An easing macroeconomic environment is giving bitcoin a bullish sentiment. But some market analysts believe the worst is yet to come. Leading cryptocurrency, bitcoin, was hard-hit last year, trading as low as $15k in November after the epic collapse of FTX. That has since changed, and the price has climbed […]
Shares of Astronics Corporation (ATRO) are rising more than 20% Friday morning after the company announced preliminary fourth-quarter sales, above its previous guidance. The company expects fourth-quarter sales to be in the range of $155 million-$160 million, up from its previous outlook of $140 million-$150 million. “We expect to report […]
Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase has rubbished Bitcoin, terming the top cryptocurrency as worthless and hyped-up fraud. Dimon was speaking Thursday on the sidelines of the ongoing World Economic Forum (WEF) in Davos. When asked by CNBC “Squawkbox” hosts about his take on Bitcoin […]
A popular cryptocurrency analyst known on the microblogging platform Twitter as ‘Kaleo’ has shared a new update with their over 550,000 followers on the platform where they suggest Bitcoin ($BTC) could see its price rally over 40% to $30,000. According to Kaleo, the $30,000 mark is a “magnet,” and the […]
Shares of Novavax, Inc. (NVAX) are rising more than 5% Wednesday morning after the company said its partner SK bioscience received expanded manufacturing and marketing approval from the Korean Ministry of Food and Drug Safety (KMFDS) for Nuvaxovid booster Covid-19 vaccine for adults. Novavax’ COVID-19 vaccine is authorized for use […]
A top cryptocurrency analyst that has gained a large following on social media after accurately in January 2018 bitcoin’s 84% decline throughout that year, from over $19,000 to a little over $3,000 in a year-long bear market, has suggested through two charts that there’s potential for Bitcoin ($BTC) to hit […]
El Salvador, the first country to make Bitcoin legal tender (in September 2021), has passed legislation allowing the country to issue sovereign Bitcoin-backed bonds. According to a report by Bloomberg, El Salvador’s congress has approved a new digital securities law that would allow for raising funds via the “world’s first […]
On Saturday (14 January 2022), Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, commented on Bitcoin’s latest price action. “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial […]
Shares of Wells Fargo & Company (WFC) are falling more than 4% Friday morning after the company reported lower revenue in the fourth quarter, below analysts’ view. Quarterly revenue declined to $19.66 billion from $20.856 billion last year. The consensus estimate of 17 analysts polled by Thomson-Reuters stood at $19.98 […]
Shares of AI-powered analytics and cyber engineering solutions provider BigBear.ai Holdings, Inc. (BBAI)are rallying more than 200% Thursday morning after the company said it received $900 million worth Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Air Force. As per the terms of the contract, BigBear.ai can also compete for […]
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