According to data from the Security and Exchange Commission, Mark Zuckerberg has been selling Facebook Inc (NASDAQ:FB) shares every day since November…
Author archives: Cristian Bustos
Fed Chair: Achieving ‘Substantial Further Progress’ Is Still a Ways Off
According to Federal Reserve Chair Jerome Powell, the U.S. economic recovery is yet to allow the scaling back of the central bank’s substantial monthl…
U.S. Inflation Rises to 5.4% in June, the Highest Rate Since 2008
According to the Bureau of Labor Statistics (BLS), consumer prices in the U.S. stood at 5.4% in June year-on-year, the highest since 2008 and 0,4% abo…
What Happened During Elon Musk’s Second Day in Court Over SolarCity Deal?
Tesla Inc (NASDAQ:TSLA)’s CEO Elon Musk’s second day in court testifying on the 2016 SolarCity acquisition was a headline-generating one. Musk a…
5 “Unknown” Cryptocurrencies Leading Profitability In 2021
Beyond flagship tokens such as ethereum or litecoin, some unknown cryptocurrencies have accumulated some juicy profitability in the last 6 months, acc…
Bank Of America Underperforms In Q2, Shares Dip
Bank of America Corp (NYSE:BAC)’s Q2 revenue fell short of expectations according to its earnings release, causing its shares to dip 2.1% in Wednesday…
ByteDance Scraps U.S. IPO After Meeting with Chinese Officials
ByteDance, the company that owns social network TikTok, has indefinitely abandoned its intention to go public in the U.S. after the Cyberspace Adminis…
Investors, Desperately Looking for Next Hit Product on Amazon
A sizzling competition is taking place among Wall Street-backed investors looking for the hottest small brands selling their products on Amazon Inc (N…
Elon Musk To Testify Over Tesla’s SolarCity Acquisition
Tesla Inc (NASDAQ:TSLA)’s acquisition of SolarCity in 2016 has come into scrutiny as Elon Musk is required to testify Monday about the $2.5 bill…
Investors in China, Looking At Other Markets as IPO Scrutiny Builds
Chinese regulators’ growing scrutiny of local companies’ overseas IPO’s –namely in the U.S.– are prompting investors to look elsewhere. Funds in China…