Spotify shares added 57.04% year to date, jumping around 4.25% in the past three months.
As analysts predict, General Electric’s full-year cash burn will total about $2 billion, which means $1 billion in positive free cash flow over the second half of the year.
The Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38 yesterday. However, the index has now dropped 1.77% YTD.
Shares of Snowflake, a cloud data warehousing firm that has the backing of Salesforce and Warren Buffett’s Berkshire Hathaway, more than doubled on their first day of trading in the biggest software IPO ever.
Diginex received an overwhelming 80% shareholder approval for its merger with 8i Enterprises. Digifinex subsidiary EQUOS will be the first crypto exchange to be listed on the Nasdaq index.
Shortly after reaching its all-time high, Nasdaq steps into the AML sector as it launched AI technology to detect money laundering.
After investing in BTC for the first time last month, MicroStrategy yesterday announced that it had purchased more Bitcoins.
The tech sector continues to push the markets higher on Tuesday along with better economic data coming out of China. The U.S. Industrial Production data for August shows 0.5% jump.
Kiyosaki has always been supporting Bitcoin. In August, he urged Twitter followers to buy the crypto before a “major banking crisis”. Now, while Bitcoin is gaining strength as a long-term investment, Kiyosaki calls the public to buy it again.
Following the announcement of Apple Fitness+, Peloton shares fell but managed to recover. Nevertheless, PTON fell over 6% in the last five days despite climbing more than 200% in 2020.
Tesla stock jump is being attributed to the fact that one of its biggest rivals, Nikola is facing fraud charges with the SEC.
As FedEx has said, its good performance resulted from strong demand in its services, volume growth in its international priority, and U.S. domestic residential package services.
Sony stock has received an average of a ‘buy’ rating from 25 credible analysts. This is a strong indicator that the shares are experiencing a buy pressure and likely to hit its ATH set in mid-march of 2000.
Despite the decline in the world’s economy, FANGMAN stocks continue to increase. The collective market value of these seven firms has reached $7.3 trillion.
GoodRx is going public. The IPO price of its Class A common stock is expected to be between $24.00 and $28.00 per share.