Broadcom CEO Hock Tan is paying the price for misjudging President Donald Trump‘s resolve to “bring the Chinese to their knees,” CNBC’s Jim Cramer said Friday. Trump feels he has to “sacrifice Broadcom on the alter of Huawei” to humble China in trade negotiations, Cramer argued. Last year, Broadcom received about $900 million in revenue
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Opacity focuses on privacy, security, and a familiar user experience. SAN FRANCISCO, CA, June 5, 2019 — Opacity Storage, a cryptographic file storage company, today announced the release of Opacity v1.0. The new product provides anonymous online file storage utilizing a crypto token payment system and a user friendly interface. No personal data such as
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As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier
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Main Thesis The purpose of this article is to evaluate the iShares Select Dividend ETF (DVY) as an investment option at its current market price. With markets re-testing prior highs, I continue to express caution in equity positions. I see plenty of risks on the horizon, namely related to slowing economic growth and on-going trade
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Actor/producer Brad Pitt accepts the PGA Visionary Award during the 26th Annual Producers Guild Of America Awards last January in Los Angeles. Getty Images Hollywood star Brad Pitt, Steve Job’s widow Laurene Powell Jobs and UK-based stock-picker Neil Woodford are all reportedly investing in a little known “cold fusion company,” the Financial Times said on
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Cryptocurrency data and indices provider CryptoCompare is working to make it easier to spot good, and bad, crypto exchanges. Announced Wednesday, the company has launched a benchmark ranking of over 100 active spot exchanges from across the globe, offering users a “comprehensive, granular and reliable source of information on the best trading venues.” CryptoCompare’s Exchange
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State governments are benefiting from an improved fiscal environment as they work to finalize their fiscal 2020 budgets, with governors in 19 states proposing general fund spending increases of more than 5%, according to a new report. The Spring Fiscal Survey of the States by the National Association of State Budget Officers released Thursday found
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The Consumer Staples Select Sector SPDR Fund (XLP) is the largest, most heavily traded (according to ETFdb.com) consumer staples fund. However, there may be better options for investors. There are several similar staples funds, which have lower expenses (although the absolute difference is small). There is also an equal-weighted staples fund that may offer better
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Howard Marks, Co-Chairman, Oaktree Capital. David A. Grogan | CNBC Billionaire investor and Oaktree Capital Management Co-Chairman Howard Marks is worried to hear investors say “this time it’s different” or openly wonder if the historic bull market and economic success “can only get better forever.”  In a 12-page letter sent to Oaktree clients on Wednesday,
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Customers play a basketball arcade game at a Dave & Buster’s Entertainment Inc. location in Pelham, New York. Timothy Fadek | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of entertainment and restaurant company Dave & Buster’s fell 17.6% during extended trading after missing earnings and revenues estimates and
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Share to facebook Share to twitter Share to linkedin In celebration of Virgil Abloh’s upcoming Fall/Winter 2019 collection as Louis Vuitton’s Men’s Artistic Director, the label is hosting a “Chicago residency” in Chicago’s West Loop neighborhood from June 8-July 7, 2019. Located at 1100 W. Randolph St., the pop-up is also designed to coincide with
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