Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies. “The money that my wife and I were...
Tag: Financial
Amazon Vs. Exxon: Here’s the Winner (for Investors)
At some point, one just has to let the numbers speak for themselves. So, here is a quick factbox on Exxon (XOM) and Amazon (AMZN) earnings. 2Q22 (value in millions) XOM Earnings before interest, taxes...
Brazil’s financial giant Santander announced the launch of Crypto Trading Services
Santander is ready to expand its services in the crypto trading sector. In May 2022, Nubank of brazil added a feature of crypto trading for its users. As per Local media source Folha de S. Paulo. t...
3 Healthcare Stocks With 3%+ Dividend Yields
The U.S. healthcare sector is attractive for long-term investors because the industry is set to benefit from a major growth tailwind — the aging population. The U.S. is an aging country with a v...
DEIP Partners with Roketo and Sets Up Over 1000 Financial Streams to Power Creator Economy
The cliff functionality introduces a whole new use case for DEIP and its onboarded creators. DEIP, the first web3 domain-specific protocol designed for tokenization and governance of high-value intang...
Industrious Investing: 3 Industrials With 3% or Higher Dividend Yields
Industrials offer a good source of long-term dividend growth and supply a surprisingly large number of stocks with very long histories of raising dividends. In fact, 13 of the 65 Dividend Aristocrats ...
Erik Voorhees Predicts Crypto Uprising as Financial Systems Crumble ⋆ ZyCrypto
Advertisement     The crypto industry has grown massively in the past years, with increasing mass adoption being fueled by the global economic downturn brought on by t...
Financial Services Giant Charles Schwab to Launch Crypto ETF — But Don’t Get Too Excited
Alex Dovbnya Yet another major incumbent has embraced cryptocurrency industry with launch of its first ETF that focuses on digital assets Charles Schwab, the American multinational financial services ...
Five9 stock up 7% after announcing second quarter financial results
Five9 (NASDAQ: FIVN) stock rose by 7% after announcing its second quarter financials for the 2022 financial year. The cloud contact center software provider reported total revenue of about $189.4 mill...
Visa Inc crushes third-quarter financial estimates
Visa (NYSE: V), a global leader in digital payment systems that facilitates payment transactions between merchants, consumers, government entities, and financial institutions across over 200 territori...
Bad News Gives Intel a Black Eye, But It’s No K.O.
We wrote a story on Intel (INTC) on June 8 with a headline of ” Intel is Putting Its Negative News Behind It,” and concluded that, “I learned early in my career to pay attention whe...
What Intel’s Disastrous Earnings Tell Us About the Chip Sector and Competitors
What a disaster. We’re talking about Intel (INTC) June-quarter results. The company not only delivered a disappointing quarter but reset its 2022 guidance meaningfully lower, putting its shares ...
One of the greatest financial historians alive says central bankers have been incompetent for decades and inflation is our ‘big hangover’
Who or what is responsible for the rampant inflation plaguing the global economy? President Biden has argued the key culprit is Russian President Vladimir Putin and his war in Ukraine, going so far as...
The Bulls Are Fighting the Fed. That Might Be a Mistake
Have we finally reached a point where investors can buy stocks without fear? The answer doesn’t depend on how you define a recession, but on where you believe the economy is headed next. The mar...
Japan’s Financial Giant SBI Renews Its System for Ripple International Remittance Using ODL
– Advertisement – The Japanese financial giant is committed to fostering its collaboration with Ripple. SBI Holdings, Japan’s financial services company, announced that it renewed its XR...
Open Sea NFT Executive Arrested for Financial Crimes
A former top executive with Open Sea – a leading distributor and designer of non-fungible tokens (NFTs) – has been arrested for crimes such as wire fraud, money laundering, and insider trading. Open S...
Ford Reports Impressive Q2 2022 Financial Results Despite Supply Chain Constraints
The Q2 2022 report is a turnaround for Ford, which saw a net loss of $3.1 billion in Q1. Automobile manufacturer Ford (NYSE: F) was able to achieve solid earnings in Q2 2022 despite the challenges its...
Fate of stablecoin bill in doubt as House Financial Services Committee misses key deadline
The much talked-about but never resolved stablecoin bill still is not ready to see the light. With this Congress coming to a close and August recess beginning in days, the bill’s odds of becomin...
Crypto Daily – Daily Crypto And Financial New…
In Todays Headline TV CryptoDaily News: Relai enables instant Euro funding for fast Bitcoin purchases. European bitcoin-only investment app Relai has upgraded its network to enable instant single Euro...
Crypto turmoil hasn’t impacted the wider financial system: SEC commissioner
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce says the crypto sector is “too small” as it is to impact the broader financial system. In an interview with Bloomberg Surveillanc...
Terror Groups Using South African Financial System to Move Funds – Africa Bitcoin News
Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States govern...
Activision’s Microsoft Deal Discount Offers a ‘Call of Duty’ to Investors
In January, Microsoft (MSFT) announced its deal to acquire Activision Blizzard (ATVI) in an all-cash offer of $95. Six months later, with a yawning discount in ATVI’s stock price to Microsoft...
IMF says the Bitcoin crash has not affected the global financial stability
The International Monetary Fund has said that the crash in Bitcoin prices has not affected global financial stability. The financial institution released a report titled the “World Economic Outlook Up...
IMF Says Bitcoin Crash Hasn’t Harmed Global Financial Stability
The International Monetary Fund said that the Bitcoin bear market hasn’t had an impact on global financial stability in a Tuesday report. In its ‘World Economic Outlook Update: Gloomy and More ...
Microsoft (MSFT) Stock Advances 5% on Impressive Financial Guidance Despite Missing Estimates in Q4 2022 Results
Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion. Although Microsoft Corporation (NASDAQ: MSFT) missed expectations in its Q4 2022 financial resul...
IMF Claims Crypto Sell-Off Won’t Impact Broader Financial Stability
In a July 26 report, the International Monetary Fund (IMF) refuted the idea that the crypto losses of the past few months will spill over to traditional finance. Instead, it leans towards fears of rec...
‘Crypto sell-offs won’t affect the financial markets’- Here’s why
In a report released on 26 July, the International Monetary Fund claimed that the Bitcoin [BTC] bear market has no bearing on the stability of the world’s financial system. The IMF report “World Econo...
Crypto Daily – Daily Crypto And Financial News 27/07/2022, Coinbase Faces SEC Scrutiny
In Todays Headline TV CryptoDaily News: Miners still looking to set up Texas operations. Bitcoin miners are still looking to set up operations in Texas despite recent heat waves, but more sustainable ...
South Korean Financial Regulators Look Into Suspicious $3.2 Billion Remittances With Crypto Links
– Advertisement – The Korean Financial Supervisory Service (FSS) probes all banks as they investigate suspicious foreign exchange transactions. South Korean news agency Yonhap reveals in a...
Bitcoin Breaches Past $21,000 After IMF Clarifies Crypto Doesn’t Threaten Financial System
Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $21,000 threshold as Asian trading hours began, Wednesday. Since the Internation...