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.
During an interview with comedian Joe Rogan, Tesla CEO Elon Musk commented on a number of his recent sentiments, including his opinion about ongoing coronavirus ‘shelter in place’ policy.
The Crypto Valley experts came to a consensus that this Bitcoin block reward halving would be different from the previous two, regardless of which direction the price of Bitcoin (BTC) goes. However, it seems that, at least for now, Bitcoin price is going up constantly.
Schwab Stock Slices will be available starting June 9 in retail Schwab brokerage, custodial, and individual retirement accounts (IRAs). Its users will be able to trade shares any S&P 500 company, including Apple, Amazon, Netflix, in real-time throughout the trading day using market orders.
Tesla (TSLA) stock prices dropped at the end of the trading day yesterday after Elon Musk indicated that the production of the Roadster sportscar will be delayed.
Uber reported one of its worst quarterly performances during Q1 2020 registering a net loss of $2.9 billion. With its business going on a tailspin due to the global lockdown, the company plans to trim 17% of its workforce this year. Uber stock price is going up.
Zoom has announced an acquisition of Keybase. In the nearest future, Zoom is planning to provide an end-to-end encrypted meeting mode to all paid accounts. Keybase, for its part, will offer its help to Zoom to develop new capabilities for its platform. ZM stock is rising.
Phase 2 trial of Moderna’s coronavirus vaccine will shortly begin and enroll 600 participants. The company is also planning to begin phase 3 trial as early as this summer. MRNA stock is 10% up now.
Tesla (TSLA) stock price rose yesterday as reports emerged that Elon Musk plans to reopen its Fremont California factory this week. However, today TSLA stock is slightly down.
Paypal (PYPL) stock price is rising today. Now the stock is over 12% up. The rise is attributed to the first quarter 2020 results released yesterday.
Gilead (GILD) stock price is rising slightly after the Japanese government indicated that it could grant approval to its remdesivir drug to be used in the fight with COVID-19.
Liberty Global and Telefónica have struck a deal to combine their British operations O2 and Virgin Media in a $38B merger that will reshape the UK’s telecoms market. The two companies announced the deal after five months of negotiations.
Amazon (AMZN) stock closed yesterday with $33.46 on top to trade at $2351.26. Does Jeff Bezos want to turn Amazon into a delivery machine that competes with FedEx and UPS?
Microsoft (MSFT) stock rose by 1% as the Redmond Washington Technology giant announced new devices including Surface Go 2 and Surface Book 3. The company also unveiled a release date for its Surface Earbuds, Apple’s AirPods competitor.
Papa John’s (PZZA) stock rose yesterday after hours but is down now in the pre-market after the company announced Q1 2020 results. April is said to be the best month in the company’s history.
Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.