Snap Inc (NYSE:SNAP) investors are shouting “hallelujah” on the first trading session of the week as the company has finally received its first “buy” rating from Wall Street. Monness Crespi Hardt established its coverage of the social media app titan with a “buy” rating. The Wall Street firm gave it a price target range of […]
Archives for March 2017
Will Donald Trump ‘drain the swamp’ with blockchain?
By: Tho Bishop Earlier this week Donald Trump took steps to streamline the executive branch. As the summary of the order reads: This order is intended to improve the efficiency, effectiveness, and accountability of the executive branch by directing the Director of the Office of Management and Budget (Director) to propose a plan to reorganize […]
Week in Review: Mar. 13 to Mar. 19
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: 7 foreign policy tips to make Donald Trump the best POTUS in modern history Global debt nears $200 trillion as governments use long-term bonds, subzero interest rates Ron […]
7 random things for Friday (Snapchat dips under $20, government spending since 1981, Rand Paul burn)
News Story of the Day: Snap Inc (NYSE:SNAP) has officially dipped under $20 a share. At the time of this writing, Snapchat shares are down 2.4 percent to $19.27, just above the record low of $18.90. The stock has lost about 25 percent since hitting an all-time high of $29.44 per share earlier this month. […]
Is the Snap Inc (SNAP) IPO Proof of a Tech Bubble?
By: Joeri Vandendriessche Earlier this month, the 2nd of March, there was quite a fuss on Wall Street. The long-anticipated IPO of Snap Inc. (also known as Snapchat) was imminent. The CEO and founder Evan Spiegel rang the bell at the NYSE together with his co-founder and CTO Bobby Murphy. Snap Inc. shares opened at $17 […]