In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The UK government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal … Read more
From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared … Read more
A BYD Co. electronic vehicle (EV) is charged at an EV charging station at the company’s campus in the Pingshan district of Shenzhen, China. Brent Lewin | Bloomberg | Getty Images China’s largest electric vehicle (EV) maker BYD said that as of last month it stopped making combustion engine vehicles and now produces full electric … Read more
DETROIT (AP) — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has struggled with a disastrous shortage of computer chips and other vital parts that has … Read more
Atsuko Bolinguit, with tech startup company Fast, works in the office at her desk on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Starting Monday, Google is bringing most employees back to assigned physical offices three days a week. The company has said since the beginning of the pandemic that it … Read more
Facebook has made a lot of changes since the Covid-19 pandemic. The most important of these is undoubtedly the change in the name of the company. Since October, Facebook is now called Meta Platforms (FB) – Get Meta Platforms Inc. Class A Report. The decision is aimed at two things: trying to put behind the … Read more
Photo: Ford The social media accounts of both Ford and General Motors were both relatively silent yesterday and didn’t take part in any April Fools’ Day high jinks. Could this be because these two prestigious American automobile manufacturers are above petty jokes (unlike Dodge), or were both automakers trying to stay under the radar after … Read more
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla just reported first-quarter vehicle production and delivery numbers for 2022. Here’s how they did. Electric vehicle deliveries (total): 310,048 Electric vehicle production (total): 305,407 Over the same period last … Read more
A demonstrator during the vote count to unionize Amazon workers outside the National Labor Relations Board offices in New York, US, on Friday, April 1, 2022. Jeena Moon | Bloomberg | Getty Images Amazon workers on New York’s Staten Island just made history, becoming the first group to vote in favor of unionizing at a … Read more