Facebook reported robust earnings and revenue that handily surpassed Wall Street expectations for the final quarter of 2018 despite heavy spending on safety and security.
It seems that FedEx Corp. is looking beyond Amazon.com Inc. for growth in e-commerce because they’ve just introduced a new late-night shipping option for retailers who want to speedily send orders directly to online customers.
AMD on Tuesday announced mixed fourth-quarter results and guidance that fell short of Wall Street expectations, but beaten down shares were up 5.4% after the report.
The earnings calls of major public companies set ready to shatter the stock market. The next breaking revenue report was made by a prominent iPhone supplier, Apple, which has just reported its financial results for Q1 2019.
Chip stocks took a tumble Monday after Nvidia lowered its guidance for its Q4 2018. The company revised its quarterly revenue guidance from $2.70 to $2.20B due in part to “deteriorating macroeconomic conditions, particularly in China”.
The cloud-based technical offerings along with the bad luck of Microsoft’s rivals served the company the highest market capitalization in the world. Analysts advise moneybags, who are looking for a better place for their capital, invest into Microsoft’s “golden stocks”.
NYSE Arca has completed the official documentation for the Bitwise Bitcoin ETF which is now pending the review of the SEC for further decision.
Facebook is set to report fourth-quarter 2018 results on Jan 30. Its user base growth will be closely monitored by all. Notably, monthly active users increased 199M on a year-over-year basis and 37M sequentially to 2.271B in the last reported quarter.
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.
Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $41 billion on Thursday morning before making an equally quick recovery.
The market valuation of probably the most renowned manufacturer of electric cars – Tesla, has sharply plunged after the RBK analysts rendered a ‘sell’ verdict.
Citing the U.S. government shutdown, the VanEck executives said that the decision to withdraw the Bitcoin ETF came as there was no one to talk around from the government.
Nobody can deny that Apple has had an incredible decade. Since the iPhone debuted in 2007, the company’s sales have jumped tenfold. The stock has soared over 700%, and up until last November, it was the world’s largest publicly traded company.
As Amazon stock price is showing a major revival, here’s a look into the challenges and opportunities for the e-commerce tech giant.
American lawyer Jake Chervinsky explains that despite the U.S. shut down the SEC has provision to act on VanEck Bitcoin ETF. However, ETF executives remain confident.