Notwithstanding the broader market rally, electric vehicle stocks closed the week ending Aug. 12 on a mixed note. Market leader Tesla, Inc. (NASDAQ: TSLA) picked up momentum in the run-up to its stock split, which is set to take effect on Aug. 25.
Bitcoin (CRYPTO: BTC) was trading mostly flat during Friday’s trading session. The crypto has been unusually quiet over the month of August, trading mostly sideways between about $22,700 and $24,300.
Loup Ventures is a tech centered hedge fund with a keen focus on frontier tech companies — or companies pushing the boundaries of technological capabilities.
Ethereum has been on a tear over the last week, gaining more than 20% in the last seven days and hitting the $1,900 level for the first time in two months. Here’s a look at what happened and how much a small investment in the second largest cryptocurrency could be worth if all-time highs are hit once again.
Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.