Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

Byron Wien at the start of the year predicted the stock market would advance 15 percent in 2019. Now he says Fed should leave rates alone. | Source: REUTERS/Brendan McDermid By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you […]

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‘Bacon Intern’ Wanted at CA Burger Chain & It Pays $125 an Hour

The California burger chain, Farmer Boys, will pay $1,000 to a “bacon intern” to test out its new bacon-centric menu offerings. | Source: Farmer Boys/Facebook Bacon lovers, listen up! The California burger chain Farmer Boys wants to hire a “Bacon Intern” to taste-test its pork-tacular new menu offerings. And the best part is, you’ll be […]

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Stock Market Investors Might Want to Be Greedy & Pile into Square

The stock market just suffered its most brutal week of the year so far, and Square was not immune to the pressure. Did investors overreact? | Source: Shutterstock The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren […]

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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 Finance First, […]

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Robinhood App Encroaches on Banking Turf with High-Yield Money Tool

Libra isn’t the only payment system that stands to threaten the banks. Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management feature. Robinhood COO Gretchen Howard is cited in Fortune as saying: “We’re going to come out with a cash management account soon.” The […]

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Tesla’s Stock Could Hit the Skids as Analyst Presses the Brakes

Tesla’s stock had a terrific June and has managed to sustain that momentum this month. But don’t be surprised if it takes a hit and heads lower once the company releases its fiscal second-quarter results on July 24. Tesla’s stock has been having a great time, but it might be headed lower. | Source: Yahoo! […]

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Elon Musk Slashes Prices, Signaling the Start of Tesla’s Death Spiral

Elon Musk and Tesla just made another move regarding the company’s product line which tells a much bigger story than most people realize. It suggests Tesla’s days are numbered. Cost of Tesla full self-driving option increasing by ~$1000 on August 16 — Elon Musk (@elonmusk) July 16, 2019 Another Price Cut and Discontinued Models Tesla’s […]

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This One Image Destroys Tesla’s Self-Driving Car Fantasy

A two-year-old video of a prankster confusing a self-driving car has gone viral for a second time, and it demonstrates a critical reason why Tesla’s self-driving cars will never become ubiquitous. Going viral once is a big event, but a “recurrent” viral video indicates that something about the content has gripped people in some visceral […]

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Instagram to Use AI to Censor Mean Comments

Instagram will soon trial a new AI-powered system for dealing with online bullying and abuse. Currently, the Facebook-owned social media platform uses a conventional human-dependent system for dealing with this issue that relies on users flagging and reporting comments as spam, abuse, or hate speech. On Monday, however, Instagram Head Adam Mosseri reportedly revealed that […]

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