Anaplan Rallies In Premarket; Decides To Go Private

Shares of Anaplan, Inc. (PLAN) are up more than 28% in pre-market on Monday after the business planning software company announced its decision to go private following acquisition by private equity firm Thoma Bravo in a transaction valued about $10.7 billion, to be paid in cash. The transaction value of $66 per share represents a premium of nearly 46% to […]

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World Market Trends At 5 A.M.

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies. Markets remain strong ahead of the interest rate review decision by the Federal Reserve on Wednesday and the Bank of England on Thursday. Asian stocks have recovered after massive losses on Tuesday. European stocks are trading in positive territory. American stock futures indicate positive opening. […]

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Apple Co-Founder Steve Wozniak: 'I Think Bitcoin Is Going To $100,000'

Technology mogul and Apple co-founder Steve Wozniak has stated that he believes bitcoin is en route to hitting the much-coveted $100,000 price point. Speaking on the ‘Steve-O’s Wild Ride!- Podcast’  ‘Woz’ as he prefers to be called, expressed awe at how successful Bitcoin, and by large cryptocurrencies had become, asserting that it could be the future of finance. “I can’t […]

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Peter Schiff Attempts to Prove Why “Bitcoin Isn’t Digital Gold” Following Plunge Below $40k

Key Takeaways Gold bug Peter Schiff again dunks on Bitcoin, saying it’s in no way comparable to gold. Schiff points to gold outperforming Bitcoin recently as validation of his argument. Bitcoin has often been compared to gold, earning itself the moniker “digital gold” or “gold 2.0” for its price performance over the years. However, skeptics like Peter Schiff have continued […]

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TDCX Rises On Improved Q4 Results

Shares of transformative digital customer experience solutions provider TDCX Inc. (TDCX) are rising more than 8% Wednesday morning after reporting improved fourth quarter results. Profit in the fourth quarter was $21.34 million or $0.15 per share compared with $19.95 million or $0.16 per share a year ago. Revenue for the quarter increased 28.8% year-on-year to $114.5 million. Looking forward, the […]

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Cryptos Rally As White House Executive Order Seen Positive

Cryptocurrencies rallied more than 6 percent early on Wednesday amidst strong hopes that President Joe Biden’s impending crypto order would take a constructive approach in regulating the digital asset industry. The sudden surge in optimism was triggered after an apparently inadvertent early publication of remarks by U.S. Treasury Secretary Janet Yellen on the Presidential Order. A White House Fact Sheet […]

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Veteran Trader Peter Brandt Is ‘Getting Ready To Pull the Trigger’ on Bitcoin

Earlier today, Peter L. Brandt, who is one of the world’ most respected classical chartists, commented on Bitcoin’s latest price action. In 1990, Brandt, who has been a commodity trader since 1976, published the book Trading Commodity Futures with Classical Chart Patterns. Then, in 2011, John Wiley and Sons published his second book, Diary of a Professional Commodity Trader, which “became Amazon’s #1 ranked […]

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