Nasdaq Composite rose by 3.69% to 13,073.82, which made Tuesday the best day for the index since November 2020. The S&P 500 climbed by 1.4% to 3,875.44. As for the Dow Jones, it rose by 30.30 points, or 0.1%, to 31,832.74.
In February, Tesla produced 23,632 cars and delivered 18,300 vehicles, which marks an 18% increase from the month before, when it sold 15,484 vehicles locally after exporting an estimated 7,956 cars from Gigafactory Shanghai.
Grayscale has shared nine job postings for ETF specialists. The leading Bitcoin trust firm has no ETF products nor filed for an ETF with the SEC.
With this deal, Microsoft gets control over ZeniMax’s worldwide operations as well as all of Bethesda’s popular franchises like Fallout, The Elder Scrolls, and Doom.
Investors see Bitcoin as a potential inflation hedge as trillions of dollars were pushed into financial institutions by central banks across the globe in an attempt to restore a coronavirus-affected economy.
Coinbase’s decision to go public is also an indication of the growing adoption and acceptance of cryptos by the mainstream.
Virgin Galactic stock is currently at $27.81 in the pre-market trading, increasing 4.82% over its previous close of $26.53.
Although one-year Tesla stock figures look good, 5-day, 1-month, and year-to-date movements are currently taking the heat, despite Bitcoin purchases.
The 306 points accrued by the Dow Jones were fueled by the approval of the Biden administration’s $1.9 trillion coronavirus stimulus bill by the US Senate.
Starling revealed its plans for using the raised funds. The digital bank plan to expand its business into Europe.
Deliveroo confirmed it would use a dual-class share structure to give its founder Will Shu more control. Goldman Sachs and JPMorgan will be global coordinators for the IPO.
While the COVID-19 pandemic has slowed down markets worldwide, especially the US stock market, several investors and traders went after alternative assets and options that could provide them a better store of value.
Virgin Galactic has had to postpone several space flights prompting SPCE stock investors’ lack of confidence.
The Federal Reserve chairman acknowledged the surge in the US Treasury bond yields but didn’t suggest any action to keep the long-term yields under check.
Despite the growing adoption of cryptocurrencies, among institutional and retail investors, some companies are still not considering adding crypto to their balance sheets.