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.
Elon Musk has expressed displeasure with Bill Gates after the Microsoft founder revealed he bought a Porsche Taycan and not a Tesla. TSLA stock is rising.
Morgan Stanley’s Adam Jonas reportedly increased his highest and most optimistic projection for Tesla to $1,200 per share from $650, indicating that he is convinced the TSLA stock will surge further.
Bombardier announced it will sell its rail division to Alstom, a France company, for $8.2 billion as it wants to focus on the aviation sector.
This top fund asset manager took a chance with Tesla (TSLA) stock last year. The chance has obviously already paid off and Tesla still continues to surge.
HSBC 2019 full-year earnings failed to meet the expectations. When it was revealed, HSBC shares price started to fall.
Here’s a look at how the top companies are now trying to position themselves in this massively expanding global economy and reach a $2 trillion market cap.
Amazon (AMZN) stock price is doing quite well in regards to the current U.S. economic state and analysts foresee the stock price hitting $5,000 in 2023.
Analysts are closely watching Boeing’s plans as it reorganizes itself in coming out the 737 Max crash investigation. Boeing (BA) stock currently looks under pressure but Credit Suisse predicts no further downfall amidst growing positive news.
Alphabet (GOOGL) stock price is going up in the pre-market. Will Alphabet change its approach to share repurchases?
Berkshire Hathaway has added Kroger to its long list of investment stakes. Warren Buffett’s company has purchased nearly 19 million shares of the retail giant. BRK.B is up.
Favipiravir has become one of the drugs that the Chinese authorities approved for treating the new COVID-19 strain of the coronavirus.
Cathay Pacific Airways expects a significant drop in its H1 2020 results and has also cut capacity due to the coronavirus fears. Severe travel restrictions as a result of the virus outbreak have led to a rise in flight cancellations.
General Motors has announced it will be ceasing its operations in some international markets and concentrate on the profit-making regions. GM stock hasn’t reacted significantly.
Tesla (TSLA) stock is rising above $800 after hours. Elon Musk is looking for employees to join the Solar Roof team as the company is ramping up the installation of such roofs in the U.S.
Nissan stock has fallen to the lowest level in 10 years as the company has reported its earnings and is still under the pressure of the scandal surrounding former chairman Carlos Ghosn.