Crypto market
Expert on Trump's launch: Unbelievable that it is legal
Nordea's investment manager Robert Næss is strongly critical of Donald Trump's launch of the cryptocurrency trump a day before Monday's inauguration. This is reported by Dagens Næringsliv.
- It is unbelievable that this is legal, says Næss.
He emphasizes that Trump will make decisions in the coming weeks that directly affect the industry and that the launch could lead to a bull market.
The meme currency trump surged from $6 to $75 on Sunday, with a peak valuation of $14 billioauto_awesomen. The currency has since retreated since Trump's wife Melania Trump launched a meme currency.E
Expert on Trump's launch: Unbelievable that it is legal
Nordea's investment manager Robert Næss is strongly critical of Donald Trump's launch of the cryptocurrency trump a day before Monday's inauguration. This is reported by Dagens Næringsliv.
- It is unbelievable that this is legal, says Næss.
He emphasizes that Trump will make decisions in the coming weeks that directly affect the industry and that the launch could lead to a bull market.
The meme currency trump surged from $6 to $75 on Sunday, with a peak valuation of $14 billioauto_awesomen. The currency has since retreated since Trump's wife Melania Trump launched a meme currency.E
Bitcoin reaches new record - hours before the inauguration
The Bitcoin price surged to $109,114 in the morning - a new record for the cryptocurrency. This is happening just hours before Donald Trump's inauguration later today.
Trump is seen as crypto-friendly and this weekend he launched the cryptocurrency trump. Shortly afterwards came the news that his wife Melania Trump has started her own version.
The flood of reports
Expert: The US outshines Europe in the flood of reports
The profits in the US flood of reports will probably outshine expectations in Europe by a wide margin. This is predicted by JP Morgan strategists, according to Bloomberg.
Downgraded profit expectations in the US in combination with more challenging forecasts for cyclical and defensive companies in Europe, among others, are some of the reasons behind it.
"This makes Europe exposed to higher risk," writes JP Morgan analyst Mislav Matejka in a comment.
The tours around Tiktok
Tiktok is back in the US: "Thanks to Trump's efforts"
Tiktok in the US is back up and running for the American audience. It's "thanks" to Donald Trump, the company's own account on the app announces in a welcome message, according to TT.
This weekend, the app was temporarily shut down for American users after the company failed to meet the requirement to bring in American owners. When Donald Trump is sworn in later today, he is expected to give Tiktok a 90-day deadline to continue operations. He has also opened the door to only requiring 50 percent American ownership for the app to continue.
Expert: The US outshines Europe in the flood of reports
The profits in the US flood of reports will probably outshine expectations in Europe by a wide margin. This is predicted by JP Morgan strategists, according to Bloomberg.
Downgraded profit expectations in the US in combination with more challenging forecasts for cyclical and defensive companies in Europe, among others, are some of the reasons behind it.
"This makes Europe exposed to higher risk," writes JP Morgan analyst Mislav Matejka in a comment.
The tours around Tiktok
Tiktok is back in the US: "Thanks to Trump's efforts"
Tiktok in the US is back up and running for the American audience. It's "thanks" to Donald Trump, the company's own account on the app announces in a welcome message, according to TT.
This weekend, the app was temporarily shut down for American users after the company failed to meet the requirement to bring in American owners. When Donald Trump is sworn in later today, he is expected to give Tiktok a 90-day deadline to continue operations. He has also opened the door to only requiring 50 percent American ownership for the app to continue.
The world's richest
Oxfam: The first dollar billionaires will soon be born
The first dollar billionaires are expected to appear in the next decade – those with fortunes of over $1 trillion. Oxfam writes in its latest report on economic inequality, according to CNN Business.
"It's a sum that is impossible to take in," says Oxfam's policy director Rebecca Riddell.
The first to emerge is expected to be Elon Musk, who currently has over $400 billion. If the trend continues, he will become a dollar billionaire within five years, Oxfam predicts.
The report is based on Forbes data and is released ahead of the Davos summit, which starts this week.
Oxfam: The first dollar billionaires will soon be born
The first dollar billionaires are expected to appear in the next decade – those with fortunes of over $1 trillion. Oxfam writes in its latest report on economic inequality, according to CNN Business.
"It's a sum that is impossible to take in," says Oxfam's policy director Rebecca Riddell.
The first to emerge is expected to be Elon Musk, who currently has over $400 billion. If the trend continues, he will become a dollar billionaire within five years, Oxfam predicts.
The report is based on Forbes data and is released ahead of the Davos summit, which starts this week.
Inga kommentarer:
Skicka en kommentar