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Google will be stopping all investments in messaging app Allo, as it focusses all energies on the upcoming ‘Chat’ app

“Google is reportedly “pausing investments” in its Allo mobile messaging app that was launched with much fanfare in 2016″ reports firstpost.com. Google, however, is bullish on its video mobile app Duo.Launched in September 2016, Allo is an instant messaging mobile app for the Android and iOS mobile Operating Systems (OS), with a web client available on Google Chrome, Mozilla Firefox and Opera browsers. Source: firstpost.com Share This:

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Alphabet is making three big changes in how it reports earnings on Monday

“When Alphabet posts its first quarter results on Monday, investors should be prepared to see three changes to how it reports its earnings” writes unknown author for cnbc.com. The changes, which Alphabet announced earlier this month, will likely lead to a decrease in revenue in Alphabet’s “Other Bets” category and more volatility for its “other income and expenses,” while also providing a new way to measure the success of its ads on third-party websites. Source: cnbc.com Share This:

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Retired? You may feel young, but your investments should reflect your age

“Suddenly, at age 76, he had a stroke; his wife took care of him for 8 years during which time no one attended to the investment portfolio” writes Melody Juge for marketwatch.com. Risk tolerance is a key factor in successful self-investing and applies in today’s investment environment more than ever, especially for those over age 60. 3.When you are 42 it is not a usual thought to be concerned about who will take over your investment portfolio should you be unable to continue.Timely decision making, as it relates to the…

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Markets News Stocks 

5 unloved investments that Morningstar recommends you embrace now

“With investors shaken after weeks of geopolitical uncertainty, Morningstar Investment Management has compiled a list of unloved investments, including the ones above, that could deliver profits in the long run to traders able to tune out the noise” writes Markets Reporter for marketwatch.com. No additional sanctions have been announced yet, but uncertainty still hangs over the country’s stock market. Source: marketwatch.com Share This:

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‘We have a very strong outlook on China,’ says Eastspring portfolio manager

“But the long-term view on China remains positive, Sarah Lien, client portfolio manager at Eastspring Investments, told CNBC’s”Capital Connection.”” writes Yen Nee Lee for cnbc.com. The U.S. may have lashed out against China in recent weeks, but at least one portfolio manager remains “very” optimistic about the prospects of the world’s second-largest economy. Source: cnbc.com Share This:

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SoftBank Driving Investments In Silicon Valley Startups

“At the same time, two sovereign wealth funds and some retirement funds have started investing in startups directly instead of venture funds” reports pymnts.com. Venture capital firms wanted companies to focus on revenue and profit instead of user growth, and investments declined.That has all changed in 2018 with SoftBank and its Vision Fund, which is its $92 billion investment fund focused on technology companies.According to a report in The Wall Street Journal, SoftBank is pouring billions of dollars into technology-focused startups, which is prompting other global investors — including U.S.-based venture capital…

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Fidelity Investments: Valuations, Quality and Dividends Will Drive Stocks

“When it comes to value stocks, while valuations are elevated, Matthew Friedman, portfolio manager for the Fidelity Value Strategies Fund, said there are still some good, high-quality value stocks to invest in” writes Donna Fuscaldo for investopedia.com. With volatility back with a vengeance and concerns mounting that growth stocks are overvalued, Fidelity Investments fund managers are focusing more on choosing stocks that are high quality, properly valued and paying out dividends.The fund manager pointed to Apple Inc. (AAPL) as another example of a company with a big moat.The fund manager pointed…

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Tax policy is a bore, until they take your Social Security and Medicare away

“In other words, the tax act subsidizes firms that buy robots over firms that hire new workers” writes Edward Kleinbard for latimes.com. The U.S. did need business tax reform.A 25% business tax rate combined with a phase-out of interest expense deductibility would yield a more economically neutral system that still would be highly competitive on the world stage.But what Congress delivered went far beyond any economic rationale: a corporate tax rate of 21%, immediate expensing (write-offs) of all investments and the continued deductibility of most business interest expenses. And the…

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Alt Lending, Artificial Intelligence Startups Lead Investment Activity

“British Business Investments, Paragon Bank, BCI Finance and Blenheim Chalcot facilitated an $81.8 million investment in U.K. alternative finance player Liberis” reports pymnts.com. Supply chain finance company Invoice Bazaar made an undisclosed investment in ODeX, an online logistics and shipping company facilitating digital document exchange.The company landed the funds from Poseidon Asset Management, Phyto Partners, Altitude Investment Partners, Arcview Investor Network and Arcadian Fund, according to Green Market Report.Based in Ireland, Supply Finance landed $4.9 million in Series A funding, reports in Independent.ie said this week.Blockchain heavyweight Ripple made headlines…

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Magic Leap leads quarterly venture capital raise in Florida, 4th in nation

“Magic Leap led venture capital investments in Florida and was fourth in the nation for largest investments in the first quarter, according to a MoneyTree Report released Wednesday” writes Marcia Heroux Pounds for sun-sentinel.com. For the United States and for Florida, the first quarter saw bigger venture capital investments but fewer deals, according to the quarterly report, produced by PricewaterhouseCoopers and CB Insights.Statewide, the second-largest venture capital investment during the first quarter was $10 million in F1 Oncology, which operates in West Palm Beach.With greater access to big venture capital…

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