Latest Market News
Even as the pandemic that wrecked its business flares up again, Airbnb is poised to make its public market debut this year. The company filed its long-awaited IPO paperwork Monday, revealing that it turned a profit of $219 million in the third quarter of this year, on $1.34 billion in revenue. By comparison, it made $227 million […]
The announcement that Tesla will enter the S&P 500 on Dec. 21 follows months of speculation, and one temporary setback, after the stock failed to make the cut during the index’s quarterly rebalancing in early September. The anticipation has helped drive a nearly fivefold rally in the stock this year to almost $390 billion, making […]
Asian stocks climbed with U.S. and European futures on Monday, buoyed by positive sentiment on regional trade and signs of opposition to a national American lockdown despite surging virus cases. The dollar fell. Stocks S&P 500 Index futures rose 0.8% as of 7:15 a.m. in London. The S&P 500 gained 1.4% Friday. MSCI Asia Pacific […]
Asian shares have opened lower as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamstrung by pandemic restrictions on travel and businesses. Reports of surging COVID-19 cases have had a sobering effect on markets that had advanced on hopes for a vaccine and […]
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced BitPay Send, a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors and others with cryptocurrency. Ideal for international and gig economy companies looking for a fast, efficient and secure way to send mass payouts, […]
New trademark applied for by Ripple Labs Inc The attentive Ripple enthusiast “Janna One Trick” has drawn attention via Twitter to a new trademark registration of Ripple. The trademark application was submitted on November 6, 2020 and is very similar to the trademark registered by PayID in June. Both the symbols and the literal description of the trademark are […]