Key Takeaways Zoom will likely say fourth quarter FY 2023 adjusted EPS was -$0.11 vs. $1.60 in the prior-year quarter. Zoom’s revenue probably climbed 2.6% to $1.1 billion. Zoom’s net inco...
Tag: dries
Crypto market liquidity dries up following Alameda and FTX collapse
The crypto market has experienced a liquidity dry up in the wake of the collapse of crypto exchange FTX and its sister trading firm Alameda Research, according to data provider Kaiko. The firms...
As Pandemic Aid Dries Up, Businesses Chase Covid Tax Credit
A temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going...
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls, deleveraging and crypto company/platform failures...
Terra Dries Up As LUNA Sheds 40% From Recent High
LUNA has increased by about 300% just these past days, making it appear as if it had risen from the ashes. The feat began on September 9 and ended within a couple of hours. This is a result of a propo...
BAYC sells just 16 NFTs in a week as OpenSea dries up
Listen to this article. Bored Ape Yacht Club shifted just 16 NFTs in a week as Ethereum Naming Service (ENS) domains saw a spike in interest to become OpenSea’s number-one collection by seven-day trad...
Bitcoin holds above $20,790 Support as Demand Dries up at Higher Price Level
Aug 25, 2022 at 11:20 // Price Bitcoin (BTC) price is in a downtrend as it holds above the $20,790 support. Since August 19, the BTC price has been indecisive due to the presence of doji and spinning ...
SPAC market hits a wall as issuance dries up and valuation bubble bursts
Traders on the floor of the NYSE, August 1, 2022. Source: NYSE The SPAC boom is officially a thing of the past. Not a single special purpose acquisition company was issued in July as the market slowdo...
Bitcoin Turns from $24,736 High as Demand Dries Up
Aug 01, 2022 at 09:37 // Price Bitcoin (BTC) price has continued its rally to a high of $24,736 on July 30. Buyers failed to sustain bullish momentum above the $24,000 resistance zone for the second t...
Ripple Grapples with Downward Correction as Demand Dries up at Higher Price Levels
Jul 26, 2022 at 09:22 // Price Ripple (XRP) has fallen as buyers have failed to keep the price above the high of $0.38. This is the second time XRP has faced the rejection of the $0.38 overhead resist...
New Home Construction Keeps Sinking As Housing Market Demand ‘Quickly’ Dries Up
Topline New housing starts unexpectedly plunged more than economists projected in June as home builders grappled with the effects of rising interest rates curbing demand for new homes, according to da...
Ethereum Staking Dries Up as Steth Loses Balance – Trustnodes
Desire to stake eth has gone down to its lowest level since staking began with the queue to become a validator dwindling. Just 700 individuals/entities are waiting to become a validator currently, dow...
US banks set for big hit to revenues as dealmaking dries up
The largest US banks are set to report their biggest slowdown in investment banking revenue in years next week, as the dealmaking engine that helped propel Wall Street to record profits last year sput...
Altcoins Slump as Demand Dries up at Higher Levels
Apr 06, 2022 at 10:10 // Price Many altcoins are being rejected from recent highs. Demand is drying up at higher price levels. Bulls are not buying the dips either. ApeCoin ApeCoin (APE) is in a...
Is Bitcoin A Long-Term Investment? Inside A Mine In Norway That Also Dries Wood
A 5,000 square metre warehouse on the outskirts of Hnefoss, a little town 40 miles west of Oslo, is home to Norway’s largest bitcoin mining facility, a line of gigantic blue skips loaded with chopped ...
The Norwegian Bitcoin Mine That Uses Green Energy And Dries Wood As A By-Product
Another day, another bitcoin mine that uses green energy to operate. We have to highlight these initiatives to show how bitcoin and green energy are a complete match. They’re not at odds with each oth...