Tag Archives: model

One of the most widely used charts for predicting massive future bitcoin price gains is showing the largest divergence since January 2019.  The bitcoin stock-to-flow model currently suggests that the price of bitcoin should be around $77,900. But as of Monday, the cryptocurrency was trading at $33,668, well off the all-time high price of $64,829 reached in April.  Crypto analyst ‘PlanB’, who has been documenting his stock-to-flow model since March 2019, tweeted that BTC/USD is now the… Source link

Tesla’s (TSLA) new 2021 Model S Plaid is an “impressive feat” in terms of performance and technology, and makes a strong addition to the car manufacturer’s product portfolio, Colin Rusch, senior research analyst at Oppenheimer Holdings (OPY), told Yahoo Finance Live. June 10’s “delivery event” for the Model S Plaid showcased the raw capabilities of the newest member of Tesla’s lineup. With deliveries kicking off last Thursday, customers are now able to take ownership of an EV… Source link

(Bloomberg) — Google agreed to pay 220 million euros ($268 million) and change the way its business works across the world after settling a France probe that struck at the heart of its power over online advertising. France’s antitrust agency said Monday the U.S. tech giant used its dominance over ad sales and purchasing on its platforms to distort the market to its own advantage, hurting publishers such as News Corp. “Google took advantage of its vertical integration to skew the… Source link

It was another big year for Porsche (VWAGY) here in U.S., despite a pandemic changing how the German automaker — and every other automaker for that matter — does business. While a slowdown hurt performance in the spring, prospects turned around quickly for Porsche, as it ended up delivering 57,294 vehicles in the U.S., its second best year ever. Deliveries rebounded in the back half of the year, in particular the 4th quarter, jumping 6.4% to a record 17,560 vehicles. Kjell Gruner,… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

After a wide-ranging 16-month investigation, a congressional subcommittee examining dominance in the technology industry last week recommended more than two dozen updates to the U.S. antitrust system, including implementing nondiscrimination rules that would limit “preferential or discriminatory treatment” by dominant platforms. But such rules can be hard to enforce, experts said, and attempts by the European Union to spur… Source link

During Wednesday’s tech antitrust hearing, Rep. David Cicilline (D-RI) tore into Google CEO Sundar Pichai over the company’s dominance in search and its use of data to monitor would-be competitors. “It is Google’s business model that is the problem,” Cicilline said, alleging a pattern of anti-competitive behavior that allowed Google to grow while smaller businesses were crushed. “Our documents show that Google evolved from a turnstile to the rest of the web to a walled garden… Source link