Wedbush Securities analyst Dan Ives believes that by 2023, Apple market cap will reach $3 trillion.
The sum of the damages Marriott potentially faces is not yet clear. The court will decide on the per capita sum. Besides, it will take into consideration the existence of Europe’s General Data Protection Regulation (GDPR).
Having become the fourth-richest person in the world, Musk is remaining behind Facebook’s Mark Zuckerberg ($99 billion), Microsoft’s Bill Gates ($121 billion), and Amazon’s Jeff Bezos ($188 billion).
British Diageo, the world’s number one producer of spirits and beers, has decided to acquire not only Aviation Gin but also Davos Brands. In other words, its portfolio will also add Astral Tequila, Sombra Mezcal, and TYKU Sake.
Epic Games moved to the United States District Court for the Northern District of California to file for a temporary restraining order against Apple that threatened to delist its products from the App store.
Tencent just added another portfolio member to its expanding global gaming empire. Voodoo, the French company behind a slew of popular casual games, announced on Monday that Tencent has become a minority shareholder in its business valued at $1.4 billion.
China is set to expand its digital yuan testing to Beijing, Tianjin, and other acclaimed prosperous provinces in the country. No timeline has been set for this move.
An investment in TikTok could not only allow Reliance to make deeper connections with consumers but also help ByteDance allay concerns of the Indian government.
Following the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0.42% down, at $30.52 per share. In the pre-market trade today, it slightly declined.
Tencent has reported its Q2 earnings, but this fastest revenue-growing quarter in over a year will not outshine prohibiting order for WeChat.
Gilead has confirmed its capacities to produce Remdesivir in such volumes that will meet global demand. GILD stock is up.
Amazon presently has a market cap of $1.61 trillion. In the last 12 months, the company’s stock has over 74%.
According to Pompliano, Bitcoin already represents a digital version of gold. Comparing gold and Bitcoin markets, Pompliano noted that the later will eventually become a bigger one.
In Q2 2020, over 28 mega deals took place with each valued at over $100 million a majority of them happening only in June. The massive growth of the e-commerce industry has also helped FinTech startups in the way.
Bloomberg suggests that Bitcoin price is sixfold that of gold per ounce. It further cited that Bitcoin is undervalued under prevailing conditions.