Facebook’s ‘Watch’ video tab strategy, according to Morgan Stanley

Facebook users spend upwards of 50 minutes a day on the platform — and as long as at least 7 of those are in the new video tab, it’s a good deal for the company, one analyst says. Morgan Stanley analyst Brian Nowak estimates that Facebook will make $565 million in revenue from the “Watch” tab video in 2018, on video spending of $400 million. That implies that each daily user in North American would spend about 20 minutes a day on the “Watch” tab videos. The users would only need to watch about 7


Facebook users spend upwards of 50 minutes a day on the platform — and as long as at least 7 of those are in the new video tab, it’s a good deal for the company, one analyst says. Morgan Stanley analyst Brian Nowak estimates that Facebook will make $565 million in revenue from the “Watch” tab video in 2018, on video spending of $400 million. That implies that each daily user in North American would spend about 20 minutes a day on the “Watch” tab videos. The users would only need to watch about 7
Facebook’s ‘Watch’ video tab strategy, according to Morgan Stanley Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: anita balakrishnan, getty images
Keywords: news, games, cnbc, companies, facebook, facebooks, day, users, tab, minutes, spending, strategy, nowak, video, morgan, according, watch, million, stanley


Facebook's 'Watch' video tab strategy, according to Morgan Stanley

Facebook users spend upwards of 50 minutes a day on the platform — and as long as at least 7 of those are in the new video tab, it’s a good deal for the company, one analyst says.

Morgan Stanley analyst Brian Nowak estimates that Facebook will make $565 million in revenue from the “Watch” tab video in 2018, on video spending of $400 million. About $200 million of the spending would be on producing content Nowak wrote in a note released on Friday.

That implies that each daily user in North American would spend about 20 minutes a day on the “Watch” tab videos. The users would only need to watch about 7 minutes of video for Facebook to break even on its $200 million content investment, Nowak wrote.

According to Nowak’s estimates and Neilsen data, users watch 40 minutes per day on YouTube (global average), 125 minutes a day on Netflix (U.S. average) and 260 minutes a day of traditional TV (U.S. average).

Facebook did not immediately respond to a request for comment.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: anita balakrishnan, getty images
Keywords: news, games, cnbc, companies, facebook, facebooks, day, users, tab, minutes, spending, strategy, nowak, video, morgan, according, watch, million, stanley


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Microsoft just made the ultimate mouse

It’s taken three and a half decades, but Microsoft has finally made the ultimate mouse. The Bluetooth-enabled Surface Precision Mouse, which Microsoft revealed in October alongside the second generation of its high-end Surface Book convertible laptop, is very comfortable while still looking elegant. While Amazon, Apple and Google are busy refining smart speakers that house their respective virtual assistants, Microsoft in recent years has focused on getting more traditional hardware right. In ye


It’s taken three and a half decades, but Microsoft has finally made the ultimate mouse. The Bluetooth-enabled Surface Precision Mouse, which Microsoft revealed in October alongside the second generation of its high-end Surface Book convertible laptop, is very comfortable while still looking elegant. While Amazon, Apple and Google are busy refining smart speakers that house their respective virtual assistants, Microsoft in recent years has focused on getting more traditional hardware right. In ye
Microsoft just made the ultimate mouse Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: jordan novet, andrew evers, cnbc
Keywords: news, games, cnbc, companies, surface, hardware, precision, scrolling, mouse, wireless, ultimate, mice, microsoft, right, xbox


Microsoft just made the ultimate mouse

It’s taken three and a half decades, but Microsoft has finally made the ultimate mouse.

The Bluetooth-enabled Surface Precision Mouse, which Microsoft revealed in October alongside the second generation of its high-end Surface Book convertible laptop, is very comfortable while still looking elegant. It’s got six customizable buttons, a rechargeable battery, a thumb rest, and a scroll wheel that can be switched from smooth and fast vertical scrolling to granular line-by-line scrolling. And you can use it with up to three PCs at the same time.

In other words, it’s just right — even if it does run on the expensive side at $100. Mice from Logitech and Razer have boasted some of its features, but none has felt this natural.

While Amazon, Apple and Google are busy refining smart speakers that house their respective virtual assistants, Microsoft in recent years has focused on getting more traditional hardware right. The Surface Studio all-in-one desktop PC is an engineering marvel. The Surface tablet has spawned countless imitations. And the latest Xbox is the world’s most powerful console. Office and Windows certainly bring Microsoft more revenue than Surface and Xbox products, but at the same time, the company has visibly raised its hardware standards under the leadership of Satya Nadella.

In years past, certain Microsoft mice have had shortcomings. The Intellimouse, which debuted in 1996, was corded or required an unwieldy wireless receiver for the better part of a decade. The Natural Wireless Laser Mouse 6000, which arrived in 2006, was said to have strangely placed buttons. The Explorer Mini Mouse, which showed up in 2008, had no off switch. The Arc Touch Mouse, which debuted in 2010, could lie flat but was an ergonomic mess.

The Surface Precision Mouse has none of these drawbacks.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: jordan novet, andrew evers, cnbc
Keywords: news, games, cnbc, companies, surface, hardware, precision, scrolling, mouse, wireless, ultimate, mice, microsoft, right, xbox


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Apple is in for a 10% year-end rally, charts suggest

The upper limit of that channel, says Gordon, is around the $185 to $190 level, which he says Apple could reach this month. His positive outlook on Apple lies with the stock’s near-term moves. While earlier this week Apple had slid back to the late October support level of $165, he does see “a three-step pattern” that suggests the stock will soon bounce higher. To take advantage of the possible rally in Apple, Gordon sold the Dec. 29 weekly 170-strike puts and bought the Dec. 29 weekly 165-strik


The upper limit of that channel, says Gordon, is around the $185 to $190 level, which he says Apple could reach this month. His positive outlook on Apple lies with the stock’s near-term moves. While earlier this week Apple had slid back to the late October support level of $165, he does see “a three-step pattern” that suggests the stock will soon bounce higher. To take advantage of the possible rally in Apple, Gordon sold the Dec. 29 weekly 170-strike puts and bought the Dec. 29 weekly 165-strik
Apple is in for a 10% year-end rally, charts suggest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: annie pei, luke sharrett, bloomberg, getty images, daniel acker, adam jeffery, brendan mcdermid, kcna, thomas barwick getty images, source
Keywords: news, games, cnbc, companies, suggest, weekly, level, 29, 158, week, yearend, gordon, charts, support, dec, apple, rally, 165


Apple is in for a 10% year-end rally, charts suggest

Apple shares have fallen more than 2 percent from its recent high, but one would be wise to buy the dip, says Todd Gordon of TradingAnalysis.com

According to Gordon, Apple has actually fallen into a “corrective support,” where the stock is sitting in the middle of an uptrend parallel channel, suggesting it is neither overbought nor oversold.

The upper limit of that channel, says Gordon, is around the $185 to $190 level, which he says Apple could reach this month. That’s about 8 to 11 percent move higher from current levels of around $170.

His positive outlook on Apple lies with the stock’s near-term moves. While earlier this week Apple had slid back to the late October support level of $165, he does see “a three-step pattern” that suggests the stock will soon bounce higher.

“We did take out the lows from last week and triggered some sell stops, [there was some fear in the] market but then you can see Apple recovering nicely here,” he said Thursday on CNBC’s “Trading Nation.” “It looks like we should be able to move on up towards the $180 level into late 2017 and early 2018, and perhaps reach $190 to $200, which will take Apple to a trillion dollar market cap.”

To take advantage of the possible rally in Apple, Gordon sold the Dec. 29 weekly 170-strike puts and bought the Dec. 29 weekly 165-strike puts for a credit of $1.58, or $158 per options spread. This $158 is his maximum reward for the trade, which he would get if Apple closes above $170 on Dec. 29 expiration.

“If we break back below these highs at about $165, I’m going to start being concerned about the outlook for this breakout,” he said. “I really want to see this former resistance hold now as support. If we break through $165, close the trade.”

Apple has surged 48 percent this year.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: annie pei, luke sharrett, bloomberg, getty images, daniel acker, adam jeffery, brendan mcdermid, kcna, thomas barwick getty images, source
Keywords: news, games, cnbc, companies, suggest, weekly, level, 29, 158, week, yearend, gordon, charts, support, dec, apple, rally, 165


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Stripe poaches Google’s smartwatch boss

Singleton had been Google’s “smartwatch king” since 2013 when he was appointed as the director of Android Wear. Google declined to comment on who will now lead Android Wear and Google Fit. Unlike Apple, Google focuses on creating smartwatch software which different hardware partners can use, versus building a complete product itself. In 2017, 24 different smartwatches launched using the Android Wear OS from a range of sport and high-end brands including Louis Vuitton and Michael Kors. At Stripe,


Singleton had been Google’s “smartwatch king” since 2013 when he was appointed as the director of Android Wear. Google declined to comment on who will now lead Android Wear and Google Fit. Unlike Apple, Google focuses on creating smartwatch software which different hardware partners can use, versus building a complete product itself. In 2017, 24 different smartwatches launched using the Android Wear OS from a range of sport and high-end brands including Louis Vuitton and Michael Kors. At Stripe,
Stripe poaches Google’s smartwatch boss Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: jillian donfro
Keywords: news, games, cnbc, companies, google, president, product, boss, android, stripe, smartwatch, wear, poaches, lead, apple, singleton, googles


Stripe poaches Google's smartwatch boss

Silicon Valley payments start-up Stripe has hired David Singleton, the man leading Google’s Android Wear and Google Fit teams, to be its new head of engineering, the company confirmed to CNBC.

Axios first reported the hire.

Singleton had been Google’s “smartwatch king” since 2013 when he was appointed as the director of Android Wear. During his 11-year career at Google he also worked on integrating voice search into apps and on publisher products for Google AdSense.

Google declined to comment on who will now lead Android Wear and Google Fit. Sameer Samat, former president at Jawbone who boomeranged back to Google last year, is the current vice president of product management for Android and Google Play.

Right now, Apple ships what is far and away the most popular smartwatch product on the market, with the Apple Watch holding 49.6% marketshare in the third quarter, according to IDC Research. Unlike Apple, Google focuses on creating smartwatch software which different hardware partners can use, versus building a complete product itself. In 2017, 24 different smartwatches launched using the Android Wear OS from a range of sport and high-end brands including Louis Vuitton and Michael Kors.

“We will miss David at Google and wish him all the best on his new adventure,” a spokesperson said on his departure.

At Stripe, Singleton will lead the company’s global engineering efforts.

Stripe CEO Patrick Collison, in a statement, describes Singleton as a strategic leader and “an engineer’s engineer — the kind of person who builds a deep learning-based autonomous remote-controlled car on a weekend.”


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: jillian donfro
Keywords: news, games, cnbc, companies, google, president, product, boss, android, stripe, smartwatch, wear, poaches, lead, apple, singleton, googles


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Jeff Bezos congratulates his Amazon team for winning a Guinness World Record in chicken-wing eating

According to Welch, the three tenants of good leadership include setting a vision, being direct — and making the work environment fun. In his two decades at the helm of General Electric, Welch grew revenues to $130 billion from $25 billion and profit to $15 billion from $1.5 billion. Your team needs to feel like the office is the “the cool kid’s basement,” says Welch, speaking at the Synergy Global forum in New York City. The workers,” Welch says. “Am I making them so excited they hate being hom


According to Welch, the three tenants of good leadership include setting a vision, being direct — and making the work environment fun. In his two decades at the helm of General Electric, Welch grew revenues to $130 billion from $25 billion and profit to $15 billion from $1.5 billion. Your team needs to feel like the office is the “the cool kid’s basement,” says Welch, speaking at the Synergy Global forum in New York City. The workers,” Welch says. “Am I making them so excited they hate being hom
Jeff Bezos congratulates his Amazon team for winning a Guinness World Record in chicken-wing eating Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: catherine clifford, getty images
Keywords: news, games, cnbc, companies, congratulates, guinness, bezos, record, team, eating, billion, making, welch, fun, 15, world, york, chickenwing, unit, winning, working, workers, jeff


Jeff Bezos congratulates his Amazon team for winning a Guinness World Record in chicken-wing eating

According to Welch, the three tenants of good leadership include setting a vision, being direct — and making the work environment fun. In his two decades at the helm of General Electric, Welch grew revenues to $130 billion from $25 billion and profit to $15 billion from $1.5 billion. Market capitalization ballooned to $400 billion, growing by a multiple of 30.

Since retiring, Welch has launched the online-only business school, the Jack Welch Management Institute. This year, its MBA program was ranked one of the best by Princeton Review.

Your team needs to feel like the office is the “the cool kid’s basement,” says Welch, speaking at the Synergy Global forum in New York City. “If you have a unit, you want the six people in your unit to think they have the world by the a– and the same thing if you have a 400,000-person GE.”

That’s because, “It’s not about me, it’s about them. The workers,” Welch says. “Am I making them so excited they hate being home on the weekend — they want to be in here, working? Am I making it so much damn fun here? Am I celebrating every little victory with a keg of beer or something else?” says Welch.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: catherine clifford, getty images
Keywords: news, games, cnbc, companies, congratulates, guinness, bezos, record, team, eating, billion, making, welch, fun, 15, world, york, chickenwing, unit, winning, working, workers, jeff


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A CVS-Aetna deal could force Wal-Mart to buy Humana, analyst says

A potential tie-up between CVS Health and insurer Aetna may force the health-care industry to rethink and further shuffle ownership. One analyst sees a natural connection between Wal-Mart and Humana as reason the retail giant could acquire the health insurer. Humana steers its members to Wal-Mart pharmacies for deals on prescription co-pays, which could lead to another blockbuster deal. She sees a potential deal for Humana going for more than $46 billion, saying a buyer would have to pay a “25 p


A potential tie-up between CVS Health and insurer Aetna may force the health-care industry to rethink and further shuffle ownership. One analyst sees a natural connection between Wal-Mart and Humana as reason the retail giant could acquire the health insurer. Humana steers its members to Wal-Mart pharmacies for deals on prescription co-pays, which could lead to another blockbuster deal. She sees a potential deal for Humana going for more than $46 billion, saying a buyer would have to pay a “25 p
A CVS-Aetna deal could force Wal-Mart to buy Humana, analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: michael sheetz
Keywords: news, games, cnbc, companies, cvsaetna, humana, analyst, billion, buy, force, potential, health, according, walmart, sees, deal, insurer


A CVS-Aetna deal could force Wal-Mart to buy Humana, analyst says

A potential tie-up between CVS Health and insurer Aetna may force the health-care industry to rethink and further shuffle ownership.

One analyst sees a natural connection between Wal-Mart and Humana as reason the retail giant could acquire the health insurer. Humana steers its members to Wal-Mart pharmacies for deals on prescription co-pays, which could lead to another blockbuster deal.

“Humana and Wal-Mart have been in a very tight relationship for six, seven years,” Dr. Ana Gupte, a senior health care services analyst at Leerink Partners told “Squawk Box” on Friday.

Walgreens, Cigna and Anthem also may among those who are looking to strike a deal to better compete in the shifting landscape, according to Gupte.

She sees a potential deal for Humana going for more than $46 billion, saying a buyer would have to pay a “25 percent to 30 percent premium now.” The company has a market value of over $37 billion, according to FactSet.

CVS is closing in on a $66 billion deal for Aetna, which would be the largest ever in health insurance history, according to an analysis of Thomson Reuters data.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: michael sheetz
Keywords: news, games, cnbc, companies, cvsaetna, humana, analyst, billion, buy, force, potential, health, according, walmart, sees, deal, insurer


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IBM is finally a buy, says AlphaOne Capital’s Dan Niles-commentary

Do corporations care about the new IBM mainframe? IBM mainframes handle close to 90 percent of all credit card transactions ($7.7 trillion per year.) Though we estimate IBM mainframe revenues are less than 5 percent of the company’s total revenues, customers buy software, services and storage as well that work with the mainframe. Commentary by Dan Niles, founding partner of AlphaOne Capital Partners and senior portfolio manager of the AlphaOne Satori Fund. AlphaOne Capital Partners, LLC and its


Do corporations care about the new IBM mainframe? IBM mainframes handle close to 90 percent of all credit card transactions ($7.7 trillion per year.) Though we estimate IBM mainframe revenues are less than 5 percent of the company’s total revenues, customers buy software, services and storage as well that work with the mainframe. Commentary by Dan Niles, founding partner of AlphaOne Capital Partners and senior portfolio manager of the AlphaOne Satori Fund. AlphaOne Capital Partners, LLC and its
IBM is finally a buy, says AlphaOne Capital’s Dan Niles-commentary Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: dan niles, ethan miller, getty images
Keywords: news, games, cnbc, companies, information, capitals, dan, ibm, sp, mainframe, quarter, nilescommentary, partners, material, recommendation, finally, buy, alphaone, stock


IBM is finally a buy, says AlphaOne Capital's Dan Niles-commentary

“How risky is the stock in the event of a stock market sell-off? There are so few people left that are bullish on the stock that IBM was actually up on Wednesday when the S&P Information Technology Index declined about 3 percent and the FANG stocks declined 4 percent.”

Do corporations care about the new IBM mainframe? Roughly half of IBM’s mainframe business is in financial services. IBM mainframes handle close to 90 percent of all credit card transactions ($7.7 trillion per year.) All of the 10 top insurers, 44 of the top 50 banks, 18 of the top 25 retailer and 90 percent of the largest airlines use IBM mainframes.

So what happened when IBM launched the new Z14 on September 13th? IBM Z revenue grew 62 percent year over year in third quarter after being down 33 percent year over year in the prior quarter and systems hardware revenue was up 10 percent year over year in third quarter after being down 10 percent year over year in the prior quarter.

As a result, after missing revenue expectations in the prior two quarters, IBM beat revenues by close to 3 percent in the September quarter. This was the biggest beat since the June quarter of 2011.

Though we estimate IBM mainframe revenues are less than 5 percent of the company’s total revenues, customers buy software, services and storage as well that work with the mainframe. In total we believe that mainframes drive over 20 percent of IBMs total revenues and over 30 percent of IBMs total profits.

As for sentiment, it could not be much worse. Less than 30 percent of Wall Street analysts have a buy on the stock and over 10 percent have a sell. IBM’s stock is down 7 percent in 2017 in a raging bull market for all stocks but particularly technology stocks. As a result, IBM’s price to earnings ratio is a paltry 11 times versus the S&P at 20 times. IBM also has a dividend yield of 3.8 percent versus the S&P at 1.9 percent.

How risky is the stock in the event of a stock market sell-off? There are so few people left that are bullish on the stock that IBM was actually up on Wednesday when the S&P Information Technology Index declined about 3 percent and the FANG stocks declined 4 percent.

The 3.8 percent dividend yield is also very juicy with the S&P dividend yield at 1.9 percent and 10-year treasury yields at 2.4 percent. If we do finally get the long overdue correction in the second longest bull market since World War II, these defensive characteristics, much like on Wednesday, will become a lot more meaningful.

In summary, IBM may have had two left feet for the last 5 years, but we think their new dance partner, the Z14 mainframe, may get the elephant shimmying again over the next year.

Commentary by Dan Niles, founding partner of AlphaOne Capital Partners and senior portfolio manager of the AlphaOne Satori Fund. Previously, he was a managing director at Neuberger Berman, a subsidiary of Lehman Brothers.

Disclosures: This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. Readers should not assume that any investments in securities, companies, sectors or markets identified and described were or will be profitable. This material has been prepared by AlphaOne Capital Partners, LLC on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. AlphaOne Capital Partners, LLC has not sought to independently verify information taken from public and third party sources and does not make any representation or warranty as to the accuracy, completeness or reliability of the information contained herein. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Certain products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal.

The views expressed are those of Mr. Niles and do not represent the views of AlphaOne Capital Partners, LLC, its portfolio managers, employees or affiliates. These views are current as of the time of this presentation and are subject to change without notice. This material is not intended to be a formal research report or recommendation and should not be construed as an offer to sell or the solicitation of an offer to buy any security. AlphaOne Capital Partners, LLC and its clients may have long or short positions in some or all of the securities discussed. Before acting on any advice or recommendation in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Mr. Niles does not accept any responsibility to update any opinions or other information contained in this document. Before acting on any advice, opinions or recommendation in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice.

For more insight from CNBC contributors, follow @CNBCopinion on Twitter.


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: dan niles, ethan miller, getty images
Keywords: news, games, cnbc, companies, information, capitals, dan, ibm, sp, mainframe, quarter, nilescommentary, partners, material, recommendation, finally, buy, alphaone, stock


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James Altucher’s 10 predictions about where bitcoin and cryptocurrencies are headed

The bitcoin and cryptocurrency trend is not going to stop: Formula Capital’s James Altucher 11:57 AM ET Wed, 29 Nov 2017 | 04:30Bitcoin’s giant move upward is far from done, according to tech investor and stock picker James Altucher. According to Altucher, society has made major changes to its currency a few times in history: Gold replaced barter as a transactional currency; paper money replaced gold as a store of value; and bitcoin and other cryptocurrencies are going to replace paper money as


The bitcoin and cryptocurrency trend is not going to stop: Formula Capital’s James Altucher 11:57 AM ET Wed, 29 Nov 2017 | 04:30Bitcoin’s giant move upward is far from done, according to tech investor and stock picker James Altucher. According to Altucher, society has made major changes to its currency a few times in history: Gold replaced barter as a transactional currency; paper money replaced gold as a store of value; and bitcoin and other cryptocurrencies are going to replace paper money as
James Altucher’s 10 predictions about where bitcoin and cryptocurrencies are headed Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: sameepa shetty
Keywords: news, games, cnbc, companies, headed, paper, altucher, money, transactional, cryptocurrencies, predictions, gold, altuchers, currency, replaced, james, bitcoin


James Altucher's 10 predictions about where bitcoin and cryptocurrencies are headed

The bitcoin and cryptocurrency trend is not going to stop: Formula Capital’s James Altucher 11:57 AM ET Wed, 29 Nov 2017 | 04:30

Bitcoin’s giant move upward is far from done, according to tech investor and stock picker James Altucher.

According to Altucher, society has made major changes to its currency a few times in history: Gold replaced barter as a transactional currency; paper money replaced gold as a store of value; and bitcoin and other cryptocurrencies are going to replace paper money as a transactional currency.

Each type of currency solved problems of the prior generation of currency, he said in an interview with CNBC. Bitcoin solves the problem of infinite money printing, forgery, double-spending and anonymity, he said. Altucher owns bitcoin, ethereum, litecoin, zcash and filecoin.

Pointing to a demand-supply imbalance, Altucher predicts that bitcoin will top $1,000,000 per coin.

“There’s $200 billion in cryptocurrencies out there and over $200 trillion in demand for money — that’s the amount of paper currency and gold bullion in the world,” he said.

Altucher, founder and publisher of Choose Yourself Financial, a subscription-based financial publication cautions that 98 percent of cryptocurrencies are scams. But bitcoin and a few other cryptocurrencies are here to stay, he believes.

“This is the greatest tectonic shift in money and wealth that we will see in our lifetimes,” he said.

Here are his 10 predictions for cryptocurrencies:


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: sameepa shetty
Keywords: news, games, cnbc, companies, headed, paper, altucher, money, transactional, cryptocurrencies, predictions, gold, altuchers, currency, replaced, james, bitcoin


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Netflix renews ‘Stranger Things’ for a third season

The Stranger Things characters may be fighting monsters from the Upside Down, but things are right-side up for fans of the Netflix series. Netflix announced Friday that the popular supernatural series would return for a third season. No specific information was given about when the new season would premiere, or which members of the cast would be returning. Nielsen says 15.8 million American viewers watched the first episode of the series’ second season by its third day of release. Read more on U


The Stranger Things characters may be fighting monsters from the Upside Down, but things are right-side up for fans of the Netflix series. Netflix announced Friday that the popular supernatural series would return for a third season. No specific information was given about when the new season would premiere, or which members of the cast would be returning. Nielsen says 15.8 million American viewers watched the first episode of the series’ second season by its third day of release. Read more on U
Netflix renews ‘Stranger Things’ for a third season Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: kelly lawler, jason laveris, filmmagic, getty images
Keywords: news, games, cnbc, companies, series, netflix, nielsen, things, usa, stranger, upside, know, renews, second, season, fans, ross


Netflix renews 'Stranger Things' for a third season

The Stranger Things characters may be fighting monsters from the Upside Down, but things are right-side up for fans of the Netflix series.

Netflix announced Friday that the popular supernatural series would return for a third season. The streaming service’s Twitter account first published a poll asking fans if they should make another season of the show, and then followed up with a very declarative tweet.

“FOR THE LOVE OF STEVE, DUH!” Netflix tweeted, referring to the character played by Joe Keery. “So hold tight, baby Darts — Season 3 is officially happening.”

No specific information was given about when the new season would premiere, or which members of the cast would be returning.

The series debuted its second season in late October, which continued the story of Eleven (Millie Bobby Brown), Mike (Finn Wolfhard), Will (Noah Schnapp) and the chaos caused by the Upside Down, an alternate dimension endangering the small town of Hawkins, Ind.

Before Season 2 premiered, Matt and Ross Duffer, the series’ creators, told USA TODAY that they plan, creatively, for the series to have more than three seasons.

“We have an end game,” Ross said. “We don’t really know how many seasons — we know it’ll be more than three. We have rough ideas of what Season 3 will be, but we like to keep it flexible. It always ends up different than we were ever expecting.”

Netflix doesn’t release data about viewership, but ratings service Nielsen began its own measurements this year. Nielsen says 15.8 million American viewers watched the first episode of the series’ second season by its third day of release.

Read more on USA TODAY:

‘Stranger Things’ Season 2 is a gripping (if familiar) tale

Chris Pratt alerts fans to a fake Facebook account, threatens impostor: ‘Stop right now’

Miss Universe Demi-Leigh: Sexual harassers ‘should know that their actions have consequences’


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: kelly lawler, jason laveris, filmmagic, getty images
Keywords: news, games, cnbc, companies, series, netflix, nielsen, things, usa, stranger, upside, know, renews, second, season, fans, ross


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Oil drillers will spend cautiously even as GOP eyes corporate tax cuts, says billionaire oilman Harold Hamm

While Hamm says that tax cuts are the “icing on the cake” that businesses need to “turn it loose,” he also believes the U.S. oil industry has entered a new era of fiscal discipline. That could be a concern for Republicans, who are counting on companies to use their tax savings to raise wages and invest in capital projects that stimulate the economy. The GOP is banking on economic growth to pay for much of the $1.5 trillion tax cut. Asked what his company, Continental Resources, will do with its


While Hamm says that tax cuts are the “icing on the cake” that businesses need to “turn it loose,” he also believes the U.S. oil industry has entered a new era of fiscal discipline. That could be a concern for Republicans, who are counting on companies to use their tax savings to raise wages and invest in capital projects that stimulate the economy. The GOP is banking on economic growth to pay for much of the $1.5 trillion tax cut. Asked what his company, Continental Resources, will do with its
Oil drillers will spend cautiously even as GOP eyes corporate tax cuts, says billionaire oilman Harold Hamm Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: tom dichristopher, david orrell
Keywords: news, games, cnbc, companies, profit, oil, republicans, harold, gop, trillion, spend, drillers, trump, resources, economic, savings, cuts, tax, hamm, oilman, eyes


Oil drillers will spend cautiously even as GOP eyes corporate tax cuts, says billionaire oilman Harold Hamm

Continental Resources CEO: OPEC did the right thing and acted responsibly 10:55 AM ET Fri, 1 Dec 2017 | 03:47

America’s beaten-down oil drillers will be watching their pennies even as Republicans and President Donald Trump aim to slash taxes for U.S. companies, shale oil pioneer and former Trump energy advisor Harold Hamm said Friday.

While Hamm says that tax cuts are the “icing on the cake” that businesses need to “turn it loose,” he also believes the U.S. oil industry has entered a new era of fiscal discipline.

That could be a concern for Republicans, who are counting on companies to use their tax savings to raise wages and invest in capital projects that stimulate the economy. The GOP is banking on economic growth to pay for much of the $1.5 trillion tax cut.

A new analysis by the Joint Committee on Taxation concluded that the Senate tax bill would add more than $1 trillion to federal deficits over the next 10 years, even after accounting for economic growth.

Asked what his company, Continental Resources, will do with its tax savings, Hamm suggested the Oklahoma City-based driller will focus on shoring up its bottom line.

“We haven’t had a lot of profit in our sector of the business” during a three-year oil price downturn, he told CNBC’s “Squawk on the Street” on Friday. “Perhaps going forward maybe we could have some profit to look at.”


Company: cnbc, Activity: cnbc, Date: 2017-12-01  Authors: tom dichristopher, david orrell
Keywords: news, games, cnbc, companies, profit, oil, republicans, harold, gop, trillion, spend, drillers, trump, resources, economic, savings, cuts, tax, hamm, oilman, eyes


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