Month: July 2021

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week SpaceX owns Bitcoin, Elon Musk and Nic Carter believe BTC
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In this article CYDY Young chemist working with chemical substances during scientific experiment in laboratory. skynesher | E+ | Getty Images Company: CytoDyn Inc. (CYDY) Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. Its
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In this article AXP INTC SAM HON TWTR S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained 3.4% after reporting its fastest revenue
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What bond-market guru Mohammed El-Erian said Friday was enough to make bond investors listen like they’re in an old E.F. Hutton commercial. “Inflation is not going to be transitory,” the chief economic adviser at Allianz SE said in an interview on Bloomberg TV. El-Erian likened it to his belief in 1999 that Argentina would default,
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Municipals were steady in typical summer Friday style ahead of a less-than-robust new-issue calendar to end July. The U.S. Treasury 10-year ends 10 basis points higher than it started the week, but back to levels of a week ago, while the stock market rallied and earnings pushed them to all-time record highs Friday. Triple-A benchmarks
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Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin battles $34,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD just hitting the $34,000 on Bitstamp on Saturday before returning to linger around $200 lower. The past 24 hours
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The Puerto Rico Aqueduct and Sewer Authority plans to refund $1.8 billion of outstanding 2012 debt in an August deal, coming into a market that is starved for high-yield paper. For several months the authority and the Puerto Rico Oversight Board has mentioned the possibility of refunding the authority’s Series 2012A bonds. On Friday it
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US stocks ended Friday at a new high, reversing steep losses at the start of the week, as fears about the Delta variant of coronavirus were soothed by strong corporate earnings and continued central bank support for financial markets. The S&P 500 climbed 1 per cent, lifting the index’s weekly gain to 2 per cent
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Akron, Ohio-based FirstEnergy Corp. agreed to pay $230 million to resolve federal charges in connection with an alleged bribery scheme involving a $1 billion public bailout for two nuclear power plants owned by a bankrupt subsidiary with municipal debt. Federal authorities charged the public utility holding company with conspiring to commit honest services wire fraud.
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Mark “Forger” Stucky, after piloting the company’s first successful spaceflight on December 13, 2018. Virgin Galactic Mark “Forger” Stucky, Virgin Galactic‘s flight test director and pilot, is no longer with the space tourism company. “I am now a former Director of Flight Test and former SpaceShipTwo pilot,” Stucky wrote in a post on LinkedIn. He
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