
Apple (AAPL) Stock Surrenders Some Gains a Few Months after Impressive Q4 Report
Apple stock is up by 31% year to date and is gradually inching towards new highs.
Apple stock is up by 31% year to date and is gradually inching towards new highs.
The stoppage of the Federal Reserve Bond purchase has been cited as a bold move by many analysts who noted the plan provides a good certainty for growth.
Inditex reported more gains in the third quarter: its sales growth in constant currency matured 21% from the previous year.
According to a study conducted by lending firm BlockFi, many Americans are willing to accept crypto assets such as Bitcoin, Ethereum, and Dogecoin during this festive period.
Toyota is planning to have battery EVs account for sales of its luxury brand Lexus in certain locations.
Tesla stock closed down 5% following the news of Musk’s TSLA shares sales.
Despite the fact that the coronavirus is biting hard on many businesses around the world today, Chinese authorities are not considering the state of the global economy and have notably launched a concurrent crackdown on the local tech companies.
The current outlook of the stock market indices is very different from the trend observed in the past week where we saw a bullish rally across the board.
The $60 million deal to obtain the Meta trademark assets shows the value of the Meta name and what it represents in the technology space.
One of Asia’s behemoth property developers, China Evergrande Group (HKG: 3333) has reportedly slipped into default on the payment of the next tranche of its debts.
Since last August when MicroStrategy made its first-ever Bitcoin purchase, the firm, under Michael Saylor’s leadership has not relented in topping its bag.
GameStop reported a substantially higher loss of $105.4 million for its fiscal third quarter as the company looks to reshape its business model.
Apple shares have gained as much as 30% this year on top of an 80% surge in 2020. The S&P 500 has risen 25% for the same period.
The delisting of Chinese stocks in the US is a sign of an official end to US markets serving as a firehose of capital for buzzy Chinese tech firms. In addition, it is decreasing China’s reliance on the US stock markets while building up a homegrown rival.
Chinese social media giant Weibo opened at $32.85 in Hong Kong debut amid wild ride for China’s tech sector.