According to industry experts, the global chip shortage that has hit the automotive sector so hard could spread into 2022 and affect smartphone manufa…
Author archives: Cristian Bustos
Silvergate Capital’s Profit Grew 283%, Bitcoin to Hit All-Time Highs
Silvergate Capital (NYSE:SI) reported Q2 earnings of $42.5 million, which accounts for a 283% growth from Q2 2020. Canaccord Genuity analyst Joseph Va…
HalloApp, The Ad-Free Social Network That Challenges Facebook
Facebook Inc (NASDAQ:FB) and WhatsApp have a new rival in the market. It is called HalloApp and promotes itself as the “first network of real relation…
Johnson & Johnson Anticipates Covid Vaccine Sales of $2.5 Billion in 2021
Johnson & Johnson (NYSE:JNJ) is expecting its COVID-19 vaccine to reach $2.5 billion in sales this year, despite concerns about the injection’s ef…
Jeff Bezos Kicked Off Space Tourism Onboard Blue Origin
Jeff Bezos, the founder of Amazon Inc (NASDAQ:AMZN), took off to outer space on a Blue Origin mission, hence kicking off space tourism. Q2 2021 hedge…
COVID-19 Recession, The Shortest in U.S. History, Officially Over
The COVID-19 recession in the U.S. is officially over, according to the National Bureau of Economic Research on Monday. It is also the shortest but on…
Bitcoin Falls Below $30.000 Over Delta Variant Fears
Bitcoin falls 6% to $30,000 for the first time in more than a month, as the Delta variant of COVID-19 spreads, threatening to sweep away the rest of t…
Facebook Stock Dips After Biden’s Vaccine Misinformation Accusations
Facebook Inc (NASDAQ:FB) stock dipped 0.4% premarket on Monday after U.S. President Joe Biden’s fierce attack on the company for ––he says–– spreading…
Robinhood IPO: SEC Expects Firm to Reach $35 Billion Valuation
As disclosed on Monday, the Securities and Exchange Commission (SEC) expects Robinhood IPO to reach a $35 billion valuation. Q2 2021 hedge fund letter…
Asian Shares Hit One-Week Low Due to Covid, Inflation
Growing inflation and the bounce in COVID-19 cases have caused Asian shares to fall to the lowest in one week on Monday. Yen and gold rose high as inv…