AMD revenue jumped 50% to $2.13 billion in Q4, which is higher than analysts’ estimates of $2.11 billion. However, the Q1 revenue estimate is rather disappointing.
LVMH achieved record profit in 2019. In the fourth quarter, the sales rose 12% to 15.27 billion euros ($16.94 billion). But the coronavirus may negatively influence the company’s revenue.
Some experts think that Ripple’s IPO will put an end to the inherently speculative nature of the XRP token that won’t be much appreciated by its investors.
According to Wietse Wind, the lead developer of XRPL Labs, Ripple is considering launching not only a free version of the banking app but also a paid one that will be called ‘Xumm Pro’.
Bitcoin price surge continues as investors move to crypto on the outbreak of the deadly coronavirus in China. With today’s price jump, Bitcoin has made a new 2020-high and we expect this momentum to continue in the near term.
The Wall Street bets on Pfizer stocks didn’t play out as the drug corporation is having troubles for the first time in 2 years of profits. After having bought back nearly $9 billion of its own shares in 2019, the company has no repurchase plans for 2020.
A Corda-blockchain based trading venture Contour that used to be known under the name Voltron has received a massive money inflow from Standard Chartered (SC).
This is a heat zone for investors who listen to offers and demands. Reynolds Consumer that is valued at over $5 billion is going to raise funds in the first billion-dollar IPO this year.
To address the problems of Ethereum scalability, Syscoin has developed a new protocol called the Bridge that will ensure the seamless transferring of ERC20 tokens into the Syscoin ecosystem.
Bitcoin managed to stay in the green zone, despite correction from a recent high on the level of $9,149.
The general financial market worldwide is currently suffering from the effects of the coronavirus. However, Bitcoin price seems to be boosted by such circumstances.
Dubai may become more crypto-friendly as its DMCC is planning to establish a cryptocurrency valley with special terms.
Philips has been struggling to see sustainable growth in the electronics market, and now it plans to sell its home appliance unit to focus more on the healthcare division where it sees a great future potential.
Apple is planning to boost production and to ship 80 million iPhone units before June and 200 million by the end of 2020. However, the coronavirus might impede that plan.
Singapore’s new financial legislation is aimed to increase crypto-related activities in the country. Notable crypto operators and exchanges support the move to obtain a Singaporean license.