Biotech Firm ABVC BioPharma Soars Up to 930% on Retail Frenzy
(Bloomberg) Shares of small biotech firm ABVC BioPharma Inc. rose as much as 930% in premarket trading on Monday before shedding gains to below 300% on retail frenzy. ABVC attracted…
Harley-Davidson Soars as US and EU Moves to Ease Trump-Era Metal Tariffs
(CNBC) Shares of motorcycle maker Harley-Davidson rose as much as 9.4% in premarket on Monday after the US and European authorities agreed to ease aluminum and steel tariffs. The EU…
GameStop’s Collaboration With Loopring’s NFT Marketplace Could Launch in Q4 2021
(GMEdd) Loopring’s public GitHub repository has revealed that the GameStop’s NFT marketplace in collaboration with Ethereum could be underway. GMEdd shared GameStop’s latest NFT job listings, with Web 3.0, NFT…
UK Manufacturing Improves Marginally in October but Supply Bottlenecks Persist
(IHS Markit) UK posted a manufacturing PMI of 57.8 in October, a slight improvement from 57.1 in September and the first expansion in five months. New orders expanded but were…
Xpeng Deliveries Jump 233% YoY in October
(Xpeng) Vehicle deliveries by Chinese electric vehicle maker Xpeng Inc. rose 233% in October 2021 from the prior year to 10,138. Out of the total deliveries, 6,044 consisted of P7s,…
AMC Flaunts the Idea of Including Shiba Inu as a Payment Option
(Twitter) Movie giant AMC Theatres is exploring the idea of adding Shiba Inu to its payment options for tickets and concession stand purchases. In a Twitter poll, CEO Adam Aron…
Consumer Sentiment Improves Marginally From Mid-Oct. to Remain Below September
(University of Michigan) US consumer sentiment index rose by only 0.3 points from mid-October level to 71.7, remaining 1.5% below last month. Consumer sentiment is now 0.1 points above the…
Personal Incomes Fall by 1.0% in September as Government Support Wanes
(BEA) US personal incomes fell by 1.0% or $216.2 billion, reflecting a decline in social benefits provided by the government. Disposable personal incomes fell by 1.3%, or $213.9 billion. Real…
Exxon Back Into Profit as Earnings Jump by $7.4 Billion in Q3 2021
(ExxonMobil) Exxon Mobil reported $6.8 billion profit or $1.57 per diluted share earnings in the third quarter of 2021, an increase from a loss of 680 million or -$0.15 per…
Volvo Stocks Surges 22% to a Market Cap of $23B in an IPO
(FT) Volvo Car shares rose 22.1% after an initial public offer to a market capitalization of about $23 billion from $18 billion. The new capitalization missed an earlier estimate of…
Investor Makes $5.7B From $8,000 Investment in Shiba Inu in Biggest Individual Trade
(Markets Insider) An investor reportedly made about $5.7 billion after buying $8,000 worth of Shiba Inu coins immediately after its debut. The trades started in August 2020, with the investor…
Euro Area Posts a Higher 4.1% Jump in Inflation in October
(Eurostat) Annual inflation in the euro area was 4.1% in October, the highest since 2008, beating, and beating17.6% increase in September. Services led to a 2.1% increase in inflation compared…
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