Streaming music and audio might not be the first thing to pop into your mind when thinking of video gaming, but Spotify Technology (NYSE: SPOT) believes there is a natural synergy between the two. It announced on Monday that it has snared multiyear exclusive rights to be the "au
What happened
Tesla (NASDAQ: TSLA) stock has had an incredible run this year -- up 376% through Friday's close -- but even the best electric cars need to pause and recharge eventually. What's interesting about today's sell-off is that it's coming at a very strange time.
What happened
Shares of Livongo Health (NASDAQ: LVGO) were tumbling 5.2% lower as of 11:25 a.m. EDT on Monday while shares of Teladoc Health (NYSE: TDOC) were down 6.3%. The declines came after Stifel analyst David Grossman downgraded Livongo from a buy recommendation to a hold.
Brazil, home to South Americaâs largest economy and a bullish-on-fintech financial bureaucracy, is studying the benefits and challenges of issuing a central digital currency (CBDC).
Banco Central do Brasil (BCB) established an intergovernmental CBDC study group on Aug. 20.
The 12-member team is tasked with investigating CBDC security risks, economic implications and societal benefits against Brazilâs existing payments landscape.
The team will also evaluate CBDC issuance and even propose an issuance model for Brazil. A final report is due in to BCB officials in 180 days.
CBDC may âimprove the current model of commercial transactions between people and even between countries,â BCB said in a press statement, calling CBDC issuance âeventual.â
Brazilâs monetary policy makers are already moving to digitize payments in South Americaâs largest economy. Pix, a central bank-run instant payments system, is coming online in November.
An Ottawa-based graphics software firm, Snappa, announced Monday its decision to move a significant amount of its cash reserves into bitcoin, citing concerns of inflation and global economic uncertainty.
Co-founder Christopher Gimmer told CoinDesk in a private message, âThe allocation itself represents 40% of our cash reserves.â The company did not mention the number of bitcoins it currently holds, however, which Gimmer explained was a decision made âfor privacy reasons.â
The initial 40% allocation is only the beginning for the seven-person startup. âWeâre still accumulating coins, and we donât plan on selling anytime soon,â Gimmer told CoinDesk. âIf weâre right about where bitcoin is heading then our allocation could get very high.â
In a blog post, Gimmer explained his companyâs belief that traditional savings accounts are inferior to other options for growing cash reserves. âI believe we now have a far superior savings technology available to us,â Gimmer wrote. âThat technology is Bitcoin.â
Gimmer also mentioned the recent decision by MicroStrategy to move $250 million into the leading cryptocurrency, which he described as âfascinating.â
(RTTNews) - After an early move to the upside, stocks remain mostly positive in mid-day trading on Monday. The tech-heavy Nasdaq briefly dipped below the unchanged line in late morning trading but has rejoined the Dow and the S&P 500 in positive territory since then.
Trainee Santas in Britain are learning how to make traditional grottos COVID-safe this year, with festive red velvet masks, spaced seating and a contact-free transfer of gift to child.
Welcome to NerdWallet’s SmartMoney podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about how to help small, local businesses, which have been hit…
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of t
Investors in Callaway Golf Co (Symbol: ELY) saw new options become available today, for the July 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 326 days until expiration the newly available contra
Investors in Change Healthcare Inc (Symbol: CHNG) saw new options begin trading this week, for the April 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly trad
(RTTNews) - Kamada Ltd. (KMDA) shares are gaining more than 17 percent on Monday morning in line with the positive trend of U.S. stocks.
In early trading, U.S. shares are rising in reaction to FDA's emergency use authorization for blood plasma treatment in COVID-19 patients.
Investors in CRISPR Therapeutics AG (Symbol: CRSP) saw new options become available this week, for the April 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly
Investors in Twist Bioscience Corp (Symbol: TWST) saw new options become available this week, for the April 2021 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 235 days until expiration the newly availa
(RTTNews) - Shares of nano-cap Borqs Technologies Inc. (BRQS) more than doubled on Monday morning after it announced a purchase order for mobile point-of-sale devices in India
Investors in Agios Pharmaceuticals Inc (Symbol: AGIO) saw new options become available this week, for the October 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AGIO options chain for the new October 16th contracts and identified
Investors in Sarepta Therapeutics Inc (Symbol: SRPT) saw new options become available this week, for the September 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SRPT options chain for the new September 18th contracts and identif
Investors in Inseego Corp (Symbol: INSG) saw new options become available this week, for the October 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the INSG options chain for the new October 16th contracts and identified one put and
Investors in Halozyme Therapeutics Inc (Symbol: HALO) saw new options begin trading this week, for the October 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the HALO options chain for the new October 16th contracts and identified on
Checked
29 minutes 32 seconds ago
This feed is responsible for generating the rss feed related to the topic latest article