Day: December 18, 2020

Tesla (TSLA) Stock Heads to S&P 500 Index with Mixed Expectations from Analysts

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Many market analysts believe that the addition of Tesla to the S&P 500 may signal the beginning of the end of the TSLA bubble. Today marks the last day before the stock of American electric vehicle maker Tesla Inc (NASDAQ: TSLA) is added to the S&P 500 Index (INDEXSP: .INX). As reported by Reuters, the runup to the addition of Tesla to the S&P 500 is poised to generate a lot of frenzy near the close of trade on Friday as index-tracking funds will need to load up on shares…

What to Expect from FAANG Stocks in Upcoming 2021?

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There are lots of factors that can drive FAANG and other tech shares in 2021. The most interesting of them include developments in gaming, cybersecurity, 5G, edge computing, and data analytics. 2020 has been a difficult year that tested stocks for strength. Some have stood the test, others have not. Among those who have proved to be winners in this hard time are FAANG stocks – Facebook Inc (NASDAQ: FB), Amazon.com Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Netflix Inc (NASDAQ: NFLX), and Google LLC (NASDAQ: GOOGL), the five most…

FaucetPay to CoinBase | FaucetPay to BKash | FaucetPay Exchange | Faucet Pay to Trust Wallet

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Ahead of Nasdaq Listing Canoo Unveils Multi-Purpose Electric Delivery Van

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By going into the electric trucks market, Canoo adopts the same business strategy as that of Tesla. Through its Nasdaq listing, the EV startup plans to raise $600 million to support its production and launch. On Thursday, December 17, California-based EV startup Canoo unveiled a new multi-purpose delivery van for last-mile deliveries and other small businesses. The company has also put an attractive price point of $33,000 which can scale up in size and cost. Interestingly, the announcement comes just a week before Canoo’s Nasdaq listing. Canoo said that it…

Can gold and Bitcoin coexist? Goldman Sachs says yes

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Bitcoin’s (BTC) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs. One of the world’s biggest investment banks, Goldman Sachs reportedly sent a note to investors, reassuring its clients that Bitcoin does not pose an existential threat to gold, Bloomberg reports Dec. 18. “We do not see evidence that Bitcoin’s rally is cannibalizing gold’s bull market and believe the two can coexist,” the company wrote. Goldman Sachs still admitted that Bitcoin’s ongoing rally could steal some demand from gold investors, stating: “Gold’s recent…

Bitcoin price must hit $1 million for 1 satoshi to reach parity with 1 cent

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Bitcoin (BTC) may be circling all-time highs, but a new storm is brewing around its smallest subunit, the satoshi or “sat.” As more first-time investors pile in to BTC, attention is once again highlighting the fact that many still think Bitcoin cannot be divided and is “too expensive.” Buy Bitcoin? Too expensive A frequent point of debate throughout Bitcoin’s recent history, the problem of how to solve this misconception and introduce sats to a wider audience is now back in the spotlight. This week, statistician Willy Woo publicly approached listings…

GOOGL Stock Down 1% as Google Got Slammed Its Third Antitrust Lawsuit

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The Attorney Generals are asking the court at least to restrict or stop Google from engaging in the anti-competitive practices. The stock of Alphabet Inc (NASDAQ: GOOGL) fell at the close of trading on Thursday as the company and its search engine outfit Google got slammed its third Antitrust lawsuit. The Google antitrust lawsuit according to a CNBC report was championed by a bipartisan coalition of states with the executive committee led by the states Tennessee, New York, Utah, Iowa, Nebraska, Colorado, North Carolina, and Arizona. The Google antitrust lawsuit…

Cara bermain Strategi Trading Cryptocurrency di Aplikasi Pintu, modal 1 jutaan ajahh

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The Graph Network Goes Live with Coinbase Pro and Binance Announcing Support for GRT Token

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One of the most-awaited decentralized projects The Graph Network goes live with promises of data democratization and data querying across different blockchain networks. On Thursday, December 17, the decentralized protocol – The Graph Network – official went live with its operations. The Graph is a decentralized indexing protocol for querying networks like the IPFS and Ethereum. The Graph network helps in indexing and querying data from blockchains. The Graph Network is officially live! People all over the world are coming together to build a vibrant decentralized future on top of…

Exchange Files for IPO with SEC

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Earlier, Coinbase was considering going public through a direct listing as opposed to the traditional IPO. But at that time it didn’t file with the SEC. In a statement made available on their blog, the San Francisco-based Coinbase exchange declared that they had “confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission”, an initial step in anticipation of an IPO. It was made clear that the announcement was not a call to sell or buy securities and that all such offers and solicitations to…