Although meme stocks put on quite a show on Thursday, some of them have now crashed, failing to hold on to the heave price swings.
Considering Plaid’s features are unrivaled, Tesla has increased its price by $10,000 to around $130,000, higher than the preceding Model S, which went for $79,990.
The US market indices also saw a good boost as the Department of Labor released the jobless claims for the week ended June 5.
ForUsAll administers 401(k) plans for 400 clients and it is not clear how many of these have signed up for the current crypto offerings with Coinbase.
A fresh group of meme stocks ($GEO and CLNE) has superseded $CLOV, $WISH, $SPCE, $AMC, and $GME in their recent rally, gaining over 30%.
In addition, GameStop released its Q1 earnings report, showing a 25% improvement in sales with losses less than what was reported a year ago.
The president of Victory Shares and Solutions Mannik Dhillon stated that cryptocurrencies are a viable asset class and can form part of a diversified asset portfolio.
Solana will use these funds to expand its blockchain ecosystem. It plans to have its own venture capital arm besides having its dedicated trading desk.
The report did not give a formal price target for Coinbase stock but suggested a fair value of $95 per share, down over 50% of its current price.
Northvolt plans to acquire more renewable energy sources and recycled raw materials to accelerate the production of “the world’s greenest batteries”.
The news about investing in Nubank comes as a surprise due to Warren Buffett’s known reservations against and aversion to Bitcoin and crypto in general.
Paris Hilton hopes to empower other artists to have more control over their art and its distribution via NFTs.
Dan Ives is particularly bullish on the company’s software business which is currently valued at $1 trillion.
The market remained flat on Tuesday while Airline stock picked up momentum as the CDC eased up travel restrictions to nearly 61 countries.
The steep growth of BlockFi’s valuation comes with the broader acceleration in startup prices.