Newmont Mining Corp is buying smaller rival Goldcorp Inc. for $10 billion.It will have mines in the Americas, Australia and Ghana. Hoping to produce 6-7 million ounces of gold annually over the next 10 years and beyond, the new company - to be called Newmont Goldcorp – could edge past current leader Barrick Gold in annual production of the yellow metal. Newmont will also sell $1 billion to $1.5 billion worth of assets over the next two years as part of the deal. According to Newmont, the acquisition deal is estimated to generate up to $100 million in savings.

Crocs raised its fourth quarter as well as full-year guidance. The casual footwear company's latest revenue estimate for the fourth-quarter is in the range of $211 million to $214 million, up from prior guidance of $195 million to $205 million.  For the full year, Crocs now expects revenue to grow about 6%, compared with prior guidance of 4% to 5%. Andrew Rees, president and CEO, has indicated that e-commerce and wholesale growth would cushion the effect of reduced number of physical stores."We had one of our best fourth quarters in years," said Rees.

Amazon Web Services (AWS) has invested in semiconductor firm Wiliot Inc. Wiliot is  an Israel and San Diego-based company that produces wireless technology for tracking the location of goods during manufacturing.Wiliot is planning to launch a battery-free bluetooth sticker-sized sensor tag, which is expected to be embedded in the production phase of consumer goods.  Amazon’s cloud service is rapidly emerging as one of its most successful businesses.

With a growing number of long-range battery-cars coming to market, Nissan's own electric vehicle, the Leaf, has been in danger of coming unplugged. Read More...

Google is growing its presence in Los Angeles, the company says. Google has leased a new 584,000-square-foot office in West Los Angeles that is scheduled to be completed by 2022. Dubbed "One Westside," the offices will take up part of what is today the Westside Pavilion mall. READ MORE...

Blockchain and cryptocurrency have established themselves as an industry of goldmine, and you know where the cash flow, fraud, and scams defianlty going to happen. Crypto space has attracted its share of shrewd opportunists whose scams such as the infamous pump-and-dump schemes have grabbed international headlines. READ MORE...

Oil prices fell about 2 percent on Friday amid worries about a global economic slowdown, but futures ended the week higher, keeping some gains from a week-long rally spurred by U.S.-China trade hopes. Read More...

Further, the cryptocurrency boom gave AMD’s graphics business a much-needed boost. For a long time, AMD’s processors were far behind Intel’s, but it is rapidly closing the gap with the second generation Ryzen.In a live demonstration using performance-testing tool Maxon Cinebench R15, an eight-core Ryzen chip managed a performance comparable to Intel's i9-9900K using 30% less power. But the performance of these new chips across the full spectrum of PC workloads is unclear until evaluation from third-party reviewers. Regarding pricing, top-tier mainstream second-generation 2700X Ryzen chip sells for $329, a full $200 less than Intel's flagship chip.

According to a recent Information Report, Amazon has upped its services by foraying to develop an online videogame steaming service that would stream gameplay over the internet. Currently, the videogame sector is undergoing a paradigm distribution shift from its earlier physical discs to online download.In light of this shift, the emergence of game streaming services will be a significant development, as it may release players from the pressure of buying expensive hardware as the processing power needed to play complex games shifts to data centers, simplifying user devices. According to Amazon, this service will not hit the market until early next year as the company is yet to collaborate with game publishers, whom they have recently approached to consider bringing their content to the streaming service. However, the development of a Web-based gaming hub would mark a significant step for Amazon in a market place already inhabiting players like Microsoft (MSFT) and Google (GOOGL

Artificial intelligence, whether it’s an application of machine learning or some new technology altogether, is poised to shatter the global economy. Kai-Fu Lee, a venture capitalist who used to develop artificial intelligence for both Microsoft and Google, told CBS’ 60 Minutes that AI will displace 40 percent of the world’s workers within 15 years. READ MORE...

Bitcoin’s (BTC) price saw its biggest drop for seven weeks on Thursday, weakening the prospects of a bullish breakout above $4,100. The world’s largest cryptocurrency by market value hit a 3.5-week low of $3,503 yesterday, before closing (as per UTC) at $3,627 – down 9.4 percent on the day.That was the biggest single-day drop since Nov. 24 and the fourth biggest daily loss of the last two months, according to CoinDesk’s Bitcoin Price Index (BPI). READ MORE...

Dow Jones Industrial Average futures traded down slightly in pre-market trading on Friday as the blue-chip index fought to hold above 24,000 and extend a five-day winning streak as the US government shutdown hit the three-week mark. READ MORE...

Many on the Street left General Electric (NYSE:GE) and GE stock for dead.But it appears that both are in the midst of a comeback in the short-term and should be very well-positioned over the longer term. READ MORE...

As most retirees and soon-to-retirees already know, Social Security is slated to run out of money in 2034 and, unless changes are made between now and then, beneficiaries beginning in that year will receive only 79% of what they otherwise would be owed. READ MORE...  

AT&T (T) closed the most recent trading day at $30.40, moving +1% from the previous trading session.Meanwhile, the Dow gained 0.51%, and the Nasdaq, a tech-heavy index, added 0.42%. READ MORE...

Despite a strong rally in stock prices that has restored some confidence in the market, Goldman Sachs is advising investors to build their levels of cash now."The potential exists for further equity market downside in the near term even if the recent equity market collapse does not lead to a recession,” says Goldman's recent Macroscope report, pointing out that cash positions are at their lowest in 30 years. READ MORE...

I know the company name is Alphabet (Nasdaq: GOOG) now, but I still have to call it Google.Now the stock could be facing resistance from a downward sloped trend line and earnings are right around the corner. If we look at the daily chart for the last few months, the highs from August, October, December, and this week all connect very neatly.

At a time when traditional brick and mortar retailers are finding it extremely difficult to keep their doors open, Amazon-owned Whole Foods has been gearing up to enhance its omni-channel footprint. Now that Sears has closed stores in 123 locations and Kmart in 205 locations over the last three years, Whole Foods is gearing up to occupy these vacant spots and widen its national presence. This move would mark a major phase of expansion for Whole Foods, which currently has a little more than 470 stores spread across the country, centered mainly around coastal cities and affluent neighborhoods.470 may sound like a lot, but is a far cry from competitors like Walmart (WMT) and Kroger (KR) in the grocery space. With the financial backing of Amazon, Whole Foods has the opportunity to make its presence felt in areas that were once out of reach and to scale up the business at a relatively low cost.

Federal Reserve officials acknowledged that the policy path ahead is "less clear" after approving an interest rate hike at their most recent meeting. Minutes released Wednesday from the Federal Open Market Committee gathering in December showed the rate hike came with reluctance from a few members who thought the lack of inflationary pressures argued against another increase. READ MORE...

China plans to set a lower economic growth target of 6-6.5 percent in 2019 compared with last year’s target of “around” 6.5 percent, policy sources told Reuters, as Beijing gears up to cope with higher U.S. tariffs and weakening domestic demand.READ MORE...