Bitcoin Shows High Volatility Over the Weekend
The crypto market went back and forth over the weekend, alternating between upward and downward trends. Over the past 24 hours, the majority of the top 10 were in the …
August 24, 2020: US, Europe, and Asian Equities Quick Review
US equities bounce back of better-than-expected economic data. IHS Markit Purchasing Managers Indexes (PMI) for manufacturing and services increased in August to 53.6 and 54.8, respectively. European equities weakened as …
Jul 27, 2020: US, Europe, and Asian Equities Quick Review
DJIA The Dow Jones Industrial Average (INDEXDJX: DJI) or DJIA closed at 26,469.89 (-0.68% DoD) S&P 500 Standard and Poor or S&P 500 closed at 3,215.63 (-0.62% DoD) MSCI Europe …
July 16, 2020: US, Europe, and Asian Equities Quick Review
DJIA The Dow Jones Industrial Average (INDEXDJX: DJI) or DJIA closed at 26,870.10 (+0.85% DoD) S&P 500 Standard and Poor or S&P 500 closed at 3,226.56 (+0.91% DoD) MSCI Europe …
July 14, 2020: US, Europe, and Asian Equities Quick Review
DJIA The Dow Jones Industrial Average (INDEXDJX: DJI) or DJIA closed at 26,085.80 (+0.04% DoD) S&P 500 Standard and Poor or S&P 500 closed at 3,155.22 (-0.94% DoD) MSCI Europe …
Tesla Suffers Another Quarterly Loss
Electric car pioneer Tesla reported that it has suffered its 13th straight quarterly loss from increased spending on its vehicle and battery factories. The loss comes amidst the announcement of …
AIG Plans to Buy Back Shares Worth $3 Billion
American International Group (AIG) continues to fight against calls for the firm to break itself up by planning to buy back $3 billion worth of its shares. After three consecutive …
Uber Yields China Business to Rival Didi Chuxing
Uber’s stint in China may have just ended after it agreed to sell its business to its fiercest rival: Didi Chuxing. The local taxi app controls 87% of the Chinese …
Softbank Acquires ARM Holdings for $32 billion
Japanese telecom corporation Softbank has closed one of the biggest acquisitions in the tech industry with its $32 billion buyout of U.K.-based ARM Holdings (ARM) this week. The U.K. semiconductor …
LINE Generates Largest Tech IPO by Selling Stickers
LINE, a popular Japanese messaging app is set to release the biggest tech initial public offering (IPO) this year. LINE is known for its oversized stickers that feature adorable characters …