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Amazon posted a crypto job. Bitcoin surged 14{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272}

By Alexis Benveniste, CNN Business

Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring Monday.

Bitcoin climbed to a six-week high of nearly $39,043, while ethereum reached $2,363. Dogecoin was last trading at about 22 cents per coin, giving it a $28.8 billion market cap. As of Monday afternoon, both bitcoin and dogecoin had soared more than 14{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} over the past 24 hours, according to Coinbase. And ethereum went up nearly 12{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} over that period.

Typically, when Amazon is rumored to enter a new market, stocks of soon-to-be rivals tumble. But Amazon’s

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Posted On : Published By : Mark Jensen
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State Auto Financial Corporation (STFC) stock surged in the current trading session by triple percentage digits; here’s why

In the current trading session, we found out that State Auto Financial Corporation (STFC) shares surged up by a whopping triple-digit percentage of 190.09{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} to trade at the price of $50.07 at the last check. This surge is mostly correlated with the announcement of STFC’s acquisition by Liberty Mutual Insurabce, STFC stock previously closed the session at $17.26. The STFC stock volume traded 0.92 million shares, while the average daily volume of trade for the past 50 days has been 55805.0 shares. STFC stock shares have risen in the past year up to date by 5.95{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} and in the past

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Posted On : Published By : Mark Jensen
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Renewables surged in 2020 but world not yet on track for climate goals, BP says

Wind turbines are seen at an Acciona Energia wind park in Puebla de Almenara, Spain, June 29, 2021. REUTERS/Susana Vera

  • Emissions showed biggest fall in over 75 years
  • Energy demand fell 4.5{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272} in 2020, oil demand down 9.3{3620381a13159a468e49440759e066b806585052159d280f445194d667fac272}
  • BP says changes in 2020 likely to prove transitory
  • World needs “tangible” action to hit climate goals

LONDON, July 8 (Reuters) – Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a “decisive shift” towards meeting U.N.-backed climate goals, BP said in its annual energy review.

Last

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Posted On : Published By : Mark Jensen
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Why ICICI Pru Life, SBI Life Insurance, HDFC Life shares surged today

Shares of Life Insurance companies are trading with gains in Tuesday’s session with ICICI Prudential Life leading the pack as it surged over 10{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} intraday after the company reported better-than-expected March quarter earnings on Monday. Other insurance company stocks like HDFC Life Insurance and SBI Life Insurance also jumped in trade.

At around 11:05 am, ICICI Prudential Life Insurance shares was up 10.8{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} at ₹501 per share on the BSE. HDFC Life Insurance shares were trading 3{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} higher at ₹686 per share on the BSE while SBI Life Insurance also jumped as the stock was up 2{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} at

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Posted On : Published By : Mark Jensen