Monday’s can be bad but for Agora, the company that powers the popular social-app Clubhouse, bad is an understatement…
Here’s how Agora’s Monday went:
Investors were reminded of a shocking fact: stocks do not only go up as growth stocks — tech in particular — saw their biggest daily drop since October.
Over the past year, historically low interest rates have pushed investors looking for higher returns into the stock market — sending stock prices to record highs.
Peloton classes, Etsy purchases and Netflix binges may be temporary during COVID, but one thing might not be — the digitization of everything.
On Feb. 17, one of the companies fueling this digitization, Twilio released its fourth-quarter earnings report that surpassed expectations:
Says no one ever. But what they do want is a Roku box with all the streaming services.
On Feb. 18, Roku, the streaming device provider, released its fourth-quarter earnings report:
Backed by heavyweights like Bill Gates and Volkswagen, QuantumScape is looking to solve the electric vehicle industry’s billion-dollar problem — slow charging and short-ranged batteries.
On Feb. 17, QuantumScape announced a technological breakthrough of their battery tech in their quarterly earnings report — sending shares up over 13%.
In a simpler time, MicroStrategy was a business analytics company. In the crypto era, MicroStrategy is a Bitcoin company disguised as a business analytics company.
Over the past 6 months, the “business analytics” provider has accumulated over $3.5b worth of Bitcoin — sending its stock up over 600% since its first Bitcoin purchase in Aug. 2020.
On Feb. 16, the company announced it would take out another $600m in debt to buy more Bitcoin…