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.
CNBC’s Jim Cramer said that investors should “stop circling the wagons around index funds”. It’s time for us to pay attention to new Covid winners.
Yesterday, Microsoft (MSFT) stock lost around 1% but today in the pre-market it was in the green. Despite its ups and downs, the company remains to be the king of the market.
Intel (INTC) stock price has dropped around 5% as Apple announced that it is going to make its own chips for Macs in 2021.
Apple plans to release its Mac with its in-house Apple chips which will replace the current Intel processors. Apple is likely to feature its flagship products with 12-core SOCs. AAPL stock is up in the pre-market.
Thanks to the progress in the vaccine development, Inovio (INO) stock has given a boost to investor confidence. Since the end of 2019, Inovio shares are 264,55% up. In the last month alone, the rise is 65%.
WHO accidentally posted a draft summary of remdesivir trial studies. As soon as the organization realized the mistake, it deleted the post. But Gilead (GILD) stock plunged.
Zoom Video Communications (ZM) stock jumped over 11% today. This comes as the company recorded 300 million daily users, up 50% from the beginning of April even as the company battles a privacy backlash and faces competition from Google Meet.
The record surge of Americans applying for unemployment benefits is starting to recede, but another 4.4 million people filed new jobless claims last week to push the total above 26 million.
Warren Buffett expert Preston Pysh is very bullish about the fortune of Bitcoin after the halving event. He says it may reach $300,000.
Michael Novogratz said that the upcoming Bitcoin halving event is set to push the BTC price higher especially with the traditional markets are falling due to the COVID-19 spread.
PayPal (PYPL) stock rose 7.11% while Square (SQ) stock rose 6.20%, on what is being attributed to the massive coronavirus stimulus bill that is making its way through the Congress.
Credit Suisse (CSGN) stock price is down. Meanwhile, the bank has released its first earnings report after the spying scandal and the resignation of its former CEO.
Airbnb hosts are complaining that those payments that they can get in the framework of the company’s coronavirus relief program are just a drop in the ocean.
Apple’s latest affordable handset offering comes just at a time when the global markets and consumer spending has gone lower. The new iPhone SE comes with powerful hardware similar to the iPhone 11 along with several other features. AAPL stock is up now.
Analysts predict Facebook has seen its year-over-year earnings grow on higher revenues for the first fiscal quarter of this year that ended in March. Therefore, FB stock is rising.