Ant Group, World’s Highest-valued FinTech Company, Gets Chinese Approval for HK IPO
Ant Group is expected to hold its IPO in Hong Kong, however, the details are still unclear.
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Netflix Misses Earnings Estimates for Q3 2020, NFLX Stock Drops 5.71% After Hours
While Netflix managed to add fewer than expected subscribers during Q3 2020, it still clocked a higher-than-expected revenue. The Asia Pacific region contributed to a large subscribers’ addition during the last quarter.
AstraZeneca May Resume COVID-19 Vaccine Trial in U.S. This Week
By Daria Rud
As the draft of a form letter to UK AstraZeneca vaccine trial participants states, FDA “has come to the same conclusion as the other drug regulators including the MHRA” and approved further vaccine testing.
Optimism of Nancy Pelosi for Fiscal Stimulus Keeps Market Upbeat, Dow Gains 100 Points
After fresh talks on Tuesday with Secretary Steven Mnuchin, Pelosi said that she’s “optimistic” about the stimulus aid. The market has been closely watching the development as analysts eagerly await a fresh stimulus to boost economic recovery.
Bitcoin Futures Contracts Show Contrasting Positions between Hedge Funds and Institutional Investors
Bitcoin Futures contract has at this time revealed a differing behavior between hedge funds and institutional investors in a scenario that seems to stir market analysts amusements.
Chinese Pre-Orders for iPhone 12 and iPhone 12 Pro Hit the Roof as Per Latest Data
Apple sees strong demand for its iPhone 12 flagship in one of its biggest global markets China. Pre-orders for iPhone 12 have already crossed 150,000 units in three days of launch. Analysts say China alone with contribute 35-40% of the iPhone 12 sales.
Swiss Wealth Managing Giant UBS Reports Whopping 99% Jump in Net Profits for Q3 2020
UBS said that its well-diversified business model with a regional mix has helped the bank overcome these tough times and deliver stellar results despite the uncertain geopolitical and economic conditions.
Oil Prices Continue to Dip as COVID-19 War Wages On
The OPEC+ has agreed to cut supply by about 7.7 million barrels per day for the rest of this year while maintaining a supply cut of 5.8 million barrels per day starting in 2021.
Mixed Reactions after Week-Long Public Test on Digital Yuan by PBOC
Although the People’s Bank of China (PBOC) has not officially released a report on the test, analysts are positive on the overall score on the digital yuan public test.
Tech IPOs Flourishing in U.S. and China but Not Europe, Why?
By James Lovett
U.S. and China have had a good year for stock market debuts where share listings came from big tech names like Palantir and Ant Group. However, this is not the case for Europe.
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Stock Market News
Stock market news offers you daily updates on the latest information about trading tendencies, market bulls, stakeholders, and analytics on recent cryptocurrency news. The market analysis includes cutting edge evaluation and live trends of market assets, market data, fiat currencies, and digital currencies being brilliant supportive tools for making suitable decisions.
Also known as the share market, stock market is where buyers and sellers of stocks and market commodities meet for exchange. The goal of every investor is to make the best profit and as such, the market serves as a meeting point for business stakeholders and investors to connect.
Traders and investors usually prefer to use popular and trusted exchange platforms since they feature the highest number of buyers and sellers of commodities. The high number of users on exchange platforms also means that one could get a wider range of deals from which one chooses the best.
Financial exchange is one of the most significant ways for organizations to raise funds, alongside debt markets which are commonly compelling yet don’t exchange openly. This permits establishments to be traded on an open market, and raise extra monetary capital for development by selling the firm’s shares in an open market.
The liquidity that the exchange platforms bear to traders allows their holders to rapidly and effectively sell securities. This is an alluring element of putting resources into stocks, contrasted with different less fluid ventures, for example, property and other static properties.
Stay tuned to get cutting edge financial analysis on best performing global market stocks including live stock market data, news, reports, analysis, stock quotes, and financial earnings on Coinspeaker.
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