Latest Market News

Oct 11
Coronavirus tally: Daily cases in U.S. fall below 40,000 for first time in 6 months; Japan travel restrictions are lifted

Japan welcomed a flood of tourists on Tuesday as pandemic-related travel restrictions in place for more than two years were lifted, the AP reported. The good news in Japan comes as the seven-day average for new COVID cases fell to 38,855 on Monday, down 26% from two weeks ago and the first count below the […]

Oct 11
SeaSpine stock soars after Orthofix merger deal at a near 38% premium

Shares of SeaSpine Holdings Corp. SPNE, +1.09% soared 21.1% in premarket trading Tuesday, after the medical technology company focused on spinal disorder treatments announced a merger agreement with Orthofix Medical Inc. OFIX, +0.33% that values SeaSpine at about $284.9 million. Under terms of the deal, SeaSpine shareholders will receive 0.4163 Orthofix shares for each SeaSpine […]

Oct 11
GM introduces energy management ecosystem for home, EV and commercial customers

General Motors Co. GM, -3.96% introduced Tuesday a new business unit called GM Energy, which will consist of Ultium Home, Ultium Commercial and Ultium Charge 360 to create an energy management ecosystem. GM Energy will offer to home, commercial and electric vehicle customers services including vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications, stationary storage, solar products […]

Oct 11
Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022

The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members. Source: Cointelegraph

Oct 11
Flexjet going public with a $3.1 billion value after merger with SPAC Horizon Acquisition Corp. II

Subscription-based private aviation company Flexjet Inc. said Tuesday it will go public through a merger with special purpose acquisition company (SPAC) Horizon Acquisition Corp. II HZON, in a deal that values Flexjet at $3.1 billion. After the deal closes, which is expected to occur in the second quarter of 2023, Flexjet expects to be listed […]

Oct 11
Coinbase gains in-principle approval for Singapore crypto license

The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry group… Source: Cointelegraph