DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies. While chief executive Dan Burton acknowledged that the company was fundraising prior to the pandemic, the industrial lockdown actually accelerated demand for the company’s services. Even
0 Comments
Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing.  A project called JamaiCoin claims that six businesses are experimenting with its cryptocurrency as a protest against the US dollar, while separately another
0 Comments
Retail sales shattered already-lofty expectations for May as consumers freed from the coronavirus-induced lockdowns began shopping again. The 17.7% headline gain including food sales easily topped the record 6.7% from October 2001 — a month after the 9/11 terrorist attacks — and beat the 8% estimate from economists surveyed by Dow Jones. Retail sales alone
0 Comments
WTI created a Doji candle on Wednesday, neutralizing the immediate bullish outlook.  Oil currently trades within Wednesday’s trading range.  Acceptance under the Doji candle’s low would confirm a bearish reversal. West Texas Intermediate (WTI) crude is currently trading at $33.73 per barrel, representing a 0.6% decline on the day.  Despite the price drop, the immediate
0 Comments
Cases rise 4.7% Cases up 1827 vs 2392 in yesterday’s record surge New deaths 20 vs 25 yesterday New PCR tests: 11,855 (15.4% hit rate) This is a better number from Arizona compared to the jump yesterday but 1827 new cases still makes it the second-worst day for the state. Here’s the chart (excluding today)
0 Comments
Construction workers install frames for windows and doors in a home being built in Bloomfield Hills, Michigan, on Thursday, May 7, 2020. Emily Elconin | Bloomberg via Getty Images A faster-than-expected turnaround in homebuyer demand, following a sharp drop-off at the start of the coronavirus pandemic, has the nation’s homebuilders bullish on their business again.
0 Comments
Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images Oracle shares fell as much
0 Comments
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
0 Comments