HBO has cancelled a hotly anticipated Game of Thrones prequel starring Naomi Watts. This may prove to be the right call for a nervous network dealing with the fallout from GoT’s polarizing final season. The network just ordered 10 episodes of “House of the Dragon” to ensure mainstream appeal and help it survive the upcoming […]
Archives for Ottobre 2019
U.S. Dollar Still the Cleanest Shirt in the Dirty Laundry of Fiat Money
Since hitting three-month lows in mid-October, the U.S. dollar has appreciated 1.4%. The greenback is likely to outperform most of its peers through the end of 2019. Recession risk, ultra-loose monetary policy unlikely to deter the bulls in the short term. After nosediving through the middle of October, the U.S. dollar is rising again. The […]
Chinese Bitcoin Mining Giant Files $400 Million US IPO after Hong Kong Failure
World’s second-largest maker of bitcoin miners not intimidated by the China-US trade war. Canaan Creative has failed to list in Hong Kong and mainland China. Most recent half-year results registered a loss. A threat by President Donald Trump’s administration to delist Chinese stocks on the likes of the New York Stock Exchange and the NASDAQ […]
Microsoft Preps Next-Gen With Project Scarlett Xbox All Access Upgrade
Microsoft is laying the groundwork for the next-gen. The company is reintroducing its Xbox All Access bundles in certain jurisdictions. Microsoft is also adding a new upgrade-option. Microsoft announced it is injecting new life into its Xbox All Access bundles by reintroducing it to the U.S. and now the UK as well as Australia. Not […]
Dow Rallies While Wall Street Pressures Powell to Promise More Stimulus
The Dow Jones rallied by triple digits, and the S&P 500 prepared to close at a new all-time high. Positive earnings, progress in Trump’s trade war, and hopes of more stimulus from the Federal Reserve are driving Wall Street’s appetite for stocks. As Microsoft leads the Dow higher, stock market bulls are looking ahead to […]
The Stock Market Rally Is a Big Fat Lie
S&P 500 Index shatters new record high on Monday. Equity markets are rallying despite a three-quarter decline in corporate earnings – the longest stretch since 2015-16. U.S. firms are getting better at playing the expectations game. The Wall Street expectations game has created an artificially low hurdle for companies to clear every earnings quarter. Case […]