Tag Archives: Business

RBS impressed investors by beating analysts’ profit expectations by around £400m despite subdued growth in the UK economy. RBS stock is quite unstable these days as the company is planning to change its name to Natwest.New Chief Executive of Royal Bank of Scotland Alison Rose disclosed new plans of action for the taxpayer-backed bank on Friday. What is interesting that she added severe cuts on the size of its loss-making investment bank. She also decided to rebrand the company to NatWest.Back...

BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...

Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.New Apple iPhone 12 will be launched as planned by September despite the delays caused by the coronavirus outbreak. Apple has registered a spike in demand in A14 chips iPhone that supports the 5G network as the competitor Samsung has recently unveiled its flagship Galaxy S20 devices with the latest...

Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...

Credit Suisse has ended 2019 with figures in earnings that seems to leave all of its woes in the past, with optimism for 2020. CSGN stock is up though the CEO is leaving the company.Credit Suisse has impressed analysts with interesting figures in its recent earnings report. The Swiss financial services company which had a pretty tumultuous year ìn 2019 seems to have risen above its problems. The recent earnings report surpassed market expectations significantly and is keeping the public quite...

Despite the fact that Facebook has faced numerous challenges tackling sensitive ads in the political election period, yesterday FB stock started to rise and showed some signs of recovering.Facebook (FB) stock price showed signs of recovering from the falling trend that had started forming before the market closed yesterday. The stock started reversing after hitting $207 where it is currently trading at $210.76 per share at the time of news reporting. The volatility on the Facebook stock is...

The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.For a few days now, the general atmosphere about the state of the coronavirus outbreak in China has been somewhat optimistic. This is because it was generally thought that the epidemic was slowly starting to resolve and might soon peak. However, a new development shows that the coronavirus epidemic is a lot worse and markets are tumbling...

Crypto broker Voyager has entered into the agreement with Circle Internet Financial to acquire Circle Invest, which is the retail digital asset app.Digital asset broker the Voyager announced its acquisition of a retail trading app from Circle Internet Financial on February 12, 2020. According to the acquisition agreement, Voyager will be integrating the features of the acquired Circle Invest app with its platform. Therefore, adding more than 40,000 new customers to its 200,000 already...

PayPal präsentiert die Mastercard für Online Shops, Händler, Agenturen und Freelancer! Was aussieht wie eine smarte Debitkarte, ist auch eine – und mehr als das: Diese Karte soll das Bankkonto überflüssig machen. Die Karte richtet sich explizit an Inhaber von Online Shops, also die Business Kunden. Denn mittlerweile akzeptieren viele Online Shops PayPal als Zahlungsmethode. Auch viele Agenturen und Freelancer lassen sich in PayPal...