Shares of Taiwanese LED chips manufacturer SemiLEDS Corp. (LEDS) are trading 48 percent up on Thursday despite there being no company-specific news to influence the stock. The company had in April reported second-quarter net loss of $255 thousand or $0.06 per share, compared to net loss of $697 thousand or […]
A recent survey by the electronic payment giant Mastercard indicates that 4 in 10 people (40%) intend to utilize digital currencies such as Bitcoin as a payment method within the next year. The figures involved in this finding spanned all ages and included residents from four regions – North America, […]
Moderna Inc. (MRNA) reported a profit for the first-quarter compared to a loss in the previous year. Total revenue for the quarter surged from last year, resulting from a full quarter of commercial sales of the company’s COVID-19 vaccine in the U.S. Quarterly earnings per share topped analysts’ expectations. The […]
The cryptocurrency community will witness some of the biggest network changes this year. Ethereum’s EIP upgrade was the first to stir excitement for Ethereum proponents this year, with the implementation of five EIPs which took place during April’s Berlin Fork. Now, the Bitcoin network might be on its way to […]
S&P Dow Jones Indices or S&P DJI, has officially launched its new series of digital asset benchmarks, the S&P Digital Market Indices, which will measure the performances of digital assets such as cryptocurrencies. The move comes based on strong investor demand for benchmarking and index-based solutions based on cryptocurrency and […]
Shares of pool equipment and associated automation systems maker Hayward Holdings, Inc. (HAYW) are surging more than 21% Wednesday morning following robust first-quarter results. The company reported net income of $36.9 million in the first quarter compared with net loss of $10.4 million in the same quarter a year ago. […]
Interviewed live on BTCManager’s Around the Block, hosted by Jefferson Nunn, Ballet CEO Bobby Lee provided a more profound analysis of the current Bitcoin state affairs. The episode gave insight on Bitcoin’s rally over the past year and predictions for its future price. The former BTCC CEO also touched on […]
Shares of Arconic Corporation (ARNC) are rising more than 14% Tuesday morning after reporting better-than-expected first-quarter results. The company also provided full-year revenue outlook, that comes in above analysts’ view. Arconic Corporation makes aluminum sheets, plates, extrusions, and architectural products. Net income in the first quarter increased to $52 million, […]
With Ethereum continuing to outperform Bitcoin vs USD in 2021, crypto analyst and investor Qiao Wang, a former Director of Products at Messari, explains why “we have to acknowledge a nonzero probability of ETH flippening BTC around July.” Currently (as of 09:15 UTC on May 4), Bitcoin is trading around […]
Charlie Munger has described the exponential growth of bitcoin (BTC) as disgusting, drawing the wrath of cryptocurrency enthusiasts on social media. The bitcoin (BTC) price is up by more than 550 percent in the past year. Bitcoin’s Sterling Performance Disgusts Munger During Berkshire Hathaway’s annual meeting on May 1, 2021, […]
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