JPMorgan sees huge growth potential in china’s total addressable market for the Metaverse. The baking giant notes companies which will have a competitive edge operating with different applications of Metaverse such as gaming and social networks.
It is still unclear how the news will affect the biggest coins on the crypto scene due to the current uncertainty in the finance world.
The stock market on the other side of the world has also shown signs of good health despite the aggressive inflationary fight against inflation by the United States Federal Reserve.
According to analysts, the new pricing model became inevitable considering the growing inflationary costs that have affected the cost of producing the iPhones.
The ECB has once again hiked interest rates as energy prices and inflation threaten to soar even further and a recession looms.
In his speech, Barr also highlighted the need to prioritize establishing stablecoins oversight in the US. Notably, he referred to these assets as “unregulated private money.”
The deal has led to a slight increase in GameStop stock price. Yesterday, GameStop shares ended the session 4.38% down, at $24.04. But following the announcement, the stock price rose about 10% in after hours trading.
Apple CEO Tim Cook said that the iPhone 14 Pro is the high-end model for the year.
The energy situation is very delicate as demand is also slowing in China according to key economic data. The country saw its crude oil imports slump by 9.4% in August when compared to the year-ago period.
The Pound Sterling has been losing strength against the US Dollar amid fears of recession, its lowest levels in nearly four decades.
EV maker Nio ascribes its underwhelming Q2 2022 performance to the pandemic, but looks to the rest of the year with optimism.
Liz Truss of the UK has set about choosing her new cabinet and has tapped “ideological ally” Kwasi Kwarteng as Finance Minister.
Under the transaction details, Tencent acquired 5% voting rights in Guillemot Brothers Limited in addition to its 49.9% economic stake.
The thematic ETF by Franklin Templeton will track the Solactive Global Metaverse Innovation Net Total Return Index.
The shares of Bed Bath & Beyond have been considered a meme stock in the past year, and the company said it was selling some of its stock last month to finance some of its core operations.