News Stocks 

Snap executives have started selling their shares

“Two Snap executives who won’t be selling shares anytime soon are cofounders Evan Spiegel and Bobby Murphy” writes Alex Heath for businessinsider.com. At least three Snap executives have sold shares following the company’s post-IPO lockup expiration that has kept employees from selling until now, according to documents filed with the SEC on Wednesday evening.Sehn, who leads the app maker’s engineering teams, sold the most Class A shares of the group to the tune of $5 million, while Vollero sold shares worth $2.4 million and Khan sold $1.8 million. Get the…

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Crypto News 

Bitcoin Price Watch; $5000 In View

“Here’s what we are looking to trade this morning out of Europe in the bitcoin price” writes unknown author for newsbtc.com. It’s the start of a fresh day’s trading in our European bitcoin price trading efforts and it’s time to get some levels in place with which we can carry forward into the session.Looking short, if we see price close below support, we’ll get in towards a downside target of 4300 flat.We’re going to hold on to our breakout approach for the session today, so if we see price break…

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Markets News 

The vintage-car market is melting down

“Unlike stock market indices, the Hagerty Market Index is adjusted for inflation via the Consumer Price Index” writes Wolf Richter for businessinsider.com. Then there will be talk of prices “normalizing,” as is the case in collector cars.The index for collector car prices in the August report by Hagerty, which specializes in insuring vintage automobiles, fell 1.0 point to 157.42.The current drop of 15% from the peak in “real” terms is just below the 16% drop during the Financial Crisis. Source: businessinsider.com Share This:

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News Stocks 

SunTrust predicts Snap will plunge more than 20% on Facebook competition

“SunTrust Robinson Humphrey on Tuesday initiated coverage of Snap shares with a sell rating, citing the competitive threat of its larger rivals copying its innovations” writes Brendan Mcdermid for cnbc.com. Nearly 70 percent of Wall Street does not have buy ratings on Snap shares, according to FactSet.Snap shares have tumbled since its March initial public offering.Despite the call, Snap shares rose 1.7 percent in early trading Wednesday.One Wall Street firm believes there will be no turnaround for the social media company’s stock anytime soon. Source: cnbc.com Share This:

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News 

The price of eclipse glasses have more than tripled on Amazon over the last two weeks

“From what our community has seen on Amazon, it appears that Amazon prices on eclipse glasses have more than tripled over the last two weeks,” Matt Gratt, Wikibuy’s Director of Growth, wrote in an email” writes Suzanne Ciechalski for mashable.com. For a five pack of premium ISO and CE Certified Lunt Solar Eclipse Glasses from a third party vendor, the current price sits at $39.95.On Amazon, which seems to be the marketplace of choice for eclipse shoppers, prices for glasses have more than tripled over the last two weeks for…

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Crypto News 

Bitcoin Price Records Minor Correction & Falls to $4,070, Potential Factors

“After recording a new all-time high at $4,410, bitcoin price fell to $4,070, experiencing a minor correction” writes unknown author for cryptocoinsnews.com. Hence, a minor correction in bitcoin price after a strong rally should not be a concern for investors and traders.For instance, in the last week of July, bitcoin price decreased from $2,700 to $2,400, by $300.At the time, Antonopoulos noted: “The reason bitcoin price is dropping is the rapid 1500% rise in 2 years, especially the last 3 months.Despite the recent decline in bitcoin price, highly respected analysts…

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Crypto News 

Bitcoin is back above $4,000

“Bitcoin is back above $4,000 a coin on Wednesday, as the digital currency pars back losses” writes Oscar Williams-grut for businessinsider.com. Elsewhere in the crypto space, Bitcoin Cash, a new digital currency spun off from the Bitcoin network at the start of the month, is down 3.6% against the dollar to $293.00.Bitcoin fell below $4,000 late on Tuesday after a sensational rally on Sunday and Monday that saw the cryptocurrency break the $4,000 and $4,500 mark for the first time. Ethereum, the second biggest cryptocurrency by market cap after Bitcoin, is…

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Crypto Markets News 

Bitconnect Coin Hits New All-Time High at $115, as Bitcoin Price Surges

“In addition to the rapidly growing value of BCC, it is important to acknowledge the depth of the BCC market” writes unknown author for cryptocoinsnews.com. Throughout last week, during the strong rally of bitcoin, Bitconnect Coin (BCC) gained upward momentum, surpassing the $100 mark for the first time in history and establishing a new all-time high at $115.For years, Monero had remained within the top 10 largest cryptocurrencies list and this week, as BCC recorded a historic rise in value, Bitconnect overtook some of the largest cryptocurrencies in existence.According to…

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News 

Here’s the real price of a Tesla Model 3

“You may be eligible for local or federal tax incentives when you purchase your Model 3,” Tesla writes on its webpage” reports businessinsider.com. Tesla will first produce Premium Model 3 cars, so those who want to stick with the base price have a longer wait ahead of them.In fact, a base Model 3 costs more than a base BMW 3 Series. Source: businessinsider.com Share This:

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News 

Is MoviePass’s new $10-a-month movie ticket deal really as epic as it seems?

“Since launching Tuesday, the MoviePass deal has been wildly popular among fans, even causing the site to crash at various points during the day” writes Social Media Editor for marketwatch.com. And in some cities, the price of a monthly MoviePass is even less than the cost of a ticket.And AMC Entertainment AMC, -2.57%   this month is offering a $5 ticket deal on Tuesdays, while Regal Entertainment Group RGC, -1.24%   offers discounted tickets on certain days that vary by theater. Source: marketwatch.com Share This:

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