News

Burry's Scion Asset Management ended March with bearish puts against 800,100 Tesla shares, Bloomberg reported. Valued at $534 million, the puts give Scion the right to sell the carmaker shares...

Cryptocurrencies have recently soared to record highs but the road ahead may prove to be challenging, the WSJ reported. Industry watchers say cryptocurrencies need to pick up steam as payment...

The logistics unit of JD.com Inc. seeks to generate as much as $3.4 billion from what could be among Hong Kong's biggest initial public offerings (IPOs) this year,  Reuters reported....

DoorDash gained more than 6% on Thursday after a loss per share of $0.34, more than expected loss per share of $0.26, according to the company’s press release.  The share...

JPMorgan expects a slowing growth in global population to lead to low interest rates, according to CNBC. Statistics are pressing down on interest rates as old people save for retirement...

American tech firm Microsoft Corp. has urged users to migrate their data to an alternative service as its Azure Blockchain will retire on September 10, the company announced in a...

Chinese smart electric vehicle maker Xpeng Inc. saw revenues climb by 616.1% in the first three months after posting record deliveries during the period, according to press release. Total revenues...

The big variations seen recently in two indexes is a positive development which could push stocks into a bull market, Markets Insider reported. The Cboe Volatility Index (VIX) surged by...

Indonesia is considering taxing crypto trading to generate funds after the economic impact of the COVID-19 pandemic, Forkast reported. Indonesia is home to a number of local crypto investors, surpassing...

American money transfer firm MoneyGram International Inc. has partnered with cryptocurrency exchange Coinme to enable transactions in physical locations, CNBC reported. Under the partnership, Coinme users will be able to...

The European Union general court decided in favor of online retail giant Amazon.com Inc. regarding its $300-million (250 million euros) tax appeal, according to CNBC. The European Commission ordered Amazon...

India's representative in Hong Kong Priyanka Chauhan said the Chinese government could intervene in the rising prices of supplies connected to COVID-19, the SCMP reported. Chauhan said India believes the...