As WeWork China continues to cut costs globally, Trustbridge Partners has invested $200 million to own a majority stake in the company. As a result of the investment, a Trustbridge Partners’ executive becomes CEO.
Google is reviewing its long-term work options for employees, as most of them say they don’t want to come back to the office full-time.
Christie’s, a famous British auction will put on the auction its first Non-Fungible Token (NFT) inspire by Robert Alice. Only highly motivated and deep-pocketed blockchain enthusiasts can make such investments as the quoted price is high.
The latest report from Hindenburg Research accusses Nikola for defrauding investors about the preparedness of its hydrogen-fuel technology. Stock tanks more than 40% in the last three days.
Bloomberg expects BTC to jump over $15,000. The company based its reasonings on fundamentals like Bitcoin’s rising hash rate and also the 30-day average of active Bitcoin addresses.
JPMorgan is looking ahead to settle regulatory charges of market manipulation by paying a massive $1 billion in penalty. The DOJ, the SEC, and the CFTC have been conducting an investigation for a long time over the bank involvement in unfair trading practices in the metals market.
Electric car manufacturer Tesla has filed a lawsuit against U.S. President Donald Trump’s administration, aiming to end what it calls “unlawful” tariffs imposed on certain parts imported from China.
On Wednesday Nike (NKE) stock was up 8.76% adding $10.24 to its stock value and closed at $127.11.
Amidst larger market uncertainty, 2020’s top-performing tech sector witnessed heavy selling leading to a broader market correction. Also with the fears of another lockdown, President Trump said that they won’t be going for the same.
Cell Protocol, a decentralized oracle network working on blockchain, is looking forward to becoming a leader in the DeFi field.
Johnson & Johnson has commenced a phase 3 trial of its one-shot vaccine. The company will recruit a total of 60,000 participants. JNJ stock is in the green.
Tesla CEO announced plans to deliver a cheaper car of $25,000 by 2023. In reaction, Tesla stock continued its way down.
Tesla (TSLA) stock price lost 5.60% yesterday and it is falling today in the pre-market as well.
Previously, WealthSimple crypto exchange existed in private beta with a user waitlist. Today its digital exchange platform will be open to public.
Following the company’s report, its shares dropped. SFIX stock closed at $31.38 per share yesterday, or 7.95% up. However, in prolonged trade, it lost as much as 16.35% to $26.25.