Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Apple Inc (NASDAQ:AAPL) is no longer negotiating with Kia and its parent Hyundai Motor Company (NYSE:HYMTF), the latter two have confirmed, Bloomberg reported Sunday.
What Happened: The Korean automakers have been in discussion with multiple companies about the development of autonomous electric vehicles, but have not arrived at any decision, according to regulatory filings seen by Bloomberg.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Kia and Hyundai shares traded 13.4% and 5.41% lower, respectively, at press-time in Seoul.
Why It Matters: Reports of stalled talks between the Tim Cook-led tech giant and the two automakers emerged earlier on Saturday.
See Also: Why This Apple Analyst Thinks A Collaboration With GM, PSA On Electric Vehicles Is Likely
Last month, Hyundai had initially said it was in talks with Apple but had later backtracked from the statement saying it had received interest from multiple automakers.
Price Action: Apple shares closed nearly 0.3% lower at $136.76 on Friday. On the same day, Hyundai OTC shares closed 2.65% lower at $56.94.
See also: How To Buy Apple Stock
Click here to check out Benzinga's EV Hub for the latest electric vehicles news.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.