Nio, Li Auto and Xpeng have all announced an increase in their delivery rate for 2020.
Ryanair hopes that the vaccine rollout will eventually facilitate return to normalcy.
The activities of the Reddit chatroom r/wallstreetbets may be far from over as more stocks that are being shorted by Wall Street firms may be pumped again.
Before silver’s buying stampede, the Reddit frenzy also fueled the rise in GameStop, Dogecoin, and others.
Wall Street analysts continue to monitor the situation in the oil and gas industry. Shell stock received an average of Over rating from 33 ratings.
Despite the losses sustained by Melvin Capital amidst the GameStop bet going bad, the company still has very high liquidity.
Later today, ASOS is likely to announce the deal with Arcadia Group disclosing further details. It will be likely running the Topshop store in partnership with JD Sports.
Despite the fall in BTC price, MicroStrategy CEO remains confident in the company’s constant acquisition of the digital currency.
The GameStop episode has pushed hedge funds to book billions of dollars in losses. Reports suggest that following it, hedge funds have been moving money out of the market at the fastest rate since 2014.
Visa sees two classes of digital assets. New assets, like Bitcoin (BTC), are “digital gold.” Fiat-backed currencies, as well as stablecoins and central bank digital currencies, represent another class.
In addition, the DOJ is also investigating whether SpaceX is delaying a subpoena for information.
Robinhood has recently been criticized for its action to halt the trading of some selected stocks and cryptocurrencies that are doing exemplary well in the market.
Several lawmakers have expressed dissent by Robinhood’s trading ban decision on Thursday stating that more stern regulatory measures are required in such a situation.
This would not be the first time Roblox is suspending its listing plan.
The recent dip in Facebook stock comes despite the company having reported better than anticipated earnings.