The amount of venture capital invested in startup companies decreased from $514 million in 2019 to $257 million in 2020.
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.
