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Yesterday, Tesla stock increased by over 10% to a new record of $640. Though Bitcoin is a good performer this year, it can’t boast such growth rates.
Microsoft reported earnings for its second fiscal quarter of 2020, including revenue of $36.9 billion, net income of $11.6 billion, and earnings per share of $1.51 (compared to revenue of $32.5 billion, net income of $8.4 billion, and earnings per share of $1.08 in Q2 2019).
Being boosted by various factors, many stocks are climbing up while coronavirus fears are still growing. Let’s have a look at the earnings that some giants have recently reported for the previous quarter.
As BitPay officially launched support for XRP, eGifter and CareUSA were announced among the first merchants to accept XRP as a payment method.
Tron CEO Justin Sun has hinted that he discussed future collaboration with Apple co-founder Steve Wozniak over lunch.
The group of the biggest world’s banks led by the Bank of England will investigate the economic benefits of a central bank digital currency (CBDC).
According to experts, the coronavirus, that has already killed a number of people in China, has created a new level of uncertainty for global markets.
While the U.S. agency that can mandate vehicle recalls, NHTSA, is evaluating Tesla drivers’ complaints of sudden unintended acceleration, there are talks that Tesla stock may go down.
The palladium boom continues to accelerate with the precious metal up 25% over the past two weeks to more than $2,500 per ounce.
As Ripple is often accused of the unreasonable monthly distribution of XRP in large numbers, its CTO David Schwartz provided his own vision on the issue and explained why it is necessary.