Posts From Richard W

Richard W

Richard W

Richard is the guy who know everything there is about the financial industry, working in a top firm for over 15 years, he will give the lowdown on some of the biggest companies in the world

Solid GDP Data Sparks Relief Rally In Kiwi Dollar

  The New Zealand Dollar began rallying against the basket of currencies representing developed economies on Thursday after Statistics New Zealand reported an impressive economic expansion during the second quarter. The report contradicted the Reserve Bank of New Zealand’s (RBNZ)

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IBM To Launch ‘Yellow Pages’ Equivalent For Crypto Sector

  The cryptocurrency market continues to remain weak, with Ethereum (ETH) and Bitcoin (BTC), the top two cryptos by market cap, struggling to stay above $200 and $6,000, respectively. All top altcoins, including EOS (EOS), Litecoin (LTC), Monero (XMR), Bitcoin

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Ethereum Leads Cryptomarket Decline

  The entire cryptocurrency market remains bearish with Bitcoin (BTC) managing to hold above $6,000 level. This week saw Ethereum (ETH), which has been the most favorable network for launching DApps, drop below $200 for the first time in 2018.

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Silk Road Bitcoin Moves To Exchanges, Triggering Selloff

  After remaining range-bound for over one week, the cryptocurrency market has entered into a correction phase. The sell-off was triggered by the news that a Bitcoin wallet address, which was holding 111,114 Bitcoins (BTC), worth about a billion dollars,

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The Yemen Rial Plunges As Protesters Take To Streets

  The Yemeni rial plunged to 620 a dollar yesterday as demonstrators took to the streets to protest against the deteriorating economic situation in the war-torn country. The protestors added to the pollution by burning tires on roads, paralyzed traffic

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Australia’s TPG Merges with Vodafone in A$15bn Deal

  On Thursday, Australia’s TPG Telecom (TPM.AU) and Vodafone Hutchison Australia have agreed to merge in a deal that would result in the formation of a new $10.9bn (A$15bn) company, while bringing about significant changes in Australia’s telecommunications sector. The

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Pound Rallies, Warding Off Brexit Concerns

  The British Pound, which fell to a 14-month low of 1.2662 last week, has recovered in the past two trading sessions – primarily aided by the greenback’s weakness. Meanwhile, the British Brexit Minister is headed to Brussels for a

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Bank of America Raises Apple’s Target Price To $250

  Iconic iPhone manufacturer Apple Inc. (NASDAQ:AAPL) reported its fiscal Q2 2018 results last month, surpassing Wall Street anticipations in terms of revenue. The company also made history by becoming the first and only $1 trillion public company in the

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Intel Launches Densest Solid State Drive, Plans 10nm Chip

  Semiconductor chip manufacturer Intel Corporation (NASDAQ: INTC) has been on a decline due to rising competition from AMD. The stock was also downgraded by Barclays earlier this week, citing similar concerns. However, Intel is gearing up for the competition

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Apple Is On Course To Reach $1 Trillion Market Cap

  Shares of the world’s most valuable company and the iconic iPhone manufacturer Apple Inc. (Nasdaq: AAPL) rose 5.50% yesterday to close at 201.50, after the company reported exceptional third-quarter results that blew away analysts estimates and slow down concerns.

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