Here is a 2-minute breakdown of everything important that happened in crypto today.
MicroStrategy’s Trading Volume Rivals That of the Top 7 U.S. Tech Stocks
MicroStrategy has the highest 30-day implied volatility of any magnificent seven stocks.
Gilat Acquires Stellar Blu to Boost IFC Market Presence
The latest announcement is out from Gilat ( (GILT) ). Gilat Satellite Networks Ltd. has completed the acquisition of Stellar Blu Solutions LLC, a US-based provider of next-generation SATCOM terminal solutions, to bolster its growth in the In-Flight Connectivity (IFC) market. The acquisition is expected to significantly enhance Gilat’s position in the aviation and high-end mobility markets, potentially adding $120-150 million in annual revenues by 2025. This strategic move aims to leverage Stella
Rolls-Royce Motors to invest £300m in UK as mass market carmakers retreat
Rolls-Royce Motors is to invest a record £300m to double the size of its UK factory and meet soaring demand for customised cars that can sell for more than £1m.
Crypto Accounting Academy gains CPE accreditation
This achievement places it on the NASBA CPE Registry.
Shell Stock Falls on Forecast of Q4 Integrated Gas Output Slump
Shell shares are falling in premarket trading Wednesday after the oil giant said it expects to post a large quarter-over-quarter production slump in its integrated gas division.
Guyana oil exports jump, gain Europe market share in 2024
Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for easy-to-process sweet crudes to replace some Middle Eastern grades, according to traders and shipping data from financial firm LSEG. Since it started exporting oil in early 2020, the burgeoning oil nation has emerged as the fifth largest Latin American crude exporter after Brazil, Mexico, Venezuela and Colombia. But unlike Latin America's usual offer of heavy sour oil, Guyana's lighter and sweeter crude grades have carved out a rising share in Europe, where most refineries are not as complex as the majority of Latin American and U.S. Gulf Coast plants that turn heavy grades into motor fuels.