Author
1163 posts
Teuta Franjkovic
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Latest Articles
Glove Maker Has 1000% Stock Rise, Beating Even Tesla with Its Exciting Rally
By Teuta Franjkovic
• 3 mins read
Shares in homegrown rubber glove manufacturer Top Glove Corp spiked more than 400% year-to-date while the company created more job opportunities during the pandemic.
PRNB Stock Up 1% as Sanofi Mulls Buying Principia Biopharma for $50B
By Teuta Franjkovic
• 3 mins read
Sanofi is looking at potential acquisitions of U.S. biotechnology companies including Principia Biopharma, as it looks for innovative treatments for clinical areas including multiple sclerosis and immune disorders. PRNB stock price is up.
BLK Stock Rises 0.27% in Pre-market as BlackRock Reveals Q2 Results that Beat Expectations
By Teuta Franjkovic
• 3 mins read
BlackRock declared revenue of $3.65 billion in Q2, 3.7% higher than in the same period last year. After the positive results, BLK stock is slightly up in the pre-market.
SPOT Stock Rises 5% as Spotify Launches throughout South-East Europe
By Teuta Franjkovic
• 3 mins read
Following last week’s reports, Swedish music-streaming leader Spotify has officially launched in Russia, along with a dozen other markets in Eastern Europe. SPOT stock is up.
PBoC Starts Testing Digital Yuan on Food Delivery Patform
By Teuta Franjkovic
• 3 mins read
PBoC confirmed it will be testing a mobile application for storing and exchanging the digital yuan, after screenshots circulated on social media. Internal tests will be done in Shenzhen, Suzhou, Xiong’An, and Chengdu
Fidelity Takes Over 10% in Bitcoin Mining Company Hut 8
By Teuta Franjkovic
• 3 mins read
Fidelity holds about 10.6% stake in Canadian Bitcoin mining firm Hut 8, according to a regulatory filing Fidelity’s investment in Hut 8 is significant since the asset management giant is known to be mining BTC since 2014.
TSLA Stock Up 3% in Pre-market as Tesla Lowers Price for Its Model Y by $3000
By Teuta Franjkovic
• 3 mins read
Tesla has reduced the price of its Model Y SUV by $3,000 after cutting prices of the Model 3, Model S and Model X up to $5,000 in May. Meanwhile, TSLA stock is 3% up in the pre-market.
Exclusive: Who Will Win the Central Bank Cryptocurrency Race?
By Teuta Franjkovic
• 5 mins read
The rise in demand for digital payments during the COVID-19 pandemic further highlighted the importance of CBDCs and intensified the global race between central banks. The question is – which one will win?
Crypto Lender BlockFi Could Go for IPO in Second Half of 2021
By Teuta Franjkovic
• 4 mins read
BlockFi is on the hunt for a chief financial officer. The new hire could help bring the company public as early as the second half of 2021, CEO Zac Prince confirmed.
Bed Bath & Beyond (BBBY) Stock Down 10% in Pre-market, Company Plans to Close 200 Stores
By Teuta Franjkovic
• 4 mins read
Bed Bath & Beyond said it plans to close about 200 Bed Bath & Beyond stores over the next two years to help save about $250 million to $350 million a year. BBBY stock price is down in the pre-market.