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U.S Stock Correlations Hit Levels Recorded Before Past Selloffs
S&P 500 index’s three-month realized correlation has fallen to just 0.16%, its lowest in a year and an extreme level in history,…
Roche Partners with Moderna Over COVID-19 Antibody Test
Roche has announced a partnership with Moderna to use its Elecsys Anti-SARS-CoV-2 S antibody test in Moderna’s mRNA-1273 vaccine trials, according to…
Polyus’s Siberian Gold Deposit Has World’s Largest Reserves
Sukhoi Log, located in the Irkutsk region of Siberia, has 40 million ounces of proven reserves with an average gold content of…
Alibaba Offers Discounts Galore in China’s First Post-Covid Singles’ Day Launch
Alibaba Group Holding Ltd kicked off its annual Single’s Day mega-shopping event on Wednesday, as the company seeks to cash on discount…
Analysis
Pinduoduo Inc. (NASDAQ: PDD) Is Likely to Sustain the Current Momentum
Overview Consumer-driven eCommerce is a new concept that a few entities are trying out, but Pinduoduo seems to have perfected it. PDD’s…
