
US Stock Market Indices Continue Uptrend, Close at Record Highs
On Monday, June 26, the US stock market indices continued their uptrend for the second day.
On Monday, June 26, the US stock market indices continued their uptrend for the second day.
Going by Didi’s updates prospectus, Morgan Stanley Investment Management Inc has shown interest in acquiring a share of up to $750 million in the IPO.
Clover Health became a public-listed company via a January SPAC deal that was worth $3.7 B, and the company’s stocks have been volatile since then.
In the recent past, ContextLogic (WISH) stock has been referred to by market watchers and analysts as the next short-squeeze target.
The report of the proposed deal Comcast is considering has been flagged down as pure speculation by the firm’s spokesperson.
GameStop, which was previously on the brink of bankruptcy, was catapulted to record-breaking all-time highs on the stock market earlier this year.
This year, Microsoft stock has gained 19%, outshining Apple and Amazon which have had gains of 0.97% and 7.63% respectively.
Fed Chairman Jerome Powell tries to abate inflation fears saying that the consumer price surge is a temporary event. Wall Street reacted positively to Powell’s statement closing in the green.
Bitfarms stated that it powers an estimated 1% of the global Bitcoin network, with over 99% “green” hydropower.
Monday’s price surge has helped Microsoft register 18% gains year-to-date with analysts setting up a $300 price target for the MSFT stock.
MicroStrategy’s BTC acquisition spree is in line with its new corporate policy devised in late 2020. MSTR stock is down.
Coinbase listing was expected to bring more validation to the crypto market but recent events in China show the opposite effect.
There are three key areas that inform the likelihood of a continued upsurge in Amazon (AMZN) shares.
The tech giant Microsoft announced yesterday that its CEO Satya Nadella had been named chairman of the board.
With the failure of Twitter to comply with the new rules, the Tech Ministry warned the firm earlier this month of “Unintended Consequences.”