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Weekly Market Update: 2 May 2022

Weekly Market Update: 2 May 2022

by Styliana Charalambous | May 2, 2022 | Articles, Forex, Index Funds, Inflation, Investing, Investor, investors, Learning, Portfolio, Stocks

 Previous week recap One of the most important events of the previous week was the US GDP q/q. The U.S. economy shrank in the first three months of the year,  and faces threats from high inflation and rising interest rates, yet economists foresee a return to...
Goldman Sachs Offers Its First Bitcoin-Backed Loan

Goldman Sachs Offers Its First Bitcoin-Backed Loan

by Styliana Charalambous | Apr 29, 2022 | Articles, Forex, Index Funds, Inflation, Investing, Investor, investors, Learning, Portfolio, Stocks

 Goldman has reportedly offered its first ever lending facility backed by BTC as the Wall Street giant deepens its Bitcoin offerings. The arrangement, made popular over the past few years in the Bitcoin industry by newer companies, enables a bitcoin holder to...
Elon Musk strikes deal to buy Twitter for $44bn

Elon Musk strikes deal to buy Twitter for $44bn

by Styliana Charalambous | Apr 27, 2022 | Articles, Forex, Index Funds, Inflation, Investing, Investor, investors, Learning, Portfolio, Stocks

Tesla CEO Elon Musk stands to be the next owner of Twitter, having pledged roughly $44bn to buy the social media platform. Musk, a self-described “free-speech absolutist”, has promised to develop new features including “authenticating all...
Netflix’s stocks plunges by 35% wiping more than $50 billion off market cap

Netflix’s stocks plunges by 35% wiping more than $50 billion off market cap

by Styliana Charalambous | Apr 21, 2022 | Articles, Forex, Index Funds, Inflation, Investing, Investor, investors, Learning, Portfolio, Stocks

  Shares of Netflix closed down more than 35% Wednesday after the streamer reported earnings Tuesday evening that showed it lost subscribers for the first time in more than 10 years. The results and weak outlook led to a wave of downgrades from Wall Street on...
Microsoft Buys Activision for $69 Billion with Eyes on Metaverse Development

Microsoft Buys Activision for $69 Billion with Eyes on Metaverse Development

by Styliana Charalambous | Jan 20, 2022 | Articles, Forex, Index Funds, Inflation, Investing, Investor, investors, Learning, Portfolio, Stocks

  Tech giant Microsoft has announced that it has purchased game publisher Activision Blizzard for $69 billion. The record-breaking deal gives the company the chance to tap into several video game franchises for its metaverse initiative. Microsoft’s...
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