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The escalation of trade war tensions between China and the United States negatively impacted JD.com (NASDAQ: JD) stock price upside momentum. The United States plans to impose new restrictions on China. This time they are seeking to hurt Chinese access to international financial and capital markets. JD.com stock price dropped from 52-weeks high of $30…
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Ford (NYSE: F) stock price has been trading below $10 level over the last two months. The stock had traded in a double-digit figure during the second quarter. However, investors concerns over the trade war and lower revenue growth again slashed its share price into the single digit. The downgrade to Junk status from Moody’s…
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Tesla (NASDAQ: TSLA) stock price has been under pressure over the last couple of months. Traders concerns over increasing market competition supported the bearish sentiments. The share price tumbled from an all-time high of $380 at the beginning of this year to $240 a share at present. Tesla stock price bounced slightly since the start…
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Bitcoin has seen the biggest price drop in 2019 in the last few days. For the first time since June, the number one cryptocurrency crashed to $8,000 and even below to high $7ks. This has raised a lot of questions, particularly because the crash coincides with the launch of the long-awaited Bakkt physical Bitcoin Futures…
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As electric vehicles (Or EV for short) slowly gains traction across the world, many of the giants in the automotive industry are taking notice of it. Even so, Tesla managed to gain control of the markets within Europe by an evident margin, outselling conventional vehicles in some countries. As pollution, rising costs, impracticality, and datedness…
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Prediction summary: EOS prices will follow altcoin markets; Price may return to double figures by year end; EOS will reach new ATH in 2020. In order to predict the next movements of a crypto asset we should look at previous price action to better understand how the market moves. EOS did not follow the same…
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Chinese technology giant Xiaomi Corp. is reportedly seeking a $1 billion loan two years after securing a loan of the same size from a group of 18 banks for a global expansion. Five-year Bullet Club Loan Bloomberg reported on Wednesday that the Beijing-based company is back to the loan market with a $1 billion refinancing…
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Chinese ecommerce giant Alibaba Group Holding Ltd (BABA) recently bought about a third of its founder Jack Ma’s financial services business Ant Financial. Alibaba now controls more of Ant Financial As Ant Financial rolled out some newly issued equity, Alibaba was quick to acquire a 33% stake in the company. Started by Jack Ma, both…
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Interest rates could keep falling in the future. This is according to Marilyn Watson, global fundamental bond product strategy team head at BlackRock. She said that during a conversation with Bloomberg’s Tom Keene on September 24. Interest Rates Could Go More Negative The European Central Bank (ECB) and Japan’s Central Bank have been lowering interest…
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Qualcomm (NASDAQ: QCOM) stock price soared 37% since the start of this year despite sluggish financial performance. The shares of chipmaker are currently hovering around $80, down slightly from 52-weeks high of $90 a share. The steady upside moves since the start of this year are quite strange. This is because the company continues to…
