Latest Articles
Apple Surpasses $2 Trillion Valuation, Is $3 Trillion Round the Corner?
By Darya Rudz
• 3 mins read
Wedbush Securities analyst Dan Ives believes that by 2023, Apple market cap will reach $3 trillion.
Marriott Faces Class-Action Lawsuit over Data Breach
By Darya Rudz
• 2 mins read
The sum of the damages Marriott potentially faces is not yet clear. The court will decide on the per capita sum. Besides, it will take into consideration the existence of Europe’s General Data Protection Regulation (GDPR).
Bitcoin Price Down 3% Today, Trading at $11,800 Now
By Darya Rudz
• 3 mins read
Yesterday, Bitcoin lost 4.4%, but bulls were striving to help it close above $12,000. And Bitcoin did, closing at $12,108. Before this correction, Bitcoin saw a 6-day run in which it gained 11.93%. However, the pullback allowed for a retest of the $11,500 level.
SpaceX Raises $1.9 Billion in Its Biggest Funding Round to Date
By Darya Rudz
• 3 mins read
The funding comes at a time when SpaceX focuses on building out its Starlink satellite constellation to offer broadband internet commercially by the end of 2020.
Elon Musk Becomes World’s Fourth-Richest Person as Tesla Stock Hits New Record High
By Darya Rudz
• 3 mins read
Having become the fourth-richest person in the world, Musk is remaining behind Facebook’s Mark Zuckerberg ($99 billion), Microsoft’s Bill Gates ($121 billion), and Amazon’s Jeff Bezos ($188 billion).
Diageo Acquires Ryan Reynolds’ Aviation Gin for as Much as $610 Million
By Darya Rudz
• 3 mins read
British Diageo, the world’s number one producer of spirits and beers, has decided to acquire not only Aviation Gin but also Davos Brands. In other words, its portfolio will also add Astral Tequila, Sombra Mezcal, and TYKU Sake.
ByteDance is Reportedly in Talks with India’s Reliance Industries Regarding TikTok Investment
By Darya Rudz
• 3 mins read
An investment in TikTok could not only allow Reliance to make deeper connections with consumers but also help ByteDance allay concerns of the Indian government.
Lyft Reports 61% Decline in Q2 Revenues, Lyft Stock Slightly Down in Pre-Market
By Darya Rudz
• 3 mins read
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
Tencent Reports Incredible Q2 Earnings Despite Trump’s Ban on Its WeChat App
By Darya Rudz
• 3 mins read
Tencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat.
Morgan Creek Co-Founder Says Bitcoin Will Hit $400,000 in Long-Term
By Darya Rudz
• 3 mins read
According to Pompliano, Bitcoin already represents a digital version of gold. Comparing gold and Bitcoin markets, Pompliano noted that the later will eventually become a bigger one.