NFT Art Sales Reached All-Time High of $8.2M in December
With sales of physical art down because of the pandemic, NFT-based artworks have taken off in 2020. Source
Read More
Sales
2020 Black Friday Online Shopping to Hit Record Sales as Shoppers Skip Stores
The stricter social distancing norms and COVID-19 restrictions have pushed shoppers to turn online this holiday season. Adobe is expecting the biggest single-day sales ever in history during Cyber Monday.The coronavirus pandemic has changed consumer behavior and online retailers have benefitted the most from it. The latest data from Adobe
Read More
Macy’s Stock Shrinks as Firm Reports 20% Drop in Same-Store Sales
At the time of writing, Macy’s (M) stock is trading at $8.90 which means that it is 1.06% down.The stock of popular American Department store Macy’s Inc (NYSE: M) plummeted in the pre-market following the release of the company’s third-quarter 2020 results which shows a 20% decline in same-store sales.
Read More
SEC Finalizes Rule Change That Could (One Day) Juice Token Sales
Companies can now raise more money under three key securities exemptions without having to register with SEC. Source
Read More
Amazon Q3 Revenue Climbed 37% as COVID-19 Sales Tripled Its Profits
Such a surge in Amazon’s revenue resulted from the coronavirus pandemic that made people stay at home and order online instead of doing shopping in stores. The leading e-commerce retailer Amazon.com Inc (NASDAQ: AMZN) has announced financial results for Q3 that ended September 30, 2020. Due to a surge in online
Read More
Panxora Digital Ventures Launches Innovative Hybrid Seed Funding Solution For Blockchain and Cryptocurrency Token Sales
Panxora Digital Ventures has launched its hybrid seed funding solution to revive the sluggish capital market for emerging Blockchain token projects. The companies’ hybrid model creates
Read More
Housing Market Completes Comeback With Pending Home Sales
Demand for homes is high, as shown by strong growth in pending home sales. Low inventory could hinder further sales growth. It has never been more expensive to buy a home in the US. The U.S. housing market shows no sign of slowing this summer. Buyers continue to show strong demand as mortgage
Read More
AAPL Stock Dips But iPhones Sales Steady Amid Global Decline
The shares of Apple (AAPL) saw a slight dip on Tuesday despite a report showing that iPhones sales have been steady amid global decline from competitors.The shares of Apple Inc (NASDAQ: AAPL) saw a slight dip on Tuesday despite a report showing that iPhone sales have been steady amid global
Read More
Nvidia Files Motion to Dismiss $1B Class Action Over Crypto GPU Sales
Major manufacturer of graphics processing units (GPUs) and computing hardware Nvidia has filed a motion to dismiss a proposed class-action lawsuit alleging that the firm misrepresented more $1 billion in sales during 2017 and 2018.In addition to its popular ‘GeForce’ and ‘GTX’ products — favored by both gamers and crypto
Read More
Bitcoin Expects to Hit $9,800 on Strong Retail Sales Data; Here’s Why
Bitcoin expects to extend its recovery rally towards $9,800 as the U.S. futures grows further.Both Bitcoin and the U.S. stocks have fallen and risen in tandem since the beginning of this week.Expectations of a strong retail sales report could push equities higher, assisting Bitcoin in logging similar upside moves towards
Read More