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.
Ant Group is expected to hold its IPO in Hong Kong, however, the details are still unclear.
While Netflix managed to add fewer than expected subscribers during Q3 2020, it still clocked a higher-than-expected revenue. The Asia Pacific region contributed to a large subscribers’ addition during the last quarter.
As the draft of a form letter to UK AstraZeneca vaccine trial participants states, FDA “has come to the same conclusion as the other drug regulators including the MHRA” and approved further vaccine testing.
After fresh talks on Tuesday with Secretary Steven Mnuchin, Pelosi said that she’s “optimistic” about the stimulus aid. The market has been closely watching the development as analysts eagerly await a fresh stimulus to boost economic recovery.
Apple sees strong demand for its iPhone 12 flagship in one of its biggest global markets China. Pre-orders for iPhone 12 have already crossed 150,000 units in three days of launch. Analysts say China alone with contribute 35-40% of the iPhone 12 sales.
UBS said that its well-diversified business model with a regional mix has helped the bank overcome these tough times and deliver stellar results despite the uncertain geopolitical and economic conditions.
U.S. and China have had a good year for stock market debuts where share listings came from big tech names like Palantir and Ant Group. However, this is not the case for Europe.
With Japan, Europe, and the United States, big tech companies like Apple, Facebook, Amazon, and Alphabet will be in one huge legislative umbrella on market monopoly.
This year, Tesla plans to produce as many as 150,000 Model 3 at its Shanghai facility. Currently, Tesla makes around 11,000 units per month.
All eyes are on America’s Federal Aviation Administration for the approval of the certification to resume the Boeing 737 Max services. The approval is likely to arrive by mid-November as per previous estimates. Passengers flying with the 737 Max will also be informed priorly when the services resume.
Tim Ismilyaev, CEO & Founder of Mana Security speaks on how hackers work and what minimum protective measures everyone should implement on their personal computers.
In its IPO prospectus, Miniso explained that it is working on how to leverage the latest technology to put it ahead of competitors.
During this year’s Amazon Prime Day, the company was focused on supporting small and medium-sized businesses.
Tiffany noted that although its global sales dropped by a small fraction when compared to the same period last year, the operating profit surged by about 25% year on year.
Morgan Stanley has made a big jump following its previous quarter reports that were marred by the influence of the coronavirus pandemic.