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  1. Microsoft Earnings Preview: Cloud Services Set To Boost Revenues In Q2

    by , 01-31-2018 at 09:40 AM
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    Microsoft is set to announce its Q2 2018 earnings on Wednesday, January 31. The company continues to develop an ecosystem of cross-device applications and value-added services around its hardware and software.

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  2. U.S. SEC Halts Alleged Crypto ICO Scam From 'Decentralized' Bank Seeking $1 Billion

    by , 01-31-2018 at 07:52 AM
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    The U.S. Securities and Exchange Commission has halted an Initial Coin Offering (ICO) launched by AriseBank, a 'decentralized' bank, which had purported to offer trading in over 700 crypto- currencies - including Bitcoin and Ethereum - and had raised around $600m towards a $1bn funding goal.

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  3. Crypto Watch: Ethereum On The Rise Up 24% In 2 Days

    by , 01-29-2018 at 12:43 PM
    Where December saw major gains for the global cryptocurrency market, January has seen a series of corrections that have brought it back closer to pre-December numbers—tempering some of the community's wild excitement and runaway speculation.

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    But the past few days have shown Ethereum making a comeback. According to CoinMarketCap, the price of ETH was $998.03 at 2:04am PST Friday, Jan. 26. By 12:15pm on Sunday, Jan. 28, that price is now ...
  4. George Soros From Davos: Bitcoin Is A 'Typical Bubble'

    by , 01-26-2018 at 11:34 AM
    Legendary investor George Soros joined a chorus of well-known investors calling bitcoin a bubble this week, making his remarks in a speech at the World Economic Forum in Davos, Switzerland Thursday.

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    "Cryptocurrency is a misnomer and is a typical bubble, which is always based on some kind of misunderstanding," the financier and founder of the $26 billion Soros Fund Management said.

    "Bitcoin is not a currency because a currency ...
  5. David Einhorn Buys Twitter, Time Warner, Ensco

    by , 01-19-2018 at 08:26 AM
    Greenlight Capital Re’s David Einhorn lamented a bum year in his shareholder letter for 2017 with an investing loss of 1.6% net of fees. He also announced the new lineup of stocks he selected during the fourth quarter: Twitter, Ensco and Time Warner.

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    First, Einhorn surprised investors by taking a long position in Twitter. As he acknowledged in the letter, he has been betting that certain stocks in the tech space will fail. These stocks, ...
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