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Tesla Earnings Disappoint, Revenues Beat Estimates

Tesla earnings

Tesla (TSLA) stock is under selling pressure giving up over 3% in the after market as investors digest the earning report.

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BIS launches second green bond fund for central banks

BIS FX execution green bond

The euro-denominated, open-ended green bond fund for central banks builds on the success of the first, US dollar-denominated green bond fund

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Boohoo To Acquire Debenhams for £55m

Debenhams

Boohoo the online giant will acquire Debenhams for £55m in a strategic move that will enhance its online store offering new brands

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Global futures and options trading reaches record level in 2020

Global futures and options trading reaches record level

FIA released yearly statistics that show the total number of futures and options traded on exchanges worldwide reached a record level of 46.77 billion contracts in 2020, up 35.6% from 2019.

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GameStop (GME) Crushes Short Sellers and Andrew Left

GME GameStop

GameStop (GME) jumps 36.65% at $58.63 having hit earlier on the session as high as $76.76 as the fight between longs and shorts intensifies.

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United Wholesale Mortgage, (UWMC) and Gores Holdings IV, (GHIV) Announce Closing of Business Combination

United Wholesale Mortgage UWMC

United Wholesale Mortgage, LLC ("UWM"), and Gores Holdings IV, Inc. (GHIV, GHIVU, and GHIVW), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of The Gores Group, LLC announced the closing of their previously announced business combination, which hails as the largest SPAC transaction

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Google Might Remove its Search Engine from Australia

Australia Google Alphabet

Search engine giant Google (GOOGL) threatens to remove Google search engine from Australia after the Aussie government prepares a new law that will ask the company to share royalties with publishers.

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Here is why IBM Slumps

IBM

IBM is over 6% lower in after market trading after the company reported mixed results for the fourth quarter.

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The Riksbank’s new reference rate is called SWESTR

Riksbank SWESTR digital money

The Riksbank’s new transaction-based reference rate for the shortest maturity in Swedish krona has been given the name SWESTR (Swedish krona Short Term Rate).

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Stock upgrades and downgrades in December 2020

Upgrades and downgrades (2)

Stock upgrades and downgrades in December 2020. Find out December 2020 Stock upgrades and downgrades from the top analysts in Wall Street.

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