Credit Suisse has revealed it expects a huge loss in Q1 of 2021. The Zurich-based lender was one of the highest hit firms following the Archegos Capital fund saga. It has since proposed a cut to its dividend and seen several executives depart.
Amid the ongoing growth in the crypto space,100 crypto projects have reached a $1 billion market valuation.
With stellar results for the first quarter of this year, analysts have turned bullish and upgraded the Tesla stock price expecting returns of 40-60% by the end of this year.
A new report from Business Insider stated that data of over 500 million Facebook users was leaked and uploaded online for free. However, Liz Bourgeois who heads communications at FB stated that this was an old vulnerability patched in August 2019.
Tesla has enjoyed a good reign as the top EV manufacturer in the world but that position might be flipped in no time as many competitors are entering the evergreen electric vehicle industry space.
The record high attained by the S&P 500 as well as the other market indices rode on the back of strong gains in the tech sector as led by the FAANG stocks on Thursday.
Morgan Stanley said that nearly 12 of its mutual fund’s portfolios will get Bitcoin exposure either through cash-settled futures or via Grayscale.
Through the JUST NFT Fund, Sun has now acquired notable digital artworks including one from Beeple.
Coinbase public listing is a major milestone for the overall crypto community and will likely push more crypto firms to make their way to Wall Street. This will further boost new developments in the crypto space and bring legitimacy to the overall market.
According to the US Army announcement, Microsoft will deliver over 120,000 devices based on its HoloLens augmented reality headsets.
The US stock market may buckle amidst all uncertainties but confidence in the drivers of the economy can restore hopes for better days ahead.
Biden’s recovery plan includes stricter tax policies for multinational companies.
Goldman Sachs has a minimum threshold of $25 million investment for individuals, families and endowments under its wealth management business offerings. This shows massive money is coming to Bitcoin and the overall crypto market.
The CME is set to launch micro Bitcoin futures in May. The new investment tool aims to include sidelined clients and ensure more precision, risk management and choice.
Rumors on PayPal’s Checkout with Crypto began on the 30th of March. Later in the day, PayPal CEO Dan Schulman confirmed this news.