A story with Non-Fungible Tokens (NFT) on the stock market has started to pick up steam. Shares of some companies skyrocketed by thousands of percent. In this article, we’ll try to find out what an NFT is and how one can make money on it.
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NVIDIA announced it was building a high-performance Arm-processor Grace for data processing center servers and AI computations. NVIDIA shares rose by almost 6%, while Intel shares dropped 4%. The GPU release is scheduled for 2023.
In this review, I’ll tell you about an IPO of UiPath, which has been harnessing robots for the betterment of mankind since 2005. CNBC believes the company’s applications and inventions wield a major influence on global competition.
Alibaba Group was obliged to pay the biggest corporate fine in the history of China for $2.8 billion for violating the anti-trust law. In this light, Alibaba shares showed an 8% growth. Chinese authorities tighten control over operations of IT companies.
Amazon’s advertising business has been on the rise with every passing year. In 2020, the company’s commercial advertising revenue added 52.5%, while its market shares increased up to 10.3 %. eMarketer experts say that the corporation wins new market positions from Google and other smaller companies.
Since 2 years ago, the number of SPAC registrations has sky-rocketed. What are these companies? Are they worth investing in? How to choose a SPAC if it carries out no operational business. Get all the answers in the article below.
Alphabet, the parent company of Google, won over Oracle in court. The arguement started in 2010. The shares of Google and Oracle reacted positively. The plaintiff wanted $9 billion of compensation. The Supreme Court of the USA claimed Alphabet innocent.
In this article, I am telling you about the IPO of Applovin Corporation, a company that has created a platform for the development of online game apps. The revenue of the company has been growing by 70% annually for the last two years.
US President Joe Biden announced an investment of $2.3 trillion in the national economy. This made the shares of US IT giants grow, pulling market indices after itself. The S&P 500 got over 4,000 points for the first time in history.
On March 30rd, and online education platform Coursera had a successful IPO. Its capitalization reached $4.3 billion. On the next day, the stock price of Coursera (NYSE: COUR) reached a high of $49.53 at the first trading session, demonstrating growth by 22.8%.
Carmakers decrease car production due to the deficit of semiconductors, which might affect their income. Which investment idea can be discovered in this situation? Find the details in our article.
The shares of large banks are falling. However, the shares of Morgan Stanley and Goldman Sachs that initiated the sale on March 26th lost almost nothing and are growing already. The SEC is investigating the situation.
In this article, I’ll tell you about an IPO of Compass Inc., the company that developed and is constantly improving its convenient online platform for real estate agents. Over 4% of all real estate transactions come through the platform.
Morgan Stanley and Goldman Sachs sold shares for $19 billion overnight. This huge and emergency liquidation provoked a market slump and falling of the stock price of Chinese IT giants and American media holdings by $35 billion total.
Adobe Systems' quarterly report exceeded the expectations of experts. The company boasted record profits and voiced ambitious plans for the current quarter and financial year. However, its shares dropped by 2% after the report.