Markets

Apple has published an official report, detailing its earnings for the fourth quarter of its fiscal year which ended on September 28, 2019. According to the report, Apple reasonably exceeded analysts’ expectations on earnings per share as well as total revenue. Regardless, stocks remained relatively stagnant, in response to Apple’s announcement. Now they are traded at approximately 240$.The report shows that Apple pulled in total revenue of $64 billion in the fourth quarter, a year over year...

With the development of blockchain, the competition between various fields has become very fierce. As one of the few traffic entrances of blockchain, exchanges have always been such places for strategists to fight for, and their competition has already entered a serious stage. Moreover, even under the attack of three giants, namely, Binance, Huobi and OKEx, there are still many new trading platforms constantly showing their heads, injecting more innovative and fresh elements into this already...

Since reaching $9,950 three days ago, Bitcoin was forming a dangerous bearish triangle on the 4-hour chart, as could be seen on the following 4-hour’s.Bearish triangles usually tend to break to the downside. However, Bitcoin just broke above, followed by a massive $500 surge (as of writing these lines) from the current daily bottom around $8,950 (Bistamp).Once again, the majority proved to be wrong, following the recent bearish sentiment among the crypto traders. As of now, Bitcoin looks...

Today, October 31, marks the 11th birthday of Bitcoin after its founder Satoshi Nakamoto unveiled the whitepaper back in 2008. Over the last 11 years, Bitcoin has established its supremacy in the crypto market as the world’s largest cryptocurrency by market cap.On 31 October 2008, Satoshi Nakamoto published the #Bitcoin Whitepaper.Happy Anniversary $BTC!Test your Bitcoin knowledge?https://t.co/JECDzwxCnIDiscover the history behind #Blockchain?https://t.co/EhvS2nH6BR...

The most recent game from the stables of Infinity Ward, Call of Duty: Modern Warfare, is like nothing ever seen as it breaks previous records to become the fastest-selling game in the franchise in recent times, making a profit of $600 million within the first three days of its launch.This is definitely good news for all Activision Blizzard investors as the remarkable performance of Call of Duty over the weekend seems to have infused the needed strength to its weak share price.At the moment...

Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....

Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. Thanks to a reinvigorated stance on blockchain from China’s Premier, Xi Jinping, China may be on the brink of an entirely new crypto craze. Xi Pumps Blockchain Last week Xi shocked the cryptocurrency world by throwing the insurmountable force of China behind bitcoin’s underlying tech....

Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund could purchase and sell Bitcoin, and addressing insurance requirements for the fund’s bitcoin held in wallets.3iQ has taken reasonable steps to mitigate the risks associated with the fund...

Facebook is one of the most attacked companies in the world as it always seems to be swimming in one legal or regulatory battle or the other (especially in relation to its Libra project), at pretty much every point in time. However, the social media giant is still also one of the world’s most successful companies and has proven it time and again, most recently with its recent third-quarter earnings figures. Facebook’s numbers exceeded expectations and well enough for its stock (FB) to hit...

Photo: PixabayBlockchain startup Ripple is once again in news for investing in a cybersecurity startup called Keyless in the latest $2.2 million seed funding round. Keyless specializes in creating security products that can unlock access to users’ biometric data and private keys.Based in London, Keyless claims itself to be the first global company combining biometrics with multi-party computation. With its unique product offering, Keyless has attracted major investors like venture fund...