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TikTok U.S. Business on Last Countdown to Its Future Fate
By Steve Muchoki
• 3 mins read
With ByteDance based in China, it will have to comply with the Chinese regulators before going ahead with the TikTok sale.
Stock Market Closes August on High Note Officially Indicating New Bull Run
By Steve Muchoki
• 3 mins read
With the Dow measuring the stock performance of 30 large companies listed on stock exchanges in the United States, its rise is an indication that the big market cap companies are headed for a bull run.
Virgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver Chen
By Steve Muchoki
• 3 mins read
The bullish call on SPCE stock comes despite the Virgin Galactic’s operations having been severely affected by the ongoing coronavirus pandemic
Craig Wright Reopens Defamation Case Against Roger Ver in Antigua and Barbuda High Court
By Steve Muchoki
• 3 mins read
Craig Wright and Roger Ver have a long history of the rivalry that has been developing in many courts in different jurisdictions. The new chapter is beginning.
Ethereum Price Opens Week Trading Above $430 Despite Challenges in Implementing ETH 2.0
By Steve Muchoki
• 3 mins read
Ethereum price is up 6% in the past 24 hours to trade around $430 at the time of reporting. This comes after a notable increase in ETH whales despite the cited challenges in implementing Eth 2.0.
Warren Buffett’s Berkshire Hathaway Purchases 5% Stake in Five Leading Japanese Trading Companies
By Steve Muchoki
• 3 mins read
Berkshire Hathaway chairman and CEO Warren Buffett announced that his company has purchased a 5% stake in five Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui & Co, and Sumitomo.
Tyler Winklevoss: Bitcoin Could Reach $500k If Current Market Conditions Prevail
By Steve Muchoki
• 3 mins read
Tyler Winklevoss believes Bitcoin price is headed to $500,000 in the long term if the digital asset continues on the current path.
Xpeng Raises $1.5 Billion via NYSE IPO, XPEV Stock Rose Over 41% on Debut Day
By Steve Muchoki
• 3 mins read
Xpeng (XPEV) stock price jumped over 41% at the end of the first trading day and is up 7.59% in the pre-market today.
Klarna Reports Its First Half 2020 Results with Sevenfold Net Loss Compared to Previous Year
By Steve Muchoki
• 3 mins read
Klarna Bank released its interim report for the first half of 2020. The report indicated that the company experienced growth in some sectors despite a net loss of $59.8 million.
AMZN Stock Down 0.16%, Company Opens First Amazon Fresh Grocery Store in LA
By Steve Muchoki
• 3 mins read
Amazon (AMZN) stock jumped 2.85% on Wednesday but today the stock is down. The company announced that it had opened its first Amazon Fresh grocery store in Los Angeles, with many more anticipated to be opened in different places to compete with Walmart.