The Dow Jones Industrial Average DJIA, +0.42% rose 105 points, or 0.4%, to 24,824. The S&P 500 SPX, +0.83% rose 22 points, or 0.8%, to 2,696. The Nasdaq Composite Index COMP, +1.50% gained 103.5 points, or 1.5%, to 7,007.

Both the S&P and the Nasdaq hit intraday records in the final minutes of trading. They also ended at closing records, with…[Read more]

Longtime Apple Inc. bull Piper Jaffray said Tuesday it expects the stock to continue to move higher in what it expects to be a “super-long cycle” versus a “supercycle.”

Analysts led by Michael Olson said a survey of 400 iPhone buyers has bolstered their expectations for the mix of iPhones to be sold in fiscal 2018.

“Specifically, we are model…[Read more]

“We believe Netflix is taking several steps to improve this beyond the market’s obsession with sub numbers to date,” Nollen wrote. “A second round of price increases is now coming through, Netflix is expanding its distribution relationships with cable operators and telcos globally, international growth is taking off on a concerted strategy to…[Read more]

Amazon (NASDAQ: AMZN) will acquire Target (NYSE: TGT) this year, according to a list of 2018 predictions from Loup Ventures’ analyst Gene Munster. Munster said the call was his boldest of eight 2018 predictions, and he pointed out that Target is the ideal offline partner for Amazon for two reasons — shared demographic and manageable but…[Read more]

Bitcoin prices on Tuesday started 2018 the same way it ended: facing stiff headwinds as some of its rivals, notably Ether tokens trading on the Ethereum blockchain trading at or near an all-time high.

The spot price of a single bitcoin BTCUSD, +1.05% was trading relatively flat at more than $13,600, up less than 2%, according to data and news…[Read more]

“With some two billion monthly users, Facebook is pushing up against the limits of growth. The social-networking giant already dominates digital advertising, along with Google. If growth does begin to taper, you can expect investors to begin calling for new strategies—including dividends and stock b…[Read more]

Contango between m1 and m2 starts off the New Year just above 8% with Futures expiry on 1/17/18

“We’ve been hearing feedback from our customers about the way we handle performance for iPhones with older batteries and how we have communicated that process. We know that some of you feel Apple has let you down. We apologize. There’s been a lot of misunderstanding about this issue, so we would like to clarify and let you know about some cha…[Read more]

https://etfdailynews.com/2017/12/28/sp-500-volatility-in-2017-was-the-lowest-in-history-spy/The high VIX reading in 2017 was 17.28 with the low being 8.64. The average reading was 11.10 create the calmest market in history during 2017.

“The sharp losses on Thursday came after South Korea’s government proposed new legislation that will ban the use of anonymous cryptocurrency accounts starting next month and shut down the country’s bitcoin exchanges. The move is seen as a further step in attempting to curb widespread speculation in the bitcoin market.

“The reality is that the m…[Read more]

“Amazon.com Inc. snapped up between 45% and 50% of all online holiday retail sales, up from 38% last year, with Prime membership serving as the “golden jewel of the Bezos empire,” according to GBH Insights head of technology research Daniel Ives.

E-commerce sales increased about 18% year-over-year, according to GBH estimates. Ives puts Prime mem…[Read more]

https://www.fungglobalretailtech.com/news/weekly-store-openings-closures-tracker-25-aerosoles-toysrus-file-bankruptcy-protection/

Canada has become one of SodaStream’s fastest growing markets https://www.bnn.ca/video/sodastream-ceo-we-re-building-a-plant-in-canada-to-keep-up-with-our-hottest-growth-market~1290011

“ was intentionally slowing down performance of older devices to compensate for battery degradation in order to push people to upgrade their iPhones faster,” the complaint states.

The suit adds, “Apple has failed now and in the past to give any explanation as to why their older iPhones become a lot more sluggish after a new iPhone model comes…[Read more]

Charge 2 has been one of the best selling category items for amazon.com this year http://www.siliconbeat.com/2017/12/26/amazon-hits-christmas-jackpot-tens-millions-echo-devices-sold/?yptr=yahoo

https://www.marketwatch.com/story/apples-iphone-x-is-selling-but-no-ones-quite-sure-how-much-2017-12-08

Raymond James analysts, meanwhile, wrote in late November that “all qualitative data points” looked “reasonably good” around Black Friday, pointing to search volume trends that were “consistent with decent year-over-year global demand for the n…[Read more]