getty Key takeaways Michigan’s CRA reported that the state brought in over $221 million in revenue for December between adult-use and medical-use marijuana sales While the revenue news was positive, t...
Tag: Reports
Tesla Reports BTC Loss Of $140M In 2022
In a recent SEC filing, the electric vehicle manufacturing company reported a loss of $140 million dollars on its net Bitcoin holdings. Impairment Charges Result In BTC Loss The Elon Musk-led EV inno...
Ripple Defies SEC With XRP Sales, Reports $226.31 Mn In Q4 2022
Ripple Labs continued with its programmatic XRP monthly sales during the fourth quarter of 2022 despite the ongoing case against the SEC. According to the company’s 2022 Q4 report, they received 3 bil...
Justin Sun: China Embraces Crypto as Reports of 20% Tax Surface
Justin Sun says China is embracing cryptos following reports of taxation on digital asset. According to Sun, Chinese regulators will further regulate the industry. China’s tax and banking authorities ...
China E-Commerce Giant Alibaba Falls After Reports of Move to Singapore
Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after reports the company is moving its headquarters out of the country. Alibaba (ticker: HK:9988) to be building a...
Asian shares mostly rise, but Hang Seng drops over 2% as Alibaba tumbles on reports of headquarter shift
BANGKOK (AP) — Shares were trading mixed in Asia on Monday after Wall Street benchmarks closed higher on Friday, capping a third week of gains out of the last four. Tokyo and Shanghai rose while Hong ...
Tesla Reports $34M Impairment Charge on Bitcoin Holdings in Q4 2022
In its latest earnings report released Wednesday, Tesla revealed it had neither bought nor sold any Bitcoin in the final quarter of 2022. The electric car manufacturer, however, reported $34 million i...
Colgate-Palmolive reports Q4 beat, despite ‘challenging macroeconomic conditions’
Colgate-Palmolive Co.’s CL, -5.31% fourth-quarter results beat analysts’ top and bottom-line expectations before market open Friday. The company earned 1 cents a share, compared with 18 cents a share ...
Tesla reports Bitcoin impairment charge in Q4 2022 – Cryptopolitan
On Wednesday, Tesla disclosed in its latest earnings report that it had not purchased or sold any Bitcoin during the fourth quarter of 2022. The electric car manufacturer still reported $34 million wo...
EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year
Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the company announced its Cybertruck is on track for producti...
Elon Musk applauds reports on Latam common digital currency
Brazil and Argentina are reportedly working on the creation of a common currency. Elon Musk, the CEO of Twitter and Tesla, has given his opinion on the Latin American countries’ plans, stating that th...
Boeing Reports Earnings Wednesday. What to Expect.
Text size Boeing investors are looking for improvement in sales, earnings and free cash flow in 2023. Logan Cyrus/Getty Images Boeing investors have endured a lot of bad news over the past few years. ...
IBM Stock: What To Expect When It Reports Third-Quarter Earnings
Information technology mainstay IBM (IBM) reports fourth-quarter results late Wednesday just as IBM stock is showing renewed strength. X Wall Street sees the venerable tech giant reporting adjusted ea...
ASML reports forecast beating profit of $1.96 billion on higher sales
ASML Holding NV said Wednesday that for the fourth quarter it beat net profit consensus and net sales rose, and that it expects continued strong sales growth in 2023 despite a challenging environment....
Germany Plans Sending Leopard 2 Tanks To Ukraine After Months Of Pressure, Reports Claim
Topline After months of debate and pressure from the west, German officials are set to agree to a plan to send advanced Leopard 2 tanks to Ukraine, providing Ukrainian forces with much-needed military...
BNB price up despite reports Binance mixed client funds with collateral
Binance Coin (BNB/USD) has sustained its bullish trend amid reports by Bloomberg that the Binance exchange mistakenly mixed client funds with Binance-peg tokens (B-Tokens) collateral. At press time, t...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement...
Dow Jones Futures Due With These 10 Market-Moving Earnings Reports On Tap
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. Investors will be looking ahead to a huge week of earnings, led by Tesla (TSLA), Microsoft (MSFT) and ...
Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges – Bitcoin News
The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian...
Ransomware Revenue Drops as Victims Pay Less Often, Chainalysis Reports – Security Bitcoin News
While the number of ransomware hits may not have decreased significantly, the revenue from such attacks has fallen sharply last year, according to Chainalysis. The blockchain forensics firm believes t...
Stock Market Rallies As Tech Revives; Tesla, Boeing Lead 10 Big Earnings Reports
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. Investors will be looking ahead to a huge week of earnings, led by Tesla (TSLA), Microsoft (MSFT) and ...
Bitcoin, Cardano, Dogecoin are Undervalued but Binance is Overvalued – Santiment Reports
This year had a positive start for the cryptocurrency market of 2023, with a significant increase from the closing weeks of 2022. Investor optimism has indeed increased by hopes that the Federal Reser...
OKX reports $7.5B Proof-of-Reserves in BTC, ETH, USDT
OKX has reported its Proof-of-Reserves (PoR) for the first time revealing $7.5 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), according to its January PoR report on Jan. 19. OKX is the o...
Genesis Bankruptcy Filing Imminent as Creditor Negotiations Stall: Reports
Crypto lender Genesis, a wholly owned subsidiary of Digital Currency Group (DCG), is on the verge of filing bankruptcy after negotiations between the troubled firm and creditors have failed to move fo...
SEC Revealed Crypto Miners Sensitive Information: Reports
According to media sources, The United States Securities and Exchange Commission(SEC) has allegedly disclosed personal and sensitive information like names and email addresses of several active crypto...
Crypto Bank Silvergate Reports Q4 Loss of $1B
Silvergate’s results for the latest quarter were foreshadowed at the start of January when the company said it had $8.1 billion in outflows of customers’ deposits of digital assets during ...