By Stephen MayhewAugust 7, 2015 -Chinese internet service portal Tencent will soon launch an online stock trading platform with a facial recognition authentication system on its messaging mobile app WeChat, in which the according to a report by South China Morning Post.Account holders will be able to verify their identities and open personal stock exchange accounts using the platform’s facial […]
Harry Temkin and Stephen Kalayjian have spent years working in the financial sector, but it wasn’t until the two started working together that they realized they might have a future in game design.”Steve had always thought about doing a game,” Temkin told Benzinga. “But, being who we are, we never thought we’d actually do it. Then one day we came […]
China’s stocks look to be falling back down to reality.After an epic rally that saw the Shanghai Composite index climb more than 40% this year and the tech-heavy Shenzhen Composite rise a world-leading 90%, a correction — or maybe worse — looks to be in the works.Last week both indices lost more than 10%, falling solidly into correction territory. But […]
Cellular Biomedicine: Strong Sell On CAR-T Failure, Dishonesty Allegations And Stock Promotion, -94.6% Downside
SummaryWith paid stock promotion CBMG has achieved an unsustainable $500m valuation, and with $20m in stock sold and insiders stock registered to sell, I expect CBMG will continue to collapse.
CBMG “Car-T” technology was acquired for $1.8m, has experienced patient deaths and is worthless. CBMG recent R&D of just $4.9m makes the $500m valuation clearly absurd.
CBMG founders face dishonesty allegations, are […]
If you put money in stocks at just about any point in the past six years, you’re probably pretty happy.America is in the midst of the fourth longest stock market expansion in history.Monday marks the six-year anniversary of the day the S&P 500 hit its low point after the financial crisis. Since then, the index has risen over 200%.But that […]
Technical analysis is the study of price charts used by investors to determine when to buy and sell investments.Technical analysis has a long history of application to shares in companies.But, as Stephen Sutherland, co-founder of ISACO, an investment adviser in Manchester, explains in this video interview, technical analysis can also be applied to funds.Gavin: Hello, at Citywire we spend a lot […]
Analytics Engines — a Belfast-based company that has developed a suite of plug-in ‘software accelerators’ allowing for complex analytics and real-time processing of Big Data in finance, genomics, and utilities — has closed a $1.6m/£1m funding round. The investment will be used to speed up productisation and exploitation of IP, and expand the company’s global footprint. The company has partnered […]
REUTERS/Christinne MuschiBank of Canada governor Stephen Poloz.Stock markets around the world are heading higher again.
In Asia, the Japanese Nikkei and the Hong Kong Hang Seng both closed up 0.2%, while the Shanghai Composite advanced 2.2%.In Europe, markets are rising across the board, led by Italy’s FTSE MIB, up 0.7%.In the United States, futures point to an unchanged open.Today is another […]
Palantir, the big data company that secured clients like the NSA, the FBI and the CIA early on, is topping up its recent September funding round with a 50 percent bump in valuation. The company is now valued at $9 billion, according to sources familiar with the deal. An SEC filing released today showed that they are raising an additional […]