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Tim Draper Pushes $250,000 Bitcoin Price Realization Date to Early 2023

Tim Draper, founder of Draper Associates and all-round bitcoin evangelist is sticking to his quarter-million-dollar price prediction. Source:PATRICIA DE MELO MOREIRA / AFPCrypto bull and venture capitalist Tim Draper has disclosed that it could take a little longer for his Bitcoin price target of $250,000 to be reached.Speaking to Yahoo Finance, Draper said that while…



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Beyond Meat Tanks 13 Percent After-Hours Because of This Terrible News

Beyond Meat reported its quarterly earnings on Monday. The numbers are not terribly impressive and hardly justify Beyond Meat’s stock valuation. Yet the company made a separate announcement that tanked the stock and will continue to tank the stock going forward. Beyond Meat’s stock was under pressure in after-hours trading. | Source: Yahoo FinanceFirst, though,…



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Dow Weakens as Housing Sector Raises Economic Red Flags

The Dow and broader U.S. stock market drifted lower Wednesday, as the combination of trade-war uncertainty and dismal housing data raised red flags about the health of the domestic economy. Dow Slides; S&P 500, Nasdaq Follow All of Wall Street’s major indexes reported losses Wednesday, mirroring a tepid pre-market for Dow futures. The Dow Jones…


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Investors Flee Stocks as S&P 500, Dow Smash Records

The Dow Jones Industrial Average and S&P 500 each set new records this week, barreling past 27,000 and 3,000, respectively, for the first time in the stock market’s history.But as rate-cut fever rampages across Wall Street, the market’s historic rally is increasingly proceeding without one key demographic: investors.Investors Pulled $25 Billion Out of Stocks Last…


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Stock Market Bulls Made a Fool’s Gamble on Rate Cuts

When US nonfarm payrolls stunned traders by rising dramatically on Friday, the stock market’s bet that the Fed would stimulate further growth by drastically slashing interest rates was exposed as a fool’s gamble. That’s according to economist Mohamed El-Erian, who explained to CNBC’s “The Exchange” that a rate cut in July was likely but 50…


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Dow Ekes Out Gains Without Rate Cut as Defiant Powell Defends His Job

Published: 19/06/2019 16:05 EST. Journalist: By CCN Markets: The Dow Jones Industrial Average was meandering in and out of positive territory as investors digested a fascinating Federal Reserve meeting. In the end, stocks managed to hold onto gains, with the Dow closing at 26,504, up fractionally. By keeping rates on hold, Chairman Jerome Powell faced…