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Although the Federal Reserve earlier mentioned continued inflation coupled with a recovering economy, the bank had decided to keep interest rates unchanged.
The surge in Facebook revenue in Q1 can be attributed to a 30% rise in the average price per advertisement.
Apple recorded a revenue of $89.58 billion in Q1 versus $77.36 billion expected by analysts according to a survey conducted by Refinitiv.
Once the legislation comes into force, we can expect a flood of institutional money anywhere around 350 billion Euros coming to the crypto market.
The American families plan by Biden will raise the income tax rate paid by wealthy Americans to 39.6% from 37%.
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.