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Monthly Archives: January 2018

JEFFERIES: Nintendo’s explosive Switch sales should continue to be a rainmaker for the company

Nintendo Nintendo reported third-quarter 2017 profits on Tuesday that beat analysts’ expectancies. The company bought 7.23 million Switch gadgets in the 0.33 quarter, using maximum of the upside for its inventory. A Jefferies analyst believes that we can continue to see the company beat expectancies and instructed upper ahead steerage …

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Samsung Pay sees success in Spain

BI Intelligence This tale used to be dropped at BI Intelligence “Payments Briefing” subscribers hours sooner than showing on Business Insider. To be the primary to grasp, please click on right here. Samsung Pay, the tech large’s cellular pockets, has observed €100 million ($124 million) in transactions since launching in Spain in June 2016. …

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An unnamed Hong Kong-based blockchain investment fund has acquired Chinese crypto exchange BTCC

BI Intelligence This tale used to be brought to BI Intelligence “Fintech Briefing” subscribers. To be told extra and subscribe, please click on right here. Chinese cryptocurrency exchange BTCC has been acquired by way of an unnamed Hong Kong-based blockchain investment fund. BTCC is the fifth-largest cryptocurrency exchange by way of day-to-day Bitcoin …

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Ethereum has outpaced its rival cryptocurrencies since the start of 2018

Markets Insider Ethereum is the absolute best acting primary cryptocurrency to this point in 2018.  The second-largest coin via marketplace cap has received 46% since January 1, in comparison to the total marketplace’s 15% drop.  The international cryptocurrency marketplace may have misplaced 15% — or $93 billion of worth — …

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Tech earnings start: Here’s a super-quick guide to what traders are talking about right now

Thomson Reuters Dave Lutz, head of ETFs at JonesTrading, has an summary of lately’s markets. Here’s Lutz: “Morning, and welcome to the Last day of Month!  US Futures are getting better from the 2day selloff, with the Spoos up 30bp because the FOMC “Drift” kicks in.  I see a Tentative …

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