Tesla Inc. on Monday said that it bought $ 1.5 billion in bitcoin, a purchase that comes after CEO Elon Musk has promoted the world’s No. 1 digital asset, along with other cryptos, in recent weeks. Bitcoin’s price BTCUSD, +1.82%, already on a stratospheric rise, garnered an additional fillip from the announcement, …
Read More » Elon Musk’s Tesla Inc. said that it has acquired $ 1.5 billion in bitcoins in January and that it could accept the world’s No. 1 digital asset for payment in the future. Tesla TSLA, +1.77% revealed the purchase in a regulatory filing with the Securities and Exchange Commission on Monday, …
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Advanced Micro Devices Inc. expects strong data-center and gaming sales to keep sales strong into 2021 after the chip maker topped $ 3 billion in quarterly revenue for the first time late Tuesday and its results and outlook both topped Wall Street estimates. AMD AMD, +0.62% reported fourth-quarter net income of …
Read More » IG Group has agreed to buy U.S. online brokerage Tastytrade for $ 1 billion, in a move that gives the U.K.-listed spread betting company a foothold in the world’s largest derivatives market. The deal — the biggest ever acquisition for FTSE 250-listed IG Group IGG, -9.46% — comprises $ 300 …
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SoftBank Group Corp.’s investment arm on Monday filed to raise more than $ 500 million for a blank-check company as it looks to take advantage of investor appetite for growth stocks. Softbank 9984, +1.62%, which has invested heavily in private technology companies in recent years through its “vision funds,” intends …
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“ ‘We’re the most bullish on the market that we’ve been in about a year.’ ” That’s Meghan Shue, head of investment strategy at Wilmington Trust, explaining to CNBC why she’s optimistic that the stock market has some upside over the next nine to 12 months. She said a combination …
Read More » Shares of Tesla Inc. dropped Tuesday after the electric vehicle market leader filed for the sale of up to $ 5 billion worth of stock. The share sale plan comes after the stock shot up 12.8% over the past three days to Monday’s record close of $ 641.76. That rally …
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Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Why Major Biden becoming the first shelter dog in the White House is a big deal 2020 has seen a ‘massive surge’ in animal fosters and adoptions, and a rescued First Pet could inspire even more. Yankees legend Andy Pettitte …
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(FILES) In this file photo taken on June 17, 2020 A pedestrian walks past the Bank of England in London on June 17, 2020. tolga akmen/Agence France-Presse/Getty Images The Bank of England on Thursday decided to extend the size of its bond purchase program by £150 billion as it warned …
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