Recently, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, shared his short-term and medium-term price targets for Bitcoin. “Rich Dad Poor Dad, “which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial […]
Shares of Proto Labs, Inc. (PRLB) are rising more than 20% after reporting better-than-expected results in the fourth quarter. The company reported net loss of $115.1 million, or $4.24 per diluted share in the fourth quarter, driven by a goodwill impairment charge of $118.0 million. Last year the company had […]
Shares of Nabors Industries Ltd. (NBR) are falling more than 7% Friday morning at $161.03. The company today said its unit Nabors Industries, Inc. has priced $225 million of 1.75% senior unsecured notes due 2029, believed to be privately placed with institutional buyers. The notes will bear interest at a […]
With the bitcoin price trading more than 67% below its all-time high, not even LocalBitcoins, one of the oldest and most popular peer-to-peer bitcoin exchanges, has been immune from the slaughter. The Helsinki-headquartered exchange is closing its business after serving customers for over ten years due to the difficult market […]
Ride-hailing and delivery platform Uber Technologies, Inc. reported Wednesday weak profit in its fourth quarter, while adjusted EBITDA surged from last year with strong revenue growth above market view. Gross bookings increased and the company projects higher gross bookings in the first quarter. Nelson Chai, CFO, said the company significantly […]
Fashion luxury group Capri Holdings Ltd (CPRI), while announcing weak third-quarter results, on Wednesday issued outlook for its fourth quarter, and trimmed fiscal 2023 forecast, both below market estimates. The company also provided fiscal 2024 guidance higher than the previous year, but below Wall Street estimates. In pre-market activity on […]
A potpourri of reactions continues to fill the Bitcoin community following the launch of Ordinals, an NFT-like protocol, on the Bitcoin blockchain. Ex-Bitcoin developer, Casey Odarmor, made public the release of Ordinals in a January 21st blog post titled “Inscribing Mainnet,” sparking criticisms from a sector of Bitcoin maximalists who […]
Recently, popular and highly respected on-chain Bitcoin analyst Willy Woo took a closer look at Bitcoin’s recent rally that has seen the price of the flagship cryptocurrency rise nearly 40% in January 2023. On 31 January 2023, Woo told his one million Twitter followers: “This recent rally coincides with a […]
Fresh off the t-zone of a tempestuous 2022, Bitcoin is slowly picking up the pace to touch the halfway mark on its all-time high. A reclaim in 2023 would mark the most remarkable comeback, especially among underwater holders except one — Cathie Wood. The self-styled founder, CEO and Chief Investment […]
Federal Reserve’s as-expected 25-basis points rate hike and a dovish commentary lifted cryptocurrencies more than 4 percent in the past 24 hours. The acknowledgement that a disinflationary process had started in the economy helped bolster sentiment even though the Fed Chair stopped short of declaring a victory over inflation. The […]
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