The modern economy runs on semiconductors. The tiny electronic circuits, named for the electrical properties of the material from which they’re made, are the brains for millions of devices, incl...
Tag: Companies
CoinShares reveals loss in second-quarter earnings driven in part by UST collapse
Digital asset manager CoinShares reported losses in the second quarter as the firm suffered over $21 million in losses following the de-pegging and subsequent collapse of TerraUSD (UST). Adjusted earn...
Switzerland: crypto companies are holding up well
Switzerland is by far one of the countries with the most crypto companies in the world. For this reason, the current bear market could have hit the Swiss crypto industry hard. Instead, it turns out th...
Moderna CEO: No ‘Crazy’ Deals. We’re Giving Cash to Shareholders.
Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...
Messari acquires crypto fundraising intelligence database Dove Metrics
Messari, the crypto information and data services firm, has acquired crypto fundraising intelligence database Dove Metrics of Blackrose Capital, the company announced in a statement on Tuesday. Furth...
Crypto Contagion Only Targets “Poor Balance Sheet Management Companies”
Jonathan Miller said that the company, which is badly using its balance sheet, got affected by crypto contagion. He is a managing director of Kraken Australia, a US-based crypto exchange company. Acco...
Helium founder downplays criticism that it mischaracterized relationships with Lime, Salesforce
Helium founder Amir Haleem has addressed criticism about how the project characterized its relationships with Lime and Salesforce, following news reports that neither company was currently using techn...
Occidental Petroleum Tops Profit Estimates, Pays Down Debt
Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...
AMD Stock Drops After Earnings
Text size AMD shares are down 31% so far this year. Dreamstime Advanced Micro Devices reported better-than- expected earnings results Tuesday afternoon. But the company forecast less revenue than expe...
Coinbase to add ETH staking option for US institutional clients
Institutional clients of Coinbase Prime based in the US will now be able to stake ETH on the platform, with funds secured in the firm’s cold storage vault. “Clients can create a wallet, decide h...
New Yorkers Who Feel Deceived by Crypto Companies Urged To Report to Attorney General in Investor Alert
New York Attorney General Letitia James is encouraging New Yorkers affected by the crypto crash to talk to her office about their experiences with digital asset exchanges. In a new Investor Alert, the...
North Korean Hackers Copypaste LinkedIn Resumes to Get Jobs at Cryptocurrency Companies
Aug 02, 2022 at 13:17 // News Hackers from North Korea are plagiarising information from legitimate resumes on various hiring platforms such as LinkedIn. They use the stolen data to apply for jobs at ...
Intel Stock Could Be Worth More Dead Than Alive. Why This Analyst Sees 50% Upside.
Text size Intel was once the most valuable chip maker in the U.S. David Paul Morris/Bloomberg While badly wounded, Intel isn’t dead yet. And at least one analyst thinks there could be considerably mor...
North Korean Spies Attempting To Infiltrate US Crypto Companies To Gather Intelligence: Report
A new report suggests North Korean agents are attempting to falsify their way into the crypto space for nefarious purposes. According to a new Bloomberg report, North Koreans are plagiarizing real Lin...
Which companies got approvals recently?
Dubai has positioned itself as one of the most crypto-friendly cities, having established a new regulator to cement the United Arab Emirates’ position in the crypto space. Following the move, crypto e...
Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims
The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC says it’s co...
Lime, Salesforce do not have partnerships with Helium: Mashable, The Verge
Decentralized wireless network Helium does not have partnerships with two well-known firms whose logos it prominently featured on its website, based on two separate reports from Mashable and The Verge...
U.S. Stocks Poised to Fall on Monday
Stocks are set to open lower on Monday ahead of another busy earnings week. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S. stocks are se...
Small-Cap Stocks Have Been Big Winners. Why They Can Keep Outperforming.
Text size Yeti cooler sales are expected to grow, and the company has added drinkware products to its line. Sergio Flores/Bloomberg Good things are supposed to come in small packages, but that hasn’t ...
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Monkeypox Outbreak May Boost the Shares of These Companies
(Bloomberg) — As health authorities all over the globe search for ways to stop the monkeypox outbreak, investors are snapping up shares of companies that could benefit from the race to quell the...
Cathie Wood’s Ark Bought More Roku Stock. This Analyst Sees 24% Downside.
Text size Cathie Wood of ARK Invest has Roku as one of the biggest investments in her funds. Eva Marie Uzcategui/Bloomberg Roku’s earnings report last week sent shares into a free fall, but Cathie Woo...