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“Tesla stock hits 2-year low after Elon Musk sells $4B shares” Tesla shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk disclosed he sold another $3.95 billion worth of shares in the electric-vehicle maker. Shares ended down 7.2% at $177.59, the lowest level since Nov. 23, 2020. Musk’s latest share…
“Disney shares hit lowest level in 2 years after streaming losses” Shares in Walt Disney tumbled 13% to the lowest since March 2020 on Wednesday, as ballooning costs at the entertainment giant’s fast-growing streaming division cast a shadow on strong subscriber additions. Disney+ has attracted millions of subscribers and will launch an ad-supported tier next month, but executives’ promise…
” Is Bitcoin bullish or nah? Here is what is really going on with BTC price “ Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve. Apparently, such a move would prove that the Fed’s only available option is to print into oblivion,…
“Dow surges after Fed hints at smaller rate hikes” US stocks tumbled on Wednesday, reversing earlier gains after the Federal Reserve raised interest rates by 75 basis points but signaled that smaller rate hikes may be on the horizon. The Dow had jumped more than 300 points but fell more than 200 points after Fed Chair Jerome…
” Singapore bank DBS uses DeFi to trade FX and state securities “ DBS Bank, a major financial services group in Asia, is applying decentralized finance (DeFi) for a project backed by Singapore’s central bank. DBS has started a trading test of foreign exchange (FX) and government securities using permissioned, or private, DeFi liquidity pools,…
” Crypto exchange Coincheck plans Nasdaq listing in July 2023 “ Japanese cryptocurrency exchange Coincheck has confirmed plans to pursue a public stock offering in the United States through Nasdaq — a move that would give the company access to the country’s lucrative capital markets. In documents filed with the U.S. Securities and Exchange Commission…
“Elon Musk completes $44B Twitter takeover, begins firing execs” Elon Musk finally completed his $44 billion Twitter takeover deal, firing the company’s CEO and financial chief and ending a lengthy tug-of-war with its board of directors just before a key deadline, according to a source close to the situation. Musk took the struggling social network…
” Why is Bitcoin price up today? “ Bitcoin price is up today, and a market-wide rally in crypto prices suggests that BTC and Ether (ETH) could be aiming to wrap up the month of October in the black. As of October 26, 2022, most major cryptocurrencies are posting single-digit gains. Bitcoin recorded a 5.15%…
” Friday after-work drinks with Twitter’s new owner Elon Musk, who’s in? “ Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Friday, Oct. 28 which brings to a close the protracted Musk-Twitter saga. On Oct. 24 Musk vowed to the banks assisting with the roughly $13 billion…
” Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now…