Bitcoin Futures Go Live at the CME, and Congress Calls for a Disney Hearing
A week after contracts on the cryptocurrency began trading at the CBOE, the much larger derivatives exchange, the CME, launches its own version. Interest in Bitcoin and other digital assets has risen exponentially this year, with prices approaching $20,000 over the weekend.
Plus days after Disney announced its $52 billion acquisition of Fox, Democratic leaders in Congress are calling for a hearing, raising antitrust concerns. The legislators saying a deal would concentrate too much box office power in one company.
And a judge made public a letter from a former Uber employee which accuses former executives of espionage and bribery. Stitch Fix is getting ready for its first earnings report since going public. We've also got earnings on tap from BlackBerry and Micron.
Paul Verna of Insider Intelligence breaks down how the company is positioned, whether they can make their streaming service profitable, and the upper limit of streaming bundle prices.
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend. The beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years.
Taylor Swift’s camp is hitting Jack Sweeney, a junior at the University of Central Florida, with a cease-and-desist letter that blamed his automated tracking of her private jet for tipping off stalkers as to her location.
Surprise, surprise: tech is still the sector to watch, according to Karyn Cavanaugh, Chief Investment Officer at Carolinas Wealth Management. Learn how to properly diversify your portfolio.
Facebook and Instagram users will start seeing labels on AI-generated images in their feeds. Hopefully this will save time for everyone zooming in each picture to see how many fingers someone's hand has.