As the company valuations have been soaring record high levels, Berkshire’s cash pile has reached the roof. However, the company’s equity investments have dropped by a record 60% year-over-year.
Argo Blockchain unveiled that it expanded its mining capacity, and added 220 PH/s to its total capacity, bringing the firm’s total mining capacity to 1.295 EH/s as of the end of October 2021.
Based on TSLA’s previous closing of $1,222.09, the worth of the CEO’s 10% shares is nearly $21 billion.
Rivian is going public on the Nasdaq with the symbol “RIVN,” according to a filing with the US Securities and Exchange Commission (SEC).
Uber noted that its gross bookings reached an all-time high of $23.1 billion, up 57% YoY.
Square also said that due to fluctuations in client demand and BTC price, both Bitcoin revenue and gross profit may fluctuate in future quarters.
As of 2020, HashiCorp’s last valuation in the private market stood at $5.1 billion.
TradeStation is joining forces with Quantum FinTech Acquisition Corporation to go public on the NYSE as it looks to increase its marketing budget.
Etsy has given modest expectations for its fiscal fourth quarter, and despite this modesty, it still looks to boost its revenue by 10% YoY to a range of $660 million and $690 million.
As a billion-dollar tech company, Nvidia has seen its stock rally during the past two years when Covid-related challenges affected global businesses.
The surge of the Nasdaq Composite to its ATH was also supported by the impressive job data that was better than analysts’ projections.
Moderna earned $7.70 per share for its latest quarter versus the $9.05 Refinitiv consensus estimate.
Google will also benefit from the deal as it gives the company a hedge in the financial services sector.
An earlier survey by the Hong Kong Securities and Futures Commission (SFC) shows that approximately 54 percent of investors have purchased funds via online platforms.
Following the approval of the Molnupiravir Covid-19 pill by the UK medicine regulator, Merck said it is on track to deliver as many as 10 million courses by the end of this year.