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Winklevoss brothers choose BATS over Nasdaq for bitcoin ETF listing

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors Cameron and Tyler Winklevoss on Wednesday filed to switch the listing of their proposed bitcoin exchange-traded fund to BATS Global Markets from Nasdaq, according to a filing with the Securities and Exchange Commission. Show More Summary

Markets are lifting off (SPY, SPX, DJI, IXIC, NKE, TLT, TLO, USD, DXY)

Stocks are rallying for a second straight day since the sell-off after the UK referendum last week. The pound is also higher. Near 3:24 a.m. ET, the Dow is up 282 points, the S&P 500 is up 35 points, and the Nasdaq is up 89 points. The...Show More Summary

Eva Longoria Gets Second Tesla, Shows Love For Model X

Originally published on EV Annex. By Matt Pressman There are many celebrities that own and love electric vehicles from Tesla Motors [NASDAQ: TSLA]. Who’s the latest one? Hollywood actress and Golden Globe winner Eva Longoria is probably best known for her role on Desperate Houeswives. Show More Summary

WESTERN DIGITAL LAUNCHES WORLD’S FASTEST 256GB MICROSD CARD, BROADENS SANDISK MEMORY CARD PORTFOLIO WITH NEW HIGH-CAPACITY SOLUTIONS

TWO 256GB MICROSD CARD ADDITIONS TO RECORD-SETTING SANDISK FAMILY OF MEMORY CARDS BRING BREAK-THROUGH PERFORMANCE MOBILE WORLD CONGRESS SHANGHAI, China – Western Digital® Corporation (NASDAQ: WDC), a global storage technology and solutions...Show More Summary

Brexit Exit: Seagate, Micron other Component Makers Lead the Market Out

Shares are surging today after two days of sharp losses, the Nasdaq up 1.6% at $4,668.51, being lead by storage and memory component stocks, as information technology is one of the top sectors today, just behind energy. Seagate Technology (STX) is one of the biggest gainers, up $1.43, or almost 7%, at $22.30; Micron Technology (MU), the […]

Window dressing caused dead cat bounce? GMI issues Sell signal

The market is so oversold with 87% of NASDAQ 100 stocks trading at or below their lower 15.2 Bollinger Band on Monday. Futures portend a bounce this morning. But I am going to cash, given the GMI is now at a Sell.  This weekly chart of the QQQ suggests an ominous Stage 2 decline. The... Read more...

S&P 500 Plunges Below 2,000 Level, Biggest Drop Since August Crash

Well that escalated quickly... S&P Breaks below 2000... With the biggest 2 day drop since August crash... Nasdaq remains the worst hit since the Brexit vote...

BLACKBERRY AND EMTEK FORGE PARTNERSHIP TO ACCELERATE AND ADVANCE BBM’S CONSUMER BUSINESS GLOBALLY

Alliance to transform BBM’s cross-platform offerings through new content-rich features and innovative BBM services Waterloo, ON and Jakarta, Indonesia – BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global leader in secure mobile communications, announced a strategic alliance with PT Elang Mahkota Teknologi Tbk. Show More Summary

Dow Down 200+ as Markets Wake to Brexit Again

It's Day 2 of the new Brexit reality, at least as far as the markets are concerned, and the Dow started the day down roughly 1%, with the drop hovering around 205 points as of this writing at 17,195. The S&P 500 and Nasdaq were down roughly the same...

Autodesk, Western, Qorvo Lead Declines on Day Two of Brexit Aftermath

It’s another day of sharp sell-offs following a 4% decline in the Nasdaq Composite on Friday in the wake of the U.K.’s vote to exit the European Union. The Nasdaq is off 86 points, or 1.8%, at $4,621.26. Among losers, information technology is one of the worst sectors today, down 2.55%, beaten only by the […]

Marvell Launches Advanced Suite of IoT Application Processors for Home Automation, Industrial, and

Marvell (NASDAQ: MRVL), a world leader in storage, cloud infrastructure, Internet of Things (IoT), connectivity and multimedia semiconductor solutions, today launched a highly optimized suite of IoT application processors for home automation, industrial, and wearable applications. Show More Summary

After Brexit, These Biotech Stocks Are Vulnerable To A Mighty Dollar

The iShares Nasdaq Biotechnology ETF (IBB) ended down 5% on this Union Jack Friday. M. Ian Somaiya at BMO Capital Markets says the Brexit could come to hurt the top-lines of most biotechnology companies if Friday’s generational currency swings continue to strengthen the dollar. The British pound fell on Friday to its lowest level versus […]

Weekly Scoreboard

Indices S&P 500 2, 0 51.42 -.94 % DJIA 1 7,493.30 -1.02 % NASDAQ 4,725.44 -1.53% Russell 2000 1, 130.20 -1.25 % S&P 500 High Beta 29.05 -1.92 % Goldman 50 Most Shorted 99.98 -1.49% Wilshire 5000 2 1, 113.20 -1.10 % Russell 1000 Growth...Show More Summary

WESTERN DIGITAL INTRODUCES FLASHSOFT 4 SOFTWARE FOR VMWARE VSPHERE 6 AND NEW FLASH VIRTUALIZATION SYSTEM FOR NON-DISRUPTIVE ACCELERATION OF VIRTUAL ENVIRONMENTS

BREAKTHROUGH SOLUTIONS DELIVER SEAMLESS, COST-EFFECTIVE FLASH ACCELERATION MILPITAS, Calif., – Western Digital® Corporation (NASDAQ: WDC), a global storage technology and solutions leader, today announced two new virtualization solutions designed to significantly improve virtual machine performance and density in VMware® vSphere® environments. Show More Summary

Dow Sinks 500+ at Open

The Brexit vote is having the expected effect on the US stock market: The Dow dropped more than 500 points, about 3%, at the open, and the S&P 500 and Nasdaq were similarly tanking, reports Marketwatch. The dismal start follows awful performances at markets around the world as investors worry...

Apple, Microsoft, Alphabet et al Decline 3% as Nasdaq Indicated to Open 153 Points Lower on Brexit

With futures sharply lower this morning following Great Britain’s vote to leave the European Union, shares of individual tech names are also selling off en masse.  The Nasdaq futures indicate an implied open of down 153 points. Among major tech names, Apple (AAPL) is down $2.50, or 2.6%, at $93.60; Alphabet (GOOGL) is down $24.87, or […]

BLACKBERRY ANNOUNCES ELECTION RESULTS FOR THE COMPANY’S BOARD OF DIRECTORS

Waterloo, ON – BlackBerry Limited (Nasdaq: BBRY; TSX:BB) announced today that the eight nominees listed in the Company’s management information circular dated May 5, 2016 for the Company’s annual and special meeting of shareholders held...Show More Summary

Amazon to add bookstore in Portland, compete with Powell's

SEATTLE—Amazon (Nasdaq: AMZN) has chosen Portland as the latest location for its brick-and-mortar bookstores. A senior property manager for Washington Square, an upscale shopping center in Portland, told the Puget Sound Business Journal that Amazon will open a store in the center this fall. Show More Summary

WESTERN DIGITAL COLLABORATES WITH HEWLETT PACKARD ENTERPRISE AND VMWARE TO DELIVER THE INDUSTRY’S FIRST OLTP PERFORMANCE RESULTS FOR SQL SERVER 2016 DATABASE ON VIRTUAL SAN

NEW ENTERPRISE READY, HYPER-CONVERGED INFRASTRUCTURE SOLUTION OFFERS OUTSTANDING PERFORMANCE AND SCALABILITY MILPITAS, Calif. – Western Digital Corporation (NASDAQ: WDC), a global storage technology and solutions leader, today announced...Show More Summary

How Can GM Stop Bleeding Money In Europe?

General Motors (NASDAQ: GM) has lost over $3 billion in Europe over the last three years. The company, which was expecting to grow significantly in the region by capturing a large slice of the growth driven by the Russian car market, has seen its market share decline, as it pulled out its brand from many […]

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