Beyond Meat reported its quarterly earnings on Monday. The numbers are not terribly impressive and hardly justify Beyond Meat’s stock valuation. Yet the company made a separate announcement that tanked the stock and will continue to tank the stock going forward. Beyond Meat’s stock was under pressure in after-hours trading. | Source: Yahoo Finance First, […]
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Lyft’s Chief Operating Officer, Jon McNeill, is leaving the company after only 18 months on the job. Lyft stock slid 2.27% on the news. 3 Possible Reasons Why the COO Flew the Coop For senior management to depart a position as necessary as operations after only 18 months, there are usually only three possible explanations. […]
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As the dust settles on the Fortnite World Cup, Epic Games appears to be laying the groundwork for a more elaborate and sustained competitive circuit. During a break in the competition at this weekend’s event in New York, Fortnite caster Sundown announced the Fortnite Championship Series, slated to debut with Season 10, which is widely […]
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When Slack suffered a crippling 64-minute outage this morning, the downtime did more than just enrage users and resurrect the #Slackdown hashtag. It also ignited a $550 million plunge in Slack stock (NYSE: WORK). 64 Minutes of Virtual Office Pain The outage, as CCN reported, began at roughly 10:50 am ET and lingered for more […]
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The Dow outperformed the broader U.S. stock market on Monday, as a handful of industrial and technology blue-chips rose sharply on better than expected earnings. However, Goldman Sachs is the latest Wall Street bank to warn that the current bull market is unsustainable due to the unprecedented surge of stock buybacks since the financial crisis. […]
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It’s early days for Square Crypto. The bitcoin-focused arm of Jack Dorsey’s payments company Square has been extremely mysterious about their role in the crypto ecosystem, but the team has begun to tip their hand. In a step toward greater transparency, Square Crypto, which has so far hired Google alum, Steve Lee, engaged with social […]
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In a clear sign of improving comprehension about the fundamentals driving the bitcoin price, newly minted “friend of crypto” Joe Kernen just made a convincing case on national television that the cryptocurrency could surge nearly 500 percent by next May. Citing the upcoming halving in 2020, the CNBC Squawk Box host noted the possibility of […]
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In the conversations between traders, we often discuss to predict about the future of Cryptocurrency. It seems that this question has found the answer when the e-commerce industry is the most practical answer to this problem. The fact shows that Cryptocurrency is not widely accepted in daily life but you can use it to buy […]
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Just as monetary policymakers couldn’t appear to be more hypocritical by singling out the emerging cryptocurrency industry for being too loosey-goosey, fate has stepped in. When things seemingly couldn’t get any worse for Deutsche Bank, the Wall Street firm is now troubleshooting a possible security breach involving sensitive client information, according to a report in […]
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Ask not for whom the bell tolls, Facebook. It tolls for thee, says bitcoin bull Lou Kerner. The crypto investor says Facebook is on its last legs, and even its over-hyped stablecoin project, Libra, can’t save it. Kerner made the ominous predictions in a Medium blog post, where he rebuked Wall Street for being blind […]
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