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The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.The United States stock market saw yet another positive close to Thursday’s market session as the Nasdaq Composite leads the gains after surging 1.03%, adding 140.47 points to 13,829.31.
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Bitcoin has “a lot of similarities” with gold, and consumer fears of the cryptocurrency being stolen are fading, according to a new report from a unit of the bond-rating and investment-index firm Standard & Poor’s.“Concerns of bitcoin theft were rampant a few years ago,” Jim Wiederhold, associate director for commodities
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The Dow Jones has gained 5.8% this year while the S&P 500 has rallied 14.8% and the Nasdaq Composite comes off with the biggest pump with a 42.2% surge.The news emanating from the United Kingdom has resulted in a plunge in the US stock market as shown in the Dow
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Its daily peak users surged significantly with a report showing an unprecedented growth from 10 million users in December 2019 to 100 million users in April 2020.Zoom Video Communications Inc (NASDAQ: ZM), a video conferencing company is set to make waves with its stocks in the coming year following its upcoming
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Tesla stock closed at $695 on Friday which shows a 5.96% growth.The shares of electric auto behemoth Tesla Inc (NASDAQ: TSLA) has recorded new highs as index funds accumulate the shares ahead of its listing on the S&P 500 Index (INDEXSP:.IXP) on Monday, December 21. As noted by Investors.com, the
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Financial data provider S&P Global, Institutional Asset Manager State Street and CPA.com, are part of a $15 million investment in blockchain data company Lukka.Robert Materazzi, Lukka CEO, told Coindesk in an interview that the three firms participated in Lukka’s series C funding., while State Street is no stranger to blockchain,
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Financial data giant S&P Global and institutional asset manager State Street Corp. are headlining a $15 million investment in Lukka, the blockchain data startup set to power the upcoming cryptocurrency indices from S&P Dow Jones.CPA.com, the for-profit arm of the American Institute of Certified Public Accountants (AICPA), also participated in
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The growth of Tesla is reflected in the surge in the company’s stock price. At the moment, Tesla is up 4% in the pre-market.Following the inclusion of the stock of Tesla Inc (NASDAQ: TSLA) to the S&P 500 (INDEXSP: .INX) index as announced back in November, the stock is set
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Bitcoin has undergone a strong 50% rally over the past 30 days. The leading cryptocurrency traded as high
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Bitcoin has for several months now, captured the crown for 2020 as the most profitable mainstream asset of
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