Retail investors in GameStop (GME) have caused hedge funds to short-selling the stocks $19.7 billion in losses in January, reported CNBC. The rally led by Redditors on the subforum Wall Street Bets has driven the stock prices to $347.51. The...
China just surpassed the United States as the leading foreign direct investment destination across the globe, reported the Wall Street Journal. This is a result of the economic impact of the pandemic, according to experts. China, which has been ranking...
The flood of institutional investors caused a dramatic increase in the assets of New York-based investment firm Grayscale, reaching $20.2 billion from $2 billion last year. The company’s Bitcoin Trust program went popular as a way to publicly trade and...
Indonesia-based investment application and robo-advisor Bibit successfully raised $30 million in fresh funding. According to Tech Crunch, the new funding brings the company’s total to $45 million. The funding round was led by Sequoia Capital India. Apart from the lead...
Expanding in three markets, Dayton-based investment firm The Connor Group has made huge purchases in Indianapolis, Tampa, and North Carolina. In about eight days, the firm has closed a $183 million worth of property, reentering the Indianapolis market. Last December...
Online food delivery and restaurant guide company Zomato announced Friday, December 18, 2020, that it had closed a $660 million deal in its Series J financing round. According to the Economic Times, the investment allowed the company to reach...
Uber Technologies Inc. sold its self-driving unit called Advanced Technologies Group (ATG) to Aurora Innovation in a deal announced Monday, December 7, 2020. According to Reuters, the deal is valued at $4 billion. The deal is expected to close...
Billion-dollar worth Australian investment group Pendal Group has started to diversify its portfolio into Bitcoin, as contracts on Chicago Mercantile Exchange showcases huge potential than gold. Many of the firm’s clients have been asking about investing in Bitcoin, and how...
Cloud service provider CloudBolt recently raised $35 million led by Insight Partners, to elevate the hybrid cloud environment and develop multi-tools for innovation. Out of the injected funds, roughly $15 million will go straight into equity investment, and the remaining...
Autonomous delivery startup company Nuro announced its successful foray into a Series C investment round on Monday, November 9, 2020. In its press release, the company shared that it raised $500 million in funding, with its total valuation at...

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