Alibaba’s global perspective sends share price soaring

Alibaba’s (BABA) ongoing experimentation with new ways to lure shoppers into spending their money, diversification and expansion into new territories has earned widespread approval in the markets, pushing its share price to record highs of $192.12 ahead of their quarterly earnings report (November 2). The Chinese e-commerce giant’s shares have more than doubled in value this year with much of Alibaba’s growth being fueled by the internet retailing boom in China. The move into cloud computing is currently loss-making, but [...]

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Bitcoin takes a big stride away from fringes of finance

Bitcoin takes a big stride away from fringes of finance

CME Group’s announcement on Tuesday (October 31) that it intends to offer futures on Bitcoin this month sent the cryptocurrency surging past $7,000 for the first time; the group’s move has been viewed as bringing Bitcoin a step closer to acceptance within mainstream finance by placing it alongside the CME’s stable of futures on interest rates, stock indices, commodities and currencies. Bitcoin’s price has soared from $966 at the start of the year, breaking through the $5,000 mark for the [...]

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Microsoft flying high on wings of Cloud business

Over the last few years Microsoft (MSFT) has dramatically changed direction as a company to generate new sources of revenue and in doing so altered consumer perception of the brand and impressed a number of Wall Street analysts who are eagerly awaiting the company’s quarterly earnings report  (October 26) which they hope will confirm their selection as their top large cap pick. Under CEO Satya Nadella the company is now well-placed to enjoy a period of sustained growth with growing [...]

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Boeing share price flying, but turbulence ahead 

Boeing share price soaring, but turbulence lies ahead

Boeing’s (BA) share price has risen an impressive 66% compared to this time last year, boosted by enthusiasm in the airline and defence markets. Increased travelling has had a positive effect on airline traffic, while rising international tensions have prompted countries to increase spending on defence. But there is turbulence ahead for Boeing in the shape of increased competition in its biggest operating segment, airline business, which has yielded $65 billion of the company’s $95 billion total revenue over the [...]

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Traders should buckle up for volatile Tesla ride

Trading Tesla could be a rollercoaster ride

This looks like the time for traders to bet against Tesla (TSLA) shares in the short term as the market reacts to reports that Model 3 electric vehicle (EV) deliveries are going to be delayed with news stories about escalating production costs, production line issues and lay-offs throwing doubt on the company’s ability to turn a significant profit on its new model. After a 68% rise throughout the year the share price is now showing signs of volatility. Barclays were among [...]

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PayPal becoming a trader's best friend

Traders are cashing in on PayPal’s success

It looks like a great time for traders to start getting friendly with PayPal (PYPL) shares after Morgan Stanley’s James Faucette upped his price target to 76 from 62 along with a number of other analysts who are equally enthusiastic about the online payment service provider. PayPal’s share value has grown steadily from the beginning the year, and is expected to continue after the company releases its third quarter earnings report. In his note to clients, Faucette noted that the market [...]

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Water will be a more valuable commodity than oil

It’s only a matter of time before water becomes a traded commodity like oil, gold and silver. When demand exceeds supply, business steps up to find a way to meet that demand. But in doing so it will face costs – massive costs – which will require the market to set a price for life’s most precious commodity. According to the UN 40% of the world’s population will be living with water scarcity by 2035. Population growth, increased agriculture and [...]

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Financial Commission – Announcement

FXB Trading has established itself as a catalyst for change in the world of online trading by putting the interests of its clients first. The mission is to provide a standout trading service that delivers the tools that traders of all levels need to be successful, so that they trade with FXB for the long-term. FXB offers CFDs (Contracts for Difference) on forex, commodities, indices and shares, and its clients benefit from superior security of funds, fast execution, multiple [...]

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