Latest Articles
1 Bitcoin Equals 1 Tesla as BTC Price Breaks $34,000
By Darya Rudz
• 3 mins read
On January 2, Bitcoin was trading at about $30,300. On Sunday morning, it surpassed $34,000 for the first time ever, which put the gain this year at almost $5,000.
Apple (AAPL) Stock Rallies to Hit New Record amid Strong Demand for iPhone 12 and Bullish 2021 Expectations
By Darya Rudz
• 3 mins read
As Wall Street predicts, the upcoming 2021 will be fruitful for Apple. Analysts expect the company’s revenue to increase to 15% in fiscal 2021 from 6% in 2020. Further, and profit growth is projected to double to 20%.
AI Chipmaker Graphcore Raises $222M in Series E Funding Round, May Go for IPO
By Darya Rudz
• 3 mins read
With the money from Series E Round, the total funds raised by Graphcore total over $710 million. The company is expecting to have over $440 million of cash on hand post-closing to support future growth.
Bets on Tech Stocks and Cryptocurrencies Brought Small Fortune to US Top Funds in 2020
By Darya Rudz
• 3 mins read
Meanwhile, funds that trusted oil and gas, suffered losses. In particular, the Direxion Daily S&P Oil&Gas E&P 2X ETF lost 97.3% this year. The Direxion Daily Junior Gold Miners Bear 2X ETF plunged 95.5% in 2020.
Ming-Chi Kuo Says Apple Car Will Launch 2025-2027 at Earliest
By Darya Rudz
• 3 mins read
As the analyst has explained, Apple has not yet finalized the specifications for the vehicle. Besides, Apple has not decided on the suppliers.
Pavel Durov Reveals Telegram Plans for 2021: Monetization and Upgrade of Functions
By Darya Rudz
• 3 mins read
Monetization will be driven by additional functions for business teams and users with expanded needs. Some of the functions will be data-greedy, that’s why they will require additional fees.
FB Stock Plunges 2% as Google and Facebook Battle Government’s Antitrust Lawsuits
By Darya Rudz
• 3 mins read
Currently, Facebook is also facing a legal suit from the Federal Trade Commission and a coalition of 48 US states. They are accusing Facebook of engaging in anticompetitive behavior and abusing its market position to liquidate potential rivals.
SoftBank Preparing to Raise at Least $500 Million in SPAC IPO
By Darya Rudz
• 3 mins read
SoftBank SPAC IPO will be overseen by SoftBank Investment Advisers which also runs the Vision Fund. Besides, Goldman Sachs Group and Citigroup will underwrite the deal.
What to Expect from FAANG Stocks in Upcoming 2021?
By Darya Rudz
• 3 mins read
There are lots of factors that can drive FAANG and other tech shares in 2021. The most interesting of them include developments in gaming, cybersecurity, 5G, edge computing, and data analytics.
Nasdaq 100 to Undergo Rebalancing: Best Stocks to Watch
By Darya Rudz
• 3 mins read
Nasdaq 100 will include stocks of Marvell Technology, Okta, and Atlassian. Besides, it will add American Electric Power, Match Group, and Peloton Interactive stocks.