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Cassava Technologies falls after record day, boost from analysts
Cassava Technologies falls after record day, boost from analysts

  Nasdaq:SAVA fell nearly 10% on Tuesday after rising nearly 90% earlier this week. Analysts raised their ratings after SAVA announced positive news about its Alzheimer’s clinical trial. NASDAQ:SAVA retreated Tuesday after nearly doubling in price on...

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Sep 16, 2020
Other companies will follow” – MSTR’s share price rose 9% after buying Bitcoin.
Other companies will follow” – MSTR’s share price rose 9% after buying Bitcoin.

  Nasdaq-listed MicroStrategy (MSTR) is continuing to buy hundreds of millions of dollars worth of Bitcoin (BTC ), causing its company’s stock to rise more than 9% on Sept. 16. The purchase of bitcoin has returned MSTR stock to pre-Covidien levels. O...

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Sep 16, 2020
Gold Prices Rise for Third Straight Time Ahead of Fed Policy Statement
Gold Prices Rise for Third Straight Time Ahead of Fed Policy Statement

  Gold futures climbed on Wednesday, with commodity investors positioning prices for a third straight rise ahead of a Federal Reserve statement that could prove mostly bullish for long-term metals investors. Investors expect the Fed to express contin...

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Sep 16, 2020
U.S. voting officials scramble after ‘misleading’ U.S. Postal Service mailings
U.S. voting officials scramble after ‘misleading’ U.S. Postal Service mailings

WASHINGTON, Sept 14 (Reuters) – The U.S. Postal Service’s voter outreach efforts drew a growing backlash on Monday as election officials in several states warned voters that the beleaguered agency was providing inaccurate information on how to vote i...

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Sep 15, 2020
Pound trapped by Brexit, yen looks to vote on Abe’s successor By Reuters
Pound trapped by Brexit, yen looks to vote on Abe’s successor By Reuters

  Reuters. By Hideyuki Sano TOKYO (Reuters) – The pound flirted with a 1-1/2-month low against the dollar on Monday on fears of a no-deal Brexit while investors waited for Japan’s ruling party to choose Prime Minister Shinzo Abe’s successor. The poun...

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Sep 14, 2020
NVIDIA and SoftBank were the winners of the $40 billion Arm Holdings deal, respectively.
NVIDIA and SoftBank were the winners of the $40 billion Arm Holdings deal, respectively.

  The impending sale of Arm Holdings Inc. to Nvidia Corp. for $40 billion could have broad implications for the global semiconductor industry, further boosting one of its highest fliers and lifting another major bet by SoftBank Group Inc. The Japanes...

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Sep 14, 2020
Apple forced Coinbase to change its encryption product, according to the company’s CEO.
Apple forced Coinbase to change its encryption product, according to the company’s CEO.

  Brian Armstrong, CEO of US cryptocurrency exchange Coinbase, alleges that Apple is stifling innovation in cryptography and crowding out DeFi to protect itself from competition. In a Sept. 11 Twitter post, Armstrong doubled down on his previous clai...

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Sep 14, 2020
Amazon is hiring 100,000 employees to deal with the surge in lockdown shopping.
Amazon is hiring 100,000 employees to deal with the surge in lockdown shopping.

  Amazon stepped up its hiring efforts on Monday, saying it would hire an additional 100,000 employees to meet the surge in demand for online shopping during the epidemic. The world’s largest online retailer, run by Jeff Bezos, said the new positions...

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Sep 14, 2020
Dollar falls, but focus on Brexit woes for pound and Japanese PM vote By Investing.com.
Dollar falls, but focus on Brexit woes for pound and Japanese PM vote By Investing.com.

  Reuters. By Gina Lee Investing.com – The dollar fell in Asia on Monday morning, but the focus was on the pound and yen. The pound recovered from its previous session’s losses as fears of a hard Brexit intensified. In Japan, the ruling party will vo...

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Sep 14, 2020
Sterling in bearish heat as EU issues UK ultimatum By Investing.com.
Sterling in bearish heat as EU issues UK ultimatum By Investing.com.

  Reuters. By Yasin Ebrahim Investing.com – The pound is on track for its biggest weekly fall in nearly six months on Thursday as the European Union threatened legal action against Britain if it does not drop a bill aimed at scuttling the Brexit divo...

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Sep 11, 2020
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