JPMorgan outdid major indices and has performed beyond the bars set by many stock analysts.
Further advancement into commercial space service is highly anticipated, a fact that has made the company’s stock gain 71.47% year-to-date and 124.81% in 1 year.
Analysts believe the second-quarter earnings season will continue to drive the markets higher, however, a major focus will be on the fiscal policy updates released by the Federal Reserve.
Dow Jones successfully revived itself from the previous loss of 260 points setting a new record high.
Bullish will merge with ex-NYSE exec’s SPAC – Far Peak. The merged company will have a pro forma equity value of $9 billion, equal to the value of $10 per share.
The Biden administration is pressing China hard on accusations of forced labor of the Uyghur population in the Xinjiang region. On the other hand China continues to defend its policies.
The launch of Richard Branson into space has made the financial market buzzing with excitement around Virgin Galactic shares.
The spread of the delta variant in East Asia and the US has resulted in the spike of the COVID-19 cases. Concerns of a slowdown in the economic recovery put markets under pressure.
The firm revealed the plans on Thursday, noting that the deal will value Circle at an enterprise value of $4.5 billion.
Investors have reverted to tech stocks. Tech giants Apple and Amazon have seen a rise of over 15% in the past month,
The research study also stated that 75% of millennials would use cryptocurrencies if they had a better understanding of them.
Global Investment firm, Goldman Sachs, says Ethereum presently assumes the greatest ‘potential’ as a sought-after platform which can overtake Bitcoin.
The Pentagon in a press release on July 6 stated that “due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs.”
The vaccination campaigns of the American government have yielded good dividends as attested to by the rapid return to economic normalcy on all fronts.
Marshall Wace was involved in Circle’s $440 million fundraising round, which ended in May, and has recently been hiring staff to build a team to work with the cryptocurrency sector, according to the article.