Is now the time to move out of tech stocks or is there opportunity?
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David Garrity, chief market strategist at Laidlaw & Co. (U.K.) and founder of BTBlock, discusses the outlook for bitcoin, which pulled back after approaching $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally. The token hit a previous peak of $19,511 in December 2017 amid widespread elation, only to lose 70% over the course of the
Having trouble viewing vide? Click here. Crypto-currency – Combined Market Cap Collapses 72% to $236bn from $830bn Peak As Regulatory Concerns & Operational Issues Dog Sector While Bitcoin (BTC, $6,633) is off -65% from its $19,205 peak, investors should note that the total cryptocurrency market has lost -$594bn (-72%) in value from its 2018 peak. However
Today David joined Pimm Fox and Lisa Abramowicz on Bloomberg Radio to discuss Twitter. You can listen to the replay here. Tech – 1Q17 Earnings Season Underway This Week The U.S. technology sector reporting season kicked off last week with NFLX (Mon 1/17) and IBM (Wed 4/19). Results from both missed Street expectations and subsequent
Taking Stock with Kathleen Hays and Pimm Fox David Garrity, Principal at GVA Research, on election cybersecurity and outdated voting machines: is the election hackable? Following the release by Wikileaks of confidential internal communications of the Democratic National Committee, the U.S. Department of Homeland Security is weighing measures to enhance the security of the U.S.
