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The Hammerstone Group

September 24, 2019

Early Look: September 24, 2019

U.S. stock futures are edging higher once again, rising on trade optimism after Treasury Secretary Steven Mnuchin said late Monday that U.S.-China trade talks will resume in two weeks in Washington (not new news but gives more specific timeframe). Mnuchin said “the President’s been very clear if we can get the right deal, he wants the deal.” “If we can’t get the right deal, he’s happy with the tariffs.”

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Benzinga

September 18, 2019

VanEck, SolidX Pull Bitcoin ETF Filing From SEC Consideration

Less than two weeks after VanEck and SolidX rolled out the VanEck SolidX Bitcoin Trust ETF (XBTC), a bitcoin exchange traded product aimed at institutional investors, the firms said they’re withdrawing plans for bitcoin exchange traded fund aimed at a broader swath of investors.

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Benzinga

July 3, 2019

As Facebook Prepares To Launch Libra, Regulators Are Watching

Facebook, Inc. FB’s bold move into the cryptocurrency space with the planned launch of Libra in 2020 is certain to draw the attention of regulatory authorities. The Cambridge Analytica data scandal in 2018 involved the harvesting of personal data of millions of people’s Facebook profiles without their consent for the purpose of political advertising.

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The Hammerstone Group

June 27, 2019

Early Look: Thursday, June 27, 2019

Stocks futures are mixed, as the Dow Industrial futures slide being led by weakness in Boeing (BA), with shares down over 5% after tests on its currently grounded 737 Max have revealed a new safety risk and U.S. regulators are ordering the company to make additional design changes.

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