Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
Biopharmaceutical firm Chimerix (NASDAQ: CMRX) shares are trading higher on Friday after the company announced the acquisition of Oncoceutics, a privately held clinical-stage biotechnology company.
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ZW Data Technologies (NASDAQ: CNET) is one of the biggest US stock movers so far today, up 95% at $3.64.
The move comes after the China-based, online advertising, precision marketing, and data analytics company announced that it has reached a strategic partnership with Yujun Capital and its subsidiary Yujun Digital Technology Co., Ltd pursuant to which Yujun Digital will provide online branding and management service to the ZW’s merchant clients.
Handong Cheng, Chairman and CEO of ZW commented, “ZW Data and Yujun Capital will build a five-dimensional platform with digital product selection, brand content marketing, digital growth, private domain traffic operation, and brand digital intelligence. Through integration of capital, strategy, brand, private domain, data and intelligent solutions, we strive to assist our clients in their brand building with blockchain technology.”
Tesla opens up above $800 billion in market cap.
Much like Bitcoin, Tesla’s price just keeps on climbing.
Premarket they are up 4.52% at $852.93.
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Blank cheque firm VPC Impact (NASDAQ: VIH) shares are climbing on Friday after a Bloomberg report that they are nearing a merger with crypto exchange Bakkt.
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According to reports, the UK is set to approve Moderna’s coronavirus vaccine as soon as today.
On Thursday, Moderna’ CEO said ts vaccine would be likely to protect against the virus for a “couple of years.”
Update: Moderna’s vaccine has now been authorised by the UK Medicines Regulator. Doses will be available from the spring.
The UK has ordered an additional 10 million doses, taking its total to 17 million.
We normally only post stock news here, but it is hard to ignore Bitcoin at the moment…
It is well above the $40,00 now, and in the last hour, it touched a new all-time high of $41,000.
BTC/USD is currently priced at 40,897 after a monumental rally which started around October 2020. Just this week its value has gained 23.42%, while in the last six months it has risen over 288%.
Shares of Eurasia Mining plc (LON: EUA) plunged 8.8% despite the lack of major announcements from the Russia-focused Palladium miner.
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