Finance 3 April 2018

Sumner Redstone now communicates with an iPad programmed with his own voice spouting a profanity

Sumner Redstone now communicates through an iPad preloaded with clips of his voice saying "yes," "no" and what he REALLY thinks.

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Shares of cryptocurrency play Longfin drop 30% after disclosing SEC investigation

The SEC informed Longfin on March 5 that the agency is investigating trading in the company's shares and requested documents related to its IPO and acquisition of blockchain-related firm Ziddu.com, according to a required 10-K filing Monday.

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Disregard Trump's Amazon 'chatter' and buy shares, Wall Street analyst says

Tax changes at Amazon would have "limited impact" on the e-commerce company's profits, Piper Jaffray told clients Tuesday.

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New York Fed launches a US Libor contender

The New York Fed launched a benchmark U.S. rate to potentially replace the Libor.

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A 'big puke' is coming in markets — Nick Colas breaks down new survey results

DataTrek Research's Nick Colas conducts a survey that sees more stock market pain.

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History shows it pays to buy the market on the dip ahead of earnings

Investors might want to buy the dip in stocks ahead of the next earnings season, historical data from Jefferies shows.

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If Spotify's unusual debut works, it could mean trouble for Wall Street's IPO hype machine

Spotify's direct listing avoids all the regulatory hassles and expensive bankers that are the hallmarks of IPOs.

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Both Silicon Valley and Wall Street are taking notes on Spotify's unconventional debut

Spotify's unusual route to becoming a public company is a test case for other tech companies that are looking to sell their shares but are not in need of cash.

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