
Morgan Stanley Demotes Roku as Investors Abandon Momentum Stocks
Even though Roku has performed impressively this year, Morgan Stanley has decided to downgrade the company’s stock rating.
Even though Roku has performed impressively this year, Morgan Stanley has decided to downgrade the company’s stock rating.
The fintech market is still far from being named mature. In this article, we have gathered some of the trends that are likely to take place in 2020.
The major indexes in the U.S. stock market have recorded sharp drops. There seems to be no major pointer to improvement as trade wars between U.S and others also continue to worsen.
Regardless of the prediction for another Santa Claus rally, Bitcoin holders still might be content with a minor increase in 2019.
Deutsche Bank has revealed that the U.S. stock market’s current rally is artificially motivated by listed companies themselves.
Singaporean government-backed blockchain accelerator Tribe has raised about $16 million for startups. In total it has already raised $28 million to support startups.
Binance is continuing its expansion in the crypto industry. It has acquired a China-based decentralized blockchain startup DappReview for an undisclosed sum.
According to Adobe Analytics, Cyber Monday sales are on course to break records and hit $9.4 billion.
SoftBank has introduced a new debit card that comprises a built-in hot and cold crypto wallet known as SBC Wallet Card enabling users to check balances instantly and easily switch from fiat to crypto.
Decentralized сryptocurrency trading platform Waves has stopped its activity as a DEX and is starting to operate as a hybrid exchange.
Apple analyst Ming-Chi Kuo said that the company is likely to roll out 4-6 products with mini LED display technology next year. Apple is actively expanding the range of its offers which makes its stock price grow.
Ethereum Foundation member Virgil Griffith, who was arrested in Los Angeles for allegedly violating the U.S. sanctions laws, will be released from jail pending trial.
Former CFTC Chairman Christopher Giancarlo, known as “Crypto Dad”, is set to join Willkie Farr & Gallagher as its senior counsel and to lobby for blockchain-based digital dollar concept.
Juventus is the first football club in the world to be tokenized. The world’s first Fan Token Offering has been launched by Chiliz.
Last weekend Disney’s Frozen 2 made $124 million in the United States and $249 million worldwide with combined global sales of $738 million.