Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Search results continue to churn three days after Google announced the May 4 update. Google warned it may take a couple of weeks to settle. The changes are felt by many.
Microsoft (MSFT) stock rose by 1% as the Redmond Washington Technology giant announced new devices including Surface Go 2 and Surface Book 3. The company also unveiled a release date for its Surface Earbuds, Apple’s AirPods competitor.
Papa John’s (PZZA) stock rose yesterday after hours but is down now in the pre-market after the company announced Q1 2020 results. April is said to be the best month in the company’s history.
Stuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.
Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.
Lyft stock price started to rise yesterday after hours when the company revealed its Q1 report. The numbers are still not very impressive but Lyft is doing better than expected.
Peloton has seen a 66% surge in sales and generated $524.6 million in total revenue for the fiscal third quarter that ended on March 31. $98.2 million came from subscriptions, which is 92% higher year over year, and $420.2 million came from product sales, 61% up. PTON stock is up.
With the halving event just around the corner, analysts predict that BTC will continue its bull run. Bitcoin can reach $10,000 before the event.
Ripple Labs is now part of the ISO 20022 standards body that is working on the establishment of a new data standard for payments between financial institutions.
General Motors (GM) stock has climbed as the company announced its earnings report from the first quarter of 2020. General Motors reported $294 million in profit.
The cryptocurrency market continues moving upwards lead by Bitcoin and Ethereum.
Bitcoin is still the most valuable digital asset and its security is being guaranteed by the community of miners and providers. Such providers as CoinFly eliminate fears of users about the centralization.
Tesla (TSLA) stock price is rising, TSLA is trading at around $770. Jim Cramer said that Tesla shares are at a great entry-level.
Inovio Pharmaceuticals might see a plunge in its 2020 gains if a class action lawsuit proves the company deliberately misled the public. Yesterday, INO stock lost over 5% of its value.
The phase one trade deal requires China to buy an additional $200 billion worth of U.S. products and services over the next two years compared to 2017 levels. However, the global pandemic has made it extremely unlikely that China will be able to fulfill its promises.