A heartbreaking video of a ten-year-old migrant boy wandering alone in Texas near the border has gone viral. The video released by US Customs and Border Protection shows the boy from Nicaragua walking in the rural caliche road in Texas after reported being abandoned by a group of immigrants that had crossed into the US.
Month: April 2021
Bitcoin is gaining bullish momentum after the cryptocurrency bounced off the lower Bollinger Band. On Wednesday, a wave of selling dominated the BTC market after the price dropped below $56,000. BTC ready to rally to new all-time high Unfortunately, the selloff resulted in $1.4 billion liquidations, with some analysts suggesting that this is the last
The cryptocurrency industry has been performing exceptionally this past, and companies involved in the sector are reaping big. For instance, crypto exchange Coinbase has announced that its Q1 revenue was up 800% YoY, but warned that there is a lot of market volatility currently to issue solid financial projections. Coinbase expects exceptional 2021 despite market
Despite the COVID-19 pandemic, real estate investment has remained strong with the considerable foreign capital increase. For instance, the Pasadena subsidiary of a Chinese-based corporation has acquired a Calabasas office campus for around $79 million, according to the real estate company handling the deal. Gemdale acquired the Park Calabasas office campus. Gemdale USA purchased the
US President Joe Biden launched an infrastructure packaged dubbed the American Jobs Plan at the end of last month, which includes investments to re-energize power infrastructure and enhance renewable energy. One clean energy ETF, Invesco Solar ETF (NYSEAMERICAN:TAN), looks to leverage opportunities in the sector. Invesco Solar ETF leveraging clean energy opportunities The fund plans
Over the past year bonds hit hard by COVID-19 have rallied and rewarded investors who took a gamble. One prime example is cruise company Carnival Corporation (NYSE:CCL) which pawned ships to borrow around $4 billion from investors asking an 11.5% interest rate. Interestingly, the yield on the binds has dropped below 4% as bonds increase
Credit Suisse Group (NYSE:CS) revealed last week that it could incur heavy losses following the US hedge fund Arhegos Capital’s meltdown. As a result, the company reported several high-level departures and has proposed dividend cuts as it considers the heavy losses from the saga. Archegos Capital saga cost Credit Suisse $4.7 billion charge Archegos Capital’s
The Kingdom of Saudi Arabia raised oil shipment prices for customers in its main Asian market, signaling the country’s economic recovery confidence. The move comes after OPEC+ members led by Saudi Arabia and Russia agreed to increase daily oil production between May and July by over 2 million barrels. OPEC+ to ease oil production curbs
The market has been in correction mode since topping record highs in February. A 5% plus pullback in recent weeks has aroused concerns given the sell-offs that have come into play. Amid the sell-off, fundamentals have continued to improve, affirming that the recent pullback might be a minor correction pending further upside action. Market Bounce
Thousands of amateur investors learned a painful lesson last week that stocks don’t always rally after an IPO. The investors increasingly see their fortunes Deliveroo dissipate as the newly listed food delivery app stock continues to edge lower. Deliveroo IPO Deliveroo was expected to be a runaway success as it went public as a darling
George Floyd’s death, in the hands of a brutal police officer sparked widespread riots that brought many cities in the US to a standstill. The trigger was a viral video that showcased police brutality in one of the most despicable actions. While it was highly expected that the video would be the center of the
Bitcoin has once again bounced back after a 10% plus correction. The bounce-back does not come as a surprise as the cryptocurrency has continued to send shockwaves in the mainstream industry. Likewise, it continues to elicit interest from mainstream entities looking to profit from the massive price swings that remain in play. CME Group Bitcoin
The cryptocurrency industry was a buzz of activity in the first-quarter going by massive investments by mainstream firms that saw digital currencies rally to record highs. With the race to mainstream adoption gathering pace, it promises to be an exciting year as investors jostle for opportunities in the nascent industry. ImToken Funding Round Chinese Startup
It was highly expected that the COVID-19 pandemic would trigger massive defaults in the real estate sector on shuttering offices, hotels, and stores. A group of investors holding a record hoard of cash had sought to benefit from any upheavals in the industry that would result in a significant drop in property prices. Real Estate