
Tesla Lays Out New Plan to Sell $5 Billion Worth of Its Stocks to Further Its Course
Tesla plans to sell its stocks worth $5 billion through banks. Wedbush analyst Dan Ives called this idea a “smart move”.
Tesla plans to sell its stocks worth $5 billion through banks. Wedbush analyst Dan Ives called this idea a “smart move”.
Apple expects a massive demand for its upcoming flagship 5G iPhone 12 and is all geared up for the launch next month in October 2020. Apple has successfully dodged the coronavirus economic slowdown and despite the contracting economy, it expects to do it in the coming quarters as well.
With the increase in Ethereum blockchain activity and amid the growth of ETH price, Ethereum miners were reported to have earned $500,000 in transaction fees in one hour – the biggest amount recorded ever.
The new feature by Huobi comes at a time when Bitcoin is experiencing a heightened system activity that is anticipated to trigger a bigger bull run than the previous one.
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with BTC. Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy Bitcoin at $50,000.
Amazon (AMZN) stock price is rising after the company has announced that its drone delivery fleet was approved by the FAA for trial commercial flights.
Binance Card could soon enter the United States, thanks to a partnership of Swipe that will provide users in the U.S. with direct USD deposits.
Just as everything investment in Bitcoin IRAs has its advantages and disadvantages. On the one hand, BTC is known to be volatile but, on the other hand, it is supposed to grow in the future.
On Tuesday, September 1st, BTC price finally showed some growth after several days of a rather feeble trading. Bitcoin is generally trading at $11825 USD.
Bitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads.
With ByteDance based in China, it will have to comply with the Chinese regulators before going ahead with the TikTok sale.
With a massive success for the company despite the COVID-19 economic crisis, the Tesla CEO has added a whopping $87 billion to his personal wealth in 2020. Elon Musk’s net worth currently stands at around $115 billion.
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.
Zoom posted Q2 revenue of $663.5 million outperforming the benchmark of $500.5 million. ZM stock is up today in the pre-market.
While the euphoria related to Tesla and Apple stock split has caught up with investors seeing this as an opportunity to get their hands on the tech stocks, analysts believe this tendency may be somewhat misguided.