The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said. Source link
Stock
23 posts
Car manufacturer Tesla has seen a rise in stock value in recent weeks following shock sales amid the coronavirus pandemic, which has crashed emand for automobiles. The surprise increase saw owner Elon Musk granted a Chief Executive Officer Elon Musk could pocket up to $1.8 billion in a day due […]
The news comes as investors have begun massive levels of investment in the mainland tech firm’s push for self-sufficiency, with the chipmaker reaching a $31.7bn capitalisation this year and stocks surging 12.8 percent to $4.84 (37.55 HKD) on Monday, figures show. China’s mainland chipmaker Semiconductor Manufacturing International Corp (SMIC) plans […]
29 Jun, 2020 06:04 Follow RT on A group of militants armed with guns and grenades has attacked the Pakistan Stock Exchange in Karachi. Several civilians and attackers have been killed in the battle, local media reported, citing police. Four gunmen first attacked the main gate of the building with […]
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202006291079744334-pakistan-stock-exchange-building-in-karachi-under-attack-reports-claim/ Four militants have stormed the Pakistan Stock Exchange building and opened indiscriminate fire, according to media reports. Source link
‘Unacceptable threat’ and ‘provocation’: European nations fume after US pulls out of talks on global digital tax …from Russia Today, Moscow [ Editor’s Note: The US pulled out of the digital tax talks with Europe when they were at the 11th hour. Gosh, might it have something to do with […]
Earlier reports claimed two of Britain’s biggest mobile operators, BT and Vodafone, warned the government that parts of the country might face mobile blackouts if they were to pull Huawei gear out of their networks following US pressure to ban the Chinese tech giant. British security officials have reportedly urged […]
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end […]
Stocks of bankrupt or near-bankrupt companies like car rental giant Hertz and Chesapeake Energy enjoyed epic rallies this week, even though equity holders will be the last in line to get paid when the firms finally go bust. During an extremely volatile week, Hertz, which filed for bankruptcy protection at […]
While this week’s sell-off in stocks was steep, the S&P 500 is still up 34% from its March 23 nadir on Friday morning. In other words, the United States’ fiscal and monetary COVID-19 stimulus efforts continue to be heavily favoring hedge fund managers, bankers and corporate CEOs. Meanwhile, as stocks […]
US Federal Reserve Chairman Jerome Powell has toned down the optimism regarding jobs in the country, in stark contrast to President Donald Trump, who recently praised the 2.5 million new work places last month. Source link
https://cdn1.img.sputniknews.com/img/107958/04/1079580413_0:216:3072:1944_1200x675_80_0_0_63e1e7f5a10796911080ecefefba74ad.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202006111079580384-us-stock-futures-fall-as-states-continue-with-reopening/ While investors are evaluating the results of the US opening up, concerns have arisen about a possible second wave of new coronavirus (COVID-19) cases. A spike in infections has already been registered in Texas and some counties of California. US stock futures dropped […]
The largest 50-day “Robinhood” rally in stock market history and even stocks of bankrupt companies are up more than 100%. What is going on? Saudi Arabia injects $13 billion in bank liquidity via blockchain. China’s state TV CCTV says Binance is still allowing crypto trading in China. MakerDAO community greenlights […]
US 01:35 GMT 01.06.2020Get short URL https://cdn1.img.sputniknews.com/img/107948/11/1079481105_0:17:3072:1745_1200x675_80_0_0_b4bf0c915b05df3288412007a9de269a.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202006011079481095-us-stock-futures-drop-following-consecutive-gains-in-may/ May has been a relatively positive month for the US futures market, as traders were driven by optimism about the US economy gradually opening up from the coronavirus-induced lockdown. US stock futures traded lower on Sunday night […]
A White House adviser has triggered a wave of memes and mockery online after referring to US labor force as “human capital stock,” drawing countless comparisons to the dystopian sci-fi flick Soylent Green (spoiler: it’s people). In calling to reopen the US economy amid the ongoing Covid-19 crisis in an […]
On Sunday night, after briefly touching on immunologist Rick Bright’s whistleblower testimony in front of Congress, accusing the Trump administration of ignoring his warnings about the novel coronavirus and their lack of preparedness, Last Week Tonight host John Oliver tackled “a major scandal brewing in Washington”: the curious case of […]
The former pharmaceutical executive tapped by President Trump to lead the federal effort to develop a coronavirus vaccine owns stock options worth more than $10 million in a company receiving funding from that same program, Stat News reports. Until his appointment, Dr. Moncef Slaoui was on the board of the […]
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after new data showed retail sales dropped to record lows and unemployment numbers continue to worsen. The world’s first cryptocurrency […]
Sen. Kelly Loeffler (R-GA) has provided information to federal law enforcement and financial authorities about the sales of millions of dollars of stock owned by her and her husband in the wake of a closed-door Senate briefing on the coronavirus in January, Loeffler’s office said on Thursday. Loeffler and her […]
Note: “Party faithful” have withheld real numbers of new infection, suppressed numbers of deaths, all done at county level where GOP reigns, all at orders of White House operatives. How to medical pic.twitter.com/0EDqJcy38p — Sarah Cooper (@sarahcpr) April 24, 2020 COVID numbers may be at 500,000 now. Study shows surge […]
Republican Senator Richard Burr will step down from his post as chairman of the Senate Intelligence Committee pending a probe into suspicious stock trades he made before the Covid-19 crisis hit US markets. Senate Majority Leader Mitch McConnell said Thursday that Burr had contacted him to say he would not […]
Richard Burr The FBI seized Senator Richard Burr’s (R-NC) phone Wednesday evening in connection with the federal probe into his stock trades. The LA Times reported Federal agents seized a cellphone belonging to a prominent Republican senator on Wednesday night as part of the Justice Department’s investigation into controversial stock […]
The Disconnect Between The Stock Market And The Real Economy Is Destroying Our Lives By Hamilton Nolan, In These Times. May 6, 2020 The Disconnect Between The Stock Market And The Real Economy Is Destroying Our Lives2020-05-062020-05-06https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/05/flag-e1588772485950.jpg200px200px Above photo: The Fearless Girl statue stands nearly alone in front of the New […]