Analysts see Bitcoin at $100,000 soon
May 8, 2025
Danaher to Purchase Aldevron in $9.6-Billion Deal
Diversified conglomerate Danaher Corp. on Thursday said it has inked a $9.6-billion purchase agreement for biotech firm Aldevron. Danaher will pay in cash, funded internally through cash on hand and...
Read moreBaidu Targets 1,000 driverless Taxis in China by 2024
Baidu partners with BAIC Group, a state-owned manufacturing firm to design and build 1,000 driverless cars in three years, according to a report by CNBC News on Thursday. Baidu has...
Read moreIndian Billionaire Adani Loses $9 Billion in One Week
Billionaire investor Gautam Adani’s personal fortunes shrank by about $9 billion following questions about three of his offshore accounts, according to Bloomberg. Media reports on Monday said that Indian authorities...
Read moreARK Invest Gobbles Up $42-Million DraftKings Shares
Asset management firm Ark Invest snatched $42 million worth of shares of sports betting operator DraftKings Inc. on Tuesday, MarketWatch reported. The transactions were made through the ARK Innovation ETF...
Read moreIndonesia Joins Countries Banning Crypto Transactions
Indonesia’s central bank will not allow digital currencies as a form of payment, according to Beincrypto. Central Bank Governor Perry Warjiyo said cryptos would not be permitted for “other financial...
Read moreNew York Manufacturing Declines for Second Straight Month in June
New York manufacturing posted a drop for the second straight month in June, according to data released by the regional Fed bank on Tuesday. The general business conditions index slipped...
Read moreRetail Spending Plunged by 1.3% in May as Consumers Shift from Pandemic Goods
Spending by US consumers fell by 1.3% in May as shoppers shifted from pandemic-led goods to services, according to WSJ. On-demand goods such as electronics, furniture, autos, and building materials...
Read moreAMC Jumps as Retail Investors Take Part in #AMCDay
Shares of movie chain operator AMC Entertainment Holdings Inc. climbed another 15% on Tuesday as retail investors jumped on #AMCDay, according to MarketWatch. AMC stocks surged 15.4% to close Monday...
Read moreBitcoin Shorts Increases 10x from 1,500 to 20,000
On 6th June, bitcoin shorts increased significantly as the price of bitcoin recorded some recovery from $32,000 to $35,000, according to the data reported by Trustnodes on Monday. Bitfinex noted...
Read moreBitcoin Climbs Back to $40,000 Level After Musk Hints on Accepting Token For Tesla Payments Again
The price of Bitcoin soared to the $40,000 level on Sunday after Tesla Chief Executive Elon Musk hinted on accepting the digital token for payments again, CNBC reported. Bitcoin gained...
Read moreTexas Allows its Chartered Banks to Offer Custody Services on Virtual Currencies
Customers with state-chartered banks in Texas will access custody services for virtual currencies in a new announcement by the Department of Banking. The authorized banks will need to have sufficient...
Read moreChewy Rebound Continues With Sustained Income Growth in First Quarter
American pet food retailer Chewy Inc. rebounded in the first quarter from the loss incurred the same period last year, the company reported in a statement on Friday. Net income...
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