Stocks on track for 3-day rally as S&P 500 makes new record high

LIVE: Are we in a #bitcoin bubble?

  • Stocks are slightly up at the midday mark, with the S&P 500 (^GSPC, SPY) making a new all-time high, and with the Dow Industrials (^DJI, DIA) and the Nasdaq (^IXIC, QQQ) chasing their all-time highs.
  • Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange.
  • To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman, Justine Underhill and Yahoo Finance tech critic David Pogue.
  • Yahoo Finance’s Dan Roberts also interviews Brian Cristiano, founder and CEO of BOLD Worldwide about the future of sports advertising.

Yahoo Finance’s LIVE market market coverage and analysis of stocks and bonds begins each day at 11:45 a.m. ET.
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Can The Transport Ecosystem Be Disrupted with Blockchain?

  • With the fast-paced emerging of technology, blockchain has been born and now fills up the commerce and business news.
  • Today, many companies are already testing the capabilities and possibly leveraging the uses of Blockchain technology into their core business, and because of its popularity, start-up companies emerged on the surface.
  • Blockchain can disrupt the transport ecosystem in such a way as it will be more convenient and safer for the consumers and it will build trust and innovative solutions to the current transportation systems.
  • Blockchain technology will also provide security for the user’s identity, age, coverage such as insurances, ability to pay while being under the protection of anonymity of the commuter’s travel information.
  • Promising businesses such as DOVU aims to change the way we live, the way we do business and the way we travel by enabling a system that is powered by data and trust.

With the fast-paced emerging of technology, blockchain has been born and now fills up the commerce and business news. It is taking everything by storm an…
Continue reading “Can The Transport Ecosystem Be Disrupted with Blockchain?”

BBC

  • It’s all down to that left hand of his…

    “Basically when I started playing the guitar, I picked up a right-handed guitar.

  • ‘Cause that was all… my mom had a right-handed guitar in the house,” Bieber told Nightline.
  • My mom would switch it the other way.
  • My mom, I think it was for my birthday, she bought me a left-handed guitar.
  • And so ever since I was young I learned on a left-handed guitar.”

From Biebs to J Law, these celebs are living their best left-handed life…
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Bitcoin’s explosive gains could spell good news for stocks

#Bitcoin's explosive gains could spell good news for stocks

  • REUTERS/Lucas Jackson

    Bitcoin is trading at a record high on Monday, up 3.92% at $3,356 a coin.

  • These kinds of astronomical gains in bitcoin, it turns out, are correlated with a strong showing by stocks too, according to Nautilus Investment Research.
  • To be more specific, the firm says that of the 18 previous instances when bitcoin returned at least 30% in a month, the S&P 500 was higher 15 times two months later and 17 times three months out, averaging gains of 3.61% and 4.66%, respectively.
  • Nautilus doesn’t offer a reason, but it does note that it could just be that bitcoin is a “barometer for animal spirits in the markets.”
  • In other words, when traders are going nuts about a highly-speculative investment like bitcoin, that same risk-loving attitude might turn up among the folks who trade stocks.

Bitcoin is trading at a record high on Monday, up 3.92% at $3,356 a coin. It has gained…
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Blockchain technology is moving into the financial mainstream with IBM and seven European banks

  • IBM is building blockchain technology that will be used by seven of Europe’s largest banks, including HSBC and Rabobank, to facilitate international trade for small and medium-size enterprises, the company said on Tuesday.
  • The project will mark one of the first real-world use cases of blockchain technology in financial institutions.
  • The potential of blockchain has been praised by the banking industry over the past couple of years, but the first real applications are beginning.

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and Unicredit are the banks that are part of the consortium.
Continue reading “Blockchain technology is moving into the financial mainstream with IBM and seven European banks”

Blockchain technology is moving into the financial mainstream with IBM and seven European banks

#Blockchain al servizio delle PMI con lo use case di @IBM e altre 7 banche EU

  • IBM is building blockchain technology that will be used by seven of Europe’s largest banks, including HSBC and Rabobank, to facilitate international trade for small and medium-size enterprises, the company said on Tuesday.
  • The project will mark one of the first real-world use cases of blockchain technology in financial institutions.
  • The potential of blockchain has been praised by the banking industry over the past couple of years, but the first real applications are beginning.

Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and Unicredit are the banks that are part of the consortium.
Continue reading “Blockchain technology is moving into the financial mainstream with IBM and seven European banks”

GPU Makers Are Now Specifically Targeting Ethereum And Bitcoin Miners

GPU makers are now specifically marketing to bitcoin and ethereum miners

  • But traditional graphics cards are not especially well-suited to the cryptocurrency mining gold rush.
  • The solution may well be on the way, in the form of graphics cards made specifically for cryptocurrency miners.
  • There are now two such cards listed on the website of PC component maker ASUS: the MINING GP106-6G and the MINING RX470-4G.
  • The product page claims that the GP106-6G, “enhances the megahash rate by up to 36% compared cards in the same segment that are not tailored for mining.”
  • AMD’s graphics cards have long been the preferred choice for cryptocurrency miners.

A pair of ASUS cards with few or no display outputs and heavy-duty cooling may be just what the miners are after.
Continue reading “GPU Makers Are Now Specifically Targeting Ethereum And Bitcoin Miners”