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Chipotle Mexican Grill Inc (NYSE: CMG) is up 7.0% in extended hours after announcing plans of a 50-for-1 stock split. Why is $CMG opting for a stock split? The international chain of fast casual restaurants will seek shareholder approval for the stock split at its annual meeting in June, as per its press release on […]

• March 19, 2024 03:39 PM PDT
• Invezz

Investment management giant BlackRock (BLK) has launched a tokenized asset fund, as revealed in a filing with the U.S. Securities and Exchange Commission (SEC). The fund has been kickstarted with an initial deposit of $100 million in USDC stablecoin on the Ethereum Network, marking BlackRock’s foray into the world of tokenized investment vehicles. BlackRock partnership […]

• March 19, 2024 01:44 PM PDT
• Invezz

Microsoft Corp (NASDAQ: MSFT) just hired the cofounder of DeepMind – an artificial intelligence startup that Google bought in 2014. Its shares are up nearly 1.0% at writing. Suleyman also cofounded an AI startup called Inflection AI Mustafa Suleyman will now serve as the chief executive of Microsoft AI. It’s been more than a year […]

• March 19, 2024 10:47 AM PDT
• Invezz

Dell Technologies Inc (NYSE: DELL) is up 2.0% on Tuesday after it received a big compliment from Jensen Huang – the chief executive of Nvidia Corp (NASDAQ: NVDA). Nvidia says Dell is the best at what it does Huang sees $DELL as the best at “building end-to-end systems of very large scale for the enterprise”. […]

• March 19, 2024 10:14 AM PDT
• Invezz

The cryptocurrency market is a dynamic arena where innovation, technology, and investment opportunities converge. Among the myriad platforms making waves are the Solana volume trend, Bitcoin Cash (BCH) price rally, and the nascent BlockDAG coin, which stand out for their distinctive features and potential to redefine the digital currency landscape. Bitcoin Cash (BCH) price rally […]

• March 19, 2024 10:00 AM PDT
• Invezz

Zug, Switzerland, March 19th, 2024, Chainwire Streamr has announced the launch of the Streamr Network 1.0 mainnet, a landmark milestone that signifies the completion of the original 2017 roadmap. 1.0 introduces the full deployment of the $DATA token incentive layer, transforming the network into a feature-complete, fully decentralized protocol run and operated by its users. […]

• March 19, 2024 09:48 AM PDT
• Invezz

Best Buy Co Inc (NYSE: BBY) is in the green at writing after a senior Loop Capital analyst issued a bullish note in its favour. Best Buy stock has upside to $93 Anthony Chukumba reiterated his “buy” rating on the electronics retailer this morning and raised his price to $93 which suggests about a 20% […]

• March 19, 2024 09:26 AM PDT
• Invezz

Bitcoin halving, arguably one of the most significant events in the cryptocurrency world, is just a month away. It occurs approximately every four years—or after every 210,000 blocks—are added to the blockchain. What is Bitcoin halving? The Bitcoin halving is a fundamental mechanism designed to reduce the rewards for mining new blocks by half, thereby […]

• March 19, 2024 09:21 AM PDT
• Invezz

Terra Classic validator TerraCVita confirmed they have completed the compensation package for Terraport hack victims. The team plans to repay users who suffered from the April 2023 security hack, which led to losses amounting to $4 million. TerraCVita announced its plans for reimbursing the victims last week. The validator emphasized not offering refunds but compensation, […]

• March 19, 2024 08:13 AM PDT
• Invezz

Transport officials urgently recalled nearly 2,000 Mercedes-Benz vehicles after discovering a manufacturing flaw in certain models that pose a critical safety hazard to their drivers. Affected Mercedes- Benz models Several models of the luxury car were recalled yesterday after detecting a manufacturing defect in them. Some of the models to be recalled were AMG GT, […]

• March 19, 2024 08:03 AM PDT
• Invezz