Search Results for "tech earnings"
Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success
Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.
Third Co-Founder of Centra Tech Pleads Guilty for $25 Million ICO Fraud
It has recently been announced that the third co-founder of Centra Tech has agreed to plead guilty for his role in the $25 Million Initial Coin Offering (ICO) Scam his cryptocurrency firm was involved in.
Chinese Tech Company Tencent Launches Blockchain Accelerator
Tencent, the Chinese multinational conglomerate, on April 29, 2020, announced the launch of its new blockchain accelerator which is now open to both mature and early-stage blockchain-based startups. The 'Tencent Blockchain Accelerator' will allow the selected projects to reap special benefits like four mentoring meetings every year, a rich network of industry experts, and the opportunity to learn more about the international blockchain community.
April 29: Don't Fight the Fed for Now
With today's spotlight on FOMC and a few large tech (FB, Microsoft) earnings, I suspect risk assets to trade well into, and may potentially sell after "the fact".
Jun 10: Who says only Irrational Investors trade Bitcoin?
FOMC tonight with consensus heading rather dovish. For example MS expects Fed to switch to a monthly program of Treasury QE at $80bn per month with a dovish bias in projections. Of course, Powell isn't going to offer much clarity in explicit forward guidance. With Nasdaq crossing 10k momentarily last night (just 2 minutes), the market is starting to get excited. Nikola, a electric truck company with 0 earnings, has more than doubled in share price from last week, is now actually worth close to $30 billion (more than Twitter?).
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
Sep 08 Trading Analysis: Be Long in the face of adversity...
I'm actually thinking that it could be a great opportunity to start accumulating BTC or ETH at these levels. Check these out:
Tech Mahindra Leverages IBM Blockchain For New Entertainment Royalties Platform
Indian multinational tech company, Tech Mahindra has announced the launch of a blockchain-based platform aimed at preserving the rights of video content generated by content creators and producers.
Is Blockchain Tech the Holy Grail for the Aerospace Industry?
The aerospace industry moves millions of people and billions worth of assets every single day. Yet, the industry's sheer complexity is its own worst enemy. Can blockchain technology become the savior?
PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service
PayPal has experienced a rise in revenue from its Bitcoin business since adding crypto into its network in October last year.