NFT sales rise for first time in 7 months in November despite crypto price slump
Non-fungible token (NFT) sales in November rose for the initial time in seven months to top US$530 million, shrugging off the sharp declines in cryptocurrency costs subsequent the collapse of Bahamas-primarily based crypto trade FTX.com earlier in the…
EV Stocks: Tesla Rivals Li Auto, Nio, Xpeng, BYD Slump Despite Strong Deliveries Amid Delisting Fears
Warren Buffet-backed Chinese electric-vehicle startup BYD (BYDDF) delivered 91,219 new energy vehicles in November, a 217% year-over-year increase. Earlier this week, China-based EV makers Nio (NIO), Xpeng (XPEV) and Li Auto (LI) reported strong November…
Ford Stock: Is It A Buy Now? Automaker Exits India Amid Sales Slump
Ford Motor (F) began the new decade with optimism as it emerged from a fundamental corporate redesign to compete in the era of smart vehicles and clean energy. The automaker is investing heavily in new technologies to keep pace with competitors in the…
Ford Stock: Is It A Buy Now? Automaker Snags Apple Exec Amid Sales Slump
Ford Motor (F) began the new decade with optimism as it emerged from a fundamental corporate redesign to compete in the era of smart vehicles and clean energy. The automaker is investing heavily in new technologies to keep pace with competitors in the…
Stocks Slump on Economy Before Big Tech Earnings: Markets Wrap
(Bloomberg) — U.S. stocks slumped and Treasuries climbed after economic data added to concern over a slow and uneven recovery amid a resurgence of coronavirus cases around the globe. A third day of falling bond yields sent financial shares to their…
Stock futures steady, Netflix shares slump after guidance disappoints
Stock futures were roughly flat Thursday evening, as futures steadied following declines earlier in the day. The three major indices ended Thursday’s session lower, and the Dow ended a four-day winning streak, after new data showed a greater than…
Worried About Big Tech Slump? Buy 6 Undervalued Tech ETFs
Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled…