(RTTNews) - The Australian stock market is rising on Monday following the mostly positive cues from Wall Street on Friday after data showed a bigger-than-expected increase in U.S. employment in the month of July. Nevertheless, investors remained cautious due to the rising number
Hyundai Motor Co stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker by 2025.
(RTTNews) - The Hong Kong stock market has moved lower in back-to-back trading days, sinking almost 600 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 24,530-point plateau and it's expected to remain in that neighborhood again on Monday.
(RTTNews) - FirstEnergy Corp. (FE) utilities continue restoration efforts for customers of Jersey Central Power & Light or JCP&L who lost power as a result of Tropical Storm Isaias. Service has been restored to more than 769,500 JCP&L customers - more than 97% of the
(RTTNews) - The China stock market on Friday snapped the five-day winning streak in which it had jumped almost 100 points or 3 percent. The Shanghai Composite Index now sits just above the 3,350-point plateau and it's looking at a steady start on Monday.
What happened
Shares of Madrid-based Banco Santander (NYSE: SAN) dropped 12.5% in July, according to data from S&P Global Market Intelligence. The drop came on the heels of an absolutely devastating Q2 2020 earnings report by the bank, which has operations around the globe
What happened
Shares of Long Island-based Bridge Bancorp (NASDAQ: BDGE) tumbled 20.8% in July, according to data provided by S&P Global Market Intelligence. That was much worse than the performance of most similarly sized community bank stocks.
(RTTNews) - The Taiwan stock market on Friday snapped the three-day winning streak in which it had jumped almost 410 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 12,825-point plateau and it may take further damage on Monday.
(RTTNews) - The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had stumbled more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath th
(RTTNews) - The South Korea stock market has climbed higher in five straight sessions, gathering more than 100 points or 4.5 percent along the way. The KOSPI now rests just above the 2,350-point plateau although investors may cash in on Monday.
What happened
Shares of solar installer Vivint Solar (NYSE: VSLR) jumped 105.5% in July, according to data from S&P Global Market Intelligence, after agreeing to merge with competitor Sunrun (NASDAQ: RUN). The merger will combine two of the largest residential solar instal
Last week proved to be a difficult one for growth stocks. Many of the market's fastest-growing technology darlings were slammed, particularly during the second half of the week. The pullback was likely primarily a function of some profit-taking after many of these stocks soared
What happened
Shares of General Electric (NYSE: GE) slid 11.1% in July, according to data from S&P Global Market Intelligence. It was yet another setback for the beaten-down industrial conglomerate.
Among companies seeing enhanced sales from the coronavirus pandemic, investors have been keen to discern which organizations are developing lasting advantages versus short-term benefits. Lifestyle-brand cooler and drinkware specialist YETI (NYSE: YETI), which released its second
Hollywood isn't waiting for the local multiplex to fire up its projectors again. Walt Disney (NYSE: DIS) is the latest movie studio to turn to a big-ticket digital rental to help recoup the heavy production and marketing costs of a once highly anticipated theatrical release. An
What happened
Shares of Tesla (NASDAQ: TSLA) rose 32.5% in July, according to data from S&P Global Market Intelligence. The stock climbed thanks to momentum for the broader market, favorable analyst coverage, and a fourth-quarter earnings beat.
Soft drink giant Coca-Cola (NYSE: KO) entered the public market nearly 101 years ago. The blue-chip stock has tracked just ahead of the broader market over the decades, but you won't find many companies with this extreme longevity. Moreover, Coke has a long-standing history of r
What happened
Shares of Zscaler (NASDAQ: ZS) rose 18.6% in July, according to data from S&P Global Market Intelligence. The company's valuation climbed thanks to favorable coverage from analysts and momentum for the broader market.
Chainlinkâs link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S.Â
Linkâs 24-hour trading volume on Coinbase Pro is $163 million â nearly 70% higher than bitcoinâs trading volume of $96.48 million, according to data source Messari.
However, linkâs 24-hour aggregate global volume of $3.13 billion still amounts to just 17% of bitcoinâs global overall volume of $17.53 billion.
Spike in volumes lends credibility to recent price rally.
Linkâs price jumped to a lifetime of $14.38 early Sunday.
The sixth-largest cryptocurrency by market value has gained 68% in the last seven days alone.
The tokenâs staggering 700% year-to-date gain makes bitcoinâs 61% price gain look meager by comparison.
All 184,330 link addresses are now making profit on their investment, according to data source IntoTheBlock.
Linkâs meteoric rise looks to have been fueled by increased usage of Chainlinkâs price oracles in the ever-expanding DeFi space.
Price oracles act as a bridge between cryptocurrency smart contracts and off-chain data feeds.