Canaan Inc. shared its unaudited fourth-quarter and full-year financial results for 2022 — showing a big decline toward the end of the year. Total computing power sold in Q4 2022 decreased by 45...
Tag: Fourth
Institutional Investors Move Money Out of Crypto Markets for Fourth Straight Week: CoinShares
Digital assets manager CoinShares says institutional crypto investment products suffered their fourth consecutive week of outflows last week. In its latest Digital Asset Fund Flows Weekly Report, Coin...
Coinshares reports fourth consecutive week of digital asset investment product outflows
Coinshares reported a fourth consecutive week of digital asset investment product outflows. Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a...
Litecoin fourth most popular crypto for online shopping in 2022
Litecoin (LTC) has emerged as one of the most popular cryptocurrencies for online shopping. According to research by crypto payment processor Coingate published on March 1, litecoin was the fourth mos...
What Does The Fourth Quarter 2022 Reports of Block Inc. Says?
Block, Inc. (NYSE:SQ) is a global technology company headquartered in San Francisco, CA. The company focuses on financial services and operates through products such as Square, Cash App, TIDAL, Spiral...
Could Oil Prices Crash In The Fourth Quarter?
Although the futures strip doesn’t reflect it, many anticipate a much tighter oil market in the fourth quarter. Jeff Currie of Goldman Sachs has predicted that prices will reach $110 by the third quar...
Block Announces Fourth Quarter and Full Year 2022 Results
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2022 on the Financials section of its Investor Relations webs...
Coinbase Releases Fourth Quarter and Full Year 2022 Shareholder Letter
REMOTE-FIRST-COMPANY/LOS ANGELES–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2022 shareholder letter. The letter...
OKX Releases Fourth Proof of Reserves Report With $8.6B in ‘Clean Assets’
OKX released its fourth monthly Proof of Reserves (PoR) enabling its users to verify that the Seychelles-based crypto exchange holds the amount of cryptocurrency that it claims to. It revealed holding...
Michael Burry and David Tepper snapped up Alibaba during the fourth quarter
High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...
Ooma Schedules Release of Fourth Quarter & Fiscal 2023 Results
SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the fourth quarter and fiscal year e...
$RCL Stock Price Analysis After Its Fourth Quarter 2022 Results
Last week, Royal Caribbean Group (NYSE:RCL) reported its fourth quarter 2022 results. $RCL stock is up 41.75% year-to-date so far this year. Royal Caribbean Group (NYSE:RCL) operates a fleet of cruise...
Verisign Reports Fourth Quarter and Full Year 2022 Results
RESTON, Va.–(BUSINESS WIRE)–VeriSign, Inc. (NASDAQ: VRSN), a global provider of domain name registry services and internet infrastructure, today reported financial results for the fourth quarter and f...
Arbitrum Becomes Fourth Biggest Chain on Eve of Long-Awaited ARBI Airdrop
Gamza Khanzadaev While community is hungry for ARBI airdrop, Arbitrum becomes fourth biggest chain According to DefiLlama, Layer 2 solution for Ethereum, Arbitrum, became the fourth largest blockchain...
Wealthy clients pulled more than $100 billion from Credit Suisse in the fourth quarter
Beleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the fourth quarter. Credit Suisse said two-thirds o...
‘The Last Of Us’ Adds A Million Viewers In Fourth Straight Week Of Increases
The Last of Us HBO The Last of Us continues to be a hit for HBO, the likes of which the streaming service has not seen in quite some time. While House of the Dragon did better baseline numbers thanks ...
Institutional Investors Pour Capital Into Bitcoin, Ethereum and Three Additional Altcoins for Fourth Week in a Row: CoinShares
Digital assets manager CoinShares says large institutional investors are pouring money into Bitcoin (BTC) and other digital assets for the fourth consecutive week. In its latest Digital Asset Fund Flo...
Coinshares reports fourth consecutive week of inflows
Coinshares reported a fourth consecutive week of digital asset investment product inflows, totaling $76 million last week. Year-to-date inflows reached $230 million, “highlighting a decisi...
BNB Hacker Becomes Rocket Pool rETH Fourth Largest Holder
An address connected to the BNB bridge exploiter has moved $74 million worth of crypto to 0x5313, becoming the fourth-largest Rocket Pool’s rETH whale, blockchain security firm PeckShield reported. Ac...
MicroStrategy Reports Record Fourth Quarter Loss – Says No Plan To Stop BTC Trading
Join Our Telegram channel to stay up to date on breaking news coverage MicroStrategy, a business intelligence application provider, is making news after its eighth consecutive quarterly loss in its Bi...
WisdomTree cryptocurrency funds lose value in fourth quarter
As a result of the protracted bear market in Bitcoin (BTC) and other cryptocurrencies, the value of the digital asset assets managed by WisdomTree, a fund management company based in the United States...
WisdomTree reports fourth quarter loss as crypto holdings fall
WisdomTree, the New York-based asset manager that operates blockchain-enabled funds, reported that the value of its cryptocurrency holdings fell to $136 million at the end of the fourth quarter from $...
MicroStrategy sees fourth quarter loss after it writes down value of bitcoin holdings
MicroStrategy, the software firm better known in recent years for its bet on bitcoin, reported a net loss of $249.7 million for the fourth quarter of 2022 compared to a loss of $90 million in the same...
Penn sports betting business posts fourth quarter profit
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the...
Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter ...
WisdomTree Announces Say Platform for Fourth Quarter 2022 Earnings is Live
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today that Say, a stockholder Q&A platform, is live and ready to be used in advance of its upcoming fo...
US economic growth tops estimates, grew by 2.9% during the fourth quarter
The U.S. economy grew by 2.9% during the fourth quarter, narrowly topping estimates of 2.8%. Growth in the final three months of last year was primarily driven by consumer and federal government...
U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and servic...