This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
According to the recent survey report, 59% of the respondents believe that Zoom stock will hit $500 again by 2022.
Wall Street investors are optimistic about the results that big tech companies will announce ahead this week. Since all indices are currently at their all-time highs, investors are maintaining caution.
Referring to the increasing demand for the iPhone, Dan Ives said Apple could have sold about 90 million iPhones by the December quarter.
After the news about the deal with Latch, TSIA stock has skyrocketed in the pre-market.
Merck has a reported market valuation of approximately $204.88 billion with 2.53 billion outstanding shares. The company’s leadership has opted to commit its resources towards developing coronavirus therapy drugs.
The shares of Google were also boosted by the corresponding redesign of the search engine to feature COVID-19 related data.
Philips however in a statement revealed that, even though its net profit for 2020 rose, it saw “uncertainty” this year due to the COVID-19 pandemic.
This move by Coinbase will allow all its current and past employees as well other private stockholders to sell their stock before the IPO on the Nasdaq Private Market.
Besides being subjected to speculative traders, GameStop has experienced an increase in demand for its products since the onset of the coronavirus pandemic.
Last year, Evergrande showed off six new electric vehicles under a brand called Hengchi, with the hope of starting production this year.
According to Chuck Carlson, CEO at Horizon Investment Services, the upcoming reports could help determine whether the resurgence in growth stocks will continue.
Trustly’s parent company, Nordic Capital, is working with Goldman Sachs, JPMorgan Chase, and Carnegie on the IPO. Besides, it is reportedly in the process of hiring more banks to launch the IPO in late April or early May.
Since it made its public debut, the meteoric rise in the shares of Palantir Technologies has sparked a debate in the potential overvalued positioning of the shares.
Pfizer and BioNTech will supply a COVAX program to accelerate vaccine distribution in lower-income countries.
While the company said that its decision to shut Loon is related to its lack of commercial success, another reason could be in the increased interest of Amazon and SpaceX in the connectivity business.