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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

European stocks edge lower as investors eye the spread of the Delta variant, while China s tech sector weighs regulatory scrutiny
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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

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

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. . 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

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. . 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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