According to Rochard, Buffett’s strategy is no different from bitcoin HODLers. The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of his enormous cash position. As of early November, Buffett’s Berkshire Hathaway is sitting on $128.2 billion in cash. Analysts...

Most of the crypto community, especially Bitcoin hodlers, are almost always hoping for a spike like the one that happened in 2017, which saw the king coin hit its current all-time high of $20,000. Even though a terribly bearish market followed some months after, the spike is still often referred to as not just a game-changer, but a point where Bitcoin needs to reach again, to break out of its frequent periods of disappointing consolidation. However, some analysts have suggested that the...

Saudi Aramco, the world’s largest and state-owned oil producer of Saudi Arabia, has announced its plans of Initial Public Offering (IPO) on Sunday, November 3. This is likely to be the largest ever initial stock offering with stocks listed on Saudi’s domestic stock exchange, Tadawul.An unspecified percentage of shares will be available for trading next month as the oil giant plans to raise anywhere between $20-$40 billion. Note that this will be just 1-2% of the stake sale for the company....

RobinHood: Das US-Start-up ermöglicht mit seiner App den kostenloses Trading und treibt damit die Digitalisierung des Börsenhanels voran. In Zeiten von Negativzinsen steht die Finanzwelt vor der Aufgabe, ihre Geschäftsmodelle fundamental zu verändern. Denn auch der gesellschaftliche Wandel kommt mittlerweile bei den Banken an. So sind gerade jüngere Kunden nicht mehr bereit, für Standardtransaktionen Geld zu bezahlen. Konstanter Wandel...

Stellar lumen price is showing a lot of positive signs above the $0.0650 support against the US Dollar.XLM price corrected lower recently after trading as high as $0.072.There is a key rising channel forming with support near $0.0650 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near the $0.0660 and $0.0650 levels.Stellar lumen price is following a bullish path against the US Dollar and bitcoin. XLM price start a fresh increase as long as the...

Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by the University of Texas Professor John Griffin and Ohio State University’s Amin Shams, Bitcoin’s run to a record high near $20,000 in 2017 was caused by a single market whale. Bitfinex whale manipulating Bitcoin price surges Initially reported by Bloomberg, the paper, which is an update on an earlier one by the same...

Over the last few months, the rising tensions due to the escalating U.S.-China trade war has left global investors in worry. Several analysts have also raised fears of possible recession by the next year.However, some of the indicators still suggest that the U.S. stock market is all poised for a massive rally before the end of 2019. In its latest article, CCN mentions some of the strong indicators that can support the market rally ahead. Some of the powerful indicators include “positive...

The cryptocurrency market went through a parabolic price surge in late 2017 causing a stir around the financial world. Bitcoin, the largest crypto by market cap, reached its all-time high at $20,000 but according to two U.S.-based academics, this price movement was manipulated by a single whale.Cryptocurrency Price Manipulation?The topic of price manipulation in the cryptocurrency market has been around for a few years. Finance professor John M. Griffin from the University of Texas and...