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European stocks edge lower as investors eye the spread of the Delta variant, while China s tech sector weighs regulatory scrutiny
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Caos en las elecciones a alcalde de Nueva York tras el recuento erróneo de 135 000 votos de más
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Billionaire investor Stanley Druckenmiller says it will be difficult to unseat bitcoin as the top store-of-value crypto asset, even as new challengers emerge daily egraffeo@businessinsider.com (Emily Graffeo) © Reuters / Brendan McDermid Reuters / Brendan McDermid
Billionaire investor Stanley Druckenmiller told CNBC it will be hard to unseat bitcoin as the top store-of-value crypto asset.
Druckenmiller has previously said he owns some bitcoin.
The investor also said it s too early to tell which crypto asset will dominate other use cases like transactions and smart contracts.
Popular Searches It s going to be very hard to unseat bitcoin, as a store of value asset, because it has a 14 year old brand, it s been around long enough, and obviously, there s a finite supply, Druckenmiller said.
Dow soars 300 points as day-trader restrictions soothe market nerves mfox@businessinsider.com (Matthew Fox) © Reuters / Brendan McDermid Reuters / Brendan McDermid
US stocks gained on Thursday as several brokerage firms placed trading restrictions on a handful of volatile stocks popular with Reddit traders.
Weekly jobless claims fell to a three-week low, suggesting a recovery in the labor market is underway.
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US stocks moved higher on Thursday as several brokerage firms placed trading restrictions on a handful of volatile stocks popular with Reddit traders.
Robinhood, Interactive Brokers, and Webull restricted its users from buying volatile stocks that have been in a short squeeze fueled by traders on Reddit s Wall Street Bets forum.
Playtika skyrockets 34% after raising $1.88 billion in IPO wdaniel@businessinsider.com (Will Daniel) © Reuters / Brendan McDermid Reuters / Brendan McDermid
Shares of Playtika surged as much as 34% Friday, giving the mobile game developer a valuation of almost $15 billion.
Playtika s Thursday IPO raised $1.88 billion for the firm after 69.5 million shares were priced at $27 apiece, slightly above the initial marketed range.
Playtika shares trade on the Nasdaq under the ticker symbol PLTK.
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Shares of Playtika soared as much as 34% on Friday, giving the mobile game-developer a valuation of almost $15 billion in its first day of trading on the open market.
The jump comes after Playtika s Thursday IPO raised $1.88 billion for the firm as 69.5 million shares were priced at $27 apiece.
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