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Tag Archives: News

T-Mobile and Sprint Amend Merger Deal to Give Deutsche Telekom Bigger Stake

As the merger between T-Mobile and Sprint is finalized, both companies have made a few amendments and hope to finalize all details by April. Deutsche Telekom will get a good stake.According to a recent announcement, both Sprint and T-Mobile have agreed to change the details for their new merger should be finalized shortly. The new amendment will allow Germany’s Deutsche Telekom to hold much more control in the newly-formed company.Sprint and T-Mobile Agree to ChangesAccording to the new...

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Ripple, Microsoft, BitGo and Bitso Are Powering XRP Ledger

BitGo and Bitso are two new additions to RippleNet. Ripple has released information about its current XRP holdings, as well as the list of large companies (like Microsoft) that help Ripple grow.Per the Ripple stats, Microsoft Corporation (NASDAQ: MSFT) is the leading company working on its blockchain and processing the transactions. XRP has entered a turbulence zone recently, with the token price rushing up to $0.29 two days ago. At the moment of writing, its price is $0.28.They are...

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Tesla (TSLA) Stock Has Big Bull on Wall Street as Tesla Cybertruck Orders Surpass 500,000

The Cybertruck Owners Club has provided good evidence that as of February 18, Tesla has booked pre-orders for approximately 535,000 of these vehicles translating to 5,873 pre-orders daily. TSLA stock is in green.The Tesla Inc. (NASDAQ: TSLA) stock has been rising continuously since the start of the year, even earning Elon Musk billions within hours, as we published earlier. Musk is yet to update Cybertruck pre-orders since late November 2019, when they reached 250,000. However, the Cybertruck...

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Apple (AAPL) Stock Down 1% as Company Wants to Let Users Switch Default iPhone Apps to Rivals

Apple is reportedly set to give iPhone users the opportunity to install third-party apps as default for mail and browser. AAPL stock loses 1%.The iPhone’s operating system is known to be quite closed. While it is not reduced in functionality, Apple (NASDAQ: AAPL) controls pretty much all of the default apps that are pre-installed on the iPhone. This decision by the tech giant has ensured a certain level of monopoly with its products but has angered many other projects that design applications...

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Morgan Stanley Buys E*Trade (ETFS) for $13B in an All-Stock Deal

Morgan Stanley’s acquisition of E*Trade has caused a stir in the global investment community. E*Trade has been a leading online broker that has produced stellar results for the greater part of a decade.E*Trade financial group has been reported by sources to have about $360 Billion in assets. The deal which is estimated to be worth about $13 billion is Morgan Stanley’s largest since the last financial crisis in 2008.This will give the financial giant about 5 million new clients 4,000 of which...

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Davis Selected Advisors Prefers Intel (INTC) Stock to Microsoft (MSFT)

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

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Virgin Galactic (SPCE) Stock Rises in 310% Rally to Outperform Tesla (TSLA)

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

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Bitcoin Cash Analysis: Fresh Rally Likely Above $410

Bitcoin cash price declined recently below the $424 and $400 support levels against the US Dollar.The price is currently recovering above the $370 level after testing $350.There is a key declining channel forming with resistance near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $390 and $400 resistance levels.Bitcoin cash price is showing signs of a decent recovery from $350 against the US Dollar. BCH/USD must...

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Elon Musk Celebrated Valentine’s Day by Purchasing $10M Worth of Tesla (TSLA) Stock

As part of the of its $2.31 billion worth of stock offering, Musk himself purchased 13,307 TSLA shares at a price of $767 per share worth a total of $10 million. Elon Musk raising his stake in Tesla is a vote of confidence for the investors.On Wednesday, February 19, electric car maker Tesla Inc. (NASDAQ: TSLA) revealed the closure of its common stock offering in the open markets. Soon as the announcement came, the TSLA stock skyrocketed above $900 levels in just a few trading hours.In the...

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Sorry Ripple, Brazil’s Central Bank to Launch Near-Instant Payments without XRP

Brazil won’t adopt RippleNet or XRP as the Central Bank has announced its own payment network with low fees, fast transactions and huge liquidity. The PIX coin starts off in Q4 2020.The Brazilian government has decided to implement a new almost instant payment solution, presumably called the PIX coin. It will shine in Q4 2020 via mobile devices and POS terminals, and they have no plans on adding Ripple‘s XRP.The project was developed by the Central Bank of Brazil and received the name PIX. It...

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