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Monday, May 4, 2020

News Corp appoints Almar Latour as CEO of Dow Jones

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News Corp appoints Almar Latour as CEO of Dow Jones
Stock Market News     •     May 4, 2020, 6:45 pm
What Might Gilead’s Covid-19 Drug Cost — $10 or $4,500?
MarketWatch - Facebook page/group     •     May 4, 2020, 4:16 pm
What will Gilead charge? The debate is moot for the moment, as Gilead has said it would donate its current stock of more than 140,000 treatment courses. But it could be important in the coming…
Goldman Sachs says the global economy has likely bottomed out already as coronavirus lockdown efforts pay off
Finance     •     May 4, 2020, 6:13 pm
Goldman Sachs thinks economic activity has likely bottomed as lockdowns and social-distancing restrictions start to ease across the globe. In a note published on Monday morning, Goldman estimated…
How companies will work post COVID19: embracing a remote-first culture.
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 6:12 pm
How companies will work post COVID19: embracing a remote-first culture. #Crypto #DigitalGold #Transaction #Facebook #Dollar #Management #Capitalization #News #CPU #Trading
Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 6:00 pm
Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended…
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Report: Antminer S9s produce around 23% of bitcoin’s current hash rate

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Report: Antminer S9s produce around 23% of bitcoin’s current hash rate
The Block     •     May 4, 2020, 5:51 pm
Bitmain's Antminer S9s produce around 23% of the total bitcoin hash power output, new research by Coin Metrics has found.  The company's research efforts assessed that S9s contributed as much as 78%…
Coronavirus will constrain U.S. meat supply despite Trump order: Tyson Foods
Stock Market News     •     May 4, 2020, 5:35 pm
Robinhood just raised a $280 million round of funding led by Sequoia Capital, making it worth over $8 billion
Finance     •     May 4, 2020, 5:35 pm
Investing app Robinhood just announced a $280 million Series F at a $8.3 billion valuation. Previous investor Sequoia Capital led the round, with participating from NEA, Ribbit Capital, 9Yards…
Legendary short-seller Jim Chanos on the appetite for risk in this market: It’s ‘a little bit disconcerting’
MarketWatch - Facebook page/group     •     May 4, 2020, 5:37 pm
The Trump administration says we could see an historic rebound for the economy in 2021. Jim Chanos isn't so sure.
Lebanese Currency Collapse: Failed Policies Led to Economic Meltdown
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 5:30 pm
Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how…
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'The era of tax cuts is over': The wealthy US 'investor class' will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says

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'The era of tax cuts is over': The wealthy US 'investor class' will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says
Finance     •     May 4, 2020, 4:45 pm
The "investor class" that reaped the benefits of President Donald Trump's 2017 tax cut will likely pay for much of the government's coronavirus stimulus, Jim Millstein, co-chairman at Guggenheim…
Ethereum DEX trading volumes are rising rapidly in 2020
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 3:15 pm
Ethereum DEX trading volumes are rising rapidly in 2020 #Capital #Options #StartUp #Money #Management #Blockchain #Bank #SmartMoneyManagement #Crypto #Banking
Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.99%
Stock Market News     •     May 4, 2020, 4:35 pm
Andreessen Horowitz leads $21.6M token sale for NEAR’s proof-of-stake blockchain
The Block     •     May 4, 2020, 4:37 pm
The NEAR Foundation, which recently launched the mainnet for its Proof-of-Stake (PoS) blockchain, has secured $21.6 million in a token sale led by Andreessen Horowitz.  NEAR is a public PoS network…
US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 2:29 pm
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great…
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Craig Wright's billion-dollar lawsuit is finally going to trial - Decrypt

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Craig Wright's billion-dollar lawsuit is finally going to trial - Decrypt
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 2:10 pm
Craig Wright's billion-dollar lawsuit is finally going to trial #Crypto #BTC #Investing #Options #Management #SmartMoneyManagement #Decentralize #Transaction #Dollar #Support
S&P 500, Dow dip as Buffett dumps airlines, China tensions flare
Stock Market News     •     May 4, 2020, 3:50 pm
Dow sinks 200 points as US-China tensions grow, airlines plummet after Buffett sale
Finance     •     May 4, 2020, 4:00 pm
US stocks fell Monday amid investor concern over a further escalation of the long-running conflict between the US and China. Big tech gains led the Nasdaq higher mid-day. Airline stocks plunged after…
Citizens may have to nominate 10 friends to isolate with mid-lockdown, causing a potential social ‘nightmare’
MarketWatch - Facebook page/group     •     May 4, 2020, 2:52 pm
Ready, set ... choose your top 10 friends? It's a real idea the U.K. and Belgium are considering. And it could create mayhem.
Analysts Advocating Gold Over Fiat Is Bitcoin’s Time To Shine
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 3:00 pm
The recent money-printing spree the Federal government has gone on has prompted financial analysts everywhere to advocate holding gold over fiat. However, the reasons they are providing are also the…
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Ripple paid $16.6 million in XRP incentives to MoneyGram in Q1 2020

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Ripple paid $16.6 million in XRP incentives to MoneyGram in Q1 2020
The Block     •     May 4, 2020, 2:31 pm
Ripple has paid money services firm MoneyGram more incentives in the first quarter of 2020, amounting to a total of $16.6 million. The publicly-traded remittance company revealed the figure in its…
THE KUAILIAN ECOSYSTEM BRINGS US CLOSER TO THE MOST ADVANCED BLOCKCHAIN-BASED AUTOMATIONS
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 2:32 pm
Cryptocurrencies have been with us for more than 10 years and since the publication of the Bitcoin White Paper, blockchain technology has not stopped evolving. At the same time, the way of working to…
The average cost of car insurance in the US
Finance     •     May 4, 2020, 2:29 pm
Car insurance prices include a variety of factors, and every insurance company looks at those factors differently. According to premium information gathered by Business Insider, the average cost for…
GE Aviation to cut workforce by up to 13,000 jobs, or 25%
Stock Market News     •     May 4, 2020, 2:50 pm
Colleges consider staying closed until 2021, likely leading to drop in enrollment
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 11:47 am
Colleges at risk of losing tuition dollars must embrace cost-cutting measures like furloughing staff, slashing financial aid budgets or face going out of business entirely.
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Uber's Careem cuts 31% of workforce

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Uber's Careem cuts 31% of workforce
Stock Market News     •     May 4, 2020, 2:00 pm
U.S. airline shares tumble as Buffett stake sell-off fuels investor worries
Stock Market News     •     May 4, 2020, 1:55 pm
$10 billion stablecoin boom as Bitcoin halving nears - Decrypt
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 1:12 pm
$10 billion stablecoin boom as Bitcoin halving nears #Price #Tech #Banking #Wealth #Investing #Funds #Market #Asset #Altcoin #Trading
tBTC proposed as DAI collateral type to DeFi lending protocol Maker
The Block     •     May 4, 2020, 1:15 pm
tBTC, a yet-to-be-launched Ethereum-based token backed 1:1 by bitcoin, has been proposed as a DAI collateral type to DeFi lending protocol Maker. The proposal was put forth by tBTC project lead Matt…
Here's how long it will take the US economy to reopen, and to recover
Finance     •     May 4, 2020, 1:40 pm
Top analysts from Deutsche Bank, Morgan Stanley, Jefferies, and Bank of America used global and national data to predict how the US economy would reopen and how long it would take to recover to…
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'Big 4' airline stocks plummet after Warren Buffett revealed that Berkshire Hathaway dumped them in April

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'Big 4' airline stocks plummet after Warren Buffett revealed that Berkshire Hathaway dumped them in April
Finance     •     May 4, 2020, 12:50 pm
The "big four" US airline stocks plummeted as much as 10% in pre-market trading on Monday. Warren Buffett sold his roughly 10% stakes in American, Delta, United, and Southwest in April, he revealed…
This Bitcoin Factor That Marked Start of 300% Rally In 2019 Is Back
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 12:00 pm
Bitcoin is just half a day into this week, but the cryptocurrency is already off to a bad start. As of this article’s writing, BTC is trading at $8,600 — just shy of 10% below last week’s high around…
This year is lining up exactly like the 2000 dot-com bubble crash — stocks will drop 40% from here, former Goldman manager says
MarketWatch - Facebook page/group     •     May 4, 2020, 12:57 pm
If even Warren Buffett is hoarding a record amount of cash, that's a bad sign, according to this former Goldman manager.
Someone built a Bitcoin mining farm in Animal Crossing - Decrypt
SmartMoneyManagement - Facebook page/group     •     May 4, 2020, 12:03 pm
Someone built a Bitcoin mining farm in Animal Crossing #Bank #Facebook #Decentralize #Privacy #Banking #Investing #Trading #Cryptocurrency #Tech #CPU
U.S. airline shares tumble as Buffett stake riddance fuels investor worries
Stock Market News     •     May 4, 2020, 12:45 pm
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Bitcoin Was Just Mentioned in “Billions” Again: Here’s How It Went Down

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Bitcoin Was Just Mentioned in “Billions” Again: Here’s How It Went Down
The Bitcoin News – Bitcoin and Blockchain News     •     May 4, 2020, 10:00 am
Bitcoin and crypto assets are far from the levels of popularity they had at the peak of 2017’s bubble. Yet this asset class remains a key theme in pop culture, acting as a plot device in the latest…
Porsche-backed blockchain startup Gapless raises $6 million in fresh funding
The Block     •     May 4, 2020, 9:55 am
Gapless, the Porsche-backed blockchain startup for vehicle management, has raised ‎€5.5 million (~$6 million) in fresh funding. The round was led by FinLab EOS VC Fund, a joint venture between…
Here are Warren Buffett's 25 best quotes from Berkshire Hathaway's annual meeting, where he discussed airlines, coronavirus, and bailouts
Finance     •     May 4, 2020, 11:51 am
Warren Buffett talked about airlines, coronavirus, bailouts, and other subjects during Berkshire Hathaway's annual meeting on Saturday. The famed investor and Berkshire CEO cohosted the virtual event…
Ron K Virtual Trading Room - A Heartfelt Email
Stock Market Best-Kept Secrets     •     May 4, 2020, 10:59 am
Received this email from a participant who watched my Youtube video and wanting to join my virtual trading room. I read the email and I hear you Mr Yap but as much as I want to help you, there are…
U.S. arms makers and medical device firms team up to make ventilators
Stock Market News     •     May 4, 2020, 11:36 am
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