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“# SBI Holdings subsidiary continues XRP benefit program ” Morningstar, a financial information services subsidiary of Japanese financial giant SBI Group, will continue its XRP shareholder benefits program. According to an official announcement Friday, Morningstar has approved year-end shareholder benefits in the form of XRP. The new dividend payout option comes as part of the…
“#GameStop stock tumbles after wild six-day rally” GameStop’s six-day winning streak looked poised to end Thursday as Reddit’s favorite meme stock shook off some of its recent volatility. The video-game retailer’s stock price moved like a roller coaster in early trading before settling into the red in the early afternoon. The shares clawed back an…
“#GameStop stock extends win streak into sixth day” GameStop shares tried to hang onto a sixth straight day of gains Wednesday as the mother of all meme stocks took investors on yet another wild ride. The video-game retailer’s stock price exploded as much as 41 percent to $348.50, a level not seen since the unprecedented retail trading…
“#Tech stocks rebound as Nasdaq jumps over 3 percent” US stocks advanced on Tuesday, with the Nasdaq jumping over 3 percent to recoup its losses in the previous session as US bond yields retreated and investors picked up battered technology stocks. Among the biggest boosts to the S&P 500 and the Nasdaq were Tesla, Apple,…
“#Stocks surge, tech lags after Senate clears stimulus bill” The Dow Jones industrial average crossed the 32,000 mark for the first time to hit a record high after the Senate cleared a stimulus bill to boost the economy’s recovery from the coronavirus crisis. The blue-chip index climbed more than 2 percent, or 651.74 points, on…
“#Stocks rise after David Tepper says market getting ‘safer’” US stocks bounced Monday after billionaire hedge-fund titan David Tepper appeared to shrug off recent turmoil in the bond market, which has been linked to concerns that increased federal stimulus spending will spur inflation. The Dow Jones industrial average climbed as much as 420.81 points, or…
“#Elon Musk’s fortune loses $27B as Tesla stock plunges: report” Tesla chief Elon Musk’s fortune reportedly shrank by $27 billion last week as the electric-car maker’s staggering stock rally was thrown into reverse. Musk suffered the hefty paper loss between Monday and Friday as a selloff in big tech stocks drove Tesla’s share price down…
“#GameStop stock surges as investor Ryan Cohen takes on bigger role” GameStop’s stock price soared Monday as the the struggling video-game retailer revealed that activist investor Ryan Cohen had taken charge of its turnaround. Shares in the Texas-based chain jumped 11 percent to $153.00 in premarket trading as of 8:35 a.m. after it announced that…
“# This trading platform has a novel approach to welcoming new users ” A fully regulated brokerage with more than 100,000 users globally has introduced a novel way of welcoming new customers to its platform. Quantfury says users who invite their friends to join the platform will receive stock or cryptocurrency as a reward —…
“#Virgin Galactic shares plummet after chairman dumps $213M stake” Virgin Galactic’s stock took a nosedive Friday after chairman Chamath Palihapitiya cashed out his personal stake for about $213 million. Shares in Richard Branson’s space-exploration firm tumbled 21 percent to a low of $23.95 after Palihapitiya, a prominent venture capitalist, revealed that he dumped the last…