Category: Market

Video: Christopher Snyder on the Vaccine Market

by Bobby Chaim ( Market)

and Susan Hyatt Professor of Economics, and his co-author discuss funding, development, and distribution of COVID-19 vaccines in the U.S. Snyder is a member of the organization Accelerating Health Technologies, which has been analyzing the financing of health technology for COVID-19. “The issue is, are governments willing to pay the social value of these products?” says Snyder. […]

Tata Steel hits Rs 1 lakh crore in market capitalisation, stock touches 52-week high

by Bobby Chaim ( Market)

Tata Steel on Tuesday touched Rs 1 trillion in market capitalisation after the scrip hit a 52-week high of Rs 882.50. It said that benefits of strong cash flows and management’s commitment to lower debt should help Tata Steel to materially deleverage over the next two years. “The rating affirmation and outlook change to stable […]

China’s Purcotton selects PLM to speed market response

by Bobby Chaim ( Market)

Purcotton develops and retails cotton products across categories including clothing and home, cleaning, pregnancy, and feminine care. In 2019, Purcotton embarked on a digital transformation project to integrate central commodity operations, front-end product development management and back-end supply chain management. “Products have always been designed based on the experience of our R&D and design teams,” […]

Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance

by Bobby Chaim ( Market)

The No. The annualized futures premium rate – a gauge of bullish bets – has averaged 22% to 25% on retail-focused derivatives exchanges like FTX, BitMEX, Deribit and Binance. The Securities and Exchange Commission last week sued blockchain company LBRY Inc. The law, which went into effect in 2015, required abortion providers to inform patients […]

Closing Bell: Nifty ends above 14,800, Sensex jumps 460 pts after RBI policy cheers D-Street

by Bobby Chaim ( Market)

Index closed a day at 14819 with gains of nearly one percent and formed a bullish candle on the daily chart. RBI’s decision to maintain its high GDP growth forecast also helped the market to calm down its fears which had increased post the second wave infection and stringent lockdowns. On a day when several […]

NFT’s and Revolutionizing Security in the Art and Collectibles Market

by Bobby Chaim ( Market)

NEW YORK, April 7, 2021 /PRNewswire/ — Despite COVID-19’s impact on galleries, auction houses and retailers, the global art market circulated more than $50 billion in art, while other collectibles such as coins and trading cards saw record sales. A 1952 Topps Mickey Mantle rookie baseball card, the world’s most expensive baseball card, which sold […]

Demand Grows for Cannabis Detection Devices as New States Enter the Market

by Bobby Chaim ( Market)

New York’s new law to tax and regulate cannabis includes various major provisions designed to create a diverse business mix of large and small operators, and it will invest 40% of the anticipated tax revenue into underserved communities, expand medical marijuana access and allow for businesses such as delivery operations and cannabis cafes. For instance, […]