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Ford stock was lower in US premarket trading today after reporting its first-quarter earnings. While the company posted better than expected earnings, it lowered the guidance due to the global chip shortage. Ford reported automotive revenues of $33.55 in the first quarter which were ahead of the $32.23 billion that analysts polled by Refinitiv were…
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Tesla stock was trading lower in US premarket trading today. On Friday, ARK Investment, which is led by prominent Tesla bull Cathie Wood revealed that it has sold some Tesla shares and bought Coinbase. Crypto exchange Coinbase listed last week only. It opted for a direct listing instead of going through the more popular traditional…
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Tesla stock 3.7% yesterday and was trading almost 1% higher in US premarket trading today. The surge in bitcoin prices, which have hit a new record high seems to be helping Tesla even as competition seems to be increasing in the EV industry. Earlier this year, Tesla invested $1.5 billion in bitcoins. Later it allowed…
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PrimeXBT Lead Analyst Kim Chua: The Worst May Be Over For XRP As Signs Point Bullish Ripple’s XRP token, once the second largest cryptocurrency by market cap, has had a monumental fall from grace after an SEC investigation seems to indicate the coin should be deemed a security. The price of XRP was progressing well…
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Are you looking for a fast, safe and cheaper way to receive, send or manage your money? Do you travel a lot? If you do, how convenient is your financial service provider? These are some of the questions FinTech startups are looking to provide answers for, and by that, bring about new systems that will…
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Fintech company Square, whose stock has rallied sharply over the last year, was trading lower in US premarket trading today after the company released its fourth quarter earnings that showed a mixed performance. Square released its fourth quarter earnings yesterday after the markets closed. The company’s revenues rose 141% in the quarter to $3.16 billion….
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Square stock is up sharply over the last year. The company is set to release its fourth quarter earnings this week. Can the stock continue to rise further after the earnings release? Fintech stocks have been red hot over the last year. Fintech giant Ant Financial was set to become the biggest IPO of all…
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Ford stock rose 8.4% on Wednesday and the stock was trading higher in the premarket today. Some of the brokerages have taken a positive view of the automaker that is fueling the bullish sentiments. After a dismal performance in 2020, Ford stock has started 2021 on a bullish note and is up 23.5% so far…
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The FTSE 100 index is heading to its seventh consecutive day of gains despite the growing risk of a no-deal Brexit as negotiations remain stalled while Prime Minister Boris Johnson is heading to Brussels today to brush up the remaining differences between the union and the Kingdom. The UK also started to roll out Pfizer’s…
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European markets are tumbling this morning with some of the region’s key indexes losing more than 3% as a strong resurgence of the virus in the continent has triggered fears of an upcoming second wave of lockdowns. The British FTSE 100 index is leading the meltdown by dropping 3.3% at 5,808 followed by the German…
