Bitcoin and Ethereum are both down significantly

What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid fall and distrust of cryptocurrencies – even the most popular ones. The exploding growth of […]
  • Ben Norman
  • August 15, 2018
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Google is spending $600 million on data center

Data development Google announced that it will invest $600 million into its data center outside Charleston, South Carolina. The data center is integral to Google’s company, as it is one of their only data centers. It helps operate some of its flagship programs like Gmail and Google Drive, which many consumers use and love. Google […]
  • Ben Norman
  • August 15, 2018
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Elon Musk considering taking Tesla private

Tesla tossup Elon Musk announced on Tuesday that he is considering taking the company private, as he loathes having to constantly answer to investors. In fact, Elon Musk even tweeted that he had secured funding to make it go private “at $420.” Although nothing has been confirmed, investors are still shaking at the thought of […]
  • Ben Norman
  • August 7, 2018
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SeaWorld stock skyrockets

Are the “Blackfish” problems over? After SeaWorld’s earnings report on Monday, the aquatic entertainment park/zoo saw its shares rise over 15 percent. Visitors to the park increased by five percent in the second quarter, which is the second straight quarter of increases. This is positive for the SeaWorld, which has seen a drastic fall in […]
  • Ben Norman
  • August 6, 2018
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NYSE exchange operator will start crypto exchange

Crypto continues to climb New York Stock Exchange operator International Exchange announced that it is establishing a company called Bakkt which will manage people’s cryptocurrencies. Bakkt will operate under Microsoft’s cloud technology and will allow users to trade cryptocurrencies and also convert them to dollars and other forms of currency. In fact, stores like Starbucks […]
  • Ben Norman
  • August 6, 2018
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T-Mobile tops carriers in users

King of telecom T-Mobile announced on Wednesday that it has more users than any other carrier for the 18th straight quarter. The telecommunications company reported that they gained 1.6 million new customers in the second quarter. For comparison, Sprint had just 87,000 new users. In fact, the companies plan on merging soon. T-Mobile and Sprint have […]
  • Ben Norman
  • August 3, 2018
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MoviePass blames theaters for their fall

Roll credits The end may be near for MoviePass – parent company Helios and Matheson has seen its stock fall below 10 cents this week with no sign of recovery. Even after their one-to-250 stock split to try to revive their stock, boosting it up to $20 per share last week, they have still fallen […]
  • Ben Norman
  • August 3, 2018
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MoviePass raises prices, limits movies

Mission: Impossible – MoviePass Profitability MoviePass announced on Tuesday that it will raise its prices and exclude popular movie debuts from its offerings. The movie subscription company has seen its stock plummet in recent months due to its high costs and lack of subscribers. Parent company Helios and Matheson had shares of $430 in May, […]
  • Ben Norman
  • August 2, 2018
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Tesla unveils limited edition surfboard

Hang loose! Tesla quietly rolled out a new product for beach lovers and wave carvers this weekend – a limited edition surfboard. The tech company offered just 200 surfboards for $1,500 each, but unfortunately for surfers who didn’t hear about the news, they sold out almost instantly. The board is able to fit into the […]
  • Ben Norman
  • July 30, 2018
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