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.
Dow Jones, S&P 500, and Nasdaq Composite all surged between 10-12% during the month of November as markets remained upbeat on positive news of vaccine rollout. Analysts expect the market to continue its run ahead in December and end 2020 on a strong note.
Inking one of its biggest deals in history, Salesforce announced the acquisition of Slack for a massive $27 billion in a combination of stock and cash options. Salesforces said it will deeply integrate Slack as part of Salesforce Cloud and the Salesforce Customer 360 interface.
Pfizer and BioNTech applied for conditional marketing authorization (CMA) from the European Medicines Agency (EMA).
Nio has delivered 36,721 electric vehicles since the calendar flipped in January 2020. Hereby representing a rise of approximately 111.1% year-over-year.
The European stocks recovered significantly on the positive news about the COVID-19 vaccine as drugmakers gear up for mass production and distribution and await FDA approval. The Asia markets are looking positive as China’s growth picks up.
During the Q3 quarter that ended on October 31, Zoom recorded a revenue growth of 367% on an annualized basis in the quarter.
Kustomer allows businesses to interact with their customers through different channels.
The growth of Tesla is reflected in the surge in the company’s stock price. At the moment, Tesla is up 4% in the pre-market.
Two prominent space exploration companies including SpaceX and Virgin Galactic are both at the forefront of developing space crafts for commercial purposes.
At present, all eyes are on coronavirus vaccine stocks. As a result, FAANG stocks are in the middle distance. However, this is temporary. According to Cramer, when the pandemic is over, it all will get back to normal.
On Monday, Moderna presented the latest report of its trials on a wide scale with a 94% efficacy rate as it awaits an FDA nod in the coming weeks soon to begin its vaccine rollout.
Nikola shares have been on a rollercoaster in the past few months. Today they have lost nearly 24% of their value.
UK legislators are set to debate the new Telecommunications Security Bill – which encompasses the new rules on Huawei – at second reading in Parliament.
Last month’s system failure in the Tokyo Stock Exchange has caused the bourse’s operator wants to step down. Japan’s financial regulator faced rebuke following the disruption of the system that halted trading for an unprecedented full-day.
Tesla applied for the Shanghai-made Model Y SUV sales permission earlier this month and got the permission to start sales.