Finance

Bitcoin is still a buy despite its continued losses, blockchain venture capitalist Spencer Bogart told CNBC. The digital currency’s increased number of use cases is proof that the popular form of money is being institutionalized. “Every major bank is trying to do something in the space,” Bogart, a partner at Blockchain Capital, told CNBC’s “Fast
0 Comments
Still, for Tesla, a cursory glance at headlines in the past few weeks shows an exceptional growth in the division between Tesla optimists and pessimists. For example, Baird reiterated its outperform rating on Wednesday, predicting the Palo Alto, California-based automaker will make significant progress in its Model 3 output. The firm”s analyst, Ben Kallo, reaffirmed
0 Comments
Andrew Harrer | Bloomberg | Getty Images William Rhodes III, chief executive officer of AutoZone Inc., waits to begin a listening session with U.S. President Donald Trump, not pictured, Retail Industry Leaders Association, and member company chief executive officers in the Roosevelt Room of the White House in Washington, D.C. AutoZone’s Rhodes noted the changes
0 Comments
Cryptocurrencies mirror some of the most famous failed currency experiments throughout history, according to Nobel-winning economist Robert Shiller. Enthusiasm around the thousands of existing cryptocurrencies including bitcoin remains strong despite warnings from investors like Warren Buffet that they’re worthless. That mania, and attempts to launch new units of money have existed in different forms since
0 Comments
Microsoft has bought Semantic Machines, an artificial intelligence start-up, as it looks to boost its efforts in developing conversational AI. Berkeley, California-based Semantic’s approach to AI is using machine learning to add context to conversations with chatbots. This means taking information received by AI and applying it to future dialogue. The firm’s speech recognition team
0 Comments