Battered bitcoin will reach $50,000 by end of year, says founder of crypto exchange
Despite the recent bloodbath in cryptocurrencies, Bitcoin bull Arthur Hayes said the popular digital coin will reach $50,000 by the end of the year. Bitcoin’s price has been on a wild roller coaster with investors, but “something that goes...
Facebook gave preferential treatment to 61 companies after restricting user data back in 2015
Facebook has admitted that it gave dozens of companies access to its users’ data after saying it had restricted access to such data back in 2015, the latest wrinkle in a firestorm over how the social network manages user information....
Retaliation for US tariffs kicked in on Sunday — taking aim at ketchup, whiskey and soup
U.S. farmers and food producers are in the crosshairs of a global trade conflict that shows no signs of abating anytime soon — and trade tensions escalated in a big way Sunday. New tariffs were imposed by Canada on beef,...
Tesla to start turning a profit this year: Analyst
Tesla may start turning a profit as early as this year, automotive analyst Jamie Albertine told CNBC. “Based on what we’re seeing in the trajectory of production, we think they will be profitable on a non-gap basis later this year,”...
Chinese stocks tumble into bear market, with Shanghai index on pace for worst year since 2011
U.S. stock investors aren’t the only ones suffering from anxiety over the Trump administration’s trade policies. China’s Shanghai composite is tracking for its worst year in seven after falling 8 percent in June, amid escalating trade tensions and Beijing’s efforts...
Domino’s is getting a new CEO, but analyst expects growth will continue
Domino’s Pizza CEO Patrick Doyle will step down from his post this weekend but analyst Matthew DiFrisco told CNBC that the company has the right recipe for continued success. “Personalized marketing is the key,” DiFrisco, managing director at Guggenheim Securities,...
Union Square Ventures is investing in crypto for the long haul, but won’t start a dedicated fund
Union Square Ventures has big plans to profit on a potential trillion-dollar business in blockchain and crypto in 10 years. But those plans won’t include starting a separate fund, according to a top executive. “We’re not planning to do...
Bank of America CEO: One big way to help veterans is help them get capital to start a business
Each year, more than 200,000 U.S. military veterans return to civilian life after serving our country in uniform. According to the Small Business Administration, 10 percent of veterans would like to own their own business. Veterans are disciplined, well-trained leaders....
Value investor David Katz is bullish on the second half of 2018 but sees a ‘big wild card’
Volatility will continue in the second half of the year but the market should ultimately end higher, noted value investor David Katz told CNBC on Friday. “The corporate tax cut is a windfall for companies and for the economy,” the...
Tesla’s nearly 2,000% gain from its IPO eight years ago shows power of disruption over profits
Tesla CEO Elon Musk has made the electric car maker’s shareholders a lot of money. The company’s stock is up nearly 2,000 percent from its $17 per share initial public offering, which was held eight years ago on June 29,...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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