Palantir stock price is moving higher these days being boosted by the announcement about the company’s new partnership.
Tesla has joined the league of companies with Bitcoin as treasury reserve, becoming the first S&P 500 company to purchase digital assets.
Stating that competition among crypto exchanges “is light,” the analysts suggested that Apple may be the solution to challenges in the crypto space.
Tesla’s Bitcoin purchase has provided Bitcoin the much-needed catalyst to break past all resistance and hit a new all-time high at $47,500. With over a 22% rally in the last 24-hours, BTC overtakes Tesla’s valuations.
Wall Street’s rally has resulted mostly from investors’ bet on a new fiscal relief package and a global vaccine roll-out that could lead to a faster economic recovery.
Once Tesla accepts Bitcoin as a form of payment, it is expected to increase the demand for BTC to new heights that affects the market price directly.
Reddit’s huge bet might have been viewed as too risky but the company’s popular logo that was visible at the bottom of the ad made all the difference.
Tencent has, however, vehemently denied the claims by ByteDance and said they are only meant to cause defamation.
Using the services of Bitcoin storage, in a few years, you can expect a significant increase in your investment.
Thanks to the deal with Renesas Electronics, Dialog Semiconductor will leverage the high cash liquidity to boost its diversification strategy.
It now remains unclear what company Apple will seek as its next partner on the Apple Car.
At press time, AstraZeneca stock is at $50 in the pre-market trading, which shows a 0.54% increase over its previous close of $49.73.
It is yet unclear which industries Elliott Management may be looking to pitch tents with but the hedge fund’s SPAC is bound to be one of the biggest.
The pandemic and global restrictions have taken a heavy toll on shares of Booking Holdings. In January alone, BKNG shares tanked by 12.7%. One-month change makes up negative 8.11%. Year-to-date, BKNG stock is 5.87% down.
SoftBank’s blank-check firm SPAC has been attracting some market players and investors by helping companies to go public. The SPACs are backed by SoftBank Investment Advisers that oversees the company’s Vision Fund.