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Despite this drop, the company still has a higher market value than other giants in the motor industry.
Visa is reportedly discussing with Amazon the possibilities to find a way for UK customers to use their credit cards.
A few days after hitting new all-time highs, Bitcoin and Ethereum are pulling other cryptos down as the market is experiencing significant price reductions.
On Monday, Tesla valuations dropped under $1 trillion during the trading hours before recovering back. This happened as Musk hinted at selling more TSLA stock in his chat with Bernie Sanders.
The Bitcoin Taproot upgrade has received practically universal support. The introduction of self-executing smart contracts with less space occupancy on the Bitcoin blockchain improves scalability.
Binance has a staggering public potential worth of $300B due to its trading volume and transaction fees, which are larger than of its four biggest competitors.
Both firms said they maintained good social and environmental sustainability in the course of the Singles Day event and in line with Beijing’s stance.
EV carmaker Rivian automotive makes a stellar debut on Wall Street with its shares skyrocketing 30% on the first day of listing.
The Singles Day shopping event has grown to become an avenue where all e-commerce service providers struggle to win a good market share.
Elon Musk offloaded a substantial amount of Tesla stock to meet tax obligations, driving TSLA price down more than 10%.
Bitcoin (BTC) reacted positively to the rise in the CPI inflation, however, tanked sharply later on resulting in $700 million worth of liquidations in a very short while.
Seeing the inflation data, investors appear to take capital away from some sectors of the stock market like tech and pump it into other sectors.
Some bondholders of Evergrande have not received coupon payments by the end of the 30-day grace period at the close of Asia business on Wednesday.
The interview shows no signs or gives no indication of exactly how much the tech veteran invested in digital currencies.
Tesla stock has gained approximately 149.42%, 45.04%, 44.16%, and 27% in the past year, YTD, three months, and one month respectively.