China Evergrande Group (HKG:3333) is on the brink of formal default as the 30-day grace period has gone unpaid. The real estate giant was expected to make some coupon payments…
Author archives: Cristian Bustos
Blockchain Underdogs Set Sight On Changing Internet Infrastructure
The internet is an essential commodity that is evolving and reshaping faster than anybody’s estimation. From desktop to desktop communication of the Web 1.0 era –when it was all about…
Tesla Under Investigation By SEC Over SolarCity Panels Defects
Tesla Inc (NASDAQ:TSLA) is facing scrutiny by the Securities and Exchange Commission (SEC) over fire risks caused by alleged SolarCity’s solar panel defects. A whistleblower complained that the firm had…
Better.com CEO Lays Off 900 Employees During Zoom Meeting
Vishal Garg, the CEO of mortgage company Better.com, announced to more than 900 employees – about 9% of its workforce – during a Zoom – Zoom Video Communications Inc (NASDAQ:ZM)…
Elon Musk Sells Another $1 Billion Of Tesla Shares
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has shed another 934,091 shares of the electric vehicle maker worth $1.01 billion this week. The operation took place to comply with Musk’s…
Didi Stock Soars 14% Despite Delisting Plans In The U.S.
Didi Global Inc (NYSE:DIDI)’s stock surged in U.S. premarket trading on Friday, after the ride-sharing company from China had announced a possible delisting from the New York Stock Exchange. Didi…
Ghaf Capital: How To Identify The Hottest Blockchain Projects To Invest In
The blockchain and cryptocurrency space has shattered so many of its previous records, as VC funding is currently scaling to new highs. According to CB Insights, 2021 Q3 has topped…
Salesforce Stock Down 12% After Q4 Earnings Forecast
Salesforce.com Inc (NYSE:CRM) stock was down 12% on Wednesday after the company’s earnings guidance for Q4 fell short of analysts’ estimates. According to the earnings report, Salesforce beat revenue and…
Oil Prices Soar Ahead Of OPEC+ Over-Supply Policy Decision
Oil prices increased on Thursday ahead of OPEC’s last meeting this year, in which it must decide whether to modify its current strategy of gradually increasing its production. The higher…
Google Removes Malware Apps That Stole Banking Logins On Android
Google –Alphabet Inc Class A (NASDAQ:GOOGL)– has removed a group of apparently inoffensive apps, which in truth were malware used to steal Android users’ banking logins. According to experts who…