(Bloomberg) Alibaba Group shares rose more than 12% on Tuesday, a record rally since the Hong Kong listing, as investors piled into Chinese tech stocks on liquidity boost by the…
(WSJ) Tesla CEO Elon Musk feels the US electric vehicle industry does not need state support for the charging infrastructure. Musk, who says he would delete the proposed support for…
(Bloomberg) S&P Global Ratings says China’s move to cut the reserve requirements ratio adding liquidity to the economy, would not save its property developers already in a debt crisis. S&P…
(Cryptopotato) A Grayscale Investments survey found that 26% of American investors own Bitcoin, with up to 55% of the HODLers investing in the last 12 months The Bitcoin ownership reflects…
(Eurostat) The gross domestic product in the euro area rose by 2.2% in the third quarter, while the EU registered a lower 2.1% expansion. The GDP had increased by similar…
(Cointelegraph) About 28.8% of Australians own or have owned cryptocurrencies in 2021, an increase from 18.4% last year. The survey by the Independent Reserve’s Cryptocurrency Index survey, which involved 2,000…
(Bloomberg) Fundstrat head of digital-asset research Sean Farrell opines that the huge drop of Bitcoin and its slow recovery compared to its closest rivals such as Ether is related to…
(NBS) China registered a trade surplus of $71.72 billion in November, lower than the forecasted $82.75 billion and below $84.54 billion posted in October. China’s slowdowns in trade surplus reflected…
(Reuters) Shares of ride-sharing giant Uber Technologies rose more than 2.62% in premarket on Tuesday on talks with the Middle East unit Careem to bring onboard outside investors. The investment…
(Businesswire) News media company BuzzFeed traded up more than 40% after making a Nasdaq debut on Monday, December 6. The Nasdaq debut happened after BuzzFeed merged with blank-cheque company 5th…
(ConocoPhillips) Oil giant ConocoPhillips expects to return up to $7 billion to shareholders in 2022, an increase of 16%. ConocoPhillips forecasts an average oil production of 1.8 million barrels per…
(TechCrunch) Investors led by Sequoia Capital India and Steadview Capital are reportedly holding talks to back the Polygon network by purchasing tokens worth $50 million to $150 million. The purchase,…