During the earnings call, Al Kelly firmly reiterated and outlined Visa’s plans, stating that the credit card company has been looking into Bitcoin-related services.
Microsoft revealed that revenue in the Intelligent Cloud increased by 23% to $15.1 billion.
Alphabet stock has jumped 85.87% over the past year and has added 30.72% in its year-to-date record.
It is now the season of S&P 500 big tech companies reporting their first-quarter earnings. By now, about 30% of them have reported results. Nearly 88% of reporting companies beat analysts’ expectations. However, only half of them saw their stocks rise after their reports.
Prior to Wednesday’s Ethereum (ETH) price pump, several underlying factors had accumulated in favor of the asset.
The complete TIME100 list features 64 companies with headquarters in the US, including electric automaker Tesla, Twitter and Mastercard.
Gemini credit cardholders will earn up to 3% back on dining, 2% back on groceries, and 1% back on other purchases.
Alistair Milne says that tomorrow making its Q1 earnings report Facebook will reveal that it holds Bitcoin on its books.
Strong earnings from big tech corporations are keeping the market momentum positive. However, the surge in commodity prices have fueled the fears of inflation as the consumer staples sector witnesses downward pressure.
The Toyota’s Woven Planet acquisition of Lyft’s Level is billed to save the latter firm $100 million of operating expense.
In its Q1 2021 results, Tesla stated that it has liquidated 10% of its total holdings in Bitcoin netting a positive income of $101 million. The company also revealed good delivery numbers while addressing issues with semiconductor and hardware supplies.
The use of all Telegram features is absolutely free for now. However, monetization plans are still underway.
The new move by JPMorgan represents a turnaround for the investment bank as its CEO Jamie Dimon previously called Bitcoin a dangerous fraud.
From a technical point of view, Bitcoin price is still on the rising trend in the long term narrative.
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