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Seven of the 11 $SPX sectors recorded a decline in bottom-up EPS #estimates during July.
via FactSetVerified account @FactSet
DOW = minus 163 …. NASDAQ = minus 111 … GOLD at 2 month high … and we all may need to head to the BUNKER soon 😉 🙂
On the hour | 1:00 PM
Dow -0.61%.
10-yr +0.15%.
Euro -0.02% vs. dollar.
Crude -1.59% to $48.77.
Gold +0.82% to $1,289.77.Microsoft and Intel announce new enterprise blockchain technology
Microsoft Corp. on Thursday announced the Coco Framework, a first-of-its-kind innovation that will advance enterprise adoption of blockchain technology. Current blockchain protocol technology requires complicated development techniques to meet the operational and security needs of enterprises. The Coco Framework reduces this complexity, and when integrated with blockchain networks addresses critical needs for commercial adoption like high-transaction speed, distributed governance and confidentiality. Providing these foundational capabilities opens up more complex, real-world blockchain scenarios across industries — like financial services, supply chain and logistics, healthcare and retail — further proving blockchain’s potential to digitally transform business.
Two months ago I was talking on Twitter and I had said
if I could invest in just “Blockchain” technology I would (which is different then crypto currency)
blockchain has much wider use then for just bitcoin
I was thinking of it like the automobile when it first came out
think of Bitcointhere were many, far to many auto manufactures that followed the first production car ..the same thing is happening with Crypto currencies ….while many auto manufactures have come and gone since, the assembly line is still here.
I believe the blockchain technology is more like the assembly line
^^^ +3s … Thank you … yes, I have cyber-security experience & feel the “Coco” Framework protocol will create a multi-layered encryption defense system that better protects e-commerce … esp in business CLOUD networks (which sometimes are a little on the sluggish side) … we do need LOTS of improvements in field of security especially 🙂
[size=5]^^^ +1 … basically they are creating new acronyms & rules … all designed to turbocharge applications in the Azure Cloud (to go from 2-lane to 4-lane highway) … they are created some new “standards” designed to improve the packaging, handshaking, throughput and encryption of apps hosted by a cloud. All of which are needed.
Mark Russinovich, CTO of Microsoft Azure is a “Steve Jobs” type innovator and they are the leading company in my opinion in that one particular area.[/size]
At the close
Dow -0.90% to 21,849.97. S&P -1.44% to 2,438.38. Nasdaq -2.13% to 6,216.16.
Treasurys: 30-year +0.59%. 10-yr +0.29%. 5-yr +0.14%.
Commodities: Crude -2.32% to $48.41. Gold +0.92% to $1,291.12.
Currencies: Euro +0.12% vs. dollar. Yen -0.81%. Pound +0.21%.
RALLY TIME 🙂 … Markets in recovery mode after brief few days of selling … Inflation seems tame, which makes Janet & company most accommodating these days 🙂https://finance.yahoo.com/news/wall-street-opens-higher-weak-133455394.html
On the hour |12:00 PM
Dow +0.13%.
10-yr +0.09%.
Euro +0.34% vs. dollar.
Crude -0.6% to $48.30.
Gold +0.24% to $1,293.23.
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