Reddit doubled its valuation to $6 billion after raising more than $250 million, according to CNBC. The funding allows the company to make strategic investments in video, advertising, consumer products…
SpaceX has opened preorders for its Starlink satellite internet service to prospective users in the U.S, Canada, and U.K for $99, according to CNBC. The orders may take six months…
Miami Mayor Francis Suarez is working on a resolution seeking to put Bitcoin to the city’s balance sheet, according to Bloomberg. In a Twitter comment, Suarez said the matter would…
Blink Charging Co. share has gained more than 3,000% over the past eight months despite having never posted an annual profit in its 11-year history, according to Bloomberg. The green-energy…
Brent oil surged past $60 a barrel, boosted by supply cuts and expectations of fresh U.S economic stimulus measures, according to Reuters. U.S West Texas Intermediate gained 64 cents or…
Renaissance Technologies has witnessed at least $5 billion in redemptions since December 1, according to Bloomberg. The walkout comes after three funds open to the public fell by double digits…
Bitcoin rose 1.1% to $39,012 as of 9.57 a.m. in London after briefly surpassing $40,000 on Saturday. According to Bloomberg, Bitcoin’s rally is caused by growing concerns among investors on…
GameStop is missing on the ten most purchased stocks by retail traders during the market frenzy last month, according to CNBC. The statistics, released by JP Morgan, counter the prevailing…
On Wednesday the U.S Senate approved a budget resolution, allowing the passage of a $1.9 trillion coronavirus relief bill. According to CNBC, the House chamber will have to vote again…
Online brokerage app Robinhood has removed the temporary trading restrictions on all stocks, according to Reuters. GameStop's trading limit set at 500 shares and AMC's limit of 5,500 shares has…
Nordstrom expects its revenue to rise more than 25% in 2021 with about half of sales coming from its digital business, according to CNBC. The company plans to focus its…
PayPal added 16.0 million Net New Active Accounts (NNAs) in Q 4 2020, up 72% from the same period of 2019, according to the company’s press release. FY20 added a…