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...
Tag: Sees
Citi sees another 20% upside
Shares of FedEx Corp (NYSE: FDX) are trading up this morning after a Citi analyst turned bullish on the multinational package delivery company. FedEx is cutting jobs to minimise costs Christian Wether...
APT sees massive price surge as Aptos Network announces new features
Aptos (APT/USD), the native token of the layer 1 blockchain Aptos network has attracted a lot of attention after registering a price surge of about 380% in the past month. While a majority of traders ...
Ray Dalio now sees cash as ‘relatively attractive’
S&P 500, on Thursday, is building on its gains from last night that realised after the U.S. Federal Reserve switched to a narrower 25 basis points increase in interest rates. Dalio picks cash over...
Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest ra...
Peter Schiff knocks crypto assets and sees market implosion
The American economist who gained fame after predicting the 2008 recession has criticized crypto assets calling them ‘fool’s gold’ and insinuating that they are bound to collapse in the future. Americ...
Litecoin: Mammoth partnership and shark accumulation sees LTC spike
Litecoin announced partnership with Mastercard to provide Litecoin Mastercard in the UK and Europe. Sharks have increased their holdings by over 4% as price rallies. Litecoin [LTC] and Mastercard have...
Commodity guru Mike McGlone sees Bitcoin at $100k by 2025; Here’s why
The cryptocurrency industry has started the new year on a bullish note, although it has been consolidating slightly in recent days. Senior commodity strategist at Bloomberg Mike McGlone shared his vie...
Aave: V3 deployment sees increased traction in just three days of going live
Aave V3 is live on Ethereum and has since seen increased activity. Buying momentum for AAVE is on a decline. Following unanimous support from its community members, leading decentralized lending and b...
Black Swan Fund Manager Sees ‘Tinderbox-Timebomb’ in Financial Markets
(Bloomberg) — Universa Investments, the hedge fund advised by “The Black Swan” author Nassim Taleb, told clients that ballooning debts across the global economy are poised to wreak havoc on mark...
JPMorgan Analyst Explains How His Bank Sees Tesla’s Stock Performing Moving Forward
Buoyed by steady share price increases since the beginning of the year, Tesla (TSLA) – Get Free Report CEO Elon Musk sounded bullish on the stock during an earnings call Jan. 25. Having opened ...
Layer 1 blockchain Canto sees surge in trading activity
Cosmos-based Layer 1 blockchain Canto’s total value locked (TVL) doubled in January, reflecting a breakthrough for the emerging blockchain. On Canto, TVL — or the dollar amount of assets ...
Coinshares sees biggest inflows since July, primarily in bitcoin
Coinshares saw its biggest inflows last week since July as total assets under management rose 43% from a November low. Digital asset investment products saw $117 million in inflows last week, of...
OpenSea sees a spike in Ethereum-based NFT sales, thanks to these factors
Ethereum-based NFTs on OpenSea saw its highest monthly sales volume since August 2022. OpenSea saw increased activity in the last 30 days. With Blue Chip non-fungible tokens (NFTs) collections at the ...
Aave V3 Sees $26M Deposits and $6M Loans after Last Friday Launch
Aave V3 drew $26.10M in deposits and $6.66M in loans after Friday’s launch The most loaned coins on the Ethereum network were stablecoins BUSD and DAI. Previously, Delphi Digital hints that USDC util...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors f...
BUSD Sees Sharp Fall Amidst Solvency And Mismanagement Concerns
Binance’s BUSD stablecoin has seen a sharp fall in market capitalization, as its circulating supply dropped to $15.4 billion on Wednesday. The BUSD stablecoin has dropped around $1 billion over the p...
WEF’s official sees more blockchain adoption in 2023 as ‘a lot of enthusiasm’ remains
Despite a challenging year for the blockchain and cryptocurrency sectors, the passion and vigor in this space haven’t disappeared, as confirmed by the Head of Blockchain and Digital Assets at the Worl...
Diageo sees 9.4% jump in organic net sales for first half as prices rise
Diageo PLC UK:DGE said Thursday that pretax profit rose in the first half of fiscal 2023, supported by better-than-expected sales volumes due to higher prices, and raised its dividend payout. The Lond...
ASML Clocks 29% Net Sales Growth In Q4; Boosts Dividend; Sees Market Rebound In Second Half
ASML Holding NV (NASDAQ: ASML) reported a fourth-quarter FY22 net sales growth of 29% year-on-year to €6.43 billion. The Q4 net bookings were €6.32 billion versus €7.05 billion a year ago. The gross m...
Bill Gates Sees China’s Rise As “A Huge Win For The World”
Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, in 2021. Photographer: Hollie … [+] Adams/Bloomberg © 2021 Bloomberg Finance LP China’s rise to a leading economy in recent deca...
DYDX/USD Price Sees Recovery Above $1.70
Join Our Telegram channel to stay up to date on breaking news coverage The dYdX price prediction shows that buyers defend $1.51 support, which results in a recovery above the resistance level of $1.70...
Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet
Ethereum corrected lower sharply and tested $1,500 against the US Dollar. ETH started a fresh increase and is now trading above the $1,600 pivot level. Ethereum is gaining pace above the $1,580 and $1...
G2 Sees Continued Growth in 2022, Reaching 2 Million Software Reviews
During its 10th year in business, the world’s largest software marketplace continues momentum with launch of Market Intelligence solution and 27% employee growth CHICAGO–(BUSINESS WIRE)–G2, the world’...
Purpose Bitcoin ETF sees over $6M in inflows in past week
Definition The number of bitcoin flowing from/to the Purpose Bitcoin ETF. Quick Take Over 300 BTC have been added to the ETF for over three months, equating to over $6M. Back in June 2022, during the ...
Freeport-McMoRan Earnings Beat; FCX Stock Rises As Copper Giant Sees Long-Term Gains
Freeport-McMoRan (FCX) posted Q4 earnings that topped Wall Street estimates, but fell vs. a year ago amid lower copper prices and higher costs. FCX stock rose in Wednesday’s stock market action....
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
ASML Profit Tops Expectations. It Sees a Chip Market Rebound.
ASML Holding, a critical supplier to the global chip-making industry, said Wednesday that it expects to report more than 25% sales growth this year despite uncertainty in the semiconductor industry, a...
PancakeSwap sees whale interest, but the price pump should not fool investors
PancakeSwap remained popular among the whales. However, the metrics and market indicators gave an ambiguous picture. PancakeSwap [CAKE] has remained pretty consistent with its burn process, which ref...