(Bloomberg) Shares of Sony Group Corp. plunged 13% on Wednesday, wiping out $20 billion of value following the $69 billion Microsoft deal for Activision Blizzard Inc. The 13% fall in…
(IEA) The International Energy Agency has raised its demand forecast for oil in 2022 by 200,000 barrels a day to 3.3 million bpd, citing growing Covid-19 vaccinations and the low…
(Dailyhodl) Third-ranked Ethereum whale named Light has spent over $128 million in a spreading spree that includes Decentraland’s token MANA and Sandbox’s SAND. The whale acquired 642,999 tokens of Decentraland’s…
(BeinCrypto) Tech giant Intel is set to unveil a new chip, the “Bonanza Mine” processor, when the International Solid-State Circuits Conference kicks off on February 20. The new chip, which…
(ONS) Inflation in the United Kingdom rose 5.4% in the 12 months that ended December 2021, the highest on record since March 1992. At 5.4%, the annual inflation is higher…
(New York Fed) The New York State posted an unchanged manufacturing activity in January, with the general business conditions index down by third-three points to the negative territory of -0.7.…
(Markets Insider) JPMorgan strategist says Ethereum’s share of the non-fungible token trading is now around 80%, down from 95% at the start of 2021 as investors move to other networks.…
(Goldman Sachs) Shares of Goldman Sachs fell more than 4% on Tuesday as the company reported a fourth-quarter profit of $3.94 billion or $10.81 a share, down 13% from last…
(Microsoft) Microsoft is close to reaching a deal to acquire Activision, the video game maker behind the “Call of Duty” franchise, the company’s largest-ever takeover. The acquisition will accelerate the…
(Invesco) Investment giant Invesco says S&P 500 returns in the next ten years will be limited, pointing to the Shiller PE ratio reading above 38, which suggests that the market…
(Reuters) Starbucks has partnered with China’s leading food delivery entity Meituan for the distribution of coffee as it seeks to grow Covid-19 hit sales in its second-biggest market. Chinese consumers…
(ONS) UK employment for the September to November quarter 2021 was 75.5%, up by 0.2 percentage points. The number of employees on payrolls in the last month of the year…