Contractors working on photovoltaic modules on an AES solar farm in Brazil. Jonne Roriz/Bloomberg Text size Sometimes utility stocks can feel downright sleepy, and that can be comforting when markets ...
Tag: Companies
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
COTI Engage Five More Companies, Extends Cardano Stablecoin Djed Partnerships
– Advertisement – Djed is getting more and more attraction. As Cardano’s official stablecoin Djed edges close to its mainnet deployment, several organizations have indicated an interest in...
3 Companies Buffett Might Favor
Capital One Financial Getty Images Prominent stock pickers are often asked to name a few of their favorites, with most rattling off some of their best performing selections. After all, who doesn’t wan...
Wall Street analysts sour on Coinbase stock
The outlook for crypto exchange Coinbase’s shares has never been worse among the investment banking researchers who cover the stock on Wall Street, according to data compiled by The Block Resear...
Inflation Reduction Act: What to Know About the Democrats’ Latest Economic Package
The bill Sen. Joe Manchin (D-W.Va.) and Majority Leader Chuck Schumer agreed to aims to address climate change, healthcare, taxes, and more. Photo by Kevin Dietsch/Getty Images Text size Build Back Be...
Algorand names COO W. Sean Ford as new interim CEO
Algorand has a new interim CEO as of Wednesday, following the departure of former CEO Steven Kokinos. Long-time employee W. Sean Ford — previously chief operating officer at the blockchain company — ...
These Companies Stand to Profit The Most From Interest Rate Hikes
The Fed raised rates in the U.S. multiple times in 2022, including this week’s 0.75% increase. Recent history shows that raising rates is nothing new; however, long-term analysis shows the histo...
Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike
Bitcoin was recently trading at about $22,900, up over 8% for the past 24 hours. The largest cryptocurrency by market capitalization has mostly lingered between $21,000 and $23,000 for much of the pas...
Apple Earnings Day Is Here. The Dollar and Inflation Could Bite.
Text size Apple is more exposed to the consumer economy than other tech hardware companies. Photo by DANIEL SLIM/AFP via Getty Images Apple will report June quarter earnings late Thursday, and CEO Tim...
Amazon Reports Earnings Today. What to Expect.
Text size Amazon Web Services, the company’s cloud computing arm, is expected to boost revenue 33% in the quarter from a year ago. Stefano Guidi/Getty Images Amazon ’s June quarter financial report is...
Celsius wants to bring on former CFO as adviser for bankruptcy proceedings
Crypto lender Celsius Network has submitted a motion to bring on former CFO Rod Bolger as an advisor to help with its bankruptcy proceedings. A hearing will take place on August 8 to consider the moti...
Alibaba Plans to Move Its Stock to Hong Kong. Others Will Follow.
Text size Alibaba says it has filed to change its primary stock listing to Hong Kong rather than the U.S. AFP via Getty Images Alibaba Group Holding on Tuesday said it has filed to change its primary ...
SHIB, DOGE, BTC and ETH Now Accepted by One of Oldest Swiss Business Travel Companies
Gamza Khanzadaev 116-year-old Swiss travel firm recognizes crypto as legitimate payment method Swiss travel company Kuoni Business Travel, founded in 1906, has concluded a partnership with crypto paym...
Global investment bank Moelis launches dedicated blockchain advisory team
Investment bank Moelis and Company announced on Monday that it is launching a dedicated blockchain advisory division to serve companies in the blockchain space and corporations that utilize blockchain...
Ava Labs CEO John Wu Says ‘Big Name’ Brands and Companies To Enter Avalanche (AVAX) Ecosystem in Next 12 Months
A senior executive at the tech firm behind Avalanche (AVAX) says big things are right around the corner for the Ethereum (ETH) challenger. In a new interview with Anthony Pompliano, Ava Labs president...
Three Arrows Capital founders miss the mark in first interview since firm’s collapse
In the same week court documents showed that collapsed hedge fund Three Arrows Capital (3AC) owed creditors more than $3.5 billion, an interview given by its founders has sparked outrage among crypto ...
Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study
A new joint study by big-four accounting firm KPMG and British multinational bank HSBC finds that a quarter of all businesses in the Asia-Pacific region are crypto-related businesses. Under the fintec...
Investment bank Moelis & Co. starts advising blockchain companies
Investment bank Moelis & Co. launched a new initiative called ‘the Global Blockchain Group’ to advise blockchain companies to increase crypto adoption by offering their existing advisory capabilit...
Superfund Excise Tax Is Catching Many Companies By Surprise
The Superfund Excise Tax went into effect on July 1, 2022, and many companies are still struggling to understand whether it applies to their operations and how to properly estimate their potential lia...
Bitcoin Selling Pressure Bankrupting Companies
Arcane Research analyst Vetle Lunde showed how many institutional buyers of Bitcoin had liquidated since Terra’s devastation began. Since then, the epidemic has swiftly spread throughout the sector an...
Quantitative trading firm Susquehanna will follow FTX to the Bahamas
Susquehanna International Group, a large quantitative trading firm that operates in both traditional as well as crypto markets, is plotting an expansion to the small island nation of The Bahamas, foll...