The world-famous company Alphabet reached a historic milestone. The parent company of Google became the fourth U.S. company to hit the $1 trillion market capitalization. The first U.S. company to achieve this feat was Apple when its market cap reached $1 trillion back in 2018. Other companies followed the footsteps of the Cupertino-based company. Microsoft …
Phones provided as part of a federal program might have come with viruses, says Malwarebytes Labs. The organization found Chinese malware preinstalled on the UMX U686CL, the budget Android device used for the Lifeline Assistance Program. Malwarebytes Labs found two pieces of preinstalled malware in the device suspected of having Chinese origin. One called Wireless …
Android Lifeline Phones, At Risk of Chinese Malware Read More »
One of the major arguments against the Bitcoin is that at one point, something better will replace the Bitcoin. Currently, it is the biggest cryptocurrency in terms of market capitalization. Moreover, there is a more specific version of this argument. According to this version, a new digital currency owned by a government or corporation will …
Central Bank-Issued Cryptocurrencies vs. Bitcoin Read More »
Phil Hogan became the European Commissioner for Trade on December 1, 2019. He arrived in Washington D.C., to discuss various issues with U.S. officials. As part of his first official visit, he met with U.S. Trade Representative Robert Lighthizer as well as with Treasury Secretary Steven Mnuchin. Hogan discussed the details of his visit on …
EU Trade Commissioner’s Visit to Washington, D.C. Read More »
It is interesting to have a look at how U.S. stocks reacted to the trade deal as well as the earnings season. Recently, Bank of America released quarterly reports that exceeded analyst expectations. Moreover, Goldman Sachs reported revenue for the quarter that also surpassed the market expectations. BlackRock, UnitedHealth, and PNC Financial also surprised the …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDHKD The pair is trading with very minimal volume in recent sessions. The 50-day moving average is heading steeply downward, indicating prevalent bearish sentiment for the pair. Over in Hong Kong, the latest protests …
Daily Market Charts and Analysis January 17, 2020 Read More »
Cryptocurrencies such as Bitcoin, Ethereum, and others offer several advantages in comparison with fiat currencies. One of the main differences is that central banks are not controlling the crypto money. There are some problems as well. Two days ago, the House Financial Services Committee (FSC) discussed some of those issues. The FSC subcommittee hearing was …
Financial Services Committee and Cryptocurrencies Read More »
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