Billion Dollar Unicorns: Proofpoint Expands Product Offerings To Gain Market Share
According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. The growth is expected to be driven by small and mid-sized businesses as they are becoming increasingly aware of security threats. Billion Dollar Unicorn player Proofpoint is helping manage email-based attacks as part […]
Bitcoin Spikes Back To $6000: Five Reasons Why It’s Not A Bubble
Bitcoin is surging once again this morning, up over 8.5% to retest $6000 once again (after dropping to $5366 just 2 days ago), but according to Nasdaq, “Bitcoin is not a bubble,” citing five reasons demonstrating why it’s nothing like Tulip Mania… Via Nasdaq’s Alex Lielacher, The digital currency bitcoin rallied by over 300 percent since the start of […]
Atossa Genetics Announces Pricing Of $5.1 Million Public Offering Of Common Stock
SEATTLE, Oct. 26, 2017 (GLOBE NEWSWIRE) — Atossa Genetics Inc. (Nasdaq:ATOS) (“Atossa” or the “Company”), a clinical-stage pharmaceutical company developing novel therapeutics and delivery methods for breast cancer and other breast conditions, announced today the pricing of an underwritten public offering of 11,500,000 shares of common stock with a public offering price of $0.44 per […]
Alaska Airlines: Melted
Back on October 13th, I suggested Alaska Airlines as a short; that’s worked out nicely. I have covered and taken profits. Here’s a longer-term chart
Crisis Or Stagnation: Why China Cannot Develerage
The latest figures of the Chinese economy show a third quarter GDP growth of 6.8%, suspiciously in line with the government mandate and consensus estimates. However, it is not the top line that worries me. It is the evidence of debt saturation and diminishing returns of the central-planned model. Chinese total debt has surpassed 300%. […]
Start Thinking About Inflation
Start thinking about inflation. And when you do, think about oil and gas, the top commodity driver of price growth. Among all long-only commodity exchange traded funds, these have the most exposure. Several long-only commodity exchange traded products signaled bottoming action ahead of the September Federal Open Market Committee meeting. Such technical uniformity is significant, […]
American Airlines Group (AAL) Beats On Q3 Earnings
American Airlines Group (AAL – Free Report) came into existence following the Dec 2013 merger of AMR (American Airlines’ parent group) and US Airways. This Fort Worth, Texas based company serves customers with more than 6,700 daily flights in more than 50 nations across the globe. American Airlines Group has a healthy track record with respect to earnings. […]
5 Incredible ETFs & Stocks To Buy On The Dips
Wall Street has been on the second-longest bull run in U.S. history with the major bourses hitting new milestones. Notably, the Dow Jones industrial Average hit another landmark 23,000 last week. Resumption of Trump trade, upbeat economic data, and deluge of solid earnings reports are instilling optimism in the world’s largest economy. Manufacturing activity, as […]
Puigdemont Does Not Call Elections – Crisis Worsens – EUR Pressured
The president of Catalonia says he tried to find a way for a dialog and thought that elections would guarantee that the Spanish government would not suspend the autonomy. He said that he did not receive such a guarantee, thus he does not call elections. EUR/USD remains under pressure and slips to a new low […]
Kansas City Fed Survey: Activity Jumps In October
The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly data is only available from 2001. New seasonal adjustment factors were introduced in January 2017 and slight revisions […]
