Propulsion Academy adds Blockchain course in response to growing needs Die in Zürich ansässige Programmier- und Data-Science-Akademie bietet ab sofort vertiefende Blockchain-Schulungen an, um Unternehmen die benötigten Spezialisten zur Verfügung zu stellen Elon Musk Tweets, Armeen von neuen Kryptowährungen, Rekordpreise, … was braucht es noch an Beweisen? Die Blockchain ist hier, um zu bleiben, und die Menschen müssen wissen, wie sie...
Read More »UBS: Should I buy Bitcoin?
Should I buy Bitcoin? Vor einigen Jahren war die UBS noch kritisch und wollte Bitcoin gar zu Grabe tragen. Aber nun tönt es anders. Zum Start ins neue Jahr 2020 publizierte die UBS einen Artikel mit dem Titel: Soll ich Bitcoin kaufen? Die UBS gibt also erstmals den Ratschlag in Bitcoin zu investieren. Allerdings bleibt die UBS skeptisch und schreibt auch, dass ein Investment...
Read More »UBS Opts for ING Head Ralph Hamers to Replace Sergio Ermotti as CEO
In yet another shakeup, leading financial institution UBS Group removed Sergio Ermotti as its Chief Executive Officer and will replace him with ING Group’s Ralph Hammer. It is already the second major lender after Credit Suisse to replace its leading figure this month.Banks and major financial institutions are making structural and strategic changes this year and Switzerland-based UBS Group is joining the queue. The financial institution giant replaced CEO Sergio Ermotti and immediately...
Read More »Credit Suisse Stock Is Up Even Though CEO Is Stepping Down after Surveillance Scandal
Credit Suisse has ended 2019 with figures in earnings that seems to leave all of its woes in the past, with optimism for 2020. CSGN stock is up though the CEO is leaving the company.Credit Suisse has impressed analysts with interesting figures in its recent earnings report. The Swiss financial services company which had a pretty tumultuous year ìn 2019 seems to have risen above its problems. The recent earnings report surpassed market expectations significantly and is keeping the public quite...
Read More »Credit Suisse Ousts CEO amid Illegal Surveillance Scandal
Important changes have come to Credit Suisse. Tidjane Thiam will be stepping down next week from his position as CEO following a long-drawn surveillance scandal.Credit Suisse AG CEO Tidjane Thiam will no longer serve the firm as from Friday the 14th of February. The development was brought to light through an official press release from the financial services company published earlier today.Credit Suisse CEO DepartsAccording to the statement, the board of directors unanimously accepted...
Read More »Pfizer Corporation Experiences Profit Cut, Won’t Repurchase Own Stocks in 2020
The price of Pfizer stocks fell 4% down to $38.51 during Q4 2019. During the last year, the company bought back approximately $9 billion in its stocks to foster market growth. However, the largest medicine giant is losing money and wants its Upjohn development to merge with Mylan NV, which is another big drugmaker aiming at new types of medications.The Upjohn is selling the drugs that lost patent protection, such as Viagra and Lyrica. By the middle of 2020, the company management will...
Read More »Tesla Stock Is the Reason the ‘Stock Market Bubble Implodes’, Says Ralph Nader
Tesla stock has made a lot of headlines recently. Former presidential candidate and political activist Ralph Nader is not as pumped about Tesla as the rest of the market. In fact, Nader believes that Tesla is the spark that will burn the stock market, leveling it to ashes. On Wednesday, Nader took to Twitter to warn the general public about Tesla’s recent surge, suggesting that it’s unsustainable.Ralph Nader Predicts Tesla Spells DoomIn a tweet on the 22nd of January, Nader said:“When the...
Read More »China Is Going to Develop Its Investment Banking Sector to Rival Wall Street
China is one of the world’s heavyweight countries and much of this is a deliberate effort. The country is known for its eagerness to make specific moves towards growing its economy and becoming a worthy rival of others. For example, it has made significant strides with blockchain technology and it is widely suggested that it could easily lead this sector. Now, there are specific efforts for China to rival Wall Street.China is already a force to be reckoned with politically, as well as...
Read More »General Electric Stock Jumps in Response to New UBS Buy Rating
Stocks for popular American auto manufacturer, General Electric (GE) has jumped in response to a bullish rating. In a note to investors, UBS financial services company analyst Markus Mittermaier promoted GE stock from a Hold to Buy rating, also increasing his target estimate by about 26% from $11.50 to $14. In response, on Wednesday, GE stock climbed by about 1% as Mittermaier said in the note that he believes “the stock is at a positive inflection point into 2020.”So far in 2019, GE has...
Read More »Peloton Stock is Biking Towards Uncertain Future and May Hit $5 in 2020
Shares of now pretty infamous exercise equipment company Peloton have been sinking lower this month, after in November just before the holidays they’ve witnessed a 48% bounce. This high-end fitness specialist had a great IPO and broke through it in October. However, this success hasn’t continued in December and most of its failure can be thanked – to a commercial. I guess we’ve all seen it, the commercial where already slender “wife” gets a Christmas present form her husband and she then...
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