Alibaba stock slides after China crackdown on Ant Group

Alibaba ant group

Alibaba stock slid in early trading this morning after China cracked down on Ant Group. The People’s Bank of China ordered Alibaba’s Ant Group to return to its payment processing roots. That means the company’s investment, insurance and investment products may have to be dropped. Q3 2020 hedge fund letters, conferences and more However, the […]

The post Alibaba stock slides after China crackdown on Ant Group appeared first on ValueWalk.

Read More

Rumors Of A Brexit Agreement Trigger A Santa Claus Rally

Brexit Agreement Talks Brexit no-deal Brexit Doomsday Plan

Commenting the rumors of a Brexit agreement and on today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The Rumors Of A Brexit Agreement The major indices are all trading slightly higher following the first hour of trading, with tech stocks leading the way higher on Wall Street. […]

The post Rumors Of A Brexit Agreement Trigger A Santa Claus Rally appeared first on ValueWalk.

Read More

Why Bitcoin is Growing and The Impact of Institutional Investors on Bitcoin Growth

Institutional Investors Bitcoin Growth

The digital economy we now live in witnessed the debut of blockchain technology and digital currencies with Bitcoin as the flagship currency more than a decade ago. Q3 2020 hedge fund letters, conferences and more As a currency, Bitcoin has an inherent value attached to it. When the coin was launched back in 2009, it […]

The post Why Bitcoin is Growing and The Impact of Institutional Investors on Bitcoin Growth appeared first on ValueWalk.

Read More

Small-Caps Continue Their Record-Breaking Streak

Small Caps Streak new york stock exchange

Commenting on small-caps continuing their record-breaking streak and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Volatility Index Continues To Drop Holiday trading conditions were dominant on Wall Street for the second day in a row, as volatility plummeted despite the mixed political headlines. Stocks remained encouragingly […]

The post Small-Caps Continue Their Record-Breaking Streak appeared first on ValueWalk.

Read More