Thanks to Tesla founder Elon Musk, the Cryptocurrency known as dogecoin (DOGE-USD) took a major leap this week.
But the most interesting thing about it was the cryptic content of Musk's tweets. The first tweet he sent had just one word: "Doge". He then tweeted the phrase, “Dogecoin is the...
After what was a tumultuous week of trading due to the GameStop short squeeze, U.S. stock indexes made a steady recovery on Tuesday morning. The Dow Jones rose by more than 350 points (approximately 1.2%), while the Nasdaq and S&P 500 indexes added 1% each.
After silver prices skyrocketed to...
Retail sites for silver find themselves overwhelmed by an excess demand for both silver bars and coins this week. This surge in demand has likely rolled over from last week's frenzy, whereby an unprecedented amount of orders for physical assets were placed.
As a result, silver futures surged by more...
With multinational pharmaceutical company Johnson & Johnson revealing its latest coronavirus vaccine data, U.S. stock indexes fell while going into the weekend. According to its latest report, Johnson & Johnson's coronavirus vaccine candidate has proven to be 72% effective in the United States and 66% on a global scale.
These...
Small investors that hail from India have recently taken advantage of the frenzy surrounding GameStop and its shares. They've jumped on the opportunity, which is why GameStop is the most commonly traded stock in certain Indian brokerages.
Ever since January 12th, GameStop shares have gone up a whopping 1,700%. This...
While already the most shorted stock on the market, American Airlines Group Inc skyrocketed yet again after being mentioned on the Wall Street Bets forum on Reddit. This comes after GameStop Corp. stocks surged due to being the focal point of debate on the exact same forum.
American Airlines's rapid...
Stock futures opened at a low on Thursday morning, following an underwhelming close on Wednesday evening after a selloff during the regular session. This comes after each of the three major U.S. indexes dropped by their largest margins in the last three months.
This poor performance occurred in light of...
Investment management company Blackstone Group Inc. has agreed to the purchase of a life insurance business from Allstate Corp. for a sum of $2.8 billion. This deal is part of Blackstone's plan to expand its market share in the insurance industry.
This deal comes as Allstate continues pursuing its goal...
With the company determined to meet its COVID-19 vaccine delivery targets, pharmaceutical giant Johnson & Johnson has revealed that it is expected to report some much-anticipated data on its vaccine early next week.
Eager to fulfill the obligations of its already-signed agreements, Johnson & Johnson's shares rose by around 3.4%...
GameStop shares rallied by a colossal 92% at the time of Tuesday's close, resulting in a record price tag of $147.98 per share. The gaming merchandise retail chain now has a market cap of over $10 billion.
The beginning of this surge could be traced back to last week's clash...