 | | | | Major U.S. stock indexes registered all-time closing highs on Monday amid optimism over U.S. fiscal stimulus, and bitcoin jumped after Tesla revealed it had purchased $1.5 billion of the cryptocurrency and would soon accept it as a form of payment. | | | | | | Take-Two Interactive Software Inc on Monday raised annual adjusted sales targets on sustained demand for its top franchises, "NBA 2K" and "Grand Theft Auto", as COVID-19 curbs continue to boost videogame sales worldwide. | | | | | | Simon Property Group Inc forecast higher full-year profit on Monday as improving store traffic at brick-and-mortar retailers helped drive a rise in the largest U.S. mall owner's rent collection. | | | | | | Economists at Goldman Sachs Group Inc on Monday bumped their U.S. GDP forecast for the second quarter up to 11% from 10% and said additional fiscal measures are likely to be valued at $1.5 trillion, up from their previous $1.1 trillion estimate. | | | | | | Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a speedier economic recovery from the global health crisis, driven by increased stimulus and an accelerated vaccine rollout. | | | | | | Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. | | | | | | Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars - sending the cryptocurrency shooting higher. | | | | | | Bitcoin jumped more than 10% on Monday to a record high after Tesla said it had invested $1.5 billion in the most popular cryptocurrency last month. | | | | | | Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future, prompting a more than 10% jump in the electronic currency. | | | | | | Elon Musk-led Tesla Inc announced on Monday it had invested $1.5 billion in Bitcoin and said it may start accepting the cryptocurrency as a form of payment soon for orders. The move sent Bitcoin up more than 10% to a record high. | | | | | |
