Topline Viewers have watched nearly 8.3 billion minutes of the long-running reality-show Big Brother since July, CBS announced Wednesday, a number that puts the network series on par with major stream...
Tag: Net
Bitcoin projected to become first monetary system to hit net zero emissions by 2024
Bitcoin (BTC) continues to receive criticism regarding its carbon footprint impact as the asset records significant adoption in different jurisdictions. However, the situation might be changing, espec...
Average Net Worth of the 1%
Many people perceive being wealthy as having a nice house, a late-model car, and maybe a summer cottage. But the kind of money that the wealthiest 1% of the world’s households has dwarfs this co...
Selfridges Goes Bold With Sweeping Net Zero Commitments, But Are They Realistic?
Project Earth launch. PHOTO MATT WRITTLE/SELFRIDGES © copyright Matt Writtle 2020. Matt Writtle Critical times demand bold actions and in the case of retailer Selfridges, it means setting their net ze...
The World Won’t Get To Net Zero Emissions Without Nuclear Power
A construction worker works on the Phase II nuclear power plant at the LingAo nuclear power plant in … [+] Daya Bay, Guangdong province, China. The LingAo nuclear power plant is an excellent exa...
Bitcoin exchange outflows top $1B daily, while Ethereum sees net inflows
Analysis of Bitcoin and Ethereum exchange flows revealed opposing activity for the top two tokens, with the market leader establishing clear dominance in terms of holding long-term. Exchange flows are...
CATL Reports Net Profit Increase in H1 2022 after Rocky Q1
CATL said that its revenue in H1 2022 rose 156% year-over-year. Chinese battery manufacturer and technology company Contemporary Amperex Technology Company (CATL) saw its net profit surge in the first...
Texas Senator Ted Cruz Says Bitcoin Can Bring Prosperity, Calls BTC Mining a Net Plus for Environment
United States Senator Ted Cruz believes that Bitcoin and BTC mining are beneficial to both the economy and the environment. Cruz says at the Texas Blockchain Summit event that Bitcoin generates prospe...
Net futures positions for S&P 500 continue to plunge as hedge funds pile into short positions
The S&P 500 rallied for four straight weeks, bouncing almost 17% from its 52-week low seen on June 16, apparently due to the prevailing belief that the Federal Reserve (Fed) is getting inflation u...
Bitcoin Mining is a ‘Net Plus’ for the Environment: US Senator Ted Cruz
United States Senator Ted Cruz has showered accolades on Bitcoin mining as a venture, taking a wildly divergent view from major critics who believe Bitcoin mining is damaging to the environment. Acco...
Texas senator lauds Bitcoin mining as ‘a net plus for the environment’
Texas senator Ted Cruz has suggested that Bitcoin (BTC) mining is an added advantage to the environment, dispelling the perennial concerns about the asset’s energy consumption. Cruz stated that crypt...
Deere stock drops after profit miss and trimmed net income outlook, while revenue rises well above forecasts
Shares of Deere & Co. DE, +0.90% dropped 6.8% in premarket trading Friday, after the agriculture, construction and turf care equipment maker reported fiscal third-quarter profit that missed expect...
Bitcoin miner Riot posts $366.3 million net loss in second quarter
Bitcoin miner Riot reported a net loss of $366.3 million in the second quarter, mainly due to a $349.1 goodwill impairment charge and a $99.8 million impairment charge on its bitcoin reserves. The com...
Bitcoin miner Bitfarms reports $142 million second-quarter net loss
Bitcoin miner Bitfarms posted a net loss of $142 million in the second quarter, down from a net income of $5 million last quarter. The company also increased its hash rate by 33% during the quarter to...
Celsius Network Coin Report Shows Latetst Net Liabilities Over $2.8 Billion
Embattled crypto lending platform Celsius Network may be in bigger trouble as its coin report shows that the deficit in its balance sheet is much more than the previously reported $1.2 billion reporte...
Celsius’ Net Liabilities Surpass $2.8 Billion: New Bankruptcy Filing
Celsius has released its budget for the next three months, allocating $13.9 million to payroll and $57.3 million to mining As of July 29, Celsius reported owing a total of $6.7 billion of token liabil...
High Oil Prices Push Saudi Aramco to Report 90% Surge in Q2 2022 Net Income
The company expects the post-pandemic recovery in oil demand to last for the rest of the decade. The ongoing high oil prices have pushed Saudi Aramco to post a 90% spike in Q2 2022 net income. Accordi...
Core Scientific beats on revenue, posts net loss in second quarter
Core Scientific posted an $862 million net loss in the second quarter, the bulk of which was due to an $840 million goodwill impairment charge and a $150.2 million impairment on digital assets. The b...
Bitcoin miner Hut 8 reports $69 million second-quarter net loss
Bitcoin miner Hut 8 reported a net loss of C$88.1 million (about $69 million) and a 17.8% decline in revenue to C$43.9 ($34.3 million) in the second quarter of 2022. The company’s financial resu...
Coinbase Shares Drop As Crypto Exchange Reports $1.1 Billion Net Loss in Q2
The price of Coinbase (COIN) is dropping after the publicly-traded crypto exchange operator reports losses of over $1 billion in the second quarter of the year. In its latest letter to shareholders, C...
CleanSpark posts $29.3 million net loss and will exit the energy business
Bitcoin miner CleanSpark posted a net loss of $29.3 million in the third quarter of its fiscal year ending in June, compared with a net loss $170,000 in the previous quarter. The company is exiting en...
Marathon Digital Published Its $192 Million Net Loss in Q2
Marathon Digital, a crypto miner, has suffered a net loss of around $192 million in the second quarter. The company stated on Monday that it is mainly because of the BTC’s declining price. While the l...
Energy, weather problems helped push bitcoin miner Marathon to $191.6 million net loss
Bitcoin miner Marathon saw a net loss of $191.6 million in the second quarter of 2022, a significant jump from a $13 million net loss in the first quarter. Revenues fell 51.8% to $24.9 million. The co...
Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil
Galaxy Digital Holdings Ltd, on Monday, announced its second-quarter earnings report that showed that the company has more than tripled the amount of the net loss it witnessed in the same period last ...
Crypto Miner Marathon Digital Posts $192M Net Loss in Q2
Marathon produced 707 bitcoins in the second quarter, a 44% decrease from the prior quarter The miner’s stock price closed at $14.43 on Monday — up about 1.8% for the day Cryptocurrency miner Marathon...
Galaxy Digital’s Stock Rises Despite Posting $555M Q2 Net Loss
The company’s assets under management stood at $1.7 billion at the end of Q2, down 40% from the prior quarter Mike Novogratz labels BlackRock’s deal with Coinbase “a monumental shift” for the industry...
Galaxy Digital’s Q2 Net Loss More Than Triples to $554.7M Amid Market Downturn
The larger loss was mainly the result of the crypto market downturn and investments in Galaxy’s trading business, the firm said on Monday. The firm reported a loss of $182.9 million for the seco...
Cloudflare Stock Jumps As Large Customer Growth Fuels NET Stock Beat
Cloudflare stock soared Friday on June-quarter earnings and revenue that topped estimates amid strong large customer growth. X San Francisco-based Cloudflare (NET) reported second-quarter earnings aft...
Bitcoin pulls down Block, Inc. net revenues by 6%
Block Inc. reported a 6% decrease in its second-quarter 2022 net revenues compared with last year, driven by a decline in bitcoin revenues. The company’s total net revenue in the second quarter...
6 Software Stocks to Buy and 4 to Sell, According to an Analyst
What’s next for enterprise software stocks? That depends which ones you pick. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where to plac...