Bitcoin ETFs: Another Reckoning Day Looms

This article was originally published on ETFTrends.com. The Securities and Exchange Commission (SEC) set Monday, Nov. 5, 2018 as the deadline for public comments on nine previously rejected bitcoin ETFs. Earlier this year, the SEC rejected the applications, preventing the digital currency from gaining more acceptance from investors who are wary of the unregulated exchanges of cryptocurrencies. The SEC’s Division of […]

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You’re lucky! You get another shot at Powerball’s bigger $430M jackpot or Mega Millions’ $970M

Maybe it’s lucky you didn’t hit the latest Powerball jackpot because you now have a shot at an even bigger bonanza on Saturday: $430 million. Or you could just hit the Mega Millions on Friday night with its new jackpot of $970 million and claim the second-largest prize in U.S. history. Lottery fever is breaking out all over now that neither of the big […]

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GE on track for another big week

Ken Langone blames Jeff Immelt for GE’s financial woes Home Depot co-founder Ken Langone accused former General Electric CEO Jeff Immelt of destroying GE. General Electric’s shares started the week higher, continuing last week’s advance when the company’s stock appreciated 17 percent, marking the best weekly gain for the shares since they bottomed during the Great Recession in 2009. Continue […]

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Micron Hides Another Key Metric From Investors

Just as the booming market for memory chips begins to cool off, Micron Technology (NASDAQ: MU) is making it harder for investors to understand its results. During the company's earnings call earlier this month, CFO David Zinsner announced that the memory chip manufacturer would no longer disclose gross margins for its DRAM and NAND product categories. This isn't the first […]

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Another Tenuous Spot For Bitcoin

This article was originally published on ETFTrends.com. Bitcoin, the largest digital currency by market capitalization, resides just below $6,300 (as of this writing), indicating it is holding the $6,000 area and then some, but concerns linger about the near-term fate of the crypto space should bitcoin fall below $6,000. Last week, bitcoin prices slumped amid news that Goldman Sachs is […]

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Gimme a break? Nestle suffers another blow in KitKat trademark case

Europe’s top court has dealt Nestle a major setback in its effort to trademark the shape of the four-finger KitKat. The European Court of Justice (ECJ) dismissed an attempt by Nestle to overturn a ruling that it had not done enough to prove the chocolate bar’s shape deserved legal protection. The ECJ said the European Union Intellectual Property Office should […]

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