With the Bitcoin adoption increasing in the corporate world in recent times, crypto’s future appears to be bright overall. The chances of prolonged institutional investing in Bitcoin depends on the re...
Tag: Companies
Mailchimp Is Banning Crypto Companies Again
Decrypt’s newsletter was banned by Mailchimp Tuesday after using the newsletter service for four years Mailchimp is owned by Intuit, the company behind TurboTax, QuickBooks and Mint Mailchimp is once ...
Galaxy Digital eyeing more M&A despite $554 million loss
Galaxy Digital is looking at acquisitions to add new areas to its core businesses. Founder and CEO Michael Novogratz noted the firm has $1 billion in cash to spend and that it continues to raise capit...
Avalanche and Stellar Lumens tick upwards as they land on Robinhood
Robinhood announced the addition of Avalanche’ AVAX token and Steller Lumen’s XLM on Monday. Following the news, both tokens saw initial spikes in price — although Avalanche’s gains were swiftly...
What Caused Nvidia’s Shortfall? Gamers or Crypto Mining?
Text size Nvidia has been hurt by fading pandemic-era demand for gaming graphics cards. Justin Sullivan/Getty Images Nvidia warned on Monday that shortfalls in its gaming segment revenue would hamper ...
Tornado Cash Sanctions Have Companies Stepping Back From Users
The US Treasury Department sanctioned Tornado Cash and related wallets Monday, prompting some companies to suspend accounts and freeze assets Roman Semenov, one of the three founders of Tornado Cash, ...
2 Companies Where Insiders Are Gobbling Up Shares
Insiders used the rally in the markets in July to take some money off the table it would seem. The ratio of insider selling compared to insider buying moved to its highest level in 2022. Given the unc...
Tesla and 9 Other Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures – Bitcoin News
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that so...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Senate Passes Climate Bill. The Rush to Renewable Energy Is On.
The climate and tax package passed by the Senate on Sunday will unlock around $400 billion in funding for clean energy and accelerate a historic shift in how the world is powered. Along with a paralle...
GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.
Text size GE wants to be a player in the electricity grid of the future. That will benefit its coming Vernova business. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric ’s sprawling resea...
Crypto Companies Divided on Proposed PoW Ethereum Forks
Ethereum merge is giving rise to factions within the community as opinions abound regarding the direction of a potential fork. One group, spearheaded by a Chinese miner, proposes a fork to preserve th...
Gates Foundation Bought More of This Medical Diagnostics Stock
Text size These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities....
WazirX Faces Sanction For Abating Illegal Loan App Companies
Asian crypto exchange WazirX which has been under the probe of the Indian enforcement agency, Directorate of Enforcement has finally had its bank assets seized. Cumulatively, the frozen bank assets a...
S&P 500: 7 Companies Just Wowed Investors With Huge Profit Surprises
In a market filled with doom and gloom, finding positive surprises in the S&P 500 is all the sweeter. And there’s plenty of them. X Seven companies in the S&P 500, including communicatio...
10 Companies That Would Take a Hit From a 15% Minimum Corporate Tax
Text size Nvidia has had a 4.7% tax rate and average pretax profit of $4.8 billion. Here, a cryptocurrency mining rig is equipped with Nvidia Geforce GPU at the Thailand Crypto Expo 2022. Andre Malerb...
Tiffany CryptoPunk NFTs are already being ‘flipped’
At a time when non-fungible token trading (NFT) has hit record lows, Tiffany’s NFTs, known as NFTiffs, are already being flipped for profit, according to on chain data. One user appears to have...
Opinion: Step aside, FAANMGs. This new crop of tech companies are the ones to watch for the next decade.
Investors have had a change of heart after selling technology stocks for the better part of eight months. There has been a trend reversal after bellwether tech companies reported earnings for the mo...
Top five companies using bitcoin for payments
Elon Musk ushered the wave of institutional adoption of bitcoin in early 2021. Famous companies accepting bitcoin since 2014 contributed massively to the institutional adoption of bitcoin. Undeniably,...
Robinhood to lay off ‘approximately 23%’ of employees
Stock trading app Robinhood announced a fresh round of layoffs Tuesday. “As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing ...
Walmart Stock Falls After Report of Hundreds of Layoffs
Text size Shares of Walmart are down about 10% this year. Photo by Michael Ciaglo/Getty Images Walmart is eliminating about 200 jobs in a bid to restructure the company, according to a report from The...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...