Lemonade, the insurance company that uses AI technology to issue its policies, is expanding into the car insurance market.
Robinhood and Coinbase, two major trading platforms, snatched the first two spots in Apple’s app store this week.
New Residential Investment Corporation announced in a press release that it partnered with a Lone Star Funds affiliate to acquire Caliber Home Loans.
Morgan Stanley sold around $5 billion of Archegos Capital Management stock to a small group of hedge funds in late March.
According to Shimron, every 1% move in the Bitcoin price causes a 2.5% change in mining shares. This goes both ways, as drops in price also have a 2.5% negative effect on share returns.
Tencent Holdings experienced a stock drop so sharp that it cost the company $62 billion in value within two days.
Shares of Tencent have plunged after President Trump signed an order banning WeChat.
