As the Street wonders when Apple can break through the $3 trillion mark, investors should look even further ahead: Is a $4 trillion market cap on the horizon?
SEC Moves First DeFi Unregistered Securities Lawsuit
The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported
EV stocks mixed in premarket trading. Tesla rose nearly 1%, Chinese stocks fell in premarket trading.Electric carmaker Tesla, Inc.'s stock pricewent into a funkafter it reported earnings last week. At the start of this week, however, it is accelerating. Toward the close of trading Monday, the Palo Alto, California-based company's stock was changing hands at $714, an increase of nearly 4% since the start of trading. Many reasons are being put forward to explain the jump in Tesla's shares.Electri