EA Dismisses Gaming Addiction, Deems Loot Boxes Ethical

By CCN Markets: Addiction is a variation of passion—one which impairs general life functions. Addicts are commonly willing to sacrifice basic needs or core obligations to sate their hunger for the next fix. As a recovering gaming addict, I find it troubling that, despite gaming addiction having been both a factor in my own development …

Facebook Stock Plunges After WSJ Drops Bombshell Privacy Report

By CCN Markets: Facebook stock plunged during mid-day trading on Wednesday after the Wall Street Journal published a bombshell report connecting CEO Mark Zuckerberg with questionable privacy practices at the social media behemoth. Facebook Stock Drops Nearly 3% in Minutes After WSJ Publishes Report FB shares dropped as low as $172.88 in the immediate aftermath …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Bitcoin a Good Be if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate …

Dow Futures Collapses as Wall Street Screams Recession Alarms

By CCN: Dow Jones futures tumbled in early trading Monday as Wall Street firms triggered multiple recession warnings. The Dow is poised to open in the red as traders initiating a triple-digit selloff overnight. Risk-off mode is firmly engaged. JP Morgan Chase and Co. said the likelihood of recession in 2019 is now at 40 …

Dow Futures Wobbles Under Economic Data Scrutiny on Memorial Day

By CCN: The Dow and U.S. stock market could see significant action this week as a fresh wave of economic data make their way through the financial markets. Critically, these data releases will help investors determine the latest impact of the U.S.-China trade war on the domestic economy. Dow Futures Wobble U.S. stock futures drifted between …

Dow Leaps 200 Points But Catastrophic Housing Data Menaces Market

By CCN: The Dow and broader U.S. stock market returned to strength on Tuesday after the Commerce Department temporarily rolled back trade restrictions against Huawei, the Chinese telecommunications giant. But beneath the surface, the U.S. economy is showing signs of persistent weakness that could come back to haunt the bull market. Dow Regains Footing; S&P …