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| | The Stock Market Is Even Worse Than You Think It IsThe price-to-earnings multiple of the S&P 500 Index, based on the next 12 months of earnings, has fallen 17 percent in 2018. That’s the third-biggest drop in valuations since 1991, which is as far back as Bloomberg data goes on that metric. | | |
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| | | Report: Amazon Makes A Play For Disney's Regional Sports NetworksAmazon has already paid $50 million for the rights to broadcast live football on Thursday nights and is looking to build out its live sports portfolio, Axios said. This could be seen as a strategy to differentiate itself from Netflix, Inc. NFLX which has shown minimal to zero interest in live sports. | | |
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| | Bitcoin turns 10 this year, but there’s not much to celebrate. Its price has tumbled to near $4,000, down 30 percent in a month, 50 percent in six months and almost 80 percent since December. | | |
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| | | Trader Jon Najarian: This market correction is unnatural selling likely driven by 'algosThe algos do what they were programmed to do. While artificial intelligence is certainly what Wall Street is rapidly tying to employ, the algorithms I'm discussing are not AI or true neural networks. They are a series of what-if scenarios responding to other what-if scenarios and executed at near the speed of light by computers, not human beings. | | |
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