The crypto market reactions are based on renewed interest from retail investors that is fueled by the incorporation of digital currencies in payments.
Moderna’s booster shots combined with new COVID-19 vaccine variant is capable of creating more antibodies especially against the Brazilian and South African variant. Moderna will soon publish tests of its trials online. Besides, all eyes are on its earnings reports releasing later today.
The US stock sell-off might have been compounded by the comments that the interest rates may need to be raised to prevent excessive load on the economy.
Initially, Tesla was planning to launch the production at Berlin Gigafactory in July 2021. However, now, because of battery issues and regulatory challenges, another date is set.
The year has been a positive one thus far for investors as the global market has grown remarkably.
Many companies are said to have shown interest in working with Forbes in its attempt to go public.
Coinbase will integrate data analytics from Skew to its platform to allow traders to track spot and derivatives markets in real-time.
The decision by ICE to offload its stake was strategic and came at a time when Coinbase reported Q1 revenue of $1.8 billion amid the ongoing crypto market boom.
As the report highlighted, Twitter’s total revenue in Q1 was up 28% ($808 million) year-over-year to $1.04 billion.
E-commerce giant Amazon reported stellar numbers in sales led by the pandemic-struck demand in online shopping. The company also reported a strong surge in its cloud computing business and Amazon Prime Video demand.
During the first quarter, Shell company managed to reduce its debt by $4 billion to $71.3 billion.
Although the Federal Reserve earlier mentioned continued inflation coupled with a recovering economy, the bank had decided to keep interest rates unchanged.
The surge in Facebook revenue in Q1 can be attributed to a 30% rise in the average price per advertisement.
Apple recorded a revenue of $89.58 billion in Q1 versus $77.36 billion expected by analysts according to a survey conducted by Refinitiv.
Microsoft revealed that revenue in the Intelligent Cloud increased by 23% to $15.1 billion.