In this article LYFT NXPI TSLA SNAP A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City, New York, Jan. 27, 2021. Nick Zieminski | Reuters Check out the companies making headlines after the bell on Monday: Tesla — Shares of the electric vehicle maker slipped 1%
Tesla Motors sold a portion of its Bitcoin (BTC) holdings in the first quarter of 2021, generating net proceeds of $272 million, the electric vehicle maker reported Monday. In a 30-page slide deck accompanying its quarterly financial results, Tesla noted a $101 million “positive impact” as a result of its Bitcoin sale: “Year over year,
Shane Dulgeroff had big plans for his four-bedroom, two-bathroom house just outside of Los Angeles. Seeking to cash in on latest crypto craze—NFTs, an acronym for nonfungible tokens—he listed the home for auction earlier month by attaching it to a piece of Kii Arens digital artwork and putting the bottom price for the pair at
During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone, in South Korea, the premium on bitcoin climbed 4.56% higher than
As the U.S. economy recovers from the disruption and damage of Covid-19, the Internal Revenue Service is struggling through a filing season unlike any other in history. The agency is under tremendous strain thanks to the enormous extra burden associated with sending out three rounds of stimulus checks; coping with other pandemic-related changes to the
Nevada Gov. Steve Sisolak is slowing a proposal he floated in his State of the State speech in January to allow tech companies to create autonomous “innovation zones” similar to county governments. Sisolak had been drafting legislation that would have allowed a company called Blockchains LLC to form its own municipal government on 67,000 acres
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – To overcome infrastructure challenges that could hamper fuel cell electric vehicle adoption, Umicore and Anglo American Platinum announced a research
Millions of Americans are trying to survive from month to month on stagnant or declining wages at a time when Biden’s economic policies have caused the cost of living to soar… by Michael Snyder of The Economic Collapse Blog The Biden administration and the corporate media insist that we are witnessing an “economic recovery”, but
Financial markets refer generally to any market where the buying and selling of securities takes place. Some examples of financial markets include the stock market, the bond market, and the commodities market. Financial markets can be further broken down into capital markets, money markets, primary markets, and secondary markets. Let’s take a closer look at three of
China’s market regulator has opened its second-ever antitrust investigation into a domestic tech giant, targeting Meituan, the takeaway delivery and lifestyle services platform, in an escalation of its crackdown on big internet companies. The investigation, announced on Monday, comes two weeks after the same body fined Alibaba a record $2.8bn after concluding that the ecommerce
Welcome to Business School Briefing. We offer you insights from Andrew Hill and Jonathan Moules, and the pick of top stories being read in business schools. Edited by Wai Kwen Chan and Andrew Jack. Noticeboard The next newsletter will be emailed on May 4, Tuesday, due to a national holiday in the UK on May 3. The Global
Shares of Shattuck Labs, Inc. (STTK) have declined sharply so far this year, with losses hovering around 43%. However, STTK might present an unmissable opportunity, as some factors indicate it could climb again. Headquartered in Austin, Texas, Shattuck is a clinical-stage biotech that develops therapeutics for the treatment of patients suffering from cancer and autoimmune
Take a look at some of the biggest movers in the premarket: Albertsons (ACI) – The grocery store operator came in 9 cents a share ahead of consensus, with quarterly profit of 60 cents per share. Revenue also beat estimates. Albertsons predicted comparable sales for the current fiscal year falling between 6% and 7.5%. The
The demand for cryptocurrency exceeded PayPal’s initial expectations after the firm launched crypto trading in late 2020, according to the company’s CEO. “Demand on the crypto side has been multiple-fold to what we initially expected. There’s a lot of excitement,” PayPal president and CEO Dan Schulman said in a Sunday interview with Time magazine. Schulman
The Immigrant Investor Program, known by its abbreviated moniker EB-5, has over its three-decade existence grown into a critical source of investment in U.S. development projects. It has generated more than $41 billion in capital investment, saving and creating more than 820,000 U.S. jobs. This powerhouse of an economic development program is capable of immensely
press release PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Showcase Token (SHO) under the pair USDT/SHO on Apr 28 at 1:00 p.m. UTC. Showcase is an NFT mobile application designed to empower micro-influencers and fans. It provides a
Even as they exhaled on their Zoom cameras, members of Philadelphia’s budget team winced as one over what could have happened without a fresh infusion of federal rescue aid. “We were looking at a very ugly budget,” finance director Rob Dubow told reporters at an online briefing one day before Mayor Jim Kenney released his
By Sethuraman N R (Reuters) – Gold prices held firm on Monday, supported by a weaker dollar ahead of the U.S. Federal Reserve’s meeting this week, while supply worries kept palladium near record highs hit in the previous session. Spot gold was up 0.1% at $1,779.73 an ounce by 0931 GMT. U.S. gold futures rose
The deep state demons are quite literally manufacturing an extinction level event… Dane Wigington with Sean on SGTreport NOTE: at 6:44 the name is Amy Goodman, I’m not sure why there was a glitch there The deep state demons are quite literally manufacturing an extinction level event. The founder of GeoengineeringWatch.org Dane Wigington joins me
There are many different options when it comes to life insurance policies, ranging from comprehensive whole life to limited-term policies. While term policies are usually the cheapest form of life insurance, whole life policies offer a number of benefits that policyholders may want to consider, including a guaranteed death benefit, predictable premiums over time, and
Ayo and his wife left their friends’ house in Akure early. They had received a warning that bandits had attacked somewhere along the two-hour stretch of rural highway home, and they wanted to get there before dark. Just over an hour into the drive through southwestern Nigeria, they crossed a police checkpoint where officers and
London’s Wembley stadium welcomed 8,000 fans to watch Manchester City beat Tottenham Hotspur in the English Football League’s Carabao Cup final as part of a UK pilot scheme that aims to test how live events can safely help fans return. The northern club took the cup home with a 1-0 defeat of its London rival.
In the biopharma space, innovation can come in unexpected ways. It is not unusual for a once discarded candidate to be given life again and find success in a new indication. The most famous example is Viagra, a doomed anti-hypertension treatment that found tremendous commercial success as a therapy for erectile dysfunction. Provention Bio (PRVB)
by Michael Snyder The Biden administration and the corporate media insist that we are witnessing an “economic recovery”, but it sure doesn’t feel like any sort of a “recovery” for America’s working poor. Tens of millions of working Americans are trying to survive from month to month on stagnant or declining wages at a time
Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay. In an April 26 report, Reuters revealed that six of China’s largest banks are promoting China’s nascent central bank-issued digital currency, or CBDC, in Shanghai ahead of
Corcoran is growing its luxury real estate brand through franchising. The name Corcoran is long synonymous with luxury real estate. Founded in 1973 by Barbara Corcoran the brokerage firm originally served New York City, the Hamptons, and South Florida. Today it is part of the Realogy group of real estate companies. In 2002 Barbara Corcoran
sponsored Today, April 26th, 2021, the virtual gallery of OVR.ai was inaugurated to showcase artists working with non-fungible tokens (NFT) and beyond. Considering the hype around the NFT phenomenon this year and also given that the Coronavirus pandemic prevents most artists from exhibiting works in museums and participating in exhibitions, as well as also people
The problem with financial literacy is that it gets off on the wrong foot. The very moniker is condescending, implying that those it serves are financially illiterate, that they have no idea whatsoever how to use money. Thus, in addition to condescension, we must add inaccuracy to the list of financial literacy’s foibles, because having
A bipartisan group of senators reintroduced a direct-pay bond bill to help finance infrastructure, garnering support from municipal bond groups. Sens. Roger Wicker, R-Miss., and Michael Bennet, D-Colo., reintroduced their American Infrastructure Bonds Act of 2021, that would create a new class of direct-pay taxable bonds to help fund infrastructure. The concept is broadly similar
(Kitco News) Gold attempted to tackle the $1,800 an ounce this week — a level, which once breached, could help get the precious metal above $1,900 an ounce, according to analysts. Even though the attack on $1,800 was unsuccessful for now, analysts remain optimistic on gold’s near-term price direction. The positive outlook is largely due