Tesla (TSLA) Stock Slumps Over 6% in S&P 500 Debut
Tech giant Tesla Inc made its S&P 500 debut. This comes at a time when a new, more infectious strain of the coronavirus is shaking markets globally.
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Tech giant Tesla Inc made its S&P 500 debut. This comes at a time when a new, more infectious strain of the coronavirus is shaking markets globally.
The Dow Jones has gained 5.8% this year while the S&P 500 has rallied 14.8% and the Nasdaq Composite comes off with the biggest pump with a 42.2% surge.
BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.
Its daily peak users surged significantly with a report showing an unprecedented growth from 10 million users in December 2019 to 100 million users in April 2020.
The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust.
While the exact specifics of how Warp recovered the funds are unknown, reports suggest the decentralized lending protocol was able to recoup the stolen funds.
After months of negotiations, Congress finally approves a $900 billion stimulus package to fight the ongoing COVID-19 crisis. The daily cases in the US peaked above $400,000 last Friday.
SoftBank SPAC IPO will be overseen by SoftBank Investment Advisers which also runs the Vision Fund. Besides, Goldman Sachs Group and Citigroup will underwrite the deal.
Ant Group had anticipated raising up to $35 billion in a dual listing in Hong Kong and Shanghai stock exchanges.
As part of the deal, $56 per share will be paid to Aerojet Rocketdyne. Also, after the pre-closing special dividends have been paid by the company, Lockheed will only pay $51 per share as the purchase price.
As Tesla prepares to make an entry to the S&P 500 index later today, here’s how it will impact the index movements.
The ongoing Brexit trade negotiations hit another deadlock further contributing to the decline seen in the British Pound Sterling.
Ledger has indicated that the leaked database will not compromise the customers’ funds or even their personal hardware wallet.
Endorsing the DOGE cryptocurrency, Elon Musk also changed his Twitter bio to “Former CEO of Dogecoin”. Although his Bitcoin bashing hasn’t had much effect on the BTC price.
However, at the current moment, there is no indication whether Elon Musk will take the MicroStrategy BTC investment advice.