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Potential COVID-19 vaccines touted by pharmaceutical giants Pfizer and Moderna have upturned markets over the past 10 days, with investors flocking to stocks that might benefit from a potential return to normal life. In fact, companies in the S&P 500 have added more than $1 trillion to their market values since Pfizer’s announcement, and both the…

Chinese electric vehicle stock NIO is now up 1,200% for the year-to-date and has shown little sign of slowing down. Often pegged as a primary Tesla rival, NIO is today worth almost $66 billion, making it the sixth most valuable carmaker in the world ahead of major marquees like US’ General Motors and Germany’s BMW.…

Warren Buffett’s flagship investment house Berkshire Hathaway could’ve sold up to $5 billion worth of Apple stock last quarter, reports Business Insider. Citing SEC docs filed on Monday, BI calculated Berkshire held roughly 964.5 million Apple shares on September 30, worth nearly $112 billion dollars. But Berkshire disclosed $91.5 billion in Apple stock on June…

After serving 1 million users for over two years in test mode, WhatsApp Pay is finally launching in India. The company first launched the payment service in the country in 2018, but faced regulatory hurdles in getting approval for a full-fledged launch. WhatsApp‘s payment system is based on a standard called Unified Payment Interface (UPI),…

Intel stock is trading at its lowest point since May 2019. Bad news for shareholders, sure, but the company’s short sellers are likely over the moon — unlike Tesla’s. Intel stock fell nearly 14% in the 30 days preceding October 28, during which time the total value of the company’s shorts fell by nearly $1.35 billion,…

The New York Department of Financial Services (DFS) has called on the government to regulate social media giants in response to July’s dramatic Bitcoin-themed Twitter hack. “Given that Twitter is a publicly traded, $37 billion technology company, it was surprising how easily the [h]ackers were able to penetrate Twitter’s network and gain access to internal tools…

Hi-tech drug discovery firm Schrödinger, Inc. (SDGR) is up 100% since its IPO earlier this year, and one of Wall Street‘s “most intriguing and mysterious” billionaires just cashed in. David Shaw, the secretive 69-year-old investing legend, has now sold more than $127 million worth of SDGR stock in the past month alone. In that time, SDGR’s…

The sale and promotion of derivatives of bitcoin BTC and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is a further blow to the burgeoning cryptocurrency market, coming days after the US authorities indicted the owners of leading crypto derivatives exchange BitMex…

Biotech stocks continued to surge on Wednesday after two scientists responsible for gene-editing tool CRISPR received this year’s Nobel Prize for Chemistry. CRISPR-powered stocks Intellia Therapeutics (NTLA), Editas Medicine (EDIT), and Beam Therapeutics (BEAM) have now jumped 13%, 11%, and 6% respectively. CRISPR Therapeutics (CRSP), co-founded by one of the Nobel winners Emmanuelle Charpentier, is also up more…

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Sloterdijk used to say: Your imagination is the only tool in the book! Bitcoin price We closed the…