To double its annual revenue by 2023 as planned, Twitter would need an increase from 43.7 billion recorded in 2020 to at least $7.5 billion.
GameStock (GME) stock has started its way higher again, gaining over 100% yesterday.
The Federal Reserve chairman said that they would opt for a public-centric approach on cryptocurrencies, however, would proceed with the digital dollar developments only after weighing the risks it poses to the US financial system.
Papa John’s also reported very impressive annual figures, with total revenue of $1.813 billion, a 12% increase over the 2019 record.
Overlooking the fears of inflation and rising interest rates, the stock market registered bullish momentum on the outlook of quick economic recovery. Fed Chairman Jerome Powell has said that it will take a long time for inflation to pick up.
Despite Virgin Galactic’s lack of commercial flights, Wall Street has shown some tinge of confidence in the stock performance of the company.
Mattel revealed that its focus this year is its transformation efforts, adding up to its success of reaching consumers on multiple platforms including its new direct-to-consumer offerings.
Charlie Munger was clear that in his opinion: Bitcoin could not become a medium of exchange due to its volatility.
The raised funds will see the larger share going into this development that seeks to ensure that transactions are 10x improved with the L1 development experience preserved.
According to a report by Qatar Financial Centre and Refinitiv, investors stashed $30.4B in global fintech investments in the first 9 months of 2020.
Oxygen is built on Solana, a blockchain that can handle up to 50,000 transactions per second, which is miles ahead of Ethereum that can only process a maximum of 15 transactions per second.
The global sportswear giant stated that the impressive performance in the fourth quarter was led by an 11.8% sales increase in Asia/Pacific, with Greater China at the center of it all.
The loss of the United States Postal Service contract by the Workhorse Group constitutes a major setback for the company, whose base case scenario lies in the long-drawn deal.
However, some tech stocks took the heat on Tuesday following the heightened talks about the inflation concerns.
Predicting revenue for the first quarter of 2021, PubMatic noted that it expects to record about $38 million to $40 billion.