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November 17, 2019
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Stocks making the biggest moves premarket: JC Penney, Nvidia, Nike, Lyft, GrubHub & more

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Names on the move ahead of the open. Source link: Click here for more
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With a market at record highs, these are the most loved stocks on Wall Street right now

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Amazon is the most loved stock on Wall Street, with 47 of the 48 analysts that cover the company recommend buying the e-commerce giant. Source link: Click here for more
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Tourists to China can finally use the country’s massively popular mobile payment systems

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WeChat Pay and Alipay are the most popular mobile payments systems in China but were shut to foreigners. Now that has changed. Source link: Click here for more
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Facebook shouldn’t be driving libra cryptocurrency project, Ethereum co-founder says

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Lubin remained optimistic over the outlook for so-called “stablecoins” — cryptocurrencies that are backed by reserve assets. Source link: Click here for more
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Head of the fastest-growing ETF this year lays out her bull case

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Factor investing “has become mainstream,” and BlackRock’s iShares funds are leveraging the rising trend, says the firm’s head of U.S. factor ETFs, Holly Framsted. Source link: Click here for more
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How Jon Najarian got started in options trading and where he sees opportunities

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Options trading can be tough but they can give investors’ strategies an edge. At least, that has been the case for Jon Najarian. Source link: Click here for more
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GOP congressman: Libra hearing is ‘American innovation on trial’ by lawmakers who don’t get it

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“Because they’re a big company doing this type of innovation, you have American policymakers trying to pounce on them,” Rep. Patrick McHenry says of Facebook. Source link: Click here for more
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Facebook says Libra could use a series of cryptocurrencies pegged to different currencies

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Facebook’s David Marcus says Libra could use “a series of stablecoins” pegged to currencies like the dollar, the euro and sterling. Source link: Click here for more
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Here’s who’s left on Facebook’s Libra project after exodus of top payments companies

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The Libra Council now consists of 21 members, down from the 28 corporate backers who initially said they would join the project. Source link: Click here for more
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Mnuchin says libra backers dropped out because the project is ‘not ready’ to meet regulatory standards

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Treasury Secretary Steven Mnuchin said told libra representatives that he would take action if libra didn’t meet regulatory standards. Source link: Click here for more
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Stocks making the biggest moves premarket: Boeing, Facebook, Nike, Lyft, Kohl’s, GM & more

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Names on the move ahead of the open. Source link: Click here for more
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Amid trade war, China moves to remove limits on foreign ownership in the financial industry

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Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities. Source link: Click here for more
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Cramer’s week ahead: It is shaping up to be a good week for earnings

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“I’m expecting many of these quarters could be better than expected,” “Mad Money’s” Jim Cramer says. Source link: Click here for more
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Visa, Mastercard reconsider backing Facebook’s Libra, report says

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Facebook announced its cryptocurrency, called Libra. Chesnot | Getty Images News | Getty Images Visa, Mastercard and other key financial partners may reconsider their involvement in Facebook’s cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The financial backers to Libra did not want...

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