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Microsoft Partnership and Buyback Announcements Send Sony Shares Soaring to New Highs
17.5.2019
When it comes to large corporations like Sony, a lot of effort needs to be made in order to send its shares soaring, and that is what happened yesterday as the company made some major announcement. While stock buybacks have been the flavor of the season for many of the biggest corporations in...
Chinese Giant Baidu Records First Quarterly Net Loss Since Listing, Stock Dips
17.5.2019
The fact that Google and many other tech giants are not allowed to ply their trade in China has proven to be a huge book for local tech companies, and over the years, many of those homegrown companies have gone on to become behemoths in their own right. The primary reason behind that hyper-growth...
Amazon or Bitcoin: Who is Spawning More Wealth?
16.5.2019
Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. Amazon went public on 15 May 1997, 22 years ago today. When Amazon first went public in 1997, its stock was priced at just $18 per share. But in the 20-plus years...
Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit
16.5.2019
When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...
Warren Buffett’s Berkshire Hathaway reveals its Gigantic Stake in Amazon
16.5.2019
Warren Buffett is one of the most successful investors in history and over the years, he has been known to make large bets on companies that he believes in, and eventually, he ends up holding them for years. However, at the same time, Buffett is also known to have strong opinions about stocks...
Asian Stocks Show Upward Trend as Trade War Worries Ease
15.5.2019
The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...
Senior SEC Official Amy Starr: Securities Laws Are ‘Written to Be Dynamic’
14.5.2019
Securities laws are “written to be dynamic,” a senior SEC official has said, expressing the regulator’s willingness to interact with crypto players to develop better regulation
Bitcoin Breaks $8,000 for First Time Since July 2018, Stocks and Oil Report Losses
14.5.2019
Bitcoin passes $8,000, while some top 20 cryptocurrency assets report double-digit gains
Germany’s Second-Top Exchange Börse Stuttgart Lists Ripple and Litecoin-Based ETNs
13.5.2019
Germany’s second-top stock exchange Börse Stuttgart launched trading of XRP and LTC-based exchange-traded notes
Markets Update: Crypto Bulls Outpace Stocks and Gold
11.5.2019
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over...
Uber Sets $82 billion As Floating Price of the Company
11.5.2019
Uber, the ride-hailing company has valued its initial public offering at the New York Stock Exchange at $82.4 billion which is the lower end of the target range. The company is hoping to not make the same mistake as its competitor Lyft which had priced its shares at $72 for a share, but its price...
Crypto Markets Turn Red After Binance Hack, US, EU Stocks Steady as Asian Equities Falter
8.5.2019
Crypto markets have evidently tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance
Nasdaq-Powered EU Digital Exchange DX Adds Tokenized ETFs
6.3.2019
EU-regulated digital trading platform DX.Exchange adds tokenized ETFs to its services