China’s Retail Sales Surge at a Below Estimate Rate of 17.7%
China recorded a 17.7% growth in retail sales in April from last year, according to the National Bureau of Statistics press release. The growth was below the expected 24.9%, a…
Elon Musk Sends Bitcoin to a 3-Month Low with Latest Comment
Bitcoin plunged to the lowest since February after Tesla CEO Elon Musk said the company may sell its crypto holdings. The world’s largest crypto currency traded at $45,270 as of…
Coinbase Plays Catchup in Latest Move to Add Dogecoin, other Cryptos on its Platform
Coinbase will add dogecoin to its platform in the next six to eight weeks, according to the Financial Times. CEO Brian Armstrong says the move aims to catch up with…
Fed’s Move to Calm Inflation Fears Sends Global Stocks Higher
Global stocks joined the US futures in Friday climb after Fed calmed inflation fears saying the consumer price increase is only transitory, Markets Insider reports. S&P 500 ticked 0.46% higher,…
Hyundai on a $7.4 Billion U.S Investment to Boost Future Mobility
Hyundai Motor Group plans to invest $7.4 billion in the U.S by 2025 to enhance future mobility technologies, according to the company’s press release. The investment will boost future EVs,…
$335 Billion Volume Was Traded on Coinbase in the First Quarter
Crypto exchange Coinbase reported in their press release that about $335 billion volume was traded on its platform in the first quarter. The exchange controlled $223 billion worth of assets…
Race for Chip Making Control Hots up as South Korea Plans a $450 Billion Facility
South Korea is planning on spending $450 billion for the world's largest chipmaking firm, according to Bloomberg. Korea will join the likes of China and the US in an effort…
JPMorgan Among Banks to Extend Credit to People with No Credit Scores
JPMorgan is among large U.S banks in a government-backed plan to offer credit to people without credit scores according to the Wall Street Journal. The banks plan on sharing information…
Chamath Palihapitiya, the SPAC Mogul Who Thinks Outside the Pack
SPAC king has raised more than $4 billion in blank-check listings following his initial success in a merger with Virgin Galactic, which tripled after four months of trading, Bloomberg reports. …
Ether Co-Creator Buterin Donated $1B to India Covid Fight in Memecoin Shiba Inu
Ethereum network pioneer Vitalik Buterin sent about 50.7 trillion Shiba Inu to an Indian Covid-Crypto Relief Fund, reports the Wall Street Journal. The amount, then more than $1 billion, follows…
Jobless Claims Get Closer to Pre-Pandemic Levels with a 34,000 Tumble
U.S jobless claims for the week ending May 8 was 473,000, down 34,000 from the previous week, according to the Department of Labor press release. The jobless claims were the…
Xpeng’s Deliveries Jump 487.4% as Revenues Surge 616.1% YOY
Electric carmaker Xpeng delivered 13,350 vehicles in Q121, up 487.4% from the comparable period of 2020, according to the company’s press release. First quarter deliveries were a 2.9% jump from…
- 1
- 2
- 3
- 4
- …
- 71
- Go to the next page