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.
Swiss-based travel agency Dufry is set to establish a joint venture with Alibaba Group. Both companies have the right fundamentals to boost retail business offerings.
Tesla’s stock plunge gets analysts to wonder about the continued market demand for its electric cars in the fourth quarter. While Elon Musk has set an ambitious target of half-a-million deliveries by 2020-end, analysts remain skeptical.
Some doctors who are not in Trump’s medical team believe that the President’s health conditions might be worse than it is being stated.
Now David Beckham owns approximately 4.78% of Guild Esports total shares.
AstraZeneca’s clinical trials for the vaccine were halted in July after one of the participants complained of neurological disorder.
Tesla CEO Elon Musk indicated on Friday that the company will make a foray into India in 2021. Meanwhile, TSLA stock is down in the pre-market today.
Twilio is yet to surprise the markets and investors hinting at higher than expected revenues in its latest filing with the SEC. The company also announced new products and initiatives at its recently held Signal conference.
Goldman Sachs and Numis acted as joint placement agents to Cazoo in the funding round as the firm looks to use the funds to boost its marketing.
Nikola (NKLA) stock closed 17.72% up following the company’s claims to maintain its production timeline. However, it is still unable to erase the over 35% loss suffered since the whole Hindenburg Research saga.
President Trump and the First Lady tested positive for COVID-19 a few days after the first presidential debate with Democratic presidential candidate, Joe Biden.
Pushing forward its development with digital currencies, the ECB has applied for a trademark of the “Digital Euro”. The central bank will soon release its assessment for the use of Digital Euro and its impact on the region’s economy.
PepsiCo reported revenue of $18.09 billion versus the anticipated $17.23 billion. PEP shares haven’t been significantly affected.
The H&M group plans to shut down hundreds of stores next year due to a decline in sales and an increase in online shoppers.
Previously, the starting price for Model 3 sedans produced at Tesla’s Shanghai factory with a standard driving range was 271,550 yuan. Now, it will cost 249,900 yuan (or $36,805).
The Coinbase CEO Brian Armstrong said that internal political and social activism distract employees from the company’s core mission and cause. Armstrong’s comments have sparked a debate while getting mixed responses from other industry veterans.