1157 days ago
Biotech stocks get a bid in February #VXRT #DVAX
Some kind of rotation back into biotechs as healthcare more generally remains a focus in covid-19 era
1157 days ago
Wood buys 62,497 shares of protein engineering giant Codexis.
Wood is a fan of the omics revolutions. We wrote a paper on Proteomics which compliments this investment well. Codexis could be a large player in the protein R&D space and this could just be the beginning for Ark Invest. Source: Eric Balchunas
1158 days ago
The Bitcoin rally initiated by Musk almost disappeared
When Elon Musk posts, markets move. This rule did not fail last week, when he changed his Twitter bio to "#bitcoin". The cryptocurrency surged 16% to $38'627 on Friday, but it is now back to the 33 thousands. So far, the Bitcoin has shed $8'000 from its $42'000 all-time high, but remains up 250% in the past year.
1158 days ago
Nintendo sales soar - Best quarterly earnings since 2008
The combination of a high video console demand and a shortage on Microsoft's and Sony's side was the perfect opportunity for Nintendo to sell their Switch. The company saw sales of 229.7 billion yen ($2.2 billion), vs. 189.6 billion yen expected. They raised their sales forecast for the year and expect to sell 26.5 million, vs 24 million previously expected. They are no working on an upgraded version of the Switch with a 4k output.
1158 days ago
262m Kuaishou users check the app an average of 10 times a day.
''The ByteDance Ltd. rival has become the biggest live-streaming platform for virtual gifts, with more paying monthly users than any other in the world. The firm, which takes a cut of the tips fans give to performers, raised $5.4 billion in Hong Kong in the biggest internet initial public offering since Uber Technologies Inc. in 2019.'' Source: Bloomberg
