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,…
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…
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 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…
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. …
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…
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…
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…
Republicans have rejected a move by President Biden to raise taxes to fund a $2.3 trillion infrastructure plan, according to the Wall Street Journal. In a meeting at Capitol Hill,…
Fundstrat’s head of research Tom Lee expects stocks to turn bullish based on recent movements of two fear signals, according to Markets Insider. Cboe Volatility Index or VIX and NYSE…
Bumble Inc.’s shares are almost down 38% since February 11 debut while its stock remained flat on Wednesday after reporting Q1 results. According to the Wall Street Journal, Bumble is…
The market value of cryptocurrencies dropped from $2.43 trillion to about $2.06 trillion after Tesla’s Elon Musk suspended car purchases using bitcoin, CNBC reports. Musk cited environmental issues in bitcoin…