Ex Trader, Investor, Principal of a Palm Beaches-based Family Office. Proficient Operator in Business, Competitive and Private Intelligence.
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Google Removes Adware-Laced Kids' Apps From Play Store (Cybersecurity)


Source: Wired

US Stocks Sink, Dow Enters Bear Market (Market Trading)

#dow #markets

Wall Street tumbled on Wednesday and the Dow entered a bear market, as the WHO declared the novel coronavirus outbreak a global pandemia and as concerns mounted over the Trump administration’s fiscal stimulus package. Uncertainty on the timing remains unclear, while Sen. Chuck Grassley, head of the Finance Committee, said the tax cut needed to be examined. On Tuesday, Johns Hopkins University confirmed more than 1000 coronavirus cases in the US alone, triggering anxiety. Abroad, the Bank of England cut the monetary policy rate by 50 bps to 0.25%, mimicking the Federal Reserve’s response. Cruises and airlines were dragged by unclear aid stimulus. The Dow Jones plummeted 1465 points or 5.9% to 23553, entering a bear market amidst a 20% drop from last month record close. The S&P 500 plunged 141 points or 4.9% to 2741. The Nasdaq tumbled 392 points or 4.7% to 7952. Both the S&P 500 and the Nasdaq are now 19% below a recent peak reached in February. 

What You Need to Know about Coronavirus 2019 (COVID-19)

#virus #health

Great info from the State of California 

Source: California Dept of Public Health

10.6 Million MGM Hotel Guests posted on Hacking Forum (Cybersecurity)

#cybersecurity #hacking

Source: ZDNET

Google Sued by New Mexico Attorney General (Cybersecurity)

#sued #google #privacy # cybersecurity 

Source: The Hill

The Rise of Women-Led Unicorns (Gender Lens Investing)

#genderlens #women #angel #investor

Source: Techcrunch

US Blames Russia's GRU for Cyberattacks (Cybersecurity)

#spy #cybersecurity

Source: Wired

US Crude Oil Inventories Rise for 4th Week (Market Trading)


Stocks of crude oil in the United States increased by 0.414 million barrels in the week ended February 14th 2020, following a 7.459 million gain in the previous week and compared with market expectations of a 2.494 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 1.971 million barrels after decreasing by 0.095 million in the previous week and compared with market consensus of a 0.435 million rise. 

App Automatically Cancels and Sues Robocallers (Cybersecurity)

#robocallers #cybersecurity 

Source: Vice

Chrome Extensions Uploaded Private Data from Users (Cybersecurity)

#cybersecurity #google #chrome

The extensions were used to extract private browsing data from users. Exposing banking, shopping and possibly health information. Putting users at risk to ad fraud and other misleading marketing practices.

Source: Wired  

Signal Bringing Its Secure Messaging to the Masses (Cybersecurity)

#encryption #signal #cybersecurity

I recommend Signal to anyone seeking secure communications. Easy to on-board. Your information should be your information.

Source: Wired

UK Stocks Down amid RBS, AstraZeneca (Market Trading)

#euro #ftse #dax #cac

The FTSE 100 fell 43 points, or 0.6% to 7,409 on Friday, the lowest close since February 3rd, dragged by corporate updates and coronovirus fears. Royal Bank of Scotland slumped near 7%, after scaled back the target date for hitting its long-term profit goals and announced it will change its name to NatWest Group. AstraZeneca was also among the worst performers, after reported lower than expected Q4 earnings results and announced sales will be hurt this quarter by the coronavirus outbreak as China is one of its main markets. Considering the full week, the FTSE 100 lost 0.8%. Meanwhile, other main European stock markets finished mixed: the CAC 40 dropped 24 points, or 0.4% to 6,069; the FTSE MIB declined 25 points, or 0.1% to 24,867 while the IBEX 35 rose 47 points, or 0.5% to 9,957 and the DAX 30 ended flat at 13,744. For the week, the DAX 30 gained 1.7%; the FTSE MIB rose 1.6%; the IBEX 35 added 1.4% and the CAC 40 went up 0.8%.

Euro Hits 33-month Low (Market Trading)


EURUSD decreased to a 33-month low of 1.0877

White House Proposes $4.8 Trillion Budget Plan (Market Trading)

#trump #gdp
The Trump administration unveiled its $4.8 trillion budget plan for the fiscal year starting on October 1st, which is unlikely to be passed by Congress. The plan includes $2 billion to fund the construction of a wall on the US border with Mexico and an increase of 0.3% in military spending. Meanwhile, NASA would get a 12% increase in funds as it plans for a trip to Mars. Trump's budget also proposes cuts to food stamps, farm subsidies and Medicaid, and a reduction in expenditure on foreign aid by 21%. It exempts seniors from cuts to Medicare and Social Security while targeting benefit safety net programs for the poor, domestic programs like clean energy and student loan subsidies. The budget forecasts a $4.4 trillion cut in spending over 10 years and a $4.6 trillion reduction in deficit over the same period. It also predicts GDP growth of 3% in coming years, compared to previous estimates by the Congressional Budget Office of just below 2%.
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Euro Area Currency Euro Weakens to Fresh 4-Month Low (Market Trading)

#euro #fx

The euro fell to $1.0936 on Monday, its weakest level since October 2nd, as a poor set of data across Eurozone countries raised concerns about the bloc's economic outlook. Italy's industrial output dropped by the most in nearly two years in December, while German production tumbled by the most in over a decade and French industrial output posted the steepest contraction since January 2018.