Posts From Janine

Janine

Janine

Janine is our editor for related stock market news. Andrew and Janine will be focusing on providing the latest trends and where the next hit could be

HTC Smartphone Exodus Supports Monero Mining

  The cryptocurrency market remains bullish with Bitcoin (BTC) hovering around the 7,000 level. At the time of writing this article Bitcoin was trading at $6,861.46, representing a gain of 1.8% in the last 24 hours. Ether (ETH) has gained

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JPMorgan Warns on FY 2020 Earnings, May Suspend Dividend

  The Chairman and CEO of JPMorgan Chase & Co (NYSE: JPM), Jamie Dimon, stated that he anticipates the COVID-19 issue to cause a “bad recession” and display characteristics of financial stress similar to 2008 global downturn. Dimon, in his

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Euro Plunges on 7-yr Low Mfg. Activity in the Eurozone

  The euro dollar plunged against the yen yesterday after data from the IHS Markit indicated contraction in the Eurozone manufacturing activity at the quickest rate in seven years as COVID-19 had a severe negative impact on factory orders, jobs,

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KB Homes Beat on Q1 Earnings, Withdraws FY 2020 View

  The house construction company KB Home (NYSE: KBH) reported fiscal 2020 first-quarter earnings that almost doubled from last year. The company also blew away the earnings estimate of analysts. As the market stares at unparalleled levels of uncertainty, the

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Baird Upwardly Revises Netflix to ‘Outperform’

  The on-demand video provider Netflix Inc (NASDAQ:  NFLX) was upgraded to an ‘Outperform’ from a ‘Neutral’ rating by William Power, an analyst at Baird, citing that the company continues to record a surge in subscriber count in coronavirus infected

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Canadian Dollar Declines as Oil Plunges to $20 Per Barrel

  The greenback rallied against the Canadian dollar after Statistics Canada reported lower-than-anticipated median consumer price index for February. The loonie’s decline was also aided by fears of a global recession, which has encouraged speculators and money managers to aggressively

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Pentagon To Review JEDI $10bln. Cloud Contract

  The New York court filings made by the US Department of Defense indicates that it is interested in relooking at the multi-billion-dollar cloud contract awarded to Microsoft Corporation (Nasdaq: MSFT). The cloud division of the online retailer Amazon.com, Inc.

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China’s Exports Plummet 17.2% in January-February Period

  In the offshore market, the Chinese yuan lost 0.3% to trade at 6.9053 a dollar as data published by the country’s General Administration of Customs indicated a sharp decline in exports from January to February. As the country grapples

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Walmart Joins Hyperledger Along with Seven More Firms

  The cryptocurrency market remains range bound with Bitcoin (BTC) hovering around $9,000. In the past 24 hours, Bitcoin has gained 0.8% to trade at $8,889.43. Ether (ETH) has gained 0.1% to trade at $226.64. Likewise, XRP has gained 0.2%

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Microsoft Issues Q3 Earnings Warning on Virus Concerns

  Microsoft (Nasdaq: MSFT) announced on Thursday that it might miss the quarterly revenue outlook issued earlier for the personal computing segment, which includes Windows, tablets and Surface laptops. The company clarified that the likelihood of missing the earlier guidance

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