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New Meme Stocks Rally to Over 30% amidst Ongoing SEC Meme Stocks Probe
By Steve Muchoki
• 3 mins read
A fresh group of meme stocks ($GEO and CLNE) has superseded $CLOV, $WISH, $SPCE, $AMC, and $GME in their recent rally, gaining over 30%.
GME Stock Down Over 6%, GameStop Names Former Amazon Execs as Its CEO & CFO
By Steve Muchoki
• 3 mins read
In addition, GameStop released its Q1 earnings report, showing a 25% improvement in sales with losses less than what was reported a year ago.
Coinbase (COIN) Stock Up 0.3% Now Despite ‘Underperform’ Report from Raymond James Company
By Steve Muchoki
• 3 mins read
The report did not give a formal price target for Coinbase stock but suggested a fair value of $95 per share, down over 50% of its current price.
Northvolt Raises $2.75B from VW and Others to Further Sustainable EV Battery Production
By Steve Muchoki
• 3 mins read
Northvolt plans to acquire more renewable energy sources and recycled raw materials to accelerate the production of “the world’s greenest batteries”.
Bitcoin (BTC) Price Bounces Back Above $35K from Yesterday’s Low of $31,295
By Steve Muchoki
• 3 mins read
Bitcoin sent shockwaves in the crypto space on Tuesday after a 15% drop to $31,035 from an intraday high of $36,777. Today it seems to be recovering.
Gitcoin (GTC), Enzyme Token (MLN) and Amp (AMP) to Launch on Coinbase Pro
By Steve Muchoki
• 3 mins read
Trading of GTC-USD, MLN-USD, and AMP-USD will begin once Coinbase Pro will acquire a sufficient supply of GTC, MLN and AMP.
AAPL Stock Up 0.2% Now, Wedbush Analyst Expects Apple to Reach $3 Trillion by 2022
By Steve Muchoki
• 3 mins read
Dan Ives is particularly bullish on the company’s software business which is currently valued at $1 trillion.
BananaSwap Set to Launch on Solana Protocol
By Steve Muchoki
• 3 mins read
BananaSwap intends to venture into the digital artwork industry by enabling non-fungible token (NFT) transactions.
Biogen (BIIB) Shares Shoot Up 40% after FDA Approval of Its Alzheimer’s Drug
By Steve Muchoki
• 3 mins read
Regardless of the heated debates on the drug’s efficacy, Biogen (BIIB) stock has taken an uptrend, with the latest gain being the 4th in a row of gains in the past week.
FB Stock Up 2%, Facebook Announces Zero Revenue Cuts from Creators Until 2023
By Steve Muchoki
• 3 mins read
Facebook (FB) stock hit a new 52-week record high of $337.69, surpassing its previous high of $333.78.