1. Sky Shares Rally 8.6% On Comcast Deal
U.S. cable giant Comcast scored a big win in the race for media assets by beating Disney in the battle for Sky with an eye-watering $40 billion bid. It was a “great day” for Comcast according to Chairman and Chief Executive Brian L. Roberts. It was undeniably an even greater win for Sky shareholders as the stock rallied more than 8 percent across the charts. Sky shares started Monday trading 8.6% higher at £1721.51 as of 7:00 GMT.*
2. Twitter Shares Plummet On Message Bug
Twitter announced on Friday that it had fixed a bug affecting one of its APIs that may have sent users’ private direct messages and protected tweets to third-party developers who were not meant to receive them. Twitter now has more than 336 million monthly active users; meaning more than 3 million people were potentially impacted. The company’s shares plummeted on the news, closing 4.5 percent lower on Friday, at $28.50. Meanwhile all technical indicators point to a strong sell trend, hinting that the bears may continue to push TWTR lower after the U.S. bell on Monday.**
3. IOTA Freefalls After Long Bullish Run
IOTA tumbled 12% in early Monday trading, to last trade at 0.54130 down 7 cents as of 7:20 GMT, after a long bullish run last week. The dip seems to reflect user disappointment on the release of a smart contract on IOTA’s core protocol today. With technicals pointing to a strong sell trend for the day, IOTA pairs seem to be in for a long bear dive.***
You can find and trade all of the above mentioned equities and commodities on BDSwiss Forex/CFD platforms.
*Source: Investing Sept 24, 2018 2:48 AM ET
**Source: CNBC Sep 23, 2018 at 3:00PM
***Source: tokentops Sept 23, 2018 5:05 AM ET
Upcoming Earnings Reports This Week:
25/9/2018 – Nike Inc. (#NKE) to report post-market
27/9/2018 – 888 Holdings plc. (#EIHDF) to report pre-market
