Month: April 2019

More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
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Google’s New York City office in lower Manhattan. Spencer Platt | Getty Images Check out the companies making headlines after the bell: Shares of Alphabet tanked more than 6% in extended trading Monday following the release of the tech giant’s mixed first-quarter results. Alphabet reported earnings per share of $11.90 on revenue of $36.34 billion.
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Singapore-based exchange conglomerate Huobi Group has a unique growth strategy for emerging markets: partner with local entities and then split the profits 50/50. Revealed exclusively to CoinDesk, the South African exchange HIZA will launch in May and join a cohort of 150 platforms under the Huobi Cloud umbrella, according to Huobi Group’s senior business director
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South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task
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Binance’s much anticipated decentralized exchange (DEX) has gone live ahead of its planned schedule. The world’s top cryptocurrency exchange by adjusted volume announced the news on Tuesday, saying that while trading will begin “at a later date,” users can now create wallets on Binance DEX and start deposits and withdrawals of the company’s token, BEP2. A representative told
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Give mom something special for Mother’s Day this year. Primary Petals Our mothers do so much for us. But showing our love on Mother’s Day can often be a challenge. Buying a unique, outside-the-box gift is a great way to show her how thoughtful you are. Gifts for the home are particularly appreciated because they’re
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A woman browses the site of US home sharing giant Airbnb on a tablet. John MacDougall | AFP | Getty Images Airbnb is partnering with a major New York real estate developer, RXR Realty, to convert portions of New York City commercial properties into a “new category of urban lodging.” They are essentially hotel rooms
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The cryptocurrency markets endured a loss of as much as $10 billion around 21:00 UTC on Thursday, following allegations that the Bitfinex exchange covered up an $850 million shortfall using the U.S. dollar-pegged Tether (USDT) stablecoin. The New York Attorney General’s office alleged in a statement on Thursday that Bitfinex lost $850 million and used customer and
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The Rock House is in development Grace Bay Resorts Turks and Caicos’  luxury real estate market is hot.  It’s an easy three plus hours direct flight from New York’s JFK to Providenciales, the largest island in the Turks and Caicos chain. Providenciales is home to the Island’s largest population, luxury resorts and luxury residential development.
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Yesterday, I wrote a piece, in which I made the argument that we are likely to see a temporary top in the rally in crude oil. It is my belief that while this top is temporary, the market statistics strongly indicate that there is a tradable opportunity which nimble investors can capitalize on in the
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Lockheed Martin delivered the best conference call to its shareholders out of the defense sector, CNBC’s Jim Cramer said Friday. The largest military contractor in the world, the Bethesda, Maryland-based manufacturer trounced analyst expectations on earnings per share, $5.99 versus $4.34, and revenue, $14.3 billion versus $12.6 billion. Raytheon, a major contractor for the U.S.,
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Two Bitfinex shareholders said they were unconcerned by the New York Attorney General’s allegations that the cryptocurrency exchange lost $850 million of client and corporate funds. Zhao Dong, a Bitfinex shareholder who has tried to reassure the crypto community that the exchange is solvent and operational numerous times in the past, told CoinDesk Friday that
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