More than $600 million worth of crypto was stolen in a cyberattack that targeted a decentralized finance platform called Poly Network.
Schlagwort-Archiv: Markets
China’s tech giants generate billions for investors — but small businesses are being squeezed
Investors in Chinese companies have been caught off guard by Beijing’s actions against homegrown tech giants, including comments on overseas-listed shares.
If a serious sell-off strikes the market, this ‚underrated‘ group could help investors avoid big losses
„We remain optimistic that health care can do well especially in periods of angst,“ Ally Invest’s Lindsey Bell says.
U.S. stocks are mostly flat, but Dow notches new all-time high
U.S. stock futures were mostly flat Thursday after the market shrugged off economic data with the Dow and S&P 500 at record levels.
Palantir revenue jumps 49% in second quarter
Palantir’s business has gotten a boost from the pandemic, and it recently extended contracts with government health agencies.
Chinese Tesla rival Nio narrows losses as revenue surges 127%
Amid the global chip shortage, the Nio CEO said the firm has been „working closely“ with its partners to „improve the overall supply chain production capacity.“
Elon Musk offers for SpaceX to make NASA spacesuits, after watchdog says program to cost $1 billion
Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits.
Citigroup is mandating employees be vaccinated before returning to its corporate offices
Citigroup will require employees to be vaccinated before they return to corporate offices, according to a LinkedIn post by human resources head Sara Wechter.
Venmo is letting its credit cardholders convert cash-back to crypto for free
Venmo launched a credit card feature that lets users convert their cash-back to crypto for free.
SpaceX is buying satellite data start-up Swarm, in a rare acquisition by Elon Musk’s space company
Swarm will become „a direct wholly-owned subsidiary of SpaceX upon consummation of the Proposed Transaction,“ the start-up wrote in a FCC filing Aug. 6.