Apple Pays Unusual $180,000 Bonuses in Talent War With Meta
(Bloomberg) Apple Inc surprisingly issues massive stock bonuses to some engineers in a bid to retain talent, looking to prevent defections to tech rivals such as Facebook parent firm Meta…
Evergrande Announces Resumption of Construction on 91.7% of Projects
(Reuters) China Evergrande Group reported in its Wechat account that 91.7% of its Chinese projects had resumed construction after three months of struggle. Company Chairman Hui Ka Yan promised in…
Shares of FuelCell Energy Plunge 12.44% After Q4 Loss Misses Estimate
(FuelCell Energy) FuelCell Energy Inc posted a loss for the fourth quarter, reflecting increased expenses and missed Wall Street estimates. The Danbury-headquartered company posted a loss of $24.98 million or…
ProShares Seek SEC Approval for a New Metaverse ETF
(Blockworks) ProShares has filed with the SEC to trade a metaverse-based ETF that would monitor the performance of the Solactive Metaverse Theme Index. The Solactive Metaverse Theme Index (SOMETAV), largely…
Bitcoin Google Searches Sank to Yearly Low in Dec. on Likely Fading Retail Interest
(CryptoPotato) Retail interest in the world’s biggest cryptocurrency seems to be waning as the global Google searches for Bitcoin have plunged to yearly lows, as NFT queries soar to a…
BaFin Fines Deutsche Bank $9.8M for Control Issues of Euribor Reference Rate
(Bloomberg) Germany’s finance regulator fined Deutsche Bank AG 8.66 million ($9.8M) over its actions in submissions for Euribor, a reference rate, which affected the industry. In a statement, BaFin noted…
A $354M Turkish ETF, TUR Receives Biggest Daily Inflow of $25M Since 2018
(Bloomberg) An exchange-traded fund (ETF) comprising of Turkish stocks posted its biggest daily inflow in over three years last week. The $354 million iShares MSCI ETF also referred to as…
Tesla Is Poised to Soar 30% in 2022 on Robust Chinese Demand, Says Wedbush
(Bloomberg) Tesla Inc is in a solid position heading into next year, with sound drivers including growing Chinese demand and new factory openings in the US and Germany. In a…
Oil Prices Climb to One-Month High as Worries Over Omicron Recede
(Reuters) Oil prices expanded gains on Tuesday, with Brent crude trading close to $80 per barrel despite the increased spread of the Omicron variant, attributable to supply outages. Brent crude…
US Congress Proposed 35 Bills in 2021 Related to Crypto Regulation and Consumer Protection
(Beincrypto) The United States Congress came up with 35 crypto-related bills in 2021, more so related to overall regulation, blockchain technology, and consumer protection. In 2021, the industry saw a…
Nio Hints at US Expansion, Posts San Jose Job Vacancies
(Electrek) Chinese carmaker Nio is gearing to expand into the United States, based on job postings on professional network platform LinkedIn. Nio Vice President for Business and Corporate Development Saurabh…
Microbot Stock Gains Over 71% on Stryker Collaboration for a New Robotic System
(Microbot Medical) Shares of Microbot Medical Inc. rose more than 71% after the company entered into a deal with Stryker Corporation for the development of a new robotic system for…
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