Monday, September 30, 2019

Are FANG Stocks Losing Their Shine?

If you’re new to investing, you may be watching CNBC and listening to Jim Cramer talk about FANG stocks (or FAANG stocks) and say, “what the heck is fang?”. Believe me, I know. I was once one among you. Today, I’m here to tell you that FANG is not a company. In fact, FANG is […]

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Comerica Bank Disavows Alleged Crypto-Scammers

DALLAS, Sept. 27, 2019 / TheStockDork / — Comerica Bank (NYSE: CMA) is denouncing a group operating in Asia that is infringing on its brand. The group, VRB, falsely claimed to have financial backing from Comerica, and now Comerica is biting back. In a statement released Friday, the bank condemned VRB, calling the false affiliation […]

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source https://www.thestockdork.com/comerica-vrb-crypto/

Friday, September 27, 2019

McDonald’s Partners with Beyond Meat

Plant-based meat mania is coming to McDonald’s. The fast-food titan announced Thursday that it would begin testing Beyond Meat (BYND) patties in a sampling of its restaurants in Canada. McDonald’s will test the ‘P.L.T’ – the plant, lettuce, and tomato – for 12 weeks in 28 restaurants in Southern Ontario starting this Monday. The 12-week test launch […]

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source https://www.thestockdork.com/mcdonalds-partners-with-beyond-meat/

What Is EBITDA Measure And How It Effects Stocks

What is EBITDA? EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is...

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Tuesday, September 24, 2019

Mercedes-Benz quietly enters the e-scooter market

Mercedes-Benz is a brand popular among its peers in the automobile world. However, till date,...

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source https://www.thestockdork.com/mercedes-benz-quietly-enters-the-e-scooter-market/

Volkswagen Finance picks up 25% stake in Kuwy Technology

On Wednesday, Volkswagen Finance mentioned that it has acquired around 25% stake in Kuwy Technology...

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source https://www.thestockdork.com/volkswagen-finance-picks-up-25-stake-in-kuwy-technology/

Stocks could drop 20% after an October disappointment, strategist warns

On Wednesday, Joseph Zidle, the Chief Investment Strategist for Blackstone explained to CNBC during an...

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source https://www.thestockdork.com/stocks-could-drop-20-after-an-october-disappointment-strategist-warns/

US FDA to Hold Meeting on Blockchain and AI in Food Traceability

The U.S. FDA (Food and Drug Administration) is now all set to hold a much...

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Goldman Sachs reveals the stocks set to gain from surging oil prices

There is a surge in oil prices amid the production disruptions prevailing across Saudi Arabia...

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Emerging market central banks most dovish since financial crisis

EM central banks have now become extremely dovish since the worldwide financial crisis, as per...

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Cryptocurrency Payments Processor BitPay Adds Support for Ether

Key cryptocurrency payments processor BitPay now has added support for Ether, the second-biggest cryptocurrency by...

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Thursday, September 19, 2019

US FDA to Hold Meeting on Blockchain and AI in Food Traceability

The U.S. FDA (Food and Drug Administration) is now all set to hold a much needed public meeting for discussion of its new initiative termed “A New Era of Smarter Food Safety”. In the official announcement made on 17th September, the FDA mentioned that the consultation to be carried out with the international stakeholders that … Continue reading "US FDA to Hold Meeting on Blockchain and AI in Food Traceability"

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source https://www.thestockdork.com/us-fda-to-hold-meeting-on-blockchain-and-ai-in-food-traceability/

Wednesday, September 18, 2019

Goldman Sachs reveals the stocks set to gain from surging oil prices

There is a surge in oil prices amid the production disruptions prevailing across Saudi Arabia currently. This may affect an array of stocks in energy space, as per strategists at Goldman Sachs. According to a note Goldman issued to its clients, the companies having the largest 2019 Quarter 4 possible operating cash-flow uplift from the … Continue reading "Goldman Sachs reveals the stocks set to gain from surging oil prices"

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source https://www.thestockdork.com/goldman-sachs-reveals-the-stocks-set-to-gain-from-surging-oil-prices/

Emerging market central banks most dovish since financial crisis

EM central banks have now become extremely dovish since the worldwide financial crisis, as per an analysis. The pro-easing partiality is quite remarkable given that the banks, which includes those of India, Russia, Brazil, Turkey and South Africa have lowered rates already this year, indicating that scope for additional policy loosening likely should be shrinking. … Continue reading "Emerging market central banks most dovish since financial crisis"

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source https://www.thestockdork.com/emerging-market-central-banks-most-dovish-since-financial-crisis/

Cryptocurrency Payments Processor BitPay Adds Support for Ether

Key cryptocurrency payments processor BitPay now has added support for Ether, the second-biggest cryptocurrency by market cap. As per a media release on 16 September, firms which have subscribed to BitPay will be able to make payment in bitcoin ether, cash, bitcoin, as well as with a few stablecoins. Launched in the year 2011, BitPay … Continue reading "Cryptocurrency Payments Processor BitPay Adds Support for Ether"

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source https://www.thestockdork.com/cryptocurrency-payments-processor-bitpay-adds-support-for-ether/

Tuesday, September 17, 2019

Weill Cornell to Provide Debt-Free Medical School for Financial Aid Students

Cornell, on Monday, announced that Weill Cornell Medicine would offer debt-free medical schooling for financial aid students. Historically, over half of the students at Weill Corner have been covered by need-based study scholarships to defray the attendance cost at the institute, which is around $900,00 per year and taken loans for covering the remaining difference. … Continue reading "Weill Cornell to Provide Debt-Free Medical School for Financial Aid Students"

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source https://www.thestockdork.com/weill-cornell-to-provide-debt-free-medical-school-for-financial-aid-students/

Amazon reportedly tweaked its search results to promote more profitable products

Amazon altered the algorithms which power the firm’s search results to prioritize products having higher profitability, reported The Wall Street. The e-commerce giant adjusted its search results previous year in order to prioritize new variables which boosted the importance of products offering higher profits over those which were most relevant or bestsellers. A few retail … Continue reading "Amazon reportedly tweaked its search results to promote more profitable products"

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source https://www.thestockdork.com/amazon-reportedly-tweaked-its-search-results-to-promote-more-profitable-products/

Monday, September 16, 2019

Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers

Finance start-up firm Social Finance Inc. is placing its name upon the NFL’s new, most expensive stadium ever constructed. On Sunday, the firm announced about it striking a 20-year contract to call NFL’s Los Angeles stadium ‘SoFi Stadium.’ The 3 million sq. ft football compound, which will house the Chargers and the Rams both, will … Continue reading "Finance start-up SoFi strikes deal to put its name on new LA stadium for the Rams and Chargers"

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source https://www.thestockdork.com/finance-start-up-sofi-strikes-deal-to-put-its-name-on-new-la-stadium-for-the-rams-and-chargers/

AT&T stock dives after CFO shares ‘tough decisions’ over blackouts

The shareholders of AT&T have faced a rugged week. The stock of the company is taking a dive after John Stephens, AT&T CFO shared about the price increase effects as well loss of nearly 350,000 of its subscribers at the Bank of America Merrill Lynch Media, Communications and Entertainment Conference. Prolonged blackouts of Nexstar and … Continue reading "AT&T stock dives after CFO shares ‘tough decisions’ over blackouts"

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source https://www.thestockdork.com/att-stock-dives-after-cfo-shares-tough-decisions-over-blackouts/

As talks falter, UAW calls first national strike against GM since 2007

On Sunday, the UAW (United Auto Workers) said that its nearly 48,000 workers at General Motors (GM) factories shall go on a strike on Sunday midnight after the labor contract talks arrived at a deadlock. The strike would mark the UAW’s first nationwide strike against GM since 2007. A strike would shut down the operations … Continue reading "As talks falter, UAW calls first national strike against GM since 2007"

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source https://www.thestockdork.com/as-talks-falter-uaw-calls-first-national-strike-against-gm-since-2007/

Sunday, September 15, 2019

SmileDirectClub shares plunge in public debut, CFO says he’s not concerned

SmileDirectClub openedlower at around 14 percent on Thursday during its Nasdaq debut after pricing above its $19-$23 range on Wednesday. The stock value fell down by 16 percent to nearly $19 by afternoon trading. Kyle Wailes, the CEO of SmileDirectClub told Yahoo Finance that the firm is not getting affected by the debut response, considering … Continue reading "SmileDirectClub shares plunge in public debut, CFO says he’s not concerned"

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source https://www.thestockdork.com/smiledirectclub-shares-plunge-in-public-debut-cfo-says-hes-not-concerned/

Hedge funds count losses from emerging markets sell-off

Pharo Management and Discovery Capital Management are the two leading hedge funds which endured losses in the previous month’s tumble among emerging markets. Tensions related to US-China ongoing trade battle, global economy health and Argentina debt crisis triggered by shocking defeat of president Mauricio Macri in primary election have helped get a major sell-off among … Continue reading "Hedge funds count losses from emerging markets sell-off"

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source https://www.thestockdork.com/hedge-funds-count-losses-from-emerging-markets-sell-off/

Uber offers $750-mn junk bonds to help finance acquisition of Careem

Uber Technologies Inc is selling its junk bonds in order to help finance its purchase of Careem in its 1st dept offering being a public firm. The company is seeking to issue the sum of $750mn junk bonds due in the year 2027, as per a statement released on Thursday. The proceeds will be utilized … Continue reading "Uber offers $750-mn junk bonds to help finance acquisition of Careem"

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source https://www.thestockdork.com/uber-offers-750-mn-junk-bonds-to-help-finance-acquisition-of-careem/

Non-Custodial Exchange KyberSwap Launches Fiat-to-Crypto Gateway

Crypto exchange KyberSwap has become the first ever non-custodial exchange to introduce its own fiat-to-crypto gateway in partnership with crypto exchange Coindirect. As per a blog post released on 13 September, the users of KyberSwap will now be able to purchase digital currencies by using fiat currencies directly. However, the exchange supports the trading of … Continue reading "Non-Custodial Exchange KyberSwap Launches Fiat-to-Crypto Gateway"

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source https://www.thestockdork.com/non-custodial-exchange-kyberswap-launches-fiat-to-crypto-gateway/

Disney CEO Robert Iger departs Apple’s board with video streaming showdown looming

RobertIger, the CEO of Walt Disney Co. has resigned from Apple’s Board as both the firms prepare to release their own video streaming rivals aimed at Netflix. Apple revealed about the departure of Iger in one regulatory filing on Friday. However, Iger’s resignation came into effect on Tuesday, the same day where Apple announced that … Continue reading "Disney CEO Robert Iger departs Apple’s board with video streaming showdown looming"

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source https://www.thestockdork.com/disney-ceo-robert-iger-departs-apples-board-with-video-streaming-showdown-looming/

Saturday, September 14, 2019

Dow marks 8-day win streak as US-China trade tensions ease

The Dow rose to its 8th day of consecutive win streak upon reports that China would exclude the US pork and soybeans from its coming tariffs round. The Dow finished at 34 points or 0.1 percent higher, earning its biggest gains since last May. The index got closed at only 0.8 percent less than Dow’s … Continue reading "Dow marks 8-day win streak as US-China trade tensions ease"

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source https://www.thestockdork.com/dow-marks-8-day-win-streak-as-us-china-trade-tensions-ease/

InnfiRAT malware lurks in your machine to steal cryptocurrency wallet data

The researchers have discovered a new trojan which expertises in stealing cryptocurrency-associated data. The malware, referred to as InnfiRAT, includes several standard trojan capabilities; however, will particularly lurk on the infected machines to steal credentials of cryptocurrency wallet. As per a blog post by zScaler cyber-security company on Thursday, InnfiRAT, mentioned as .NET, most probably … Continue reading "InnfiRAT malware lurks in your machine to steal cryptocurrency wallet data"

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source https://www.thestockdork.com/innfirat-malware-lurks-in-your-machine-to-steal-cryptocurrency-wallet-data/

Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec

Apple is keeping an eye on cryptocurrency, as per an executive working with the America tech giant. While talking with CNN, Jennifer Bailey, vice president of Apple Pay said that the company thinks cryptocurrency is interesting and has a long-term potential. Bailey didn’t explain about the potential uses of cryptocurrency that Apple may pursue. She … Continue reading "Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec"

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source https://www.thestockdork.com/cryptocurrency-has-long-term-potential-says-apple-exec/

Low levels of contaminant found in popular heartburn pills

On Friday, the US FDA announced that low amounts of chemicals linked to cancer have been discovered in the samples of Zantac, a heartburn medication. The discovered chemical is a kind of impurity known as NDMA that has been related to an elevated risk for uterine and colorectal cancers. According to the FDA, the low … Continue reading "Low levels of contaminant found in popular heartburn pills"

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source https://www.thestockdork.com/low-levels-of-contaminant-found-in-popular-heartburn-pills/

UPS to pay $8.4 million to resolve U.S. overcharging probe

UPS (United Parcel Service) will pay a sum of $8.4mn to the US for resolving allegations of overcharging the US federal agencies for package delivery and supply services, said the Justice Department on Friday. The settlement will resolve the allegations which say that between 2007 and 2014, UPS didn’t follow a GSA (General Services Administration) … Continue reading "UPS to pay $8.4 million to resolve U.S. overcharging probe"

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source https://www.thestockdork.com/ups-to-pay-8-4-million-to-resolve-u-s-overcharging-probe/

Friday, September 13, 2019

Joe Biden is demanding financial transparency while concealing his own wealth

Ex-Vice President Joe Biden is anticipating that he intends to launch an attack on his rivals at the presidential debate stage over absence of transparency in their finances. According to Bloomberg, Biden most likely will attack Senator Elizabeth Warren particularly for not disclosing details of personal income during the 90s as well as 2000s from … Continue reading "Joe Biden is demanding financial transparency while concealing his own wealth"

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source https://www.thestockdork.com/joe-biden-is-demanding-financial-transparency-while-concealing-his-own-wealth/

US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin

BTC (Bitcoin) proponents are yet again pondering the potential of the US imposing a ban on cryptocurrency as the law regulators move to ban flavoured vaping. The White as well s FD both confirmed the sudden restrictions on 12 September, which means that flavoured e-cigarettes will soon disappear from the country’s market in the coming … Continue reading "US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin"

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source https://www.thestockdork.com/us-e-cigarette-ban-stokes-fears-trump-could-target-bitcoin/

AFCA warns of ‘unregulated’ parts of financial services sector

Several small businesses which have faced losses due to Viewble Media have alleged that the television scam may be refused compensation based on the finance firm they were chasing. According to Geoff Browne at the AFCA (Australian Financial Complaints Authority) warned that the case revealed there was some of regulatory gap across financial services. This … Continue reading "AFCA warns of ‘unregulated’ parts of financial services sector"

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source https://www.thestockdork.com/afca-warns-of-unregulated-parts-of-financial-services-sector/

Thursday, September 12, 2019

Huawei drops lawsuit over equipment seized by the US government

After the government of the US has released the telecommunication equipment that was seized in September of 2017, a lawsuit has been dropped by the Chinese Company –Huawei against the Department of Commerce and other agencies. This lawsuit was filed by the US subsidiary of the China-based company –Huawei Technologies of USA, in the month … Continue reading "Huawei drops lawsuit over equipment seized by the US government"

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source https://www.thestockdork.com/huawei-drops-lawsuit-over-equipment-seized-by-the-us-government/

WeWork stock market debut in doubt

The most renowned and hotly anticipated event for the financial sector –WeWork is very much in doubt about the debut of its stock market. An investment firm from Japan –SoftBank is a 30% shareholder of WeWork. The firm has recently urged for the hotly financial event to drop off its flotation plan. The signs that … Continue reading "WeWork stock market debut in doubt"

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source https://www.thestockdork.com/wework-stock-market-debut-in-doubt/

NASDAQ adds a new index for decentralized finance ‘DeFix’, covering Augur, MakerDAO

On Monday, an announcement was made by the stock exchange operator –NASDAQ, which has now introduced yet another index that is related to cryptocurrency more likely for DeFi (Decentralized Finance). The stock exchange operator has now joined hands with the brokerage –EXANTE, which is based in London. The ultimate motive behind this partnership is to … Continue reading "NASDAQ adds a new index for decentralized finance ‘DeFix’, covering Augur, MakerDAO"

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source https://www.thestockdork.com/nasdaq-adds-a-new-index-for-decentralized-finance-defix-covering-augur-makerdao/

Saturday, September 7, 2019

Top Stocks Under $1: September 2019

Best Stocks Under 1 Dollar Stocks trading for less than one dollar provide some unique benefits to investors. With share prices that low, investors can afford to load up on shares so they are more exposed to small movements in the stock. This translates to increased exposure to both risk and reward, so stocks under … Continue reading "Top Stocks Under $1: September 2019"

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source https://www.thestockdork.com/stocks-under-1/

Friday, September 6, 2019

The Most Important Virtual Reality Stocks To Watch 2019

Best Virtual Reality Stocks It’s a great time to buy virtual reality stocks. The potential utility of VR technology is practically limitless. Buying now, while the technology is still being refined, could be a shrewd move. Virtual reality stocks could become much more valuable if this technology takes off as expected. More High-Tech Stocks Check … Continue reading "The Most Important Virtual Reality Stocks To Watch 2019"

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source https://www.thestockdork.com/virtual-reality-stocks/

9 Defense Stocks That Are Built To Last

Defense Stocks: Buy or Sell? Global uncertainty is at an all-time high. As a result, many investors are buying defense stocks to ride out the volatility. International tensions are heating up on several fronts, and the government is throwing money at the defense budget. Military stocks are getting a lot of attention as a result … Continue reading "9 Defense Stocks That Are Built To Last"

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source https://www.thestockdork.com/defense-stocks/

Thursday, September 5, 2019

5 Dividend Stocks to Buy Now

Top-5 Dividend Stocks to Buy Now During uncertain times like these, having some dividend stocks in your portfolio never hurts. Watching your portfolio jump up and down can be rough on the nerves, but dividend payments offer returns that you can count on. Getting that extra cash makes it easier to hold on through the … Continue reading "5 Dividend Stocks to Buy Now"

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source https://www.thestockdork.com/dividend-stocks/

Tuesday, September 3, 2019

Best Stocks Under 10 Dollars: Must-Watch Cheap Stocks

Best Stocks Under 10 Dollars: September 2019 Stocks under 10 dollars appeal to many retail investing budgets. These low-priced stocks are within the means of most investors. A round, hundred-share lot of a 10-dollar stock costs $1,000. One hundred shares of Amazon (AMZN) costs over 200 grand, which is a big allocation for all but … Continue reading "Best Stocks Under 10 Dollars: Must-Watch Cheap Stocks"

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source https://www.thestockdork.com/best-stocks-under-10/