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.
During the pandemic, China has been revising its trade agreements with different countries to meet the new world order.
Investors are expecting a massive capital inflow to Tesla shares over its entry to the S&P 500. Analysts say that even fund managers like Vanguard and Fidelity will be forced to seek exposure to the electric car company.
The stricter social distancing norms and COVID-19 restrictions have pushed shoppers to turn online this holiday season. Adobe is expecting the biggest single-day sales ever in history during Cyber Monday.
The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.
Baidu is demanding a payment of $20 billion for its stake in the video streaming platform as it controls approximately 56% of iQIYI.
Starting from 2021, a new antitrust unit by the UK government will launch a code to curb Google and Facebook dominance in the market. Moreover, technology companies will be required to be more transparent with the services they offer.
BT Group (LON: BT.A), a British Telecom Company has been said to have 47.2% upside potential, and ABN Amro Bank NV (AMS: ABN), a Dutch bank has been said to have an upside potential of 50.6%.
The US government has given ByteDance more time to finalize a TikTok deal.
On Thursday AstraZeneca said it would undertake a new global vaccine trial using the lower-dose regimen.
Deutsche Bank expects global GDP to return to pre-virus levels next year, it warns about challenges to economic recovery.
Stocks in Asia-Pacific are mixed as the US Federal Reserve released the minutes of their November meeting. Chinese JD Health filed for IPO on the Hong Kong Stock Exchange.
Following a successful Hong Kong initial public offering, Evergrande shares are expected to be listed on December 2.
On the 25th of November, Square’s Cash App announced a “definitive agreement” to buy Credit Karma’s tax unit for $50 million cash.
Markets remained under pressure on Wednesday after the freshly released data showed an unexpected jump in the jobless claims. The rising COVID-19 cases put a curtain on the future of the economic recovery with possible signs of a delayed comeback.
Besides the European Commission that just inked a deal with Moderna, the US ranks as one that has shown the highest commitment to both the vaccine development and its acquisition upon approval.