Most Hollywood studios have started their own streaming services to compete in the evolving media market. Sony picked a well-established partner instead.
NIO Limited and XPeng Inc. have made further progress in their endeavor to pursue a listing outside of the U.S.What Happened: Nio and XPeng have filed regulatory applications to list their shares on the Hong Kong stock exchange, local Chinese media outlet cls.cn reported, citing people familiar with the matter.Li Auto Inc. has yet to submit its application, the report said.Nio and XPeng spokespeople declined to comment on the report when contacted by Benzinga.The news of the Chinese EV trio —
‘Bitcoin could be next domino to fall as investors rush to book profit,’ says technical analyst
Bitcoin prices were under pressure on Thursday, and the world’s No. 1 crypto could see further bearish pain in the near term if stocks continue to buckle, according to an analyst.At last check, bitcoin was changing hands at $51.743 on CoinDesk, with the asset briefly touching a low at $50,458.10 over the past 24 hours and trading around its lowest point in over two weeks.“If so, this could be further bad news for Bitcoin. The crypto has been correlating positively with risk assets over the past