This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
There appeared new evidence that Blizzard is to announce its Diablo 4 in the nearest future.
PayPal has released its quarterly report for the third quarter of 2019. The company has exceeded all analysts’ expectations.
Microsoft beat analyst estimates in fiscal Q1 earnings, reporting earnings of $1.38 per share on revenue of $33.1 billion. Microsoft’s Azure cloud computing business reported 59 percent revenue growth.
Boeing announced its Q3 2019 earnings showing dismal performance, and consequently, fell short of the Wall Street expectations. Surprising enough, but Boeing (BA) stock is up 3.5% closing at $340.50 per share.
Health Navigator will join the membership of the Amazon Care group, a pilot healthcare service program for Amazon employees launched in September.
Tesla (TSLA) reported Q3 revenue of $6.3b and earnings per share, adjusted, of $1.86 on Wednesday. TSLA spiked more than 20% after Tesla posted the surprise profit and said it was ahead of schedule with a new factory in Shanghai.
Tesla CEO Elon Musk said that Tesla plans to roll out controlled access to its full self-driving option sometime before next year.
Softbank steps in and tries to save WeWork with a capital infusion of about $8 billion. CEO Adam Neumann is expected to leave the company with a fortune.
Popular TV Show stock analyst Jim Cramer predicts the bursting of a bubble for Beyond Meat’s shares (BYND).
By the end of Q3 2019, Snapchat’s daily active users surged to 210 million while its revenue surged 50% year-to-year and is currently at $446 million.
Digital asset exchange service, INX, has announced that it will use Brave New Coin’s Ethereum and Bitcoin indices to calculate conversion rates for its forthcoming INX Token.
China currently has 4.4 million millionaires and attained another groundbreaking record being home for 100 million members of the world’s “top 10%”. This is the first time China surpasses America’s 99 million members.
The new MacBook Pro is going to have superthin bezels, and its 16-inch display will actually fit into a 15-inch chassis.
According to Goldman Sachs, the forecasted increase in 2020 stands in contrast to the expected 6% decline in spending by S&P 500 companies in 2019.
Veteran investor Rob Arnott indicates that America’s biggest tech stocks FANMAG are in a bubble and Bitcoin as well.