Last month, inflation was the worst in 41 years
Inflation has shoppers cutting subscriptions and seeking savings. Share on facebook Share on google Share…
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Researchers predict that the new Pacific Alliance PBP will include additional European nations in the future
Partners in the Blue Pacific (PBP) includes the US, UK, Japan, Australia, and New Zealand….
Finding high dividend yielders with constant and growing payouts
In downturn markets, it’s best to gather revenue and wait it out. Share on facebook…
Three Arrows Capital liquidates amid market fall
A decline in digital currency pricing has damaged 3AC and exposed a financial dilemma at…
A recession warning was sent out for the Eurozone
Morgan Stanley economists think that the economy of the euro area may shrink later this…
Chinese EV maker XPeng leads investment in $200 million fund focused on ‘frontier technology’
XPeng said Thursday it led an investment into a new $200 million fund along with high-profile venture capital players like Sequoia China and GGV Capital.
Rockets Capital will focus on “venture and growth stage investments in Smart EV industry value chain, clean energy, and frontier technology areas.”
The fund has already “entered into agreements” to invest in companies, XPeng said without disclosing any names.
Didi’s 44% stock plunge leaves SoftBank and Uber with diminishing returns
Didi shares plunged 44% on Friday and are now 87% below the IPO price last year.
The dramatic drop is worrisome for SoftBank and Uber, the Chinese company’s two largest shareholders.
Both companies have already taken a hit on the investment.
Goldman Sachs predicts what will happen to Europe’s economy if Putin shuts off the gas taps
Supply-side risks arising from the war have stoked extreme volatility across global commodity markets, with oil, nickel and wheat also surging alongside natural gas in recent weeks.
Natural gas is once again front and center after Russian Deputy Prime Minister Alexander Novak warned that Moscow could halt its exports to Germany via the Nord Stream 1 pipeline.
Amazon stock has its second-best day of 2022 on planned 20-for-1 split
Amazon shares climbed more than 5% on Thursday after the company announced plans to split its stock for the first time since 1999.
The 20-for-1 split could put the company in contention for inclusion in the Dow Jones Industrial Average.
The only better day the stock has had this year came after the company’s fourth-quarter earnings report last month.
Ether is the digital coin that powers the ethereum network. Developers can build apps upon ethereum’s network.
Ether, the world’s second-largest digital currency, hit a record high on Thursday.
The price of ether hit $1,918.52 during morning trade in Asia but has since pared some gains, according to CoinDesk data.
The rally in bitcoin, which surpassed $52,000 for the first time on Wednesday, is helping to push up ether as well.
