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Market News
October 20, 2021
Tesla Shifting to Cheaper Battery Chemistry Tried in China
Tesla Inc. said it’s shifting to cheaper lithium-iron-phosphate batteries globally, a move away from the chemistry used to power most electric cars...
October 20, 2021
Vita Coco Prices IPO Below Range at $15 a Share
Vita Coco Co., the maker of coconut beverages, priced its initial public offering below its targeted range at $15 share, according to a person with...
October 20, 2021
Mester Says No Rate Hike ‘Any Time Soon,’ Watching Inflation
U.S. interest-rate hikes are not coming “any time soon” according to Cleveland Federal Reserve President Loretta Mester, though U.S. central...
October 20, 2021
Emboldened Bitcoin Bulls Shoot for Moon After Smashing Record
There’s elation and there’s euphoria, and then there’s the unrestrained rapture that descends upon Bitcoin’s emboldened bulls whenever the...
October 20, 2021
The Second U.S. Bitcoin ETF Is Set to Start Trading Friday
The second-ever U.S. Bitcoin futures exchange-traded fund is set to launch on Friday.
October 20, 2021
Equinox, Owner of SoulCycle, Is In Merger Talks With Ares SPAC
Equinox, whose gyms are frequented by Wall Street staffers among others, is in talks to go public through a merger with Ares Acquisition Corp. after...
October 20, 2021
JPMorgan Says Bitcoin’s Record Run Is Being Driven by Inflation
Inflation concerns rather than exuberance about the first U.S. Bitcoin futures ETF is driving the digital currency to record highs, according to...
October 20, 2021
Alan Dershowitz Urges Judge to Reinstate Trump on Social Media
Harvard Law School Professor Alan Dershowitz, who helped defend former President Donald Trump in his first impeachment, urged a federal judge to...
October 20, 2021
U.S. Backs Vaccine Mixing; Singapore Extends Curbs: Virus Update
U.S. regulators approved the mixing of vaccines as they cleared boosters for the shots made by Moderna Inc. and Johnson & Johnson.
October 20, 2021