Daily Update — 02.Oct.2020

• eToro launches its new staking service, for Cardano (ADA) and Tron (TRX)
• Wall Street futures tumble on Trump’s coronavirus news
• The cryptocurrency market was once again unable to maintain its positive momentum, as the majority of cryptos were in the red over the past 24 hours. Bitcoin was down more than 3.5% at the time of writing, trading below the $10,500 level. Of the top 10 cryptos, the largest losses were registered by Binance Coin, which was down more than 6%.
• After yesterday closing below $39 for the first time in more than 2 weeks, Oil continued to decline this morning. At the time of writing, oil prices were holding just above the $38 mark.
• Bed Bath & Beyond jumps on earnings: Retail chain Bed Bath & Beyond yesterday announced its Q2 earnings, showing its first sales growth in 4 years. As a result, the BBBY stock jumped more than 25%.
• Binance adds daily cashback on their Visa Card
• Apple’s Tim Cook scores first major stock grant since 2011.
• Verizon quietly scrambling to unload HuffPost — New York Post.
• Caesars agrees to acquire William Hill for £2.9B.
• Duke Energy rebuffed NextEra takeover approach — WSJ.
• Minimum pay rate approved for Uber, Lyft drivers in Seattle.
• Walmart eyes using Tesla Semi trucks in Canada to lower costs.
• Disney is laying off 28,000 workers in a response to the pounding its theme parks have taken in the COVID-19 pandemic.

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