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.
Yesterday, Wirecard shares plummeted, losing 60% after the news about the accounting scandal broke on Thursday. The losses continued today. Wirecard CEO Markus Braun has resigned.
Tesla (TSLA) stock surpassed $1,000 recently bringing CEO Elon Musk closer to a hefty payout. Jefferies increased the price target for TSLA to $1,200.
After good sales during the 618 Shopping Festival, JD.com and Alibaba stocks closed up yesterday but declined at the opening today.
Spotify shares were up more than 12% in Thursday trading amid optimism for a series of podcast deals. Today SPOT stock is up as well.
After its secondary listing in Hong Kong, Chinese gaming company NetEase is going to expand globally using prominent franchises like “Harry Potter” and the “Lord of the Rings”.
A young trader Alex Kearns commits suicide over a supposed $730,165 debt in his Robinhood trading account. FINRA wants Robinhood to approve each client who is going to trade options.
Following Moderna CEO’s big expectations on mRNA-1273 distribution, Moderna shares jumped. On June 18, Moderna stock rose by 2.59% to close at $64.95. In pre-market today, Moderna shares are 0.08% up.
Amidst backlash from workers, McDonald’s plans to hire 260,000 new workers with an emphatic promise of adequate measures to protect workers. MCD stock was down yesterday.
The new Facebook’s initiative is a part of a $1.1 billion investment to support diverse suppliers and communities in the U.S. Following the announcement, FB stock is up.
JD.com, another Chinese e-commerce firm after Alibaba and NetEase, has succeeded in its secondary listing in Hong Kong, surging over 3 percent on its debut.
Bitcoin and S&P are correlated – that’s the idea that has been once again voiced by the prominent analyst known as Plan B.
Ernst and Young indicated that as much as €1.9 billion in cash is missing from the Wirecard’s balance sheet. Wirecard management is working with the auditor to clarify the situation.
The coronavirus pandemic is raging and there’s still no treatment or vaccine. Regardless, let’s look at the stocks of two major biotech companies: Gilead Sciences and Moderna.
Tesla is looking for alternative markets to cushion losses experienced in the sales in California in April and May. Despite this drop, TSLA stock managed to hit a new record high of $1,000 in June
These days there are a lot of talks about the necessity to support diversity in our society. Alphabet CEO Sundar Pichai announced sweeping changes in the company’s approach to diversity. GOOGL stock reacted with a slight growth.