A rising chip maker from the United Kingdom known as ‘Graphcore’ has finally started making its move. The firm made an announcement on Tuesday that it had managed to generate $222 million through investments. This is proof that the firm has the potential and the necessary technology to stay...
Tesla’s Stocks
In recent years, the Tesla auto-mobile company has seen an enormous amount of growth in its demand and supply. With the passage of time, the public’s view around electric cars has changed a lot and now more people are shifting to Tesla because of its durability, quality, and technology. However,...
Oil and Global Stocks Lead Risk Rally on US Stimulus Hopes
On Tuesday, there was a rise in global stocks for the fourth consecutive day and oil also followed the same path, as hopes of fresh stimulus in the US teed up a stronger end for riskier assets this year. By 0751 GMT, the MSCI world index had climbed by...
Dollar Dithers as Trump Passes Coronavirus Aid Package
On Monday, the dollar essentially shrugged of the threat by US President Donald Trump of not signing a coronavirus aid package, as many investors were on holiday. In the Asian session, the pound was hovering near its two-and-a-half-year high, after the last-minute agreement of a narrow Brexit trade deal...
Hester Peirce Says EladRoisman Has Been Appointed as New Chairman of SEC
Right after the World Health Organization (WHO) declared COVID-19 as a pandemic, the entire world went under mass lockdowns and curfews. For more than 8 months the majority of the countries around the world were under lockdowns and people were working from home. Due to the lockdowns caused by the...
Bitwise Removes XRP from its Crypto Fund Due to Crypto Probe
After the probe from the US Securities and Exchange Commission (SEC), it appears that Ripple Labs’ troubles are only increasing. As the industry is keeping a close eye on how things progress, some companies have opted to preemptively cut their ties with XRP, the company’s token. This week, one...
Freelancers to Get Huge Benefits from Crypto-Network
In the past couple of years, the freelancing business has been observing a huge amount of growth in its user-base and demand. As the internet platform became a common household facility, it also provided people with the opportunity of running businesses and working from home. Over the course of time,...
Anticipation of Brexit Deal Fuels Stocks and Sterling
On Thursday, the British pound gained and stocks rallied as the European Union and Britain closed in on a trade agreement and investors bet on a global economic recovery. The EU and Britain were hammering out the final points of a narrow trade deal, and an announcement of the...
Aussie and Euro Gain, Disregarding Trump’s Threat to Stimulus
On Wednesday, the US dollar declined and the euro once again rose close to the $1.22 mark, as foreign exchange traders decided to look beyond the threat of US President Donald Trump to not approve the $892 billion coronavirus relief bill that was finally agreed upon in the Congress....
Currencies in Emerging Markets Gain as Dollar Loses Strength
On Wednesday, currencies in the emerging markets were on a rebound from the declines they had experienced earlier this week. Russia’s rouble ended up snapping a losing run of three days, and the Turkish Lira also strengthened in hopes of a rate hike by the central bank this week....

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