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.
It’s not just Bitcoin that investors have been flocking to. Ethereum is currently worth more than $310, more than double where it started the year.
Following the impressive Q2 revenue report and a bullish call from the Bank of America, AMD may become America’s next $100 billion chip company.
Wall Street’s main indices rose on Monday as Microsoft announced its plans to buy TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal.
Following the boycott by major customers of Facebook ad offering, Bernstein analyst Mark Shmulik maintains his bullish call for Facebook stocks. FB shares are down in today’s pre-market.
On Friday, Apple shares closed 10.47% up, $425.04 per share. In the early trading today, Apple (AAPL) stock is 1.50% up, $431.42 per share.
Societe Generale (SocGen) reported a net loss of about 1.26 billion euros ($1.48 billion) for Q2 2020 after missing market expectations as it set aside more capital to mitigate COVID-19-related negative impacts on its business. GLE stock is down.
The lowering interest loans and rising bad loans in H1 2020 have impacted the bank’s profitability to a great extent. HSBC also faces major challenges for its global restructuring plans due to the rising geopolitical tensions between the U.S. and China.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
Following a year-long partnership with Ripple, MoneyGram International Inc (NASDAQ: MGI) in its Q2 2020 report revealed that it got $15.1 million from the blockchain news.
While still being on the radar of U.S. lawmakers, the U.S. big 4 tech companies, including Apple, Amazon, Facebook and Alphabet, all posted impressive performance reports.
Pfizer (PFE) stock price was rising in the pre-market but is down now as the market opened.
The announcement of the four-for-one stock split from Apple came in its fiscal Q3 earnings report. AAPL stock is up in the pre-market.
Facebook Q2 2020 earnings beat expectations as the firm recorded significant growth in revenue, earnings per share and monthly users, among other metrics.
Ford (F) stock gained 2.82% in pre-market to trade around $6.93. This stock movement is attributed to better-than-anticipated Q2 earnings results.
According to the Q3 earnings report, Apple now has $193.817 billion cash on hand. AAPL stock is up after hours.