Finance Focused

Investing.Com | March 09, 2020

Gold prices hit their highest levels in eight years on Monday on a fresh wave of panicked flight-to-safety trades across the world that also drove U.S. and European government bond yields to historic lows. However, after briefly breaking through the $1,700 level, they retreated later in the day as U.S. stock markets regained a degree of composure. By 11:35 AM ET (1535 GMT), gold futures for delivery on the Comex exchange were at $1,673.00 a troy ounce, up less than 0.1% on the day. Spot gold was...

OpenFin, BMLL | May 06, 2020

BMLL Technologies announced a collaboration with OpenFin to build their Derived Data desktop application on OpenFin’s OS. By building on OpenFin, BMLL will make its data and analytics available to OpenFin’s ecosystem of users. ...

Tesla | February 04, 2020

Tesla’s red-hot run reached new heights Tuesday, as shares surged past $900 in a rally that stunned Wall Street, a dramatic reversal of fortune from the electric vehicle manufacturer’s situation just eight months ago. Shares spiked more than 15 percent in morning trading, just after the automaker closed Monday up 20 percent at a record-high $780. Propelled by better-than-expected quarterly profits and car deliveries, Tesla now has a market cap of $140 billion — nearly three tim...

Fidelity | August 27, 2020

Fidelity Investments is launching its first Bitcoin fund, adding its establishment name and star power to the fledgling and often controversial asset class. The Boston-based money manager said in a filing to the Securities and Exchange Commission that it will begin to offer the Wise Origin Bitcoin Index Fund I through a new business unit called Fidelity Digital Funds. Peter Jubber, head of Fidelity Consulting, will run the new business unit, the filing shows. The passively-managed, Bitcoin-only ...