It has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks.
Calling Amazon the “structural winner” and the “best global play” coming from the COVID-19 pandemic, RBC’s Mark Mahaney raised his price target for AMZN stock from $2,700 to $3,300.
According to the recent data from Skew, Bitcoin options trading is becoming more popular in the market than futures or swaps.
Hertz Global Holdings experienced more than 700% in its HTZ stock value in 4 days with a 24-hour rise of 112%. This growth comes days after the North American car rental service filed for bankruptcy.
The latest industry report shows that Ethereum investors are accumulating more ETH tokens to meet the minimum threshold of 32 ETH for participating in the node staking process of Ethereum 2.0.
Nasdaq Composite became the first of the big three indexes to bounce back to a record high. On Monday, it rose to 9,924.75, closing at the highest since February 19 when it ended at 9,817.18.
Retailer Michaels (MIK) experienced an almost 60% rise in its stock value following an upgrade by JPMorgan. This new positive outlook is impressive as the firm looks to bounce back from months of losses.
In May 2020, Tesla’s sales in China jumped back to over 11,000 Model 3 cars which made TSLA stock price skyrocket. Analysts are hopeful and optimistic that Tesla will show a strong performance in the Chinese market over the next 12 months.
Amazon could launch a new product. It’s an AI-driven virtual shopping service built upon a different algorithm giving customers new opportunities in purchasing things. Meanwhile, AMZN stock is in the green.
Blockfyre co-founder Simon Dedic predicts that Bitcoin (BTC) prices will hit $150,000. However, he doesn’t think that this rise will be like the one we observed in 2017.
General Electric (GE) stock is now slowly on the rise as its healthcare arm has started to recover following some stabilization of the COVID-19 situation in the world.
Year-to-date Microsoft (MSFT) stock gained around 16.5%. MSFT is trading now at around $184.88 (-1.24%). The market cap is $1.40 trillion.
After closing on Friday with a profit of 11.72%, Ford stock is up 4% now. The rally is attributed to the launch of four key vehicle models: 202 F-150, Mustang Mach-E, Bronco Sport SUVs and Bronco.
Sources revealed the design of Apple’s four iPhone 12 models and completely new iPhone 13 that is expected to be available in 2021.
Dada Nexus (DADA) went public after being listed on Nasdaq with a share opening price of $16. During the IPO celebration, CEO Philip Kuai said that the company welcomes better auditing and regulation of the stock market.