
Dow Jones Adds 99 Points as Stock Market Sees Mild Recovery
Despite the gains recorded as recanted, the S&P 500 is still down more than 7.5% in the year-to-date period, as it is set to close this month as its absolute worst since March 2020.
Despite the gains recorded as recanted, the S&P 500 is still down more than 7.5% in the year-to-date period, as it is set to close this month as its absolute worst since March 2020.
The top picks for Cathie Wood’s Ark Innovation ETF include Tesla Inc which accounts for approximately 10.40%, closely followed by Coinbase Global Inc which represents 6.09% of the total assets under management.
With Bitcoin gaining 2.62% in the last 24 hours, shares of Coinbase and MicroStrategy may also begin to garner some points.
While more regulatory approval still has to be sought for the NFT Investments and Pluto Digital deal, the former company’s shares which are trading on the AQSE Growth Market will be suspended temporarily until the discussions are finalized.
Investors are decidedly shunning risky assets and putting funds into growth stocks ahead of the proposed market stabilization era.
Apple is currently working on four new iPhones, including iPhone 14, iPhone 14 Max, iPhone 14 Pro, and iPhone 14 Pro Max.
Top-rated crypto staking platform, Stader Labs has finalized its recently held strategic private sale. It realized a whopping $12.5 million from the just concluded funding round.
Blockchain-centric startup The Graph secures fresh capital from a funding round led by Tiger Global, to further leverage decentralized web.
Government bond yields remained high with the two-year treasury adding 1.04% and the 10-year note hitting a high of 1.87%.
Netflix blamed increased competition from other streaming companies for the slowdown.
The figures Netflix posted seemed to affect US stocks as index futures performance was unbalanced between the DIJA, Nasdaq Composite, and the S&P 500.
Peloton stock has dropped 84.68%, 32.27%, and 74.46% in the past year, YTD, and three months respectively.
Google is keeping the AR headset project a secret within the company as it requires special keycards to access the building with the early prototypes being developed.
Through the Amazon app, users will have personalized information and save them time to select from a huge stack.
The move by the a16z venture capital outfit to raise funds to invest in Web3.0 and metaverse focused innovations has a very subtle link with Facebook Inc’s rebrand to Meta Platforms Inc.