Billionaire Warren Buffett Calls Bitcoin 'Rat Poison Squared'

A day after acquiring the shares, Buffett said the iPhone maker should spend more cash buying its own shares. USA billionaire investor Warren Buffett said on Saturday that the world depends on the U.S. CNBC also reported Sunday that DataTrek Research co-founder Nick Colas-the first analyst on Wall Street to have covered Bitcoin-was advising ...

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  • Tesla ETFs Up Despite Musk's 'Bonehead' Tweet
Tesla ETFs Up Despite Musk's 'Bonehead' Tweet

RBC Capital Markets analyst Joseph Spak: The first question is related to the Model 3 reservations. "We're going to go as long as there are good questions to answer", he said of the question and answer phase of the call. According to CNCB, "The dollar amount of shares shorted on Tesla increased 28 percent in the last month to $10.7 billion, acc...

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  • Non-farm payrolls: United States jobs grow at slower-than-expected rate
Non-farm payrolls: United States jobs grow at slower-than-expected rate

Employers added about 164,000 jobs in April, up from last month's revised number of 135,000 jobs. The jobless rate, derived from a separate survey of households, fell to 3.9%, the lowest since December 2000, after six months at 4.1%. Some 236,000 USA workers left the workforce in April, which the Wall Street Journal suggests is the catalyst f...

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  • UK: New Home Secretary Javid pledges Windrush help
UK: New Home Secretary Javid pledges Windrush help

She also confirmed that a compensation scheme will be set up for people who have suffered loss or damages due to their inability to show they remained in Britain legally and to access services. It follows the resignations of former defence secretary Sir Michael Fallon, Priti Patel as global development secretary, Damian Green as first minister an...

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  • US Fed holds interest rates steady: 5 key takeaways
US Fed holds interest rates steady: 5 key takeaways

Still, Wednesday's statement didn't upgrade the language around inflation expectations. All eyes turn to the Fed's next meeting in June, when rates are set to go up. Fears over a widening account deficit, inflation more than double the central bank target and an ongoing reoccurrence of political risk is going to continue discouraging traders from...

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  • Featured Stock to Focus: Activision Blizzard, Inc. (NASDAQ:ATVI)
Featured Stock to Focus: Activision Blizzard, Inc. (NASDAQ:ATVI)

E&G Advsrs Limited Partnership stated it has 0.25% in Visa Inc. Verition Fund Mngmt Ltd Liability Corporation accumulated 19,923 shares. Donaldson Capital Mgmt Lc has invested 1.74% in Visa Inc. The New York-based Paradigm Asset Com Ltd Liability Com has invested 0.14% in Activision Blizzard , Inc. The SMA200 of the stock is at 3.99%, SMA20 is 2...

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  • Change your password now — Twitter to users
Change your password now — Twitter to users

Company executives also called it a "decision" as opposed to an obligation. I've believed we have to. It will be worth keeping an eye on the situation to see whether there are any long-term effects of this security issue. Apparently Twitter is implementing plans to prevent this from happening again. Users who opened their accounts Thursday ...

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  • Flipkart co-founder likely to quit after Walmart takeover
Flipkart co-founder likely to quit after Walmart takeover

In fact, Walmart has been in talks to buy 55 percent of Flipkart through a mix of primary and secondary share purchase for quite some time, valuing Flipkart around $20 billion. Under the proposed deal, SoftBank will sell its 20%+ stake as part of the transaction through an investment fund at a valuation of roughly $20 billion, while Googl...

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  • April Ends with Most Expensive National Gas Price Average Since 2014
April Ends with Most Expensive National Gas Price Average Since 2014

AAA Northeast reports Monday that the average cost of a gallon of self-serve, regular jumped 7 cents in the past week to an average of $2.82, a penny higher than the national average. According to GasBuddy .com, the average price of regular gasoline in Canada at noon on Monday was about $1.33 per litre, up 22 cents from the average of $1.11 per...

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  • Tesla Q1 2018 Quarterly Earnings Breakdown - Tesla Beats Estimates
Tesla Q1 2018 Quarterly Earnings Breakdown - Tesla Beats Estimates

Musk, 46, spent the last earnings call talking about how battery production at his gigafactory east of Reno, Nev., was the "limiting factor" on Model 3 output, but we haven't heard much about it since. During the same quarter in the prior year, the company posted ($1.33) EPS. A recent Bloomberg analysis pegged Tesla's cash burn rate at m...

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  • Eurozone manufacturing index at 13-month low
Eurozone manufacturing index at 13-month low

The long and short of the ISM reading is that new orders, production and employment are all still growing, at a time that supplier deliveries are slowing at faster rate and while order backlogs are growing. Bloomberg's PMI consensus estimate was 56.5 and Dow Jones was also calling for 56.5 for April. Although solid, input cost inflation moderated f...

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  • Summary of Lonmin Plc (LON:LMI) Ratings on May 1, 2018
Summary of Lonmin Plc (LON:LMI) Ratings on May 1, 2018

It has underperformed by 14.72% the S&P500. Liberum Capital maintained it with "Buy" rating and GBX 1900 target in Wednesday, March 8 report. Its down 0.06, from 1.48 in 2017Q3. (NASDAQ:PRTS) to report $0.02 EPS on May, 8 after the close.They anticipate $0.00 EPS change or 0.00% from last quarter's $0.02 EPS. CTRP's profit would be $5.45M giving it...

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  • Great Barrier Reef gets $502m boost from Canberra
Great Barrier Reef gets $502m boost from Canberra

Australia Environment Minister Josh Frydenberg said large amounts of sediment, nitrogen and pesticide run-off are also destroying the Great Barrier Reef . He commented on Twitter that "you can not "rescue" the Great Barrier Reef without cutting carbon emissions". The new funding is part of an ambitious conservation plan that will see th...

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  • Travel the world and get paid to do it
Travel the world and get paid to do it

What does an air-travel guide do? From 1 June to 15 August, two winners will be relocated to the airline's home in Reykjavik where they will be given a trendy downtown apartment, a auto - not to mention a city offering summer sunlight nearly 24 hours a day.

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  • Holy Shit, Police Might Have Arrested The Infamous Golden State Killer
Holy Shit, Police Might Have Arrested The Infamous Golden State Killer

Officers could then have established that ancestor's family tree before looking through it to find likely suspects . Reporting in Sacramento by Fred Greaves. McNamara's book debuted as the No. 1 seller on the New York Times best-seller list. "It was such a great article that (book publisher) HarperCollins called and asked her to do a book", ...

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  • Analyst Recommendation about These Stocks: Marathon Oil Corporation (MRO), QUALCOMM Incorporated (QCOM)
Analyst Recommendation about These Stocks: Marathon Oil Corporation (MRO), QUALCOMM Incorporated (QCOM)

MPC is hitting $80.23 during the last trading session, after increased 0.56%. Marathon Petroleum Corporation has volume of 3.18M shares. Several institutional investors and hedge funds have recently made changes to their positions in the company.

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  • Weaker eurozone growth due to trade tensions, European Central Bank chief says
Weaker eurozone growth due to trade tensions, European Central Bank chief says

Regarding non-standard monetary policy measures, the European Central Bank reaffirmed the decision made at the last governing council meeting, that it will continue to make net asset purchases at a monthly pace of 30 billion euro from January 2018 until the end of September 2018, or beyond, if necessary.

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  • Ford plans $11.5 billion in extra cuts, killing several United States sedans
Ford plans $11.5 billion in extra cuts, killing several United States sedans

It also wasn't clear if the move will impact Ford's Lincoln brand. Ford plans to no longer sell the Fiesta , Taurus, Fusion and the regular Focus in the US and Canada. Despite the higher profit, Ford's adjusted pretax profit margin fell to 5.2 percent from 6.4 percent in the same quarter in 2017. Notably, this doesn't mean we won't get F...

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  • US stocks mostly fall in wobbly trading as costs, rates rise
US stocks mostly fall in wobbly trading as costs, rates rise

The Nasdaq dropped 121 points to close at 7,007 while the S&P 500 decreased nearly 36 points to 2,635. The broader-based S&P 500 , which plunged 36 points to 2,634.6 yesterday, was expected to open at around 2,624. The yield on the 10-year is one of the most closely followed financial measures in the world, as mortgages and corporate loans are ...

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  • Ford will cull passenger vehicle range in US
Ford will cull passenger vehicle range in US

In a rather troubling press release, Ford announced that it will retire the Fusion , the C-MAX, the Taurus and the Fiesta on the North-American market by the 2020 model year. Read between the lines of last week's news about the Ford Fusion , and it becomes tough to see a post-2020 future for the vehicle in the U.S.It won't be made in Mexico a...

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