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    Friday, June 14, 2019

    Stock Market - Uber, Visa, PayPal and Mastercard among big investors in Facebook’s blockchain project "Libra" (video)

    Stock Market - Uber, Visa, PayPal and Mastercard among big investors in Facebook’s blockchain project "Libra" (video)


    Uber, Visa, PayPal and Mastercard among big investors in Facebook’s blockchain project "Libra" (video)

    Posted: 14 Jun 2019 12:45 PM PDT

    https://mpcapital.ai/news/FB/uber-visa-paypal-and-mastercard-among-big-investors-in-facebooks-blockchain-2019-06-14

    Facebook is expected to announce more details of it's blockchain project, dubbed Libra, next week, and some big names, including Uber, Visa, MasterCard, and PayPal, are betting big on the social network's move into digital payment. Each company will be investing $10 million into the project. Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Dan Howley break down what this means for digital payments, and Cameron Chell, chair and co-founder of ICOx Innovations, joins Sozzi and Christoforous to discuss Facebook's stablecoin.

    I recommend start watching at 3:20.

    I think this is a very smart move for FB. A stablecoin could be used for purchases on Facebook. Although I think its true value is sending money between friends. Imagine having a "send money" option on WhatsApp, Instagram and/or Messanger. For me, having a simple solution for something like dividing costs after organising a dinner would be amazing. I know there are apps for this, but it's unlikely everyone is going to have that app, having the option on FB or WhatsApp could be a real game changer.
    I'm definitively long on FB. It's currently a 3.7% of my entire portfolio.

    submitted by /u/mytwm
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    Ship Attacks in Gulf of Oman have had little impact on Oil Prices

    Posted: 14 Jun 2019 03:12 PM PDT

    News of the attacks sent oil futures north on Thursday – more than 2% – but they fell short of session highs Thursday at the bell. Crude futures increased 0.5% Friday, marking an overall loss for the week ending June 14. Thursday's gains followed considerable losses on Wednesday.

    On Friday, the International Energy Agency decreased its global oil demand growth forecast, saying there is "plentiful" supply to meet such growth.

    "Geopolitical unrest is going to provide general support for prices, and depending on events, create sharp spikes higher but at the same time, supply and demand fundamentals continue to deteriorate," said Tyler Richey, co-editor of Sevens Report Research.

    West Texas Intermediate crude for July delivery increased 23 cents or 0.4% to settle at $52.51 a barrel on New York Mercantile Exchange. The Front-month contract, to be sure fell 2.7% for the week.

    August Brent Crude increase 1.1% or 70 cents to $62.01 per barrel on ICE Futures Europe following a gain of 2.2% on Thursday. Brent was down for the week to 2%.

    Continue reading: https://goldsilverbitcoin.com/us-iran-ship-attacks-oil/

    submitted by /u/bumjae1
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    Stock is changing name and consolidating shares: what do I do?

    Posted: 14 Jun 2019 09:42 AM PDT

    I've invested in LIHT, a cannabis company, and they've now changed name to Citation Growth Corp (CGRO), They trade on CSE.

    I know very little about trading and I received an email stating that LIHT would do a consolidation of share 4 to 1. When I look at my investment account (TD Bank), I see that all my shares are still under the LIHT name and haven't moved since the merge date (June 12th).

    Do you guys think I need to do something special to merge my shares or is this suppose to happen automatically?

    submitted by /u/matpb
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    r/StockMarket June 2019 Contest update as of market close June 13th, 2019

    Posted: 14 Jun 2019 04:01 AM PDT

    Can someone enlighten me what itrade is ?? A lot of banks have an itrade option now.

    Posted: 14 Jun 2019 07:28 AM PDT

    Most Anticipated Earnings Releases for the week beginning June 17th, 2019

    Posted: 14 Jun 2019 03:38 AM PDT

    What does comp account mean for interactive brokers

    Posted: 14 Jun 2019 10:05 AM PDT

    Just curious as to what this means. Along with CPP account? On interactive brokers. Thank you!

    submitted by /u/CablesOnCables
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    Solei System Inc.

    Posted: 14 Jun 2019 07:50 AM PDT

    A lot of my friends started trading as early as .16 and now it's .95.

    As a beginner investor can someone give me impartial advice if this would be a good idea?

    submitted by /u/jacobtheplantman
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    Stem Holdings Inc $STMH releases image of one of their new Cannabis growing farms.

    Posted: 14 Jun 2019 07:15 AM PDT

    A Ranking Of The Biggest Cannabis Stocks By Revenue

    Posted: 14 Jun 2019 06:30 AM PDT

    Here the question arises Why? There is a need to Compare broker in India.

    Posted: 14 Jun 2019 03:40 AM PDT

    The answer lies in its relevance to its usage in the upcoming time for Brokerage Charges Comparison. It's becoming the new face of investment in India. The urge of brokerage comparison in India is because of the several companies competing with each other for getting the maximum number of clients. The second question that pops up in the mind is that what exactly means a Brokerage Account? The answer is very simple "The brokerage firm helps you place investment orders according to your will and typically collects a commission for providing you the interface to interact with the world of Stock Market. Brokerage accounts offer you access to a range of different investments, including stocks, bonds, mutual funds, index funds and to Compare Broker in India". Following are the list of Brokerage Firms that provide a wide range of options to choose and invest from:

    Zerodha

    Upstox

    Motilal Oswal

    Coming to the factor where this world of Brokerage comparison sustains is the "Future":

    The brokerage industry, notably, has transformed from an unorganized assembly of a handful of people to a widely recognized crowd of individuals jostling against each other to lock-in their trades, into a sophisticated, organized and technology-driven manner. And this is the place which gives birth to Compare Broker In India.

    Because the need to meet the competitive world of Brokerage comparison is ever increasing and One has to take right choice by going through a deep study and analysis to have a unidirectional way for brokerage comparison and choose what's exactly right for an individual or an investor before investing his money in the market.

    submitted by /u/FinnovationZIndia
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    Is there any way for me to open up a new account somewhere and buy stock today?

    Posted: 14 Jun 2019 02:56 AM PDT

    Deep Value or Value Trap? Graftech Stock Analysis

    Posted: 14 Jun 2019 02:24 AM PDT

    In this video we cover an interesting company: Graftech - ticker symbol EAF on the New York Stock Exchange.

    The graphite electrode sector is highly cyclical and has experienced recent tailwinds from the China environmental reform, leading to massive increases in electric arc furnace demand for steel making.

    Due to a massive undersupply, China is pumping up initiatives to mass produce these valuable electrodes, which has sent the entire industry into a spectacular share price decline. Having said this, I believe we should do a deep dive into Graftech vs. its competitors and see whether the selloff is really justified.

    Full analysis - Graftech

    submitted by /u/SensibleInvesting
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